marketing3.0 chapter 5 & 6

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CHAPTER FIVE Marketing the Values to the Channel Partners

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Page 1: Marketing3.0 CHAPTER 5 & 6

CHAPTER FIVE

Marketing the Values tothe Channel Partners

Page 2: Marketing3.0 CHAPTER 5 & 6

Companies

ConsumersEmployees

Channel partners are Complex entities

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Channel Partners

1)Collaborators

2)Cultural change agents

3)Creative partners

3 roles

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1) Collaborators

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Q1 : What is importantto select the fit?

Own values

Partner’s values

A : Shared values

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Q 2: What is the first step?

Own values

Partner’s values

A : To understand his/her values

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Study Question1. What is the relationship

between shared values and design thinking process?

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2) Cultural change agents

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Q : What is a role?

You Channel Partner

Consumer A

Consumer B

Consumer C

A : Distributing story

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Bad example : different stories

You Channel Partner

Consumer A

Consumer B

Consumer C

NO CONSISTENT

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It should be…

You Channel Partner

Consumer A

Consumer B

Consumer C

CONSISTENT

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Study Question1. Does design thinking process

make story consistent?2. If so, how?

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3) Creative partners

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Q : What makes partnership creative?

Management

integration

Creativity

A : Managed & integrated partnership

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4 stages for creative partnership

1) Single channel

2) Multi channel

3) Territory-Based channel

4) Integrated Multi channel

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Study Question1. Choose any parts of

design thinking, what kind of management way makes process creative?

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Summary1. Finding right channel

partners with shared values

2. Be integrate with partners to bring integrity to the stories

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CHAPTER SIX

Marketing the Vision tothe Shareholders

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What is VISION?

Mental model, tying mission and values to the own image of the future.

Mission

Values

Vision

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What should vision embrace?

Vision

???

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SustainabilityVision

Sustainability

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Study Question1. Is that important to care

sustainability for design thinking? If so, why?

2. How do you care about sustainability with design thinking process?

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All the stakeholdersConsumers

Employees

Channelpartners

Government

Nonprofits

Public at large

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Short-term performancewith sustainability

Your Company

Company ACompany

B

Short-term

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Short-term performancewith sustainability

Your Company

Company ACompany

B

Short-term

Not much difference

But…

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Long-term performancewith sustainability

Your Company

Company ACompany

B

Long-term

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Long-term performancewith sustainability

Your Company

Company ACompany

B

Long-term

much difference

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Two definitions of sustainability

“the company in the business world”

“the environment and social well-being”

“Long-term survival of…”

Companies Society

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Two definitions of sustainability

“the company in the business world”

“the environment and social well-being”

“Long-term survival of…”

Companies Society

Two developments make the synergy

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1)Polarization: mature / impoverished market

High-end consumers concernabout sustainability

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1)Polarization: mature / impoverished market

2)Scarce resources: The earth has a limit

High-end consumers concernabout sustainability

Managing the scarcity of resources will make a company win

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Three metrics for financial standard

1. Improved cost productivity2. Higher revenue from new market

opportunities3. Higher corporate brand value

Finding linkage between sustainability,profitability and returnability

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Study Question1. Does design thinking process

meet needs for profitability and sustainability?

2. If not, how do you make it happen?

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Summary1. Sustainability determines

competitive advantage in the long run

2. Let shareholders know that sustainability makes brand values improve