Warc, 20 May 2014
NEW YORK: General Mills, the owner of American household
favourites like Betty Crocker, Pillsbury and Cheerios, is embracing
purpose-driven branding as it seeks to better serve consumers.
Mark Addicks, svp/cmo at General Mills, discussed this theme
while speaking at the Advertising Age Digital Conference 2014.
"About a year ago, we sat down with all our brand teams
and we pushed this idea of purpose," he said. (For more, including how
Betty Crocker and Wheaties have pursued this idea, read Warc's exclusive
report: General Mills and the benefits of brand "purpose".)
"We asked our teams to say: what is the belief that
your brand shares and cares about passionately, and then what does the brand
exist to do."
Many other companies - such as Unilever and Procter &
Gamble - have adopted this strategy, and Addicks argued it is not a revolution
as much as a reformulation of long-standing principles.
"This is basic brand fundamentals, but it's put in a
new format – and a very meaningful one," he said.
General Mills worked with Joey Reiman, an adjunct professor
at Emory University's Goizueta Business School and an expert author on the idea
of brand purpose, in refining its approach.
Among the core questions its marketing teams sought to
answer, and thus generate ideas for growth, were "What does the brand
stand for?" and "Who does it seek to serve?"
Recent research conducted by EffectiveBrands and the ANA has
outlined the positive impacts of purpose-driven marketing.
And, according to Addicks, even if this exercise is
completed in a rudimentary way, it still has beneficial consequences. "A
good brand purpose will improve marketing," he asserted.
Fully embracing this programme, however, promises to
"transform" both the underpinnings and execution of campaigns – which
is especially helpful in today's dynamic media ecosystem.
"I think there's a lot of fear – and I have it – of,
'Should we be first mover?', 'Have we tried this?' 'Have we tried that?',"
said Addicks. But "without that purpose, without that anchor, I think your
brands can be fundamentally lost," he concluded
Data sourced from Warc
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