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The Brand Flip


Synopsis


Best-selling brand expert Marty Neumeier shows you how to make the leap from a company-driven past to the consumer-driven future. You'll learn how to flip your brand from offering products to offering meaning, from value protection to value creation, from cost-based pricing to relationship pricing, from market segments to brand tribes, and from customer satisfaction to customer empowerment.

 

In the 13 years since Neumeier wrote The Brand Gap, the influence of social media has proven his core theory: "A brand isn't what you say it is - it's what they say it is." People are no longer consumers or market segments or tiny blips in big data. They don't buy brands. They join brands. They want a vote in what gets produced and how it gets delivered. They're willing to roll up their sleeves and help out - not only by promoting the brand to their friends, but by contributing content, volunteering ideas, and even selling products or services.

 

At the center of the book is the Brand Commitment Matrix, a simple tool for organizing the six primary components of a brand. Your brand community is your tribe. How will you lead it?

Summary

Chapter 1: The Brand Flip Imperative

* Summary: Explains the need for brands to adapt to the changing consumer landscape driven by technology and social media.
* Example: Airbnb disrupted the hotel industry by empowering individuals to list and rent out their homes, creating a more personalized and community-oriented experience.

Chapter 2: The Brand Flip Framework

* Summary: Introduces the Brand Flip Framework, a three-step process for transforming brands into consumer-centric organizations: 1) disrupt yourself; 2) engage the crowd; 3) ignite the network.
* Example: Netflix disrupted the movie rental industry by offering streaming services, engaging its audience through personalized recommendations, and igniting its network through online discussion forums.

Chapter 3: Disrupt Yourself

* Summary: Emphasizes the importance of embracing innovation and taking risks to stay ahead of competitors.
* Example: Tesla disrupted the automotive industry by developing electric vehicles, challenging traditional car manufacturers and revolutionizing transportation.

Chapter 4: Engage the Crowd

* Summary: Highlights the significance of engaging with customers on a personal level through social media, user-generated content, and community building.
* Example: Starbucks engaged its audience through its MyStarbucksRewards program, mobile app, and social media campaigns, fostering a loyal and interactive customer base.

Chapter 5: Ignite the Network

* Summary: Explains how brands can empower their customers to become brand advocates by creating shareable content, encouraging word-of-mouth, and fostering a sense of community.
* Example: Red Bull ignited its network by sponsoring extreme sports events and creating viral videos, building a loyal and passionate fan base that shared its content and promoted the brand.

Chapter 6: Case Studies

* Summary: Presents real-world examples of successful brand flips by companies such as Domino's, Uber, and Apple.
* Example: Domino's transformed its brand image from a low-quality pizza chain to a modern, technology-focused pizza delivery service through a comprehensive brand flip.

Chapter 7: The Brand Flip Leadership

* Summary: Emphasizes the role of leadership in driving brand flips and creating a culture of innovation and customer-centricity.
* Example: Jeff Bezos, CEO of Amazon, has consistently disrupted his own business model, engaging customers through personalized recommendations, and creating a vast network of fulfillment centers and third-party sellers.

Chapter 8: The Brand Revolution

* Summary: Discusses the broader implications of the Brand Flip for the future of marketing and business.
* Example: The rise of the sharing economy, where individuals share possessions and services, has empowered consumers and disrupted traditional industries, leading to a fundamental shift in the way brands operate.