Manosh R. Sengupta Brand-Parent. Nurturer. Mentor brand-@itude 43 Imperial Court, 33/2 Cunningham Road, Bangalore 560052 Handphone: +91-9900523170. E-mail: [email protected] amidst a world of choices… give me a reason The Philosophy ‘Labour Pains – the art of brand parenting’ : raison d’être of a marketing professional The Product ‘brand-@itude’ : the model through which a brand’s foundation and I.D. is determined The Process ‘Engagement Ring’ : the 4-phase way to build continuous Stake-holder relationship Context: Brand is the cornerstone upon which Organizations / Products / Sevives are built. It forms the most valuable asset of a Corporation, accounting for at least 40% (thumb-rule) of the Enterprise value. Some of the most successful brands, contribute more than half of Enterprise value: Apple 51%; Coca Cola down from 51% in 2010 to 46% in 2011. As brands run the risk of commoditization - technological parity, price competitiveness and distribution ubiquity - the path to salvation lies in strengthening its essence: the values it stands for and the behaviour through which it connects with its stake-holders. In the era of services-marketing, it requires more than just the marketing department to build brands… the entire Organization has to work (behave) in unision, delvering across touch-points, a unified brand experience – its Values, Vision and Cultural nuances. It is in this context that brand behavior attains critical importance. The BIG question most CEO / CMOs are grappling with is how to align a diverse universe of stake-holders to a unified attitude that is based on shared values. Answering this question is Manosh’s 3 step approach of his philosophy – product – process. As an aside, indulge me as I explain the genesis of this 3nity: philospohy; product; process. The quest for spirituality is a Philosophical journey that often leads us to a Product (religions; cults; subcults), each with its distinctive Process of rituals and customs. Of-course, this is just a metaphorical link. Manosh R. Sengupta Brand-Parent. Nurturer. Mentor brand-@itude The Philosophy: ‘labour pains… the art of brand parenting’ -----------------------------------------------------------------------------Life is a quest to attain self-actualization… this journey is a discovery of who we are. Inevitably the answer, often, lies in the attitude that we adopt to project our personality: who are U… your attitude is your identity… your destiny each symbol, a metaphor of an attitude type. The story of a brand is no different. The way I see it, it’s not… a product… neither a service… nor a corporation it is a life-from… more importantly, a human life-form … endowed with a soul (values); a spirit (emotions); a mind (think) and a body (behavior). Together, these faculties create its personality (self-image) Mind think Soul values Body behave Spirit feel Personality self-image relationships …and, like any human being, it has a life-cycle and needs to be nurtured… nourished… parented Manosh R. Sengupta Brand-Parent. Nurturer. Mentor brand-@itude A brand’s life’s purpose is measured by the strength of its relationships and the value it creates for them. As a brand-parent, our responsibility lies in instilling this child with certain values, nurturing its emotions, thereby helping it shape its personality and mentor the relationships, it forms along the way brand-parenting… Instill values Nurture emotions Shape personality Mentor relationships values brand… the fruit of our labour pains … in other words, parenting the brand to acquire its distinctive attitude, based on a set of core values. The Product: ‘brand-@itude’... amidst a world of choices, give me a reason ---------------------------------------------------------------------------------------------------Attitude is the connect between us and the world. It is the bridge that influences our behavior, connecting personality (self-image) and persona (perceived image). Personality… Persona… Attitude: What’s the connection? Self-image Behaviour personality attitude stimulus response Audience Identity attitude: the bridge collection of beliefs and feelings that influence an individual’s behavior persona Manosh R. Sengupta Brand-Parent. Nurturer. Mentor brand-@itude Values are universal and shared across tribes and cultures. What differentiates one from another is the manner in which they get expressed. This is a result of our attitudes … collection of beliefs and feelings that influence behavior (individual and/or group). A brand’s value is measured by the strength of its relationships, a derivative of its behavior attitude. communication Attitude, thus, becomes the fulcrum upon which our identity is built. I.D. is Attitude my attitude how do I live my values adverb how do I behave? verb what do I do? my mission the tasks that will get me there noun who am I? my values… my vision my dreams… my destiny I.D. pyramid The additional challenge in today’s environment is that the consumer leads a multi-dimensional life: live… work… play – fuelled by digital enablers – resulting in a multi-dimensional persona (perceived image). S/he is in constant search of bridges that connect to these roles, without diluting the core personality (self-image). The challenge for any brand is how to connect itself with stake-holder ecology of live… work… play. play work stake-holder ecology live Manosh R. Sengupta Brand-Parent. Nurturer. Mentor brand-@itude The brand-@itude, is a product born from the philosophy of brand-parenting, that believes brands are akin to human life forms with a fundamental need to build relationships in its journey towards self-actualization. It is a model that aids a brand in defining its I.D. and also the manner in which it needs to adapt to the human ecology Brand and the stake-holder ecology play transactional attitude core value stakeholder foundational attitude transactional attitude work transactional attitude live To summarise, I quote my friend, Priyanka (SIMC, Bangalore, 2012), “Don't confuse my personality wth my attitude. My personality is who I am and my attitude depends on who YOU are...” The Process: ‘Engagement Ring’… symbolizing that nothing is more sacred ---------------------------------------------------------------------------------------------------A metaphor, built around the ‘engagement ring’, symbolizing the start of a life-long journey. It is a statement of intent on the seriousness of the relationship, which is being proposed. It is a representation of the Giver’s intent to place the Receiver above all others… nothing is more sacred. As brands start out on their journey of life, it needs to introspect whether the consumers it attracts are just ‘onenight-stands’ or ‘life-long-partnerships’. It needs to decide whether it’s in the game of commodityfying itself or building a brand. Sustaining relationships is an evolutionary process. It requires continuous re-energization. Every time it reaches a point of fulfillment, the seduction process needs to start all over again. The Stake-holder Engagement Ring model is a 4-step guide that helps the brand-parent to work out each step and keep it invigorated. invite why should I be there? integrate become a part of the eco-system Engagement Ring stimulate how to ensure heightened activity innovate how different is the experience?
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