Mobile: the Relationship Channel (Version 4.4) the MMA Would Like to Thank Its Member Sponsors for Their Support in Making This Publication Possible

Total Page:16

File Type:pdf, Size:1020Kb

Mobile: the Relationship Channel (Version 4.4) the MMA Would Like to Thank Its Member Sponsors for Their Support in Making This Publication Possible Mobile: The Relationship Channel (version 4.4) The MMA would like to thank its member sponsors for their support in making this publication possible. Contents Foreword 1 1 Introduction & Purpose 2 2 Why mobile is being used? (The unique role that mobile plays) 4 3 The role that mobile plays in loyalty / The benefits of mobile CRM 13 4 Enablers of mobile loyalty 18 5 Current Mobile Loyalty Landscape 21 5.1 The Current Landscape 5.2 Mobile Wallet 6 Best Practices 31 7 Top Metrics for mobile loyalty programmes 48 8 Barriers to adoption 51 9 Conclusion 54 Foreword by Paul Berney The aim of this White Paper is to give an overview of the current state of the role of mobile in loyalty, with a sister paper focussed more on the like future role that mobile will play set to be published by the MMA in 2014. As this White Paper will demonstrate, although it is early days for the use of mobile in loyalty programmes, there are already some stand-out successes. Both the mobile channel and mobile technologies are having a significant effect on the way that brands engage with the customers. In this way, mobile is both causing and enabling a change in consumer behaviour and the way we interact. The paper will show that mobile can both enhance and extend current loyalty and CRM programmes and at some near future point, mobile will start to replace other channels as consumers become move to a ‘mobile first’ world. As ever the MMA is grateful for the support of its members in helping create this document, in particular the contributing sponsor companies of Advice Group, Aimia, Gemalto, IMI Mobile, Lumata and Velti. Mobile: The Relationship Channel 1 1 Introduction & Purpose The global ad market is on a path of steady recovery, with growth of 3.5% forecast for 2013, followed by 5.1% in 2014 and 5.8% in 2015, according to the latest ZenithOptimedia forecasts. This growth is being driven by digital innovations, with mobile, by some distance, the fastest-growing segment of internet advertising. As the consumer attention shifts to the screens held in the hand, logic therefore dictates that advertisers also spend their efforts where their consumers are -- the mobile channel. And as advertisers attempt to make their businesses more productive and boost customer satisfaction and trust, loyalty and CRM programmes are becoming ubiquitous in marketing strategies. But given that there is a rapid change in consumer habits – the expectation that any desired information or service is available on our mobile devices – how can marketers keep up and win new customers, keep existing ones loyal and increase engagement and grow commitment to the brand? The answer, not surprisingly, is being where the customer is. The mobile. Without a doubt, loyalty programmes are an effective way of attracting, retaining and turning consumers into a company’s profitable, and most importantly, the most engaged and therefore valuable customer. In Europe almost 80% of the population is signed up to some kind of loyalty programme. And as the number of mobile devices and their usage continues to rise, marketers will have no choice but to meet their consumers on their desired devices. Mobile is the one true medium that connects the digital to the real world. The aims for different companies could be varied – from driving specific customer activity to repeat purchase to learning more about the customer – but the essence of all loyalty programmes is to establish a higher value relationship between the business and its customers. Mobile: The Relationship Channel 2 This white paper analyses • The benefits and advantages of mobile over other channels in the context of loyalty. The paper will outline the advantages that the contextual and personal nature of mobile has over other channels, which makes its both the most powerful and the most challenging channel for marketers. • The current landscape and best practices, to highlight the tools and enablers of mobile loyalty that businesses can derive inspiration from. • How mobile can be used to engender loyalty and therefore deepen customer engagement, and how mobile is changing our approach to loyalty and therefore more meaningful customer relationships. For the purpose of this White Paper, we have used the following definitions of Mobile Loyalty and the mobile CRM. Mobile Loyalty An on-going value driven engagement between the brand and the consumer through the mobile channel. Mobile CRM A model to manage and measure one-to-one customer relationships on a mobile device, which allows for better returns and an enhanced loyalty. Note: It is recognised that occasionally marketers use mobile loyalty and mobile CRM as interchangeable terms. For the purposes of this document, CRM is seen as an approach to achieve loyalty. This white paper does not seek to provide an in-depth explanation of loyalty schemes as a whole, but how mobile can be used within them. It is assumed throughout that the starting point to any successful loyalty scheme is the creation of a positive customer experience and therefore the key to any good loyalty programme is to establish an on-going framework to allow for learning more about customers, influencing their behaviour and providing them added value in return. Mobile: The Relationship Channel 3 2 Why Mobile is Being Used? The Unique Role that Mobile Plays The ultimate aim of any business is more than a one-off sales – it is about engagement, repeat purchase and building a long term trust and loyalty with their customers. In a multi-channel world where consumers carry their phones with them every moment of their waking lives, there exists a tremendous opportunity for brands to engage in a dialogue with their consumers in a way that is personal, relevant and most importantly valuable. As the role of mobile grows, marketers are experiencing a seismic change in the way consumers search, shop, pay, play, communicate, consume and receive information. Mobile is affecting every stage of the path to purchase, and is clearly developing as one of the most effective platforms to inspire a desired action from the consumer. The omnipresence of mobile means that this device plays an intimate role in consumer lives, blurring the physical and digital worlds. Bank of America predicts $67.1 billion in revenue from smartphone and tablet retail purchasing by European and US shoppers in 2015 (Source: Business Intelligence). In the UK alone, 39% of the total UK mobile population conducts shopping activities on their mobile phones, while 7 million actually purchase goods and services via their device – an increase of 46% (Comscore, 2013). Mobile: The Relationship Channel 4 The Comscore 2013 Europe Digital Future in Focus report also added that 19.2 million EU5 (France, Germany, Italy, Spain and UK) smartphone users purchased a product or service via their devices in the three months ending December 2012. According to eMarketer’s latest forecast- this year, 18.8% of all digital ad spending in North America will go towards mobile internet ads. Western Europe and Asia Pacific are nearly tied this year, with 12.6% and 12.3% of all digital spending occurring on mobile, respectively. Western Europe, meanwhile, is expected to expand its share more rapidly, as a relatively mature desktop ad market gives over to mobile channel. Mobile: The Relationship Channel 5 The ever present nature of mobile therefore means that ‘enabled’ consumers are much more in control of their own needs and instant gratification and marketers face a number challenges in meeting those needs, such as how do they use the mobile channel to: • Build stronger ties with consumers? • Provide the information the customer is looking for? • Offer unique set of services that cannot be matched elsewhere? • Offer competitive pricing? • Provide ease of shopping and ease of delivery? • Make sure that the customer will recommend services received to other potential customers? • And how to make sure that the customer returns to engage with the business following this one customer journey? The following changes in consumer behaviour show that when it comes to using mobile technology, consumers are already there. Businesses need to play catch up. Mobile: The Relationship Channel 6 Consumers ‘consume’ technology Mobile can be viewed as both the cause and enabler of changes in consumer behaviour. Consumers are increasingly media multi-tasking with more than 8 out of 10 mobile media users (84%) simultaneously interacting with their TVs or PCs, according to a mobile focused research commissioned by Yahoo! among UK mobile media users aged between 16 and 65. A recent study from Future Foundation identified the emergence of ‘Hyper Individuals’ who are harnessing the wealth of technology available to them as consumers in order to learn new methods of efficiency, speed and accuracy. This always-on-the-go individual is “not just the multi-tasker searching for a good deal. Or the consumer who tracks their health and home energy use. Or the one who uses technology to automate their financial decisions. The Hyper Individual is the confluence of all these – the consumer who lives in the Cloud.” The study says that the rise of the Hyper Individual will mean the emergence of the next trend – the end of inefficiency – meaning that it will lead to the rise of the smart algorithm and websites, apps and services that can mine data and suggest the best choice to the consumers. The Future Foundation research found that 70% of British respondents said they would be interested in a real-time online price-monitoring service that alerted them the moment the price of a product fell, and 62% in a service that would move money automatically between savings accounts to make sure they earned the best interest rate.
Recommended publications
  • Buying a Mobile Phone
    Buying a mobile phone Getting started A SIM card is the small chip that goes into mobile phones allowing the phone to connect to the local network. Making calls in the UK using your own international SIM card is likely to be expensive so you might want to buy a new SIM or buy another mobile phone with a SIM included. It can sometimes be cheaper to buy an international calling card that will let you make calls home from a landline, mobile phone or phone box. You can buy calling cards from the newsagent’s shop opposite the Parkinson Building. Currently, when using a UK SIM, you will not be charged extra fees to use your UK allowance of minutes, texts or data plan when in countries within the European Economic Area (EEA). Some providers may also have offers for usage in other countries such as the US, so look out for this. There are two different ways to buy a mobile phone: pay-as-you-go or a contract. Please read the following information carefully to see what you will need to get started. Pay-as-you-go You can get a pay-as-you-go mobile phone or SIM card very quickly and it is easy to keep track of how much you are spending on calls. You can buy credit online, in supermarkets, newsagents, petrol stations and at some ATMs. You will also find a free pay-as-you-go SIM card for Lebara mobile in your Welcome Pack that includes £1 pre-loaded credit. You may be able to buy a SIM card in the UK and use it in your own phone from home.
    [Show full text]
  • LOYALTY MARKETING DONE RIGHT the Best Labor-To-Customer Ratio
    VOLUME 2 | NUMBER 1 | SPRING 2007 A PUBLICATION OF FUJITSU TRANSACTION SOLUTIONS INC. WHAT ABOUT THE CUSTOMER YOU NEVER SEE? Applying call center metrics to the brick-and-mortar retailer By Jonathan Amsler It’s no secret that call center customer man- agement has become quite a science, as tools and analysis for queue management and aban- donment rates are increasingly sophisticated. One thing is clear: call centers have an advan- tage over brick-and-mortar retailers because management can easily tie wait time to cus- tomer service, track lost customers and analyze labor dollars against the lost virtual customer. It makes one wonder … do brick-and-mor- tar retailers care about the customer in their stores the same way call centers do? Most retailers have a limited view of the customer that has walked through their door. Many rely on transaction data to determine the number of customers, how quickly they are served, and LOYALTY MARKETING DONE RIGHT the best labor-to-customer ratio. Unfortunately, By Peter Wolf this method does not capture the customer you Acquiring new customers is an expen- over their predecessors, with advanced tech- never see – the customer who didn’t buy. sive and difficult process; therefore, it nologies that enable greater understanding WHO IS THIS CUSTOMER? is imperative that retailers focus on retain- of their customers’ purchase behaviors and Of course it is impossible to answer that ing existing customers and rewarding cus- one-to-one targeted marketing. question specifically, but you can be sure that tomer loyalty. Unfortunately, many companies haven’t he or she probably entered your store with the Retailers have long recognized the value evolved their programs much beyond those intent to buy.
    [Show full text]
  • Exploring Gender Influence on Customer's Intention to Engage
    RESEARCH Abstract Exploring Gender Influence on Customer’s This study conceptualizes and tests a theoretical framework that investigates Intention to Engage Permission-based customers’ intention to engage in permis- sion-based mobile marketing communica- Mobile Marketing tions with a firm in the hospitality sector and examines the effects of gender. The HEIKKI KARJALUOTO, HEIKKI LEHTO, MATTI LEPPA¨NIEMI AND model proposes that perceived usefulness, CHANAKA JAYAWARDHENA perceived ease of use and perceived trust affect attitude toward advertising, which in turn, together with perceived behavioural control over mobile communications and reference group influence, affects intention to engage in permission based mobile communications with a firm. Data is collected by the means of an online survey (n58,578) and analysis incorporates con- firmatory factor analysis and structural equation modelling. The results support the conceptual model and show specifically that perceived usefulness of mobile communica- tions explains a considerable amount of INTRODUCTION Telecoms and Media (2006) estimates attitude toward advertising. Attitude was that wireless advertising spend will found to explain a considerable amount of With the notion of one-to-one mar- more than double from 2006 levels the intention to receive messages from a keting, which contends that custo- to over US$1.5bn in 2007 (US$ 871 firm. Furthermore, women are found to have a stronger relationship between mobile mers should be addressed individually, million in 2006), although still marketing communications with both inten- one at time (Peppers and Rogers remaining very minor in the overall tions to visit and actual visits compared to 1993, Peppers et al. 1999), marketers advertising landscape.
    [Show full text]
  • Long Range Wifi Tube Settings
    To set up the Long range Wifi, open a new ‘Tab’ on the browers and type ‘192.168.2.1’in the adress bar and you will get the management screen from the Wifi router, again username is ‘admin’ and password is ‘admin’ and click ‘login’ You will then get the status screen as below, Long Range Wifi Chrome quick reference guide Click ‘Easy Setup and select the WAN connections and ‘Client Router Mode’ and click on ‘Next’ On the next screen click ‘Site Survey” Long Range Wifi Chrome quick reference guide This will bring up a screen with all the available WiFi hotspots in the area. Select the WiFi Hotspot you require, the system will connect to most Wifi access points with a signal greater than -80dB ie -79dB to 0dB. Select the Wifi you want in this case BT with FON and click ‘Select’ N o w If you have selected a known Wifi with and access code you will be asked to enter this as the ‘Passkey’ So if you have been to a Bar and have the code this is where you enter it. Set the power level to 24-27 if requires some units do not have this field.. Long Range Wifi Chrome quick reference guide Select Next on the following screens until you reach done and the unit will reboot. Open another tab on you browser and you shold be connected to the Internet, you can also log back into the Long ranage WiFi on 192.168.2.1 and check the status of the connection If you are connected as in this case to BT Openzone, enter your account details and connect to the internet, all other devices will not need to logon to BT or the Public Wifi provider.
    [Show full text]
  • Attitudes to Online Advertising: New Formats and New Perspectives
    TESIS DOCTORAL Título Attitudes to Online Advertising: New Formats and New Perspectives Autor/es María Elena Aramendía Muneta Director/es Cristina Olarte Pascual Facultad Facultad de Ciencias Empresariales Titulación Departamento Economía y Empresa Curso Académico Attitudes to Online Advertising: New Formats and New Perspectives, tesis doctoral de María Elena Aramendía Muneta, dirigida por Cristina Olarte Pascual (publicada por la Universidad de La Rioja), se difunde bajo una Licencia Creative Commons Reconocimiento-NoComercial-SinObraDerivada 3.0 Unported. Permisos que vayan más allá de lo cubierto por esta licencia pueden solicitarse a los titulares del copyright. © El autor © Universidad de La Rioja, Servicio de Publicaciones, 2020 publicaciones.unirioja.es E-mail: [email protected] Facultad de Ciencias Económicas y Empresariales Departamento de Economía y Empresa Doctoral Thesis ATTITUDES TO ONLINE ADVERTISING: NEW FORMATS AND NEW PERSPECTIVES María Elena Aramendia Muneta Logroño, 2019 Facultad de Ciencias Económicas y Empresariales Departamento de Economía y Empresa Doctoral Thesis ATTITUDES TO ONLINE ADVERTISING: NEW FORMATS AND NEW PERSPECTIVES PhD Candidate: María Elena Aramendia Muneta Supervised by: PhD Cristina Olarte Pascual Logroño, 2019 A Isabel, mi madre, porque sin ella, esta tesis nunca habría sido posible. “ Don't let anyone rob you of your imagination, your creativity, or your curiosity. It's your place in the world; it's your life. Go on and do all you can with it, and make it the life you want to live.” — Mae Jemison — Agradecimientos Después de este largo proceso doctoral, donde he puesto toda mi alma y pasión como “marketiniana” que soy, llega el momento de acordarme de todas las personas que han estado presentes en este tiempo.
    [Show full text]
  • Mobile Marketing a Tool for Building Customer Loyalty.Pdf (1.621Mb)
    ‘Mobile Marketing A Tool For Building Customer Loyalty’ Lesley Gaughan Dissertation in Partial Fulfilment of the Requirements for the Degree of MSc in Marketing Practice 31st July 2012 Presented to: James Kearns Department of Business School of Business Letterkenny Institute of Technology Disclaimer 1 I hereby certify that this material, which I now submit in partial fulfilment of the requirements of the Degree of Master of Science in Marketing Practice is entirely my own work and has not been obtained from the work of any other, except any work that has been cited and acknowledged within the text of my work. Signed:…………………………….. ii Disclaimer 2 I agree that this thesis may be used by Letterkenny Institute of Technology for teaching purposes on future Masters Programmes. Signed:…………………………… iii Abstract In recent years, marketing to customers has become increasingly challenging as the number of available products and services across industries has grown significantly, while at the same time marketing tactics and customer touch points have proliferated. It is vital for the survival of any organisation to have loyal customers as the complexity and the competitiveness in the market place regards to what companies need to do and how they do it, meeting with the needs of the customer The recent rapid growth of the mobile phone market has made mobile marketing one of the most important advertising tools and contact points available to companies today. Mobile marketing can increase customer loyalty by providing customers with timely and informative information. The aim of this piece of research aims to explore mobile marketing and how it can contribute to customer loyalty.
    [Show full text]
  • Rewarding Loyal Customers to Increase Mobile Payments Adoption
    R Payment Strategies E Rewarding Loyal Customers to Increase P O Mobile Payments Adoption R April 2017 By Elisa Tavilla T 1. Introduction This report examines whether mobile loyalty rewards can impact consumer mobile payment adoption. It looks at how retailers in different segments, including coffee chains and quick service restaurants (QSRs), pharmacies, department stores, and hotels, are leveraging mobile loyalty features to enhance the retail experience for consumers and increase mobile payment usage. The analysis is based on interviews with 12 businesses representing retailers, financial institutions, and loyalty marketing solution providers, as well as secondary industry research. While many U.S. consumers are shopping with their mobile phones1, few make mobile payments. Deloitte’s “2016 Holiday Survey” found that only one in four mobile phone users make mobile payments using a retailer app, and even fewer (13 percent) use mobile wallets for in-store payments.2 However, according to Points’ “State of Mobile Wallet Loyalty and Engagement in 2016” study, 94 percent of consumers would use mobile wallets more frequently if they could earn and redeem loyalty rewards.3 Depending on their personal lifestyles and preferences, consumers participate in a variety of loyalty programs offered by coffee shops, supermarkets, drug stores, hotels, airlines, and other retailers. One study suggests that 72 percent of consumers participate in between one and five loyalty programs.4 With multiple memberships, it can be difficult for customers to keep track of the various rewards points, remember to bring membership cards and coupons to the stores, or even recall that they are members of a particular loyalty program.
    [Show full text]
  • Ysgol Hendrefelin Headteacher: Mr
    Ysgol Hendrefelin Headteacher: Mr. L. Lewis Deputy Head Bryncoch Site: Mr. R. Duford Deputy Head Velindre & Theodore Road Site: Mr. N Lloyd Dear Families, Broadband Connectivity at Home During this time of home learning the access to the internet is essential for all pupils. To help families without broadband connectivity at home the Welsh Government launched a scheme to support some pupils to have increased data via their mobile telephone operator and as a school we have been asked to share this information with you. The scheme is in conjunction with the main UK mobile network operators, namely BT, EE, Three, O2, Vodaphone and Smarty. If successful, the data allowance will be increased to allow pupils to access online educational resources until the 31st July 2021. There are specific conditions for each of the operators: BT Mobile/EE Uplifts are available to both pay as you go and monthly contract customers. Families must have been a customer for at least 3 months. Data allowance to be uplift to unlimited data. Three and SMARTY Uplifts are available to both pay as you go and monthly contract customers. Data allowance to be uplift to unlimited data. Vodaphone Uplifts are available to both pay as you go and monthly contract customers. However, pay as you go customers will need to make a minimum £10 monthly contract. Families must have been a customer for at least 3 months. Data allowance to be uplift to unlimited data. O2 Uplifts are available to both pay as you go and monthly contract customers. Families must have been a customer for at least 6 months.
    [Show full text]
  • Shin, W. (2017). Active Mediation of Television, Internet, and Mobile Advertising
    Parental Mediation of Advertising 1 This is the pre-print version of: Shin, W. (2017). Active mediation of television, internet, and mobile advertising. Young Consumers, 18(4), 378-392. ACTIVE MEDIATION OF TELEVISION, INTERNET, AND MOBILE ADVERTISING Abstract Purpose: The purposes of this study are (1) to examine how parents implement discussion-based parental mediation (i.e., active mediation) to influence the way children understand advertising on television, computers, and smartphones, and (2) to investigate factors associated with parental mediation practices. Design/methodology/approach: A survey was conducted with parents in Singapore whose children were watching television, using computers with internet access, and using smartphones. Findings: The degree to which parents engage in active mediation of advertising is similar across different media. Active mediation of advertising is more a function of parents’ attitudes toward advertising directed to children, parents’ concerns about media influence on their children, and parental self-efficacy, rather than the age of their children. Research limitations/implications: The survey was conducted in a single country and did not examine the consequences of parental mediation of advertising. Future research should consider cross-cultural perspectives and investigate the outcomes of parental mediation. Practical implications: For advertising practitioners, this study argues that it is important to understand how parents view different forms of advertising. For media educators and policy makers, this study suggests that various parental factors should be considered to develop effective guidelines for parents. Parental Mediation of Advertising 2 Originality/value: This study adds novel insights to the literature on consumer socialization by investigating how parents – the primary socialization agents in children’s development of consumption-related behaviors – help children understand advertising across different media.
    [Show full text]
  • CMA Request for Referral Three
    HUTCHISON 3G UK INVESTMENTS LIMITED/TELEFONICA EUROPE PLC (the Notified Concentration) REQUEST PURSUANT TO ARTICLE 9(2) OF COUNCIL REGULATION (EU) 139/2004 COMP/M.7612 INTRODUCTION 1. This submission is provided by the United Kingdom’s (UK’s) Competition and Markets Authority (CMA) to the European Commission (the Commission) in support of the CMA’s request made under Article 9(2) of Council Regulation 139/2004 (EUMR) by letter of 2 October 2015, that the Commission refer the whole of the Notified Concentration to the UK so that the CMA can examine the Notified Concentration under the UK merger control provisions in the Enterprise Act 2002.1 TIMING 2. The CMA received a copy of the parties’ Form CO on 14 September 2015. The 15 working day deadline in which to make a request under Article 9 is therefore 5 October 2015. THE UNDERTAKINGS CONCERNED 3. The acquiring company, Hutchison 3G UK Investments Limited (H3G UK) is an indirect wholly owned subsidiary of CK Hutchison Holdings Limited (CKHH) which also owns Hutchison 3G UK Limited (Three), a mobile network operator (MNO) in the UK. Three will become a wholly owned subsidiary of Hutchison 3G UK Investments Limited prior to completion of the Notified Concentration. Three is the most recent MNO entrant on the UK market, and launched its commercial operations on 3 March 2003 with a 2100 MHz 3G 1 The CMA would have jurisdiction under the Enterprise Act 2002 to examine the Notified Concentration were it to be referred back under Article 9 EUMR as the Notified Concentration would constitute a relevant merger situation and the UK turnover of the target exceeds £70 million.
    [Show full text]
  • Mobile Marketing Advertising Guidance (Non-Broadcast)
    Mobile Marketing Advertising Guidance (non-broadcast) Mobile marketing Foreword The Committee of Advertising Practice (CAP) offers guidance on the interpretation of the UK Code of Advertising (the CAP Code) in relation to non-broadcast marketing communications. The Broadcast Committee of Advertising Practice (BCAP) offers guidance on the interpretation of the UK Code of Broadcast Advertising (the BCAP Code) in relation to broadcast marketing communications. Advertising Guidance is intended to guide advertisers, agencies and media owners how to interpret the Codes but is not a substitute for those Codes. Advertising Guidance reflects CAP’s and/or BCAP’s intended effect of the Codes but neither constitutes new rules nor binds the ASA Councils in the event of a complaint about an advertisement that follows it. For pre-publication advice on specific non-broadcast advertisements, consult the CAP Copy Advice team by telephone on 020 7492 2100, by fax on 020 7404 3404 or you can log a written enquiry via our online request form. For advice on specific radio advertisements, consult the Radio Centre, and for TV advertisements, Clearcast. For the full list of Advertising Guidance, please visit our website. Advertising Guidance: non-broadcast 2 Mobile marketing Regular CAP Help Notes offer guidance for non-broadcast marketing communications under the UK Code of Non-broadcast Advertising, Sales Promotions and Direct Marketing (the CAP Code). For advice on the rules for TV or radio commercials, contact the Clearcast www.clearcast.co.uk for TV ads or the RACC www.racc.co.uk for radio ads. These guidelines, drawn up by CAP in consultation with the PhonepayPlus (the regulator of phone-paid services in the UK) and the Mobile Marketing Association (MMA), are intended to help marketers, agencies and media interpret the rules in the UK Code of Non-broadcast Advertising, Sales Promotion and Direct Marketing (the CAP Code).
    [Show full text]
  • 02 1 Corporate Identity 06.Pdf
    our soul telefónica in 2006 02 02·1 Corporate Identity 60 02·2 Business Principles 64 02·3 Corporate Responsibility 68 02·4 Philanthropy 90 02·5 Corporate Governance 96 Telefónica in 2006 02.1 Corporate Identity Telefónica’s Vision delimits and defines the Group’s brand strategy. For this reason, the Group's brand strategy pursues a double objective. On the one hand, to build its institutional profile in order to transfer the value of its brand, Telefónica, as a world leaders in telecommunications. And on the other hand, to configure our offering through our commercial brands (Movistar, O2, Terra) and a wide range of products (duo, trio, imagenio, speedy, superquince, etc.) In order to achieve these two objectives, Telefónica has created a Telefónica's Role system to link and express the portfolio of the group's brands: The Telefónica Master Brand provides the binomial stature: the brand "family system". financial solvency, management capacity, leadership, international projection, credibility, solidity and the know-how of The family system one of the major telecommunication groups in the world. The family system organizes the relationship of the binomial Therefore: made up by the Telefónica brand (Master Brand) and by the • Telefónica is the primary brand for all the Group businesses Group's commercial brands (especially Movistar, O2 and Terra) to create a positive pairing. This system is characterized by: • The values and positioning of the Telefónica brand are the starting point for all Group relationships and communication • The definition of the brand roles. • Telefónica is the only valid speaker from an institutional • The definition of the commercial brand icons or symbols.
    [Show full text]