BLOG

Building Brands That Win in the Market

Even the smartest strategies need the right creative approach to make impact.

Prophet is a place where creative passion and commitment merge with strategic smarts and intellect. Our clients – across industries – are true partners in our joint pursuits to differentiate brands and reach and attract customers in innovative ways. Digital, strategy, design, verbal, insights, analytics all work together to develop brands that win in the market.

Learn More About the Work Featured in Prophet’s Design Reel

Poly: Creating a Marketing Campaign to Celebrate a Historic Day

Prophet created the 50th-anniversary marketing campaign to celebrate Poly and Plantronics’ role in the 1969 Moon Landing. The team ultimately won two Transform Awards for its out-of-this-world work. Read more.

L’Escape: Creating a Parisian Escape in the Heart of Seoul

Prophet reimagined Shinsegae Chosun Hotel Group’s brand strategy to successfully revamp its luxury hotel, L’Escape. Praised for its creative differentiation and sophisticated attention to detail, Prophet’s design work earned two gold Transform Awards. Later on, L’Escape was awarded an iF design award for its website design – based on Prophet’s brand concepts and designs. Read more.

Keurig Green Mountain: Energizing an Iconic Brand Portfolio

Keurig Green Mountain needed a partner to successfully merge its newly merged businesses and accelerate growth. Prophet supported its large-scale transformation – setting the strategic foundation for its marketing organization and clarifying its brand architecture. Read more.

Fora: From Co-Working to Pro-Working

Prophet helped Brockton Capital fill a unique gap in the market for a new type of co-working space – developing a unique and elevated brand experience for sophisticated professionals. FORA became the fastest-growing player in the co-working space, expanding its locations in London and beyond. Read more.

The Wharton Center at MSU: Defining Brand Purpose for a Performing Arts Center

Prophet revitalized Michigan State University’s performing arts center by developing a brand purpose that resonated with the community. The new brand expresses the boldness, courage and diversity of the 300,000 young people that use the space each year. This work received a gold award for key art and a bronze award for print collateral at the 2019 International Design Awards. Read more.

“Our clients – across industries – are true partners in our joint pursuits to differentiate brands and reach and attract customers in innovative ways.”

Nam Nghi: Defining the Brand Story & Experience for a Vietnamese Luxury Resort

Prophet developed a compelling visual identity and signature customer experience that differentiated the brand, attracted new customers and sparked interest across the luxury tourism industry. Read more.

USWNT OOSA: Creating a Brand that Pushes for Progress On and Off the Field

Prophet partnered with U.S. Women’s National Team players to create a brand and digital experience that captured the essence of the team—both as world-class athletes and as passionate activists. The pro-bono work won two Transform Awards for creative development and audio branding. Read more.

Formula-E: Reframing a Racing Championship for an Electrifying Future

Formula E was having a hard time finding its place in the racing world and beyond, so they partnered with Prophet to reframe the series, create a relevant position, and craft a visual identity. This work was recognized with two Transform Europe awards, two Transform APAC awards and was acknowledged within the Creative Review Annual as one of the best brand identities. Read more.

Colmo: Designing a Simply Extraordinary Brand of Smart Home Appliances

We developed a brand positioning, verbal identity and visual identity for a new premium home appliance brand COLMO. The big idea captured the philosophy of highly crafted products that are effortlessly simple in delivering an extraordinary user experience. Read more.

Regal: Evolving an Entertainment Icon

We revamped Regal Cinema’s brand identity and digital experience to reflect a modern, ever-evolving theater experience. Our teams also helped strategically think through how the new brand could be activated across touchpoints from the theater façade to concessions and the digital experience. Read more.

Do you need a strategy and design partner to push your brand forward into its next evolution? Reach out today.


BLOG

A ‘Human-First’ Approach Is Essential for Employee Communications and Engagement

Reimagining what it means to come to work requires an entirely new way of understanding people.

When COVID struck over a year ago, many organizations were already gearing up for a new future of work – they just thought they might get there through evolution, not necessarily by “forced” revolution. The pandemic triggered experimentation – as organizations found themselves leaning into ways to reassure, support and connect with their employees that they had not attempted before, learning “on the go” and demanding new efforts from leaders too as they played their part.

Now as we try and take the best from the COVID experience, many of those leading strategy developments for employee communications and engagement are reshaping their approaches. Yes, we are still not free from the pandemic, but there’s been a firm shift from reacting and maintaining to reimagining. In the midst of this, and as we yearn for interpersonal contact, one theme keeps bubbling to the top: that the human touch – virtually applied for many months – needs to be brought front and center as we go forward.

“Technologies will play an even more important role in personalizing communications and curating fit-for-purpose interactive experiences.”

Of course, for employee engagement exciting new technologies will play their part – they are already for many organizations. But even those declaring a “digital-first” future are realizing success remains “human-first” on that journey. In fact, technologies will play an even more important role in personalizing communications and curating fit-for-purpose interactive experiences.

Driving this are some clear employee expectations and needs around the content as well as the engagement experience. Employees expect employers to provide:

  • Increased transparency and accessibility – something that many organizations did more of in the face of COVID-19.
  • More flexibility and support – as the line between work and non-work lives continues to blur.
  • Commitment to shaping a better world – employees want to be confident that their employer is not just dealing with “the business,” but rather continuing to do what matters in the world – focusing on impact beyond outcomes.
  • Foresight around what lies ahead – employees want more insight and direction on the “future of work.” It’s not easy to look ahead but even without all the answers, employees want to understand the options which are under consideration and what they might mean for them.

How Should Employee Communication and Engagement Strategies Be Developed?

Already we have called out “humanity” – and this is at the center of Prophet’s Human-Centered Transformation Model.

Using this model, we can see some areas of focus for business leaders when it comes to employee engagement and the need to interconnect these areas to take a truly holistic approach to the organizational ecosystem.

How To Use Prophet’s Human-Centered Transformation Model To Enhance Employee Engagement

  • DNA: Take care of the ‘whole’ person. Be aware of what people are going through – at work and at home – and find ways to engage beyond work topics. Design a holistic approach that truly enables employees to bring their best selves to work.
  • SOUL: Become the heartbeat of the organization. Inspire dialogue, demonstrate empathy and provide the channels and mechanisms to create a compelling rhythm of engagement as well as constant feedback loops. Build connections and create links between individual action and collective impact.
  • MIND: Get the organization fit for ongoing change. Guide the learning agenda, setting expectations and allowing for agility and curiosity. Lay the groundwork for continuous re-skilling and up-skilling, open sharing and rapid learning.
  • BODY: Be where your people are. Keep up with the latest needs, expectations and digital tools being used. Tailor what, how and when you communicate and engage to increase relevance and make it stick.

FINAL THOUGHTS

The future of work is here – and “human-first” leads the way. If you have not started, this is the critical time to reset your employee engagement strategy as we slowly emerge into the next phase of the pandemic. Leaders need to be aligned, capable and equipped – as they are the ones that set and deliver on the expectations for the majority – and there is no escaping this core dynamic.

If you would like to learn more about how we approach employee communication and engagement as part of a holistic cultural system get in contact today.

BLOG

How Five European Brands are Winning Over U.S. Consumers

IKEA, LEGO, Dyson, Spotify and BMW keep finding new ways to gain relevance.

The Prophet Brand Relevance Index® ranks hundreds of brands on the characteristics that U.S consumers find most meaningful. And while many of the usual suspects rise to the top, a year of pandemic and political upheaval has caused dramatic shifts. People are embracing and rejecting brands in entirely different ways.

This is the sixth iteration of our ground-breaking research, based on the same core principles of relentless relevance. We measure whether a brand is customer-obsessed, ruthlessly pragmatic, pervasively innovative and distinctively inspired.

Five European brands have risen fast in the relevance stakes, offering lessons that transcend industry and category and apply to any brand trying to compete in the U.S.

LEGO: Providing creative escapes for all generations

Danish brand LEGO has shot up 23 spots into 5th place this year. And while competitive toy brands like Mattel, Fisher-Price and American Girl also saw their relevance scores increase as parents adapted to their unexpected role as home-schoolers,  yet LEGO was the brand with the highest marks for innovation. Consumers love that it “engages with [with them] in new and creative ways” and perceive that it has better products, services and experiences than competitors.

Much of LEGO’s purpose is built around its commitment to helping children flex their inner architect. However, it also understands that adults hunger for creative play too, launching such products as LEGO Botanical Collection, which allows grown-ups to build flower bouquets and bonsai trees from its bioplastic components.

Spotify: Hitting those personal sweet spots

Pandemic living is zapping some of the music streaming category’s relevance, with fewer people commuting to work. Yet Swedish music maestro Spotify (#12) sits at the top of all media and entertainment companies, outperforming Pixar and Netflix. It wows in the attributes that drive customer obsession, ranking fourth among all brands in both “connects with me emotionally” and “makes me happy.”

One way it does that is by offering intuitive, adaptive and highly personalized products. It then communicates those advantages with dialed-up marketing. To introduce Spotify Premium Duo, adorable puppets dramatized couples’ challenges in sharing music accounts. And as people scrambled to find productive ways to fill the downtime created by stay-at-home orders, it introduced a digital campaign called “Music, Meet Podcasts.”

Spotify’s real relevance comes from understanding its users’ deeper yearnings. “Listening is Everything,” for example, is a brand platform that continuously reminds people of everything they love about music, doped with personalization and inventive social-media interactions. A sharp marketing effort that truly reaches users’ emotional sweet spots.

Dyson: Limitless capabilities for the ‘Apple of Appliances’

Very few companies can inspire the same sort of brand loyalty and consumer confidence as British brand Dyson.  Jumping up to #30 in this year’s ranking, up from #51, its commitment to continuous innovation sees it disrupting markets and outpacing the competition. The brand reimagines mundane domestic appliances – such as vacuum cleaners, air purifiers and hair dryers – to spectacularly enhance their utility. And with more people spending time at home over the past year, appliance-buying has been on the rise.

Respondents rated Dyson highly for being modern and in touch, engineering technology to actively destroy harmful gases in the air and to dry our hands in rapid time – just in time for the world’s obsession with hand hygiene.

But good products alone are not enough to win consumer favor today. Nor is it about innovation for novelty’s sake. Consumers want products and services that align with their personal values and genuinely benefit the greater good too. As a brand built on ‘lean engineering,’ Dyson is devoted to making things more efficient while using less resources – putting sustainability is at the center of its business.  Whether they are better for the planet, for people – or both – purchasing a pricey but environmentally responsible Dyson product makes consumers feel good about their buying decisions.

IKEA: Offering initiatives that support a shared sense of purpose

With hundreds of millions of people staying safer-at-home, the living room couch became the center of the universe. So did the need to quickly turn laundry rooms into office nooks, kitchen tables into classrooms and bedrooms into a place to hide from the rest of the family. This was IKEA’s moment in the sun. It sailed into the #42 spot, up from #93, easily passing such companies as the Home Depot, Lowe’s and Wayfair.

For all its practicality and commitment to affordable, functional furniture, its strong suit in the U.S is an inspiration. And it earns its highest scores for “having a set of beliefs and values that align with my own.” IKEA has baked purpose into everything it does since the furniture maker was founded in Sweden in 1943. Initiatives such as #buybackFriday, where the company bought back unwanted IKEA items for Black Friday, demonstrates how the brand’s North Star goes well beyond kitchen cabinets. IKEA extends its trademark warmth to everyone: One advertising effort, “Be someone’s home,” encourages people to accept all sexual orientations and gender identities.

BMW: Linking heritage to innovation

Fastest-rising brand in the automotive category? Look no further than Germany’s very own BMW. Accelerating 45 places to #67 in the BRI, its growing relevance in the U.S. could answer why BMW beat Lexus and Mercedes-Benz as the best-selling luxury car brand in the country in 2020.

With more time to think about cars and road trips, BMW stands out from other brands by aggressively showcasing what it has always stood for: Well-designed vehicles that push the boundaries of what’s expected.

Autophiles are already drooling over the BMW iX, the electric sport utility vehicle that will compete with Tesla, due in the U.S. next year. And it’s making waves with its Remote Software Upgrades. No wonder people give it such high marks for “always finding new ways to meet my needs.”

At the massive U.S. Consumer Electronics Show, BMW released a short film that both mocks and brags about its innovative history, including a car fight between a 20-year-old “Grampa” model with a smart-mouthed all-electric “Whippersnapper.” An artful blend of safety and familiarity in its marketing strategy that builds trust with U.S. consumers while emphasizing design and innovation signals its commitment to continually improving.

“Consumers want products and services that align with their personal values and genuinely benefit the greater good too.”


FINAL THOUGHTS

Of course, we know that the brands that rank highest in the BRI aren’t doing one thing. Those leading relevant brands are pursuing multiple paths.

Here are four key areas on which to focus in order to connect better with customers:

Lead with purpose.

A compelling purpose is a roadmap for change and should drive everything a brand does.

Adopting a mindset of customer obsession.

Focusing on increasing customer understanding so they can invest in delivering products and services that truly meet an important need in their customers’ eyes.

Improving the customer experience.

Making bold steps to delight and drive loyalty. Driving more holistic, targeted and personalized omnichannel marketing efforts.

Innovation is critical.

Without innovation, organizations will not be able to grow and thrive. Many are moving at two speed, introducing products and services to address immediate needs, as well as driving a forward-thinking innovation strategy that paves the way for future business growth and success.

Want to learn more about the most relevant brands? Download the Prophet Brand Relevance Index® today. If you need help building and maintaining your brand relevance, then our expert team can help. Get in touch.

VIDEO

Prophet’s Human-Centered Transformation Model

This short video explains how we developed our new roadmap for organizational change.

2 min

Summary

Organizational change is a crucial component of any digital transformation effort. Prophet’s organizational transformation model is designed to help businesses undergoing digital transformation align on a customer-centric roadmap.


REPORT

Virtual Care: From Rarity to Reality

In their quick pivots to telehealth, leaders learned plenty about patient experiences and the care continuum.

How 12 Industry Leaders Are Shaping the Virtual Care Revolution

The role virtual care plays in the healthcare ecosystem has rapidly accelerated since the onset of COVID-19. In fact, according to research by Doximity, as many as 20 percent of medical visits in 2020 occurred via telemedicine. And it’s clear the trend is only gaining momentum.

To assess how the healthcare universe is responding, Prophet spoke to 12 leaders across the ecosystem to understand how this shift is transforming the patient experience and the broader healthcare care continuum.

Read this report to gain deeper insights on:

  • Four virtual care sub-categories and the ways they continue to blur virtual wellbeing, connected health, virtual health and virtual medicine
  • The changing dimensions of audience and interactions
  • Insights from 12 industry leaders on what organizations are – and aren’t – getting right
  • Three path companies can take to connect virtual care to better serve patients and customers and to achieve exceptional growth

For full insights, download the full report below.

Download Virtual Care: From Rarity to Reality

*Fill in all required fields

Submission Received!

You’ll receive an email shortly to confirm your subscription. You’re just one click away from receiving all of the great research, insights and thinking from the great minds at Prophet.

BLOG

Customer Relevance: 5 Ways That B2B Brands Differ From B2C Brands

B2B brands may make it easy for customers to buy, but they disappoint on consistency and emotional connection.

To be the relevant choice, the go-to brand for customers has been shown to drive profitable growth and to help insulate businesses from unexpected shocks such as COVID-19. The sixth annual Prophet Brand Relevance Index®, which studied 228 brands among 13,000 consumers, reveals how brands that rely heavily on serving B2B customers build relevance differently than brands that focus only on B2C customers.

As part of the study, we compared 57 brands with significant B2B businesses such as Amazon, General Electric, FedEx and IBM with 171 pure B2C brands such as Lego, Peloton, Netflix and Etsy. Both cohorts of brands with significant B2B business and the pure B2C brands increased relevance to their customers over the course of 2020.  The B2C group had a greater range of high and poor performers with brands such as Peloton, Kitchen Aid and Lego in the top five and Popeye’s, Burger King and Facebook in the bottom three. Technology brands were the best performing in both the B2C and B2B cohorts. Apple led the pack followed closely by Amazon ranked tenth overall.

“The sixth annual Prophet Brand Relevance Index®, which studied 228 brands among 13,000 consumers, reveals how brands that rely heavily on serving B2B customers build relevance differently.”

When we analyzed the drivers of customer centricity and pragmatism, key differences appeared.

When compared to B2C focused brands, B2B reliant brands…

1. Meet Important Needs

On average B2B reliant brands outperform B2C-focused brands on meeting their customers’ important needs by a remarkable 28 percent.  3M for example, is rated 64 percent higher than the average B2B brand on meeting important needs and being a brand the customer cannot live without. That said, it is one of the worst-performing brands in the survey on making the customer happy by connecting with emotion.

2. Make It Easy

B2B reliant brands are 25 percent more likely to make it easier for their customers than B2C-focused brands. Microsoft, for example, performs a bit above the average of B2C brands on consistent performance and being dependable, but excels at making the consumers’ lives easier.

3. Don’t Deliver Consistently

B2B reliant companies are 17 percent less likely to perform as well as B2C companies on “consistent delivery.” GE is a typical example. It ranks in the top one hundred brands with very high customer scores on most dimensions of pragmatism, such as makes it easier and is dependable but ranks only average on consistent delivery.

4.&5.  Fail to Connect Emotionally and Don’t Make the Customer Happy

This doesn’t appear to be a surprise as emotion is important for B2C brands but not to the same extent as B2B brands. What is surprising is the size of the difference; a 47 percent difference for happiness between B2B reliant and B2C focused brands. Adobe demonstrates the challenge.  It outperforms other technology-oriented B2B companies such as HP and IBM on being a brand customers can’t live without but is rated 75 percent lower on makes the customer happy and connects with emotion.


FINAL THOUGHTS

The key takeaway for B2B reliant brands is to break out of the trap of trading off performance with emotion. Great brands, such as Apple deliver to both B2C and B2B customers, don’t make this tradeoff; so why should Adobe settle for it? The other key takeaway is to focus on technology. The most technologically advanced B2B brands we examined by industry outperformed their peers on meeting important customer needs and making it easy for the customer.

Learn more about brands in your industry

This post provides just a snapshot of the 228 brands evaluated in the 2021 Prophet Brand Relevance Index®. For more insights on this year’s top-performing brands, visit this website.

BLOG

Three Ways to Win With The New Digital Care Continuum

The right platforms can fix breakdowns between care settings.

Ten years ago, it was all about the patient experience. More recently, it was all about healthcare consumerism and now, the focus is shifting towards enablement – the healthcare platforms. For years, healthcare companies have been talking about the full continuum of care but nobody wanted to own it. Even when you look at the so-called Integrated Delivery Networks (IDNs), they weren’t truly “integrated,” meaning their urgent care clinics, surgery centers and home care were all run as different business units by different leaders (often with different incentives).

Back in 2016, Prophet and GE Healthcare’s Patient Experience study found that because nobody owned the full care continuum, patient experiences often broke down in between care settings. At the time, we saw the opportunity for digital solutions to bridge those gaps. Now, enter the modern healthcare platforms and the digital care continuum.

“The biggest disconnect between how patients experience healthcare and how executives rate their performance was around non-clinical aspects.”

With two decades of extensive M&A activity within health systems and little improvement in the patient experiences, healthcare platforms are rapidly scaling to become not only the digital care continuum for patients but THE care continuum.  By now, we all know Teladoc Health and Livongo, as well as Carbon Health and One Medical. And let’s not forget the original healthcare platform, Kaiser Permanente. Love ‘em or hate ‘em, they are approaching $100 billion in revenue. They were half of that a few years ago, and they have the leading market share in most of their markets. While not digitally native, they are more of a true platform business than virtually all of their peers of the same age.

You might be asking, what is a platform? A platform business facilitates value exchanges between two or more interdependent groups, usually consumers and suppliers. The next question becomes, how can I prepare my business for the future of healthcare platforms and digital care?

Here are a few things to consider when building your digital care continuum:

Stop Running Your Business as Self-Contained Units

Enterprises with standalone businesses and distinct P&Ls are great for managing costs, but terrible at delivering integrated care experience. This is not to say you can’t do discrete budgeting and hold people accountable for fiscal performance. But combine that with organizing and incentivizing them to create products and services that integrate into a platform that supports a patient (or any type of customer) continuum. “Warm handoffs” is a commonly used approach with today’s healthcare systems, but it’s no longer enough. It now has to be an integrated handoff. And you don’t have to be digital, Kaiser Permanente has always taken this approach.

Don’t Think About the Healthcare Experience as Care Points

Healthcare execs often say that success resides in delivering the right care, at the time, and at the right place. As patients self-navigate the U.S. healthcare system, the healthcare experience feels more like jumping from one experience to the next. As we learned in our patient experience study, the biggest disconnect between how patients experience healthcare and how executives rate their performance was around non-clinical aspects. University Health has already called out creating a seamless patient experience as a strategic priority with the digital care continuum as a critical enabler, and they intend to, offer programs and digital tools that allow patients to connect with their care team to manage episodic care or chronic diseases. Their orthopedic and pediatric cardiology specialties have utilized these tools for facilitating disease management and patient engagement. The next step for enterprises is to go beyond their specialty practices having a self-contained digital care continuum. Organizations need to view patients as people who often have multiple conditions and use health systems for a variety of care needs.

Start With the Holistic Patient Experience

It’s surprising how many large healthcare companies still don’t view patients as people. Patients with osteoporosis, heart disease and depression, are still seen as independent patients of rheumatology, cardiology, and psychiatry departments. The system is aware of the different conditions, but the experience -from treatment to bill payment to diagnostics- will differ. For pharma companies, that means three independent business units with separate brands providing drug treatments. Patients are seen as three unique conditions, not as a single, person.

Making this shift doesn’t happen overnight.  Prisma Health took its first step toward delivering a holistic patient experience by enlisting the help of PerfectService, a unified platform for clinical communication and collaboration that helps physicians, nurses and care team members improve patient care. You can’t deliver an integrated patient experience if your clinical teams can’t seamlessly collaborate on a single platform. Things like EHR systems have primarily been designed to store medical records and file claims, not optimize care coordination. Restructuring your technology footprint can go a long way to address this gap. And if you’re a digitally native healthcare provider, you’re likely already a step ahead.


FINAL THOUGHTS

The reality is that todays’ care continuum is still largely conceptual. ACOs are designed to own the full care continuum but they are a small fraction of the U.S. healthcare spend. Look at your own company’s claims data. For commercial plans, you’ll be fortunate if 25 percent of the claims are tied to a value-based care model, and don’t be surprised if it’s under 5 percent. We’re still very much living in a fee-for-service world. And while payers have visibility across the care continuum, they don’t often have full control. Providers typically focus on just one area; primary care, specialty service lines, post-acute care, etc. which is why understanding the emerging modern healthcare platforms is so critical. Whether it is the rapid expansion of digital natives like Teladoc Health, legacy players going through a transformation like Prisma Health, or the steady growth of Kaiser Permanente, it’s coming faster you think.

For more help in getting your healthcare organization ready for the new world of healthcare platforms, and winning with the new digital care continuums, connect with our healthcare team.

BLOG

Celebrating DEI at Prophet

How community building is helping all our colleagues learn more–and enjoy the ride.

Prophet entered 2021 with a firm commitment to diversity and inclusion. This included growing our beloved employee resource groups, or Prophet “ERGs” for short. Making up the fabric of our culture, these groups are dedicated to education and community-building – ultimately fostering a workplace where colleagues across identity groups feel valued, heard, seen and supported. They also demonstrate what it’s like to “Enjoy the Ride” at Prophet, where everyone is encouraged to bring their whole selves to the table.

Over the past couple of months, thanks to our Black@Prophet and Women in Leadership ERGS, Propheteers across the globe got to participate in (virtual) programming to honor and celebrate Black History Month, International Women’s Day and Women’s History Month.

Celebrating Black History with Prophet’s New ERG – Black@Prophet

Black@Prophet was welcomed to Prophet’s ERG community in February and kicked off their activities with a variety of Black History Month content. Given the diverse backgrounds of the group, they felt it was important to shine a light on Black history and culture from a global perspective. Black Propheteers shared how Black history has shaped our world and dove deeper into topics like the creation and evolution of historically Black colleges and universities, supporting black-owned businesses and the untold history of some important Black heroes.

Prophet’s Music League also dedicated February to spotlight Black music artists. Propheteers submitted their favorite songs for categories such as “All The Singing Ladies” and “Black Voices Around the World.” Each Friday, Propheteers started their days jamming out to songs new and old – contributed by their colleagues. Since Black History Month, Black@Prophethas been planning “Listening Sessions,” which will be dedicated time for the community to knowledge share, develop programming and resources for Black employees and their allies. Also, already in the works? A celebration of Juneteenth.

All month long, Propheteers used special Zoom backgrounds highlighting important Black leaders – including Kizzmekia Corbett, Lebron James, Stacey Abrams, John Legend and Matthew Cherry.

WiL: Choosing to Challenge with Prophet’s Women in Leadership Team

In recognition of International Women’s Day, Propheteers participated in the #ChoosetoChallenge campaign and also spotlighted incredible women who are continuing to challenge the status quo across the globe. As part of the celebration, the Women in Leadership team partnered with the Black@Prophet and Pride at Prophet resource groups to write internal blog posts that highlighted the important intersectionality between these communities.

To spotlight changemakers across the globe, the Women in Leadership team collaborated with our Direct-to-Consumer vertical to highlight women-led brands that are dominating their industries while creating change along the way. The blog series also covered topics like allyship, perceptions of the glass ceiling and young female activists.

Over the coming months, Women in Leadership will continue to empower and promote women across the organization through Prophet’s internal mentorship programs, group discussions and by supporting other employee resource groups’ programming.

All month long, Propheteers enjoyed another set of specially-designed Zoom backgrounds highlighting important women leaders – including Greta Thunberg, Ozlem Tureci, Angela Merkel, Naomi Osaka, Amanda Gorman, Kamala Harris and Rachel Levine.


FINAL THOUGHTS

We look forward to welcoming more ERG’s into our community and celebrating the diverse backgrounds and experiences of our Propheteers. There will be more to come in the months ahead!

For more information on Prophet’s DEI journey, you can read our latest update here. Please reach out if you would like to get in touch to learn more. Connect.

WEBCAST

Webinar Replay: The 2021 Prophet Brand Relevance Index®

In our sixth iteration of relevance research, we take a closer look at the pandemic’s impact on brands

55 min

Watch the webinar recording to hear key insights about the top-ranked brands in the Prophet 2021 Brand Relevance Index®.

In this year’s Index, Prophet turned to consumers to find out which brands matter most in their lives today. We surveyed more than 13,000 U.S. consumers to determine which 228 unique brands they simply cannot live without. Visit the BRI site to learn which brands consumers considered the most relevant to their lives.

To speak to someone on our team about how to make your brand more relentlessly relevant, contact us today.

BLOG

How Prepared Are You For Digital Selling?

Our research shows companies are moving toward digital selling techniques faster than they’d planned.

Sales teams have had a tough year. The forced push into selling virtually through tools like social media and video conferencing have disrupted both sellers’ sales funnels and their customers’ journey.  We’ve developed a tool to help you quickly assess your organization’s digital selling readiness for the key capabilities used by top performing sales organizations discovered in our 2020 State of Digital Selling research report. You don’t have to be in sales to find this useful: marketers will play a key supporting role in the digital transformation of the sales organizations they support.

Sales have watched for years (largely on the sidelines) as the influence of B2C e-commerce changed the expectations of B2B buyers, who now increasingly favor seamless digital experiences that make their lives easier. Many sales teams polished their LinkedIn profiles to engage prospects in the digital landscape only to realize that without great content and integration with backend CRM and SFA systems, those profiles are hollow attempts at transformation. Post-COVID, don’t expect selling practices to go back to “normal,” because there’s no undoing the changes in buyer and seller behavior the global pandemic has caused.

“Post-COVID, don’t expect selling practices to go back to “normal,” because there’s no undoing the changes in buyer and seller behavior the global pandemic has caused.”

Our 2020 State of Digital Selling global research report found that 73% of surveyed sales organizations will transition to digital selling techniques faster than planned. And McKinsey’s research found “Looking forward, B2B companies see digital interactions as two to three times more important to their customers than traditional sales interactions.” The question our research sought to answer is which capabilities are needed (and most important) to digitally transform sales.

What is Digital Selling?

Like any technology disruption, defining it in the early phases of adoption can be tricky. It’s sure to evolve as seller and buyer behavior continues to change.  Here’s a starting point:

Digital Selling is the use of technology-focused commerce practices to meet the needs of digitally savvy buyers and by sellers to seamlessly integrate the sales funnel across marketing, sales and service.

Just as marketing has transformed into a technology and analytics-lead discipline, the digital transformation of sales is underway to position sales as an equal digital partner.

Don’t think of digital selling as entirely end-to-end virtual or digital experiences, but rather a practice that finds the right balance of the complementary offline and online forces. Our research found that top-performing sales organizations combine the human touch needed to influence and sell with digital enablement tools and analytics that give them a significant edge in key sales metrics, including win rates, quota achievement and customer satisfaction. In fact, the best sales team practices were based on the digitization of the Key Accounts sales model, in which a cross-function team of marketers, sellers and service pros focus on key account wins (see chart below).


FINAL THOUGHTS

Which digital practices make a difference?

In our research, we chose to study the digital transformation of sales from the perspective of the capabilities a sales organization needs to succeed. 

The report breaks down each of these capabilities further into sub-capabilities that again show the gap between top performers against the industry average.

BLOG

How Asian Electric Vehicle Brands Can Win in the U.S.

To win with today’s sustainability-focused audience, emotion, innovation and technology all matter.

While the U.S. has long lagged the rest of the world in accepting electric vehicles (E.V.), Prophet’s new research shows that this may finally be changing. It also demonstrates that Asian brands already have clear advantages in the automotive category. But to keep winning, another trend is equally apparent: To be considered indispensable to American consumers, auto companies need to reposition themselves more as tech brands.

“Auto companies need to reposition themselves more as tech brands.”

Findings in the 2021 Prophet Brand Relevance Index® (BRI) underscore just how pivotal a moment we are at. It has taken years, but external changes, including government mandates on carbon emission, manufacturers’ promises to move towards all-electric fleets and the increasing acceptance of strong players such as Tesla, Canoo and NIO, have led the auto industry to an inflection point. US consumers are finally changing their expectations towards automobiles. And here is why.

Source: 2021 Prophet Brand Relevance Index®

Reliability Wins the Race

For the first time in the BRI’s six-year history, Honda has leaped into the Top 10. Consumers give it ultra-high scores for dependability and “Lives up to its promises.” Toyota, which is beloved for popularizing hybrid cars, also ranks No. 14, because it excels in these attributes too.

Switching Gear to High Tech

However, the BRI delves beyond practical product factors and gauges how innovative, inspirational and engaging brands are perceived to be by consumers. While heritage brands like Honda and Toyota are highly relevant today, they fall short of other technology brands on these dimensions.

This offers more profound lessons for auto companies. Auto companies have long been injecting more tech into their vehicles and their marketing, but they still act like car companies.

Tech companies have a different way of showing up in the world.

With rapid innovation and deep connections to consumers, they have become pillars of relentless relevance. They earn admiration and respect in ways no other brands today.

Apple is again the No. 1 brand in Prophet’s ranking, as it has been in every single BRI study conducted in the U.S. People love how it makes daily life easier and say it is a top brand they can’t imagine living without. Spotify (No. 12) is another company that has made itself indispensable, artfully weaving itself into people’s routines. The same goes for Netflix (No. 18), recognized for pushing the status quo and helping many through the pandemic. All these technology leaders are building powerful emotional connections with their customers.

And as these tech brands race into the automotive category, traditional automakers are highly vulnerable. Chinese tech giant Baidu saw its stock climb after it announced it was working with automaker Geely (who acquired Volvo) to launch a new E.V. venture. And while less is known about Apple’s plans, it reportedly intends to launch its E.V. in 2024.

Beyond Apple, there are other disruptors emerging in the U.S. include Rivian, a joint venture between Amazon and Ford Motor Co., that has just gone through a massive public offering. And investors are already trading shares of Canoo, an intriguing model that pairs its new E.V.s with a subscription model.

See the Case Study: How Prophet Helped Canoo Jump-start its Electric Vehicle Brand

If traditional auto brands want to hold their own against these emerging tech-auto brands, they’ll need to step up their offerings around innovation and intelligent technology to build stronger emotional ties.

Some are. For instance, Hyundai (No. 28) scores an impressive 90% on both “connects with me emotionally” and “engages with me in new and creative ways.” Despite scoring higher overall, both Honda and Toyota are weaker in those dimensions.

Hyundai is gaining that relevance edge by finding high-impact ways to connect to young car buyers. Its recent launch of the IONIQ brand (E.V./ hybrid model) collaborated with BTS, its global ambassador, to release a new song, gaining 26 million views on Youtube to date. Before that, Hyundai’s beautiful Earth Day campaign video featuring BTS was watched over 105 million times. Such moves undoubtedly build an unparalleled emotional connection with Gen Z consumers.

Next Steps to Build Relevance

E.V.s and AI technology are inevitable, igniting consumer curiosity and consideration in the lucrative U.S. market. Asian auto brands, already well known for dependability and trustworthiness, can’t afford to let this opportunity pass.

Honda is said to have developed industry-leading “level 3” autonomous driving technology that is set to be launched in March. This will be an excellent opportunity for the renowned automaker to evolve its brand positioning to be more aspiring and technology-driven.


FINAL THOUGHTS

We believe an important route to success for Asian auto brands is to learn to think and behave like tech companies. In order to ignite fresh energy in the brand, they must…

  • Lead from the heart, finding new ways to create emotional connections with consumers and deploying marketing strategies that emphasize optimism and aspirations.
  • Leverage the power of global partnerships, both with Asian and Western brands. This is the fastest way to expand a company’s skillset and an important avenue to new customers.
  • Highlight innovations. With so many companies producing new and unexpected approaches to E.V.s, brands must work harder to spotlight their new technology.

Want to learn how your brand can succeed in the U.S. market? Talk to us.

BLOG

Turn Your Employee Experience Into Your Competitive Advantage

Start by fostering flexibility, connection and wellbeing–at every level in the organization.

COVID-19 forced every organization on the planet to prioritise employee experience (EX), whether they had ever considered it before or not. Empathetic leadership, flexible working conditions and emotional support all came into play, immediately and universally. The task of keeping employees safe, well and working, rocketed to the top of every employer’s agenda.

Progressive organizations lost a significant amount of their EX advantage overnight. In 2019, Glassdoor cited Worldpay, Telefonica and Thomson Reuters amongst others, as ‘amazingly flexible.’ Most of the accolades relate to working from home or flexible hours, neither of which would differentiate their EX today.

Whilst attrition rates are very low at the moment when the labour market stabilizes, EX will have a significant impact on talent retention and attraction. Those organizations that are proactive will be able to capitalize on the situation.

There is no silver bullet but at Prophet, we see a new employee experience equation emerging that can help organizations focus their efforts and regain their advantage going forward.

Flexibility is Here to Stay

The flexibility that COVID-19 has forced is irreversible. The pandemic segmented workforces according to parameters we hadn’t seriously considered. From ‘total isolationists’ to ‘contact cravers’ and everywhere in between, the enduring legacy will be flexibility and choice in how and where we work.

We can’t put the toothpaste back in the tube – for many employees, it is now possible to work successfully from anywhere and shape whatever mix suits their preference. To compete for the best talent, you need to build flexibility into your operating model permanently and adapt your culture to support hybrid ways of working. From enabling sales teams to meet and sign contracts virtually to setting up a design club that creates forums to get peer feedback on work – the challenges and changes that flexibility drives are endless.

“To compete for the best talent, you need to build flexibility into your operating model permanently and adapt your culture to support hybrid ways of working.”

The good news is that flexibility increases your talent pool as recruits aren’t tied to geographical locations. However, the same is true for your talent competitors, increasing the importance of focusing on the employee experience you provide – ensuring that candidates contemplating joining your organization understand that well-being is a business and cultural priority.

Early movers in this space are Twitter and Spotify. Twitter enabled its employees to work from home ‘forever’ and Spotify is adopting a “Work from Anywhere” model, which will allow employees to choose to be in the office full time, be at home or a combination of the two. A word of caution when rolling out a hybrid model, businesses will be at risk of a two-tier workforce, with some colleagues having full flexibility while there will be certain roles that must remain ‘on-site’ – something that could lead to perceived inequalities.

Connection is Your Secret Sauce

Having lost our watercooler moments of social and work-related micro-interactions, the organizations that discover natural and sticky ways to create connections and build internal relationships will emerge stronger.

In the same vein as signature moments for CX, touchpoints for employee experience that connect your people to each other and to your purpose will serve to strengthen your culture, support motivation and keep productivity at a healthy level. Creating collaboration moments and finding new ways to have fun (beyond the Zoom quiz) will help organizations embrace agile working and break down silos. Taking a human-centered and strategic approach to ‘people technology’ is necessary to properly adapt the many tactical apps and solutions that came out of the pandemic.

Connection is not only important at a peer-to-peer level. Increased access to leadership has helped reduce hierarchical barriers. HP created a series of “Connect with Enrique,” talks with CEO Enrique Lores, which enabled connection with 85 percent of staff members in just a few months. “We have learned different ways to communicate to employees and collaborate,” says Tracy Keogh, Chief Human Resources Officer at HP. “I think those have been really positive.”

Wellbeing is Key to Employee Engagement

COVID-19 catapulted emotional and mental wellbeing to the same level of employer responsibility and duty of care as physical health and safety. The legal requirements haven’t caught up yet, but they will. Sustaining this level of care without reducing capacity in the workforce will be a critical balance for businesses to achieve. Flexibility and connection are as central to business growth as is a renewed focus on Diversity, Equity and Inclusion.

It will be critical to ensure fairness and equity for all employees to influence and improve the general measure of wellbeing. It’s not difficult to conceive that wellbeing will emerge as a key driver of employee engagement, becoming a leading indicator of growth, CX, revenue and profitability. Unilever, for instance, found that they get a $2.50 return for every $1.00 invested in employee wellbeing.


FINAL THOUGHTS

The EX equation will not be solved in one move. This is a continuous journey and the trick is to run at two speeds – taking a proactive, long-term approach to EX whilst starting now with some symbolic, signature moves to signal your intent to your workforce. To cover both the near and far horizons, we recommend three simple things to get started:

  1. Get OD professionals, IT, creatives and service designers together to reimagine connectivity and create meaningful and sustainable connection moments.
  2. Prepare leadership for their role in the ‘new normal,’ agreeing that as EX continues to evolve, there will be more adjustments to the operating model and changes in responsibilities of the leadership team.
  3. Start a boardroom conversation that puts emotional and physical wellbeing as a key pillar of your people strategy, to be measured and improved as a key business indicator.

As Ben Whitter of the World Employee Experience Institute says, “We want people to be at their best and deliver their best work. Any option or choice that helps with that is in scope.”

Looking to reimagine your next employee experience moves? Our expert team can provide a rapid assessment of your EX equation and how to make it add up for the future. Get in touch today

Your network connection is offline.

caret-downcloseexternal-iconfacebook-logohamburgerinstagramlinkedinpauseplaythreads-icontwitterwechat-qrcodesina-weibowechatxing