OPINION28 September 2011
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1 Comment
Lou Ellerton
14 years ago
Completely agree, Pete. A lot of the work we're doing with kids' and family brands at the moment has to do with exactly this process: understanding how brands can actually help to simplify rather than complexify parents' lives. An important part of this is the need for organisations to recognise that it's not always right to introduce a new brand, sub-brand, product or service simply for the sake of adding a revenue stream. They must balance the expectations and needs of their consumers against their existing offer, deciding whether the new product presents a genuine step forward or just creates more choice for the sake of it. Otherwise, they risk parents moving to competitors who may offer fewer SKUs but with a clearer purpose behind them. Parents trust some brands to look after their interests, while accepting that those brands are fundamentally motivated by profit. A classic example would be LEGO, which is known for its passion for facilitating play in a way that conforms to the values parents want for the children's toys - less violence, little or no sexuality and lots of imagination. Should a brand betray that trust by introducing products that don't fit their perceived values, consumers will react badly. One interesting phenomenon we've seen at The Value Engineers is the advent of products that combine two of the opportunities you mentioned: facilitating new occasions for families to get together, and buying back time. A great example of this is the rise of child-friendly apps and interactive storybooks for the iPad and iPhone. These encourage parents to share their prized technology with their children, enabling them to interact in a way that doesn't require lots of extra play equipment and can take place in small segments of time. Going forward, my feeling is that the family brands that will see most success are the ones that recognise their roles as facilitators (or even custodians) of family time, but also accept the pressures placed on parents - and therefore offer services or products that are specifically designed to work with those pressures.
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