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Miura Systems seeks to create awareness and differentiation in a crowded market

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“In advertising, not to be different is virtually suicidal”

– Bill Bernbach

BACK TO BASICS – AN INTEGRATED VIEW

Problem - Solution

Standard Acquisition

Funnel

Leads

1

2

3

4

1-3 brands come to mind

7-9 competitors are added to the list

2-3 brands can solve the problem

Only 1 brand wins

The 90% Rule

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EMOTIONAL DECISION MAKING

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EVOLVED EMOTIONS

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I’M A BIT EMOTIONAL TODAY

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BARRIERS TO EMOTIONAL STORYTELLING

• Business results oriented

• ROI is an outcome not an objective

• Metrics oriented

• Efficiency vs Effectiveness

• Over reliance on empirical data

• Undifferentiated value propositions

• A focus on what and how

• But not why

How looking the same made a difference

Miura Systems case study

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MIURA MOBILE PAYMENT DEVICE

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COMPETITORS REPRESENTED THE ESTABLISHMENT

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THE NEW ENTRANTS HAD A SIMILAR LOOK AND FEEL

WE MIRRORED THE RULES OF THE MARKET (NOT THE COMPETITION)

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MIURA. THE NEW COLOUR OF MONEY

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MIURA - PROSUMER ELECTRONICS

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MIURA - PROSUMER ELECTRONICS

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TRADITIONAL RETAIL POS NOW PLAYING CATCH-UP

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DISRUPTIVE THINKING – PHASE II

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MIURA. THE NEW COLOUR OF MONEY

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Summary

• The traditional vendors (Miura’s competitors) represented the status quo

• They dominated the traditional card payment market

• They represented the establishment

• To disrupt the status quo we needed a compelling reason to exist

• Solution: Align to the ‘new’ entrant’s belief system

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RESULTS - OUTCOMES

• From a start-up position, Miura now have 85% of the chip and pin mPOS market globally

• Recently valued at over $160 million

Thank You

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