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The Secret to Brand Growth? Mental and Physical Availability

The Secret to Brand Growth? Mental and Physical Availability

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Page 1: The Secret to Brand Growth? Mental and Physical Availability

The Secret to Brand Growth? Mental and Physical Availability

Page 2: The Secret to Brand Growth? Mental and Physical Availability

The key to brand success is both mental and physical availability.

Page 4: The Secret to Brand Growth? Mental and Physical Availability

Brands largely compete not in terms of differentiation or even product offering, but in terms of mental and physical availability.

Page 5: The Secret to Brand Growth? Mental and Physical Availability

When a brand is strong in those two regards, more people can more easily buy it in more situations.

Page 6: The Secret to Brand Growth? Mental and Physical Availability

Let’s begin.

Page 7: The Secret to Brand Growth? Mental and Physical Availability

AVAILABILITY

Page 8: The Secret to Brand Growth? Mental and Physical Availability

What are mental and physical availability?

Page 9: The Secret to Brand Growth? Mental and Physical Availability

the breadth and depth of your distribution in time and space

MENTAL AVAILABILITY PHYSICAL AVAILABILITY

Brands compete in terms of:

the probability of a consumer noticing, recognizing, and thinking of your brand in a buying situation

Page 10: The Secret to Brand Growth? Mental and Physical Availability

Mental availability extends beyond brand awareness: it depends on the quality and quantity of a consumer’s mental structures.

A note on mental availability

Page 11: The Secret to Brand Growth? Mental and Physical Availability

MENTAL AVAILABILITY

Page 12: The Secret to Brand Growth? Mental and Physical Availability

“Make your brand easier to access in consumer memory in more buying situations and for more consumers.”

— Byron Sharp, How Brands Grow

Page 13: The Secret to Brand Growth? Mental and Physical Availability

— Create distinctive assets

— Get noticed

— Continuously reach potential buyers

— Refresh brand-linked memories

— Be consistent

How to increase mental availability

Page 14: The Secret to Brand Growth? Mental and Physical Availability

Physical availability is a supply chain problem: how can brands get their product physically in front of their consumer wherever they are, right when they want it?

A note on physical availability

Page 15: The Secret to Brand Growth? Mental and Physical Availability

PHYSICAL AVAILABILITY

Page 16: The Secret to Brand Growth? Mental and Physical Availability

“Though brands may claim to have achieved 100% availability, no brand has actually accomplished this yet.”

— Byron Sharp, How Brands Grow

Page 17: The Secret to Brand Growth? Mental and Physical Availability

— Supply all desired pack types and sizes

— Keep stock levels high

— Expand into new geographical locations

How to increase physical availability

Page 18: The Secret to Brand Growth? Mental and Physical Availability

THE CONSUMER

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How does the modern consumer shop? Do they optimize their preferences or satisfy them?

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begin searching through a set of options but stop once a preference meets immediate needs

OPTIMIZE SATISFY

Consumers can optimize or satisfy preferences:

search through an entire set of options until absolutely certain a specific preference has been met

Page 21: The Secret to Brand Growth? Mental and Physical Availability

Knowing whether your consumer is an optimizer or a satisfier has critical implications, as you can take a very different branding approach for either.

Page 22: The Secret to Brand Growth? Mental and Physical Availability

It is widely believed that U.S. consumers search for an exact preference match.

Page 23: The Secret to Brand Growth? Mental and Physical Availability

“As it turns out, consumers tend to satisfy their needs instead. In other words, they settle for ‘good enough’.”

— Byron Sharp, How Brands Grow

Page 24: The Secret to Brand Growth? Mental and Physical Availability

It isn’t because the brand is differentiated, but because an emotional response has been triggered. They’ve browsed a few options and will impulsively go with the one that elicited some sort of internal response.

This explains why customers buy into a brand

Page 25: The Secret to Brand Growth? Mental and Physical Availability

We’ve arrived back at mental and physical availability.

Page 26: The Secret to Brand Growth? Mental and Physical Availability

First, brands need to be physically available, to even be part of the initial mix a consumer browses through.

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Second, brands need to create associations, to refresh salience, and build new memories to be the brand consumers stop at.

Page 28: The Secret to Brand Growth? Mental and Physical Availability

THE WRAP-UP

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What have we learned?1. Brands need to be mentally and physically available

This enables more people to more easily buy your brand in more situations.

Page 30: The Secret to Brand Growth? Mental and Physical Availability

What have we learned?1. Brands need to be mentally and physically available

This enables more people to more easily buy your brand in more situations.

2. Customers tend to settle for “good enough” Brands need to trigger an emotional response to be the brand consumers settle for.

Page 31: The Secret to Brand Growth? Mental and Physical Availability

You can read the full story on how to grow your brand on the Percolate blog: The Secret to Brand Growth? Mental and Physical Availability

Page 32: The Secret to Brand Growth? Mental and Physical Availability

Percolate is The System of Record for Marketing. Our technology helps the world's largest and fastest-growing

brands at every step of the marketing process.

Want to learn more?

Contact [email protected] for more information

or request a demo today at percolate.com/request-demo

Kat Gebert Kat Gebert is on the Product Marketing team at Percolate.