Summary of "Mass Marketing จบแล้ว! ยุคใหม่ของแบรนด์คือ “การตลาดแบบจริงใจ” | The Secret Sauce Highlight"
Summary of Key Financial Strategies, Market Analyses, and Business Trends
1. End of Mass Marketing; Rise of Tribe and Community-Based Marketing
- Traditional mass marketing (4Ps: Price, Place, Promotion, Product) is obsolete.
- Consumers are fragmented into tribes or small communities based on identity and culture (health, ethics, aesthetics, sports, street culture).
- Brands must connect authentically with these communities and deliver cultural value, not just products.
- Example: Farose as a community builder with a loyal fan base, leveraging audience identity.
2. Brand Positioning through Culture and Experience
- Global luxury brands like LVMH are shifting from selling products to becoming cultural brands influencing music, art, sports, lifestyle, and society.
- Retailtainment: Combining retail and entertainment to create immersive shopping experiences (e.g., Louis Vuitton’s Milan store with art and design elements).
- Brands must create cultural experiences and community engagement beyond traditional sales.
3. Authenticity and Sincerity in Advertising
- The era of traditional TV commercials is over; the new marketing focuses on honest, real, raw, and relevant content (3Rs).
- Influencer and creator economy growth: Nano and micro-influencers have more impact due to genuine use and trust from followers.
- Brand storytelling should win hearts, not just views.
- Greenwashing or false claims (e.g., LGBT friendliness) are no longer acceptable; sincerity is critical.
4. Founder-Led Brands and Personal Storytelling
- Founder-led branding is a trend where entrepreneurs openly share their life stories and values, creating deeper brand connections.
- Example: A 400 million baht cosmetic brand using TikTok to tell accessible and authentic product stories.
5. New Commerce Models: Social Commerce, Live Commerce, and Direct-to-Consumer
- Decline of traditional warehouses and physical stores; rise of live commerce and social commerce platforms like TikTok Shop, Shopee, Lazada.
- Affiliate marketing and influencer-driven sales are major growth drivers, enabling individuals to earn significant income.
- Thai consumers prefer interactive, chat-based shopping experiences, reflecting ASEAN cultural traits.
- Brands often start online and then expand offline (e.g., pop-up stores, festivals).
- Chinese challengers dominate due to supply chain control, but Thai brands have advantages in cultural understanding and local relevance.
6. Strategic Recommendations for Brands
- Rebuild or reposition brand identity clearly and authentically.
- Deeply understand customers beyond demographics—focus on beliefs, emotions, and culture.
- Use social platforms for storytelling that connects emotionally.
- Embrace real, sincere branding to differentiate from competitors, especially Chinese imports.
- Adopt agile marketing: test, learn, iterate quickly ("sandbox" approach).
- Prepare for rapid changes in consumer behavior and market cycles.
7. Industry and Investment Trends
- Private equity and corporate venture capital (CVC) increasingly invest in consumer products, food systems, and startups.
- Large corporations (PTT, Central, CP) are actively funding consumer brands.
- Smaller brands need to innovate and leverage their cultural and local advantages to survive and grow.
- Collaboration, joint ventures, or acquisitions may become necessary for scaling.
Methodology / Step-by-Step Guide for Brands to Adapt
- Step 1: Reposition or rebuild brand identity with clarity and authenticity.
- Step 2: Conduct deep customer research focusing on identity, culture, beliefs, and emotions.
- Step 3: Use social media as a storytelling platform to engage and win hearts.
- Step 4: Embrace sincerity and avoid superficial or false claims in marketing.
- Step 5: Leverage founder stories and personal branding to build trust.
- Step 6: Utilize influencer marketing, especially nano and micro-influencers, for genuine reach.
- Step 7: Adopt new commerce models: social commerce, live commerce, and direct-to-consumer sales.
- Step 8: Implement agile marketing strategies: test, learn, iterate, and scale quickly.
- Step 9: Monitor market and investment trends to align with emerging opportunities.
- Step 10: Collaborate or form strategic partnerships when needed for growth and competitiveness.
Presenters / Sources
- Brother Aet (AD adaptor, marketing expert)
- Farose (Community builder and media personality)
- Khomsan (Industry commentator on commerce models)
- Various unnamed speakers discussing brand strategies, social commerce, and investment trends
Category
Business and Finance