What We Need to Know
→ Introduction
→ The Problem
→ The Audience
→ The Market
→ Key Messages
→ Personality
→ Deliverables
Introduction
IvyKoin seemed like a good idea at the time. But times have changed.
It was the height of the crypto markets, when every Tom Dick and Harry thought they were going to be billionaires from crypto projects. IvyKoin was developed as a blockchain-based cryptocurrency and payment system for business transactions (typically USD$10K+). By making the buyer/seller relationship more transparent (KYC + KYT), creating a trusted, transparent ledger to trade against, and focussing on risk mitigation (compliance with international regulatory, legal, and reporting standards) more conservative financial institutions could gain access to the volatile upside of cryptos for payments, billing, and even lending. Like a fiat for cryptos.
That sort of worked. But not really. And while the market took an early interest in the concept (and the token), actual uptake was over-estimated.
Meanwhile, Peazie
Peazie's a consumer data acquisition company, and a creative partner for brands looking to do online brand activations. Which means Peazie is essentially a digital media agency that helps brands publish campaign-specific microsites.
Using a proprietary tech platform for publishing content and capturing leads and conversions, and a data-led approach to acquiring new users, Peazie can help brands see massive ROI on their digital ad spend, and also yield deep data on their most active consumers. They help facilitate a 1:1 relationship between brand and audience.
While it is a market leader in capturing marketing User consent, with over 10 million leads and over 3000 campaigns for hundreds of brands, agencies and publishers, there's only so much that Peazie can do without bringing the audience into the conversation.
Time for Something New(co).
Privacy and data are at the forefront of tech right now. Big data has made everyone's lives a lot easier (ish), but if knowledge is power, it's left all the power in the hands of a few. By making Users conscious of their data — what it's worth, who's tracking it, and what is done with it — NewCo believes it can co-create a product that can help change the way the internet works.
In essence, NewCo wants to develop a data market that sets the gold standard for the attention economy.
By bringing the learnings and tech from both Ivy and Peazie together, and bringing the User into the conversation, NewCo wants to take the 1:1 relationship that's worked so well for Peazie as a foundation for further growth.
The Problem
Why you’re moving on from your old brand.
NewCo, it’s not me, it’s you…
Target Audience
Who do you think you're talking to?
While we understand that you want to work with a diverse audience of minorities, we're aware of a couple of things:
We're likely not launching in the US. And we don't have a huge Hispanic community in Aus. While demographics are still relevant, they're ever-less so, especially with the Gen Z set. Gender's not even really a thing anymore. Age is a number. It's more about what you want, and what you're looking for, than the stats in your bio. We want to be cautious of pandering our brand, messaging or TOV to any one culture or race. We don't wanna come off all... We need to be looking past just the end consumer, especially as we consider Peazie in the mix. We need to bring brands into the conversation. We think that our "Advocates" audience can incorporate the more legislative set too: people who aren't necessarily going to benefit directly, but are more interested in changing the way things are. What are they looking for?
Next Steps:
Full bios to come in Brand Strategy The Market
What are consumers expecting and demanding and how do we meet them where they are?
This is a look at the mega-trends we discussed, and what they mean to us specifically.
How we meet their expectations
Next Steps:
Full Visual Field™ of our competitors to come in Brand Strategy Key Messages
What our our main talking points?
Peazie and Lettuce are essentially two sides of the same coin. We need to consider where there's crossover, and where we're talking to an entirely different audience.
Product or Service (What)
Elevator pitch
By tracking User behaviour and assigning a value to User's attention, NewCo can help Users turn their data + digital activities into rewards and currency. By creating a platform for brands and consumers to interact (Peazie) a currency and payments system for users and brands to trade in (IvyKoin + Rewards), NewCo wants to be a model for a new internet economy, and a vision of a future where data is transacted, privacy is privileged, and brands and consumers can have open, honest, and human conversations. It's about facilitating conscious consumption. Creating conversational capitalism. Changing the status quid pro quo. Tweet the purpose
Get to the why in 144 characters or less.
"Change the way we internet to give consumers a voice in the attention economy. " Next Steps:
We're going to re-write your Elevator Pitch and Purpose into something sexier and slicker. We're going to turn your key messages into a super-clear What/Why/How matrix. This will become soundbyte-size chunks to be used across all comms. We'll assign messaging to each brand. If there's overlap of messaging across both, we'll show how we spin the message slightly differently for each. We'll establish a clear messaging hierarchy so we know what the most important talking points are (what to lead with, what to follow up with). We'll apply tone of voice. Personality
How do you do (you)? What personality are we looking to give this message of ours?
We've cut this down based on which traits were most popular, and which traits we believe will give us the most cut-through while still staying authentic to who we really are.
Next Steps:
We'll work these words and ideas into something a lot more succinct and personalised. They'll probably rhyme or alliterate, because that's how you do #brandstrategy. The courage to be disliked:
Deliverables
Golden Path
What's your user journey How do they find out about you, and when do they find out about what else you can do?
We've taken what you've given us here and added some steps that make sense to us. This isn't set in stone — it's more for us to figure out what our deliverables are.
→ User discovers newly launched campaign on brand's Instagram
→ Redirected to campaign website
→ Inputs data to view/receive offer
→ App CTA
→ Downloads Lettuce app
→ Onboarding by inputting necessary data (demographic data, transactional data, location data)
→ Directed to campaign marketplace
What examples will we focus on in our Creative Direction?