10 - Ray Ban Disruption Flashcards

1
Q

disruption

A

shattering biases + conventions to forge a new vision of a product/brand/service

  • memorable communication
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2
Q

one-way advertising vs two-way conversations with consumers

A

from demographic to psychographic

from passive sponsorship to creation of proprietary platform

less broadcasting and more audience participation

constant dialogue + entertainment

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3
Q

ray ban’s 1st turnaround

A

1999 - Luxottica (competitive adv)

distribution change (product, price, location…)

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4
Q

ray ban’s 2nd turnaround

A

disruption campaign (one-way advertising vs two

  • way conversations with consumers)
  • Never Hide campaign

guerilla marketing

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5
Q

disruption road map

A

conventions
disruptive idea
vision

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6
Q

Ray Ban’s competitive advantage

A

heritage - problem solving approach since beginning

iconic perception - us army, movies…

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7
Q

Luxottica’s competitive advantage

A

geographic expansion

licensing

acquisition of proprietary brands (ray ban)

vertical integration (control everything)

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