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[VIET CHINH]](https://image.slidesharecdn.com/momentoftruth-150528174020-lva1-app6892/85/Elite-Development-Program-Moment-of-truth-Viet-Chinh-1-320.jpg)
Elite Development Program - Moment of truth - Viet Chinh
- 2. Agenda
- 3. Moment of truth or What is it? tCMoN is a moment when a specific need of consumer is intensified and this occurs periodically or reflex to some condition. Note: Need means both need or want
- 4. Factors that make up tCMoN It’s a moment created by the consumer experiencing something over and over again, very difficult to be created by a brand At that moment one specific need of consumer is intensified and its importance overwhelms other needs in consumer mind. This specific need can only be satisfied by a specific function or emotional support, only a small number or only one brand or product can satisfy this need The moment reoccurs again and again either periodically, when some conditions are met or both tCMoN belongs to a category not a product or brand
- 5. Side note on intensified need What is intensified need? There are many needs belong to a category that present at the same moment. The intensified need is a need that might or might not exist outside that moment but in that moment its importance or sense of emergency is higher than other. How to clarify the scale of importance or sense of emergency? tCMoN is only a moment and in that moment we can see what is the prioritized action or top of mind desire . They represent importance and sense of emergency. From those action or desire we can trace back to what need they originated from.
- 6. Role of tCMoN The product or brand that can satisfied the moment specific needs is the strongest in consumer mind By the notice of the moment and know the right intensified need brand can communicate or create new product to own that moment Winning tCMoNs could lead to winning category (transforming the category) A new product can revolve around solving only one tCMoN existing in category
- 7. Can you make it clearer? Yes! Yes, I can! Why meal time is a tCMoN to cocacola but only a strategic occasion to pepsi? Though both are carbonate drink, Cocacola address the need of happiness in a meal while Pepsi address refreshment. During meal time (with friends or family), the need of happy moment is intensified while the need for refreshment is almost the same as any other moment tCMoN is about finding out the reoccurring moment and pointing out the intensified need The need can be functional or emotional
- 8. Can you make it clearer? Yes! Yes, I can! On a sunny and hot day, the need for a drink to refresh yourself is indeed intensified but that’s not a tCMoN since most beverage can satisfy that need without having some specific functions. For example, when you eat something hot, it burns your tongue, at that moment you want some drink that can cure your tongue. That would be a tCMoN since only the specific function of treating burnt tongue can satisfy. Now in the 1st example, if we point out a different need that is “lower body temperature” then it becomes a tCMoN since now there is a specific function required.
- 9. Periodically: tCMoN happens hourly, daily, monthly, yearly, every 4 days etc. At night, young people may find it difficult to sleep early due to their biological clock expanding awake hours even though they know they want to sleep. Then the tCMoN would be occurring every night and the need is to be able to sleep the moment their head hit the pillow in the category of drink (water that help you sleep, not as strong as sleeping pill) or candle (sleepy aroma) Women putting on makeup in the morning isn’t tCMoN but reapplying makeup is since the longlasting makeup is a specific function not all product in category have. On conditions: tCMoN happens when some conditions are met. After playing sport, the need for deodorant arise but it’s not a tCMoN, the need to stop the sweating afterward is. This tCMoN occur only when condition play sport is met. Moment after playing sport – Need to stop further sweating – Deodorant Under the rain the hair gel or wax get washed away, causing hair to fall out of style and the dripping water that may hit the eyes contain chemical that burns. The need for hair not to fall out of style is more intense than the later. Moment of rain – Need wax or gel to not be washed away – Hair Gel or wax. Both or not fixed at one type Cocacola meal time may sometimes occur daily, or 3 times a day or a few time a week when condition of eating with others is met Can you make it clearer? Yes! Yes, I can!
- 10. tCMoN isn’t EVERLASTING. A Moment – Need – Category can stop being a tCMoN when: The moment stop happening or the frequency becomes too small for consumers The need lost its importance in consumer mind The need become popular known and satisfy by a lot of products ( Moment while in an air- conditioned room – erase the smell in the closed room – air-conditioner used to be a tCMoN until most air-conditioner now a day have erasing smell function) The Specific need with specific function to satisfy become a new category (perfume was for making you smelled better than tCMoN of moment when you stink – erase the bad smell – perfume appear then perfume branched out into deodorant and the tCMoN disappear) … At the same time tCMoN can be created anew through changing in consumer behavior, consumer thought, consumer perception, market, society, technology etc. Can you make it clearer? Yes! Yes, I can!
- 11. How to find tCMoN? Identify consumer Understand category Look into every moment the consumer use, prepare to use, experience using products in category Finding out which moments reoccur Dig into those moment to find if there is an intensified need Find out if that intensified need can only be satisfy by a function or emotional support only a small number of only one brand or product possess.