In research conducted by Impact Marketing Group in 2009, respondents indicated that what affected their perception of a brand were visibility, authenticity and honesty of the brand. Ok, great… what does this mean to someone trying to build a business and establish their brand? Or what does it mean to a company with an established brand trying to break into a new market with little brand recognition? You may be surprised to hear me say that it means the same thing in both situations.
Ultimately, the key is to have a defined brand promise – what is it that your brand stands for? Based on this you can then begin to prioritize your strategies and define your tactics accordingly. I have seen, over and over again, where companies jump into the tactics with out understanding how they fit, or don’t fit, into the bigger picture.
For example, I once worked on a brand re-design project with a major high-tech computer manufacturer. We had a well established brand and were trying to reposition it within the confines of the overall product portfolio. Plus, we wanted to target a new demographic audience. Off we went to the branding agency who created several different graphic treatments. We reviewed them and made changes and came up with what we thought was a brilliant idea – very “off the wall”, especially for this company – but the new demographic “would be drawn to it” we explained to senior management who were having heart palpitations at the very thought of it. Picture this…a gorilla sitting on top of a PC. Something was definitely “off”, and it turned it was us.
This project never saw the light of day…why? We completely forgot the established brand promise we had been making, and continued to make, to the market. This design had nothing to do with the real world – it was graphically outstanding and visually compelling, but who cares? It didn’t relate at all to our brand promise.
Start by defining your brand promise. Here’s a list of questions to ask:
o What does the company stands for?
o What is the single most important thing that the organization promises to deliver to its customers?
o How do you want customers to feel about your organization after interacting with you?
o What the organization wants its brand to be known for.
o What unique value to you deliver to customers?
Make sure you have agreement across the company – whether it is large or small. People should be excited about this. They should be able to rally around this promise and use it to make appropriate business decisions. If not, then you still have some work to do. But, I guarantee you, it’s worth it.
ABOUT LAURA LOWELL: Laura has been building brands and businesses for over 20 years. She writes about marketing and branding in her blog “The Rules…According to You” and has been featured on Oprah & Friends, ABC, The Huffington Post, and more. As the President of Impact Marketing Group, she helps entrepreneurs and small businesses build their brands and businesses with consulting, tools and training.