Posts Tagged branding
Differentiate Your Brand. Or Watch it Die.
Posted by Mike Paffenback in Brand Identity, Brand Positioning on November 11, 2011
With so many b-to-b and b-to-c brands vying for attention and business, there’s never been a greater need for true, relevant differentiation among competitive products and services.
Bombarded with so many choices, tossed at them in so many ways, potential customers are desperately seeking a reason to justify one competitive solution over another. Yet most marketers fail to deliver a truely differentiated branding effort for their product or service. Instead, they offer up a similar-but-slightly-different feature/benefit story, seemingly trying to be all things to as many people as possible while in actuality setting their brand to sail on an already cluttered sea of competitive sameness.
Granted, true differentiation is hard work, but isn’t it worth the effort?
What’s the true difference in comparable healthcare services? Banks? Cement brands? Bottled water? Competitive software solutions? Sports shoes? Activated carbon? Your brand versus your competitors’?
(Hint: true differentiation does not lie simply in the cleverness of a great ad campaign, pricing, selection, quality, or customer service.)
Noted marketer and Harvard professor Ted Levitt wrote in his 1991 book, Thinking About Management, “Differentiation is one of the most important stratgic and tactical activities in which companies must constantly engage.” Hmmm. Me thinks this man speaketh the truth. So, what about it?
Long Live The Unique Selling Proposition
Any advertising or marketing professional worth his or her salt remembers Rosser Reeves as the man who formalized the concept of the “Unique Selling Proposition” in his 1960-published book, Reality in Advertising. According to Reeves, in order for their USP to be effective, advertisers were required to focus on the single genuine differentiating reason to buy their product or service. While it still resonates today, many marketers for some reason fail to apply this sage counsel to their branding efforts.
I’ve personally wrestled with identifying and clarifying the USP for many of the brands I’ve worked with in the past, so I know firsthand that it ain’t as easy as Reeves makes it sound. But it’s ultimately a matter of the success or failure of your brand that you do it. And do it well.
In 2001 (and updated in 2008), marketer and author Jack Trout published Differentiate or Die, an excellent read on the need and ways for true differentiation. He acknowledges that, in our modern era of reverse engineering, lasting product differentiation is tough. And patent protection only goes so far. Still, differentiation with the product or service itself is the first thing to consider. As Trout puts it, “improve, update, or reinvent.” Improve or add meaningful features – or completely reinvent – to provide a genuine, appreciable point of difference.
Operating more efficiently and effectively than your competitors is not typically a viable long-term differentiating strategy either, though many brands focus on better customer service, improved communications, etc. The problem is, though you may enjoy short term gains, competitors will eventually level the playing field.
The key is finding the point of difference that’s uniquely yours compared to whatever your competitors are doing (and you DO have at least one), and doggedly pursue it. This difference must be genuine, and it must be something of true value to your prospects. Strategically, this is brand positioning – part of the larger process of crafting a finely honed, sharply defined brand identity.
In future posts we’ll will offer suggestions for discovering the true point of difference for your brand. In the meantime, look inward to your brand and outward to the marketing environment and begin thinking about opportunities for true brand differentiation. Your business depends on it.
Branding: What We Can Learn From College Football
Posted by Mike Paffenback in Brand Image on September 3, 2010
Thank God, it’s time for the college football season to start; and all the color, pageantry, traditions, fanaticism, and school spirit that go with it. College football offers a complete experience unlike any other sport. And, perhaps, unlike any other brand.
The first college football game I attended was Harvard-Yale at the Yale Bowl in New Haven. I was maybe 10 or 11 at the time, and I remember people tailgating, seeing “Handsome Dan” the Yale bulldog mascot, watching the bands perform, looking at real live college cheerleaders, and using what I thought was a very cool men’s urinal (a marble wall with a horizontal pipe trickling water across the top and a trough drain along the floor).
Years later, I graduated from Auburn University. The game-day experience at Auburn was different from what I remembered at the Yale-Harvard game: a much larger stadium with many more fans, folks dressed in all manner of orange and blue, RVs showing up on the Wednesday before a home game, Aubie the costumed mascot and Tiger the golden eagle, the traditional pre-kick-off buildup chant of “War Eagle!” and much more.
When it comes to branding, college football gets it. Or, at least many schools get it. Close attention is paid to every touchpoint: tv exposure, school colors, licensed merchandise, the traditions unique to each team, tailgating procedures, the marching bands’ presentation, pre-game ceremonies, etc. Each game-day experience is a tighty defined, highly orchestrated series of events. A carefully crafted and executed brand identity, delivered as experiences; brand touchpoints for that particular school. The result of their delivery is the formation or reinforcement of an image by those experiencing the touchpoints — whether it be live or on television.
As you watch some college football this season, what concepts can you borrow for your business team’s branding playbook? Probably a lot. Because really, their delivering a football game-day experience is not that much different from your delivering a sales game-day experience.
One more thought: “War Eagle!”
Branding Is Like Flying A Kite
Posted by Mike Paffenback in General on August 19, 2010
To fly high, a kite must constantly fight against the wind.
Not sure who to attribute that quote to, but I like it. It pertains to life, to business, and to branding. A constant, difficult battle, with the goal of flying higher.
Onwards and upwards, folks.
10 Questions To Ponder About Your Business
Posted by Mike Paffenback in General on August 3, 2010
The economic pendulm continues to swing, though I’m not sure in what direction exactly. As things start to gear up in the aftermath of the economy of mass destruction, here are ten questions to consider for your business’ health and long term well-being:
- Could we be selling more of our “stuff”?
- Have we defined exactly how we want our brand(s) to be perceived in the real world?
- Have we clearly communicated this to employees?
- Are all of our operations — from manufacturing to sales to customer service to admin — aligned with how we want our brand to be perceived?
- Do we know which of our brand touchpoints drive long-lasting customer relationships?
- Do we track what our customers, prospects, and influencers really think of us?
- What is the benefit users receive from each of our brands — our value proposition?
- How are we distinctive from our competitors?
- Are we generating the most return from the customer lifecycle?
- What’s getting in the way of achieving our business goals and objectives?
Chew on these for a while. When you’ve answered the questions and formalized your action plan that I’m certain will result, you’ll be well on your way to business health and long term success. Happy pondering.
Why Post-Purchase Brand Touchpoints Matter
Posted by Mike Paffenback in Brand Touchpoints on July 28, 2010
The sale is made. Cha-Ching! But how do you keep existing customers coming back for more? No matter what business you’re in (except, maybe funeral homes?), repeat sales are most likely a vital part of your continued success.
And that’s why post-purchase brand touch points are a big deal, not to be overlooked while so much emphasis is naturally placed on getting the sale to begin with.
Consider all of the ways you continue to interact with your customers, post-sale. What situations and issues are likely to infuriate those customers the most, driving them away forever?
- Product/service quality
- Warranty performance
- Tech support
- User training and documentation
- Return policies and procedures
- Product packaging
- Customer service personnel
- Etc.
Each and every one of these post-purchase brand touchpoints – and possibly hundreds more for your particular business — play a role in helping your customer decide if he or she will ever do business with you again.
Remember how hard it was to reel in that customer to begin with? How about considering the potential lifetime value of that hard-won customer relationship. Now add in the power of social media and user reviews and how those customers could very well spread the word about how great your product or service is … or isn’t.
Isn’t it worth the considered effort to keep them happy after the sale?