Monthly Archives: October 2016

A New Definition of Branding.

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I often wonder if the targets for my business truly understand what I do. Those targets, CMOs, directors of marketing and small and mid-size business owners, read “brand consultancy” and get the consultant part, but may not truly understand the depth of the word brand. Brand today is both a noun and a verb.  

Many think brand is a mark or logo. Something that, through design, helps consumers with product identity. The whole branded cattle history thing. For people who view brands this way a brand consultancy is all logo, name, style guide and, perhaps, tagline. When AT&T spun off Lucent in the 90s, the whole process, exquisitely implemented by the way, cost millions. A year later, the company had a new name, logo, building signs, stock symbol and ad campaign. But not a brand strategy. (Peter Kim’s “$14B tech startup” aside.)

The reality is, especially in today service economy, a brand is a living breathing thing. My definition of brand strategy as “an organizing principle for Product, Experience and Messaging.” Most of my targets understand this definition better. In fact, they are more apt to acknowledge needing and organizing principle that they are a brand strategy.  

So moving forward my mission it to educate my targets as to this new definition. It will be a long road but one I expect will redistribute marketing wealth in my direction. Onward.

Peace.

 

 

Brand Referendums.

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There’s a cover story in The New York Times today about political referendums. It suggests referendum results favor the sponsoring political party when that party is in favor.  The opposite is also true. The headline of the article suggests referendums are “messy tools” and the recent Brexit vote was used as an example.

I actually think brand referendums are a nice idea – a good way to gauge customer sat and affinity by allowing a vote on product and service changes. Blue Point Brewery just changed the label of its flagship beer, Toasted Lager.  With Blue Point’s purchase by Anheuser Busch InBev, it seems big brother’s marketing engine is getting more involved. I wonder how that will play out?  A simple button on the home page requesting feedback, wouldn’t have hurt.  Along with a comment box.

The marketing road is lettered with changes to products that have passed muster with modest or no research. Brand referendums (on the home page) offer customers a way to engage, feel listened to, and perhaps assist with innovations. And more importantly, gauge how customers feel about the direction of brand management.

Tink about it, as my Norwegian aunt would have said. 

Peace.