Monthly Archives: January 2018

Inchoate. Word of the day.

0

I’ve never used the word inchoate in a blog post before. Its definition is hard to remember, as is its pronunciation. I means “not fully formed” or “partially in existence.”  Okay, okay you know where this is going. Am I that transparent?

Most brands use inchoate brand strategy. Everyone says that have a brand strategy. Everyone believes in their logical minds, they have a thing called a brand — comprising a name, logo, and a Ramblin Jack Elliot value proposition. But were you to ask for an articulation of that strategy, in words, on a piece of paper, they’ll want to change the subject.  Ask marketing directors at service companies and B2B companies and it gets worse. You are likely to get push back about brands being for packaged goods. So “nope.”

With the disintermediation of sales and marketing, due in part to Google and the web, brands left unmanaged are brands without endurance.

Brand strategy sets direction for product, experience and messaging. It provides guardrails. Consumers understand brand strategy. They can articulate it, just like they can articulate words from an ad campaign. “We are farmers…” But only when clear. When managed.

Inchoate brand strategy is the enemy. Fix it.

Peace.  

 

Discipline

0

Brand strategy is, in a word, discipline. I define brand strategy as an organizing principle for product, experience and messaging; that’s all fine and good. But if the paper strategy isn’t actualized by management and marketing, all is for naught. As someone who came up in the ad business, I know that getting work approved is the financial goal. Getting good work approved is the business goal. And in all the day-to-day management of those processes, holding to strategy often gets overlooked. That’s the ad business. On the marketing side, it’s even more complicated. More moving parts. So adherence to strategy isn’t easy. Business strategy is “make more money.” Brand strategy is “make more people love the brand, so you can make more money.”

It takes disciple during all the marketing horse trading to hold to a brand strategy. Everybody has a plan until they get punched in the according to Mike Tyson. That’s how it is with brand strategy. Everybody has a brand strategy until they get punched in the face. 

Strong brand is a most critical KPI. (Imagine if you changed your name every year.) It sets direction and it sets expectation. Disciplined brand strategy undergirds all successful brands.  Checkmate.

Peace.