Brand Strategy

    Brand Strategy and the Question.

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    Fred Wilson is a blogger (www.avc.com) and businessman I admire greatly. He blogs daily and share his knowledge without second thought.  He’s probably the most prominent VC on the east coast if not the county.  In a recent speech given at MIT, he mentioned that on his first ever test there he had gotten a zero.  About MIT he said, and I paraphrase, “When you go to MIT to go from being the smartest kid at your school to being the dumbest.” Anyway when asked about his nil test score his professor the response was “You didn’t understand the question.”

    Here’s the thing about brand planning. The ones who get it right aren’t the ones with the best methodology or framework. They are the ones who understand the question. The problem is that question always changes. Yesterday I posted brand strategy is not Chaos Theory.  But if the question changes for every brand strategy, isn’t that a bit chaotic?

    A generic question for all brands might be “What value or behavior does the brand provide that best meets the needs of the customer?”  Doesn’t seem like a bad question. But, per Fred Wilson’s professor, it’s the wrong one. Only when you are waist deep in a brand, customer care-abouts and brand good-ats can one ask the real question. It will be a business question, tempered by consumer insight, and help you pass that first and last test.

    Happy hunting!

    Peace.

    First Get The Brand Right.

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    Here’s my pitch to people who manage small and mid-size companies. Also, to large companies in technology, considered purchase and B2B categories – most of whom think marketing is the main tool of growth. Marketing being defined as creating demand, proper pricing and good distribution.  I explain that marketing today is mostly practiced as a downstream pursuit with time spent on buildables. On tactics and execution. “Update the website. Generate more social engagement. Put on a promotional event.”

    I counsel these people, these builders, to first get the brand strategy right. First and foremost.  Because the brand strategy sets the parameters of winning in the marketplace. It establishes a framework for product, experience and messaging. The irony of my job is that I often have to look and product, experience and messaging, after the fact, to help create the framework.  It’s a little bass-ackwards.

    Get the brand right and it’s so much easier to get the marketing right.  “Ready, fire, aim” it’s not.

    Peace.

     

     

    Reinvention.

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    Brand planners are reinventors. Faris Yakob, a leader of the pack, rightly says “all ideas are recombinant.” Meaning, there’s nothing new. Only new packaging. I like to think we are reinventors. Invention being the mother of necessity and all. He just said it better.

    Brand planning is like peeling an onion. Layers. And more layers. But at some point you need to put a stake in the ground and deliver a strategy. At What’s The Idea? I deliver a brief and a more operative Claim and Proof array (a single sheeter). The array is a living breathing list of proofs, organized under three key values (planks). The time prior to the strategy being delivered is BS. Before Strategy. Anything after is aftermarket discovery, is AS. After Strategy.

    The beauty of my framework (claim and proof) is that all people involved are always on the prowl for more ways to prove the claim. With every proof unearthed we make another deposit in the brand bank. We are also giving the ad agency and agency-ettes fodder for new and exciting work.

    Brand strategies are like children to me. Whenever I see a potential new proof point for one of my brands I light up. And pass it on. Brand strategies are 20% BS and 80% AS. And then you die.  Hee hee.

    Peace.

     

    Brand Strategy With A Limited Menu.

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    There is a West coast brand consultant I came across yesterday who does much the same things as I. From the screen grab below you will see the offerings are quite varied. There are 20 bullets. Very comprehensive. VEry impressive.

     

    What’s The Idea? has 2 bullets. Only two offerings.  A brand brief and a one-page brand strategy. Those are my wares.

    The brand brief is the tool I used to create the one-page brand strategy. The strategy contains a “Claim” and three “Proof Planks.”  Proof planks are discrete value headings, inherently tied to brand success. All interlock with the Claim. For a client in the commercial maintenance business we used the Claim the “Navy Seals of Commercial Maintenance.” The proof planks are “fast,” “fastidious” and “preemptive.”  Under each plank resides a list of individual proof points. An actual example or demonstration of value.  Not a platitude or generic, baseless claim, but a scientific, existential act, deed or accomplishment. People remember proof, they do not remember marketing fluff.

    In brand strategy, proofs often become the subjects of ads, events or other content.

    With all deference to other brand strategy consultants with menus, I give you a simple offering: an organizing principle for product, experience and messaging. I give you a brand brief and a brand strategy – the foundation for all things marketing. The strategy drives campaigns and voice and personality but does not dictate them.  That’s the job of the agency.

    Simple is complex sometimes.

    Peace.

     

    UBS and Craft.

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    I love multi-page print ads. Often, campaign or brand- launch units, they’re a brand planner’s playground.

    (Full disclosure, UBS is my financial firm and they are great.) 

    This past week UBS launched a 4-page ad in The NY Times.  My brand strategy rigor is simple: one claim, three proof planks.  Reverse engineering this effort, I would have to say, the brand claim is “Banking is our Craft” and the three proof planks are: advice, managing wealth, and investment experience. Each topic gets its own page. The operative word in strategy is “craft.” (Don’t get me started on the word “banking.”)  

    Page one ad copy reads:

    Craft matters. In small ways. Like how a coffee is brewed. How a chair is built. In not-so-small ways. Like, how your money is cared for. It’s a conscious choice in in how we perform our work. At UBS, we elevate our banking to a craft blah, blah.

    The planner in me says “craft” is not a terrible word. It can be emotionally and logically brought to life as a metaphor for managing money. But not through empty copy. Only through deeds, tasks, processes and evidence can one begin to believe managing money is a craft. As for the proof planks, the ones selected are departments not values. Or as I like to say “good-ats.”   

    As I read the copy, mining for proof, it is de minimis.

    An example: Always delivered with passion, care, unmatched expertise, and meticulous attention to detail. With our clients at the heart it all.”

    This effort does not pass the sniff test.  It’s copy, not advertising. Persuasion requires proof. Craft may be an idea. May be an idea. But this souffle certainly isn’t cooked.

    Not a good investment in branding. Or marketing.  

    Peace.  

     

     

    Gartner’s 2020 Annual CMO Spend Survey Research

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    I love this chart.  I freakin’ love this chart.  For CMOs to acknowledge the importance of brand strategy, overtaking analytics and all other measures, is a powerful endorsement of brand work. Gartner’s study queried 432 CMOs.

    I could get caught in the weeds asking questions like “How do the CMOs define brand strategy?”  or “What does your brand strategy framework look like?” but I won’t. I’ll just bask in the glow.

    Apparently, brand strategy was near the bottom of this list when asked in the 2019 Annual CMO Spend Survey Research, so this is quite a leap up in importance.  Now, one could say the Covid-19 Pandemic is playing a role in this leap; the logic being, when marketers cut budgets and activity, strategy becomes more important — but I am going to take the win here.

    Great job Gartner. Great job CMOs.

    Peace.   

     

     

    Words. Stuff. And Deeds.

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    Tesla’s solar business, which needs a name change by the way, is revising pricing in order to regain momentum.  They’re going to make less SKUs (packaged goods term referring to product sizes/flavors) while asking customers to do more to minimize the number of site visits Tesla has to make, e.g., photograph meters and circuit breaker boxes, etc. These actions will drive cost out of the business enabling the price reduction. These latter costs are called soft costs. The panels being the hard costs.

    What’s The Idea? is a brand consultancy that makes paper, ideas and strategy. All soft costs.  At the end of a business engagement my clients have in hand a brand brief, a claim and proof array (one pager) and if they go the full monty, a marketing plan. Soft goods.

    Problem is, marketers really like stuff: Hats with logos, ads, signs, website and package designs. Stuff. My stuff happens to be words. 

    As Mark Pollard, a really smart brand strategist says and will publish in his upcoming book Strategy is your Words, words make brands more effective. Words are strategy. Strategy leads to stuff. Strategy leads to deeds. Strategy leads to valuable, organized thinking.

    Can’t wait for the book to come out. It’s stuff about words.

    Peace.

     

     

     

     

     

    The B word.

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    Bravery is big these days. A lot of agencies and marketers have tied their brand promises to the word, including David and Goliath and Mondelez – a couple of forerunners. And why not? Who doesn’t want to be brave? It’s as American as apple pie. I, too, rely on the word in my practice. A boast I proudly share with clients (after signing them) is that there will likely be one word in the brand strategy they may find objectionable. They’ll love the sentiment. Feel the strategy. Know in their bones I get them. They’ll proudly nod at the defensible claim. Yet often, they will sheepishly ask “Do we have to use that one word?”

    A $5B health care system asked “Do we have to use the word systematized?”

    The world’s largest tech portal asked “Do we have to call consumers browsers?”

    The country’s 10th largest daily newspaper asked “Do we have to say ‘We know where you live?’”

    The list goes on.

    The point is, brand strategy needs to be brave.  If it’s not, is it really strategic? If your brand strategy is not bold, it will be a long, expensive build toward effectiveness. And may weaken your brand planks. (Three planks support your claim.) This brave approach takes brand strategy out of insight land and into claim land. Out of observation mode, into prideful attack mode.

    Oh, and the answer to my clients one-word objection? “No, you don’t have to use the word. The creative people will create the words. But you must use the strategy.” And everybody, myself included, bobble-head in relief. Peace.

    The Fine Lines of Brand Strategy Consulting.

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    When you are a consultant, you walk a fine line between telling customers and prospects what they are doing wrong while complimenting them on what they’re doing right.  You wouldn’t have a foot in the door were they doing everything right, yes?  But that’s no reason to tell them their baby is ugly.

    When a brand consultant, you walk an even finer line when interacting with prospects because you don’t really know the brand. You haven’t done discovery. You haven’t articulated the addressable business problems. You haven’t dug into the customer care-abouts or brand good-ats. Without those lines of reasoning anything you say can and will be shallow. So, you do the shallow spade work. Which often ends with discussions about process, procedures and practices. Not sexy.

    People like to talk about themselves and their frames of reference. Brands do too. Trust me, when I do brand discovery it’s fire hose time. But to get to discovery you have to a client to sign on. And even if they open up on a call or two, you can’t make any real judgements until the cake it out of the oven (Alex Bogusky).

    This is a conundrum I have yet to crack adequately. So I listen. I overlay some thoughts. I qualify my answers with a plea of brand ignorance. And I hope to build trust.

    As I said, a fine line.

    Peace.

     

    Free Day of Planning…Asheville Style.

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    I’ve lived in Asheville, NC going on three years. I’ve met some really neat people. Seen some cool work and rubbed shoulders with beaucoup makers and business owners. Most are quite grounded. Recently, I visited with some people with a graphics and printing business, doing carrier reroute sort snail mail and automobile wraps — and they are absolutely killing it; businesses that wouldn’t have a chance in most places. Must be the water.

    I’ve also met some people who are slogging along. Restaurants here are closing almost as quickly as they are opening. Outside investors are coming to town with an eye toward extracting better margins (read: HCA, Anheuser Busch In-Bev, the guys who bought New Belgium). Yet whether slogging or sledding, one thing most businesses seem unconcerned about is brand strategy. They are blocking and tackling so hard they don’t understand the true business asset brand strategy can be – not beyond name and logo.

    Mission Health is running ads telling us “people are its mission.” Devils Foot Beverage thinks “keep it simple, keep it fresh” will distance it from other ginger beers. (In a dogfight with creators of complexity and staleness???) And Keller Williams Real Estate positions around “people not properties.” What the…?

    This city is pregnant with creative products, services, ideas and money. It’s a bubbling cauldron. I salivate over the possibilities. So I’m going to do something about it. I’m offering any and all businesses in Asheville a free day of brand planning. Open up to me, answer some questions, allow me to dig and speak with some customers and when the day is over – plus a little time to collect and organize my thoughts — I’ll present some cursory insights that will alter your views of branding for years to come.

    Write Steve@WhatsTheIdea.com