Archive for August, 2010

Branding: It’s the Muscle in Marketing

By Eleanor Haas

“In the end there
is no brand until the clients recognize it after it has been marketed.” So said
a dear friend as we debated start-up priorities.  To him, branding appears to be fluff and of
no consequence to a start-up.  But even friends
as smart as this one can be wrong.  In
this case, my friend has confused brand image with the branding process.

He’s
absolutely right that brand image exists solely in customer minds, the result
of repeated experiences with the brand, and marketing is generally key to
building brand awareness, if not brand preference.

But there can
be no effective marketing until you’ve laid the strategic base for it with
branding.

Marketing consists
of techniques and tactics that drive sales.  Branding is the business strategy that grows out of the art of differentiating your
business, your product or service in a compelling way.  It’s the strategic process that gives
direction to marketing and makes differentiation actionable.  Without differentiation you’re just a
commodity with no choice but to sell on price.

“Think Different” epitomizes
the branding strategy that enabled a computer hardware company to turn its
reputation around by differentiating it from dozens of competitors.  Establishing a brand image as an innovator
and supporting that with one innovative product after the other turned Apple’s
business around beginning in 1997.  The
ad slogan would be no more than clever words without the brand strategy behind
it. 

Blue Ribbon
Sports was just another athletic shoe company until it developed the branding
strategy that made it the company we know of as Nike today.  Nike was the Greek goddess of victory, and
that was the image the company used to differentiate its products – first, by
naming its first shoe design Nike, then changing the company name to Nike and,
soon after, beginning to sponsor professional athletes.  Marketing led to the great “Just Do It” ad
slogan in 1988 and the rest is history.

Cadabra, one
of the early online bookstores, designed a strategy of diversification,
choosing to symbolize its vision with the name of the world’s largest river,
Amazon, and then living up to that name to become the country’s largest
retailer.

So, think different – just do
it – become the biggest, the best or both by differentiating your business with
the right brand strategy and then implementing this with effective marketing.

Future Shock “Deja Vu All Over Again”?

By
Eleanor Haas

Being
“in transition” – i.e., jobless – becomes an everyday occurrence and socially acceptable.

Therapy
loses its stigma but is being rapidly overtaken in popularity by reinvention.

Happiness
is increasingly linked to experiences, not having things.

Collaborative
interaction for the good of others, both online and off, is finding a place
alongside, even instead of passive TV viewing or addictive electronic games.

Big
money and fame cause both superathletes and superbankers, first, to lose touch
with reality and then to fail as people and superstars

Environmental
sustainability, a radical, controversial new idea 40 years ago, becomes a basis
for companies to increase sales in an economy where others are in decline.

Starting
a business either to support a lifestyle or to build something with growth
potential becomes commonplace.

Authenticity
– speaking truth in a human voice – becomes a widespread marketing standard,
replacing hype for thousands, perhaps millions of people.

Obesity
becomes a national trend – but so do fitness and yoga.

“Future
Shock” was Alvin Toffler’s phrase for the state of mind of people and societies
in the 1970s as they experienced "too much change in too short a period of
time.” Yogi Berra’s immortal phrase comes to mind because the same thing seems
as true today as it did then.