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Keys to Effective Brand Building
By Jeff Hilton, Integrated Marketing Group,
2003
In
today's volatile economy and competitive marketplace, building a strong
brand personality and compelling product positioning
has never been more important or at the same time more
difficult to accomplish.
Branding 101
Branding is much more than simply coordinated marketing
activity. Branding is the consistent and creative use
of all available corporate communications vehicles to create a focused
product position
and key selling message in the mind of the customer or
consumer. It involves the advertising, public relations and sales
promotion disciplines,
along with customer service, sales and Internet marketing.
Your customer's perception of your product or service is constantly
in flux, changing
and evolving with every competitive move and shifting
trend. A strong branding effort must be focused and persuasive, but
most of all consistent.
Why Branding Matters
Stop thinking of yourself as a manufacturer or supplier--put
on your consumer hat for a moment. Each day you are exposed
to approximately 4,500 marketing messages or impressions,
each one struggling for your
attention. Which do you respond to? Which do you recall?
Most likely, you will remember those that reach you with
a singular and focused message
that is communicated frequently. For example, Travelocity.com
owns the radio airwaves with one message: save money
on travel. Altoids has spent
million of dollars in print magazines convincing us that
it offers a curiously strong mint.
Over time, these messages and others like them become
part of our culture and inevitably impact our purchasing
habits. We all know that brand loyalty is at an all-time
low, and price sensitivity
abounds. When the consumer approaches the retail shelf
and surveys multiple similar products all priced within
reason, she will make a purchase
decision based upon which brand has carved out a distinct
niche in her mind. That's why branding matters.
What
Results Can I Expect?
Consistent, effective branding accomplishes several important
objectives:
1. It will generate increased sales over time. The
key words here are "over time." Manufacturers and suppliers
get tired of their marketing messages much sooner than
the consumer. That's an important but dangerous insight,
because it causes marketers to change
their approach every time they get bored or the competitive
wind shifts. And usually they are not asking the consumer
how they feel about changing
the message. The best advice is to stay the course and
listen to the consumer.
2. It helps to improve and focus
the creative product. If your message is single-minded,
the packaging and advertising
and brochures you create will naturally be more powerful
and compelling to your customers.
3. It helps build internal
team morale, communication and output. Basically, effective
branding puts everyone in the company on the same page
and helps to build unity
and support.
4. It clarifies and reinforces consumer awareness and
attitudes.
5. It builds long term brand awareness, preference
and loyalty for your products.
6. It adds "value" to your product positioning. This becomes
particularly important for above-parity priced products
where the consumer requires additional incentive to pay
a little more for a superior brand.
In the Nico-Rx® smoking cessation
campaign shown here, we created a unique advertising
identity for the brand which then
carried over to displays and other point of purchase
materials. This helps to reinforce
key selling points and design elements with the consumer
at various points in the purchase cycle.
What Makes Branding
Tough?
Lack of money. Branding takes a lot of it.
It also requires an "investment mentality" that allows you
to forgo immediate profits to generate a greater return
in the long haul. You can drop
coupons and run promotions and get a quick "bump" in sales
every month, but that creates an expectation on the part
of the retailer and consumer that you will always be
on deal. Unless you are educating
them about what your brand stands for, consumers and
retailers will eventually pass you by for the next hot
discounted competitor. Short-term
sales spikes can be deceiving. What are you doing to
build your long-term business?
Lack of patience. Branding
takes time. If you don't plan to be in business in five
years, then save your money
and stop reading.
Lack of vision. If you don't have it, hire it.
Too much competition. It's out there in abundance in
every category and it's getting worse. Successful natural
products companies learn to compete harder and smarter.
Consumers
are older and better educated. As a result, they are
more discerning and sophisticated, and they
have increased options and places available to buy.
Start
Today To Build A Stronger
Brand
It's not too late to begin building a stronger brand
identity. Here are some things you can do immediately:
Know
your customers. Research their needs and preferences.
Talk to them in focus groups. Include a short survey
packaged with the product and offer a $2 rebate for those
who send it in. Post a survey
on your web site and offer a coupon to those who complete
it.
Define "marketing" in your organization. Many
companies have a narrow view of marketing. Every form of outreach to
your vendors, your trade customers and your retailers
is part of your
marketing effort.
Each must be considered when determining how to talk
about your brand.
Centralize your marketing efforts. Consolidate
your marketing activity with fewer partners, or bring
those partners together on a regular basis to share the
vision. Internally, someone must champion
the cause of coordinating marketing messages for consistency
and focus. Identify that person.
Put enough gas in the
car. Unless you can spend 10 to15 percent of net sales
on brand building (and even
more
in the early stages), you might be better off investing
your money elsewhere until you can.
Utilize the Internet. As household penetration
increases over the next few years, more and more consumers
(and retailers) will be purchasing products online.
Do you have an Internet strategy? With
more than 200 million users currently online, can
you afford not to? The Internet is changing the
way people shop. There are basically two
types of people on the Internet: those who are
spending money and those who are making money. Which
will you be?
Sharpen your creative message. Find examples
of all your ads and brochures and press releases and
packaging and merchandising materials. Now look at
them as one unit. Do they speak with one voice?
Granted, they may promote different products
and services within your line. But do they look like
they came from the same company? Do they
communicate the same core message about what
your brand name stands for? If so, congratulations.
If not, you've got some work to do. Don't
be too proud to look for outside help.
Nothing is more important yet more difficult
than building brand identity for your products
and services. Resolve to start now. Invest the time
and money—and don't
look back.
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