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April 26, 2016

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Are you using the words “brand” and “strategy” properly? | Part Five

Part 2: “perceived in the minds and hearts of the consumer”

The image of the brand is no longer owned by the brand, if it ever was owned. At best, we can send out brand messages but the consumer still gets to decide whether or not those messages fit with their perception of the brand. I always say “there is truth in advertising, because all un-true messages are rejected by the consumer”. Too many Brand Leaders go rational, but the reality is that brands are 50% rational and 50% emotional. With social media, the consumer has even more ownership over the brand’s image as their own messaging now carries more weight than your basic TV ad. This is called co-creation, where both you as the brand leader and the consumer own the brand messaging together. I believe Brand Managers should make the choice to represent their consumer back to the brand, rather than representing the brand out to the consumer. You should act as the consumer advocate, telling your brand what your consumer wants.
Part 3: “consistently delivered by the brand’s experience”

A brand really is a stamp that ensures consistency. Before Kellogg’s decided to brand their own corn flakes back in 1906, consumers would go into town and scoop out corn flakes out of a bin, with a random experience because who knows which farmer made them that day. But now with Kellogg’s the consumer could expect the same experience in every bowl. Fast forward today, as the landscape is even more competitive and the brand experience is everything. Look at the amazing brands in the market place, like Starbucks, NFL, Disney and Apple and you’ll see each brand backs up their brand promise by constantly over-delivering upon the expectations. As brands hit the loved stage, making sure you nail the experience helps re-enforce loyalty and builds brand rituals into the lives of consumers.
Part 4: “creating a bond, power and profit, beyond what the product itself could achieve”

The most beloved brands are based on an idea that is worth loving. It is the idea that connects the Brand with consumers. And under the Brand Idea are 5 sources of connectivity that help connect the brand with consumers and drive Brand Love, including the brand promise, the strategic choices you make, the brand’s ability to tell their story, the freshness of the product or service and the overall experience and impressions it leaves with you. Everyone wants to debate what makes a great brand–whether it’s the product, the advertising, the experience or through consumers. It is not just one or the other–it’s the collective connection of all these things that make a brand beloved.