Wednesday, August 20, 2008

Packaged Goods Reign Supreme

Earlier this year, Harris Interactive held their latest brand equity study. This study, which has been held every year for 28 years, measures brand equity ratings across 39 categories on 6 different factors utilizing around 1,000 products for the survey. The report on this year's study revealed that by and large, consumer packaged good brands reign supreme over all others; 9 out of the top 10 brands can be found on supermarket shelves and of those, the newest brand is Duracell, introduced in 1964.

Should we be surprised by this? Probably not. Although there may be stronger or more well-established brands out there, these are the ones that pour billions of dollars every year into mass-media advertising, sponsorships, and promotions. Couple that with the fact that these 9 brands have all been around for 45 years or longer to build up their equity, it stands to reason that when it comes to consumer rating, these packaged good monoliths stand above all others.

Brand equity is an interesting measurement. I think this study proves that, if nothing else, it is a good indicator of how longevity and steady consumer exposure trumps marketing stunts and flash-in-the-pan bursts of advertising. Recall, however, that brand equity is a measure of the value of a brand, and not necessarily its effectiveness. For most product and organizational brands, the ability to offer a consistent and strong customer experience and attract new business is always going to be more important than that brand's intrinsic value.

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Tuesday, June 10, 2008

You Are A Brand Ambassador

Presentation is critical because as an employee, you are a brand ambassador.

Body language, posture, what you say and how you say it—these are all extensions of your brand, like it or not. Every time you interact with another person with respect to your business or organization, you are representing the brand. Think about a time when you’ve dealt with some miserable sod at a store or restaurant. Kind of ruins the experience, doesn’t it? That’s the importance of being a good brand ambassador.

Being a brand ambassador is in the conversations you have at parties with new acquaintances who ask for your card or over the phone with potential clients. The way you talk about your job and organization should be consistent with the brand; if the brand is intellectual and high-end, so must you act; likewise, if the brand is young and fun. Imagine your impression of an executive from Chuck E. Cheese who droned on about the statistics of their token-based system in a droll, Ben Stein-esque voice.


Technically, you are a brand ambassador at every moment of the day, but I think it goes without saying that when you’re not at the office or at work functions you can relax and not worry about portraying the brand. But remember, when you’re out with your friends and laughing it up, you never know when you’ll meet that million-dollar client. Keep your ambassador face ready for deployment at a moment’s notice.

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Tuesday, June 3, 2008

Written Branding - Taglines

When thinking of branding, most people only think of the visuals. But there is another side—the writing. A slogan or tagline is usually the first noticed form of written branding because it is marketed the most, usually alongside the logo.

With a proper tagline, the goal is get communicate a key brand takeaway in just a few words. Cliché or overused phrases like, “The best customer service in town,” is a poor choice. Everyone says that. Come up with many ideas and discuss them with others. Settle on something that says something important and unique about the brand.

More established taglines don’t always tell the customer about the company or product directly, but more how it will make you feel. A good example is McDonald’s “I’m lovin’ it,” slogan. It tells the customers that they are going to have a great experience. Energizer’s “Keep going” slogan ties directly to the iconic pink rabbit that never stops moving. It illustrates something about the products instead of just stating it.

Not every brand needs a tagline or slogan, so make sure it makes sense before you undertake the task of developing one. If you have mass-market approach, heavy customer contact, or other outreach marketing program, this could be a tactic that works for you.

Come back tomorrow to learn others ways that written branding matters.

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Monday, May 26, 2008

Clarity though definition

Where does word brand come from?

It first appeared in the epic Beowulf around 1000 as bronde. Like many words the last e was dropped during the middle ages. It was the late 1500s before the a replaced the o.

Since the first recorded use of the word, brand has meant some result from fire, burning or marking. Branding was, and still is, a way to make other people know that something was yours and not theirs. Though not the most pleasant picture, think of a rancher using fire and iron to put his mark (his brand) on his livestock. That way even if they wandered away, the rancher could prove they were his property. In the most basic sense, fire in the country brough about this whole branding business.

The 20th century brought about the change from branding belongings to branding products and companies. The definition has changed from “this is mine and you can’t have it;” it has transformed to fit the society’s current needs. Now branding is about presenting your company and wanting others to be a part.

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Tuesday, May 20, 2008

Branding, as defined by Webster

Branding as a basic concept is not hard to describe. Miriam-Webster says it pretty well, but breaks a rule from my fourth grade vocabulary class—defining a work with the same word:

brand•ing \ˈbran-diŋ\ : the promoting of a product or service by identifying it with a particular brand
brand \ˈbrand\ a: a class of goods identified by name as the product of a single firm or manufacturer b: a characteristic or distinctive kind

However, like any industry branding change and evolve. This blog will comment on recent trends, branding success and failures, the importance of a good brand, and ideas to help you apply this multifaceted process to your work.

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