Eleven Branding Lessons: Keeping a Sharp Eye on Your No.1 Asset

April 19, 2016/0 Comments/in Brand Audit, Brand Auditing, Brand Audits, Brand Collateral, Brand Health Check, Brand Name Creation, Brand Name Origination, Brand Personality, Brand Relaunch, Brand Relevance, Brand Reputation, Brand Research, Brand Risk Management, Brand Risk Mitigation, Brand Strategy, Branding, Customer Engagement, Rebranding Mistakes, Situation Analysis /by Lorraine Carter

Once the heavy lifting in creating your brand is done, basic care and ongoing maintenance to preserve and protect it must not be overlooked. “Nurture your brand as you would a child,” says brand expert Jagdeep Kapoor, author of the bestselling “Twenty-Four Brand Mantras.” Just like all living things, a brand requires nurturing to remain healthy and to grow.

From creation through to end-of-life, a brand can encounter unexpected challenges arising from all sorts of corners, not just from the competition. From a poorly planned campaign to a corporate takeover, and from an outspoken CEO to a badly chosen name, a few examples that made recent headline news are worth a closer look to form takeaways and lessons learned for brand owners and managers everywhere.

Case Study: Rhode Island Is Not Iceland – Tourism Campaign Has Too Many Mistakes, Says Governor

America’s smallest state ought to know that details matter. When Rhode Island set out to create its new $5 million integrated tourism and new business promotion campaign, big guns were brought in. Who better, you might think, than Milton Glaser, the graphic designer who created the iconic I ❤ NY campaign?

Lesson #1: Politics matter! Milton Glaser and Havas PR North America, chosen for the PR contract, are New York City firms, not Rhode Island firms.

The newly launched campaign featuring a slogan “Cooler & Warmer” left many people cold…and guessing. What does it mean, they queried across social media channels. One Commerce Corporation board member said he saw “no emotional connection” and “no personal brand to the state or the people.”[1]

An ATOM Media executive in Providence, RI said, “Usually a slogan is something that people know instantly and understand. I think the fact that you need to explain it could be a little problematic.”[2] That sentiment was echoed by the owner of a Newport, RI marketing and graphic design agency, who said the slogan, “Doesn’t make any sense to me. In order to create a good tagline you have to have a brand strategy.”[3]

Lesson #2: Brand strategy comes before name, tagline and logo creation.

Lesson #3: Graphics must reflect and express a brand’s persona, and that must be one that resonates with people, not one that needs to be explained.

Lesson #4: Social media matters! A tagline containing a special character or symbol (such as the ampersand in Cooler & Warmer) won’t function as a hashtag[4]. Ever.

That wasn’t all. A YouTube video released with great fanfare was yanked within 24 hours when it was pointed out, “Hey, that’s not Rhode Island — that’s the Harpa concert hall and conference center in Reykjavik. Iceland.”[5] Other footage featured a highly acclaimed restaurateur who had already moved his operation to Boston. And the video also claimed 20 percent of America’s historic sites are in the little Ocean State, when it’s actually 2 percent.[6]

This was the ‘alternative’ Rhode Island Cooler & Warmer ‘spoof’ version produced by The Wonderful Show!

Lesson #5: Accuracy matters! The state’s marketing director resigned. Media partners are returning their contract fees to the taxpayers. Cooler & Warmer was scrapped.

After an initial attempt — picked up internationally, even by The China Post[7] — Governor Raimondo took a different tack at a news conference, saying, “One of the things I’ve learned from listening and engaging with people is that there should’ve been more public participation in this thing from the get-go.”[8]

With that in mind, Newport Buzz posted a public contest, pitting “Cooler & Warmer” against the previous slogan, “Discover Beautiful Rhode Island,” and a local amateur entry, “Sea to Believe.” With 15,000 votes in so far, the local resident’s idea is clear away the favorite with 80 percent, versus the traditional one at 18 percent and the costly new-fangled entry coming in dead last at 2 percent.

Lesson #6: There’s no room for ivory tower decision-making. Consultation is critical, brand audits are essential.

More Takeaways: All brands should consider geographical location of their contractors and supply chains when performing due diligence in order to avoid potential embarrassment. The look and feel of the brand via tagline, logo, adverts, all brand collateral, media and all touchpoints must resonate with its audience, make an emotional connection and be authentic. The importance of fact-checking and the need to eliminate exaggerated claims cannot be overstated. Handle a brand crisis with carefully thought-out strategy, not something to poke fun at.

Case Study: Brand Takeover – Richard Branson Reacts to Virgin America Sale

Sir Richard Branson is himself a brand who runs a brand that has sub-brands. The self-made billionaire wasted no time addressing the Alaska Airlines purchase of Virgin America — just in case of any tarnish rubbing off on the overall Virgin brand name.

Image via www.virgin.com and Virgin America

Well aware of the fierce loyalty of Virgin America fans for what they consider a superior product at parity prices, Branson let everybody know, “I would be lying if I didn’t admit sadness that our wonderful airline is merging with another. Because I’m not American, the US Department of Transportation stipulated I take some of my shares in Virgin America as non-voting shares, reducing my influence over any takeover. So there was sadly nothing I could do to stop it.”[9]

Lesson #7: Confront a brand crisis. Deal with it, manage it, communicate about it professionally and do not hide from it.

In a statement that’s a pleasure to read in its entirety, due to the passion readers can sense, Branson goes on to discuss the importance of the brand, “…once Alaska witnesses first-hand the power of the brand and the love of Virgin America customers for our product and guest experience, they too will be converts and the US traveling public will continue to benefit…”

Even in the face of a forced merger, the rest of the Virgin brand received immediate reinforcement from the top. “Our Virgin airline has much more to do, more places to go, and more friends to make along the way,” Branson stated.

Lesson #8: Find the silver lining. Notice how Branson uses this corporate takeover event as an opportunity to reiterate the ongoing benefits of a Virgin travel experience.

Case Study: Tarnished Brand – Trump Empire?

In his run on the US presidency, Donald Trump’s raucous attention-grabbing style and statements is affecting custom at Trump Collection branded apartment towers, hotels, resorts and golf courses.

Image via http://www.npr.org

Polling and consulting firm Penn Schoen Berland survey results found that 45 percent of respondent US residents with annual earnings of $200,000 or more will make a point of not visiting a Trump hotel or golf course over the next four years. Within that group, 77 percent indicated they would actually boycott the Trump brand.[10]

Lesson #9: From the CEO to front line employees to the back of the house operation, your brand is represented by everyone in each and every customer (and potential customer) interaction. Everyone is, or should be, an ambassador for your brand.

Case Study: Stay Relevant, For The Times They Are A-Changin’

In the 1980’s, four-time Olympic diving gold medalist and five-time world champion Greg Louganis was passed over for one additional honor — an appearance on the Breakfast of Champions Wheaties Legends cereal boxes. Louganis is openly gay, HIV-positive and an LGBT activist. He is also “widely viewed as the greatest diver in the history of the sport,”[11] according to a recent communication from the Wheaties maker, General Mills.

Calling it “a ground swell of love,” Louganis told Hollywood Today that a petition signed by 40,000-plus people brought the oversight to the attention of General Mills. At age 56, Louganis joins a highly decorated Olympian swimmer and hurdler, a woman and a black man, in the brand’s revamped Wheaties Legends series packaging, available on the grocery store shelves (one million boxes!) from May 2016.

Image via http://www.blog.generalmills.com

Lesson #10: A brand needs to stay relevant to stay alive. The brand must respond to feedback and act to correct an out-and-out mistake.

Case Study: What’s In a Name – Law School Learns to Study Harder

Experts highly recommend that even the smallest of brands invest time and effort in getting a name right from the start to avoid potential legal issues and massive upheaval if a change is required. That advice takes into consideration everything from spelling to acronyms to trademark and domain name. Later, a brand might tweak a logo, revamp packaging design, shift media channels, or even undertake a rebrand if necessary.

AdWeek reports that a recent study by U.K. research firm MillwardBrown found “many brands that change their names can expect an immediate 5 to 20 percent drop in sales, and that the new brand image ‘may not be as strong as it was before.’”[12]

After U.S. Supreme Court Justice Antonin Scalia passed away in February, George Mason University outside Washington D.C. renamed their law school after Scalia upon receiving a $30 million gift to do so.

Several tweets later[13], the school realized the awkward acronym they’d created and made a swift change away from Antonin Scalia School of Law, or ASSOL.[14] A crisis was averted at Antonin Scalia Law School before any signs went up or ribbons were cut.

Image via https://www2.gmu.edu

Spelling Counts: When Small Brands Make Big Mistakes

Branding experts point out that misspellings, bad foreign language translations and tricky signage is an area frequently causing trouble at small companies which attempt an in-house branding effort. Even big brands don’t always get it right, with sometimes alarming results.[15]

Amusing examples can occur when random neon lights fail and the Essex House becomes Sex House and Dynasty Restaurant becomes Nasty Restaurant.

Image via Reddit

Even an airport parking garage can be considered part of the airport’s brand. Here’s a curious example of why details matter, right down to vetting your contractors and proofing the signage.

Image via Reddit

Lesson #11: Seek professional assistance in naming a brand to avoid potentially disastrous errors and oversights.

Questions to consider:

• Would you agree that branding is even more important and valuable for small businesses than it is for big companies?

• Have you fully addressed your brand profiling, positioning and brand strategy prior to jumping into logo design or tagline development?

• Have you considered consumer research and due diligence of supply chain as part of your brand audit prior to brand launch or re-branding?

• Have you fully considered and defined differentiation within your brand? How is your brand really different distinctive and memorable?

• Have you determined that your brand rings true and authentic for its target audiences? Have you developed you purchaser personas for each of your different customer types?

• Have you seen other examples of common mistakes amongst other brands that you can learn from?

[1] http://pbn.com/Commerce-RI-board-member-Throw-Cooler-and-Warmer-slogan-out,113203

[2] http://turnto10.com/news/local/ri-commerce-corp-releases-state-promotional-video

[3] http://pbn.com/Commerce-RI-board-member-Throw-Cooler-and-Warmer-slogan-out,113203

[4] http://mashable.com/2013/10/08/what-is-hashtag/#tQ14Pph.xuqT

[5] http://www.theguardian.com/us-news/2016/mar/30/rhode-island-tourism-video-mistakenly-features-reykjavik

[6] http://www.abcfoxmontana.com/story/31604583/rhode-island-governor-says-iceland-video-may-draw-tourists

[7] http://www.chinapost.com.tw/life/offbeat/2016/04/01/462288/Rhode-Island.htm

[8] http://wpri.com/2016/04/01/ri-chief-marketing-officer-resigns-after-cooler-warmer-debacle

[9] https://www.virgin.com/richard-branson/virgin-america

[10] http://www.npr.org/2016/04/05/473146450/how-will-trump-the-brand-survive-trump-the-candidate

[11] http://www.blog.generalmills.com/2016/04/evans-louganis-and-moses-get-wheaties-honor

[12] http://www.adweek.com/news-gallery/advertising-branding/11-brand-names-simply-couldnt-survive-times-163440

[13] http://fortune.com/2016/04/06/antonin-scalia-school-of-law

[14] http://www.cbsnews.com/news/antonin-scalia-school-of-law-renamed-due-to-awkward-acronym

[15] http://blog.hubspot.com/marketing/spelling-grammar-mistakes

Brand Promises: How to Craft, Articulate and Live Them for Brand Success

March 22, 2016/0 Comments/in Brand Ambassador, Brand Audit, Brand Auditing, Brand Audits, Brand Champions, Brand Culture, Brand Experience, Brand Health Check, Brand Loyalty, Brand Personality, Brand Profiling & Positioning, Brand Promise, Brand Values, Branding /by Lorraine Carter

According to a Gallup study of nearly 18 million people, most customers say brands don’t live up to what they promise. [1] Many are also disengaged with their respective brands, and consequently not loyal to them either. Here we take a look at how to create, develop, share and authentically live out and deliver on your brand promise to help you thrive in the marketplace and increase your profitability.

Image via www.gallup.com

What is a Brand Promise?

Your brand promise is an extension of your brand’s positioning, and can be explicitly spelled out, or manifested in more subtle ways. A compelling brand promise contains tangible emotional benefits, which in turn stimulates desire amongst its target audience.

Furthermore, a strong brand promise establishes expectations by informing customers on what the brand stands for and what it represents. [2] Sometimes the brand name in itself conveys the promise. Consider that most people hear the word “Cadillac” and instantly think of an upscale car.

Brand promises can also be communicated through symbolism such as the signature aqua blue associated with Tiffany’s jewelry. Before even opening the box, recipients anticipate that the item inside will be luxurious. The colour has been given meaning by what the brand stands for and the promise it consistently delivers.

Image via www.tiffany.com

Familiarity is also a major aspect of the brand promise.[3] When people see the golden arches of a McDonald’s restaurant sign, they expect the brand to deliver on its promise of uncomplicated fun. This is underpinned by good service and convenient food — all of which is a consistent experience of simple, easy enjoyment regardless of McDonald’s location.

Making Your Brand Promise

Your brand promise should be easy for customers to understand, and very relatable. Most importantly it should be livable on a daily basis within your organization. As customers’ tastes and expectations change, your brand promise may need to evolve over time too. Your brand promise can transform as your brand adapts to the changing market but should remain true to your core brand DNA. [4] Ideally, customer expectations should be mirrored to whatever your brand promise consistently delivers.

Brand promises should be emotionally compelling, and exciting.[5] Consider the brand promise conveyed when families book trips to Disney World, often referred to as “The Happiest Place on Earth.” Travelers who are Disney World-bound expect a promise of stress-free, fun-filled happy adventures where memories are created and shared.

You must be able to succinctly describe the emotional benefit your brand fulfills when developing a brand promise. What can your brand deliver that’s perceived to be totally different to your competitors. Consider this in terms of your brand experience, personality, mission, values, brand story and so forth. This process, known as brand profiling, will help you evaluate which human needs or desires are most relevant to your purchaser personas or customer avatars so you can develop your product or service to really meet their needs. Some examples include:

Need to belong
Desire to do feel; good, healthier, beautiful, intelligent, worthy, smarter etc.
Desire to have; fun, adventure, excitement, relaxation, challenge
Need to get necessities without hassles
Need to get items at best price available
Desire to be admired by peers; status symbol, trend-setter etc.
Need to have a solution which solves a particular problem
Want to have something that intuitively works

The emotional rewards combined with rational benefits, all perceived to be delivered in a way which is incomparable to your competitors, are what contribute to a compelling brand promise. However, you also need to ponder factors such as your commitment to customers, your customer service and the customer journey and which elements contribute most to customer loyalty and ultimately the creation of brand advocates.

Articulating Your Brand Promise

Your brand promise may be communicated through a snappy tagline that emphasizes what people can expect.[6] In the 1980s, Federal Express set expectations about delivery speed with the tagline, “When it absolutely, positively has to be there overnight.” That’s an example of a very bold brand promise. However, you also may find it advantageous to utilize a more ambiguous approach. Apple did that with their “Think Different” tagline that was open to various interpretations.

A brand promise and a tagline are not the same thing. However, a tagline can be useful for communicating what your brand promise says in a distilled way that’s easy for customers to understand, remember and refer.

Although it is important for a brand promise to be communicated to customers, it must first be internalize amongst your team because staff members are your best brand advocates. Most importantly if your staff and stakeholders don’t fully understand and live your brand promise, your external market — your customers won’t either, which leaves you at risk of being just another generic commodity and failing to meet expectations. [7]

Conduct a brand audit health check to evaluate how well aligned (or not) your internal team are with the external market. If you uncover weak points in your brand culture and misconceptions about your brand promise, you’ll be empowered to implement internal changes with brand induction and training.

In addition to educating employees about your brand promise, you also need to make them feel invested in it as an important part of the whole entity where their contributions are key to the greater good and brand success, so they care about the emotional needs your brand promise fulfills.

It’s essential to create an emotional brand attachment with your customers, as well as with your employees otherwise they won’t be effective brand ambassadors or properly represent your brand. They are in effect the living embodiment of your brand so their understanding, internalization and commitment to living what it stands for and delivering on your promise is critical to your brand success and long term business growth.

Remember, fundamentally people buy products or services with emotion first and justify with rationale afterwards, regardless of gender or cultural background, so you must touch the heart to move the mind.

When being communicated to customers, the brand promise should have a genre that can be expressed through audible and visual cues.[8] For example, the grocery store Trader Joe’s has the unusual genre of a trading post, and promises it has a team of people who search the globe for high-quality products backed by an impressive guarantee.

Your brand promise should also have a unique voice that defines and expresses the brand’s character or personality. When the brand promise is associated with a strong voice, it becomes more relatable and memorable.

Communicating your brand’s promise effectively means being consistent when attracting customers’ attention, educating them, stimulating desire and converting them into paying individuals. If your ideal audience are effectively engaged at each stage, it’s easier to communicate your brand promise in a worthwhile and profitable way.

Finally, your brand promise should be communicated consistently and congruently across all brand touch-points.[9] You may choose to share it through social media, direct mail brand collateral or your website amongst others. Most importantly it should be a ‘tangible experience’ throughout your whole customer journey, particularly where physical connecting occurs such as over the phone or face-to-face. It should be an emphatic part of your brand experience, be that in the office, on the show room floor or in your physical outlet or store.

Living Your Brand Promise

When evolving or discussing your brand promise with your team, always aim to do so face-to-face and provide opportunities for engagement and feedback.[10] Also, provide direction and suggestions on how staff can personify your brand promise at work amongst themselves and when interacting with customers, through your training and brand induction programmes. Explain and demonstrate that living your brand promise is not a one-off activity, but an integral part of how you do things. When the brand promise is lived out internally, it naturally gets far more effectively expressed to and experienced by external customers simultaneously. [11]

Be intentional about showcasing your brand promise to customers through your company brand culture. Rather than leaving things to chance, keep channels of communication open, and accept that your brand promise may evolve over time. If you discover your brand is not living up to its promise, considering engaging external professional assistance to help you re-evaluate your whole brand offering using tools and systems like a brand audit health check and brand profile development with a system like the Personality Profile Performer™ to improve matters.

Now that you’re aware of what a brand promise is, and how to create and authentically live it, let’s look at brands that have succeeded in developing compelling brand promises and delivering on them consistently and successfully.

CASE STUDY: Saba Restaurant, Dublin

Saba is widely regarded as being the best authentic Thai and Vietnamese Restaurant in Ireland with an impressive and very extensive array of national and international awards — which are constantly being added to.

Saba means, ‘happy meeting place’, so the brand’s primary aim and promise is to provide really happy experiences for its customers, the kind that mellow into happy memories. This is at the heart of the Saba brand promise and an integral part of the brand culture, which can be tangibly experienced at every stage of the customer journey from initial booking to front line staff interactions at their multiple locations. And the Saba staff are very congruent in the experience they provide to their customers.

Image via www.sabadublin.com

With a very strong commitment to developing his team, Paul Cadden, founder and owner, ensures his team are really well trained throughout the business. The fact that Saba has some of the highest retention rates in the industry is a testament not only to Paul’s remarkable vision but to the genuine commitment of all his team.

Image via www.sabadublin.com

Every team member knows what the brand stands for, their brand promise and genuinely live it internally amongst themselves and proudly ensure its central to all their customers interactions and experiences with them — all of which is evidenced not only in the countless awards received but in the hundreds of customer reviews and testimonials given.

CASE STUDY: Big Blue Whale Toys and Curiosities

This Houston, Texas-based small business delivers the brand promise through the descriptor, “A Magical Place to Find Classic, Hard-To-Find, and Handmade Toys in Houston, TX”. Although its website is basic, it offers a photo gallery that clearly depicts the inviting shop.

Bursting with items for the young and young-at-heart, the photos demonstrate shoppers do indeed have a very good chance of locating toys they couldn’t find elsewhere. The ocean-themed windows also help entice people to come and indulge their curiosities by wandering around this “magical place” that lives up to expectations. The shop has even been recognized by Business Insider as one of Houston’s coolest businesses. [12]

Image via www.houstoniamag.com

CASE STUDY: Ace Hardware

Ace Hardware’s brand promise is as follows: Deliver helpful, neighbourly service to every customer—every time. Although the brand has always prided itself on excellent service, it has more recently begun expanding on the “neighbourly” aspect.

The brand now offers same-day service to homes that are within 15 miles of local stores when orders are placed by 13:00p.m. That perk is very attractive and compelling for customers embroiled in home improvement projects, or can’t fit bulky items into their vehicles.

Image via www.mesquitelocalnews.com

CASE STUDY: Tourism Vancouver

The brand promise of this tourism board is “The Vancouver experience will exceed visitors’ expectations. We will deliver superior value in a spectacular destination that is safe, exciting and welcoming to everyone.”

This organization has created a “brand toolkit” to help other businesses live the brand promise, and thereby promote Vancouver as a great place to visit. The company also holds an award ceremony to recognize outside parties that are delivering on the brand promise with excellence. The brand promise is emphasized through an extensive collection of media clips, including some that show how Vancouver can be exciting even if people are visiting for business reasons and not only pleasure.

Image via www.discovervancouver.ca

Now that you have a better understanding of what a brand promise is, how to create one, and why it’s essential to your brand success, hopefully you’re on track to not only make promises, but keep them and indeed deliver them in an unforgettably way. If you can do that, customers will thank you not only with their loyalty but also through referring and sharing your brand too.

Key Takeaways:

Your brand promise can be explicit or subtle, and may change as customers’ needs evolve.

Brand promises most effectively relate to emotional needs customers want fulfilling.

Your brand promise, customer experiences and expectations should be fully integrated and congruent.

Consistency is essential throughout every touch-point and communication when fulfilling your brand promise.

Employee commitment, brand induction and training are critical for effectively communicating and upholding your brand promise successfully.

Questions to Consider:

• What’s at least one emotional need your brand meets better than you’re your competitors? Have you developed your brand promise fully using the brand profiling process?

• How are you ensuring your employees’ perceptions of your brand promise are fully understood, congruent, authentically lived and effectively delivered throughout your organisation?

• Which channels are the most effective to communicate your brand promise to your customers and enhance their experience with your brand?

• Consider an occasion when a brand you love did not live up to its promise, how are you going to ensure your brand never falls foul with the same kind of disappointment?

• How are you connecting your brand promise to your existing company brand values, as Ace Hardware did? Have you considered or recently conducted a brand audit health check to evaluate how well your brand is performing, where it could do better and where new opportunities lie?

Brand Profiling: How Brand Performance and Purpose are Inextricably Linked

Rebranding Strategy: Why Your Rebrand Must Embrace Storytelling

Brand Profiling: How to Use Emotion to Make Your Brand More Profitable

Brand Audits: 10 Things Successful Brand Owners and Managers Must Know

Brand Revitalisation and Relaunch: The do’s and don’ts of doing it successfully!

Brand CSR: The Business Case for Successful Branding and Social Good

Top 10 Brands for Customer Experience and What You Can Learn From Them

Co-Branding: 13 Tips for Growing Your Brand Through Strategic Partnerships

The Power of Disruptor and Challenger Brands

[1] Ed O’Boyle and Amy Adkins, http://www.gallup.com/ “Companies Only Deliver on Their Brand Promises Half the Time,” May 2015.

[2] Susan Gunelius, http://www.aytm.com, “Brand Promise – How to Make It and Keep It”

[3] Lee Frederiksen, “http://www.hingemarketing.com, “Elements of a Successful Brand 4: Brand Promise”

[4] Sree Hameed, http://www.forbes.com, “Your Brand Promise Can Create or Destroy Customer Loyalty,” June 2013.

[5] Sue Kirchner, http://www.theworkathomewoman.com, “How to Write a Killer Brand Promise That Helps You Stand Out from the Crowd”

[6] http://www.creativemporium.co.uk, “Branding Series (Part 2): Creating a Brand Promise,” July 2014.

[7] Susan Guneilus, http://www.womenonbusiness.com, “The Importance of Integrating Your Brand Promise Into Your Company Culture,” August 2013.

[8] Laurence Vincent, http://www.inc.com, “How to Bind Customers to Your Brand”

[9] John Oechsle, http://www.business2community.com, “How & When: Using Communication to Deliver on Brand Promise,” August 2015.

[10] Ashley Freeman, http://www.allthingsic.com “Nine Golden Rules to Help Live Your Brand Internally” April 2015.

[11] Chris Cancialosi, http://www.forbes.com, “The Secret to Faithfully Delivering On Your Brand Promise,” March 2015.

[12] Emmie Martin, http://www.businessinsider.com, “The 18 Coolest New Businesses in Houston., ” April 2015.

[13] Natasha D. Smith, http://www.dmmnews.com, “Ace Hardware’s Brand Promise is Its Strongest Marketing Tool” March 2015.

Rebranding: Crisis Recovery and Brand Rebuild

February 16, 2016/0 Comments/in Brand Audit, Brand Auditing, Brand Audits, Brand Health Check, Brand Relaunch, Brand Reputation, Brand Revitalisation, Brand Risk Management, Brand Risk Mitigation, Brand Strategy, Market Research, Situation Analysis /by Lorraine Carter

In the first quarter of 2015, SDL conducted a survey of almost 3,000 customers and found four out of five would walk away from a brand and never give it another chance after experiencing a major issue.

That statistic explains why some brands have no choice but to rebrand in an attempt to resolve crises. Furthermore, of the people who return to a brand after being let down, 59 percent of them show less loyalty than before. [1]

Have you given some thought to how to mitigate potential risks to your brand? Do you have an appropriate brand crises management strategy in place in the event of the untoward happening?

Here we’ll share with you some of the critical issues you need to consider both in terms of how to rebrand and rebuild customer brand trust after a crisis.

Reasons to Rebrand

This article will focus on the need to rebrand in order to make a strong comeback after a crisis. However, there are other reasons to tackle rebranding, including: [2]

Your audience is changing, and rebranding is necessary to maintain brand relevance
Desire to move into an international market
Outgrowth: You’ve outgrown your brand in its earlier context and need to align more closely to current, larger needs
Customers aren’t sure what you do or what you offer. Your brand lacks distinction or difference
Competitors are eating into your market and enticing customers away
Name change
Brand is outdated and lacks relevance
Innovation: New technology has changed your market and your brand needs to change with it

Preparatory and Recovery Measures to Minimize Crises

Although you can’t ascertain definitively when problems might occur and what they will entail, it’s important to be aware of the potential threats your brand might face. Those can be identified through a brand audit and SWOT analysis, plus customer feedback. Sometimes, potential threats become apparent because of mass cultural feedback.

CASE STUDY 1: Page 1 Solutions

In July 2015, a dentist sparked worldwide outrage when he went on a game-hunting trip in Zimbabwe and killed Cecil, a beloved lion. Although officials have concluded the dentist’s actions were legal and he cannot be charged [3], people immediately took to the internet to vent their extreme displeasure over Cecil’s death.

Page 1 Solutions, a marketing firm that had once represented Palmer, was caught in the fray. Even though the firm had not been associated with Palmer since 2013, the public accused Page 1 Solutions of trying to defend the dentist. [4]

The marketing firm’s president clarified Palmer had not been on the client roster for a couple of years. However, public outrage continued to affect the small business.

Page 1 Solutions released several subsequent statements, and members of the company’s social media team responded to messages personally. Other employees reached out to current clients and corrected misunderstandings. Local news branches were also contacted, and the CEO gave several interviews. Although company representatives say the unexpected catastrophe made their establishment stronger, they also recognized the need to develop a crisis plan for future issues.

Once you have identified potential threats to your brand, it’s critical to develop and document your brand strategy [5] to deal with them. Your crisis plan should include things such as:

A defined team to handle crises
A media coverage policy
Contact information and a contact log
Boilerplate information for press releases, plus fact sheets
A social media strategy

During the recovery process, the crisis plan should keep your actions purposeful and targeted, reducing the chances you’ll forget to attend to the needs and worries of stakeholders.

Focusing on the Desired Outcomes of Rebranding

If you’ve experienced a brand crisis, and post-event analyses indicates too much reputation damage has occurred to fully recover from, then it may be necessary to consider rebranding. However before you launch into a full-scale rebrand you need to determine what your desired outcomes are from rebranding your product, service or company. [6] Typically these might include:

Solve a problem that has tarnished the brand
Correct a damaging story that’s surrounding the brand
Disconnect from an association that is harmful or no longer meaningful or relevant from a customer perspective
Keep pace with competitors that are outperforming the brand

Actionable Strategies for Rebranding After a Crisis

Unintentional blunders are always possible during a rebrand if it’s not carefully planned, developed, managed and executed. You can minimize these oversights by integrating some of the steps mentioned below.

Decide if a Complete Rebrand is Truly Necessary

Depending on the severity of a crisis, it can sometimes be difficult to fully determine whether it’s better to fix the factors that have caused the brand to falter, or wipe the slate clean and start from scratch.

Making the choice can become even more difficult if a crisis has attracted a great deal of media attention. Independent external analysis can be useful to help put things into perspective so informed and unprejudiced decisions can be made.

CASE STUDY 2: Malaysia Airlines

2014 was a difficult time for Malaysia Airlines, as it was the year one of its flights went missing, and another was reportedly downed by a Russian missile. For weeks, the brand received constant negative media exposure, making people wonder if it would ever recover.

Although a complete rebranding is in the works, there are few details about it.[7] Therefore, some industry analysts suggest it would be better to refresh the brand so as to not lose certain favorable associations or the perceived value of the brand’s equity. [8].

The airline was established in 1937. With that long history comes an undeniable amount of brand equity and awareness. Malaysia Airlines already had declining profits before the disasters of 2014, and it would be very expensive, indeed required considerable investment, to create a similar level of awareness after a rebrand. Although it remains to be seen what Malaysia Airlines will do in an attempt to recover, it’s clear the brand has a tough road ahead.

Rebranding and Crises Recovery Tips

1. Maintain Ongoing Communications: A rebrand risks alienating your audience. Avoid that possibility by keeping in touch through open, transparent dialogue.

2. Involve Skilled People: Rebranding will likely require a specialized team. As you give feedback during a rebrand, remember the people you’ve hired have gone through rebrand and crises challenges before and should be best positioned to provide expert direction on how to best handle yours.

3. Make All-Encompassing Changes During the Rebrand: Some companies make the costly mistake of thinking it’s sufficient to merely create a new company logo, change the brand collateral or switch employee uniforms to make people forget about a crisis. Instead, understand that major changes will have to be instigated across your entire organization, which will also typically require brand cultural changes together with both management and general staff brand induction and re-training, if you want to ensure your rebrand is a success.

CASE STUDY 3: LIVESTRONG Foundation

When it was discovered that cyclist Lance Armstrong had been taking performance-enhancing drugs for over a decade, yet had reportedly denied doing so, LIVESTRONG realized it needed to cut ties with the athlete. Meanwhile, Armstrong went on an “apology tour” and visited media outlets.

It began by changing its name from LIVESTRONG to the LIVESTRONG Foundation, launching a new identity, and reminding the public of the brand’s fundamental values and focus on helping people affected by cancer, not the actions of one person who’s a cancer survivor. [9]

The brand tapped into the public recognition of the foundation’s bright yellow hue and kicked off a campaign about cancer’s impact and what’s needed to address it. [10] The teams handling the rebranding deemed the project successful, and subsequent media coverage was positive.

Image via © blog.livestrong.org

Rebranding and Crises Recovery Tip 4

Influence the Conversation: During a rebrand, it may be necessary to bring a new voice to the conversation. That’s especially likely if your brand has gone through a crisis that has caused people to speak badly about your products or services.

Case Study 4: Maggi Noodles

In June 2014, Maggi, a leading Indian noodle brand, marketed by Nestlé, was removed from the market when tests reportedly revealed lead content and found the product was mislabeled regarding monosodium glutamate (MSG). A Global Chief Executive from Nestlé stated the noodles were safe, but shortly afterwards, the company was unable to confirm when the noodles would be available to purchase again. [11]

By September, Maggi decided it would go against a characteristic aversion to publicity. Part of that initiative involved encouraging people to recall fond memories of eating Maggi noodles, complete with nostalgic media spots and the #WeMissYouToo hashtag.

Nestlé believed by changing and moving the conversation towards something emotionally more positive, people would begin to trust the brand again. [12] When Maggi noodles were offered for sale, the brand capitalized on a “Welcome Back” theme.

Image via © http://www.maggi.in

Rebranding and Crises Recovery Tip 5

Measure the Worth of the Rebrand: There are several metrics that can be examined to evaluate whether your rebrand was a success. Some forms of measurement include customer engagement levels, quarterly profits, and feedback surveys about perceptions.

The exact elements of a rebranding campaign will vary depending on the crisis a brand has dealt with, but whatever the circumstances rebranding is far more than just changing a logo and colour scheme. Rather, it often entails fundamentally changing or evolving what the brand ‘stands for’ through brand profiling; values, mission, vision, promise, personality, culture and goals, not to mention ensuring the rebrand is well positioned in the marketplace and fully understood by its target audience.

Key Takeaways

A crisis plan will help your brand respond strategically to mishaps without losing focus
Desired outcomes and key objectives should be fully established before proceeding with a rebrand
If issues can be remedied, a complete rebrand may not be necessary
A successful rebranding requires being transparent and fully engaged with your customers, stakeholders and the public at large

Questions to Consider

Does your brand have a crisis plan, or are you working to develop one?

How would you evaluate your company’s brand strategy and performance the last time it had to deal with something unexpected?

What do you think is the appropriate rebranding or brand revitalization route for Malaysia Airlines to take?

Has your brand had to disconnect from a harmful association, as the LIVESTRONG Foundation did?

Do you think nostalgia will be powerful enough to restore the Maggi Noodles brand?

• What Customers Want: Top 16 Branding Trends in 2016

• Rebranding Strategy: Why Your Rebrand Must Embrace Storytelling

• Brand Profiling: Top 6 Components to Creating a Strong Brand Personality

• Brand Audits: Why You Need Them and How to Perform One

• Creating New Brands: Top 10 Tips for Brand Success

• Colour Psychology: Cracking the Colour Code for Profitable Branding

• Brand Personality: Is Your Brand’s Character Big Enough to Compete?

• Luxury Branding: How to Establish or Re-Position Your High-End Brand

[1] http://www.sdl.com “Avoiding CX Failure Fallout,” May 2015.

[2] Wendy Bolhuis, http://www.vim-group.com/, “The Top 10 Reasons for Rebranding,” June 2014.

[3] Reuters in Harare, http://www.theguardian.com, “Cecil the Lion: Zimbabwe Will Not Charge U.S. Dentist Over Killing,” October 2015.

[4] Adam Rowan, http://www.prdily.com, “What a Marketing Firm Did When a Former Client Killed Cecil the Lion,” December 2015.

[5] Jonathan Bernstein, “The 10 Steps of Crisis Communications,” 2013.

[6] David Brier, http://www.risingabovethenoise.com, “How to Rebrand: 19 Questions to Ask Before You Start”

[7] Marcus Osborne, http://www.brandinginasia,.com, “Malaysia Airlines Rebrand is Coming: How Big Will it Be?,” December 2015.

[8] Mark Ritson, http://www.marketingweek.com, “Malaysia Airlines: Fix, Don’t Nix the Brand,”July 2014.

[9] http://www.corporate-eye, “Livestrong Rebrands as Livestrong Foundation Without Lance Armstrong, March 2013.

[10] Rigsby Hull, http://www.aiga.org, Case Study: LIVESTRONG Branding, November 2013.

[11] Ratna Bhushan, http://articles.economictimes.india.com/, “Maggi Noodle Fiasco: Nestle Works On Alternative Snack to Reposition Brand,” June 2015.

[12] Jacob Schindler, http://www.worldtrademarkreview.com, “Nestlé Taps into Nostalgia in Bid to Re-Launch Maggi Brand in India.” September 2015.

Brand Audits: Why You Need Them and How to Perform One

January 12, 2016/0 Comments/in Brand Audit, Brand Auditing, Brand Audits, Brand Health Check, Brand Personality, Brand Relevance, Brand Research, Branding, Business /by Lorraine Carter

From public transit advertising to shop displays, analysts believe we are exposed to up to 5,000 instances of branding exposure messages per day.[1]

That extreme saturation of the market place is why it’s so crucial to be aware of the health of your brand, and make changes if necessary. The first step in achieving that awareness comes through a brand audit health check.

Why Are Brand Audit Heath Checks Valuable?

A brand audit health check is an examination of the current state of your brand. Branding defines a company or product’s identity, both to internal and external stakeholders.

Examples of internal stakeholders include managers, employees, and board members. Suppliers, customers, community members and sponsors are possible external stakeholders. A brand audit health check helps determine how these stakeholders see your brand[2] and whether it’s necessary to make changes that would improve or clarify those perceptions.

Potential situations when it may be necessary to perform a brand audit include:

Your brand’s market share is declining
You are considering extending your brand to a new product category
You are uncertain about the strength of your brand in relation to its competitive offerings
You want to develop a more extensive overall branding plan
You’re unaware of your brand’s weaknesses

Internal Versus External Brand Audits

An internal brand audit examines how staff members, managers and other members of the company brand perceive the brand. Conversely, an external audit usually looks at a segment of external stakeholders. When doing an external audit, you may want to consider researching both current customers and former customers, and members of the target audience who are currently loyal to other brands, but you’d like them to consider your brand instead.

Two and Five-Step Brand Audit Methodologies

The methodologies, extent, and depth of brand audits vary depending on your primary objectives, time, resources and other commercial imperatives.

However you’ll generally want to look at five key areas: [3]

The Branding Strategy: This involves a careful examination of your company’s business and marketing plans, measured against what your brand is supposed to represent. During this phase, identify your company’s strengths and weaknesses, plus potential opportunities and threats. This practice is often referred to as a SWOT analysis. Furthermore, scrutinize future plans that support your brand.

Branding Communications: Look at current and past advertising, PR activities, promotional materials, including your brand’s website[4] and social media profiles. Messages across all your brand platforms and customer touchpoints should be consistent, relevant, concise and clear, and most importantly tailored to meet the needs of your primary audience. If you find customers visit your website but don’t stick around, or that those visits never convert into profitable outcomes, it may be time to revitalize or rebrand your web presence. It’s also worthwhile to re-examine press releases, press kits, and employee training materials.

How Customers Get to the Point of Choosing Your Brand: Do research to see which factors cause customers to shop for your brand and ultimately choose it over competitors. Re-evaluate your customer journey. While working with clients, we always remind them that understanding the customers’ processes can be extremely valuable. Customer feedback gained through surveys and focus groups could be a very useful resource.

An In-Depth Customer Analysis: If your budget allows for it, a customer analysis should include both qualitative and quantitative studies. Find out how likely customers are to embrace your brand. There are numerous factors that contribute to brand loyalty, including attitude towards the brand, perception of the brand, and overall awareness.

The Brand’s Position: Check to see how the brand is positioned in comparison to competitors. In many cases, this will mean collecting insight from stakeholders regarding their genuine and perceived beliefs about the brand. This evaluation should also include reviewing your brand’s personality and defining its purpose.

If for whatever reason you’re not able to perform a brand audit with more depth as indicated above, [5] it’s also possible to do a two-stage process that includes:

Your Current Identity: Factors examined here should include your company’s brand name, slogan, brand collateral, personality and tone. In conducting this type of brand audit, you can often do valuable research amongst your primary audience by posing open-ended questions to your various stakeholders.

Your Brand Strategy: Establishing whether your brand’s marketing efforts are worthwhile means looking at the level of brand awareness in your target demographic, examining what your competitors are doing well, and identifying their shortcomings, and evaluating data related to your website traffic and engagement, together with any other brand communication activities.

Deciding What to Do After a Brand Audit Health Check

The data collected from your auditing process can be extremely revealing. Findings will help determine whether a brand refresh is most appropriate, or a more radical overhaul with a complete rebranding. When working with clients, we often find they feel somewhat overwhelmed by all the results from their brand’s health check. However when all the key elements are broken down into smaller, more manageable chunks and each element is addressed systematically it is far more feasible compared to addressing the whole picture at one go!

Case Study: MadeSmart Housewares Refreshes Its Brand

For two decades, MadeSmart was a housewares brand that primarily provided private label offerings for licensing. When economic conditions changed, brand executives found MadeSmart did not have a sufficiently distinctive brand voice in the marketplace and was not strongly positioned enough for future growth.

Image via www.madesmart.com

The brand audit conducted for MadeSmart established that the brand was out of alignment with the marketplace, and the direction planned by the company. As part of the brand audit and brand profiling processes the brand was redefined, together with its promise and values, re-evaluated, re-positioned and updated to become more relevant to not only the marketplace and the brand’s primary target audience but also its future aspirations and growth plans.

Image via www.madesmart.com

MadeSmart’s brand identity in terms of their logo, advertising, signage, and website were some of the brand collateral that were redesigned following the brand audit too. The brand audit delivered positive growth with its branding refresh and received enthusiastic feedback from both clients and the local press. [6]

Image via www.madesmart.com

Case Study: Monsanto Seeks to Improve Brand Perception Among Staff Members

Monsanto, a multinational biotechnology company, felt it needed to encourage its staff to become more effective brand ambassadors whilst also enhancing their brand loyalty and engagement with company’s brand values. Monsanto hired a company to perform an internal brand audit, during which changes were suggested for the brand’s internal brand collateral, website design and visual identity, among other things. [7]

Image via www.monsanto.com

When the results of this work were evaluated via a survey, researchers found employees had a better perception of Monsanto, and were more likely to be loyal to the brand and consequently champion the brand. In short the strategies implemented after the brand audit were deemed very successful.

Key Takeaways:

Brand audit health checks are very useful in identifying how internal and external stakeholders see your brand

An important factor in a brand audit involves looking at your organization’s business plan to see if it aligns with perceptions of your brand and its messaging

When examining the ways in which your brand’s messaging is communicated, be sure to evaluate both your online and offline presence

Find out what triggers your customers to choose your brand over your competitors, and the likelihood of those customers fully embracing your brand. Also, examine how employees perceive your brand—is it aligned with the external market?

The brand audit health check is the first step in evaluating whether you need to make changes in order to maintain or re-establish relevance in the marketplace

Questions to Consider:

Has your brand experienced challenges that you think could have been avoided by performing a brand audit health check?

What are some examples of key stakeholders you may have been overlooking in your day-to-day business operations?

Have you received feedback that indicates your brand’s messaging is not as clear as it could be?

Can you identify some systemized, yet easily applied, methodologies that could be used to get feedback from customers and employees alike, while also offering incentives to them?

Are you able to recall at least one instance where a brand that’s familiar to you performed a complete rebranding process? Would you consider it to have been a successful venture?

• Brand Audit: Tips for Determining Your Brand’s Health – Can it be Improved?

• What Customers Want: Top 16 Branding Trends in 2016

• Colour in Brand Strategy: Colour Psychology and How it Influences Branding

• Creating New Brands: Top 10 Tips for Brand Success

• Brand Profiling: Top 6 Components to Creating a Strong Brand Personality

• Rebranding Strategy: Why Your Rebrand Must Embrace Storytelling

• Brand Differentiation: 30 Ways to Differentiate Your Brand

• Rebranding Strategy: Gems of Wisdom from 5 Successful Brand Revitalizations

• Brand Voice: Differentiating Through Your Own Brand Language and Attitude

• CEO Brand Leadership: How Does Your Leadership Impact Your Brand?

[1] Mike Huber, http://www.verticalmeasures.com/, “Why You Need a Content Marketing Budget for 2016”, September 2015

[2] http://www.bbc.co.uk/, “Business Studies: Stakeholders”

[3] Les Kollegian, http://www.entrepreneur.com/, “Do You Stand by Your Brand? It’s Time for an Audit”, January 2014

[4] Asmat Batul, https://blog.kissmetrics.com/, “How and Why You Should Conduct a Brand Audit”

[5] Brad VanAuken, http://www.brandingstrategyinsider.com, November 2007

[6] http://www.aiga.org/, “Case Study: MadeSmart Housewares Brand Refresh”, November 2011

[7] http://www.theaffiniti.com

Rebranding Strategy: Gems of Wisdom from 5 Successful Brand Revitalizations

January 5, 2016/0 Comments/in Brand Audit, Brand Auditing, Brand Audits, Brand Champions, Brand Collateral, Brand Design, Brand Differentiation, Brand Health Check, Brand Identity Design, Brand Personality, Brand Profiling & Positioning, Brand Relaunch, Brand Relevance, Brand Reputation, Brand Research, Brand Revitalisation, Brand Strategy, Brand Values, Branding, Business, Customer Engagement, Graphic Design, Market Demographics, Market Insights, Market Research, Millennial Branding, Rebrand, Rebranding, Return On Investment, Revamped Design, Revitalized Design, Target Market /by Lorraine Carter

Rebranding is a relatively broad term, as it encompasses both large and small-scale changes to an existing brand, which aim to resurrect a failing brand, reposition the brand and allow the company to reach out to a new target market, or simply help the brand keep up with the times.

While some brands adopt a “back to the drawing board” strategy and change everything from their logo and name to their brand values and product packaging design, a good brand revitalization strategy can sometimes be limited to a few low-key changes that enable the brand to stay relevant or differentiate itself from the competition.

When Should a Company Invest in a Rebrand?

An impressive 61% of consumers stated that an exceptional customer experience was a major determining factor when choosing a brand, and 48% of consumers expect brands to understand their needs and assist them in finding the right product and services based on those needs.[1]

Infographic via Cube.com [Digital Trends Target the Always-On Consumer]

Brands that have trouble understanding or catering to the customers’ needs are prime candidates for a brand relaunch, but a company can also have trouble with brand incongruence, a tarnished reputation or pressure from the competition.

However, the reasons for a rebrand can also be of a positive nature – a brand may experience rapid growth, as well as significant changes in the production process or the expansion of their product portfolio due technological innovations. Repositioning an economy brand as a high-end brand is another good reason for rebranding.

Since a successful rebrand involves performing a brand audit, market research, developing a detailed brand implementation strategy and effectively communicating the rebrand to customers and media, it is not recommended for young brands. You must have a well-established brand identity and a good level of brand awareness before you can embark on a brand revitalization journey.

Lessons Learned from 5 Successful Rebranding Strategies

1. Harley-Davidson – Improve the Actual Product

The Harley-Davidson motorcycle company initially had many advantages over their competition. For one, the brand had a purebred American provenance, a long history – their motorcycles were used by the US army in both World Wars – and were associated with an image of a powerful, fearless and rebellious man and an adventurous lifestyle that was alluring to a fairly large percentage of men in their mid-twenties and mid-thirties.

The brand had a good story tell, but the company still had numerous problems over the years, and faced bankruptcy on more than one occasion. The main issues that the company faced were:

Their products were objectively less reliable than what their competition had to offer
They faced very aggressive competition from a number of quality Japanese brands
The brand had become associated with biker gangs, notably the Hells Angels
They were seen as old-fashioned and outdated

In other words, Harley-Davidson had to address their reputation issues or face extinction. However, this was not something that could be fixed by merely changing the logo – their products didn’t meet the quality standards that the customers were accustomed to and they didn’t appeal to the younger generation. The brand actually adopted an incredibly smart strategy – spend less money on marketing and focus on making the product better.

Image via www.harley-davidson.com

Once they worked out all the little problems that had plagued their motorcycles, the company experienced impressive growth – Harley-Davidson, a brand that was on the verge of bankruptcy twice before, is now worth around $1 billion.

The company still faces a big problem, their average customer is a white American male pushing fifty, but they have shown that they are ready to reach out to a more ethnically diverse and younger target audience. The brand plans to shift its focus towards marketing in 2016. [2]

2. Massey Bros. – Leverage Your Premium Service, Tell Your Brand Story and Ensure Your Brand Identity Creates Distinction

Massey Bros. Funeral Directors is a successful family owned and managed business established in Dublin in the 1930s. They operate in a sector which is traditionally very conservative yet they’re industry leaders in terms of developing innovative solutions. They also have the added complication of having more than six competitors also operating legitimately under the ‘Massey’ name. In addition to this, they themselves also operated under two names before their rebrand!

Massey Bros. have always offered a very premium service but this five star, tailor made, message, their industry leadership coupled with their multiple first to market new innovative services solutions just wasn’t been properly represented in their brand profile, tone-of-voice or brand communications strategy. They also lacked a strong brand identity or consistency across their brand collateral.

We conducted research and a brand audit health check, re-evaluated their whole brand proposition and purpose, their positioning, signage, uniforms, brand collateral and brand strategy. The outputs and findings from this initial body of work then provided the direction for a complete brand overhaul resulting in absolute clarity over their brand proposition, a much stronger brand identity, a higher profile with distinction in the marketplace, consistency across all the brand collateral and most importantly strong staff brand custodians throughout the business that continue to pro-actively manage their brand in the marketplace. And of course, increased market share. You can read the full details of this rebranding case study here.

3. Target – Know Your Audience and Keep Things Simple

Target was initially envisioned as a brand that catered to a somewhat more sophisticated shopper, a person looking for a more sophisticated shopping experience than one would normally find in extremely low-priced stores like Walmart, but who also wanted that stay within a reasonable budget. The problem was that, over the years, the “deal-hunting” aspect became more prominent, which essentially lead to Target being equated with the very same economy shopping experience that they originally strived to distance themselves from.

This caused brand incongruence, with fashionable clothes on one end and cheap food items on the other, and they simply could not compete with well-established economy brands that ruled this segment of the market.

Target performed a brand audit health check, and found that they were neglecting a very important demographic. In the words of Brian Cornell, Target chief executive: “Our guest is going to be increasingly a Hispanic shopper.” [3] The brand, realizing that over 50% of Hispanic Millennials identified Target as their preferred shopping destination, even created several Spanish-language adverts, with a unique hashtag – #SinTraducción (without translation).

Another big step towards engaging their primary audience was the decision to unite their smaller “mini urban stores” under the Target brand logo. The company previously distinguished these smaller outlets as TargetExpress and CityTarget.

Image via Target.com [Target express store]

The logo design for the mini urban stores proved confusing, the words “express” and “city” were simply placed next to the classic bull’s-eye Target logo, and will only feature the Target logo going forward. With these changes, the brand has revitalized its image. However they still apparently have a bit further to go according to USA Today as things like the infamous 2013 security breach, and their latest OCD sweater has reportedly put their customers’ loyalty somewhat to the test.

4. Hybrid Technology Partners – Don’t Pigeonhole Yourself with a Poorly Thought Out Brand Identity

Formerly known as HybridIT, this Limerick-based company offer a wide range of services, including IT, software development and customer support. They even offer a product – a unique business management ERP (enterprise resource planning) system. However, anyone who saw the “IT” in their brand name immediately thought of them as just another IT company. [4]

This prevented the company from accessing a larger market share, and the fact that their logo didn’t communicate their core brand message effectively threatened to keep HybridIT in the shadows. Luckily, this “more than just an IT” company caught on and decided to revitalize their brand.

When working on creating appropriate brand identities for our clients, we focus on ensuring all the brand foundations have been fully developed using our Personality Profile Performer™ system before we even look at the aesthetics or design. The outputs from this system provide the roadmap for ensuring the brand identity outputs together with brand messaging and tone of voice are market and target audience appropriate, unique and in keeping a brand’s core values.

At first glance the change was subtle, they became HybridTP, but that one little letter was a monumental step in the right direction. The new brand identity, Hybrid Technology Partners made two things very clear:

The brand offers diverse technological solutions for streamlining a business
The company views its clients as partners, and works with them to find the best solutions

The new brand identity, coupled with some light modifications to their website, allowed HybridTP to convey their brand values – honesty, cooperation and trust – and connect with a much larger audience more effectively.

5. Narragansett Beer – Learn How to Appeal to Millennial Consumers

Pabst Blue Light used to be the beer of choice for blue-collar workers and hipster Millennials, but in recent years an old New England beer has stolen their title as the number one “cheap and cool” US beer.

The Narragansett brand has a long history, it was established 125 years ago, but the company recently made a very wise business decision and revitalised the brand, targeting Millennials. They didn’t stray away from their roots, their New England provenance, and long history being the key elements that distinguished the brand from the competition, but they did make some notable changes to the product packaging and re-evaluated their branding strategy.

The old slogan, “Made on Honor, Sold on Merit”, remained unchanged, but with fun and colourful commercials, local girls photographed in the traditional pinup style for their calendar and increased social media activity, Narragansett has successfully made a transition into the digital age.

Image via www.narragansettbeer.com

We know from personal experience that the Millennial demographic can be a powerful driving force that launches a struggling brand to new levels of success. Understanding both what makes their brand unique and what appeals to a Millennial audience, has allowed this low-priced craft beer to secure its position on the market. Saying that the rebrand was a success would be an understatement – the brand brought in $12 million in revenue last year, 120 times more than in 2005.[5]

These five successful rebrand stories all carry an important lesson for any struggling brand. A brand audit can help you reveal your weaknesses be it a problem with the quality of the product itself like in Harley Davidson’s case, an issue of brand incongruence, a dissonance between the brand logo and core brand values and the services offered by the company or a lack of awareness of your primary audience’s needs and preferences.

A brand relaunch is not something to be taken lightly or done for the pure sake of change, but if a brand has fallen on tough times, lacks relevance or isn’t leveraging its full potential with its target market, implementing a carefully planned brand revitalisation strategy is a big move in the right direction.

• Rebranding Strategy: Why Your Rebrand Must Embrace Storytelling

• Rebranding Strategy: Using Premium Repositioning To Increase Profitability

• Brand Personality: Is Your Brand’s Character Big Enough to Compete?

• Rebranding: How to Make It Through a Rebrand and Emerge Stronger

• Brand Audit: Tips for Determining Your Brand’s Health – Can It Be Improved?

• Brand Naming: Top Ten Methods for Brand Name Creation

• Humanizing Your Brand: Why It is Key to Commercial Success

• Brand Profiling: Top 6 Components to Creating a Strong Brand Personality

• Creating New Brands: Top 10 Tips for Brand Success

• Brand Profiling: How to Use Emotion to Make Your Brand More Profitable

So, what do you think?

• Does your brand have trouble staying relevant?

• Did you perform a brand health check to determine if there are any weak points you could improve upon?

• Are you targeting the right audience, and do you really understand the needs of your primary audience in terms of their needs, wants, loves, hates and aspirations?

• Are your products and services up to standards, or are you having problems keeping up with the competition?

• Is your brand identity consistent with your core values, and the type of products and services you offer, or is it unnecessarily pigeonholing you into a single niche?

[1] Steve, Cubemc.com, Digital Trends: Understanding and Targeting the ‘Always-On’ Consumer, April 2015

[2] Mark Ritson, Branding Strategy Insider, “Can The Harley Davidson Brand Age Gracefully?”, October 2015

[3] Sarah Halzack, WashingtonPost.com, “Target’s new strategy: We need more than just minivan moms”, March 2015

[4] IrishExaminer.com, Small Business Q&A: Paul Brown, September 2014

[5] Kristina Monllos, Adweek.com, “How Narragansett Beer Rebuilt Its Brand With a Meager $100,000 Media Budget, Deep roots and word of mouth”, June 2015

Luxury Branding: How to Establish or Re-Position Your High-End Brand

November 30, 2015/0 Comments/in Brand Ambassador, Brand Audit, Brand Auditing, Brand Audits, Brand Champions, Brand Collaboration, Brand Experience, Brand Health Check, Brand Identity Design, Brand Personality, Brand Premiumisation, Brand Profiling & Positioning, Brand Promise, Brand Strategy, Branding, Co-Branding, Luxury Branding, Packaging, Packaging Design, Premiumization /by Lorraine Carter

The combined value of the various luxury goods markets in 2014 was an estimated 865 billion euros, with luxury cars, personal luxury goods and luxury hospitality taking the top three places, with values of 351 billion, 223 billion and 150 billion respectively. [1]

In order to understand the branding strategies developed and utilized by the top luxury brands, those who have maintained their reputation for over several decades, as well as those that have successfully re-positioned themselves as high-end brands, we must first look at the very definition of luxury.

There are four main characteristics by which the luxury customer defines a luxury brand:

Quality
Craftsmanship
Exclusivity
Elegance

However, the way in which someone perceives luxury will depend on factors ranging from their socio-economic status to their geographical location. According to latest Albatross Global Solutions and Numberly study, “The Journey of a Luxury Consumer”, people from different parts of the world prioritize the order of importance of these key factors differently when defining luxury goods. For example, an overwhelming majority of luxury consumers worldwide value quality above all else, however, UK luxury consumers place more importance on craftsmanship, while elegance plays a more vital role when it comes the global luxury market.

Since customer preferences and definitions can vary from one jurisdiction to another, luxury brands need to tailor their brand communications strategy for each of the relevant market segments they are targeting, while remaining true to their core brand values, brand DNA and brand story. It can be challenging but with the right brand strategy it can be hugely rewarding, as evidenced by Louis Vuitton and their distinctly different approach to marketing their luxury brand in Japan.

The brand collaborated with Japanese artist Takashi Murakami in the early 2000’s to create a more colourful version of their classic monogram, and even reduced prices slightly during the economic crisis, to retain its position on the Japanese luxury market. However, it performed best when focusing on the quality and craftsmanship aspects of luxury brand on the Japanese market, as opposed to the allure of exclusivity and elegance — that had a greater impact with their customers in Western countries.

Luxury is About Exclusivity

In order to thrive, a luxury brand needs to secure its own unique corner of the market. Premiumisation strategies or high price points are designed to attract a particular kind of customer while alienating others – the high quality, and the unique experience that a luxury brand provides will not be right for everyone, nor should it be. To quote the head of Lexus Europe, Alain Uyttenhoven: “Our cars won’t please everyone.”

The brand strategy developed and deployed in different jurisdictions often varies because the definition of luxury changes amongst consumers as we move around the world and up the socio-economic ladder. Also, some of the top luxury brands strategically choose to stay out of the most obvious limelight. Very subtle marketing and the fact that the general public isn’t necessarily aware of their existence creates a unique aura of mystique and exclusivity. It also alludes to the fact that high-quality craftsmanship and aesthetics are amongst luxury brands’ highest priorities, values which are not compromised by things such as price sensitivities.

The brands at the very top of the luxury spectrum are not necessarily bound by the same constrictions of the more mainstream ‘accessible’ luxury or premium sector. Indeed, more exceptionally wealthy clientele might perceive price tags or ostentatious displays of affluence as lacking in taste in certain markets. In fact, there is a wise old saying in the luxury yacht industry: “If you have to ask about the price, you probably can’t afford it.”

Infographic via Raconteur.net

The French purveyor of personalized luggage, Goyard, is a fine example of a luxury fashion brand that has retained its high-end status for over a century, continually prospering without engaging in many of the strategies that are considered to be the cornerstones of effective mainstream marketing.

The brand favours direct sales and word of mouth marketing over media hype, large-scale advertising and online sales, even though Goyard has thousands of followers on several social media platforms, including the luxury brand’s newly launched YouTube channel.

This extreme level of exclusivity amongst long established luxury brands, e.g. specialising in a single product category to the point of elevating a brand to the level of art or supreme craftsmanship, can be used as one element of a brand strategy to create distinction and separate it from the rest of the market, but it can also be a more challenging route for newer entrants to the luxury market.

The luxury landscape is changing, and a brand can quickly become irrelevant if it lacks online exposure. Millennials are close to outspending Baby Boomers, according to a Berglass + Associates and Women’s Wear Daily study that explored the retail industry, which means that a brand has to account for the values that drive Millennials when developing their brand strategy.

For Millennials the bigger purpose of a brand, its big why, has a significant impact on their purchasing decisions which means that CSR and so forth has a bigger role to play in brand strategy than every before — for this growing audience.

The smartphone is an essential component of the Millennial lifestyle because it allows easy access to multiple online platforms and immediate connectivity – 85% of Millennials in the 18-25 age bracket and 86% of those in the 25-34 age bracket own a smartphone[2], while 88% of Millennials use Facebook as their primary news source.[3] For more traditional brands this means embracing new fully integrated brand strategies that wouldn’t have seemed relevant eight to ten years ago.

Even luxury brands that are primarily focused on in-store purchases, e.g. Goyard, are investing in social media and reaching out to affluent Millennials. The way that younger generations perceive luxury is markedly different from the way Baby Boomers perceive it, and luxury brands have a challenging task ahead of them – educating Millennials on luxury goods and adapting their brand strategy to fit the Millennial lifestyle.

Develop Trademark Brand Symbols and Assets Beyond Just Your Brand Logo

Rolls-Royce Phantom Drophead Coupé has been virtually unchanged for years, and the silhouette itself is just as recognizable as the logo, brand name and the Spirit of Ecstasy mascot attached to the bonnet.

It’s the Rolls-Royce uncompromising commitment to quality craftsmanship and attention to detail that has the brand where it is today. When we work with clients to develop a distinct brand identity that reflects their core brand values, personality, story and communicates their brand message it requires a similar level of focus from everyone working on the project coupled with a deep understanding of the brand’s primary target audience in order to achieve successful results.

Burberry’s trademark black, tan and red check pattern and Channel No. 5 perfume’s simple, yet elegant bottle design are both instantly recognised by the average consumer. These are distinct, different and memorable brand assets that are as important as the brand names themselves.

Founded 150 years ago Burberry is a particularly interesting case study because not long ago it was struggling to maintain a consistent brand identity leading to the brand falling off its luxury positioning, despite its admirable provenance. Inconsistencies in product variants, pricing and communication strategies all combined to undermine the brand. In fact this brand, now worn by Emma Watson and Kate Moss to mention a few high profile names, was once at risk of being considered frumpy before its very successful luxury revitalization strategy was implemented so successfully.

It wasn’t until Angela Ahrendts took over as CEO that a long-overdue brand repositioning and brand relaunch was set in motion resulting in the iconic and much sought-after luxury brand we see today. The company was restructured and the sourcing of materials and production was centralised in the UK. Burberry stores were modernized and equipped with iPads, digital displays and audio equipment that enabled the brand to showcase its quality craftsmanship through video material, and to provide a more engaging customer experience.

However, the true stroke of genius was the decision to focus on a younger demographic, and utilize social media as a powerful promotional tool. To successfully target the affluent Millennial consumer, Burberry had to diversify its product line and make significant stylistic changes, while at the same time retaining the timeless aesthetic that the brand was once known for.

The results of the brand relaunch were astonishing – Burberry doubled their revenue and operating income within five years, and successfully repositioned their brand as a luxury brand. Their famous Burberry check is once again associated with premium quality British craftsmanship.

Provide a Memorable Brand Experience for Your Customers

With a luxury product, the brand packaging, presentation and shopping experience are just as important as the quality and exclusivity of the product itself. Luxury customers are far from average shoppers, they are wealthy and powerful people with refined tastes. A luxury brand has to engage these customers on multiple levels – spark curiosity, engage all the senses, stimulate the mind, and make an emotional connection.

The Gentleman Floris, a new line of luxury men’s grooming products launched by the Floris London, a nearly 300-year-old British family perfumers brand since 1730, uses understated heraldic symbolism on the embossed navy blue packaging to reference its noble origins and royal patronage coupled with its renowned to quality, craftsmanship and rich heritage. The brand story is used eloquently to draw its audience in and sell its brand proposition.

We have created many different packaging design solutions for clients over the years, both luxury and FMCG, and when you consider that on average you have less than 9 seconds to engage your customer through the impact your packaging design has on them, it is critical that your customer gets an immediate sense of your brand story, promise and values if you want to close the sale.

Image via www.florislondon.com

In luxury branding everything from the customer journey to the brand experience and customer service, not to mention the accessories, has to be carefully considered to ensure that it’s elevated to an exceptional level.

The brand experience has to be much more personal, which means that staff, your brand ambassadors, must be chosen to fit with your brand values and culture. They need to be fully inducted and trained in all the details of how your brand is lived and experienced, both internally and externally, and how that unique brand experienced is transferred and cultivated with each the individual customer.

Sometimes this training may also require the front line staff to make important judgement calls in the heat of the moment, in order to accommodate the customer’s specific needs. At the Ritz-Carlton Hotel, each employee is empowered and trained to anticipate and fulfil their guests needs with an exemplary level of service.[4]

Image via www.Ritz-Carlton.com

The Ritz-Carlton is another good example of a luxury brand that successfully maintain its positioning for decades and in fact case studies have been built around its success. The Ritz-Carlton Leadership Centre is now the place where executives from other companies worldwide in many different sectors come to learn The Ritz-Carlton principles of service.

The Ritz-Carlton success is due to a number key factors such as they have:

A formulated a set of standardized hiring criteria
Empowered their front line staff and instituted a standardized brand language
A consistent high-end luxury brand experience regardless of location
Take note of user feedback, perform regular brand audit health checks
Constantly evolved to adapt with the times while staying true to their core brand values

The Ritz-Carlton has created an admirable balance between maintaining a consistent brand image and evolving to meet the needs of a new generation of patrons who prefer more authentic interactions with the staff. It’s their uncompromising commitment to excellence which has made them the only brand to win the much sought after US Presidential Baldrige Performance Excellence Award twice, firmly establishing Ritz-Carlton’s positioning as a luxury brand and setting the highest standards for customer service throughout the luxury hotel market.

Create an Aura of Exclusivity by Limiting Supply

Special limited edition items often become cherished collector’s pieces and dramatically increase in value over the years. In fact, the lack of product availability doesn’t negatively affect a luxury brand they way it might other mainstream brands. Its limited availability to the select few makes it even more appealing to its target customers.

Long waiting lists have never deterred Hermès fans, who often wait several months for the privilege of purchasing the brand’s signature Birkin bag. [5] Some of the most popular luxury car brands are the ones with both the highest prices and longest waiting lists. Only the most persistent and loyal customers gain access to these limited items, which enables you as a brand owner or manager to create an elite subgroup within your customer base.

The Rolls Royce SG50 Ghost Series II is a prime example of a brand offering a limited edition product to a particular segment of their target demographic, another example of the exclusivity strategy at work, and establish an emotional connection with its customers. In this particular example, Rolls Royce honours the fact that 2015 marks 50 years of Singapore’s independence, helping it increase individualised customer brand relevance and secure an increased market share in one of Asia’s most developed economies, second only to Hong Kong in terms of financial freedom.

Image via www.luxuriousmagazine.com

The Apple Hermès brand collaboration helped connect the luxury fashion brand connect to a well-developed demographic of tech-savvy affluent Millennials while at the same time opening the horizons of the wealthy Apple users to the allure of a luxurious brand such as Hermès.

Image via www.apple.com

High-end craftsmanship and a sense of exclusivity have already been associated with both brands, but the halo effect of this collaborative project, the super-luxurious Apple watch, has proved to be quite beneficial in terms of exposing previously unexplored segments of the market to each brand.

Luxury watch aficionados and loyal Hermès customers who are delighted with this new offering will be tempted to explore some of the other Apple devices. On the other hand, the more affluent Apple consumer may easily eschew their previous luxury favourite and make Hermès their alternative preferred choice instead.

Be Proud of Your Heritage, but Offer Customization to Build an Emotional Connection

Giving consumers some decision-making power over the production process, even if their contributions are limited to the choice of colour or engraving, accomplishes several things:

It turns each product into a personalised more unique item that is to be cherished
It creates a more personal connection between the customer and the brand
It enhances the overall customer experience

Goyard doesn’t offer a diverse product range, but what it does offer is the ability choose from a wide range of colours and styles. A luxury customer can leave the Goyard store safe in the knowledge that the product they have purchased is truly unique, and tailored to their personal tastes.

Image via www.Goyard.com

Luxury brands can also use their geographical location to their advantage. A luxury brand is often associated with its country and region of origin – sparkling wines from the Champagne region have become a key component of many major celebrations, BMW and Mercedes are touted as the epitome of German engineering precision and so on. The brand thus takes on the qualities associated with the local culture. We can use Burberry as a good example once again – its British heritage has been a key component in successfully repositioning the brand as a high-end brand.[6]

Create an Epic Brand Story that Mesmerizes Your Customers

A good brand story is instrumental in capturing the imagination of customers, but a luxury brand needs to go beyond mere storytelling and develop a veritable fairy-tale that fully immerses a customer, to the point where he or she wants to become a part of your luxurious world. The brand experience and how that is created lived and experienced is the penultimate test.

The legend of Coco Chanel and the immense respect consumers still have for the Chanel brand matriarch is a prime example of how effective legends can be in promoting a luxury brand. Her humble beginnings, timeless style and daring persona are woven into a narrative that all ambitious, independent, fashionable and adventurous women around the world find inspiring.

On the other hand, we have brands with a proud and storied history, such as White’s Gentlemen’s Club in London, which has no intention of expanding or opening its doors to anyone but the most select clientele.

Image via www.Goyard.com

Much like Goyard, White’s has no need for heavily resourced marketing campaigns, as it relies on its few elite “members” for word of mouth marketing. With patrons like Prince Charles and several British Prime Ministers gracing the bar and gaming rooms with their presence, being a member of White’s Gentlemen’s Club is considered a privilege. Even David Cameron’s vocal critique of men-only clubs and the fact that the British Prime Minister resigned from White’s did little to tarnish the reputation built on several centuries of myth and legend.

Key Takeaways to Consider

In conclusion, here are some key points to keep front of mind when re-evaluating your luxury branding or premiumization brand strategy:

Ultra premium luxury brands often use understated branding strategies coupled with word of mouth, but offer unmatched top end quality and exclusivity
Brands that have successfully repositioned themselves have invested in brand audit health checks and embraced the affluent Millennial demographic and use social media to spread brand awareness
Luxury brands that have successfully maintained their positioning for decades have used their provenance and leveraged near mythical brand stories to maintain brand distinction, but continued researching the market and changing trends regularly, and encouraged customer feedback to maintain relevance
Providing an exceptional customer experience in-store, through empowering frontline staff and developing a consistent brand language, is very important, as a majority of luxury consumers make their purchases in person
Involving customers in the production process enables a luxury brand to personalise its offering with a diversified range of unique variations, even if it doesn’t have an extensive reach across multiple categories
Collaborating with a brand that has a significantly different customer base and brand associations can produce a halo effect that is highly beneficial for both brands

• Co-Branding: 13 Tips for Growing Your Brand Through Strategic Partnerships

• Brand Audit: Tips for Determining Your Brand’s Health – Can it be Improved?

• Rebranding Strategy: Why Your Rebrand Must Embrace Storytelling

• Rebranding Strategy: Using Premium Repositioning To Increase Profitability

• Colour in Brand Strategy: Colour Psychology and How it Influences Branding

• Video Brand Strategy: Top 11 Tips for How and Why You Need to Use Video

• Creating New Brands: Top 10 Tips for Brand Success

• Brand Profiling: Top 6 Components to Creating a Strong Brand Personality

• Millennial Branding: 6 Ways Your Brand Can Appeal to Millennial Customers

So, what do you think?

• Have you performed a brand audit to identify the holes in your luxury branding strategy?

• Is your brand utilising social media to its fullest potential and reaching out to affluent Millennials?

• Are you using appropriate brand language?

• Have you created a consistent brand image?

• Have you considered how you can make your brand more profitable by changing your brand strategy with a premiumization approach to reposition your brand, create an aura of exclusivity and attract luxury consumers?

• Do you have an exceptionally engaging brand story that elevates the brand to legendary status and could be leveraged to better effect with a rebranding?

[1] Statista.com, Value of various global luxury markets in 2014, by market type (in billion euros)

[2] Nielsen, Mobile Millennials: Over 85% of Generation Y Owns Smartphones, September 2014

[3] Americanpressinstitute.org, How Millennials Use and Control Social Media, March 2015

[4] Forbes.com, Micah Solomon, Your Customer Service Is Your Branding: The Ritz-Carlton Case Study, September 2015

[5] Uché Okonkwo, Luxury Fashion Branding: Trends, Tactics, Techniques

[6] The Australian, “Paul Smith, Burberry and Mulberry Revive ‘Made in Britain’”, September 2014

Rebranding Strategy: The ABCs of Rebranding Google

August 18, 2015/0 Comments/in Brand Audit, Brand Auditing, Brand Audits, Brand Expansion, Brand Health Check, Brand Leadership, Brand Name Creation, Brand Name Origination, Brand Personality, Brand Profiling & Positioning, Brand Relaunch, Brand Relevance, Brand Reputation, Brand Revitalisation, Brand Strategy, Branding, Business, Rebrand, Rebranding, Sub-Branding, Sub-Brands /by Lorraine Carter

Google made us uncomfortable!

When the third most valuable brand in the world [Forbes, 2015] announces a surprise rebranding, people notice.

On a recent midsummer Silicon Valley afternoon, the Co-founder and CEO of Google morphed into the CEO of Alphabet before our eyes. What’s Alphabet, we wondered?

Larry Page opened his official blog post saying, “We’ve long believed that over time companies tend to get comfortable doing the same thing, just making incremental changes. But in the technology industry, where revolutionary ideas drive the next big growth areas, you need to be a bit uncomfortable to stay relevant.”

Image via https://abc.xyz

“Uncomfortably excited” is a state of mind that Googlers are well familiar with; they say it comes up frequently during internal meetings. When Larry Page addressed the graduating class of the University of Michigan in 2009, he counseled, “Always work hard on something uncomfortably exciting.”[1]

“We Do Search”

With the perspective of a few days and hundreds of pieces of content produced by Google observers, the picture came into focus. People realized that Google wasn’t disappearing (audible sigh of relief), but rather that Alphabet was born to give Google the space to be Google. The bottom line is that from a consumer perspective, it’s business as usual!

Google is a search engine and an advertising platform. And clearly, it’s a cash cow — which has everything to do with funding the next big breakthrough and nothing to do with Google’s (um, Alphabet’s) next passion project, whatever it may be.

As an obscure campus startup, Google’s mission was “to organize the world’s information and make it universally accessible and useful.” Two years on, Google AdWords launched with 350 customers.[2] Overwhelming success has been declared in the blink of an eye, in about one and a half decades.

The authors of “The Google Story” discussed the profound impact of the founders’ vision to make all web-based information searchable via PageRank algorithms, comparing it to the first mechanical printing press in 1440. They wrote, “Not since Gutenberg…has any new invention empowered individuals, and transformed access to information, as profoundly as Google.”[3]

“We do search,” was the core of Google’s philosophy as expressed in its original “Ten Things We Know to Be True”[4] document. However last winter, Larry Page said, “Google has ‘outgrown’ its 14-year-old mission statement.”[5]

So, on second thoughts, no one should have been surprised by Google’s big announcement. In October 2014, Page laid it out in an interview with the FT,[6] expressing his desire to step away from daily chores at the colossal search engine. “The world’s most powerful internet company is ready to trade the cash from its search engine monopoly for a slice of the next century’s technological bonanza,” is how the FT put it.

Spelling it Out

Alphabet is about brand innovation. When Larry Page titled his announcement “G is for Google,” the implication is that it leaves another 25 letters for Alphabet to dream big.

Several of the spaces on the virtual Scrabble board have already been filled in: Life Sciences, working on the glucose-sensing contact lens; Calico, focused on longevity; Nest for smart-home products; Fiber for super-connectivity and whatever words are played next, sometimes via acquisition.

Google X is the think tank for moonshots, artificial intelligence, robotics, longevity, health advancements, biotech, self-driving cars and smart glasses. Google Ventures re-invests.

It’s all about staying “uncomfortably excited” and attracting the best minds for collective ideation.

Brand Architecture : A House of Brands

Alphabet is now an umbrella for one of the largest brands we’ve known. From a brand architecture perspective, Google bucks the trend of the last decade which has seen large brands consolidate toward a single ‘brand house’ approach e.g. Unilever (2004), P&G (2011), Coca-Cola (2015). Google is doing the opposite by creating a ‘house of brands.’

The scale of Google’s size and scope demands a more efficient approach for managing multiple brands with different cultures, complex mergers and acquisitions, innovation, brand sub-cultures whilst satisfying Wall Street demands for accountability.

As an article published in the Harvard Business Review points out:

“…the financial returns of the search engine and advertising business could not be observed separately from the investments in all of the new businesses. The new structure ensures that there will be, at a minimum, independent accounting numbers produced for the Google business, and perhaps for the others as well.”

The Alphabet umbrella brand also reduces risk in terms of brand reputation management, with risk being ring-fenced around each individual brand and its own CEO within the ‘house of brands’. Alphabet will be much less vulnerable to major scandal or irregularity and it will also not be a consumer brand.

The point of a ‘house of brands’ structure is that the corporate brand becomes essentially invisible to the outside world, only relevant to senior employees and investors. How clever is Google?

What are the Branding Takeaways?

For smaller businesses, it’s more advantageous to manage a single brand or ‘brand house’ with one budget, one culture, one organisational structure, one employer, one leadership team and so on.

At first blush, the immediate branding Alphabet/Google learnings or takeaways from their initial announcement, for any size company or organisation, are as follows:

1) Continually evaluate your core business, product or service and re-evaluate ancillary revenue streams, products and services to remain properly focused. [Note: Apple’s Steve Jobs used to tell Larry Page that he was trying to do too much. Page told Jobs that Apple wasn’t doing enough.]

2) Secondly, re-visit your mission statement. It doesn’t belong in a box file in a drawer, but in a frame on the wall at reception and in the lunch room. Dust it off and discuss it, make it the heart of your business, a living breathing, authencitic expression of who you are and what you do and the true reason why you do what you do.

Image via http://www.gapingvoidart.com, Hugh MacLeod

3) Not every hiccup or even a crisis requires a rebrand, sometimes a brand health check is one of the most useful tools to protect your most valuable asset. Talk to us.

4) Does your existing brand name properly represent your business today and into the future or has it become something of a misnomer as your business has grown and evolved? Do you need some help re-evaluating your brand name relevance?

Larry Page explained the decision behind their new name.

“We liked the name Alphabet because it means a collection of letters that represent language, one of humanity’s most important innovations, and is the core of how we index with Google search! We also like that it means alpha-bet (Alpha is investment return above benchmark), which we strive for!”

Rebrands happen. For a number of reasons, they can be an exceptionally good move at the right time for the right reasons. We’re here to help.

• Brand Audit: Tips for Determining Your Brand’s Health – Can it be Improved?

• Rebranding: How to Make it Through a Rebrand and Emerge Stronger

• Brand Renaming: Name and Tagline Change Considerations

• Brand Audit: When the USA Took the Branding Bull by the Horns

• Creating New Brands: Top 10 Tips for Brand Success

• Brand Naming: Top Ten Methods for Brand Name Creation

• Rebranding Strategy: Why Your Rebrand Must Embrace Storytelling

• Brand Differentiation: 30 Ways to Differentiate Your Brand

• Brand Profiling: Top 6 Components to Creating a Strong Brand Personality

• CEO Brand Leadership: How Does Your Leadership Impact Your Brand?

Are you getting uncomfortably excited about your own business? Or just excited? Let us know what you think about these questions that pop into your mind as we ponder the changing Google landscape.

Something’s gone wrong. How do I determine if my entire brand is in trouble or if there are other solutions?

What are the signs that a true rebranding strategy is in order and where do I begin?

How can I know whether a rebrand will help or hurt my business and its reputation?

What’s actually involved in a rebranding beyond a new name?

How can I budget properly for all that a rebranding entails?

Are there potentially moments in the life of a business when a brand health check or rebrand is the right strategy, even when the company is performing well, like Google?

[1] Larry Page’s University of Michigan commencement address

[2] http://www.google.com/about/company/history

[3] Vise, David, and Malseed, Mark. The Google Story, Delta Publ. (2006)

[4] http://www.google.com/about/company/philosophy

[5] Samuel Gibbs (November 3, 2014) The Guardian.

[6] Richard Waters (October 2014) Financial Times.

Brand Audit: When the USA Took the Branding Bull by the Horns

July 28, 2015/0 Comments/in Brand Audit, Brand Auditing, Brand Audits, Brand Culture, Brand Leadership, Brand Promise, Brand Reputation, Brand Values, Branding, Customer Engagement, Entrepreneur, Return On Investment /by Lorraine Carter

Household brands bearing the “Made in America” tag were in big trouble in the mid-1980s. Shivers ran down the spines of Detroit automakers as efficient Japanese models filled the U.S. highways. Sony Walkmans, Nintendo and Atari video games were on everyone’s shopping list. America lost ownership of household brand names as well as bricks and mortar symbols of the USA, such as Rockefeller Center and Columbia Pictures of Hollywood.

The U.S. Department of Commerce’s solution was a renewed focus on supporting American brands in an increasingly competitive global marketplace. A new public-private partnership began with incentivizing American companies to ensure continuous product improvement before asking consumers to support American brands via their wallets.

When the cabinet leader that President Reagan had in mind to spearhead the re-branding of the USA’s output was fatally injured in a rodeo accident, the Baldrige Performance Excellence Program was named in his honour — envisioned as a standard of excellence to help U.S. organizations achieve world-class quality.

America’s only presidential award for performance excellence among both private and public companies goes annually to a maximum of 18 organizations within six sectors: small business, service, manufacturing, healthcare, education and nonprofit.

Groundbreaking in its day, the core competencies of the program are now widespread. According to the U.S. Department of Commerce, many U.S. states and 60 other countries have adopted the Baldrige Criteria to create similar programs at home.[1] The European Quality Award is modeled on Baldrige Criteria, adding two additional layers for social and environmental community. [2]

How Can A Brand Improve Itself?

The Baldrige Performance Excellence Program criteria reflect an evolution from a focus on service and product to a broader, strategic focus on overall organizational quality, called performance excellence.

In other words, don’t just build a better mousetrap (product). Do so with a good roadmap (leadership, vision, planning) examining the means to reach the ends (training, education, management) and keep a happy workforce (engagement, performance) and customers (quality, profit).

The Baldrige Criteria guide a company through examination within seven areas of achievement and improvement.

Leadership: How upper management leads the organization, and how the organization leads within the community.

Strategic Planning: How the organization establishes and plans to implement strategic directions.

Customer and Market Focus: How the organization builds and maintains strong, lasting relationships with customers.

Measurement, Analysis, and Knowledge Management: How the organization uses data to support key processes and manage performance.

Human Fesource Focus: How the organization empowers and involves its workforce.

Process Management: How the organization designs, manages and improves key processes.

Business/Organizational Performance Results: How the organization performs in terms of customer satisfaction, finances, human resources, supplier and partner performance, operations, governance and social responsibility, and how the organization compares to its competitors.

Look Inside

Companies applying for a Baldrige Award go through self-assessment as a first step. It’s a framework that empowers an organization to understand its own strengths and weaknesses, improve, reach goals, become more competitive. A good number of companies in the Baldrige circle indicate that this process — and the trained Examiner who leads them through it — is the most useful aspect of the program, award or no award.

Evaluate to Elevate

When you evaluate your organization from a branding perspective, you’ll compare your own performance with best practices across brand profiling, brand strategy, brand alignment, brand communication, brand execution, and additional markers. As a Baldrige Examiner would do for an applicant in that program, we can guide you through the brand audit process, make recommendations and work with you to elevate your brand.

These two companies won the Baldrige Award. Of the 23 small businesses to earn the quality prize since 1987, K&N Management did it in 2010. Ritz-Carlton is the only winner in lodging…and they achieved it twice.

K&N Management: The Love of Excellence

K&N Management is a small Austin-based operator of burger and BBQ restaurants in eight Texas locations.

What is the world “management” doing in the name of a burger, fries and shakes outfit? As one of only two restaurant companies to win the National Quality Award, K&N’s website tells the story of the family behind the grill.

It’s more than flipping burgers; they have a vision and brand values:

Mission: “To Guarantee Every Guest is Delighted Because of Me”

Vision: “To Become World Famous By Delighting One Guest at a Time”

Core Values: “Excellence – Quality – Integrity – Relationships”

Key Business Drivers: “Food Quality – Speed of Service – Cleanliness – Texas Hospitality℠ – Accuracy – Team Members – Value”

At K&N Management, they make leaders. Training courses are offered for each step up the career ladder, such as “How to Create Effective Internal Communications.” The career progression ladder — with salary expectations — is shared with employees (and the public). It looks like they’re doing the unimaginable: inspiring fast food workers, retaining staff, creating community, promoting from within.

Image via www.knmanagement.com

Visit the website to see more about the employee volunteerism being fostered by K&N Management, including Gold Recognition for Community Impact. The recognition that comes with that certificate held high for the camera is accompanied by peer support, kudos from management, family and company pride in addition to the important volunteer work itself.

Image via www.knmanagement.com

“Our guests can expect Texas Hospitality℠ at each of our restaurants: Rudy’s Austin and Mighty Fine Burgers, Fries & Shakes,” is the statement of pride from the same folks who can claim “Awarded the Highest Presidential Honor.”

Ritz-Carlton Hotels: Lasting Success

Ritz-Carlton operates 89 luxury properties in 29 countries with 35,000 employees.

Founded in 1983, within three years, Ritz-Carlton was named best hotel group with only five hotels. In the fall of 1992, with 23 hotels under management, Ritz-Carlton became the first hotel company to win a Baldrige Award. “We realized the award criteria could serve as a road map for quality improvement,” said Patrick Mene of Ritz-Carlton Hotel Company.

America’s Ivy League Cornell University School of Hotel Administration built a case study around the Ritz-Carlton’s 1992 success, only to witness the company, now with 36 hotels, collecting the service category Baldrige Award from the president of the United States for an unprecedented second win in 1999.

Image via www.ritzcarlton.com

Did the lessons learned from the process of self-assessment and improvement stick? In July 2015, J.D. Powers and Associates released the results of their 19th annual satisfaction survey of 62,000 North American hotel guests. Number one in luxury hotels: Ritz-Carlton.

How are the lessons learned from the process being shared across brands? The Ritz-Carlton Leadership Centre is now the place where executives from other companies worldwide in many disciplines come to learn The Ritz-Carlton principles of service.

Clearly, even in a five-star hotel, not everyone’s job is a glamorous one, yet every member of staff must be proud of the brand. The Ritz-Carlton brand motto rings in the ears of many hoteliers: “We are Ladies and Gentlemen Serving Ladies and Gentlemen.”

Former founding President and COO of the Ritz-Carlton Hotel Company L.L.C., Horst Schutze, explained, “’Ladies and Gentleman’ has two values to us. Of course, the first is the expression of our expectations of our employees, from the president to the vice president to the last housekeeper or dishwasher. It expresses to them an expectation of how to behave, look and so on. At the same time it expresses a promise to the same group that they all are important to this organization. Their jobs may be different, but they’re equal. They are in service but aren’t servants.”

Remembering that Total Quality Management intrinsically promotes brand, and likewise to brand, it is an integrated philosophy embodied by everyone with whom it engages. Here are a few takeaways from the case study of the original Ritz-Carlton win:

Commit to Quality: This requires support throughout the organization and must be actively led from the top.

Focus on Customer Satisfaction: Customers know what quality looks like to them, and the company must meet and exceed expectations.

Assess Organizational Structure: A good, long, honest look inside the company must focus on its culture and identify any places where organizational structure could impede the drive for performance excellence.

Empower Employees and Teams: Adequate training is required so that empowered staff and teams can implement best practice from the bottom-up.

Measure Quality Efforts: It is critical to gauge efforts toward superior employee performance, streamlined decision-making, supplier responsiveness and improved customer satisfaction.

Learning, improvement and quality are integral to any successful brand, particularly one that goes after a competitive award that’s a good fit for the brand. The Malcolm Baldrige Award is estimated to have an ROI of 820-to-1. Can you identify a suitable crowning achievement that your brand might also pursue?

• CEO Brand Leadership: How Does Your Leadership Impact Your Brand?

• Brand Audit: Tips for Determining Your Brand’s Health – Can it be Improved?

• Brand Personality: Is Your Brand’s Character Big Enough to Compete?

• Rebranding: How to Make it Through a Rebrand and Emerge Stronger

• Creating New Brands: Top 10 Tips for Brand Success

• Branding Amazon: 3 Lessons to Learn for Your Brand Success

• Brand Audits: 10 Things Successful Brand Owners and Managers Must Know

So what do you think?

• Can you identify a suitable crowning achievement that your brand might go after?

• Are there any community, local, regional brand awards that you’d like to earn? Go for it!

• Have you crafted a mission statementand a vision for the future of your brand through your brand profiling?

• Do you perform an annual brand audit and SWAT analysis for your business?

• How does your organization create exceptional brand experiences and recognize outstanding customer-facing performance?

• How does your organization recognize and reward exceptional employee performance ‘behind-the-scenes’ so that peers are aware too?

Feel free to share your thoughts in the comments, we’d love to hear from you.

[1] Mark L. Blazey, Insight to Performance Excellence 2013-2014: Understanding the Integrated Management System and the Baldrige Criteria

[2] American Society for Quality

Creating New Brands: Top 10 Tips for Brand Success

May 6, 2015/0 Comments/in Brand Audit, Brand Auditing, Brand Audits, Brand Culture, Brand Personality, Brand Profiling & Positioning, Brand Promise, Brand Relaunch, Brand Research, Brand Revitalisation, Brand Story, Brand Strategy, Brand Values, Brand Voice, Branding, Rebrand, Rebranding, Target Market /by Lorraine Carter

Launching a new brand is both exciting and challenging. The excitement comes in the promise of something fresh and new that could be wildly successful, be it for your well established, emerging or new startup company — and the challenge comes in getting it right the first time.

Evaluating, articulating, developing and documenting your new brand’s position and purpose is crucial to building a strong successful brand. It provides the roadmap and rationale to get you out of the starting blocks and heading in the right direction towards your ultimate success. And similar to your business plan, it’s also a key foundation to any successful business, be it product or service.

Getting your branding right, from the beginning, is particularly important when you consider it typically costs far more in the long run to rebrand again in the future, if you do it badly the first time, and that’s assuming you even get a second chance.

To help you move in the right direction with your branding here are some of the elements we typically include in our branding process every time we’re working with a client to help them build their brand, whether it’s revitalizing an existing brand or launching a totally new brand to market. These are actionable points you should reference and evaluate before you launch your new brand — product or service — to market.

Top 10 Tips for Branding Success

1. Evaluate and Develop Your Brand Message

The strongest, most successful brands have a consistent message that encapsulates what the brand stands for, its promise and the expected customer experience. Your brand message should ‘show and tell’ your customers who you are through your brand story, and what defines your company—what you stand for and why you’re different, as well as what they can expect when they interact with your brand. They should be able to experience ‘what your brand stands for’ in a real tangible sense, as part of the brand experience.

Actions speak louder than words, so your brand will only be successful if you give your customers a compelling reason to buy through your brands mission, vision, values, promise and so forth. Your brand values and promise, the reasons ‘why’ you do what you do, must be a fully ‘livable experience’ within everything in your business both internally and externally from a customer perspective.

To use the words of Simon Sinek, ‘people don’t buy what you do, they buy ‘why’ you do it and what you do simply proves what you believe.’

Developing a strong foundation for your brand is vital to the planning and execution of your successful brand strategy.

Consider these important points:

What are the needs or problems of your customers?
How does your brand fulfill those needs or solve those problems?
What values and qualities are important to your brand and your primary customer?
What type of experience do you want associated with your brand?
How will your brand enhance your primary customer’s life
Does it make their lives easier?
How will your brand make your customers feel? What do you want them to feel?

Note: People buy with emotion (regardless of gender) and justify with rational so you need to tap into their emotional needs as much as their rational needs if you want your brand to be successful.

In evaluating these attributes, amongst others, you need to ensure your brand message is clear, authentic, relevant, and unique. We use the Personality Profile Performer™ system to identify, develop and articulate all the key factors mentioned, amongst others.

2. Define Your Brand Vision

How do you want your brand to be seen or perceived? Establishing the distinctive character attributes of your brand, together with how it sees the world and how the world perceives it, will help you launch with a strong consistent brand platform that captures the right audience.

Successful brands have a life of their own in the sense that they’re humanized entities through the personality and characteristics they portray. To be successful you’ll need to develop a clear mental image of what your brand is all about — it’s vision — together with its’ persona or character attributes before your launch.

Whether you’re going for adventurous, reliable, timeless, sophisticated, fun and youthful, or innovative and cutting-edge, create and develop your vision for your brand and incorporate it consistently into all your brand touch points or channels and brand collateral.

3. Get Your Employees Involved

Successful brands start from the inside out. As a well established business, entrepreneur or new startup, you have the opportunity to ensure your entire team is engaged and on board with your brand, prior to the revitalization and re-launch or new introduction to market.

This process is just as important if you are revitalizing an established brand or launching a new brand to market. Your team can provide invaluable insights and the more you involve them in the process the more likely they are to embrace it, take ownership and act as catalysts for change by being early adopters of new cultural behaviours throughout the business. Your brand promise is far more likely to be carried consistently across the customer experience if everyone believes in it and really lives it in everything they do.

4. Research and Develop an Intimate Knowledge of Your Customers

50% plus of marketing spend is misaligned, going to areas that don’t influence the purchasing decisions of top customers (Source: McKinsey&Company). Find out what really matter to your customers.

It’s impossible to target a brand audience if you don’t know who that audience is or what they want. If you want to make your brand compelling you have to know what matters to your customers and the only way to really establish that is to conduct research.

This can include aspects of you customer such as demographics—the age group(s), gender(s), socioeconomics, geographic locations, what they have in common, what motivates them and so forth if preferences are not strictly age related and other relevant categorical factors that help define your ideal customer.

Do some test marketing or research into identifying your target demographics, and then find out what appeals to them—their needs and desires, and the problems your brand can help them solve.

It’s also important to consider developing Buyer Personas or Pen Portraits of your ideal customer to help you shape your branding strategy. The combination of both Buyer Personas and market research or limited test run service or production run (if you’re selling a physical product) can provide you with invaluable insights. These can then help you develop and plan your branding strategy specifically tailored to meet your customers real needs, particularly when you incorporate these customer motivations into your brand collateral and various branding platforms and brand experience.

5. Evaluate, Benchmark and Rate Your Competition

A brand audit or market research prior to re-launching or launching a new brand is critical not just for your target audience, but also for your competitors. You need to know what type of competition you’re facing in your intended market, and find out what they do well and where they may be lacking. Their weaknesses are your opportunities, potentially providing you with gaps in the market that you can leverage to your advantage.

Once you’ve identified your competitors’ weak points or areas of poor customer satisfaction, you may be able to build a brand niche on fulfilling those unmet needs for your customers. The ability to differentiate from the competition, be that perceived or actual, is key to a thriving and successful brand. By carrying out a comprehensive competitive analysis and brand audit of your market sector, you can build differentiation into your brand from the start.

6. Review Your Brand Concept for Usefulness

Some new companies make the mistake of launching a brand based on hype, touting their products as “new and different” or relying on surface factors (such as beautiful packaging or a stunning logo) in order to capitalize on the brand. However, if the actual products or services are not high quality and really enhancing the lives of their customers in a way that tangibly matters to them, the brand will fail.

The best brands fulfill a customer need or desire, or solve problems that other brands don’t. There are many forms this fulfillment can take, whether it’s true innovation, a new twist on an existing line, or even perceived value that is higher than the competition—but the core quality must be there for any of these strategies to succeed. This is where audience targeting can be crucial, as it can take some time to identify the right demographics for your brand to serve.

7. Design a Distinctive Brand Identity

Truthfully, obtaining perfection is an impossible goal—but your brand logo should be as close to perfect as you can get when you launch a new brand. Your brand logo design is the central identifier or visual component of any brand, and a great logo can be a powerful tool for success. Think of iconic brand logos that are instantly recognizable: the Nike swoosh, McDonald’s golden arches, the Olympic rings, the Mercedes-Benz three-point star or Virgin. All of these logos help convey the values and qualities of the brands they stand for, and foster brand visibility and loyalty.

Image via www.virgin.com

Take the time to create a brand logo that is unique, clean and strong, and succinctly expresses your brand, and what it stands for, at a glance. When used consistently, a compelling and recognizable brand logo will support the drive for brand success.

8. Let Your Passions Shine

Whether you’re a long established business launching a new brand, a seasoned entrepreneur or an uninitiated start-up you are uniquely positioned to infuse your new brand with the passion that led to the launch of your business.

All of the enthusiasm and excitement that went into creating your company should be poured into your brand development and messaging with the same passion. This will enable you to build an authentic brand that connects with your customers and evokes emotion—which in turn fosters loyalty, repeat purchase and referral for brand success.

9. Develop and Commit to Your Brand Promise—and Never Break it

Every successful brand comes with a promise to its customers. For example, Johnson & Johnson baby products makes a promise to parents that the brand will care for their baby’s sensitive skin like no other. Domino’s Pizza promises that its customers will have their orders delivered in 30 minutes or less—and reinforces that promise with a money-back guarantee.

What will your brand promise your customers? It is essential to not only define your brand promise, but to keep it every time, with every customer interaction. Brands that break their promises quickly fall out of favour and struggle to stay afloat in the market.

10. Maintain Your Brand Consistency

Finally, successful brands are unfailingly consistent—across every customer channel, every brand touch point, and every piece of brand collateral. Brand consistency means infusing every aspect of your brand, from packaging to marketing to in-store, customer facing staff or online experiences, with the values and promise your brand stands for.

It’s about far more than maintaining your corporate colours in your marketing material (although that aspect is also absolutely essential too and the reason Brand Style Guides are created). Being consistent should extend throughout your brand presentation, communication, and customer service. Creating a single impression for your brand from the beginning enables you to quickly increase visibility and recognition, and develop a loyal customer base who will spread your brand message for you.

Strong, engaging, and consistent branding is the critical foundation that supports all of your marketing activities, and drives the success for your company. Use a system like our Personality Profile Performer™ to get a great started with a well-defined brand that meets the needs of your target audience and outshines your competition, and you’ll enjoy a long and successful branding experience.

You may also like:

• Brand Differentiation: 30 Ways to Differentiate Your Brand

• Brand Personality: Is Your Brand’s Character Big Enough to Compete?

• Brand Audit: Tips for Determining Your Brand’s Health – Can it be Improved?

So, what do you think?

• What excites you about launching a new brand? What are the challenges you believe you’ll face for your new brand?

• How well do you understand the requirements of your new brand messaging?

• Who is your ideal customer? What are the specific demographics of your target audience?

• How will your new brand differentiate from the competition?

• Does your brand offer the right quality and value to your customers for its positioning? How can you tie that offering to your target audience?

• Have you expressed your brands’ passions through your brand strategy? How will you capitalize on this?

• What is your brand promise, and how will you maintain it consistently across all of your brand touch points?

Feel free to share your thoughts in the comments. We’d love to hear from you!

Brand Renaming: Name and Tagline Change Considerations

February 17, 2015/0 Comments/in Brand Audit, Brand Auditing, Brand Audits, Brand Collateral, Brand Name Creation, Brand Name Origination, Brand Profiling & Positioning, Brand Relevance, Brand Strategy, Branding, Rebrand, Rebranding, Return On Investment, Situation Analysis /by Lorraine Carter

Is your brand struggling to stay relevant, afloat, or sinking in the marketplace? Do you feel that your brand could be capturing more market share—but it just isn’t happening on your current platforms?

Renaming your brand or changing your tagline can be a powerful strategy for brand renewal or revitalisation, but it’s not a process that should be taken lightly. Effectively pushing the reset button on your brand requires careful consideration and planning, and a sound strategy based on the right reasons.

The name of your company, product, service or range etc. is often the first thing anyone will come in contact with. It’s your first impression. The question here is, do you want your first impression with your primary audience to be something that’s interesting and helps tell your story? Or do you want something that sounds like many others, an industry or category norm but consequently has less impact because it blends in with the rest – that might be a strategic choice but often not the one most desired.

A good name is a compact easy-to-communicate piece of information, it can grab peoples attention and makes them want to know more. It can make them stop and think, laugh or smile, or let people know how you feel about the world around you. Ideally a good name should communicate one key objective, which is strongly founded on your brand promise, positioning, brand values and tailored to fit with your core customer mind set.

Image via google.com

A great brand name is vital to the success of your business. As an example of the power of a name, look to one of the most recognised and powerful brand names in the world: Google. Would the search engine giant have risen to the same heights the organisation enjoys today if they’d kept the original company name of BackRub? Perhaps unlikely—that particular brand renaming might have been one of the best ideas in history.

When creating compelling brand names for our clients we use our Nail it Naming System™. If you’re considering re-naming with some inhouse brainstorming, then here are some of the key factors that you should consider before changing your brand name or brand tagline in order to optimise the effectiveness of a re-naming brand strategy, and ensure true growth for your brand.

Reasons for Brand Renaming: Good versus Bad

The first thing you should consider with a renaming strategy is why you want to change the name of your brand, and / or use a different tagline. There are many good reasons for brand renaming—and some not-so-good reasons.

Some good reasons for changing your brand name include:

Your brand name has damaging associations. Mistakes happen, but a mistake in business can have a substantially negative impact on your brand name. If your sales or market value are suffering because of a past problem, renaming your brand can give you the opportunity to start afresh with a clean slate.

Your current brand name is obsolete. Every brand must stay relevant in order to be successful. If your brand name sounds old-fashioned (but not retro), a brand name change may be a good strategic decision.

Your brand name doesn’t capture the essence of your offering. Consider the brand name Quantum Computer Services. What does that tell you about the brand? Maybe you’re thinking ‘not much’ or assuming it must be some kind of computer repair company. But when this organisation changed their name to America Online (AOL), the brand became synonymous with their service offerings.

Image via www.aol.com

Your business has expanded beyond the original brand. If your company name originally conveyed particular founding offerings, but you’ve outgrown and expanded beyond what the brand name originally referred to, changing your brand name can help you refocus and expand to capture other larger markets further afield.

Another brand has a similar name. This type of issue often arises for businesses that are expanding their geographical reach. If there are established businesses in new markets with a brand name that’s similar to yours, renaming your brand can help you compete in these new markets. As an example, 11-year-old Miller Insurance Group based in Florida was looking to expand nationally in the United States, but Millers Mutual already had a strong presence in the Northeast. The company rebranded to Brightway Insurance and successfully grew a national market base.

Your company is experiencing a merger or acquisition. When two or more companies come together, there are a few different branding options. In some cases it makes sense to keep the brand name for the strongest brand—but a complete brand renaming may also be a viable option for the newly formed company.

On the other hand, here are some situations where renaming your brand may be the wrong strategy:

Change for the sake of change: Renaming your brand because you think another name would sound better is a poor decision for change. Brand renaming should not be done on a whim—you need to invest time and resources in a brand name change in order to ensure the desired commercial returns. Changing your name without a solid strategically driven reason can also confuse or alienate your customers.

Destroying brand equity: For brands that are already well established, changing your brand name can be incredibly risky. If your customers already have a strong association and connection with your brand name, renaming it can substantially undermine and negatively impact your business amongst existing loyal customers. Their trust in your brand can become weakened, resulting in market confusion and plummeting sales.

Evaluating Your Existing Brand Equity

Brand equity should also be a top evaluation factor for any brand considering a name change. With brand renaming, you not only risk confusing or alienating your existing customers, you could also end up with high costs for your rebranding efforts that may not deliver the desire return on your investment. For example if you have a large amount of existing brand collateral, changing your brand name can be expensive.

Your customers and transitioning them through a potential brand name change is perhaps the most important factor in your brand re-naming brand strategy. Before deciding to change your brand name, you’ll need to conduct some detailed research or a brand audit of your existing brand equity. Find out how customers really feel about your brand, what qualities do they associate with it, what do they think your brand name stands for and how much influence does your brand name have on their purchasing decisions.

If you have significant valuable brand equity, but still need to rename your brand—for reasons such as your brand name no longer appropriately reflects your offering, your business has expanded beyond your current brand name’s relevance, another brand has a similar name, or you’re being legally compelled to change the name—you should implement a transitioning strategy that will help both existing and new customers associate the new name with your original brand name thereby helping them make the move with you and reducing the potential risk of any loss of business.

As an example, U.S. based company CallCopy was launched in 2004 as a provider of call recording software. The company expanded its market and its product offerings, and recently added a complete suite of tools for workforce optimisation, providing greatly enhanced and expanded functionality beyond merely recording calls. The organisation needed a new name, because existing customers continued to associate their brand with just the original more limited offerings—but they already had strong brand recognition for their founding name in their market.

Image via www.uptivity.com

After deciding on the brand name Uptivity, the company not only created new brand collateral and physical materials like employee shirts and business cards, but also launched two parallel business websites. One used the original business name, and the other was under the Uptivity name, but branded with “formerly CallCopy.” The company kept both sites running for three months to build SEO before redirecting the CallCopy website entirely to the new Uptivity URL and phasing out the “formerly” rubric.

Choose Your New Brand Name Wisely

Google is synonymous with Internet searches, but that wouldn’t have been the case if the company had remained “BackRub”—primarily because the original name had no association with the company’s offerings and would potentially have triggered the wrong emotional response for customers.

There are many different ways to name a brand. Briefly, a few of them include:

Founders’ names, like Cadbury or Disney
Geographic names like Patagonia or Cisco (short for San Francisco, the company’s home base)
Descriptive names like Whole Foods or Internet Explorer
Evocative names that paint a picture of the brand
Alliteration or rhyming names
Made-up names (neologisms) like Twitter
Hybrid names like Microsoft
Acronyms (did you know that Yahoo! stands for Yet Another Hierarchical Officious Oracle?)

Whatever naming convention or strategy you choose, your brand’s new name should succinctly encapsulate your offerings and capture the emotions you want customers to associate with your brand. It should be memorable, engaging, and differentiated from your competitors. Choose a brand name that is unique to your company and your platform, and your brand renaming efforts will have a much higher chance of success.

So, what do you think?

• Is your brand succeeding as a result of, or in spite of your brand name?

• If your brand is struggling, can it be attributed to your current brand name or tagline?

• Is your brand name outdated, irrelevant, or non-descriptive?

• Can your customers recognize the types of products or services you offer based on your brand name? How can you give it more meaning and relevance?

• How much brand equity do you have built into your current brand name? Does your business situation still demand a renaming?

• What brand collateral or platforms would you have to change when renaming your brand?

• Do you already have a new brand name in mind? Does it successfully communicate your offerings, values, and brand vision?

Feel free to share your thoughts in the comments. We’d love to hear from you!

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So, what do you think?

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