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

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.

 

 

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.

 

  Made Smart Single Thought

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.

 

  Made Smart New Packaging

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]

 

   Made Smart Home Pg1

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]

 

   Monsanto Home Pg1

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

 

 

  • 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:

 

 

  • 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?

 

 

You may also like:

 

• 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

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]

   

    

Digital Trends Target The Always On Consumer 600px 

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.

  

 

Harley Davidson Free Wheeler 600px

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 Logo 2012 72dpi

 

 

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.

  

  

Massey Bros Brand Guidelines Cover

 

 

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.

 

 

 Target Express Store 600px

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.   

 

 

Target Ocd Sweater

 

  

  

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.

 

   Hybrid Technology Partners

 

 

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.

  

   

Narragansett Beer 2015 

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.     

     

You might also like:

 

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

  

Lorraine Carter Speaking at The Future Business Forum, Bucharest

Would you like some critical insights into the future trends of branding and business today?

 

Join me at The Future Business Forum 2016, Romania, where I’ll be addressing the key trends in branding and how they’re impacting business so you’re empowered to make the right decisions for your future brand success.

 

  

  

  

  

Glen Kieran, Founder, Future Business Forum will provide an insight into the critical challenges organisations are facing when looking at their business 10 years ahead.

 

Ozana Giusca, Founder and CEO Tooliers, will share her strategies to generate business without any sales reps, no sales calls or meetings, simply by smartly using the Internet. 

 

Discover where the world is going and use those insights to drive your business strategy for your future brand success and increased profitability.

  

Want to know more?

   

Click here for details…

   

Future Business Forum Bucharest Jan2016

  

  

Seasonal Branding: Tread Carefully with Christmas Themed Brand Strategies

Fourth quarter commercialism looms large. Sparkly red and green Christmas displays are simultaneously mounted as spooky orange and black Halloween decorations come down.

From Ireland to Illinois, consumers react in unpredictable ways to brand seasonal messages that creep in earlier and earlier every year. For retailers, that response can mean boom or bust for critical end-of year-sales figures.

  

 

Black Friday Launches the Season

 

Like a turkey sandwich in-between Halloween and Christmas, America has another huge national holiday. On the fourth Thursday of November, the weekend following Thanksgiving traditionally signaled the official start of Christmas during most of the 20th century. Dreamt up as a marketing concept in 2003, Black Friday is now the most frenzied shopping day of the year. It sees queues forming overnight for big sales, many beginning at dawn and some as early as midnight on Thanksgiving Day.

 

Black Friday is spreading. In recent years, Canada, Mexico and India have followed suit while giant American retailers like Disney and Apple introduce online sales in Australia, too. French shoppers are familiar with “Vendredi Noir.” In the U.K., Tesco and Argos 2014 Black Friday promotions prompted police action in Manchester, with Argos withdrawing from the event in 2015. 

 

Meantime, as early Christmas shop windows draw back the curtains on November installations, the 114-year-old U.S. retailer Nordstrom takes a different approach, making a statement about celebrating one holiday at a time, as seen in a window display. 

  

  

 Nordstrom Window Twitter

Image via www.twitter.com

 

  

In America, Hollywood goes nuts at the holidays over box office receipts for new film releases, but the small screen is tame on TV adverts compared to the U.K., where Christmas adverts are a national pastime. 

  

We look at a mixed bag of examples representing both large brands and smaller ones on both sides of the pond to see how campaigns are making the most of the season — while others have misfired and are quickly pronounced a failure. See what you think about these adverts.

  

 

Balancing Sales Strategies Intended as Charitable Endeavours

 

John Lewis is one of those nationwide UK brands that attracts considerable media attention with their annual Christmas message, usually a tear-jerker. This year’s advert tells the story of a little 6-year-old girl called Lily and an old man she spies with her telescope, who lives — all alone and lonely — on the moon. The advert is designed to raise awareness for the charity, Age UK, with its tagline: “Show someone they’re loved this Christmas.”

 

 

 

 

 

According to The Guardian, “Last year, the retailer also spent £7m on a campaign featuring a realistic animated penguin and a young boy playing together to the tune of John Lennon’s Real Love, sung by British singer-songwriter Tom Odell. It had drummed up 22m views on YouTube by the first week of January…” This year’s numbers are soaring ahead of last year’s. 

 

  

 

 

Rachel Swift, head of brand marketing at John Lewis, is quoted in The Telegraph saying there is a consistent style for the store’s seasonal adverts. “It is has become part of our handwriting as a brand. It’s about storytelling through music and emotion. The sentiment behind that hasn’t changed – and that is quite intentional. The strategy behind our campaigns is always about thoughtful gifting.”

  

The £1 million production for a six-week-long £7 million campaign, which includes more cost for shop floors kitted out to resemble a moonscape, has seen members of the public ask[1]: Why couldn’t John Lewis make a multi-million contribution to Age UK? In fact, the profits from three small ticket items sold at the department store – a mug, a gift tag and a card – will go to the charity supplemented by donations from the public, inspired by the advert’s message.   

 

 

John Lewis Consumer Reaction Twitter 

Image via www.twitter.com

 

 

Brands Play to Emotions to Drive Brand Loyalty 

 

Tugging at the heartstrings via hugs, cute penguins, a melting Mr. Snowman, and even World War I soldiers celebrating a Christmas truce in the trenches are among the emotional connections brands are working and spending hard to make happen.

 

 

 

 

 

Why? In a word, loyalty. As pointed out by a retail analyst[2], for modern consumers to change brands no longer involves driving to another village or shopping centre; swapping brands is as easy as the click of a mouse. All of which means your brand strategy needs to be a lot more sophisticated if you want to first attract and then hold onto your customers. Remember people buy with emotion first and justify with rational afterwards — regardless of gender or cultural background. Your brand must be rich with authentic personality, have a really big why — reasons beyond the money to buy, create emotionally compelling reasons to engage, and ensure it includes an advocacy strategy within your action plan if you want to increase your profitability and ensure long-term success.  

 

A MindMover opinion poll[3] indicates the following brands are most closely associated with Christmas adverts in the U.K.: Coca-Cola, Marks & Spencer, Tesco, Sainsbury’s, Argos, Cadbury, Asda, Toys R Us and Amazon. Not queried is the million pound question — that is, whether top-of-mind-awareness produces the all-important return on investment.

  

  

A Big Brand Blunder at Bloomingdale’s

 

Bloomingdale’s, U.S. luxury fashion chain stores owned by Macy’s, made such a spectacularly poor judgement in their 2015 Christmas advert that a week after the department store had apologized via Twitter, major editorials continued to call for a deeper response.

 

  

Bloomingdale's Advert Via Twitter 

Image via www.twitter.com

 

 

“Appearing to promote date rape,” says the Wall Street Journal[4], the “creepy” and “offensive” advert reads, “Spike your best friend’s eggnog when they’re not looking.” Clearly, it went viral in the wrong way for the large retailer.

  

  

 Bloomingdale's Apology On Twitter

 Image via www.twitter.com

 

  

A Storm in a Teacup at Starbucks

 

At Starbucks, they knew what they were doing when the white snowflakes decorating the seasonal red cup design were removed. A seemingly simple change sent consumers in large numbers straight to social media, to sign a petition, and to boycott the brand, claiming that Starbucks was making an anti-Christ religious statement. “It’s just a red cup”, tweeted the voice of reason while Instagram lit up with Starbucks images and the nation’s top talk show hosts chimed in.

 

 

 Starbucks Red Christmas Cup 2015

Image via www.vox.com

 

 

Three lessons learned, says Entrepreneur[5], and small brands should pay especially close attention to number three on this list:

1) All PR is good PR. Starbucks marketing knew the response wouldn’t be universally positive, but they also knew this was not a crisis

2) The power of social media sharing is awesome — and free

3) Brands who react fast can newsjack a trend. “Other coffee brands got a boost from the issue, such as Dunkin’ Donuts, with its holiday cup release.

  

  

 Dunkin' Donuts Shout Out Twitter

Image via www.twitter.com

 

 

The subject has also created opportunities for smaller companies, YouTubers and creative types alike to ride the wave and get attention.”

 

 

Just Wine Starbucks Cup Twitter 

Image via www.twitter.com

 

 

That’s the same brand strategy employed by the many John Lewis parody adverts that follow immediately on the heels of the store’s annual commercial.

 

 

Smaller Brands & Seasonal Brand Strategies

 

Small brands can make a large impact in the community by scaling ideas such as co-branding in a lower key way, supporting a charity or club, adding removable seasonal details to products and packaging design, donating Christmas trees to community centers, hospitals and nonprofit organizations.

 

In London, independent, privately-owned residential estate agency Bective Leslie Marsh has supported West London Action for Children for over a decade. Estate agents and local residents partner to raise funds for the 98-year-old charity through year-round bridge and tennis tournaments, trivia quiz nights, barn dances, garden fetes and more.

 

To offset Black Friday’s emphasis on big box stores and chain stores, Small Business Saturday was launched in the USA in 2010. It focuses on the bricks and mortar local shops that are the fabric of the Ma & Pa character neighbourhoods with American Express is the main sponsor. Partnerships and promotion via Google street view, Twitter, Instagram and Facebook come up with initiatives to launch holiday shopping on the last Saturday of November too. 

 

Other successful ideas have included branded shirts and kits for a local sports club, providing staff to serve Christmas dinners at senior centres, running a toy drive or food hampers collection, singing Christmas carols to collect for the Salvation Army, St. Vincent de Paul and similar. It’s important to make a small investment in well design brand collateral such as banners, posters, placards, T-shirts, caps and other branded items to decorate and to wear in order to properly associate the occasion with your own brand.

 

 

So, what do you think?

  

• Are you often caught short of time, or do you have a holiday marketing plan drawn up by Quarter 2? Do you need to include this as part of your brand audit health check or brand revitalization strategy?

 

• Does your brand have a charitable and/or community giving programme?

 

• Does your brand strategy include corporate social responsibility?

 

• Do you know what initiatives, outreach or volunteer activities your employees — your brand champions — would feel most supportive of on behalf of your brand?

 

• Do you feel confident about maximizing the potential impact on sales via volunteerism on behalf of your brand?

 

 

You might also like:

 

• Christmas Branding: Top 10 Tips to Infuse Your Brand with Seasonal Spirit

  

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

 

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

 

• Brand Sponsorships: The Best Brand Ambassadors Are Already On Your Payroll 

 

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

 

• Brand Differentiation: 30 Ways to Differentiate Your Brand

 

• 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  

 

[1] As seen on Twitter #johnlewischristmasadvert

[2] Bryan Roberts, Kantar Retail analyst, The Telegraph, 16/11/2015

[3] “Glad Tidings for John Lewis…”, The Guardian, 6/11/15

[4] “Bloomingdale’s Holiday Ad Draws Backlash…”, Wall St Journal, 12/11/2015

[5] “3 Lessons from Starbucks’ Red Cup ‘Controversy’”, Entrepreneur, 16/11/2015

 

 

Colour Psychology: Cracking the Colour Code for Profitable Branding

Colour is incredible! From rainbows to coral reefs and from bluejays to goldfish, throughout the natural world, the phenomenon that we call colour is a vital source of stimulation and communication.

  Colour Emotion Guide

When translated to the human sphere, its enormous power adds huge impact to communications, opinions, recall and emotional connections. In fact when used correctly, colour can be used as a pivotal tool to substantially influence purchasing decisions, be it product or service.

  lorraine-carter-persona-brand-building-mastermind-700x344px

Leveraging Your Brand with an Exciting Red or a Trustworthy Blue

According to research from Canada’s University of Winnepeg, “Impact of Color on Marketing”, people make a subconscious judgement within 90 seconds of their initial viewing, and that up to 90 percent of the assessment is based on colours alone. [1]

“Exciting Red and Competent Blue”, published by the Journal of the Academy of Marketing Science, explains that colours influence how consumers view the personality of brands, looking at the impact on purchase intent. [2]

The University of Loyola, Maryland, reveals that colour increases brand recognition by up to 80 percent, while KISSmetrics says, “85 percent of shoppers place colour as a primary reason when they buy a particular product.” [3]

Studies done by the internationally recognized Pantone Color Institute® indicate that “consumers are up to 78% more likely to remember a word or phrase printed in color than in black and white.” [4] They cite that colour combined with text, as in a logo, impacts readers with the trifecta of getting better recall, recognition and attention — all good news for the brand story.

Colour Infographic 600px

Creative Violet, Peaceful Green and Bold Red

Certainly, nobody would have thought to suggest to masters like Paul Gauguin and Vincent Van Gogh that colours don’t really matter much. Mark Rothko’s canvases, devoid of subject matter, convey their message solely through powerful use of colour, such that “Violet, Green and Red” (1951) was worth $186 million just 63 years after the canvas paint dried.

    Violet Green And Red By Mark Rothko

“Violet, Green and Red” – Mark Rothko, 1951, Wikimedia Commons, public domain

We know that colour is important in our daily lives. We live in a world of colour. Comments such as, “What colour eyes does the baby have?” and “Let’s buy a red car” or “That shade looks good on you” are commonplace statements. Most of us have favourite colours and feel better when we wear them.

What most of us don’t realise is how much impact colour has on all of us subconsciously, or how much it can be used to influence us in the hands of a knowledgeable master.

World Authority on Colour

Pantone® is the world authority on colour. Each December, their U.S.-based Pantone Color Institute issues a hotly-awaited Pantone Colour of the Year, meant to influence fashion runway collections, interior decor and yes, even car manufacturers. In 2015, for example, “a naturally robust and earthy wine red” called Marsala (#18-1438, to be precise) got the annual nod as top pick for stylish nail lacquer, neckties, table napkins, wall paint and more.

   Pantone Color Of The Year Marsala 2015

Image via www.pantone.com, Marsala 2015 Color of the Year – Pantone®

Colour Strategy in Brand Success

But, your company logo and your product line is far more complex than an accessory. Clearly, when a company manufactures products, designs a brand logo, buys staff uniforms, develops new packaging designs and invests in advertising, there will be no opportunity for a 12-month cycle to accommodate trend-setting changes.

Choosing a business brand palette is not about a designer’s preference, your favourite colours or anyone else’s. Brand colour choices are long-term decisions and it’s a critical identifier and influencer on the perception and personality of your brand. Colour is also widely credited with influencing purchase decisions.

Case-in-point, most people know where this box comes from even without seeing the sterling silver jewellery it contains. Somehow, it wouldn’t quite do if the box were red.

 Tiffany's Box

Image via www.tiffany.com

The colour wheel makes your business go round and round. It speaks to your customers. It differentiates you from your competitors. It is bold and discreet at the same time. It’s interactive.

   Colour Wheel

Image via www.pantone.com

Change a signature brand colour and you’ll see how wrong it can feel:

 Starbucks Dunkin Donuts Colour Swap

Image via Fast Company Design, Paula Rupolo: Starbucks / Dunkin Donuts

It’s worth noting that Harley-Davidson is aiming to grow their 12 percent female market share with a sleek black model, not a sparkly pink one.

   Harley Davidson 2015 Street 750

Image via www.harley-davidson.com

London-based colour and design consultant Karen Haller says, “When you use the right tonal harmonious colours, your brand’s message is communicated quicker to the brain than words or shapes as they work directly on our feelings and emotions.”

It doesn’t have to be beige.

Test yourself. We’ve scrambled the colours, their interpretation and one famous example of use in branding. Can you make 10 proper pairings? (Answers are found at the bottom of this post.)

Colour Pairs Quiz

Colour Strategy at Top Brands

Apple

Apple brought colour into a marketplace where colour had not been seen before. Steve Jobs introduced colourful iMacs in tangerine, blueberry, grape, strawberry, and lime followed by indigo, flower power, and blue Dalmatian. By the summer of 2000, the first snow white iMac was a thing of beauty. [5]

Apple was the first to say about computers, “It doesn’t have to be beige” — in the course of which brand packaging helped the company recover from a two-year loss of $1.8 billion to become the world’s largest public company, top in tech and the most valuable brand on earth. [6]

  Colours I Macs 600px

Image via www.apple.com

Heinz

Ketchup is red, right? Unless it’s green. Heinz sold more than 10 million bottles of its EZ Squirt Blastin’ Green Ketchup in the first seven months following its introduction in 2000 — because kids wanted it. That’s $23 million in green ketchup sales because of a simple colour change.

 Heinz Ez Squirt Ketchup

Image via www.fastcodesign.com, Heinz

And then, they over did it somewhat by introducing purple, pink, orange, blue and a rainbow mystery colour. No quite so appetite appealing! Mums hated it, especially when kids mixed them together on the dinner plate. Some 25 million bottles later, the party was over and all but the original were withdrawn. Colour matters and ketchup is red again.

Coca-Cola

Bright red with elegant white script, the best known logo in the world is considered to be Coca-Cola, which is little changed since 1887. When, in the mid-1980s, Coca-Cola made their first product taste change in a century, they also changed the cans’ packaging design to emblazon them with Coke lettering. They wish they hadn’t. Within three months, Classic Coke was back on the shelves as Coca-Cola. Brand marketers say it was a classic mistake to mess with Coca-Cola’s iconic red and white brand packaging design.

New Coke 1985 1987

Image via Wikimedia Commons, public domain, Coca-Cola

McDonald’s

Where can you go without running into the Golden Arches? McDonald’s introduced them in 1960 to be seen towering above roadside establishments as America took to the nation’s newly-built highways. Why are the arches golden yellow? See how they stand out in this photo of McDonald’s logo seen against the blue sky. The arches rise from a field of red, very much considered the colour of choice for fast food brands including KFC, Wendy’s, Burger King, Pizza Hut, Domino’s Pizza and more. That’s it…a simple ‘M’ shape with happy yellow and energetic red, meaning “Stop here now”.

   Mc Donalds Golden Arches 600px

Image via Wikimedia Commons, public domain, McDonald’s

While colour preferences are personal, it’s universally understood that yellow means sunny and happy, while red translates as fiery and attention-grabbing. Whether a message is transmitted subliminally or overtly, the importance of colour in brand strategy cannot be overstated.

Since colour choices impact every aspect of a commercial enterprise, brand owners should aggressively re-evaluate that choice throughout their brand’s strategy, logo, brand collateral, packaging design, web design, product development, advertising and so on. Has your brand’s colour palette been selected with the right intent and applied to best possible effect? We’re here to help ensure that the answer is emphatically “yes”.

PPP-eProduct-Enroll-eCourse-800x700px

What do you think about the use of colour in branding?

 

  • Would you like to know more about how colour selection makes a significant difference in consumers’ intent to purchase?

 

  • Do you suppose that consumers (or just designers) are influenced by Pantone’s Color of the Year?

 

  • On brand design, have you considered whether your brand’s colour palette is a good fit with your product or service?

 

 

  • How did you score on the answers to the colour matching quiz for brands?

Answers:

Yellow = Optimistic, positive, cheerful / Veuve Cliquot e.g. Cara Matches

Blue = Trustworthy, dependable / Facebook e.g. Wavin

White = Simplicity, purity  / Apple

Green = Growth, freshness, natural / Starbucks e.g. Connemara

Pink = Youthful, energetic, playful / T-Mobile e.g. O’Egg White Eggs

Brown = Honest, simple, down-to-earth / M&Ms e.g. McConnell’s Gourmet Smoked Foods

Purple = Nostalgic, royal, sophisticated / Cadbury e.g. Massey Bros.

Black = Elegant, luxurious / Guinness e.g. La Moulière

Orange = Trendy, fun, approachable / Easy Jet

Red = Bold, powerful, exciting / Coca-Cola e.g. Tilley’s Confectionary

[1] http://www.emeraldinsight.com/doi/abs/10.1108/00251740610673332#

[2] ink.springer.com/article/10.1007%2Fs11747-010-0245-y

[3] https://blog.kissmetrics.com/color-psychology

[4] http://www.pantone.com/pci

[5] http://lowendmac.com/2005/which-imac-is-it-low-end-mac-guide-to-g3-imacs

[6] http://www.telegraph.co.uk/finance/globalbusiness/10002790/The-worlds-biggest-companies.html?frame=3293648

Rugby World Cup Branding: 5 Ideas You Can Learn From Big Brand Marketers

At the early Olympics, every four years triumphant athletes were lauded by having sponsorships called out (family name and native town), odes written and likenesses commissioned. These ancient versions of mass media frenzy were designed to create buzz and sing the virtues of the victorious. Today, major sporting events continue to represent big opportunities for ambassadorships and sponsors, since everyone loves a winning athlete.

 

As the world’s third-biggest sporting event, attracting an audience of 4.5 billion, brands of all sizes have jumped on board. Three thousand years later, what can we learn from the contemporary interpretation of getting one’s brand behind huge sporting events such as the Rugby World Cup?

 

 

Note that brand strategy in 2015 requires the “softly, softly”, more authentic and transparent approach for even the most hard-core rubgy fans. Here’s what we mean by that:

  

1. Humanizing Your Brand (case study Duracell)

 
2. Developing Influencers (case study Heineken) 

 
3. Adding Values (case study EY)

 
4. Thinking Locally (case study Land Rover)

 
5. Using How-To (case study Canon)

 

  

Humanizing Your Brand: Duracell’s Powerplay

First and foremost, you want a battery that lasts; not much else about a battery is terribly important. But, how do you know when the battery is about to die? Unlike smartphones, there’s no indicator screen — unless you’re using PowerCheck technology, uniquely found on Duracell batteries since 1996.

  

Duracell re-positioned #PowerCheck within the rugby event framework, capitalizing on an ideal opportunity for Duracell to emphasize both power and strength. A two-pronged approach, to put a face (and physique) to the brand, enlisted Wales and British Lions captain Sam Warburton as the muscle-bound ambassador for a digital, in-store and PR campaign featuring footage from previous Rugby World Cups.

 

 

  

 

  

On the 2015 World Cup rugby pitch, #PowerCheck technology is used to help to track players’ performance indicators, combining rucks, tackles, carries and turnovers won during each game, rewarding those who “stay stronger for longer.”

 

 

 Duracell Sam Warburton Rugby World Cup 2015

Image via www.marketingweek.com and www.duracell.com

 

 

Alex Haslam, senior assistant brand manager for Duracell UK & Ireland, told Marketing Week the sponsorship will continue in future years and become part of the brand’s long-term brand strategy. Haslam said, “We know we’re not going to own rugby as a brand, but we’ve created something totally ownable. No other brand is talking about power and longevity.”

  

  

 

 

   

Actionable Branding Tip 1

How can I humanize my brand? The Duracell brand strategy can help smaller brands because it’s totally scaleable. Community events, county championships, school fairs, local youth sport clubs, charity fun runs and tournaments all present opportunities for associating your brand with local heroes and teams. Sponsor T-shirts, donate the local juniors’ kits, donate printing services, provide snacks and beverages for break time. We can help you find a great fit for your brand message in connection to a well-respected event, just like Duracell did.

  

  

Developing Brand Influencers: Heineken’s Heads or Tails

Former England captain Will Carling is a rugby VIP. Heineken is a big beer brand. People watch the rugby while drinking beer. Everyone gets that…but, there’s more to a tie-up than hiring someone like Carling to hold up the famous green beer bottle with the red star for the camera.

 

Heineken thought out some ways to get armchair fans involved with star rugby brand ambassadors to enhance the spectator experience, even to the extent of getting 48 fans onto the actual field to open matches, creating untold positive reinforcement for Heineken.

 

The campaign, “It’s Your Call” was created. Consumers find a unique code on the inside of special Heineken promotional packs or on a coin card given out in pubs when buying a Heineken during the promotion. Up for grabs are thousands of official Rugby World Cup 2015 merchandise prizes and the chance to flip the coin at Rugby World Cup 2015 matches.

 

 

   

    

  

To further emphasize “experiences, not just sponsorship,” Will Carling includes coin toss winners in video interviews with top rugby stars, while consumers are invited to live tweet at the rugby legends.   

 

David Lette, premium brands director for Heineken UK, told Marketing Week, “The key thing for us is how we drive the association in a unique and experiential way for consumers.”

 

 

 Heineken Rugby World Cup 2015 600px

Image via www.marketingweek.com and www.heineken.com

 

  

 

Actionable Branding Tip 2

Can a smaller brand develop influencers? Absolutely. Heineken created evangelists-for-life by rewarding ordinary consumers and small brands can, too. Influencers don’t need to be famous. Your brand’s evangelists are your satisfied customers, and they’re happy to enter competitions, provide testimonials, attend events, sample new products, appear in videos. Just begin the conversation with them and press “record.” We’ll show you how to create effective videos within budget.

  

 

    

Adding Values: EY (Ernst & Young) Connects the Dots

Appointed as the official business advisor for the tournament, professional services firm EY (Ernst & Young LLP) targeted a B2B opportunity outside the consumer sphere.

  

 

 Ey Teambuilding And Leadership Rugby Worldcup 2015 600px

Image via www.ey.com

 

 

Homing in on good sportsmanship values like leadership, motivation, performance and teamwork, EY connects the dots to resonate with their client base. Via exclusive seminars and publishing interviews with highly regarded rugby personalities, EY stays relevant while shining a light on their brand’s appointment.

 

  

 

 

 

Comments from proven winners in the world of rugby come from Katy Mclean, England women’s captain; Sir Graham Henry, former coach of New Zealand’s All Blacks; and Sir Ian McGeechan, former Scotland and British Lions player and coach, on topics such as “Lessons in Leadership: Rugby to the Boardroom.” It’s a perfect fit for B2B.

 

 

 Ey Sir Ian Mc Geechan Rugby World Cup 2015 Leadership

Image via www.ey.com

 

 

Tom Kingsley, sport and sponsorship director at EY, illustrates the tie-in, “On a daily basis we are asked by our clients about how to compete on a global stage…

Rugby World Cup affords us the opportunity to explore some of those issues because it is the coming together of 20 elite rugby teams all with one aim — to win on the global stage.”

  

 

Actionable Branding Tip 3

We’re a B2B brand, but small: Smaller business can mirror EY’s content marketing strategy by creating white papers, blog posts, newsletters, webinars, videos and other B2B marketing initiatives that deliver meaningful information and added value to clients and prospects. When there’s a trending event, connect to it through content. We’ll show you how hashtags are your workhorse and a strongly developed brand content strategy can help you punch well above your weight. 

  

  

 

Think Locally: Land Rover Drives the Message Home

Fact: every sports hero and Olympian began as an amateur. Land Rover plucked “from the grassroots to the greatest stage” as the theme for their local-to-global storytelling campaign using the hashtag #WeDealInReal. The brand recruited 96 enthusiastic mascots aged 7-13 from 11 amateur rugby clubs around the world, representing each competing country to run out with their nation’s team.

 

 

 Land Rover Smallest Rugby Team In The World

Image via www.landrover.com

  

    

People are drawn to inspirational stories. Among the videos created to support the campaign, the biggest hit is titled, “Land Rover Rugby Ambassadors visit the World’s Smallest Rugby Club.”

  

  

 

 

 

“It speaks to the heart of the game and I think it also speaks strongly to the brand about being authentic and genuine,” Laura Schwab, UK marketing director at parent company Jaguar Land Rover, told Marketing Week.

  

 

  

  

  

Actionable Branding Tip 4

Great idea, but we’re not a global brand. Small brands are perfectly positioned to drive Land Rover’s concept forward. As a mascot for the Welsh Rugby Union, pint-sized 8-year-old Finlay Walker at Llanharan RFC and a Hampshire local rugby club were not too tiny to garner attention from Jaguar Land Rover. Every brand can — and must — tell their own authentic brand stories one person at a time. We can help you identify and create the best story opportunities using our Story Selling System™.

  

  

 

Using How To: Canon Says You Can

 

Idea #1: Spot yourself in the stands? Official sponsor of the tournament, Canon is producing a series of 360-degree images capturing the entire stadium during major matches. In a clever interactive twist, fans are encouraged to tag themselves in the crowd via social media.

 

  

 Canono Fan Tag Rugby World Cup 2015

Image via www.rugbyworldcup.com

  

 

Idea #2: Exclusivity rocks. Canon offers amateur photographers who post the best rugby shots to shadow a Getty Images photographer at a RWC 2015 training session. The shots get featured on the official RWC website photo gallery. Who knows what special moments might be captured?

 

  

Rugby World Cup Fan Pics 600px 

Image via www.rugbyworldcup.com

 

 

Idea #3: How-to tips. Self-proclaimed “massive fan” Bear Grylls, intrepid adventurer, is joined by professional rugby photographer Dave Rogers to demonstrate angles, shutter speeds and more tips for capturing great shots like Rogers’ famous Jonny Wilkinson drop kick in Sydney from 2003.

 

  

 

 

 

Cyprian da Costa, brand communications director for Canon Europe, said that images play “a vital role in capturing the unmatched excitement and emotion of global sports.”

 

  

Canon Rugby World Cup 2015 600px 

Image via www.rugbyworldcup.com

  

 

 

Actionable Branding Tip 5

How can Canon ideas help my brand? By turning your brand marketing approach on its head. Years ago, a big brand idea around a huge event would have focused on “Canon can…” rather than “You can…” Take a second look at all your brand’s content and brand collateral, adverts, tag lines and social media to re-position everything with an emphasis on your brand seen through the eyes of your audience, not your executive boardroom. We’re here to help.

  

  

We’d love to know what you think about how to scale these five big brand approaches to fit a smaller brand size.

 

• Have you successfully humanized your brand? Do you need to re-evaluate this as part of your rebranding strategy?

 

• Are you using event tie-ins in your brand content marketing strategy?

  

• Would you like to know more about hacking trends?

  

• Have you shot and posted a library of how-to videos?

  

• Are you telling compelling stories about your brand? This is where you might want to consider brand profiling using a system like our Personality Profile Performer™ combined with our Story Selling System™ to help you develop a really compelling and distinctively different brand.

  

• Is CSR part of your brand strategy? Does your brand support a school, community program or charity drive?

  

  

You might also like:

 

• Rebranding Strategy: Why Your Rebrand Must Embrace Storytelling

 

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

 

• Brand Sponsorships: The Best Brand Ambassadors Are Already On Your Payroll 

 

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

 

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

 

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

 

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

 

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

  

  

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

Millennials, the newest generation of influential consumers (also known as Generation Y or Gen Y), spend more than $600 billion dollars annually with spending power expected to reach $1.4 trillion by 2020, (or 30% of US sales) according to Accenture 2013 research.

 

While these statistics might sound like ‘gold bullion’ for many brands, in our experience often smaller companies and organisations struggle to develop their brand strategy in a way that relates relevantly to this fast changing group of buyers.

 

Millennial consumers are a very fluid constantly moving target with multiple devices overflowing with content clamouring for their attention 24/7. However don’t be too daunted, once you really understand this discerning customer properly and tailor your brand to really meet their needs, you can, like many others tap into this incredibly lucrative market.

 

 

 

Defining the Millennial Customer

 

A Millennial is generally defined as someone who was born between the years of 1980 and 2000, according to multiple online sources, including an article, “Oh, to Be Young, Millennial, and So Wanted by Marketers,” by Hilary Stout for The New York Times.

 

Millennials, on average, have around seven electronic devices that have the ability to access social networking, the internet and even television. While there are exceptions to this statistic, as there are in any demographic, 55 percent of these Millennials are using their devices to connect to videos several times a day, where a large majority of brand engagement takes place. Six out of ten Millennials feel losing their car would have a less negative impact on their lives than losing their phone or computer.

  

  

  

     

Due to the fact that almost half (45 percent) of Millennials admit that brands are a key part to their lives, recognized brand names are very important to this specific consumer when deciding to purchase something. They are a multi-device connected group and consequently research their brands thoroughly on multiple fronts before deciding to make a purchase. Their decision-making processes are influenced by some very sophisticated criteria coupled with social proof from the opinions of their peers online.

 

Goldman Sachs clearly explains what a Millennial consumer is and how this demographic can potentially change the economy, in a video published on YouTube in May of 2015: “Macroeconomic Insights—Millennials: Changing Consumer Behaviour.”

    

    

  

  

  

6 Key Brand Attributes Important to the Millennial Customer

 

1. High Quality Products and Services

The number one, most important characteristic that a Millennial looks for in a product is quality. If a product or service does not seem worth the time or the money to the Millennial, they’re unlikely to invest in it. This consumer will buy high quality premium brands but only once they’ve thoroughly validated its credentials.

 

 

2. The Power of Recommendation

Word-of-mouth is still one of the most powerful marketing tools on or offline. If a Millennial is happy with a product or service they’ve used, and the brand has consistently delivered a great customer experience, they’ll share this positively on a global scale. Fifty three percent interact with brands online they care about and tell others.

 

Conversely if a brand has let them down or failed to meet its brand promise they’ll also articulate their discontent verbosely. Thanks to social platforms, such as Twitter, Facebook and Instagram, Millennials are constantly sharing their latest purchase with hundreds, and sometimes thousands, of followers. This is especially the case if a Millennial owns something that is trending. These posts do not go to waste, either.

  

Dan Schawbel in his Forbes article states: “33 percent of millennials rely mostly on blogs before they make a purchase… [they] look to social media for an authentic look at what’s going on… especially content written by their peers whom they trust.”

 

 

3. Personalization, Partnerships and Co-Creators

Millennial consumers are vocal and speak their minds freely about products or services online. If brand owners monitor and track this online traffic it can provide them with invaluable insights and data enabling them to quickly address any issues and use the information garnered to inform new product development solutions specifically tailored to meet the needs of this very influential group.

 

Individuality matters to Millennials and they like to express themselves through personal style clothing. In fact 40% have gone beyond clothing to express their individuality with tattoos.

 

Brands offering customization and bespoke individualization are ahead of the game already. This will become an increasingly important trend for this audience, as evidenced by the success of Chipotle.

 

Millennials want to be treated like partners, not just purchasers, that’s why brands like Pinterest and Etsy have been so successful. 60% believe organizations should offer more ways for customers to share opinions and 40% want to co-create with brands. This provides brands, products of services, with incredible opportunities to engage this willing group and tap into them for their creativity.

 

  

4. Social Responsibility

Even with high quality products, great customer experience, good ratings and convenience, brands still need to offer more to their Millennial buyer. For this particular type of consumer, it is very important that they feel like they are making a difference and they will actively purchase brands which are seen to be ‘giving back to the community’ for the greater good in some way.

 

Six out of ten millennials feel personally responsible for making a difference, and because of this, an incredible 90 percent of these consumers actively purchase brands associated with a cause. More than half of the Millennial consumers will abandon a brand if they disagree with the company’s ethics.

 

By having the full-history of any brand available at their fingertips, Millennials collectively care about how even the smallest of their purchases can affect those across the globe. They are frustrated with statutory entities and Government and want to solve social problems through entrepreneurial solutions.

 

 

5. Life is an Adventure

Many Millennials feel that it is important to experience new things on a regular basis, as 70 percent want to travel to all seven continents, 75 percent enjoy food from cultures that are not their own and Millennials are two and a half times more likely to adapt to new technologies than older generations.

 

Often, this wanderlust spirit inspires Millennials to look for excitement in their everyday lives, which is why 60 percent of this generation considers themselves entrepreneurs and optimistic, creative thinkers.

 

This attitude is what pushes Millennials to have the desire to be not only a patron, but also a part of the brand that they are supporting. Affinity groups form within the Millennial culture, as it is a large, broad generation. Those with similar interests, tastes, achievements and circumstances often come together in order to work towards a common goal, which is what the Millennial consumer likes to see in their brand, as well.

 

 

6. Making an Important Statement

In this reenergized push for equality, inclusivity and diversity, Millennials appreciate a brand that is not afraid to make a statement against discrimination. Millennials will actively support brands that authentically make equality, inclusivity and diversity part of their brand culture.

 

This video, “Millennials On: What Cause Would You Dedicate Your Life To?” produced by 20 to 30 demonstrates the wide spectrum of causes that the millennial generation cares about, which coincides with social responsibility, sharing similar interests and making an important statement.

    

   

  

  

 

Brands Who Have Done It Right

 

There are many examples of brands, small and large, that have successfully made all these key Millennial attributes core to their brand culture. Starbucks is a great case in point. In this video, “Starbucks CEO Howard Schultz on Social Responsbility,” genConnect lets Schultz explain how Starbucks remains socially responsible through success.

   

   

  

   

Apple is brand that has earned the loyalty of their Millennial consumers not only for their great product quality but also for their support of (PRODUCT)RED, which supports the fight against AIDS, Tuberculosis and Malaria and their corporate sociality responsibility programmes relating to the environment, education, accessibility and inclusion and diversity.

 

Other large corporations famous for their corporate social responsibility and high quality products include: TOMS, Coca Cola and Ford, all of which we’ve mentioned in previous articles.

  

   

  

   

A brand does not need to be a global Goliath either to be an attractive and successful brand targeting Millennials. Take the Lokai brand, for example. They sell one bracelet that contains water from Mt. Everest and soil from the Dead Sea to represent the extreme highs and lows in life, to remind the wearer to live a balanced life.

 

Millennials love the brand story, sentiment and authenticity of the bracelet as evidenced by the almost one million followers it has on Instagram alone. The brand’s website also demonstrates its CSR credentials too in that they donate ten percent of net profits to their charity partners, thus encouraging Millennial consumers to purchase their brand on multiple levels.

  

  

 Lokai Bracelet

Image via www.mylokai.com

 

  

  

Millennials Advocate for Their Favourite Brands

 

When a Millennial consumer loves a brand, their loyalty is clearly evident. They are great brand champions actively engaged on their multiple social platforms.

  

If you get a Millennial customer onside, consistently meet and exceed their needs, deliver on your promise with a great brand experience they will become some of your best sales ambassadors.

 

A good example of this is when both the Sony PlayStation 4 and Microsoft’s Xbox One were released at the same time. Millennial consumers who are also “gamers” had already decided, long before the release of the consoles, which one they would be purchasing because they were loyal to either Sony or Microsoft’s brand.

   

Debates broke out across the internet over the PS4 versus the Xbox One because the consumers were so loyal to their respective brands. The day the consoles were released, each company sold an outstanding number of units, thus causing Millennial gamers to flood social media with photos and posts about their latest purchase, proud to be a part of a group of people with similar interests.

    

  

Brand Loyalty with Millennials

 

I think once you’ve reflected on some of these key brand attributes mentioned you’ll agree Millennial consumers have such a formidable, and largely growing buying power, that it’s critical to integrate all the elements mentioned, amongst others, if your brand wants to harness the dollars/euros/pounds of this lucrative audience. Take the time to really research and understand your Millennial customers both in terms of their needs, challenges, loves, hates and aspirations.

 

 

 

3 Actionable Tips for Your Millennial Brand Strategy

 

Consider using some of these tips to integrate into your Millennial brand strategy:

 

1. Develop really strong buyer personas for each of your different Millennial customer types and their relevant affinity groups. You need to know your audience intimately if you want to tailor your brand for success.The outputs from this work will then provide the much-needed direction for developing your brand profile, using a system like the Personality Profile Performer™. Collectively the outputs from both of these will then provide the direction for the development of your brand strategy, brand collateral design briefs, integrated marketing strategy and so forth.

  
2. Tailor regular communications with your Millennial customers using the platforms most preferred by them for your brand. For example they like regular email provided it includes really high quality, useful information, which is individualized to their specific needs. Remember even if they don’t immediately buy from you their opinion counts amongst their peers, family and friends.

 

3. Develop opportunities for collaborative input from your Millennial customers. They want to be involved and a brand strategy developed to include their co-creator spirit provides brands with incredible opportunities to develop unique solutions, be they products or services, which their audience really wants. You might never find out or come up with these NPD ideas unless you include their early input. Make sure you test your prototypes, product or service, with Millennials too.

   

You might also like:

  

• Rebranding Strategy: Why Your Rebrand Must Embrace Storytelling

 

• Millennial Branding: Creating Brands to Appeal to Teens and Young Adults   

 

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

 

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

 

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

 

• Creating New Brands: Top 10 Tips for Brand Success  

 

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

 

• Brand Naming: Top Ten Methods for Brand Name Creation   

 

• Brand Differentiation: 30 Ways to Differentiate Your Brand 

 

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

 

 

So what do you think?

  

• Does your brand personality and profile appeal to what is most important to the Millennial consumer?

  

• What aspects of your brand strategy can you improve on to attract more loyal Millennial customers?
   

• Having read these facts about Millennials, does your brand need a complete revitalization or rebranding strategy to ensure its long term success?

  

• Can you re-evaluate your brand using a brand audit and consider how best to contribute to the causes that are most important to the Millennial customers?

    

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