Brand Tag

branding_v_marketing

Branding vs. Marketing

Sometimes our clients ask us, “What is the difference between branding and marketing?” The question arises because most people and organizations use these terms interchangeably. Unlike Medicine, Law or Finance, practitioners in the field of brand and marketing don’t share a common professional language. When one doctor says a patient is suffering from nephritis, another doctor will understand that the patient has inflammation of the kidneys. When one lawyer says he has an affidavit, another lawyer will know he has a written statement made under oath.

Ask 20 marketers what branding is, and you may get 20 different answers. To some it may mean creating a logo, to others it may mean developing an advertising or public relations campaign, to others it may mean initiating social media conversations. Because the term “branding” is used to mean so many different things, it doesn’t have a specifically agreed upon meaning. For some clients, especially higher education, we sometimes have to avoid the word altogether, because it not only misunderstood, it is looked down upon as “beneath” academics.

We make a point of telling our clients at the outset of any assignment what we mean when we use particular words, so at least, they’ll know what we are talking about. We fully recognize that others may use these words differently. We use them in this way:

A Brand – is the promise you make to your audiences. Strong brands are valuable assets, because when the promise is fulfilled, it creates an emotional response. Strong brands can create a preference or command a premium and assure a future stream of revenue. The name and visual expression of that promise is called a brand identity, because it gives you a way to identify with the promise being made.

Branding – is about positioning the brand to fill a need, meet expectations, build trust and develop relationships. It’s about keeping your promise differentiated, relevant, compelling and true.

Brand Strategy – is about determining how many brands you need and can afford to support, what each brand should stand for, and what relationships should or should not exist between the brands and the parent organization.

Marketing – is about finding and growing a market for the brand that leads to profitable sales, or in the case of non-profits, that leads to appreciation and support among key audiences.

Marketing Strategy – is guided by business goals, and involves segmenting markets, selecting target audiences, determining pricing, packaging and distribution, integrating media, and executing creative campaigns.

Consider a stand out brand like Nike. The Nike brand promise is to bring inspiration and innovation to every athlete in the world. “If you have a body, you’re an athlete” says Nike. This brand promise demands a diverse, creative attitude-laden execution across the many customer touchpoints. That is branding. Nike’s innovative use of celebrity athletes and digital, social, mobile and retail channels to engage with existing and aspirational athletes, is marketing. Nike’s marketing strategy is highly influenced by the brand promise and expression – and the resulting ads, promotions, communications and offers feel like they could come from no other sports brand.

Bottom Line: We define branding as making, communicating and delivering a promise. Branding is a long-term commitment. We define marketing as finding and connecting with the audiences who will most benefit from that promise. By its nature, marketing tends to planned out with shorter term goals. Marketing strategies and campaigns will come and go, but brands should endure. While definitions of branding and marketing may differ, it is important that people use agreed upon definitions of terms, to ensure that you meet both short and long-term objectives for your business.

Ask Marshall About Branding for Your Business
0
0
How to Turn Your Employees Into Brand Advocates

How to Turn Your Employees Into Brand Advocates

Your employees are your biggest marketing opportunity. Why? Because if they are engaged with your brand, they can be your number one marketers and boosters of brand equity. How do you convert this potential business-changing force into brand advocates? Achieving employee brand engagement was our topic at the last Silicon Valley Brand Forum.

Empowering employees as brand advocates is critical to successful brand evolution. When you change or evolve your brand identity, your internal audience is just as important as your external audience. Ideally, your employees are the engine driving brand transformation. For that reason, we ask every client to engage their employees when changing their brand identity.

Engaging your employees

To be effective, brand identity work must inspire employees as an idea they can rally behind. Quantitative research can give you data, but qualitative research helps you hear and feel culture from the key voices and the personalities who make it real. You can’t just change your logo and tell employees, “All right, everyone, fall in line and be part of this.” Your brand essence starts within your company, and employee brand advocacy requires investment, cultivation and authenticity. It also must capture your employees’ spirit and passion. If your employees are engaged, you will have a firm foundation for moving forward with change.

Four factors for empowering employees as brand advocates

A new brand identity should be both aspirational and authentic to employees. It’s essential that employees:

  1. See themselves in the new positioning
  2. Believe in the vision and aspiration behind the new identity
  3. Understand that the new brand has meaning and value
  4. Feel recognized for their part in adding value to the brand

READ MORE

0
0

Brand Matters – The Power of Strategic Identity

The following content was presented at the AIRI 2017 Annual Meeting. Click here Marshall_AIRI_Presentation-2 to download a PDF of the slide presentation itself.

Brand has many definitions, and most of them line up within marketing and advertising.  In this presentation, I hope to shed some light on the power of strategic identity – being true and clear about who you are as an organization and why you matter. This should have influence over all an institute says and does, from who it hires, to how it fulfills its mission, and of course, how it engages, and inspires support from, its critical audiences.

Here’s one important reason brand matters to research institutes: The top ten federally funded institutes depend upon government funding for 71% of their budget on average. But our government appears to value research less and less.  In fact, according to AAAS, “The FY 2018 funding cycle has been rather mixed for Science and Technology on the whole, with many more agencies looking at reductions than increases.”

What this means is, a good portion of an institute’s budget is necessarily going to need to be replaced by other sources of funding.  Where is that going to come from?  Who is going to understand and value these institutes enough to participate in their future?  Why should they?

The challenge is even bigger than funding.  It is about awareness, relevance, and perceived value to multiple audiences, including new research talent, partners and collaborators, and the public who this research is intended to benefit. While in the past, your accomplishments may have spoken for themselves, now you’ve got to ensure that you are understood, appreciated and supported – in an environment that is more competitive than ever. You need to become a “preferred” place to invest in, to work for, and to rely upon for new knowledge.READ MORE

0
4

DACA is an Identity Issue.

DACA is as much an identity issue as it is an immigration one. The effects of decisions today may affect many people’s sense of who they are for much longer than its political news cycle.

We are faced with some 800,000 people who identify themselves as Americans – and why shouldn’t they?

  • Their parents are in America.
  • They grew up in America.
  • They were educated in America.
  • They work in America.
  • They pay taxes in America.
  • They serve in America’s armed forces.

America is the only home they have ever known. If they are returned to an unfamiliar country, they might not even speak the language.   

  • Will their identity no longer be American?
  • What will this do to America’s identity?
  • What will this do to America’s brand promise?

Britain recently went through an identity crisis with Brexit. The British brand cut off the European part of its identity. And the consequences for many Europeans and Brits alike has been a sense of broken promises. The DACA identity issue raises important questions about America’s identity and its own “brand” promise.

0
3

Collaboration Drives Breakthrough Brand Strategy

Brand breakthroughs, like all breakthroughs, require collaboration. In our work with leading researchers at Caltech, UC Berkeley, UC San Francisco and Rockefeller University, it is clear that examining today’s most important issues require not just brilliant people, but people who have the skills for working productively with others. The same collaboration principles hold true for breakthrough brand strategy in organizations. READ MORE

0
0
trump brand

Does Identity Trump Brand?

In reading “How Will Trump Rebuild His Brand? published through Knowledge @ Wharton, we need to think about Trump’s brand and his identity, and how both may affect his upcoming presidency.

It can be confusing when the word brand is used to mean so many different things. Brands convey a promise that people come to rely on. The Trump brand promises ornate, luxurious, exclusive products or experiences at a premium price. It attracts prosperous clientele that are drawn to these qualities and who can afford these experiences. It is an appropriate brand for up-scale products and properties, because it is very well known, and it can command a premium price. Hence the brand has value to properties not even owned by Trump, and for which some product and property owners have been willing to pay a royalty.

Identity is different from Brand. Identity is about the reality of a person or company – who he, she or it really is – where brands are externally driven to appeal to others, identity is inner-driven. Identity flows from the reality of who the person or organization is – their innate driving force. Identity is bigger than brand. The identity of a corporation, organization, individual, or even a presidency may develop several “brands” aimed at different audiences. It can be especially powerful if all the brands stem from or reinforce the identity. The identity of Proctor & Gamble is characterized by a singular drive to provide quality household products that improve people’s lives. This is their driving force, but P&G has many brands (Crest, Tide, Pampers, Gillette, etc.), all shaped to appeal to different external audiences, yet all reinforcing P&G’s identity.

Donald Trump’s identity is more multi-faceted than his luxury brand. Trump’s identity should not be confused with his luxury brand. If Donald Trump’s drive for power is sincerely about populism, uniting the country and creating prosperity for all, and if he delivers on these goals, President Trump will be recognized and appreciated for not just luxury goods and properties. To accomplish his objectives, he may need to create a healthcare brand, a tax reform brand, a foreign trade  brand, and other “brands” shaped to appeal to different audiences. And these brands should all reinforce and deliver on his drive to “Make America Great Again.” If they don’t of course, all of these brands will lose credibility along with the presidential identity.

In conclusion, it is not only possible, but necessary, that a president serve many different audiences, and good branding can help, but the Trump luxury brand alone is not enough. What matters most is Trump’s Identity, who he really is, what he truly cares about and what he aspires to accomplish.

0
4
wells fargo

What happens to a brand when a CEO leaves?

The answer is, it depends. On the:

  • Stature of the CEO in the business community
  • Perceived influence of the CEO on the company – good or bad
  • Swiftness with which a respected replacement takes charge

The recent resignation of Wells Fargo CEO John Stumpf could mean one of two things for the Wells Fargo brand:

  • The company is in trouble and his resignation is symbolic of a bigger problem
  • His resignation signals Wells Fargo’s commitment to fixing what is wrong, and is therefore good news

To employees, investors and customers alike, a CEO’s resignation might result in the loss of some trust in the company, the loss of some competencies and valuable connections the CEO acquired while in office, the loss of some institutional memory, and a potentially demoralizing impact on the organization.

However, these consequences may be overridden by showing that the organization has strong principles, that it holds its executives responsible for their actions, and that it is taking steps to prevent similar problems. The departing executive takes the perceived problems of the organization with him, while the new executive starts with a provisional slate.

When our client Boeing had to let its CEO go in 2003, the action created an opportunity for Boeing to reframe its story and deliver a bigger, more positive vision for the company. By drawing attention to a broader promise and a renewed commitment, the loss of a CEO catalyzed the brand’s ascendancy.

In other cases, the CEO embodies the company brand, and his/her departure signals a major change in the brand’s promise. Virgin America is a shining example of this – while Richard Branson was not allowed to be CEO of the U.S. based airline, he was every bit the personality of that brand. The sale of the company to Alaska Airlines, and Branson’s subsequent departure from the scene, has investors and customers very worried about the future of their beloved airline. Virgin America has done its best to reassure customers through communications and consistency of experience that their brand promise is here to stay. Like Wells Fargo, time will tell if they can fulfill that promise.

Our advice to Wells Fargo in this time of transition is to commit to a new story, invest in making a renewed, valuable promise to your customers and deliver on that promise in actions, not just campaigns. Seize the opportunity to make the brand stronger, rather than just hoping this loss of confidence will be forgotten with time.

0
6
It Never Pays to be a Copycat

It Never Pays to be a Copycat.

A recent WSJ Article trumpeted “Copycats Rule the Skies.” It was about how the three largest U.S. airlines have all become so much alike.

Why are the Delta, American and United brands so much alike? Patrick Moynihan, the former Harvard professor and U.S. Senator had a theory called, “The Iron Law of Emulation.” His theory held that nations that competed against each other became more and more like each other. This certainly seems to be the case with our airlines, hotels, banks, etc.

Moynihan pointed out how the U.S. and Russia once emulated each other: We got the bomb, they got the bomb; we got intercontinental missiles, they got intercontinental missiles; we got nuclear submarines, they got nuclear subs, and on and on.

During my 20 years at Landor, we designed the brand and identity strategies for dozens of leading airlines. Our purpose, always, was to differentiate each airline in a way that was relevant, true and compelling. To create a preference or command a premium, we built on each airline’s unique brand characteristics which were often its national characteristics: British Air was about their understated global competence. Singapore Air was about the pride that Singaporeans take in providing personal service. Alitalia was about Italian style. Hawaiian Air was about sunshine, flowers and relaxation. These identity strategies influenced all the decisions each airline made. Whom to hire, how to train, what kind of fleet to operate, and what passenger offerings and style of operations would reinforce their particular identity.READ MORE

0
9

Great Branding Starts with a Promise

Recently in Fast Company Design, I read an article that claims “great branding is invisible,” and goes on to make the point that the little details, like the satisfying thunk of a closing BMW door, or the stitching in a Gucci purse, create and reinforce our relationships with great brands.

The article also makes the point that a catchy tagline or attention-getting logo is relatively unimportant in establishing that brand relationship in the first place.

I agree with these observations, but there’s something missing. Thoughtful details – the “invisibles” that create great brand experiences – are only meaningful if they come from a unique and meaningful central promise. What do you aim to provide that nobody else can? Why does it matter? If you don’t have an answer to these core questions, all those details have no center of gravity. They become tactics that can be easily copied and commoditized.

READ MORE

0
0

4 Questions to Ask When Developing a Brand Architecture Strategy

4 Questions to Ask About Your Brand Architecture as Your Organization GrowsLet’s imagine you are Facebook. When you first started, you had a clear idea. You created messaging, a user experience and an identity platform to guide it as it grew. You made the hard decisions to whittle your brand’s message down into one clear, coherent thought.

But now, you’re acquiring additional brands at a very high cost, adding complexity to your brand. Now you’ve got Instagram and WhatsApp. You say you are committed to preserving their independence. We say it’s time to revisit those hard decisions, to keep your brand architecture intact and your brand strong.

We see organizations—especially those in the technology and digital fields—take a “ready, fire, aim” approach to acquiring brands and working them into their brand architecture. As a result, any of the following situations may occur, creating a complex and unwieldy environment:

  1. You’ve brought in a little monster that’s unlike the rest of the monsters in your zoo, but you love it anyway.
  2. You decided to preserve the equity of an acquired brand because you don’t want to “mess it up.”
  3. You are developing a new brand in response to a short-term market need or competitive threat.

So how does a growing company develop a brand architecture strategy?

Developing a Brand Architecture

There are four questions you can ask of your company that will guide your brand alignment through this transition:

  1. “How many promises do we want to make to our audiences?”
  2. “How elastic is our current brand in making these promises to these audiences?”
  3. “How many brands do we eventually want to have, and need to support?”
  4. “How does the introduction, or cancellation of a brand, affect the rest of our portfolio?”

These questions must not be thought of in a vacuum; rather, they should be thought of as a connected part of the organization. While some organizations are disciplined about this, others could stand to use some help. Even the most disciplined companies have to revisit this over time.

IBM, for example, is a technology giant and appears to be a master-branded company, but if you look at IBM over time, they have struggled with supporting the master brand in exchange for some autonomy at the sub-brand level. IBM acquired a number of sub-brands over time, such as Lotus, Rational Software and Tivoli. Progressively each company began using more and more of IBM’s resources until the organization made a decision to rein these brands in. Lesson learned: when they acquired PwC Consulting, it rather quickly became IBM Global Business Services.

On the other hand, GE has done a remarkable job of maintaining the GE brand. It’s very simple; it covers everything from light bulbs and toasters to aircraft engines and nuclear reactor services. How did they manage that? GE focused its brand promise on excellent management and ceaseless innovation. Anytime you see that GE brand, that’s what it means. That’s a pretty powerful model. If I were Facebook, I would take note.

Learn more about our brand architecture services.

0
2