Tag Archives: Passion

Brand Strategy for Entrepreneurs

Smart entrepreneurs know that a good brand will help build their organization. They recognize the value that a strong brand strategy adds, and they make the effort to do the right things right.

I’ve met countless entrepreneurs with big plans. I’ve had the privilege of working with some great people, and seen a number of projects go from scribbles on a napkin to thriving reality. These projects are exciting and challenging, and it’s a thrill to be involved.

I’ve also seen plenty of dreamers—people with more passion than plans. It’s disheartening. These projects are challenging, too, but not because the work is hard. Instead, it’s just that the gap between capacity, reality and need is just too great for anything I contribute to be effective. It’s not that the idea is bad or the person is incapable. It’s just that they aren’t ready for the reality of being a successful organization, let alone a thriving brand.

As a consultant, I want you to succeed. It’s not only good for your business and our future relationship; it’s more satisfying work. There are a few things that I look for that gives me the confidence we are set-up for success:

I get excited when you have more knowledge about your business operations than I do. You bring more than an idea to the relationship. You understand the basic model behind your success, and you are focused. I bring brand knowledge and strategic objectivity—and often a fresh way of looking at things—for how you tell your story. But you have the passion and the expertise that will grow the business behind the brand.

I get excited when you know your budget. Talk of money doesn’t scare you, and you understand what cash flow can and can’t do for your vision. You know how much money you plan to earn; you know your fixed expenses and costs of your product; you know how much a typical business like yours makes and you’re prepared to invest in your success.

I get excited when you are well aware of your competition. Not just who they are, but why their customers love them. You’re competitive, not arrogant. You have a respect for the market that exists and you understand how your offer makes it better and different, or at least you’re ready to explore opportunities.

I get excited when you are more passionate about your vision than I am. Perhaps you can’t articulate it clearly—that is why you called me, after all—but you have a purpose that drives you. I get excited when I am the one bringing you back to reality rather than trying to bump you out into the stratosphere.

Most importantly, I get excited when it’s clear you want to work hard to create an experience that will captivate your audience. You reject the notion that you could compromise your values and cut corners on your brand execution since “its just the creative stuff, anyway.” You’re well past the idea that your brand is a defined by a slick logo or a catchy advertising. You know that your brand is at the foundation of your culture, your value proposition, and the experience you promise everyone—your brand captures everything that you want people believe about your organization—and it’s important enough to get your focused attention.

This is how I know you’re ready to do what it takes—not just what is fun and easy—to build a brand that will thrive. You’re smart; you’re committed; you’re realistic; you’re passionate; you’re a leader. This is how I know that you’re set up for brand success.

The Rules of Brand Strategy, Part Five

Being “The Best Kept Secret” is not a strategy. Unless being a secret is your strategy.

There is something humble and charming about cause-driven and underdog brands. In the drive to be distinct from the dreaded “corporate brand”, they consciously avoid of the trappings of commercial success—bold, consistent identities; clear, consistent messaging; confident, consistent experiences. Or worse, these organizations disrupt and prevent anything that resembles a brand plan so that they (and their peers) won’t feel like they “sold out”.

Yet these hardworking people—more passionately committed to their business and cause than most commercial enterprises—still feel entitled to the same attention and success of their profit driven peers.

Awareness isn’t relative to the passion and purpose of your organization. Awareness is driven by proud, focused communication.

The only way an experience is of any brand value is if I know it’s an experience with you. There are numerous opportunities for touch points, and all the different senses come into play, but if I don’t know which brand is responsible for the experience, an opportunity is lost. If you purposefully avoid identifying the experience, your investment is wasted. And it’s terribly unfortunate if I believe your positive experience is actually connected to a different brand.

In a misguided belief that corporations are evil merely because they strive for profit, investing in the best practices and identity standards that are simply par for the course in corporate world are often shunned. The “best kept secret” might be a cool theory, but it’s a lousy brand strategy.

A great brand strategy thrives on awareness, driven by distinct, compelling, and clear communication. Consistency matters; time matters; frequency & repetition matters; being engaging matters; being bold matters.

A vivid identity matters.

The Rules of Brand Strategy, Part Three

The Rule of the Fluid Formula.  

I am a firm believer in the concept that ‘Everything Matters’. Every single touch point factors into the brand experience equation. How much each elements factors in is a matter of debate and strategic preference, but make no mistake about it—everything matters.

If you’re looking for a proven formula, though, you’re out of luck. Great brands embrace the fluid nature of the experience. Here’s an example:

As I walk into a local cafe, music plays in the background. The coffee is good and the seat is comfortable, so I sit down to work. The soundtrack is a cool retro 70s funk—loud enough to recognize the song, but not so loud that I can’t think. If the total brand experience is equal to 100, the music is probably a 5. Maybe less.

So, the music in the cafe is equal to 5% of the total brand experience score. Not really significant. I’ll be back, but not for the music.

As I walk into the same cafe the next day, there is no music playing. The coffee is still good and the chairs are still comfortable, so I sit down to work. There’s a weird silence. Lulled by the sound of refrigerators humming, the soundtrack is punctuated by sounds of coffee machines buzzing, mugs hitting tables, and chairs sliding across the floors. I can even hear the person three tables away tapping on their keyboard. The lack of music is distracting. If the total brand experience is equal to 100, the lack of music probably distracts 50 or more points away.

Now, the music in the cafe is equal to 50% of the total experience. Pretty significant. I won’t be back, simply because the music was a mistake.

Is the music worth 5% or 50% of the total brand experience? Actually. It’s both.

Often, it’s impossible to define what makes a great experience great; it’s the collection of every little detail working together in a constant, fluid experience. However, when one detail fails—one detail that contradicts the expectation—it becomes pretty clear why the experience is negative.

There is no strategic formula that defines how much each touch point is worth to the brand. The key is complete understanding of the experience you are promising, being aware of every possible detail, and giving your team the necessary tools, training and permissions to act. You have no idea which detail will have an impact.

Poor brand strategy relies on a few key touch points to wow their stakeholders—assigning fixed values to an arbitrary formula—while believing the failure of less important touch points doesn’t damage the brand. Poor brands ignore the details. Great brands know that everything matters, and leave nothing to chance.

Great brands embrace the Fluid Formula.