Brand Strategy

    Thoughts on a Brand Refresh.

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    tgi fridays

    TGI Fridays is doing a big brand refresh in the hopes of slowing its revenue downturn. Recently sold to a new investment group, TGI Fridays launched as a single restaurant on the upper east side of Manhattan decades ago by Ben Benson and Alan Stillman. Some credit these two gents with inventing the “single’s bar.”

    As part of the brand refresh there is lots of talk about talking tchotchkes off the walls, replacing frozen with fresh ingredients, updating the menu and removing potato skins from consumer muscle memory. All of which are good ideas, especially the food upgrade. But there is something about the original concept that might endure if the brand planners dig deeply enough. Places where the vibe is conducive to meeting people is not a bad business model. Look at online dating services. Look at the Axe strategy. Read a Millennials magazine.

    Were I the planner on the business I’d try to understand what made the original Friday’s Fridays. What made it different from Tuesdays, Wednesdays and Thursday (other Stillman and Benson brands). Only Friday’s made it.

    Readers know I’m not big on rearview mirror planning. But I am about providing consumers with experiences that meet needs and desires. So a little look back might help with Fridays look forward. Peace.

     

    Together We Well.

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    Together We Well is the new tagline for Northwell Health. I get where they’re going but must admit to being underwhelmed. That said, it is way better than the previous ad campaign-derived line “Look North.” Which effectively said “use us.”

    There are two kinds of healthcare: preventative and curative. Hospital systems make their money on the latter. After someone gets sick they are treated. If people stay healthy, they needn’t be treated. Prevention is good for society but not always for the bottom line. That said, Northwell is on board with prevention.

    Giving patients a role in prevention is good – the “together” part. Everyone should be contributing to better health. Practitioners and consumers. And that is what the Affordable Care Act is all about. Under the ACA, doctors are compensated based on the degree to which they keep their patient population healthy. So we are moving in the right direction.

    But population health is a societal issue. It goes beyond Northwell. Don’t get me wrong it is imperative America gets better coverage at better prices. But it’s not a brand position. Strawberry Frog, Northwell’s agency, gets this — and they likes to create movements. Sometimes it works. My bet is not this time.

    I would make the “together we well” idea a brand plank — supporting the claim – not the claim itself.

    Brand claims should add value straight to the bank. In the case of Northwell they need to convince patients the system is better than other systems. When I worked on the Northwell brand (it was called North Shore-LIJ at the time) the tagline was “Setting New Standards in Healthcare,” a line created by Della Femina. It was provable, albeit not easily.  

    “Together We Well” is contemporary. Maybe hip. A big aspiration. And even provable. But what it is not is money in the Northwell brand bank. Not a direct deposit anyway.

    Peace.

     

    Business Strategy Vs. Brand Strategy.

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    On prompt, many company executive will tell you their business strategy is “Make more money.”  Some invest to make more money others reduce the cost of goods. There are many ways to invest or cost-cut: alter the product, play with pricing, change distribution, promote in a new way.  All are business decisions. 

    Ask that same company executive what their brand strategy is, though, and you may get a quizzical look. Or the quick parry “To provide customers with the best product, at the best price, with uncompromising service.” But that’s not a brand strategy, that’s the brand marketing equivalent of pasteurized cheese.

    A brand strategy is created at a product’s molecular level.  It is inherently product-based.  A brand strategy grows from the product then gives back over time. And I’m not just talking “deposits in the brand bank,” I’m talking about informing product innovation, brand extension, expansion, even M&A activity.

    A brand strategy is deeply rooted in the consumer — the consumer’s environment (physical and emotional) and needs (known and subconscious). Brand strategy is about growth and growth doesn’t happen without nourishment, environment and caring.

    A brand strategy is a living thing. Not a business thing.  

    Business strategies are logical. They are easy to articulate.  Brand strategies are psychophysiological.  They are harder to articulate but have a pulse.  And when right — they quicken the pulse.  Peace!

    Selling a Brand Plan…Lessons from Christie’s.

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    So I’m reading this NY Times Sunday Magazine interview of Christie’s auctioneer Jussi Pylkkanen and the question is posed “From the outset, how do you identify the right bidders in the room?” Says Jussi “It’s the glint in their eye, and intuition. It’s about the posture of the client, how they sit forward on the chair, how they make eye contact with you. As I look up, I know the four or five people that are definitely going to bid.”

    Cool skill? Yah huh!

    If I apply this level of observation to my business, will it tell me who in the room is going to buy brand strategy? Moreover, will it tell me who in the room will actually implement it — an equally important question.  When you think about it, someone willing to pay hundreds of thousands, even millions, for a painting has to be on the edge of their chair. As does someone buying into a brand strategy.  When I look into the eyes of C-level executives while presenting and see the fire, see the wheels turning, I know I have them. It’s the kind of engagement Jussi sees. When I see that glint, I know who the buyer is. Don’t underestimate playing to the buyer. The outliers in the room will see it and catch on.  

    If there is no response, no emotion, no visible cognition, it’s time to cue the orchestra. Peace.

    The problem with marketing videos.

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    It used to be that a brand planner or strategist could easily sway corporate officers as to the need for a brand plan – or at least a campaign idea – by taking all company ads and pinning them to the wall.  For good measure one could display brochures, direct mail and other printed pieces. 

    Today, the biggest culprit in creating brand disharmony, especially true at small and midsize companies, is the video.  In this social media age, most agree – and you heard the drum beat at Advertising Week in NY the last 4 days – visual selling through video is more engaging and powerful. 

    The problem stems not so much from the quality of the videos, e.g., editing, audio, effects, it’s the content.  It meanders. It is not blocked out in serial, logical chunks.  With ads, if you didn’t have a tight strategy you called Ernie the montage artist. With a loose video, you just rely on fast cuts and louder music.

    So who is making these videos?  Mostly, it’s inexpensive freelance, 20 something, fresh-out-of college kids with iMacs.  One such young man, who is more than capable, said he’d been to many meetings with large agencies like Ogilvy, where he was instructed to “just do something that gets noticed, that goes viral.”  No direction, no brief.  This is not how big agencies normally operates, but at those agencies on the digital creative side, it happens more than you might think.  As for smaller shops, or in-house marketing departments it’s even worse.

    Marketing videos need to do a job but they also much convey a positive, organized brand imprint. With half of marketing videos either case studies or tutorials, brand strategy has a way of slipping away. Branding is always on. Approving videos without a brand planning oversight — and it happens thousands of times a day — is like writing bad checks.  So executive, turn down the lights in your conference room, fire up the interactive projector and start watching all your vids. Then ask yourself what are they trying to say about the company?  Peace.

     

     

    Whither go the brand strategist?

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    There are a number of brand strategy consultants out there I hold in high regard. They totally get insights and market conditions, are quick studies in business categories, have keen understanding of meaningful metrics, and possess indefatigable bullshit barometers. Sadly, I’m seeing a trend among this crew where they are reinventing and repositioning themselves away from pure brand work into other aligned areas. Customer experience. Team optimization. Digital transformation. Culture plotting.

    Why is this?

    Well, that’s what the market sparks to. Most marketers and business owners don’t think they need a brand strategy. They want measurable results on sales. Higher top line and lower bottom lines.  What they don’t understand is that those things are directly tied – or can be tied – to a smart brand strategy. When you define brand strategy as “an organizing principle for product, experience and messaging” you begin to understand how brand strategy can impact bottom lines. And top lines.

    Tomorrow I’ll share some business metrics side-by-side with brand metrics. I encourage you to tell me which are more actionable.

    Peace.

     

    Insights are Money.

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    curt cobain

    I’ve been watching a number of the Google Hangouts sponsored by the Planning Salon (my peeps) and find them all quite interesting. There seems to be a lot of career churn in brand planning as evidenced by the fact that a number of the planners interviewed now have new jobs. Another trend is that smart planners tend to be moving client-side.

    Why is that you say? “An insight is worth a thousand ads.” 

    Campaigns come and go…a powerful brand strategy is indelible is my business mantra. And I love campaigns. But the fact is, campaigns are often creative envelopes for strategy — and can become more important than the strategy. (At least to agencies.) And where do brand strategies comes from? Insights.

    I think it’s a little ironic that in my brand planning battery of questions for senior executives the word “insight” does not appear once.  I’ma (sic) have to change that.

    If money is the root of all evil, the proper mining and use of insights is the nirvana of marketing. (Where were you when Kurt died? I was a Midas Muffler.)  Insights are da monies.

    Peace in the Ukraine.                                     

     

    How To Get To Whoa.

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    I’ve always loved working in categories that blow up the status quo. Let’s call them emerging categories for lack of a better term. Over the last 30 years, emerging has been tech. Prior to tech, it was chemicals. Next I’m hopeful the emerging category will be renewable energy and global climate.

    Being a brand planner and creator of marketing strategies is fun when you are not re-cutting the pie over and over again. Bake new pie is what emerging category development is all about. That’s breakthrough shit.

    I have a client in an emerging area within tech and when they meet others in the business and share where they work the response is always “Whoa.” When other makers and buyers say whoa about your company you know you are doing something right. So how do you get to whoa?

    The cognoscenti might say, build a better mousetrap quietly and launch it with a splash. Secret your R&D, protect your IP, patent your jam. That’s not how it works today. Whoa comes from creating a company culture more open and democratic. One in which the best ideas are shared and communal learning happens. The best minds coming out of school wanting to learn. They paid hundreds of thousands to learn. And now, in real life when they can learn from a smart cohort for free?? Or be inspired by a cohort for free?? Whoa.

    Education and sharing are how you create the whoa factor. Drop knowledge for free. It lifts all boats. And when you do it in an emerging category, ala, plant-based meats, or contra virus meds, you are doing the right thing. It’s a fastest way to Whoa.

    Peace.

     

     

    Advocacy in Brand Strategy.

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    One of the least understood parts of branding is advocacy. When discussed in marketing circles, more often than not, it’s referred to as loyalty. But loyalty really just means repeat customers. Advocacy offers a multiplier effect. Advocates refers other customers to the brand.

    In social media circles advocates are called influencers; people with social media followings who often shill for products. They are Posters (not Pasters) who others look to for advice about hallowed brands. Social media has taken advocacy and renamed it and tarnished it, in my opinion. They have overly commecialized it.

    A personal friend or acquaintance, with a Jones for a restaurant or brand of hiking shoes, is way more believable as an advocate than is a social media promoter.

    Advocacy accounts for a shit-ton of sales. Word of Mouth. Peer to peer. Personal recommendations. Whatever you call it, advocacy does a lot of heavy lifting in the sale process. When you look at Steps-To-A-Sale models, the most famous of which is probably AIDA (Awareness, Interest, Desire and Action), you can see how a face-to-face advocate can collapse those steps in a matter of minutes.

    It’s important to develop your brand strategy claim and proof array that works for advocates. One that constantly gives them new fuel to help in their work. Advocates for your brand that sound like broken records burn out.

    Peace.

     

     

    Brand Strategy and the Question.

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    Fred Wilson is a blogger (www.avc.com) and businessman I admire greatly. He blogs daily and share his knowledge without second thought.  He’s probably the most prominent VC on the east coast if not the county.  In a recent speech given at MIT, he mentioned that on his first ever test there he had gotten a zero.  About MIT he said, and I paraphrase, “When you go to MIT to go from being the smartest kid at your school to being the dumbest.” Anyway when asked about his nil test score his professor the response was “You didn’t understand the question.”

    Here’s the thing about brand planning. The ones who get it right aren’t the ones with the best methodology or framework. They are the ones who understand the question. The problem is that question always changes. Yesterday I posted brand strategy is not Chaos Theory.  But if the question changes for every brand strategy, isn’t that a bit chaotic?

    A generic question for all brands might be “What value or behavior does the brand provide that best meets the needs of the customer?”  Doesn’t seem like a bad question. But, per Fred Wilson’s professor, it’s the wrong one. Only when you are waist deep in a brand, customer care-abouts and brand good-ats can one ask the real question. It will be a business question, tempered by consumer insight, and help you pass that first and last test.

    Happy hunting!

    Peace.