One of my brand strategy clients, The Berkeley, won The Cateys this month - what they call "The Hotel Oscars".  Â
The Berkeley hotel stands out in the crowded field of luxury hotels in London because they really know what they stand for. Part of the work we did together was to codify WHO they are and HOW they do things - what many companies call values, but they call 'The Berkeley Spirit'.Â
When we wrote the words under The Berkeley Spirit, one of the phrases we used, that we debated for a while, is the idea of having the âfreedom to break the rulesâ.Â
Now, in luxury hoteliery they get measured. A lot. By many outside organisations trying to rank them on things like, 'Did they answer the phone in 3 rings?'.  'Is the knife half an inch from the side of the plate?'  On the details that constitute excellence - or so these companies say.  Â
So telling their staff that they have the freedom to break the rules was a courageous move. Â But a winning one. Â It allows their staff to think ab...
"We want our brand to be like Warby Parker!"
Heard this one recently???
It used to be, âWe want our brand to be like Apple!â (then Patagonia, Tesla and TomsâŚ), now Warby Parker are in the mix.Â
It's easy to scoff at this - particularly if you're working with a long standing, firmly for-profit business with no social mission baked into their business model. But here's a thought. Â Every brand CAN be like Warby Parker.
Instead of dismissing comments like these, we should be helping clients understand how.
Before you start to tell me that this is the worst advice - that brands that try to create some sort of brand purpose that is inauthentic with their business practices are brands of the very WORST kindâŚ
I get it.
I agree!
But thereâs a different way to look at this.Â
If we strip out all the terminology around brand purpose and social mission and we just look at what Warby Parker say about their brand, then we have a model that ANY brand can follow.
After 20 years working as a brand strategist, Iâve seen and heard a lot of confusion about brand strategy. Â
While itâs the most desired skill CMOs are looking for this year, not many people are offering it, because it appears to be so complicated.Â
But brand strategy is a really powerful business tool when understood properly. Â
So hereâs the four biggest myths about brand strategy that add to all this confusion, and what you really need to know instead, to help you understand how it can elevate your business.
This view is what prevents solid businesses from building great brands.
Letâs start by being clear on what each of these things are.
Brand strategy is your decision on what you want to stand for: the associations you want to build about your brand in peopleâs minds.Â
âBrandingâ is the process of creating distinctive signals that help to reinforce the associations you want to build, and help your ...
Brand strategy has been of great value to me â itâs been a lucrative career path for 20 years.  But - full disclosure - I suffered from 'Brand Strategy Imposter Syndrome' for a number of years.  Even when I was a senior brand strategist at one of the world's most famous branding agencies, I was always nervous I'd be 'called out' somehow.  And partly that was because I had no back-up. Great designs and logos? My agency had these in spades.  Data, facts and research on why brand strategy was necessary for a business and how it impacted their bottom line? Tumbleweed...
So when I set up on my own I made sure I developed this back-up. Because many times on my 20 year journey Iâve had to explain why brand strategy is valuable for my clients. Typically not to CMOs â they get how itâs critical for all branding and marketing activities (but often donât focus on its impact beyond this).Â
The challenge is usually convincing other members of the C-suite: the CEO, COO, CFO, CIO, CHRO⌠that bran...
Jargon and definitions can make marketing and branding feel impossible to learn. Â I'm on a mission to make things clearer! Â In this blog I clear up:
What is a marketing strategy?
Whatâs the difference between marketing strategy and brand strategy?
Whatâs the difference between brand strategy and business strategy?
And whatâs the answer to the ultimate question of life, the universe, and everything???  (Well, we know thatâs 42. Read on for the rest).
Business strategy identifies where an organisation wants to go.
It usually includes a hard metric vision or goal like, 'to be a $10 billion business by 2025', or 'to grow by 35% in the next 5 years'. It also includes the operational changes required to help to get there.Â
Brand strategy is really about why people should care. Because the only way an organisation can achieve their business strategy is through people â more people buying their product or service, a...
I was recently on a post where we all gave our recommendations on the best branding books to read. One book popped up a lot: 'Building A Story Brand', by Donald Miller.
It promises to help you âclarify your message so customers will listen.â
Since bringing clarity to brand strategy is a personal mission of mine, I gave it a read and found it really useful. Â
Read on for the three big takeouts that can help you improve your brand strategy work.
Overall, the book is a great reminder to brand strategists and marketers of the core things that can make or break strategy and messaging. Â
Millerâs point of view is that having a strategy, and then communicating this clearly, isnât the cherry on the cake. Itâs just as important as having a great product or service in the first place.
âThe reality is we arenât just in a race to get our products to market; weâre also in a race to communicate why our customers need those products in their lives. Even if w...
Type âBrand Archetypesâ into Google and youâll find countless articles and explanations of the usefulness of these 12 categories in defining your âbrand personalityâ.Â
If youâve never seen this tool â it originated with Carl Jungâs four main human archetypes, which marketers expanded into 12, as this graphic from Iconic Fox shows.
But donât get too excited.
It doesnât work.
Where it all falls down is when you try and put it into practice.  What actually happens when you try and use it with a client is a conversation along the lines of, âWell, weâre partly a Sage, but we really offer freedom so I guess that means weâre an Explorer? But weâve always been known for our humour â so then weâre a Jester tooâŚ???â
It forces you into a one-dimensional place, and thatâs not a marker of a strong brand. Â
Letâs look at some of the examples espoused to prove that this works.Â
People will point you to memorable characters in films, and claim they are loved ...
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I LOVE a new branding or business book.
(I warned you before â I truly am a Brand Strategy Geek).
If youâre the same, find my top 3 recommendations below.Â
1. GROW: How Ideals Power Growth and Profit At The Worldâs 50 Greatest Companies â Jim Stengel.
Puts stats behind the importance of brand strategy, includes big brand case studies (think Pampers, Discovery, Method) and tells you what it takes to implement a brand strategy successfully.
Hereâs a few gems from this one:
âMaximum growth and high ideals are not incompatible. Theyâre inseparable.â
âThe most powerful and profitable tools in business are ideals â ideas for improving peopleâs lives that speak directly to their instincts, emotions, hopes, dreams and values.âÂ
âThe one sure mistake you can make is failing to aim high. If you are not ambitious enough to want to make a positive difference in peopleâs lives, you wonât make a big positive difference in your businessâs bottom line either.â...
"I'm not sure I'm smart enough to do brand strategy."
Do you know how often I hear that?
TOO OFTEN.
But whatâs really behind this?
Firstly - the jargon and unnecessary complexity that can make the whole area feel inaccessible.
Secondly - a case of brand strategy imposter syndrome that occurs, even among strategists with YEARS of experience, because they feel they don't really know what to do or exactly how to do it. Â
Hereâs two things to solve this:
Let's start with the skills, since if these don't feel like you - or don't feel like things you want to be good at - you won't want to go any further.
From my 20+ years experience, and a ton of interviews with other brand strategists, there are 5 of them you need to have:
In my Brand Strategy Academy course this week, weâve been talking about how to do competitor research, in order to ensure that your brand strategy is sufficiently differentiated.
I choose these words carefully, because despite the old adage of, âDIFFERENTIATE OR DIE!â, the reality is that itâs just not realistic to write a brand strategy where every single idea in it is different from your major competitorsâ.  This is particularly true when you get to writing WHO you are and HOW you do things â what companies often call their values, beliefs or behaviours.Â
Take Visa, Mastercard and American Express â 3 of the 35 most valuable brands in the world.
If you look at WHO they are and HOW they say they do things, all three talk about integrity:
And they all include the idea of succeeding through collaboration: