Why is brand strategy important?

Brand strategy has been of great value to me – it’s 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 I’ve had to explain why brand strategy is valuable for my clients.  Typically not to CMOs – they get how it’s critical for all branding and marketing activities (but often don’t focus on its impact beyond this). 

The challenge is...

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Business strategy, brand strategy and marketing strategy - what's the difference?

Jargon and definitions can make marketing and branding feel impossible to learn.  I'm on a mission to make things clearer!  In this blog I clear up:

What is a marketing strategy?

What’s the difference between marketing strategy and brand strategy?

What’s the difference between brand strategy and business strategy?

And what’s the answer to the ultimate question of life, the universe, and everything???  (Well, we know that’s 42.  Read on for the rest).

What is business strategy vs. brand strategy vs. marketing strategy?

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. 

Brand strategy is really about why people should care.  Because the only way an organisation can achieve their business...

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Storytelling For Brand Strategy: A Framework From Donald Miller’s, 'Building A Story Brand'

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 ‘clarify your message so customers will listen.

Since bringing clarity to brand strategy is a personal mission of mine, I gave it a read and found it really useful.  

Read on for the three big takeouts that can help you improve your brand strategy work.

How stories help brand strategy

Overall, the book is a great reminder to brand strategists and marketers of the core things that can make or break strategy and messaging.  

Miller’s point of view is that having a strategy, and then communicating this clearly, isn’t the cherry on the cake.  It’s just as important as having a great product or service in the first place.

“The reality is we aren’t just in a race to get our products to market; we’re also in a race to...

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Why Brand Archetypes Don’t Work

Type ‘Brand Archetypes’ into Google and you’ll find countless articles and explanations of the usefulness of these 12 categories in defining your ‘brand personality’. 

If you’ve never seen this tool – it originated with Carl Jung’s four main human archetypes, which marketers expanded into 12, as this graphic from Iconic Fox shows.

But don’t get too excited.

It doesn’t work.

Why Brand Archetypes Don’t 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, “Well, we’re partly a Sage, but we really offer freedom so I guess that means we’re an Explorer? But we’ve always been known for our humour – so then we’re a Jester too…???”

It forces you into a one-dimensional place, and that’s not a marker of a strong brand.  

...

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Top 3 Brand Strategy Books

 

I LOVE a new branding or business book.

(I warned you before – I truly am a Brand Strategy Geek).

If you’re the same, find my top 3 recommendations below. 

Best Brand Strategy Books 

1. GROW: How Ideals Power Growth and Profit At The World’s 50 Greatest Companies – 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.

Here’s a few gems from this one:

“Maximum growth and high ideals are not incompatible. They’re inseparable.”

“The most powerful and profitable tools in business are ideals – ideas for improving people’s lives that speak directly to their instincts, emotions, hopes, dreams and values.” 

“The 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...

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The 5 Essential Skills You Need and 4 Courses You Should Consider to Learn Brand Strategy

"I'm not sure I'm smart enough to do brand strategy."

Do you know how often I hear that?

TOO OFTEN.

But what’s 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.  

Here’s two things to solve this:

  1. The 4 best brand strategy courses to give you that necessary clarity and confidence.
  2. The 5 essential skills you need. It’s not about being ‘smart’ but you do need to like doing these 5 things.

The skills you need to do brand strategy

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...

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How To Write Meaningful And Memorable Company Values

In my Brand Strategy Academy course this week, we’ve 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, “DIFFERENTIATE OR DIE!”, the reality is that it’s just not realistic to write a brand strategy where every single idea in it is different from your major competitors’.  This is particularly true when you get to writing WHO you are and HOW you do things – what companies often call their values, beliefs or behaviours. 

Take Visa, Mastercard and American Express – 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:

  • WE DO WHAT’S RIGHT - Amex
  • We act with integrity and respect – Mastercard
  • Doing well by doing right – VISA

And they all include the idea of...

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How To Brief A Designer - The Ultimate Guide

I'm in an accountability group with three amazing entrepreneurial women, who are all trying to create their websites.  When we chatted last week, they were bemoaning the fact that they'd been given "bad logos" from the designers they'd hired to help them.  

I suggested that perhaps it wasn't the designers' fault, and asked them what they'd put in their brief.  
There was a shifty silence...

So I wrote them a guide that I shared in my blog last week, then asked for feedback on it from the amazing design talent I know.  I wanted both sides of the story.  

So here's the ultimate guide - from my perspective, having briefed hundreds of design projects over the years, and from the perspective of talented designers who’ve seen many good and bad briefs in their time. 

The summary:

There are four significant success factors in briefing a designer, and managing the design process.

  1. Choosing wisely.
  2. Making sure you tell them the right things about you.
  3. Making...
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Got four minutes? Learn the bedrocks of brand strategy

 

Got 4 minutes?

Then I’ve got 4 questions for you.  Questions that every world-class brand knows their answers to. 

What am I talking about? 

Brand strategy, of course.   Because all any business needs to do to create a brand strategy is to answer these four questions.

Brand strategy is the answer to four questions

WHY -  you exist

WHO -  you are

HOW - you do things, and how you look, feel and sound

WHAT -  you do

Now you can call these whatever you want. You can call the answer to WHY you exist your brand purpose or your mission. You can call the ‘WHO', your values, principles, or philosophy.  You can call your 'HOW' your behaviours, or mantra, or principles. 

Contrary to what you might see elsewhere – what you call these things DOES NOT MATTER

But what matters very much, is your answers to these questions, and that you answer all of them. 

Why do we have to answer each of these questions? 

...

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Rewind a minute - what is brand strategy??

 

So I've been writing away about branding for a while, but I got a couple of emails this week from people asking me to rewind a bit, and answer, 'What is brand strategy?'

So here's a 5 minute clip from my free 'Brand Strategy in 7 Simple Steps' mini-course that explains it.

I start by rewinding even further - to what is a brand.

Because you've gotta know that, before you know what brand strategy is.

If you're more a reader than a watcher, get the explanation below.

And if you're itching to know what to do next - how to do your brand strategy - then it's all in the free course - get it right here.

Wishing you clear, confident brand-building progress my friend!

What is a brand?

All brands really are, are the associations people have about a business in their minds. 

And studies and neuroscience have shown that the stronger and more connected these associations are, the more likely a customer is to choose and buy your brand.

So what does this...

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