Building strength in a brand over time is not an easy process. Continuously changing and evolving companies can often lose the brand personality. Regular checks and a corporate-backed brand strategy can help keep a brand on track.
Typically, a branding strategy or campaign consists of three general elements: Identity, Implementation and Management. It takes commitment, discipline, focus and courage to build a strong brand that people will care about and support (everything done should be considered within the broader context of brand strategy). A strong brands acts like a magnet to prospective employees, shareholders and customers.
Understanding the brand:
The brand:
There are many ways to define a brand, some define it as a position in a target market; price, quality, uniqueness, reputation… Some define it as a perception that exists in the minds of the customer, prospect or stakeholder. No matter how it’s defined, a brand is either built, ignored or neglected by the companies that the brand stands for. The amount of respect dedicated to the brand is the difference between a successful brand and one that fails. Everything a company does, the way they do it, and, in many cases, what a company doesn’t do, acts to reinforce or undermine the unique position in a customer’s mind.
Brand identity:
A brand identity is the visual expression of the brand. It includes logos, graphic elements, colours and look and feel that reflect the personality & tone of the brand. An identity should be long lasting, memorable and a timeless reminder of what a company stands for and delivers.
Brand strategy:
A brand strategy answers an essential and basic question. “How do I make a positive impression in the minds of everyone who touches the brand?” Through positive branding techniques including delivery of the message through integrated marketing and communications tactics, collateral development and implementation, a prospect will become aware, interested and invested in a brand. This investment will eventually lead to brand loyalty and buy-in. Most successful brand strategies are ones, that include everyone from employees & vendors, right on through to shareholders, prospects & customers.
Basic brand strength measurement variables:
- Messaging
- Brand distinctiveness
- Brand tone
- Brand consistency
- Brand awareness
- Brand reputation
- Brand loyalty
- Brand preference
General characteristics of a strong brand:
- Messaging and identity is consistent, clear, engaging, unique and resonates with all stakeholders
- Messaging reflects the company’s positioning strategy and is aligned with the brand’s core values
- Brand strength is built through communications tactics and collateral
- Brand image is being reinforced internally and externally
- Strong internal communications, everyone knows the mission and values statement
- Company consistently delivers what is promised
- Comprehensive graphic standard is respected and followed
General characteristics of a weak brand:
- General helplessness as company adapts to changes in the market, restructuring, leadership & strategies
- Inconsistent identity and messaging has undermined the unique position to the brand in the minds of stakeholders
- Mergers and acquisitions have over complicated the brand architecture
- Messaging doesn’t make sense any more and may be confusing stakeholders – position, mission, value
- Vision of the future is not clear
- Competing on price
- No internal pride or understanding
- Lack of stakeholder energy – have become cynical
- Lack of self worth and acceptance of failure
- Difficulty retaining best personnel
- Growth without a plan (fill a sort term market demand)
Re-branding:
There are many reasons why a company may choose to re-brand: confused investors, tarnished reputation, merger of equals, need to renew interest… No matter what the reason, probably one of the most significant outcomes of a re-branding process is the clarity and focus that it generates to the leadership team, management and personnel. It has a rejuvenating effect on the entire company – a renewed sense of purpose and puts some measurable reality to the current situation.