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BRANDS
DEVELOPING AND
  IMPLEMENTING
    SUCCESSFUL
BRAND STRATEGY
A Brand is more than a logo
A brand is the sum of the mental connections a person
         has in relation to a product or service




     Brands only exist in the mind of the market
Choose?
The value of Brands are realised through customer choice


Shareholder value is created through the choice of customers to
transact on the basis of the associations they hold in respect to a
product, good or service.

Without an identiļ¬able brand customers have no clear way of:
   
 ā€Æ choosing one alternative over another
   
 ā€Æ discerning the option that best meets their needs
   
 ā€Æ rewarding businesses that have genuine competitive advantage
Why should a customer choose you?




         Company      Company       Company
            A            B             C
The strongest Brands are built upon competitive advantage


Customers choose brands where the mental associations reļ¬‚ect:

     -ā€Æ Value propositions that meet the needs of customers

     -ā€Æ Beneļ¬ts that diļ¬€er from alternatives in ways that are relevant to customers

     -ā€Æ Values that appeal to customersā€™ own beliefs or aspirations


Brands are built upon both rational and emotional advantage.
Brand Strategy is a business imperative
 Businesses have a brand even when they do not have a brand
                          strategy.




 If you donā€™t invest in deļ¬ning the meaning of your brand, the
                  market will deļ¬ne it for you.
Brandā€©Strategyā€©isā€©anā€©extensionā€©ofā€©Businessā€©Strategyā€©


Whereā€©doesā€©theā€©businessā€©compete?ā€©        Whichā€©customersā€©doesā€©theā€©brandā€©serve?ā€©ā€©

Howā€©doesā€©theā€©businessā€©createā€©value?ā€©     Whatā€©areā€©theā€©needsā€©theā€©brandā€©fulļ¬ls?ā€©

Howā€©doesā€©theā€©businessā€©createā€©aā€©returnā€©   Whatā€©areā€©customersā€©preparedā€©toā€©payā€©forā€©aā€©
ā€©forā€©shareholders?ā€©                      brandā€©thatā€©deliversā€©value?ā€©

Howā€©doesā€©theā€©businessā€©leverageā€©ā€©         Whatā€©makesā€©thisā€©brandā€©diļ¬€erentā€©fromā€©othersā€©
compe==veā€©advantage?ā€©

Howā€©doesā€©theā€©businessā€©a>ractā€©andā€©ā€©       Whatā€©doesā€©theā€©brandā€©standā€©forā€©beyondā€©
retainā€©talent?ā€©                          makingā€©money?ā€©
Brands are built from multiple inļ¬‚uences

                          Advertising
       Promotion
                                               Word of mouth

 Sponsorship                                            Logo design

                                                       Product/Service
Social Media                  Brandā€©                     Experience

                                                             Editorial
  Observation
                                                             Comment


       In-                                              Endorsement
      Store


  Brand Strategy must address controllable & uncontrollable inļ¬‚uences
Theā€©alignmentā€©ofā€©brandā€©strategyā€©withā€©cultureā€©andā€©
                valuesā€©isā€©cri=cal
                                ā€©

                         ā€¢ā€Æ Inā€©mostā€©businesses,ā€©peopleā€©areā€©aā€©
                            cri=calā€©componentā€©ofā€©brandā€©strategyā€©

                         ā€¢ā€Æ Theyā€©canā€©beā€©highlyā€©inļ¬‚uen=alā€©inā€©
                            determiningā€©customerā€©experienceā€©inā€©
                            dealingā€©withā€©theā€©brandā€©

                         ā€¢ā€Æ Strongā€©brandsā€©areā€©underpinnedā€©byā€©aā€©
                            cultureā€©thatā€©isā€©inā€©harmonyā€©withā€©theā€©
                            brandā€©
How does your Brand Strategy stack-up?
Our Brand Strategy isā€¦.                                                                     Yes   No   Donā€™t Know

Clearly linked to our business strategy - How we manage our brand and the
investments we make in branding can be clearly tied back to our business goals,
objectives and outcomes.

Based upon the rational & emotional need of our target market ā€“ Our target market is
clearly deļ¬ned and we have solid research that backs-up our understanding of what
customers need from businesses like ours.


Eļ¬€ective in diļ¬€erentiating us from the competition ā€“ Customers clearly see our brand
as diļ¬€erent from competing alternatives in ways that really matter to them


Integrated across all points of inļ¬‚uence ā€“ Our brand positioning is consistent across all
customer touch points. We are consistent in our controlled communications through
web, PR, sponsorship and advertising and most importantly, in the experiences
customers have when they deal with our business.
Sensitive to uncontrollable inļ¬‚uences ā€“ We have processes to monitor uncontrollable
inļ¬‚uences such as competitor actions and customer comments made about our brand
in social media and on-line and respond accordingly.

Understood by our staļ¬€ & business partners ā€“ If I asked each staļ¬€ member or business
partner what our business stands for and what makes us diļ¬€erent in the eyes of
customers, I would get a consistent response that really reļ¬‚ects our brand strategy.


 If you answered anything other then ā€œYesā€ to any of the above, you have work to do
                              on your brand strategy.
So,ā€©howā€©doā€©
youā€©unlockā€©theā€©
  valueā€©ofā€©aā€©
    brand?ā€©
Brand Navigatorā€™s 8-step process
                 Execution ā€“ including             Discovery                   Scoping & Customer
                 monitoring of brand                                           Research to identify
                     performance                       1                   rational & emotional needs


                                                                                         Insight
      Implementation            8                                                2

 Messaging across
  touch-points &                           Brandā€©              Businessā€©                         Internal Workshops
    processes                                                                                 to agree target market &
                                      Implementa=onā€©           Strategyā€©
                                                                                                  value proposition


                                                     Clientā€©                                         Strategy
 Go to Market          7                                                                  3
                                                                                                    Alignment
  Planning

                                           Brandā€©ā€©            Brandā€©
       Develop Brand                      Adop=onā€©         Developmentā€©                          Architecture ā€“ Linking
    identity & guidelines                                                                          Brand to Business
       for application                                                                             goals & outcomes
                                                                                     4
                                6
             Employee                                                                      Positioning
             Alignment
                            Link to culture            5                    Naming & attribute
                               & values                                        deļ¬nition
                                              Identity Development
Forā€©adviceā€©onā€©unlockingā€©theā€©valueā€©ofā€©yourā€©
brandā€©contact:ā€©

              Dean Harris ā€“ Director
            dean.harris@brandnavigator.com.au




            Cecile Thornley ā€“ Director
           Cecile.thornley@brandnavigator.com.au




                   Or visit:
           www.brandnavigator.com.au

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Brand Strategy

  • 1. BRANDS DEVELOPING AND IMPLEMENTING SUCCESSFUL BRAND STRATEGY
  • 2. A Brand is more than a logo
  • 3. A brand is the sum of the mental connections a person has in relation to a product or service Brands only exist in the mind of the market
  • 5. The value of Brands are realised through customer choice Shareholder value is created through the choice of customers to transact on the basis of the associations they hold in respect to a product, good or service. Without an identiļ¬able brand customers have no clear way of: ā€Æ choosing one alternative over another ā€Æ discerning the option that best meets their needs ā€Æ rewarding businesses that have genuine competitive advantage
  • 6. Why should a customer choose you? Company Company Company A B C
  • 7. The strongest Brands are built upon competitive advantage Customers choose brands where the mental associations reļ¬‚ect: -ā€Æ Value propositions that meet the needs of customers -ā€Æ Beneļ¬ts that diļ¬€er from alternatives in ways that are relevant to customers -ā€Æ Values that appeal to customersā€™ own beliefs or aspirations Brands are built upon both rational and emotional advantage.
  • 8. Brand Strategy is a business imperative Businesses have a brand even when they do not have a brand strategy. If you donā€™t invest in deļ¬ning the meaning of your brand, the market will deļ¬ne it for you.
  • 9. Brandā€©Strategyā€©isā€©anā€©extensionā€©ofā€©Businessā€©Strategyā€© Whereā€©doesā€©theā€©businessā€©compete?ā€© Whichā€©customersā€©doesā€©theā€©brandā€©serve?ā€©ā€© Howā€©doesā€©theā€©businessā€©createā€©value?ā€© Whatā€©areā€©theā€©needsā€©theā€©brandā€©fulļ¬ls?ā€© Howā€©doesā€©theā€©businessā€©createā€©aā€©returnā€© Whatā€©areā€©customersā€©preparedā€©toā€©payā€©forā€©aā€© ā€©forā€©shareholders?ā€© brandā€©thatā€©deliversā€©value?ā€© Howā€©doesā€©theā€©businessā€©leverageā€©ā€© Whatā€©makesā€©thisā€©brandā€©diļ¬€erentā€©fromā€©othersā€© compe==veā€©advantage?ā€© Howā€©doesā€©theā€©businessā€©a>ractā€©andā€©ā€© Whatā€©doesā€©theā€©brandā€©standā€©forā€©beyondā€© retainā€©talent?ā€© makingā€©money?ā€©
  • 10. Brands are built from multiple inļ¬‚uences Advertising Promotion Word of mouth Sponsorship Logo design Product/Service Social Media Brandā€© Experience Editorial Observation Comment In- Endorsement Store Brand Strategy must address controllable & uncontrollable inļ¬‚uences
  • 11. Theā€©alignmentā€©ofā€©brandā€©strategyā€©withā€©cultureā€©andā€© valuesā€©isā€©cri=cal ā€© ā€¢ā€Æ Inā€©mostā€©businesses,ā€©peopleā€©areā€©aā€© cri=calā€©componentā€©ofā€©brandā€©strategyā€© ā€¢ā€Æ Theyā€©canā€©beā€©highlyā€©inļ¬‚uen=alā€©inā€© determiningā€©customerā€©experienceā€©inā€© dealingā€©withā€©theā€©brandā€© ā€¢ā€Æ Strongā€©brandsā€©areā€©underpinnedā€©byā€©aā€© cultureā€©thatā€©isā€©inā€©harmonyā€©withā€©theā€© brandā€©
  • 12. How does your Brand Strategy stack-up? Our Brand Strategy isā€¦. Yes No Donā€™t Know Clearly linked to our business strategy - How we manage our brand and the investments we make in branding can be clearly tied back to our business goals, objectives and outcomes. Based upon the rational & emotional need of our target market ā€“ Our target market is clearly deļ¬ned and we have solid research that backs-up our understanding of what customers need from businesses like ours. Eļ¬€ective in diļ¬€erentiating us from the competition ā€“ Customers clearly see our brand as diļ¬€erent from competing alternatives in ways that really matter to them Integrated across all points of inļ¬‚uence ā€“ Our brand positioning is consistent across all customer touch points. We are consistent in our controlled communications through web, PR, sponsorship and advertising and most importantly, in the experiences customers have when they deal with our business. Sensitive to uncontrollable inļ¬‚uences ā€“ We have processes to monitor uncontrollable inļ¬‚uences such as competitor actions and customer comments made about our brand in social media and on-line and respond accordingly. Understood by our staļ¬€ & business partners ā€“ If I asked each staļ¬€ member or business partner what our business stands for and what makes us diļ¬€erent in the eyes of customers, I would get a consistent response that really reļ¬‚ects our brand strategy. If you answered anything other then ā€œYesā€ to any of the above, you have work to do on your brand strategy.
  • 14. Brand Navigatorā€™s 8-step process Execution ā€“ including Discovery Scoping & Customer monitoring of brand Research to identify performance 1 rational & emotional needs Insight Implementation 8 2 Messaging across touch-points & Brandā€© Businessā€© Internal Workshops processes to agree target market & Implementa=onā€© Strategyā€© value proposition Clientā€© Strategy Go to Market 7 3 Alignment Planning Brandā€©ā€© Brandā€© Develop Brand Adop=onā€© Developmentā€© Architecture ā€“ Linking identity & guidelines Brand to Business for application goals & outcomes 4 6 Employee Positioning Alignment Link to culture 5 Naming & attribute & values deļ¬nition Identity Development
  • 15. Forā€©adviceā€©onā€©unlockingā€©theā€©valueā€©ofā€©yourā€© brandā€©contact:ā€© Dean Harris ā€“ Director dean.harris@brandnavigator.com.au Cecile Thornley ā€“ Director Cecile.thornley@brandnavigator.com.au Or visit: www.brandnavigator.com.au