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10 THINGS YOU NEED TO
KNOW ABOUT STARTUP

BRANDING

Presented by:
Assaf Guery, Managing Partner, Nascent


www.nascentgrp.com
INTRODUCTION TO NASCENT
NASCENT HELPS COMPANIES INNOVATE

by aligning brands, products, services, software and
user experiences with business goals and processes,
nascent delivers sustainable competitive advantage,
from strategy to execution.
A SNAPSHOT OF RECENT WORK
ENGAGEMENT TYPE        CLIENT TYPE      GEOGRAPHY




             GUI
  Brand                              2
  strategy                       E
                                                  US & EU

Websites
             Branding    High Tech       Local for
               A-Z                       international
PAST                  EVOLUTION            FUTURE




ORGANIZATION            ORGANIZATION   BRAND     ORGANIZATION




   finance
   technology
   human resources                             finance
   operations                                  technology
                                               human resources
   sales
                                               operations
   marketing                                   sales
             branding                          marketing
ONE. YOU ARE YOUR BRAND AND YOUR BRAND IS YOU

At the beginning, your brand personality and that of your
startup are one and the same.

Your passion, drive, integrity, and total belief will shape:

  •   the   employees who join you
  •   the   investment opportunities you receive
  •   the   media coverage the company receives
  •   the   overall perception of the company
TWO. MESSAGING & POSITIONING

Messaging and positioning are at the core of everything the
company does. If you can’t articulate what you do, which
market you’re in and who your key target audiences are, you
need to think again...

Messaging and positioning should be communicated:

  • internally - to employees
  • externally - to investors, the media, analysts, partners and
    all other key stakeholder groups.

Your brand’s equity is built in the minds of the two groups
above. Your brand is what they say it is, shape their perceptions
THREE. STRATEGY, THEN TACTICS

Branding is a strategic undertaking and not a tactical one.
Brand strategy deals with issues at the core of the business,
things like:

  •   vision
  •   mission
  •   messaging
  •   positioning
  •   naming
  •   brand architecture
  •   identity

these things, when aligned, build brand equity over time.
FOUR. CUSTOMERS & POTENTIALS. THE NEW PARTNERS?

Companies succeed when their brands and products delight
their target audiences, by answering an unmet or unknown
need, or by radically improving on an existing product or
service.

Startups need to understand the needs of their customers and
elicit their feedback at every opportunity, to gain rapid market
traction. This is true for both B2B and B2C startups.

“Peer production is about more than sitting down and having a nice conversation...
It's about harnessing a new mode of production to take innovation and wealth
creation to new levels”
Eric Schmidt, CEO Google
FIVE. THE 80 / 20 RULE: IMPLEMENTING NPS

Q: How likely is it that you would recommend this company to a
friend or colleague?

Sort the responses into three groups: promoters (9's and 10's),
passives (7's and 8's), and detractors (0's through 6's). The
percentage of promoters minus the percentage of detractors
equals your score. A company with 75% promoters and 15%
detractors, for example, would have an NPS of 60.

Bain & Co. (who invented the system) estimate that 80% of a
company’s new business leads are generated this way.
SIX. MANAGE YOUR BRAND LIKE YOUR FLAGSHIP PRODUCT

Often times, internal marketers are hired relatively late in the
start-up recruiting cycle. Most startups (especially Israeli ones)
are technology driven.

N.B. The majority of end users have no interest in technology.

While there is always an urgency to get the product to market,
think of your brand as a parallel or even flagship product.
That means it needs to be:

  •   actively managed
  •   have a development roadmap
  •   be discussed regularly at senior management level
  •   be someone’s key responsibility
  •   aware of other competing brands
WHATS GOOD FOR YOUR PRODUCT...IS GOOD FOR YOUR BRAND
SEVEN. USER EXPERIENCE IS BRAND EXPERIENCE

In today’s digital, always on world, the user’s experience of
your product is synonymous with the brand experience of
your company. Give your users something to celebrate and
talk about:

  •   aim for simplicity
  •   believe that less can be more
  •   invest in your product’s user interface and usability
  •   enable some level of personalization
  •   let the user experience design lead the technology
  •   Involve design thinking earlier on in the process
EIGHT. CREATE A BRAND BUDGET

Brand building takes time, a rich skill set and the development
of smart, relevant content to touch and inspire your audience.
You should budget for:

  •   a brand strategy
  •   a brand identity
  •   technical and or product marketing writing
  •   SEO / SEM
  •   corporate / product social media content development
  •   public relations
NINE. BRAND BUILDING IS A TEAM SPORT

Brands are built by teams not individuals. In most cases, the
domain expertise resides with you, the company, while the
brand expertise is delivered through an ongoing agency
relationship, built over time.

  •   spend time with your agency, learn to trust them
  •   share your ideas but be open to others
  •   provide as much information as you can
  •   be focused but patient
  •   enjoy the process, learn from it, develop your brand skills
TEN. A BRAND IS A LIVING ENTITY

Tom Peters, the famous marketing guru and bestselling
author said “you cannot not communicate”. So remember:

 • your brand is being built, with or without you
 • you can chose to shape perception or let it be shaped
 • your brand makes it “easy to tell and easy to sell”
 • Its simplifies complexity but is in itself complex
 • It makes things clear to those inside your company and
   outside
 • Brands need to be nurtured in order to grow strong and
   stay relevant. Spend a little time each day, thinking about
   how to improve and communicate yours!
RESOURCES / INSPIRATION
Serial entrepreneur_startup branding       http://www.fastcompany.com/resources/marketing/post/120606.html?page=0%2C0
Sun startup camp_branding                  http://www.youtube.com/watch?v=Q7P-XQetSEg
Sun startup camp_messaging / positioning   http://www.youtube.com/watch?v=4I4zJQ8OPjM&NR=1
Net Promoter Score_NPS                     http://money.cnn.com/2008/05/21/smallbusiness/customers_sell_for_you.fsb/
                                           index.htm
Tom Peters                                 http://www.tompeters.com
Brand channel                              http://www.brandchannel.com
THANK YOU


 www.nascentgrp.com

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Branding for startups

  • 1. 10 THINGS YOU NEED TO KNOW ABOUT STARTUP BRANDING Presented by: Assaf Guery, Managing Partner, Nascent www.nascentgrp.com
  • 3. NASCENT HELPS COMPANIES INNOVATE by aligning brands, products, services, software and user experiences with business goals and processes, nascent delivers sustainable competitive advantage, from strategy to execution.
  • 4.
  • 5. A SNAPSHOT OF RECENT WORK
  • 6.
  • 7.
  • 8. ENGAGEMENT TYPE CLIENT TYPE GEOGRAPHY GUI Brand 2 strategy E US & EU Websites Branding High Tech Local for A-Z international
  • 9. PAST EVOLUTION FUTURE ORGANIZATION ORGANIZATION BRAND ORGANIZATION finance technology human resources finance operations technology human resources sales operations marketing sales branding marketing
  • 10. ONE. YOU ARE YOUR BRAND AND YOUR BRAND IS YOU At the beginning, your brand personality and that of your startup are one and the same. Your passion, drive, integrity, and total belief will shape: • the employees who join you • the investment opportunities you receive • the media coverage the company receives • the overall perception of the company
  • 11.
  • 12. TWO. MESSAGING & POSITIONING Messaging and positioning are at the core of everything the company does. If you can’t articulate what you do, which market you’re in and who your key target audiences are, you need to think again... Messaging and positioning should be communicated: • internally - to employees • externally - to investors, the media, analysts, partners and all other key stakeholder groups. Your brand’s equity is built in the minds of the two groups above. Your brand is what they say it is, shape their perceptions
  • 13.
  • 14. THREE. STRATEGY, THEN TACTICS Branding is a strategic undertaking and not a tactical one. Brand strategy deals with issues at the core of the business, things like: • vision • mission • messaging • positioning • naming • brand architecture • identity these things, when aligned, build brand equity over time.
  • 15. FOUR. CUSTOMERS & POTENTIALS. THE NEW PARTNERS? Companies succeed when their brands and products delight their target audiences, by answering an unmet or unknown need, or by radically improving on an existing product or service. Startups need to understand the needs of their customers and elicit their feedback at every opportunity, to gain rapid market traction. This is true for both B2B and B2C startups. “Peer production is about more than sitting down and having a nice conversation... It's about harnessing a new mode of production to take innovation and wealth creation to new levels” Eric Schmidt, CEO Google
  • 16.
  • 17. FIVE. THE 80 / 20 RULE: IMPLEMENTING NPS Q: How likely is it that you would recommend this company to a friend or colleague? Sort the responses into three groups: promoters (9's and 10's), passives (7's and 8's), and detractors (0's through 6's). The percentage of promoters minus the percentage of detractors equals your score. A company with 75% promoters and 15% detractors, for example, would have an NPS of 60. Bain & Co. (who invented the system) estimate that 80% of a company’s new business leads are generated this way.
  • 18. SIX. MANAGE YOUR BRAND LIKE YOUR FLAGSHIP PRODUCT Often times, internal marketers are hired relatively late in the start-up recruiting cycle. Most startups (especially Israeli ones) are technology driven. N.B. The majority of end users have no interest in technology. While there is always an urgency to get the product to market, think of your brand as a parallel or even flagship product. That means it needs to be: • actively managed • have a development roadmap • be discussed regularly at senior management level • be someone’s key responsibility • aware of other competing brands
  • 19. WHATS GOOD FOR YOUR PRODUCT...IS GOOD FOR YOUR BRAND
  • 20. SEVEN. USER EXPERIENCE IS BRAND EXPERIENCE In today’s digital, always on world, the user’s experience of your product is synonymous with the brand experience of your company. Give your users something to celebrate and talk about: • aim for simplicity • believe that less can be more • invest in your product’s user interface and usability • enable some level of personalization • let the user experience design lead the technology • Involve design thinking earlier on in the process
  • 21.
  • 22. EIGHT. CREATE A BRAND BUDGET Brand building takes time, a rich skill set and the development of smart, relevant content to touch and inspire your audience. You should budget for: • a brand strategy • a brand identity • technical and or product marketing writing • SEO / SEM • corporate / product social media content development • public relations
  • 23. NINE. BRAND BUILDING IS A TEAM SPORT Brands are built by teams not individuals. In most cases, the domain expertise resides with you, the company, while the brand expertise is delivered through an ongoing agency relationship, built over time. • spend time with your agency, learn to trust them • share your ideas but be open to others • provide as much information as you can • be focused but patient • enjoy the process, learn from it, develop your brand skills
  • 24. TEN. A BRAND IS A LIVING ENTITY Tom Peters, the famous marketing guru and bestselling author said “you cannot not communicate”. So remember: • your brand is being built, with or without you • you can chose to shape perception or let it be shaped • your brand makes it “easy to tell and easy to sell” • Its simplifies complexity but is in itself complex • It makes things clear to those inside your company and outside • Brands need to be nurtured in order to grow strong and stay relevant. Spend a little time each day, thinking about how to improve and communicate yours!
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  • 26. RESOURCES / INSPIRATION Serial entrepreneur_startup branding http://www.fastcompany.com/resources/marketing/post/120606.html?page=0%2C0 Sun startup camp_branding http://www.youtube.com/watch?v=Q7P-XQetSEg Sun startup camp_messaging / positioning http://www.youtube.com/watch?v=4I4zJQ8OPjM&NR=1 Net Promoter Score_NPS http://money.cnn.com/2008/05/21/smallbusiness/customers_sell_for_you.fsb/ index.htm Tom Peters http://www.tompeters.com Brand channel http://www.brandchannel.com