3. 1520PCA 1520PCASome Questions Covered
• Can Branding REALLY help Drive Sales? How?
• How Much Does it Cost (in real dollars and LOST sales)?
• What Constitutes a Good Brand?
• What is More Important: Good Product / Service or
Good Brand?
• What are the Intangibles of a Great Brand?
• And you will have more….
4.
5. 1520PCA 1520PCAPersonal Brand?
Who Am I? Tall / Short?
Casual / Constricted
Funny / Serious
Profit Prophet
I’m not Jewish but I play one on TV!
Female / Male
Everyday is Fryday
6. 1520PCA 1520PCABrand Definition
Brand –noun
1. kind, grade, or make, as indicated by a stamp, trademark, or
the like: the best brand of coffee.
2. a mark made by burning or otherwise, to indicate kind, grade,
make, ownership, etc.
3. a mark formerly put upon criminals with a hot iron.
4. any mark of disgrace; stigma.
5. branding iron.
6. a kind or variety of something distinguished by some
distinctive characteristic: The movie was filled with slapstick—
a brand of humor he did not find funny.
7. a burning or partly burned piece of wood.
7. 1520PCA 1520PCAConventional Wisdom
brand
A brand is a product, service, or concept that is publicly
distinguished from other products, services, or concepts so that
it can be easily communicated and usually marketed. A brand
name is the name of the distinctive product, service, or concept.
Branding is the process of creating and disseminating the brand
name. Branding can be applied to the entire corporate identity
as well as to individual product and service names.
Here is the famous advertising copywriter and ad agency founder David
Ogilvy's definition of a brand:
The intangible sum of a product's attributes: its name,
packaging, and price, its history, its reputation, and the way it's
advertised.
8. 1520PCA 1520PCAThe Easy Definition
“A Reputation (Brand) is What
Speaks When There is No One
There To Speak for It.”
10. 1520PCA 1520PCAWhat is Branding?
Brands Always Speak to Your Gut
Not To Your Head
They Elicit a Feeling
11. 1520PCA 1520PCABrand Power Example - Water
$40/750ml
$200/Gal
$0.97/Gal
City of LA
$3.99/750ml
$20/Gal
Based on Marketing / Imaging most People were able
to accurately estimate the most expensive brands
12. 1520PCA 1520PCATaste Is In Your Mouth
#1 out of 16#15 out of 16
Based on Taste NO ONE as able to accurately predict a the best!
13. 1520PCA 1520PCAViral Marketing
• Branding for Start Ups / Small Business
• Smaller is Better – A Virus Spreads Faster because it is
easier to transmit
• Passion Sells – Lots of touches make it spread faster
• Recruits sellers without their knowledge or having to
pay them!
• Social Networks ARE Great, But Manage the Personal
Network, Build your TRIBE
15. 1520PCA 1520PCALocal Example - AGH
Austin Green Homebuilder
Uses Green without Green
Focused
Conveys Spectrum
Unique
Double Meaning
Viral
Uses Overused Term “Green”
Unfocused
Conveys Confusion
Not Unique
Lack of Clear Meaning
Hard To Spread Concept
16. 1520PCA 1520PCAWhere Do I Start?
DETERMINE:
Your Passion
What Do You Stand For?
What You want to be
Remembered For?
17. 1520PCA 1520PCA#1 Factor For A Great Brand
“Differentiate or Die”
No One Ever Remembers
Ordinary anything
18. 1520PCA 1520PCAMarketing Jedi Tricks
If you are not #1 in a category, create one where you are:
Example: Hardwired DSP
PRISM Chipset (#1 selling in world) (Personal Radio for the ISM
Band)
Focus IS important (do not water down)
Do ONE Thing Better Than Anyone Else AND be KNOWN For It!
19. 1520PCA 1520PCAElements of Branding
• Shapes (Geometric, Others)
• Colors (Each Conveys Meaning)
• Personalities
• Imagery (Animals, Myths, etc.)
• Words (Logo & Tag Lines)
• Fonts
20. 1520PCA 1520PCAElements of a GREAT Brand
• Easy to Remember
• Aligns Passion of Product or Service to Customer’s
Needs / Wants
• Conveys What your Words Convey
• Short And Sweet “Just Do It”
• Easy to Remember, Easy To Recall Meaning
• Easy To Remember, Easy To Elicit Correct Feeling