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Why branding and comms matter
2016
Paul Naphtali, managing partner, rampersand.vc
What do you want out of this?
Why branding & comms matter
Companies build awareness, create buzz and drive value through clear market
positioning and consistent communications.
Successful companies create communications platforms that drive awareness and
understanding of their business as well as build communities that follow and support
the business.
These platforms start with defining a clear, unique and valuable positioning and
messaging for the business. Unfortunately, that positioning is not always intuitive.
Startups often work off instinct and don’t pause to consider or articulate the value
and message of the business/product
Get it right Leave it to chance
Product development is faster and better Product false turns
Culture lifts Employee confusion
Employment is easier Hiring challenges
Customer acquisition & retention improves Slow growth, churn
Content goes viral Content for your mum
Investors & acquirers come knocking Capital challenges
Why branding & comms matter
Get it right Leave it to chance
Product development is faster and better Product false turns
Culture lifts Employee confusion
Employment is easier Hiring challenges
Customer acquisition & retention improves Slow growth, churn
Content goes viral Content for your mum
Investors & acquirers come knocking Capital challenges
The (dual) goal for every startup: Drive operational objectives, build strategic value
Why branding & comms matter
It’s not just about being known
It’s about being loved
What’s love got to do with it?
Brand awareness is important, but alone it won't drive sales.
awareness → engagement → love → action
Unlike awareness you can’t buy brand love, you have to earn it
The power of love
Building brand love doesn’t just create lifelong fans – it also creates brand advocates. And
the biggest reason brand advocates are so powerful is trust
● Consumer-to-consumer word of mouth generates more than 2X the sales of paid
advertising
● Customers referred by other customers have a 37% higher retention rate
● Brand advocates spend 2x more than average customers on favorite brands
● Brand advocates are 50% more likely to influence a purchase
● A 12% increase in brand advocacy on average generates a x2 increase in revenue
and growth rate, plus boosts market share
● How to measure love? Check out Accenture’s The Love Index
With love comes advocacy
BRAND PROMISE: WHY WE EXIST
VALUE PROPOSITION: HOW WE DO IT
BRAND PERSONALITY: WHAT WE DO
Thanks to Simon Sinek: check him out
The golden circle
Three words
One sentence
One paragraph
The 3 - 1 - 1
Inspiration
● Who for
● What problem
● Why we solve it
● How we solve it
● Value of solving it
What problem do we solve?
Unique
Meaningful
● future looking
● aspirational
● drives talkability
● wins the minds and hearts
Your story
● What makes news
● What do they cover
● Who cares
● License
● Rhythm and timing
● Scalable, repeatable
Dealing with the media
● Business milestones
● Capital raising
● Thought leadership
Comms plans
Thank you &
Good Luck

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Startups: the importance of getting your story right

  • 1. Why branding and comms matter 2016 Paul Naphtali, managing partner, rampersand.vc
  • 2. What do you want out of this?
  • 3. Why branding & comms matter Companies build awareness, create buzz and drive value through clear market positioning and consistent communications. Successful companies create communications platforms that drive awareness and understanding of their business as well as build communities that follow and support the business. These platforms start with defining a clear, unique and valuable positioning and messaging for the business. Unfortunately, that positioning is not always intuitive. Startups often work off instinct and don’t pause to consider or articulate the value and message of the business/product
  • 4. Get it right Leave it to chance Product development is faster and better Product false turns Culture lifts Employee confusion Employment is easier Hiring challenges Customer acquisition & retention improves Slow growth, churn Content goes viral Content for your mum Investors & acquirers come knocking Capital challenges Why branding & comms matter
  • 5. Get it right Leave it to chance Product development is faster and better Product false turns Culture lifts Employee confusion Employment is easier Hiring challenges Customer acquisition & retention improves Slow growth, churn Content goes viral Content for your mum Investors & acquirers come knocking Capital challenges The (dual) goal for every startup: Drive operational objectives, build strategic value Why branding & comms matter
  • 6. It’s not just about being known It’s about being loved
  • 7. What’s love got to do with it?
  • 8.
  • 9. Brand awareness is important, but alone it won't drive sales. awareness → engagement → love → action Unlike awareness you can’t buy brand love, you have to earn it The power of love
  • 10. Building brand love doesn’t just create lifelong fans – it also creates brand advocates. And the biggest reason brand advocates are so powerful is trust ● Consumer-to-consumer word of mouth generates more than 2X the sales of paid advertising ● Customers referred by other customers have a 37% higher retention rate ● Brand advocates spend 2x more than average customers on favorite brands ● Brand advocates are 50% more likely to influence a purchase ● A 12% increase in brand advocacy on average generates a x2 increase in revenue and growth rate, plus boosts market share ● How to measure love? Check out Accenture’s The Love Index With love comes advocacy
  • 11. BRAND PROMISE: WHY WE EXIST VALUE PROPOSITION: HOW WE DO IT BRAND PERSONALITY: WHAT WE DO Thanks to Simon Sinek: check him out The golden circle
  • 12. Three words One sentence One paragraph The 3 - 1 - 1
  • 14.
  • 15.
  • 16.
  • 17.
  • 18. ● Who for ● What problem ● Why we solve it ● How we solve it ● Value of solving it What problem do we solve?
  • 20. ● future looking ● aspirational ● drives talkability ● wins the minds and hearts Your story
  • 21. ● What makes news ● What do they cover ● Who cares ● License ● Rhythm and timing ● Scalable, repeatable Dealing with the media
  • 22. ● Business milestones ● Capital raising ● Thought leadership Comms plans

Editor's Notes

  1. forbes article