Think Like A Brand Strategist: A Successful Branding Strategy in 6 Steps
Dr. Jerome Joseph, CSP
Founder - The Brand Theatre/GBA. Ranked No 2 globally as a Brand Thought Leader. Consulting, Training & Speaking in 37 countries. Consult/Speaks on: #branding #digitalbranding #internalbranding #personalbranding #CX #AI
Have you ever stopped to think about why some brands are more remembered than others? Why do some have powerful messages and others do not? Why do we identify a specific colour with a certain brand or specific visual? Check Nike out. How often do you recall Nike each time the words: Just Do It is mentioned? In many cases, the recall rate is high.
All this is due to an effective branding strategy with which companies seek to influence the mind of the consumer and stand out from the rest. It is not just about selling a product, the brand experience is sold, the brand story is sold, the brand emotion is sold. The brand seeks to position itself in the mind of the consumer through certain experiences and positive values that make it more memorable and which identifies you from your competitors. Here are some ways in which you can start to build your brand using these 6 ideas.
1. Set your Brand Goals
The first step in creating your branding strategy is to define your goals. What do you want to get? Recognition? Diffusion? Consolidation of your identity? Or a change in the image you had until this moment? You have to be very clear about your objective, it must be concrete and achievable because it is what will mark the actions of your branding plan. The more concrete and measurable, the better. Only in this way can you evaluate if you are getting the desired results.
2. Define your Audiences
Before launching to apply the branding strategy, you have to study your target audience, what it is that they want, what they are looking for, what do they consume, what do they like, what are their pain points. How can your brand be relevant to them? Having a well-profiled target will help you develop the most appropriate strategies to connect with them effectively. Using this stage to also test key brand messages with them will also be useful. Here is an example of a buyer persona for a client. Based on the expectations and pain points, we were able to develop a customised brand experience for this persona.
3. Study your Competitors
It never hurts to know what your competitors do. Study what they do, their successes and failures, how they do it, etc. because it can be useful to you. It is not about copying, but learning from the mistakes and successes of others to develop successful strategies. It is about setting benchmarks and using best practices to help you be successful. What can you analyse? Here are some suggestions:
Knowing the above information helps you to strategise how you intend to out-maneuver your competition. There is a saying, "When your competition goes right, you go left."
4. Create a Strong Brand Ecosystem
An essential factor in your branding strategy is to include a section in which all aspects of your brand and its assets are clear. Here are some things to consider:
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All these aspects should be included in your brand guidelines manual that allows to maintain the uniformity of the brand and avoid duplication in communication in different formats. A complete brand ecosystem should include your brand DNA, your brand messages, your brand visuals, brand assets and brand applications,
5. Be Strategic in your Communication
Ensure you have a clear strategic plan that helps you reach your brand goals. Communication needs to use multiple tactics to get your brand out there. Here are some crucial elements to consider in your brand communication.
Ensure you maintain brand consistency across these touchpoints at all times.
6. Evaluate your Brand Results
It is useless to invest a generous budget in your branding strategy if you will not study the results you’ve obtained. The objectives should be clear, achievable, concrete and measurable. In order to conclude the success or failure of your branding strategy, you have to establish performance indicators that show you the results achieved. In this way, you can enhance what has been successful or correct what went wrong.
I have to add that I have only given you the tip of the iceberg. Branding is so much more and if you would like to explore my book:?The Brand Playbook , it will contain over 88 strategies and ideas to consider for your brand. Wishing you success in building your world-class brand!
To your Brand Transformation,?
Dr. Jerome Joseph, CSP
Dr?Jerome Joseph ?is a Global Speaker, Brand Strategist, Best-selling Author, and Global Brand Thought Leader ranked No 2 in the World in 2020. He has worked with over 1000 brands in 35 countries over the past 24 years. Jerome is the CEO of?The Brand Theatre Worldwide ?a strategic Brand Consulting firm and?The Global Brand Academy ,?a corporate training firm focused on Brand outcomes.?
Check out Dr. Jerome's corporate training and brand consulting services @
www.jeromejoseph.com / www.thebrandtheatre.com / www.theglobalbrandacademy.com
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2 年Beneficial and applicable points. ?? Well Done. Value, value, and value. Brands without value propositions are nothing.