The Undeniable Power And Benefits Of Brand Alignment
Lysle C. Wickersham
Brand & business strategists | Positioning startups, early-stage & SMEs for competitive advantage & sustainable success | Building performance, revenue, & equity value for 25+ years. | And trying to fix one ugly slice ??
In today’s hyper-competitive marketplaces, a powerful brand is one of the most valuable assets a company can possess. A brand with strong tangible and intangible equity commands premium pricing, fosters customer loyalty, attracts top talent, and enjoys a sustainable competitive advantage, among a myriad of other benefits. However, achieving true brand dominance hinges on an often-overlooked factor: alignment. Brand equity can’t be built without consistent and ongoing brand alignment. And equity is the brass ring—it’s where the money is buried. Brand equity is the leading driver of market performance and increased asset, enterprise, and shareholder value.?
Building brand equity takes consistency. It’s built by repeatedly presenting and reinforcing a brand’s image, personality, and value proposition over time to all constituents, internally and externally, and, of course, delivering on its brand promise. Did I say consistently and over time enough? Because they bear repeating. Building equity is a frequency over time equation.
To build brand equity, get aligned.
Brand alignment represents the synchronization and harmonization of every brand expression, engagement, and experience across all internal functions and external touchpoints to consistently reinforce the defined brand identity, its values, and its promise. Alignment is one of the single most important management tactics for building competitive advantage and long-term sustainable success.?
Being aligned requires unambiguous clarity of the brand's vision, personality, and value proposition—a brand’s proverbial stake in the ground, its sustainable commitment. Let’s break this down into steps (simplified here) to get to alignment because each strategic decision necessarily informs the next.?
First, it’s “what we are.” Establishing a foundation on which to build brand equity first requires aligning stakeholder objectives with clear market opportunity and competitive whitespace and shaping those conclusions into a competitively differentiated and compelling positioning. Know your audience, your market context, your core point of difference or value proposition, and the proof or support for that value prop. It all starts here.
Next, it’s “who we are and why we are.” Define the brand’s attributes to align with and leverage the positioning bringing the positioning to life. This is both a strategic and creative exercise. Attributes include, among other things, mission, values, purpose, brand pillars, brand architecture, messaging hierarchy, brand narratives, and full brand guidelines.
And then it’s “what we do.” Contrary to common misconceptions, a brand is not logos, colors, taglines, or design elements. These are brand extensions of a brand strategy. A brand is an experience; a collection of perceptions in the minds of those aware. And every experience reinforces the “what we are,” the "who we are,” and "why we are.” Every experience and every engagement must reinforce everything the brand stands for while fulfilling its promise. That requires focus, single-mindedness, consistency, and, most importantly, alignment.
Achieving brand alignment is an exercise in holism.
To truly reap the rewards of optimal brand alignment, apply a comprehensive, inside-out approach covering all internal and external dimensions of the brand’s experience. Here are seven critical areas you’ll want to align:
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The Payback
Aligning all these aspects of business is no small task, but the return on commitment (ROC) is undeniable. Apple is easily the biggest show-off when it comes to alignment and building equity value. Over $500B of its market cap comes from intangible equity. BrandFinance estimates Apple’s brand value alone to be 20% of its market capitalization. These are big numbers over its book value.
Get It Right And Dominate
The numbers are there. Alignment builds equity, and equity makes the cash register ring, increases enterprise value, reduces the cost of capital, and increases transaction multiples. These financial benefits are why we put our hearts and souls into building business in the first place. Shareholders demand it. While research companies tend to always use the big companies in these brand studies, make no mistake, large or small, B2B or B2C, the power and return on alignment apply to all businesses. The benefits will come.
Getting there requires an unrelenting commitment to establishing core, foundational positioning from which there will be no waver, clear brand values, and a commitment to brand management, recalibration, governance, and cross-functional alignment of purpose and objective.?
It requires brand-centric leadership, who gets it because building a brand-centric company is a philosophy, a way you run your business. It must be pushed from the top down. Leadership must empower brand leaders with a seat in the C-suite. Attaining and maintaining brand alignment must be championed as an organization-wide strategic, philosophical, and cultural priority—it is a 24/7/365, always-on commitment requiring sustained investment, diligence, and accountability.
Get aligned and build equity. The rewards are unparalleled—commanding premium positioning, unwavering customer loyalty, and a resilient competitive advantage. Yes, you want all that.
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Rant, pontificate, agree, or disagree, but please do opine. We’d love to hear your thoughts. If you found the article read-worthy, we’d be grateful for a like and a share with your community.
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4 个月Absolutely agree! Building and maintaining brand alignment is key to unlocking its true value and ensuring sustained success. Thanks for highlighting these crucial insights!
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4 个月As always, Lysle's deep reads are the best.
Business leader with global experience in marketing and communications. Tribe Global, Family Advertising, Panbride Associates and Kin search engine.
5 个月Great article. ??
CEO @ Maior | Driving Excellence in Professional Services Firms | Strategy, Operations, Growth, and Legal Background
5 个月Thoughtful article underscoring the importance of brand alignment in driving competitive advantage (read: revenue and profitability). One mistake I see often: Firms tend to add process reactively as things go wrong, and the focus slowly becomes mitigating risk instead of bringing unique value to employees and clients alike.?
Fractional Revenue Leader Winning Complex Sales Cycles | Fractional Chief Revenue Officer (fCRO) | fVP Sales | fVP Business Development | Cyclist
5 个月Love the stat strong brand-culture alignment see revenue growth rates 33% higher than their competitors. Truly shows the impact of brand alignment. Thanks for sharing.