BrandCoolMarketing.com

Services | Having unearthed the brand...reveal its finest angles in an elegant spotlight

General Branding
by Brad VanAuken

Read all about the General Branding below. When you've read enough, contact us to talk about how we can put these insights to work for you.

The Strongest Brands  |  The Quick Brand Health Assessment  |  Top Brands  |  Customer Loyalty Awards |  CMA 2004 Brand Metrics Study

The Strongest Brands

The strongest brands aren't created with a logo or a tag line. They aren't created with an advertising campaign. They aren't even created with a product or service. They begin with a compelling vision—a vision whose foundation is deep customer insight. The insight may be informed by personal experience, in-depth research, active listening, intuition, or one or more of many other paths to customer intimacy.

The strongest brands strive to understand cultural context, underlying values, hopes, anxieties, fears and other motivations. They also strive to understand self image, icons that evoke strong memories and feelings and other emotional stimuli. The most progressive organizations find ways to experience relevant contexts and situations with their customers.

The strongest brands are authentic and stand for something. They possess integrity. That is, they are internally and externally consistent; they are who they say they are.

The strongest brands have a distinctive and consistent ‘voice' and visual style. They weave compelling stories. And they strive to develop emotional connections to their intended customers.

The strongest brands transcend specific products, services and delivery vehicles. These brands are most closely associated with functional, emotional, experiential and self-expressive customer benefits. They exist to meet deeply felt human needs in unique and superior ways.

Is yours one of these brands? I hope that it is.

The Quick Brand Health Assessment (Or, you know your brand is winning in the marketplace when…)

  • The brand is mentioned to customers and potential customers, and they brim with enthusiasm in their response.
  • Your brand's external messages “ring true” with all employees.
  • Employees are enthusiastic and consistent in recounting what makes their brand special.
  • The brand's market share is increasing.
  • Competitors always mention your brand as a point of reference.
  • The press can't seem to write enough about your brand.
  • Your CEO has a strong vision for the organization and its brand. He or she talks more about the vision than financial targets.
  • Your organization's leaders always seem to “talk the brand” and “walk the brand talk.”

Top Brands

20,000 brands were evaluated against the following three foundational components of winning brands: (1) performance, (2) treatment and (3) community. Performance is measured by product trials, blind tests, etc. Treatment addresses whether the brand resolves customers' conflicts, adapts to their needs and is convenient for them. Community addresses whether people identify with other users and ‘feel a part of the club.'

The brands that best deliver against each foundational component (in rank order) are as follows:


Foundational Component

Top Brands

Performance

Toyota, Honda, Saturn, Michelin, Craftsman, eBay, Dell, Apple, MapQuest, Timex

Treatment

Wal-Mart, Saturn, Home Depot, Buick, Toyota, Allstate, Costco, Wells Fargo, Southwestern Bell, UPS

Community

Sam's Club, Saturn, Toyota, Wall Street Journal, Costco, NFL Monday Night Football, Honda, eBay, Apple, Wal-Mart

Source: Jaya Kumar, Senior Director, CRM, Kraft Foods, Inc., Innovation in Food & Beverage Marketing Conference, Toronto, Ontario, Canada, Tuesday, November 25, 2003.

The same study indicated that most brands fell short on the “community” component.


Customer Loyalty Awards

For the sixth year in a row, BrandKeys has assessed customer loyalty to brands across a number of product categories (31 in 2003). Following are the brands with the highest loyalty in select categories:

Category

Brand

Airline

Jet Blue/Southwest (tie)

Long Distance Carrier

Sprint/Verizon (tie)

Online Books/Music

Amazon.com

Online Brokerage

CharlesSchwab.com

Quick-Serve Food

Subway

Search Engine

Google.com

CMA 2004 Brand Metrics Study

Following are some key learnings from the recently published Canadian Marketing Association 2004 Brand Metrics Study:

Please rate the following statements for their fit with your company's definition of brand or brands: (% saying “high“ fit)

Brand is the holistic customer experience of product, service, and organization

73%

Brand is the communication-based representation of product or service

58%

Brand is everything that distinguishes us from our competition

55%

Brand is the visual identification of product or service

54%

Brand is the definition, the identity, the soul, the DNA of our company

54%

Brand is the delivery of product or service

47%

Brand is our company's products or series of products

37%

Brand is the execution of our business strategy

28%

© 2004 CMA Brand Metrics Study

For more information or to order your copy of the report, please go to http://www.the-cma.org/research/brandMetrics.cfm



how the world comes to love you