Category: Strategy

Unveiling the Future: Emerging Trends in Branding

In the dynamic realm of branding, staying ahead of the curve is crucial for businesses looking to make a lasting impact on their audience. As we navigate through the ever-evolving landscape of consumer preferences and technological advancements, it’s imperative to be attuned to the latest trends shaping the future of branding.

1. Beyond Visuals: Multi-Sensory Branding

In the age of immersive experiences, brands are moving beyond traditional visual elements. Engaging multiple senses – touch, sound, and even smell – is becoming a powerful tool for creating memorable brand experiences. From tactile packaging to signature sounds, companies are exploring new dimensions to establish a deeper connection with their audience.

2. Authenticity in the Spotlight: Purpose-Driven Branding

Consumers today crave authenticity and purpose. Brands that align with meaningful causes and demonstrate a genuine commitment to social and environmental responsibility are gaining prominence. It’s not just about selling a product; it’s about embodying a purpose that resonates with the values of the target audience.

3. Dynamic Brand Identities: Adaptive Logos and Flexible Designs

Static logos are making way for dynamic brand identities. With the increasing prevalence of digital platforms, brands are adopting adaptive logos that can transform based on the context. This flexibility ensures consistency across various mediums while allowing for creative expression.

4. Interactive Experiences: From Consumers to Co-Creators

The era of passive consumption is evolving into one of active participation. Brands are inviting consumers to be co-creators, involving them in the brand-building process. Whether through interactive campaigns or crowdsourced content, this trend fosters a sense of community and loyalty.

5. Data-Driven Personalization: Tailoring Experiences

In the age of big data, brands are leveraging consumer insights to deliver personalized experiences. From targeted marketing campaigns to customized product recommendations, data-driven strategies are reshaping how brands connect with individuals on a personal level.

Conclusion: Navigating the Future of Branding

As we embrace these emerging trends, it’s clear that the future of branding is dynamic and multifaceted. Brands that can seamlessly integrate multisensory experiences, authenticity, dynamic identities, interactivity, and data-driven personalization will stand out in an increasingly competitive landscape.

In a world where change is the only constant, staying abreast of these trends is not just an option, but a strategic necessity for brands aspiring to leave a lasting impression. The journey into the future of branding is an exciting one, filled with innovation, creativity, and the potential to forge deeper connections with audiences worldwide.

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Corporate Events – Still an Important Element of the Marketing Mix [Guest Post]

As marketing channels become increasingly fragmented, what of the tried and tested corporate event and its place within a promotional strategy?

As many executives now use webinars and conference calls for that direct, personal contact with potential and existing customers, it would be easy to jump to the wrong conclusion and think that corporate events have had their day. However, having important delegates under one roof, whether for a trade show or charity event, is still a valuable approach to customer relationship marketing. It’s not a case of the new, virtual versions taking the place of the real thing, rather how they can complement each other. Continue reading →

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Why Brands Turn-Back to Tune-In

There is an ever-growing trend towards “nostalgia,” hence the throwbacks from Pepsi, Mountain Dew, Doritos, Nike, candy companies, and prominently through the NFL this past season. As technology is moving us forward at warp-speed, the economy is in disarray, and the world seems to be filled with disaster, consumers want to feel safe and familiar again.

It’s time to turn-back to tune-in. People are looking for more ways to enjoy life again, simply. Families are finding the importance of sitting down to dinner (this time without cell-phones and remote controls), people are searching for vacation getaways where there is limited phone reception and internet, people want to learn about the past – hence sites like ancestry.com and the show ‘Who Do You Think You Are’ (in its second season).

Classic brands are taking note and tapping into this emotional yearning from consumers. Of course, this only works with brands that ‘we’ grew up with. With the use of throwback packaging, these brands are triggering consumers to think about the past and reminisce about the ‘good ‘ol days,’ even if it was just 10, 15 or 20 years ago.
Continue reading →

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Know and Avoid the Brand Identity Traps

In order to avoid possible mistakes in managing your brand there is a need to clarify and identify some of the main brand and branding terms.

When analyzing your current brand situation there are three elements that should be taken in consideration:

  • A. Where is your brand at the moment? – how’s your brand perceived by your audience. Where you stand in the eyes and minds of your stakeholders. This is your Brand Image.
  • B. Where do you want it to be? how do you want it to be perceived. There might be some surprises in making the differences between how you wish your brand to be perceived and how it is actually happening. And this is Brand Identity.
  • C. What are you communicating? What are you actually doing to move from point A to point B. What part of your brand identity you actually communicate to your audience. What is the value you communicate, how do you do it. How do you translate your identity into valuable propositions for your audience. And this is Brand Position.

We should keep in mind that the target audience for your brand should be either your current customers or potential new ones, your employees, your partners etc. You should carefully consider appropriate ways to communicate with each of them in order to have a message that converge to your brand identity.

Since you have to start with the final purpose in mind you should, first of all, correctly have a clear vision of what do you want your brand to be. How do you want it to be perceived? Defining a brand identity should be step one. In his “Building Strong Brands” book, David A. Aaker identifies four traps you can get into when you approach the development of the brand identity: Continue reading →

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Branding retailers in time of crisis

Deloitte released Top global retail trends for 2009 report. In terms of branding, the report has some interesting points:

In an era of slow growth, tight margins, and fckle consumers, the key to success is to differentiate. One critical element in successfully differentiating is communicating that difference to consumers. Hence, branding will require special attention from retailers who want to stand out from the crowd. 

Aside from specialty apparel and luxury retailers, branding has not always been seen as important for retailers—especially those that sell food and other mass products. Yet for these retailers, branding has never been more important. 

Today’s most successful retailers typically have one of two attributes. First, there are those with the most effcient supply chains, which translates into lowest costs and prices. However, there are those retailers that do not attempt to match low-price leaders and have succeeded by managing their brands and demonstrating to consumers why they are different.

Read all Deloitte reports on retail in 2009 here

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Brand Attack on the Ries’s Blog

Well seems that the topic I mentioned here just a little earlier, Brand Attack on the Rise, was took over as a main subject on brand guru Laura Ries’s Blog, in a post on how and when a brand shoul attack.

In general, the leader should never attack or name the competition. Instead the leader should promote the category. By attacking a competitor or responding to an attack ad, the leader only legitimizes the competition and the existence of a choice. Neither is good.

If under attack, a leader should instead address any problems with PR. Never with advertising. When Apple says consumers are frustrated with Vista in its advertising, Microsoft shouldn’t run ads saying everybody loves Vista.

That above, is just a quote. More, with examples and details on Ries’s blog here.

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Seven Branding Secrets

In today’s competitive business climate it is important to differentiate your brand. A sound investment is defining and communicating what is truly special about your business. Your brand will bring you the success of your business and financial results through loyal and happy customers. Your brand will tell the world why they would be crazy not to do business with you.

Here is an interesting list, Michele Schermerhorn President of Online Business Institute Inc. has put together:

  1. Know Your Customers Better Than You Know Yourself
  2. Understand Your Competitive Environment & Competitors
  3. Define Your Brand Personality
  4. Make A Brand Promise
  5. Define Your Brand Strategy
  6. Identify Your Branding Game Plan
  7. Be Consistent in Action

Now, the second point is not the most commonly use when setting-up such branding rules lists, but I find it very true and usefull: Continue reading →

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5 Rules to Establish and Maintain Brand Awareness

Despite the fact that the hot ways to enhance your brand involve new media, business branding basics are still in style. Branding success will depend on adapting to the rapidly evolving media environment and taking advantage of new opportunities to reach your target audience.

But, there are some branding constants that will remain critical for establishing and maintaining brand awareness with your target audience. Regardless of the medium chosen for distribution, you must: Continue reading →

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Reconciling Brand and Organizational Culture

Interesting article about the way organizational culture, business goodwill, branding and the law are interacting. Here is an excerpt:

Whether shaping the branding strategy of a start-up or optimizing the strategy of an established company, the key to maximizing goodwill is in closing the gap between organizational culture and organizational brand. Sometimes we see wonderful brands that resonate with the market, but are undermined by the internal culture as in the case of marketing an image of customer service, but having sales clerks who are untrained or unhelpful. In that case, the challenge is to correct the organizational culture over time to effectively support the brand. Typically this management issue can be resolved through a process of adjusting the focus of existing employees while working to make sure new employees match the needs of the evolving culture.

As consumers, we sometimes see a great company culture anchored to a lousy brand, what I call “the best kept secret” syndrome, such as finding a wonderful product in unattractive packaging. Typically, this marketing issue can be resolved by investing in creative communication services to more accurately share the story of the organization. In both reconciliation processes, there will be an investment of time, money, and emotion. These investments should be made with a strategy to leverage and protect that investment, which is where the intellectual property enters the picture.

Read full article in the Kevin E. Houchin’s Creativity and Law Blog.

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Brand – Key Factor For Customers When Choosing a Wireless Service

Brand and brand name is the key factor for customer when choosing a wireless service. What’s interesting in the J.D. Power and Associates 2006 Wireless Retail Sales Satisfaction StudySM whose Volume 2 was released today – is that the customers are increasingly influenced by the handset when selecting a wireless service.

While the summed importance of branding (of the carrier and the phone) in purchasing decision seems to remain constant at a total of 59% it is worth noticing that 19 percent of customers cite the type or brand of cell phone as a key factor during the initial process of selecting a wireless service, up from 11 percent in 2004. While the brand of wireless provider is still the most popular reason influencing the initial selection process, it has decreased significantly in importance, down 8 percentage points from 2004 to 40 percent in 2006.
Continue reading →

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