by Karon Thackston © 2001
http://www.ktamarketing.com
When you say the word "branding", most
people think USP (unique selling proposition).
However a USP is far from the equivalent
of a brand as we're about to find out.
What is branding? Is it just for "big
boys"? And how the heck do you create
one, anyway?
Rob Frankel (http://www.robfrankel.com)
has been called "the best branding expert
on the planet" and is author of "The Revenge
of Brand X: How to Build Big Time Brand™
on the Web or Anywhere Else", (available
at http://www.revengeofbrandx.com).
He now shares some insights with us that
will shed a little light on the branding
mystery.
KARON: Thanks for your time, Rob. I know
your schedule is packed.
ROB: You're welcome!
KARON: Well, let's start with the basics...
everyone in the world has heard the term
branding but it is still widely misunderstood.
What is the basis of branding and - more
importantly - why should a business care
about it?
ROBFRANKEL: Branding is THE most misunderstood
aspect of marketing. Here's the best example
I can give. Just as you're more than a
simple name and a face, a business is
more than a name and a product. So a brand
is as much the way you do things as what
you do.
A business should care about it, because
THAT'S the stuff that inspires loyalty
and motivates people to evangelize the
brand. That's where the money is, in more
ways than you can imagine.
KARON: So for those who think branding
is coming up with a USP and just plastering
it all over everywhere... what would you
say?
ROB: A couple of things: First, my own
branding (Big Time Branding) is not about
a USP at all. It's about a UBP... Unique
Buying Proposition. THAT'S the problem
with almost all brands -- they concentrate
on what they have to sell instead of why
people want to buy. Also, many confuse
branding with advertising and PR. That's
because old ad hacks try to pass themselves
off as branding people. Fact is, "First
you build the brand, then you raise its
awareness."
The brand happens long before either
advertising or PR... internally and externally.
KARON: Just like I might wear the same
jeans and t-shirt as another woman but
I'm very different inside. It's that difference
that makes the brand.
ROB: Branding goes down to the core.
In fact, I have a Ubiquitous Brand Test
in my book: "Are we doing it the COMANY
NAME way?" If the answer is no, you're
not branded.
Here's another example: Can I send you
$100,000 in cash?
KARON: Well of course you can!
ROB: I'd like to overnight it to you.
Is that okay?
KARON: Sure it is!
ROB: Okay, but you have to pay for the
shipping... you want me to send it US
Post Office or FEDEX or what?
KARON: FEDEX
ROB: Most people say FEDEX... and rightly
so. Because FEDEX has a brand image that
communicates how they won't let the businessman
down. And most people will gladly pay
$15 more for the exact same service, even
though they're basically the same. That
$15 difference is pure branding profit.
KARON: Good Point! Now let me ask you
this... how do you respond to the statement
that branding is just for the big boys?
ROB: JUST THE OPPOSITE!!!! The less money
you have, the stronger your brand has
to be, because you rely more on your users
evangelizing for you. The big boys have
the WORST brands because they tend to
buy their way out of their problems.
KARON: So, as small business owners,
we have to have the complete package -
we have to have it all together for our
branding to "work"?
ROB: Of course. Remember, that the point
of Big Time Branding is to "turn users
into evangelists for your brand". Otherwise,
what's the point?
KARON: So how do we do that? I realize
it's a process and not a 2-step "thing",
but give those that have done little or
nothing with branding a starting point.
ROB: The problem is that branding has
to be done from the outside in, because
that's who the brand is for -- people
who DON'T know you. Most business owners
are too focused on what they've got to
sell, not on how they can be "the best
solution to other people's problems."
KARON: Boy do I agree 100% with you on
that!! With copywriting (my specialty)
it's the same way! If you don't know your
target audience - can't really get inside
their minds - your copy will just be a
list of nicely worded facts.
ROB: Exactly!
KARON: OK... then tell me this... What
is the most widely made mistake when trying
to brand yourself or your product?
ROB: The most common mistake is not heeding
the Prime Directive: "Branding is not
about getting your prospects to choose
you over your competition; it's about
getting your prospects to see you as the
only solution to their problem."
KARON: Amen to that!!
ROB: They just keep cutting their prices
and thinking it's a sales or advertising
issue. They keep looking in the wrong
places.
KARON: And we know for a fact it is not
pricing. That's why people pay $15 more
for FEDEX. That's why people pay $68 for
Liz Claiborne jeans instead of $25 for
Lee.
ROB: Got that right!
KARON: Wow! Some good info here, Rob.
I appreciate it very much. Well, any closing
words of wisdom?
ROB: I would add that everyone out there
is constantly selling, selling, selling.
Big Time Brands know that while advertising
grabs their minds, branding grabs their
hearts. People invest their non-rational
loyalties into brands that help them.
Make a hero out of your user and you'll
turn them into brand evangelists.
KARON: And since "most buying decisions
are emotional", you have to hit 'em where
they live :-)
ROB: Yeah, it's okay to build a business
strategy where part of it is to have people
like you!
****** Also, here's a Business Essentials
Subscriber Freebie... you can visit http://www.RobFrankel.com/frankelaws.html
for some inside information straight from
Rob's book "The Revenge of Brand X".
Most buying decisions are emotional.
Your ad copy should be, too! Karon is
Owner and President of KT & Associates
who offers targeted copywriting, copy
editing & ezine article services. Subscribe
to KT & Associates' Ezine "Business Essentials"
at
join-businessessentials@lyris1.listenvoy.com
or visit her site at http://www.ktamarketing.com.