Posts Tagged ‘advertisement’

Branding – Branding is a balancing act

by Laura Lowell on October 5, 2009

balancing actAll too often companies find themselves with a brilliant strategy – on paper at least. When they try to implement the strategy, they run into obstacles such as channels, partners, technology, infrastructure, competition, or lack of resources. The reverse is also true. Companies can spend so much time executing that they lose sight of the business objective. They might end up with an awesome website, but no real results.

Effective brands, that is, brands that deliver on their promise and help companies sell more stuff, are those that find the right balance between strategy and tactics, between images and words, between effect and affect.  Every brand is made up of several different components:  visuals, messages, voice, and personality, for example.  Each of these is integrated into specific deliverables like a company logo or tagline or photographic style.  The trick is to find the right combination and then apply them consistently throughout everything you do.

It starts with strategy – how will you achieve your objectives?  Depending on your brand promise some strategies are going to be more effective than others.  For example, you probably won’t see Nascar investing in “environmentally-friendly” campaigns; you would expect it from Starbucks. There are lots of different ways to achieve your objectives.  Make sure that your strategies align with your brand promise and that you can actually implement them.  This is what I call the “duh” test.  Run the strategies by a colleague, friend or spouse and see what they think.  If they ask you a question and your reaction is “duh”…you might want to rethink the strategy.

Next come the tactics – what exactly will you do to implement the strategy?  If your strategy was to grow your market share by expanding into new markets, a tactic might be to partner with a complementary brand in the new market to jump start your brand recognition.  This might require a joint email campaign, billboards and local ads on radio and TV.  The key is to align the tactics with the strategy so that everything is in support of the brand.  Otherwise, you end with a lot of random activities – all of them are probably pretty cool on their own – but together they don’t deliver.

To be valuable, strategy must be practical, and tactics must be integrated. With the right balance of strategy and tactics, your brand will grow and so will your business

How Social Media is changing Marketing

by Deepika Bajaj on July 3, 2009

socialmediawagonIt is important to understand what is going on here. There is a real shift underway. Building your brand through traditional tools and trends need a closer look. Are they making you vulnerable? Are they making you a stronger business?

Speed of change is HIGH. Advertising has been moving online and is becoming less effective. The payouts of online advertisement are declining. It is harder to justify marketing budgets and ROI for online advertising.

Here are some current trends:

Trend #1 Balance of Power
There has been a big power shift and today consumer has unparalleled power.

Trend #2 Emerging Marketing opportunity
More intimate customer relationship marketing is possible.

Trend #3 New Technique to build brand identity
You can shape your brand identity through response to social market. Transperancy and humility are rewarded. Authenticity is identity.

Every marketeer is now struggling with the following questions:

Should we be on FB?
Do we start a blog?
Do we offer everything for free?
Why aren’t we tweeting?

There are a lot of people who know what is social media BUT are not sure how to use it. Social Media is focused on the long tail so it is customized for easy adaptation by consumers. For marketeers to use it effectively, they need to demonstrate leadership in using social media. They need to develop social leadership strategy that delivers desired outcome and meets their business objectives.

All day I read articles, blogs, case studies about brands that tried something — usually — missed the boat, and are now enjoying the not always positive feedback we are all so ready to give. But then again, every once and a while a company comes along and really hits the nail on the head.

The Nature Conservancy leverages Facebook and Digg for cause marketing: How TNC raised nearly $75,000 through Facebook Causes and a partnership with Lil Green Patch, a popular Facebook application. The group has also built significant brand awareness through the social news site Digg! (As reported by Jonathon Colman of TNC, September 29, 2008).

So why bother with social media?

I meet with a lot of companies, and almost always I am asked to “give an example of how a company has increased their bottom-line with social media.” Well, now, in addition to my usual spiel of stats, graphs, etc., I can also hand case studies. What it comes down to is any company can find success with a social media strategy; they just need to have the right goal in place. They need to understand where their audience is hanging out, and get in there with a good story … start passing it around. The rest usually takes care of itself.


DD_headshot Contributed by Deepika Bajaj, President and Founder, Invincibelle, LLC. Invincibelle helps women who live and work in a multicultural world to accelerate their professional growth. You can follow Deepika on Twitter at invincibelle.