In marketing
circles, I’m not sure there is a word or phrase more misunderstood or misused
than the word “brand.” So, in the next 90 seconds or so, let’s define what brand is and what it is
not.
Brand is what a
company does and how it sets itself apart from its competitors.
My favorite
example is Southwest Airlines. When other
airlines began charging passengers for luggage a few years ago, Southwest
launched an ad campaign. The campaign’s
message: We don’t charge you for bags. That message fit perfectly with the brand Southwest
smartly established and very effectively maintains: We are your low-cost, passenger-friendly
airline.
The
Southwest Airlines’ brand is not their multi-colored 737s. It is not their logo. In fact, at this very moment, I couldn’t even
tell you what the Southwest logo is.
Okay, I just checked it. Now, I
remember. But it’s not important that I
necessarily remember its logo. What is
important to Southwest is that I remember its brand—it is my low-cost,
passenger-friendly airline.
The very
common mistake is to think a company’s logo or its “mark” is the brand. The golden arches are not the McDonald’s
brand. The McDonald’s brand is serving
food quickly, consistently and inexpensively.
The BMW roundel is not its brand.
The BMW brand is the luxury automobile it builds and the things it does
to make that automobile different.
I talked to
someone a few months ago who said her company wanted to freshen up its
brand. It wanted a new logo to do
that. A new logo can sharpen a company’s
look or its image. And while there are
some advantages to creating a new logo, that won’t make the brand any
better. Or any fresher.
If you want
to improve your company’s brand, start by having heart-to-heart conversations
with customers. Here are three great
questions to get that ball rolling: What are we doing now that you like? What are we doing that you don’t like? What would you like us to do that we are not
doing now? Listen to their
feedback. Make changes accordingly. Add that new service. Or improve delivery times. Or change a
product line.
Do those
things and you just may improve your company’s brand.
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