Tuesday, August 2, 2016

Phrases that Sell



In creating brand copy, it is useful to be aware of words and phrases that sell. In a previous blog post, I listed some words that sell. 

Here are some phrases that sell: 

  • An exclusive assortment
  • From our exclusive collection
  • Collector's Edition
  • In a class by itself
  • A modern classic
  • Hand crafted
  • Bespoke quality
  • Locally grown
  • Easy on the eye
  • Handles the most difficult and complex situations
  • Made to order
  • Only from [us]
  • A bold new look
  • Understated elegance
  • Lots of bling
  • A refreshingly clean look
  • When you want to impress
  • Always appropriate
  • A [product] you will treasure
  • Here's the best part
  • Maintenance free
  • A dream come true
  • A once in a lifetime opportunity
  • Unleash your wild side
  • Why wait?
  • For those of you who just can't wait
  • Bring out your inner child
  • A delicious gift
  • Creating lasting memories
  • Perfectly enchanting
  • Available 24/7
  • It's an original
  • A rare piece
  • A world apart
  • Will stand the test of time
  • Be the first
  • In a completely different league
  • Designed for the sophisticate
  • Don't settle for the ordinary
  • Putting your mind at ease
  • What the insiders are buying
  • No two are exactly alike
  • Great for everyday wear
  • Highly versatile
  • Simply joyful
  • A true blockbuster
  • A turnkey operation
  • It is the NEXT thing

Monday, July 25, 2016

Exploring Retail



If you are the manager of a brand that sells at retail, you have likely studied the retail chains that carry your brand in great detail. You may also have access to store and chain-specific category management and shelf management reports. You probably also frequently conduct market and store tours.

But, just in case you are not totally familiar with the retail environments in which your brand sells, I would recommend that you visit the stores in which you brand sells and note each of the following aspects of the retail selling environment:

  • Is the store a stand-alone pad store, in a strip shopping center, in an enclosed shopping mall or in some other type of location?
  • What are the store's hours?
  • At what time are you visiting the store?
  • Is there adequate parking? Is the parking lot full, almost empty or somewhere in between?
  • What does the store entrance look like? What products are featured there? What signage is there?
  • Is music playing in the store? What type of music?
  • How big is the store (square footage)?
  • What is the general feeling of the store? Is it more like a warehouse or a quaint boutique?
  • Is there effective way finding in the store? Are product categories well marked?
  • How prominently are prices featured in the store?
  • Is there signage indicating price discounts? How prominent are those signs?
  • How is the store organized in general? How are the different product categories organized
  • What is the store's traffic pattern? Can shoppers explore the store in their own pattern or is the shopping path predetermined (as in Ikea)?
  • Are there convenience sections for quick purchase of staple items?
  • What products and brands are featured on the end caps?
  • What special merchandising sections exist?
  • Is there a "manager's favorite" section?
  • Where is your brand located in the store? Is it located in more than one place?
  • How many skus and shelf facings does your brand have? How does this compare to the competition? 
  • How many competitive brands does the store feature?
  • Does the store offer its own brand in your category?
  • How does your brand's range of products compare to that of the competition?
  • How do your brand's prices compare to those of the competition? Are they comparable, higher or lower? Does your brand offer a comparable range of prices or a wider or narrower range of prices?
  • Do you offer different sizes than the competition does? What is the reason for this?
  • Which products are in the "strike zone" (at eye level)? Which are merchandised up high on the top shelf? Which are merchandised down low on the bottom shelf?
  • Do some brands have stand alone merchandising? What are the features of that merchandising?
  • Which products and brands are featured in the seasonal aisle? 
  • What products and brands are merchandised at the check stands?
  • Are your products and brands merchandised adjacent to all of the logical complementary products?
  • In how many places in the store are your brand's products merchandised? How does this compare to competitive brands?
  • Are your brand's products well-stocked on the shelves?
  • Does your brand stand out vis-à-vis competitive brands?
  • Is it easy for the consumer to make sense of your brand's range of products and what makes each sku different from the other skus? 
  • Are store associates available throughout the store and in your brand's departments/aisles to answer customer questions?
  • Overall, do you believe your brand has a strong presence in the store, a weak presence in the store or something in between?
  • What one or two actions could be taken to increase your brand's chances of selling more successfully in the store?


For more information on brands and how to successfully manage them, purchase Brand Aid.

Thursday, July 21, 2016

Branding and Scarce Commodities



In today's world, time and money are often the scarcest commodities. People try to save time or money or both. Many people do not have enough of either. Others earn and have a lot of money but find time to be what they most lack in their lives. While others may have all of the time in the world but little money. How does this relate to brands and marketing? One must realize that people behave differently depending on what commodity is scarce in their lives.

I have written before about the four generic customer segments - convenience-driven consumers, price-driven consumers, brand loyal consumers and category enthusiasts. Often people are loyal to brands because they know their quality level and can count on them. Always choosing the same brand saves lots of time and effort. So, in a way, this is an approach that values time. Convenience-driven consumers shop for items that they need wherever they can find them regardless of price. While price-driven consumers will typically hunt for the lowest prices and will go out of their way to pay less. Category enthusiasts are less sensitive to time or money because they highly value the category itself and enjoy the time they devote to shopping for new products and brands in the category. However, depending on what is scarce in their lives, category enthusiasts can display some of the behaviors of convenience-driven, and especially price-driven consumers too. 

When you create your brand and establish its pricing and distribution strategies, you should be cognizant of what is scarce in its customer's lives.

Monday, July 18, 2016

Marketers Must Interact with Customers



We in the marketing community interact with each other a lot. We have our own language and our own issues. Advertising people move from agency to agency. And marketing people move from company to company. We attend the same conferences. And we are concerned about the same latest technologies and marketing techniques. 

This is reason enough to get out of our marketing "box" and spend some time with our customers. The other more important reason is so that we do not lose touch with the people to whom we are marketing.

Many companies require their marketing people to spend a few months to a year as salespeople before assuming marketing roles. Some companies require their marketers to monitor customer service calls several times a year. Some require marketing people to work on the front lines in customer facing positions at least a couple times a year. Other companies have required their marketing employees to role play the lives of some of their customers. Some research projects require anthropological research in which the marketer must observe customers as they purchase and use the brand's products. Harley-Davidson executives ride in HOG Rallies with their customers and then debrief what they saw and heard back at the office after the HOG rallies. One research technique for children and young adults is to ask them to take pictures of whatever they want in their lives for a period of time and then submit those pictures to the marketers to sort through and analyze. 

The point of all of this is to stay close to your customers and their lives so that you can understand and even anticipate their needs. This is an essential role of every successful marketer.

Saturday, July 16, 2016

Brands and Expertise



One way for a brand to win in the marketplace is to be an expert on a particular topic or on behalf of a specific customer group. In this way, the brand becomes the first one the target market thinks of associated with a particular product category or need. 

Following are examples of expert retail brands:

  • Bass Pro Shops - fishing
  • Orvis - fly fishing
  • Michaels - arts and crafts
  • West Marine - boating supplies
  • DXL DestinationXL - clothing for big and tall men
  • Lane Bryant - plus size clothing for women
  • lululemon - athletic clothes for yoga
  • TYR - competitive swimwear
  • Spencers - novelty items for teenagers
  • Adventure Scuba - scuba diving equipment
  • Light Bulbs Unlimited - light bulbs

There are many more local examples of very specialized retail stores. This specialization allows a brand to become the first that comes to mind associated with a particular customer need or product category. It also allows the brand to anticipate and even lead customer needs within the category. Expertise and focus is one way to create relevant brand differentiation.

Brand Equity Measurement 101


What is brand equity measurement and how can it help your brand? First, let me start by saying that marketing professionals still have different definitions of brand equity and therefore brand equity measurement. If one defines brand equity as the value that a brand adds to the branded product, service or organization itself, then we have a broad understanding of brand equity. Common brand equity measures include brand awareness and a brand’s perceived relevant differentiation. Most models include these two metrics. Other common metrics include a brand’s market share, the price premium that the brand can command over unbranded products in the same category and customer loyalty to the brand.

Models can be super-simplistic, such as the popular Net Promoter Score, which only measures one thing – attitudinal loyalty to the brand – with one question, the likelihood of recommending the brand to a friend or colleague. Or they can be comprehensive, such as our BrandInsistence brand equity measurement system, which measures over 90 brand equity components (including two different attitudinal brand loyalty questions). Most brand equity measurement systems are somewhere in between these two extremes.

Our BrandInsistence system has as its underpinning the five drivers of customer brand insistence – awareness, relevant differentiation, value, accessibility and emotional connection. But it also measures the importance of and brand delivery against up to 24 brand or category benefits or shared values. The benefits can be functional, experiential, emotional or self-expressive. It also measures top-of-mind brand associations (the brand is owned in the mind of the customer) and top-of-mind brand differentiators. And brand loyalty and brand vitality and up to 30 different brand personality attributes. We have four standard emotional connection measures, which move from mild emotional connection to deep emotional connection. But we can go much deeper with an ancillary product that can map your brand against hundreds of personality attributes and emotions.

Brand equity systems should be used to achieve the following on behalf of your brand:
  • Create a baseline brand equity measurement for your brand so that you can measure the impact of your brand management activities on the brand over time
  • Provide the information that populates the brand scorecard
  • Identify the brand’s strengths, weaknesses, vulnerabilities and threats, including brand positioning vulnerabilities and threats
  • Identify competitive brands’ strengths, weaknesses, opportunities and threats
  • Identify advantageous brand (re)positioning opportunities (for your brand and competitive brands)
  • Measure the impact of specific brand enhancing programs or campaigns
  • Measure progress made by the brand over time
  • Validate the value of your brand to the leadership team of your organization

Here are some examples of how people have used our BrandInsistence brand equity measurement system to strengthen their brands:
  • One client discovered that they had a value and price perception problem. They took corrective action and then remeasured the brand equity, which increased substantially after the corrective action.
  • Another client discovered that they were doing everything very well and that the people familiar with their brand loved the brand and were very loyal but that their major problem was extremely low brand awareness based on very low market penetration. After taking corrective action, sales of their brand skyrocketed.
  • Another brand discovered that a recent extension of their brand into a new market to increase sales turned their traditional customers off and that their loyalty was decreasing substantially. Based on this, we recommended a new business model to the client.
  • Another client whose brand was in rapid decline discovered new product and service areas through which their brand could become relevant and compelling to its target audience again. When it implemented these changes, it saved the brand and its organization. Based this project’s outcome, key members of the organization’s leadership team were promoted.
  • Another brand discovered that its brand perceptions were incongruent with the perceptions of its primary distribution channels. By changing distribution channels, its sales began to soar.
  • Another brand discovered that the consumer was completely confused about the brand and the benefits that it delivers because of some very confusing brand cues from product packaging. Based on this insight, it is revising its brand’s promise, redesigning the brand’s product packaging and identifying the customer segments that are most likely to highly value this repositioned brand.
  • One client discovered a competitor’s brand positioning vulnerability and was able to successfully reposition the competitor in a negative light, creating a share shift to their brand.
  • Finally, one client discovered that it was inferior in almost all aspects of its brand equity and especially in the delivery of its products and services vis-a-vis its competitors. Based on this, it re-engineered its business model and is preparing to be acquired. 


You might also want to read this post on brand equity measurement. And if you are interested in learning more about how we can help you measure and manage your brand's equity, please contact us at vanauken@brandforward.com. 

Thursday, July 14, 2016

Identifying & Crafting Brand Triggers



We are offering a new service - helping brands identify and craft brand triggers. Let's start with what brand triggers are. They are stimuli (visual, auditory, olfactory, etc.) that encode and decode a specific brand into and out of the the human brain. 

First we start by understanding which triggers are currently associated with the brand. This is done by presenting a large number of different stimuli to customers and potential customers from different market segments to determine which are most strongly linked with the brand in question. We then ask the brand manager to identify which triggers they would like to associate with the brand. We then develop a plan to (in some cases create and) link the new triggers to the brand. 

Let's use a zoo brand as an example. We may find through research that people associate the following with zoos - elephants, giraffes, lions, peacocks, sea lions, penguins, flamingos, animals in cages, cotton candy, popcorn, the smell of animal feces, hay, bright sunny weekend outings with the family, petting goats, riding ponies, a lion's roar, etc.

What if the zoo's brand manager likes the animal associations/triggers but does not like the animals in cages or the smell of animal feces associations/triggers. And what if the brand manager wants to add triggers associated with animal conservation, species survival, habitat conservation, animal science summer camp, marine biology field trips, animal intelligence, animal behavior, genetics, reproduction and other more scientific or otherwise complex topics. What visual, auditory and other triggers could be associated with these? And can one create brand associations that are triggered by frequent everyday events?

Through an ideation process we can identify and link certain triggers frequently encountered in everyday life with these key intended associations for the zoo brand in question. In this way, we are methodically building the most advantageous brand association maps in people's minds. 

This may seem strange, but what if we could get people to think about the zoo brand every time they encounter dog feces on the ground or cat feces in a litter box (rather than trying to sever this association)? And what if we transformed that trigger/association into something educational (e.g. diet or ecological interdependencies) or otherwise positive? Certainly, this would significantly increase the occurrence of brand recall on an everyday basis. 

Or what if we did something crazy like give zoo donors pink flamingos to put in their yards to  indicate that they supported the zoo while strengthening that association and making it much more prevalent throughout the community?

The whole point of this blog post is to indicate that we can and should carefully mange brand triggers. Very few brand managers do this, but the ones that do achieve uncommon success.