monona chamber of commerce fall seminar: how’s your brand working?

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HOWS YOUR BRAND WORKING? UNLEASH THE FULL POWER OF YOUR BRAND October 28, 2009 © 2009, Brand Insights LLC Nancy Resnick Alan Bergstrom

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How’s your Brand working? Unleash the Full Power of your Brand - Nancy Resnick and Alan Bergstrom, Brand Insights, Madison WI, spoke about famous companies that successfully deliver their brands and others that have failed due to poor brand management, plus, three keys to brand success that apply to organizations of all sizes.

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Page 1: Monona Chamber of Commerce Fall Seminar: How’s your brand working?

HOW’S YOUR BRAND WORKING?UNLEASH THE FULL POWER

OF YOUR BRAND

October 28, 2009

© 2009, Brand Insights LLC

Nancy Resnick

Alan Bergstrom

Page 2: Monona Chamber of Commerce Fall Seminar: How’s your brand working?

ABOUT US

We are a brand-centered consulting agency

focused on helping organizations “activate” and

unleash the full power their brand to improve

market success.

Our goal is to provide measureable and meaningful

impact on the organization’s bottom line.

We help organizations use their brand to discover

opportunities and deliver them in extraordinary

ways.2

© 2009, Brand Insights LLC

Page 3: Monona Chamber of Commerce Fall Seminar: How’s your brand working?

OVERVIEW

What is a brand?

Why brands are so important today

Keys to brand success

How does your brand compare?

Q & A

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© 2009, Brand Insights LLC

Page 4: Monona Chamber of Commerce Fall Seminar: How’s your brand working?

WHAT IS A BRAND?

A brand is the sum of experiences that a customer

has with your organization…good, bad, or indifferent

Very simply, a brand is about making a promise and keeping that promise, day-

in and day-out

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© 2009, Brand Insights LLC

Page 5: Monona Chamber of Commerce Fall Seminar: How’s your brand working?

WHAT IS A BRAND?

Brands live in the minds of your customers…

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© 2009, Brand Insights LLC

…how do they get there?

Page 6: Monona Chamber of Commerce Fall Seminar: How’s your brand working?

WHAT IS A BRAND?

You can influence how your brand is perceived…

delivering what you promise

does the product or service perform as stated?

favorable reputation

do customers speak highly and tell others about you?

customer encounters/experiences with your brand

is it what your customers expect?

is it consistent?

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© 2009, Brand Insights LLC

(Why would any organization leave that to chance?)

Page 7: Monona Chamber of Commerce Fall Seminar: How’s your brand working?

WHY BRANDS ARE SO IMPORTANT

When things are left to chance, the results can be

disastrous…

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© 2009, Brand Insights LLC

Broken brand promises

Page 8: Monona Chamber of Commerce Fall Seminar: How’s your brand working?

WHY BRANDS ARE SO IMPORTANT

When things are left to chance, the results can be

disastrous…

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© 2009, Brand Insights LLC

Lost customer relevance

Page 9: Monona Chamber of Commerce Fall Seminar: How’s your brand working?

WHY BRANDS ARE SO IMPORTANT

When things are left to chance, the results can be

disastrous…

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© 2009, Brand Insights LLC

Inconsistent brand delivery

Page 10: Monona Chamber of Commerce Fall Seminar: How’s your brand working?

WHY BRANDS ARE SO IMPORTANT

Other brands that lost focus and are now Bankrupt

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© 2009, Brand Insights LLC

Page 11: Monona Chamber of Commerce Fall Seminar: How’s your brand working?

WHY BRANDS ARE SO IMPORTANT

Other brands that lost focus and are now Bankrupt

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© 2009, Brand Insights LLC

Page 12: Monona Chamber of Commerce Fall Seminar: How’s your brand working?

KEYS TO BRAND SUCCESS

Some organizations that “get it” and are brand-

focused in all that they do—and they thrive

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© 2009, Brand Insights LLC

So, what do they know and do better than others?

Page 13: Monona Chamber of Commerce Fall Seminar: How’s your brand working?

KEYS TO BRAND SUCCESS

Organizations that survive (and thrive) know how

important their brand(s) are and how to manage

brand power…

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© 2009, Brand Insights LLC

they develop a unique and compelling point of

difference for their brand

they understand their customers’ needs and

maintain relevance through the brand

they ensure the brand’s promise is delivered

across all touchpoints

Page 14: Monona Chamber of Commerce Fall Seminar: How’s your brand working?

KEYS TO BRAND SUCCESS

They develop a unique and compelling point of

difference for their brand

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© 2009, Brand Insights LLC

• simple, user-friendly technology

• innovative, cutting-edge design

• “cool” factor

Page 15: Monona Chamber of Commerce Fall Seminar: How’s your brand working?

KEYS TO BRAND SUCCESS

They develop a unique and compelling point of

difference for their brand

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© 2009, Brand Insights LLC

Page 16: Monona Chamber of Commerce Fall Seminar: How’s your brand working?

HOW DOES YOUR BRAND COMPARE?

What’s your brand’s unique point of difference?

Is it compelling?

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© 2009, Brand Insights LLC

Page 17: Monona Chamber of Commerce Fall Seminar: How’s your brand working?

KEYS TO BRAND SUCCESS

They understand their customers’ needs and maintain

relevance

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© 2009, Brand Insights LLC

• low(est) prices, always

• friendly staff

• variety of choice, wide breadth of product categories

Page 18: Monona Chamber of Commerce Fall Seminar: How’s your brand working?

KEYS TO BRAND SUCCESS

They understand their customers’ needs and maintain

relevance

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© 2009, Brand Insights LLC

Page 19: Monona Chamber of Commerce Fall Seminar: How’s your brand working?

HOW DOES YOUR BRAND COMPARE?

How is your brand relevant to your customers?

Are the needs of your customers changing? How and why?

Do your customers have any unmet needs?

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© 2009, Brand Insights LLC

Page 20: Monona Chamber of Commerce Fall Seminar: How’s your brand working?

KEYS TO BRAND SUCCESS

They ensure the brand’s promise is delivered across

all touchpoints

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© 2009, Brand Insights LLC

• low fares, no hidden fees

• friendly, attentive customer service

• fun, relaxed, spirited travel experience

Page 21: Monona Chamber of Commerce Fall Seminar: How’s your brand working?

KEYS TO BRAND SUCCESS

They ensure the brand’s promise is delivered across

all touchpoints

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© 2009, Brand Insights LLC

Page 22: Monona Chamber of Commerce Fall Seminar: How’s your brand working?

HOW DOES YOUR BRAND COMPARE?

What is your brand’s promise?

What are your most important customer touchpoints?

Is your brand promise delivered consistently and deliberately across all touchpoints?

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© 2009, Brand Insights LLC

Page 23: Monona Chamber of Commerce Fall Seminar: How’s your brand working?

SUMMARY

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© 2009, Brand Insights LLC

People may not remember what you say, but

they will always remember how you made them feel

Three keys to brand success:

Develop a unique and compelling point of difference for your

brand

Understand your customers’ needs and maintain relevance

through the brand

Ensure your brand’s promise is delivered across all

touchpoints

Page 24: Monona Chamber of Commerce Fall Seminar: How’s your brand working?

QUESTIONS?

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© 2009, Brand Insights LLC

Alan Bergstrom

[email protected] Resnick

[email protected]

www.brandinsightsllc.com