By M. Isi Eromosele
Your brand has to have a positioning strategy and everything
you do with regard to that brand must communicate it.
Brands are the most critical value-producing asset for your
business enterprise and they are the only true source of preference and
differentiation for your business from your competition.
As such, the starting point for the new paradigm enterprise
marketing management is to develop a deep understanding of your target
customers and architect your brands to secure strategic market positions that
will drive sustained profitability for your business.
Every brand that’s ever had great success has managed to
communicate its company’s core beliefs and attitudes - what the company stands
for to its target customers. Architect your brand to do the same for you.
Brands allow you to clearly define and communicate what you
stand for, whether you’re the lowest-cost provider, the most innovative, the
best total solution or the preferred choice. You've got to decide what your
brand stands for and communicate that value proposition effectively and
repeatedly.
Additionally, you need to maintain constant control over the
perception of your brand, because if you don’t, your competition will. The
brand should help customers navigate their way to your business even in the face of competing
enticements.
Under ideal circumstances, brand perception can even help
bring your customers back again and again to your door without them even
considering your competitors. Keeping a tight rein on your message ensures that
your competition doesn’t siphon off your customers.
Just as you can’t stand still and let the competition
over-whelm you, you also can’t spread yourself too thin and be all things to
all consumers. You cannot have a productive, profitable relationship with your
customers unless you bring clarity to what you stand for.
This applies to both your target customers and every other
player in your competitive set. Your brand is the focal point, the repository for both
the intrinsic and the extrinsic benefits associated with your offerings.
The Architecture Of A Brand
Like a human being, a brand has individual values, physical
features, personality, and character. Like a story, a brand has characters,
setting, and a plot. Like a friend, a brand offers a personal relationship with
customers, one that, in the best-case scenario evolves as they do.
Building brands, like marketing itself, is a science, not an
art.
A brand architecture, comparable to the architecture for a
building, lays out the key elements of your brand in detail and reveals
specific messages and important take-aways for the target audience.
A brand architecture can include emotional benefits,
functional benefits, physical benefits, product attributes, occasion
appropriateness, user imagery, and a variety of other intangibles.
The brand architecture represents the structural integrity
of your brand, delineating how it is built, how it works, and how the
components fit together to deliver meaningful benefits to the consumer.
A brand architecture, grounded in the science of
understanding why customers purchase and use products, provides direction about
which combination of specific emotional and functional benefits can generate
the greatest amount of customer purchase intent.
Once completed, a brand architecture produces a strategic
marketing framework visible to the entire organization. You can then use this
framework to begin communicating and delivering these benefits to your
customers.
Key Components Of A Brand Architecture
The key components of a brand architecture are its
foundational attributes (or product features), functional benefits, and
emotional benefits. You can determine the structure of a brand architecture by
focusing on the key purchase intent drivers - the attributes or benefits that
influence customers’ overall decisions to purchase or use a product.
Purchase intent drivers are often intangible qualities. Marketers
can measure these drivers by determining how much a given emotional benefit, functional
benefit or brand attribute drives a customer’s desire to purchase a brand in
ascertain competitive frame.
The most compelling purchase intent drivers often reflect
underlying emotional benefits associated with the competitive frame and the
brand. Differentiation purchase intent drivers are the benefits that begin to
positively separate you from the rest of the
competition. These are capabilities or equities that you
possess that others in the competitive set may not.
Preference drivers are benefits that can propel a brand to
category leadership. These benefits are crucial in the minds of customers as
they consider various brand alternatives in your competitive set.
These types of benefits represent significant points of
leverage with customers and can become the source of sustainable advantages.
M. Isi Eromosele is the President | Chief Executive Officer | Executive
Creative Director of Oseme Group - Oseme Creative | Oseme Consulting | Oseme Finance
Copyright Control © 2012 Oseme Group
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