How Brand Leaders can get great Advertising: the ABC’s of Good Copy

BBI Learning LogoMaking great advertising is very hard.  Good marketers make it look simple, but they have good solid training and likely some good solid experience.  As Brand Leaders sit in the room, looking at new advertising ideas, most are ill-prepared as to how to judge what makes good advertising and what makes bad.  It’s a myth that great marketing is learned strictly “on the job”.  I also say “you are likely to screw up your first five ads”.  ANd if you do one a year, that’s 5 years of advertising.  So, how well prepared are you?  An ill prepared Brand Leader will more than likely deliver a poor ad.  There are fundamentals to help ensure that your instincts are the right instincts.  How many hours of training have you had on giving direction to a creative team?   How many times did you role-play giving feedback to the agency?  How good was the coaching you received on your feedback?  Not only do you need the fundamentals through solid training, but you likely need someone coaching you through a role-playing exercise.

How will you show up?  Are you ready?  Or will you just be another brilliant Brand Leader who can’t seem to make a great ad on their own brand?

Too many Brand Leaders sit there confused, brief in hand, but not sure whether they like it or not sure whether any of the scripts will do much for them.  The four questions you should be asking:

    • Will this ad attract Attention? (A)
    • Does this ad showcase the Brand? (B)
    • Are we Communicating our main benefit?  (C)
    • Will this ad stick in the minds of consumers? (S)

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The ABC’S of Advertising 

Here’s a potential tool you can take into the room that is very easy to follow along.  You want to make sure that your ad delivers on the ABC’S which means it attracts  Attention, it’s about the Brand, it Communicates the brand story and Sticks in the consumers mind.  

  • Attention:  You have to get noticed in a crowded world of advertising.  Consumers see 6000 ads per day, and will likely only engage in a few.  If your brand doesn’t draw attention naturally, then you’ll have to force it into the limelight.
  • Branding:  Ads that tell the story of the relationship between the consumer and the brand will link best.  Even more powerful are ads that are from the consumers view of the brand.  It’s not how much branding there is, but how close the brand fits to the climax of the ad.
  • Communication:  Tapping into the truths of the consumer and the brand, helps you to tell the brand’s life story. Keep your story easy to understand. Communication is not just about what you say, but how you say it—because that says just as much.
  • Stickiness:  Sticky ads help to build a consistent brand/consumer experience over time.   In the end, brands are really about “consistency” of the promise you want to own.  Brands have exist in the minds of the consumer. 
Attention

Buying media and putting something on air does not attract attention for your ad.  Why would consumers want to listen to what you have to say.  You have to EARN the consumers’ attention.  The best way to grab Attention is to take a risk and do something not done before. Here are the 5 ways to attract attention.

  1. Be Incongruent:  This is a great technique to get noticed is by being a bit off kilter or different from what they are watching.  A lot of brand leaders are afraid of this, because they feel it exposes them.  Avoid being like “wallpaper”   If you want a high score on “made the brand seem different”, it starts with acting different.   kitkat
  2. Resonate:  Connect with the consumer in the true way that they see themselves or their truth about how they interact with the brand.
  3. Entertain them:  Strike the consumers emotional cord, by making them laugh, make them cry, or make them tingle.  From the consumers view—they interact with media to be entertained—so entertain them.
  4. The Evolution of the Art of Being Different:  As much as Movies,  TV music continues to evolve, so do ads. As much as your art has to express your strategy, it needs to reflect the trends of society to capture their attention.  Albino fruit flies mate at twice the rate of normal fruit flies.  Be an albino fruit fly!!!
  5. Location Based:  Be where Your consumers are open and willing to listen.  The Media choice really does impact attention.  Make sure your creative makes the most of that media choice.  
Branding

There is an old advertising saying “half of all advertising is wasted, but we aren’t sure which half”.  Coincidently, the average brand link is 50%.  Our goal should always be to get higher.  The best Branding comes when you connect the Brand to the Climax of the ad.   It’s not about how much branding or how early the branding arrives.  

  1. Be Part of the Story:  in the spirit of big ideas, how do you tell a story, using your brand.  It’s not how much branding you use, but rather how closely connected the brand to the climax of your ad.
  2. Is it the Truth:  It sounds funny, but if there is a disconnect between what you say, and what you are….then the brand link won’t be there.  People will discard the ad.
  3. Own the Idea Area:  Be a bit different—make sure that what you do sets you apart from anyone else. 
  4. Repeat:  don’t be afraid of building your brand—and the simplest way to get branding is to repeat and repeat and repeat.
Communication

Communicating is about selling.  Keep in mind, communication is not what is said, but what is heard.  The best way to Communicate is through Story Telling that involves the brand.  The modern-day world of the internet allows richness in story telling.  

  1. Start a Dialogue:  If you can do a good job in connecting with the consumer, the branding idea can be a catalyst that enables you to converse with your consumer.
  2. What are you Selling?  You have to keep it simple—you only have 29 seconds to sell the truth.  Focus on one message…keep asking yourself “what are we selling”.drill
  3. Powerful Expression:  try to find one key visual that can express what you are selling.  This visual can be leveraged throughout
  4. Find Your “More Cheese”:  Many times its so obvious what people want, but we just can’t see it or articulate it. 
  5. Sell the Solution—not the Problem:  Brands get so wrapped up in demonstrating the problem, when really it is the solution that consumers want to buy. 
Stickiness

We all want our ads to stick.  You need to adopt a mindset of “will this idea last for 5 years”.  The Best way to Stick is to have an idea that is big enough.  You should sit there and say is this a big idea or just an ad?

  1. Dominant Characteristic:  things that are memorable have something that dominates your mind (e.g.:  the red-head kid)
  2. How Big Is the Idea?  Its proven that a gold-fish will get bigger with a bigger bowl.  The same for ideas.
  3. Telling Stories:   While visuals are key to communicating, in the end people remember stories—that’s how we are brought up—with ideas and morals that are designed to stick. 
  4. Always Add A Penny:  With each execution, you have a chance to add something to the branding idea.  Avoid duplicating what you’ve done…and try to stretch as much as you can. 
  5. Know Your Assets:  There has to be something in your ad that sticks.  Know what that is and then use it, in new executions or in other parts of the marketing mix.

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If you don’t love the work, how do you expect your consumer to love your Brand

 

To see a training presentation on Get Better Advertising: 

If you are in the mood to see stories on great advertising, here’s a few other stories:

 

email-Logo copyABOUT BELOVED BRANDS INC.:  At Beloved Brands, we are only focused on making brands better and making brand leaders better.Our motivation is that we love knowing we were part of helping someone to unleash their full potential.  We promise to challenge you to Think Different.  We believe the thinking that got you here, will not get you where you want to go.  grOur President and Chief Marketing Officer, Graham Robertson is a brand leader at heart, who loves everything about brands.  He comes with 20 years of experience at companies such as Johnson and Johnson, Pfizer Consumer, General Mills and Coke, where he was always able to find and drive growth.  Graham has won numerous new product and advertising awards. Graham brings his experience to your table, strong on leadership and facilitation at very high levels and training of Brand Leaders around the world.  To reach out directly, email me at graham.robertson@beloved-brands.com or follow on Twitter @grayrobertson1

 

At Beloved Brands, we love to see Brand Leaders reach their full potential.  Here are the most popular article “How to” articles.  We can offer specific training programs dedicated to each topic.  Click on any of these most read articles:

Ask Beloved Brands to help you with your advertising or ask how we can help train you to be a better brand leader.
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Be a Better Brand Leader by saying “Let’s cut to the Chase” more often

Brand LeadershipCut to the Chase and Avoid the Brand Spin

Stop being that brand that keeps spinning and gets nothing done.  Within most brand portfolios, there are those problem brands that just seem to spiral downward out of control.  They spin, and spin and spin.  Nothing gets done.  Decisions don’t get made.  They try something.  It doesn’t work immediately.  So they change course.  And spin some more.  Everyone thinks they have the answer, but no-one shares the same answer.  And more spin.

What’s missing is a leader who will stand up to everyone on the team say “LET’S CUT TO THE CHASE”

Cut to the Chase with the The 40/70 Rule

I love the Colin Powell rule that when you are facing a tough decision, you need at least 40% of the information, but oddly enough, you should make the decision with no more than 70%.  Once you’re in that 40-70% zone, go with your gut and make the decision.  

If you make a decision with less than 40% of the information, you are shooting from the hip and you will make too many mistakes. The 70% part of the decision-making rule is what surprises many Brand Leaders. They often think that they need more than seventy percent of the information before they can make a decision. A lot of Brand Leaders want as much data as they can.  Many times they hope the data will make the decision for them.  But if you want the data to make the decision, then why do we need you in the Brand Leader role?   Why don’t we just put the Market Research person in your job?  We could pay them less and just go with the data output from the research 100% of the time.

But, in a highly competitive market, if you wait to get more than seventy percent, then the opportunity has usually passed and someone else has beaten you to the punch. A key element that supports Powell’s rule is the notion that intuition is what separates the great leaders from the average ones. Intuition is what allows us to make tough decisions, but many of us ignore our gut.  Relying on too much information can stiffen a leader, paralyzing the team to seek out more data.   They become afraid to make decisions.  Always keep in mind that marketing is half science and half art.  Don’t forget about the art.  People who want certainty in their decisions end up working for other people, not leading.

So, next time you feel your team has 40-70% of the information say “LET’S CUT TO THE CHASE” and see if you can push them to making the best decision they can make.  

Cut to the Chase with Tough Questions

One of the big spin factors is lack of alignment. Everyone at the table has their own view of what needs to be done.  The team ends up paralyzed with indecision.  A team moving together towards a common strategy, even if it is only a pretty good strategy, is much smarter than a team moving in three directions, with each thinking they have an amazing strategy.

Align first on the Key Issues of the Brand. In terms of analysis, there are so many ways to do it but my preference is to use a force-field analysis of Drivers and Inhibitors. Basically, drivers are what is pushing the brand and inhibitors is what’s holding it back. These are happening NOW.  Then add in the a future looking analysis of Risks and Opportunities.  These could happen in the future.  The simplicity of this analysis helps the next stage of your brand plan, and set up the Key Issues which are focused on finding ways to continue/enhance the growth drivers, minimize or reverse the inhibitors, avoid the risks and take advantage of the opportunities.

Here’s an example of How to do a Key Issues Deck.  This is something I do with clients all the time and after a 1 or 2 day session, they can feel they are aligned.

 

Ask the Tough Questions of the team.  Tough questions make a team pause and start thinking instead of just doing.  I always frame the Key Issues in question form, believing the answers to those questions become the strategy.  But I believe that 90% of your effort should go into asking the big challenging questions that startle and yet motivate the team.  The better the question you ask, the better the strategy.   For instance, if I wanted to lose a few pounds, I could ask the question: “how can I lose weight?” which is not really a good enough question to generate rich insightful strategies.   But if I were to ask a better question: “what exercise program would help me successfully lose 10 pounds and work with my busy life?” all of a sudden better strategies start coming to the surface.  

Use these tough questions that force tough solutions by saying to your team: “LET’S CUT TO THE CHASE”

Cut to the Chase and Find Your Difference

Part of the spin zone brands go through is they never find their own point of difference.  They over-react to what competitors are doing, copying them hoping to neutralize what advantage they have.  But by trying to be everything that the competitor is doing, they end being nothing really.   USP 2.0

The most Beloved Brands are either better, different or cheaper.  Or else not around for very long.  in a crowded market, it’s really hard to be genuinely be significantly better.  And unless your entire company is set up to be more efficient than everyone else, it really leaves different.   But as you push for being different, you want to be smart and different.  Use this venn diagram to brainstorm points of difference.   

Then challenge the team to find their Good and Different.  Use the very simple map below to see where your ideas fall. 

good-vs-different

  • Good But Not Different:  These do very well in tests mainly because consumers have seen it before and check the right boxes in research.   In market, it gets off to a pretty good start—since it still seems so familiar.   However, once challenged in the market by a competitor, it falters because people start to realize it is no different at all.  So they go back to their usual brand and your launch starts to go flat.  This option offers limited potential.
  • Good But Different:  These don’t always test well:  consumers don’t really know what to make of it.   Even after launched, it takes time to gain momentum, having to explain the story with potential investment and effort to really make the difference come to life.  But once consumers start to see the differences and how it meets their needs, they equate different with “good”.   It begins to gain share and generates profits for the brand.   This option offers long-term sustainability.
  • Not Good and Not Different:  These are the safest of safe.  Go back into the R&D lab and pick the best one you have–even if it’s not very good.   The tallest of midgets.  They do pretty well in test because of the familiarity.   In market, it gets off to a pretty good start, because it looks the same as what’s already in the market.  But pretty soon, consumers realize that it’s the same but even worse, so it fails dramatically.   What appears safe is actually highly risky.  You should have followed your instincts and not launched.  This option is a boring failure.
  • Different but Not that Good:  Sometimes we get focused on the product first:  it offers superior technology, but not really meeting an unmet need.  So we launch what is different for the sake of being different.  It does poorly in testing.  Everyone along the way wonders why we are launching.   But in the end, consumers don’t really care about your point of difference.  And it fails.  The better mousetrap that no one cares about.

Look to the grid above and say “LET’S CUT TO THE CHASE” and push your team to find something that is Good and Different.

What is Your “Let’s Cut to the Chase” Moment?

 

To read more about how to create a Beloved Brand:

 

Skills to Challenge Your Brand Leaders:  
  1. How to Write a Brand Plan:  The positioning statement helps frame what the brand is all about.  However, the brand plan starts to make choices on how you’re going to make the most of that promise.  Follow this hyperlink to read more on writing a Brand Plan:  How to Write a Brand Plan
  2. How to Write a Creative Brief.  The creative brief really comes out of two sources, the brand positioning statement and the advertising strategy that should come from the brand plan.  To read how to write a Creative Brief, click on this hyperlink:  How to Write a Creative Brief
  3. How to Write a Brand Positioning Statement.  Before you even get into the creative brief, you should be looking at target, benefits and reason to believe.   To read how to write a Brand Positioning Statement, click on this hyperlink:  How to Write an Effective Brand Positioning Statement
  4. Turning Brand Love into Power and Profits:  The positioning statement sets up the promise that kick starts the connection between the brand and consumer.  There are four other factors that connect:  brand strategy, communication, innovation and experience.   The connectivity is a source of power that can be leveraged into deeper profitability.  To read more click on the hyper link:  Love = Power = Profits 

Brand LeadershipI run the Brand Leader Learning Center,  with programs on a variety of topics that are all designed to make better Brand Leaders.  To read more on how the Learning Center can help you as a Brand Leader click here:   Brand Leadership Learning Center

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To reach out directly, email me at graham.robertson@beloved-brands.com

About Graham Robertson: The reason why I started Beloved Brands Inc. is to help brands realize their full potential value by generating more love for the brand.   I only do two things:  1) Make Brands Better or 2) Make Brand Leaders Better.  I have a reputation as someone who can find growth where others can’t, whether that’s on a turnaround, re-positioning, new launch or a sustaining high growth.  And I love to make Brand Leaders better by sharing my knowledge.  Im a marketer at heart, who loves everything about brands.  My background includes 20 years of CPG marketing at companies such as Johnson and Johnson, Pfizer Consumer, General Mills and Coke.  My promise to you is that I will get your brand and your team in a better position for future growth. Add me on LinkedIn at http://www.linkedin.com/in/grahamrobertson1 so we can stay connected

Volvo Brand in One Word: Safety

“If you want to build a brand, you must focus your efforts on owning a word in the prospects’ mind.  A word nobody else owns”     – Al Ries

I went to see Al Ries speak a few years ago and he challenged all marketers to get your brand down to one word.  It sounded great, until I went back to my desk and started trying it out on my brands.  At best I was able to get it down to a few words or a quick catch phrase.  As I sat there frustrated, I realized that the effort to try to get it down to one word is a great catalyst that gets you down to a few words.  That’s a hell of a lot better than the excessively long-winded 5-page briefs or the long list of RTB’s (Reason to Believe) people want to jam in a TV ad.

For a long time, we’ve thought that brands just exist to convey a degree of consistency in the consumers mind.  Yes, that helps to own a position in the marketplace.  But more and more, we are also starting to realize that consistency of message acts as an internal beacon for everyone in the organization to follow.

I am always pushing everyone to focus:  focus on a tight target,  own one main benefit area that no one else can own and then shout it from the mountain top.  The challenge here of getting what your brand stands down to one word would be the ultimate.  I’d encourage you to take this on a test run and see where you get.  But the bigger point is to, learn from how obsessed Volvo is around safety.

When you ask consumers one word to describe Volvo, without hesitation they say “Safety”.  

I am yet to see any other brand that is so focused against one word like Volvo is with safety.   For Volvo safety is not just a claim or demo in their TV ads, but is everything they do.   But the real beauty for Volvo is their obsession with safety.

  • Volvo was long ahead of the marketplace.  Volvo first started the safety angle in the 1940s and became completely obsessed in through the 1960s long before consumers cared about safety when no one was even wearing seat belts.  But the market place has since caught up.  This year, Car and Driver reports safety as the #1 benefit that consumers are looking for in a new car.
  • Volvo’s purpose in making safety a priority.  In 1958, Volvo came up with the 3-point seat belt.  Even with a patent they could have enforced and made millions, Volvo decided to share the technology with all the other car manufacturers because they believed so strongly in it.   That really speaks to Volvo’s conviction and authenticity.
  • Volvo has always been way ahead of car safety regulations.  In fact, as safety became a priority with consumers, regulators looked at what Volvo was doing as the standard and then made Volvo’s advancements mandatory across other companies.  In the 1990s, Volvo was ahead of the curve on the introduction of air bags and side-air bags.  In TV ads, we got so used to seeing the crash test dummy ads re-enforcing Volvo’s ownership over safety.
  • Volvo continues to set the standard for safety today.  The 2012 IIHS (Insurance Institute of Highway Safety) had 3 Volvo models in the 10 Top Safety Picks, the most of any car brand.  The Euro NCAP collision test has recognize 2012 Volvo V40 as the best car they’ve ever tested, giving it the top rating of five stars in the Euro NCAP collision test.

Most impressive to me that highlights Volvo’s obsession with safety is to look internally at the long list of R&D advancements over the past 70 years.

  • 1944 Safety cage
  • 1944 Laminated windscreen
  • 1957 Anchor points for 2–point safety belts front
  • 1958 Anchor points for 2–point safety belts rear
  • 1959 3–point front safety belts standard
  • 1964 First rearward–facing child safety seat prototype tested
  • 1966 Crumple zones front and rear
  • 1966 Safety door–locks
  • 1969 Inertia reel safety belts
  • 1971 Reminder safety belt
  • 1972 3–point safety belts – rear
  • 1972 Rearward–facing child safety seat
  • 1974 Multi-stage impact absorbing steering column
  • 1974 Bulb integrity sensor
  • 1975 Braking system with stepped bore master cylinder
  • 1978 Child safety booster cushion
  • 1982 “Anti–submarining” protection
  • 1986 Three–point safety belt centre rear seat
  • 1990 Integrated child safety cushion in centre rear seat
  • 1991 Side Impact Protection System
  • 1991 Automatic height adjusting safety belt
  • 1992 Reinforced rear seats in estate models
  • 1995 Integrated child safety cushion outer rear seats
  • 1997 Roll Over Protection System
  • 1998 Whiplash Protection System
  • 1998 Inflatable Curtain
  • 2001 Volvo Safety Concept Car
  • 2002 Roll Stability Control
  • 2003 New Front Structure called Volvo Intelligent Vehicle Architecture
  • 2003 Rear seat belt reminders
  • 2003 Intelligent Driver Information System
  • 2003 Inauguration of Volvo’s Traffic Accident Research Team in Bangkok
  • 2004 Blind Spot Information System
  • 2005 Door Mounted Inflatable Curtain
  • 2006 Personal Car Communicator
  • 2006 Collision Warning with Brake Support
  • 2007 Power Park Brake
  • 2007 Driver Alert Control
  • 2009 City Safety – Automatically stop car at speeds below 19 mph (31 km/h) if obstruction is detected in front of car
  • 2010 Pedestrian Detection with auto brake
  • 2012 Pedestrian airbag

True leader push themselves by attacking the brand even before competitors have a chance. Volvo is continuing to push themselves with a very visionary challenge for the year 2020 that’s squarely directed internally within Volvo. 

Nobody should die or be seriously injured in a Volvo.  

That speaks volumes to the obsession they’ve had for the past 70 years and to the obsessive focus for the future of Volvo!

What can you learn from this for your brand?

 

About Graham Robertson: I’m a marketer at heart, who loves everything about brands. I love great TV ads, I love going into grocery stores on holidays and I love seeing marketers do things I wish I came up with. I’m always eager to talk with marketers about what they want to do. I have walked a mile in your shoes. My background includes CPG marketing at companies such as Johnson and Johnson, Pfizer Consumer, General Mills and Coke. I’m now a marketing consultant helping brands find their love and find growth for their brands. I do executive training and coaching of executives and brand managers, helping on strategy, brand planning, advertising and profitability. I’m the President of Beloved Brands Inc.  and can help you find the love for your brand. To read more about Beloved Brands Inc., visit http://beloved-brands.com/inc/   Feel free to add me on Linked In at http://www.linkedin.com/in/grahamrobertson1  or on Twitter at @GrayRobertson1

Five Questions about Media in the Future

I’m not a media expert at all.  So there will be no answers here, just questions about where I might be confused about the future or where I might see an impact to my media thinking.  I come at everything through the lens of the Brand Leader.  My questions are more about the impact on consumer behaviour and how the brand can win through media in the future.  If you’re a media expert, feel free to add solutions.  At this point, I just have questions!

1. Will people watch even more TV in the future? 

I love asking this question because it usually confuses people, because of the expected downward trend of TV viewership over the last 10 years.  At first, this question might sound crazy, but with more tablets and instant internet access everywhere, we should expect a shift to watching more TV, not less.  This year, books are up 13% due to increased readership via tablets.  Will we see that impact to TV?   More access means more use.  If you’re on the subway, an airplane, waiting to pick up your kids or on your lunch hour, wouldn’t it be great just to catch an episode of Modern Family?  Now you can.  And while this is at the early stages with early adopters, we’ll quickly see it going mass over the next few years.  But the TV model will have to change.  Consumers won’t want to be watching 8 minutes of TV ads.  It seems people see their computer as their personal space and they find intrusive advertising even more annoying on their computer than they do their TV.   We need a new model for TV advertising–I haven’t seen it yet.

As a Brand Leader, I recommend that you don’t give up on TV just yet.  Maybe it will be on a tablet or a phone.  Just be a bit more creative.  Maybe you need to make your spots more interesting to take advantage of viral shares.  Make sure your spots are more engaging so people want to watch rather than just tolerate.  Be open to integrating your brand right into the shows, or maybe go back to the past when  brand sponsorship kicked off every 1950s TV show.

2. How can Advertisers Capture the Internet Babies (12-22 years old) as they move into adulthood?

As someone said, this segment never “goes on-line” because they are “always on-line”.   They are never “off-line”.  Last year, my 14-year-old daughter had 3 friends over and when teens visit, you have to expect a bit of excess noise.  All of a sudden, there was silence for 20 minutes.  I thought they must have left but then I see four teenagers all sitting at the kitchen table texting away, not a word being said.  Complete silence.  This generation lives on-line and put their lives on-line.  It remains confusing as to their true view of privacy–do they want more or do they just figure their lives are an open book.

This group has their priorities shaped by the age of instant access. They want everything now–sports scores, rumours, or videos of what they just saw on TV.  They are multi-tasking so much it’s arguable they never give anything complete focus.  When they watch TV, they have the laptop up, their cell phone in hand–navigating Facebook, twitter, texting, instagram and Skype all at once.  No wonder ADD is growing.  They choose Apps over software, expecting an App solution for any problem they have.  They see advertising as completely ubiquitous and are more open to brands than other generations.  But how they consume media is completely different.  E-Commerce is an expectation, as they buy songs, games and movies or a new phone case at a whim.

As a Brand Leader, we need help to figure out how to win with this group when they turn 25?  I know as a parent of this age group, I have no wisdom I can pass on.  Maybe someone in this age group can help us out, because I’m utterly confused.

3. Can Newspapers even Survive? 

So far, newspapers haven’t figured out the profit model between the traditional broadsheet and the on-line versions.  Making it free was likely a mistake, and makes it hard to turn back.  If your newspaper has been free on-line since 1997, I’ll be pissed off if you now expect me to pay for it.  If I’m interested in the topic, I’ll just Google the same headline and find a free version.  As long as newspaper publishers see a direct link between the actual broadsheet and the newspaper they run the risk of extinction.  If you think a newspaper is a collection of amazing journalists, you’re off to a good start.  But if you think it has to be a broadsheet, then you’re completely lost. 

News now is instant, ubiquitous and more casual/social.  The tweeting that went on during the US presidential debate (e.g. Big Bird) is evidence of how social media drives the story.  I don’t need to read a journalists take on it.  I already know.  By the time the broadsheet version of the newspaper is ready, this story is now old news and even has had 12-18 more hours to evolve into a completely new story line. The broadsheet can’t keep up.  I love the business model for the Huffington Post.  What started as on-line political opinion is becoming a source for broader news–entertainment, sports and lifestyle stories.  With more publishers going without a printed version (e.g. Newsweek just announced they’re cancelling their printed version), this has to be the future.    

As a Brand Leader, I’d recommend moving your Newspaper spend on-line or even choose other mainstream media options.  You’ve put up with the bad production quality for 100 years–is there really anyone under 50 still reading.

4. Can Advertisers Figure Out how to Win in the New World?  

The Commodity Brands that have funded mainstream media remain completely confused. 

Traditional media has always been funded by advertisers whether that means TV ads for 8-12 minutes per hour, newspapers and magazines with 25-40% of the space for ads and radio with ads every second song.   Traditional Media has been free as long as you were willing to put up with advertising interrupting your usage of the media.  That ability to interrupt consumers allowed the Commodity Brands (dish soap, diapers, toothpaste, razor blades and batteries) to break through to consumers, as they sat captive and watching their favourite TV show.

But New Media is free, unbridled and fairly commercial free.  In general, a lot of the advertising still just sits there along the sidelines where we don’t click.  While the high interest and high involvement brands have started to figure out how to use the New Media, the Commodities remain in a state of confusion.  If you want to see what confusion looks like, go see Head and Shoulder’s twitter page with 320 followers or Bounce’s Facebook page “where they talk about fresh laundry” (their words, not mine)

These Commodity brands need to either get people more involved, which Dove is the best in class brand, or they need dial-up the potential importance for a core target which Tide has done a good job.  As we see many of the new media companies (Facebook) struggling to figure out how to make more money from Advertisers, there needs to be a step up in creativity to find new solutions.  Banner ads that just sit along the side aren’t going to do much for the advertiser or the media owner.  If social media sites want to win over these commodity brands, they need find that right balance of interrupting consumers without annoying their membership.

5.  Are there too many Social Media Options?

I know there are still new social media options every month, but most of these feel fairly niche.  In the mainstream social media sites, we are seeing that winners have emerged and they are turning into leaders as Google, Facebook, YouTube, Twitter, Linked In and Wikipedia all now dominant in their given area.  It looks impossible for a new entrant to really challenge them.  If a new entrant were to try for leap-frog strategy, these leaders would just duplicate the innovation and kill the challenger.  Every industry has gone through a similar pattern:  early innovation, divergence of brand options, then a few power brands emerge, and then a power play where the strong squeeze out the weak through mergers and acquisitions until there are a handful of brand owners remaining.

As these Social Media sites look to turn their power into wealth, we will see a shift from fighting for members to fighting for advertiser dollars.  This will likely force a convergence of social media options where the strongest brands try to squeeze out the smaller sites.  There are already small signs in Google’s strategy they are thinking this way–trying to be the one stop shop.  Mergers are always tend to surprise us, almost the unimaginable.  Can you imagine Facebook buying LinkedIn?    Who knows, maybe we’ll even see a merger between social media brands and mainstream networks. AOL already tried it with Time-Warner.  But can you imagine Google buying CNN, Facebook buying MTV or NBC buying the Huffington Post?   If you’re an Advertiser, expect some uncertainty in the next few years and expect a few mergers.

If you have any solutions to these questions or if you have other questions, I’d love to hear your thoughts.  

For a Media Overview that can help Brand Leaders get better media plans by learning more about both traditional and digital options, read the following presentation:

 

About Graham Robertson: I’m a marketer at heart, who loves everything about brands.  My background includes 20 years of CPG marketing at companies such as Johnson and Johnson, Pfizer Consumer, General Mills and Coke. The reason why I started Beloved Brands Inc. is to help brands realize their full potential value by generating more love for the brand.   I only do two things:  1) Make Brands Better or 2) Make Brand Leaders Better.  I have a reputation as someone who can find growth where others can’t, whether that’s on a turnaround, re-positioning, new launch or a sustaining high growth.  And I love to make Brand Leaders better by sharing my knowledge. My promise to you is that I will get your brand and your team in a better position for future growth.  To read more about Beloved Brands Inc., visit http://beloved-brands.com/inc/   or visit my Slideshare site at http://www.slideshare.net/GrahamRobertson/presentations where you can find numerous presentations on How to be a Great Brand Leader.  Feel free to add me on Linked In at http://www.linkedin.com/in/grahamrobertson1  or on follow me on Twitter at @GrayRobertson1

Does a Brand Vision Statement Matter?

The Vision for the Toronto Maple Leafs

I love asking people “Do you think the Toronto Maple Leafs had a good year last year?”.  For non-hockey fans, the Leafs would be like the Chicago Cubs in baseball or  Aston Villa in the English Premier League.  My beloved Leafs are the only NHL team who has not made the playoffs since 2004, and they have not won a championship since 1967.  The last two seasons they finished 29th and 25th out of 30 teams.  That’s really pathetic.

So did the Leafs have a good year?   It depends on what you think the brand vision is?    If you think the Leafs Vision is to Win the Stanley Cup, then it’s been an obvious disaster.   But if you think the Leafs Vision is to be the Most Valued Sports Franchise, then it’s been an amazing year, just like the past 8 years.   In those eight years of hockey despair, overall revenue has gone up from $117 million to $190 million while costs have gone down from $69 million to $57 million.   That’s a P&L the people of Price Waterhouse dream about.  The resulting brand value has seen the Leafs go from $263 million in 2003 up to $521 million–making it the #1 value valued team in hockey.   Eight years of missing the playoffs and the value of the team has nearly doubled.  Instead of firing everyone, they should be handing out the bonus cheques.  They still have a long way to reach the NY Yankees Value of $2.2 Billion.  

Does a Vision Statement Pay Out?

Companies that have Vision Statements have a better sense of where they are going.  And the proof is there that it pays off for companies with a Vision.

  • Harvard Study across 20 industries looking at businesses showed that companies with Vision Statements saw their revenue grew more than four times faster; job creation was seven times higher; their stock price grew 12 times faster; and profit performance was 750% higher.
  • Newsweek looked at 1000 companies with Vision Statements had an average return on stockholder equity of 16.1%, while firms without them had only a 7.9% average return.
  • “Built to Last” showed that for companies with Vision Statements, that a $1 investment in 1926 would have returned $6,350 compared to only a return of $950 for comparable companies without a Vision.
The Vision and Mission help to Frame the Overall Brand Plan

Think of the Vision as the End in Mind Achievement towards your purpose.  What do you want the brand to become?  Think 10 years out: if you became this one thing, you would know that you are successful.  Ideally it is Qualitative (yet grounded in something) and quantitative (measurable)  It should be motivating and enticing to get people focused.   It should be personal and speak to why you get up in the morning—why you got into this business.

The Mission is the Special Assignment.  It should be tightly connected to the vision, but is more likely a 1-3 year direction—if a vision is a destination, then a mission is the how or the major milestone on the path towards that vision. A mission statement focuses on a company’s present state while a vision statement focuses on a company’s future.

Things that Make a Good vision: 

  1. Easy for employees and partners to understand and rally around
  2. Think about something that can last 5-10 years or more
  3. Balance between aspiration (stretch) and reality (achievement)
  4. It’s ok to embed a financial ($x) or share position (#1) element into it as long as it’s important for framing the vision.

The watch outs for vision statements:

  1. It’s not a positioning statement.  Almost positioning neutral  Let the positioning come out in the strategy.
  2. Make sure we haven’t achieved it already.  If you are #1, then don’t put “be #1”.
  3. Don’t put strategic statements.  Vision answers “where could we be” rather than “how can we get there”
  4. Try to be single-minded:  Tighten it up and don’t include everything!!   Can you say it in an elevator.  Can you actually remember it?  Can you yell it at a Sales meeting?
Purpose Driven Visions:  The Power of Why

More companies are reaching for their purpose answering the simple question:  “why do we do what we do”.  Why do you exist?  What’s your Purpose or Cause?  Start with what’s in you.  Why do you wake up in the morning or why did you start this company long ago?     Simon Sinek, the Author “The Power of Why” says the most successful brands start with a purpose driven vision (why) and match the strategies (how) and the execution (what) to the vision.

Using the Apple brand as an example, Sinek talks about the “Why” for Apple as challenging the status quo, and thinking differently.  People at Apple want to make a dent in the universe.  The “How” is making sure our products are all beautifully designed, simple to use and user-friendly.  Since people buy into the why and the how of Apple and want to be a part of it, it matters less “What” they do and they’ll follow them as they move to new categories.  As Sinek says “People don’t buy what you do, they buy why you do it”.

Vision and Employees

A well-articulated vision can really make a difference for employees, giving them both a challenge and focus to what they do each day.  For service driven companies, where people are the brand it becomes essential.  Adding in brand values and even service values can assist people in knowing what they should be doing each day and how they should be doing it.  For a product driven brand, it can help all drive focus for all those working around the brand whether that’s ad agencies, R&D, sales or operations.

To see how a Brand Vision helps to frame the brand plan, read the following presentation: 

 

I run Brand Leader Training programs on this very subject as well as a variety of others that are all designed to make better Brand Leaders.  Click on any of the topics below:

To see the training presentations, visit the Beloved Brands Slideshare site at: http://www.slideshare.net/GrahamRobertson/presentations

If you or team has any interest in a training program, please contact me at graham.robertson@beloved-brands.com

 

About Graham Robertson: I’m a marketer at heart, who loves everything about brands.  My background includes 20 years of CPG marketing at companies such as Johnson and Johnson, Pfizer Consumer, General Mills and Coke. The reason why I started Beloved Brands Inc. is to help brands realize their full potential value by generating more love for the brand.   I only do two things:  1) Make Brands Better or 2) Make Brand Leaders Better.  I have a reputation as someone who can find growth where others can’t, whether that’s on a turnaround, re-positioning, new launch or a sustaining high growth.  And I love to make Brand Leaders better by sharing my knowledge. My promise to you is that I will get your brand and your team in a better position for future growth.  To read more about Beloved Brands Inc., visit http://beloved-brands.com/inc/   or visit my Slideshare site at http://www.slideshare.net/GrahamRobertson/presentations where you can find numerous presentations on How to be a Great Brand Leader.  Feel free to add me on Linked In at http://www.linkedin.com/in/grahamrobertson1  or on follow me on Twitter at @GrayRobertson1