Everyone’s torn this way and that. It’s easy to lose concentration or to find yourselves prioritising the wrong things. If your brand feels like it’s drifting, here’s 7 sure signs that you’re not focusing on the right things.
When Al Ries took aim at McDonald’s decision to broaden their menu, saying that introducing more items had not worked as a strategy and would not so do into the future, his piece raised questions for me on the differences between diversification and adjacency.
Some searching questions recently from executives who seem to pride themselves on being brand sceptics prompted me to review the parameters of what brands can do, what they can’t and why I still believe that branding is a vital business activity.
Every brand must change, but the extent of the change, and the size of the calls that accompany those shifts, are very different. So when should you revamp what you have to bring it up to date, and when should you “kill” the brand and start again?
The Un-Conference is a fantastic format – small, competitive, fun and full of smart, smart people. I’ve spoken at two and enjoyed both very much. The promo for next year’s event has just been released and it features some great moments from the last event in Miami. Here’s what happens when a bunch of senior marketers get in a huddle to talk through the strategic challenges they’re facing. 2 days in 3 minutes.
There’s a tendency to see disruption and innovation as huge moments of significance that shake the status quo to its core. Ultimately though neither is about that at all. It’s often about having the courage, vision and confidence to (gently) do big things. And to do them when and where they were least expected.
It’s a pleasure to announce that Entrepreneur.com have just published a new post by me. “Don’t brand for now, brand for then” discusses developing a brand strategy for the brand you intend to be, not just the brand you are right now. Hope you enjoy.
Every company that rebrands does so with high hopes. Their expectation is of course that this will mark a new chapter in the life of the business. Given how much is being invested, that seems more than a reasonable goal on their part. But is it realistic? How much change can a company expect to see through a rebrand, and where? This article by Laurent Muzellec and Mary Lambkin from some years back lays out some evergreen principles and reminds us that no two rebrands are the same in terms of the results they generate.
There’s crises and dangers everywhere we look. From ISIS to mass shootings, pandemics to weather events, Greek debt to commodity slumps, the actions and repercussions stream onto media in a seemingly endless scroll. In that sense the world we live in has changed little from when I was a child.
The aspiration drive that has dominated how marketers think and what they strive to achieve in building a brand’s mythology is increasingly being seen by consumers as unattainable and fake. Buyers are drawing a line under what they perceive to be airbrushed brands. And the push-back is manifest in everything from the acceptance of imperfect food to the increased use of plus-size models on fashion house runways.