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Unlocking the profit potential of your brand BRAND ACTIVATION

Brand activation: unlocking the profit potential of your brand

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A review of Brand Activation: how brands can help companies boost their growth and profits by using their corporate brand to link corporate strategy to the delivery of value to customers.

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Page 1: Brand activation: unlocking the profit potential of your brand

Unlocking the profit

potential of your brand

BRAND ACTIVATION

Page 2: Brand activation: unlocking the profit potential of your brand

.

Brands have a job to do:

making businesses

more effective

and more profitable

Page 3: Brand activation: unlocking the profit potential of your brand

This is about

putting brands to

work.

Page 4: Brand activation: unlocking the profit potential of your brand

What exactly is a brand, anyway?

Page 5: Brand activation: unlocking the profit potential of your brand

ways to think about brands2

Page 6: Brand activation: unlocking the profit potential of your brand

Strategic brand1

The brand as

you want it

to be

Page 7: Brand activation: unlocking the profit potential of your brand

Answering the big questions:

What is our purpose?(beyond profit)

Why should customers valueour product or service?

Page 8: Brand activation: unlocking the profit potential of your brand

Real brand

The brand that

actually exists in

the minds of

customers

2

Page 9: Brand activation: unlocking the profit potential of your brand

or in other words…

It’s what people say about you when you leave

the room

Page 10: Brand activation: unlocking the profit potential of your brand

Bridging the gap…

real brand

strategicbrand

Page 11: Brand activation: unlocking the profit potential of your brand

Why is it about the brand?

Page 12: Brand activation: unlocking the profit potential of your brand

Brands supercharge the strategic process.

1. Brands promote customer orientation

2. Brands are penetrating and sticky

3. Brands bridge functional

silos

How?

Page 13: Brand activation: unlocking the profit potential of your brand

Brands improve business performance

Increase revenues

Command premium pricing

Deflect competition

Resist commodification

Integrate new and acquired brands

Improve operational efficiency

Engage and retain employees

Build customer relationships

Page 14: Brand activation: unlocking the profit potential of your brand

B2B brands account for 5% to 20% of total corporate value.**

Some facts…

B2C brands contribute up to 70% of total shareholder value.*

For B2B, brand contributes 18% of the purchase decision, compared to 17%for sales operation.**

BRAND

SALES

PRODUCT,

PRICE, OTHERS

* Interbrand, “Best Global Brands 2012” ** McKinsey: “Business Branding,” 2013

Page 15: Brand activation: unlocking the profit potential of your brand

About brand activation

Page 16: Brand activation: unlocking the profit potential of your brand

Brand activation: 5 easy pieces

Connection Coaching

Auditing Creation

Exploration

define the

brand

formalize

the brand

operationalize

the brand

communicate

the brand

measure

the brand

Page 17: Brand activation: unlocking the profit potential of your brand

Brand Exploration discovering what makes the brand great

1

Page 18: Brand activation: unlocking the profit potential of your brand

Brand exploration = brandified strategy

find: • goals

• strengths

• differentiators

prioritize: • has meaning

• we can do it

• has “legs”

articulate:

Page 19: Brand activation: unlocking the profit potential of your brand

Why we exist

What customers can expect

Brand statements

What we aim to achieve

What we believe,

how we behave

What we’re like

mission(purpose)

promise

vision

values

personality

positioning

Where we operate,

how we’re different

Page 20: Brand activation: unlocking the profit potential of your brand

2 hints:

involve the whole organization

don’t forget the customer!

Page 21: Brand activation: unlocking the profit potential of your brand

Brand Creation formalizing the brand so that all can see and understand

2

Page 22: Brand activation: unlocking the profit potential of your brand

Brand statements

Brand logo

Visual identity

Brand slogan/tag line

Brand implementation

Brand story

Page 23: Brand activation: unlocking the profit potential of your brand

Brand Coachingbuilding the brand into the business

3

Page 24: Brand activation: unlocking the profit potential of your brand

brand: our promise to customers

brand operationalization: how our actions, processes and investments deliver the promise

From knowing the brand to living the brand…

Page 25: Brand activation: unlocking the profit potential of your brand

internal training

internal communication

motivational activities

team activity

competitions and rewards

behavior standards

processes standards

individual coaching

evaluation and incentives

attitude

skills

knowledge

3 stages of brand coaching

Page 26: Brand activation: unlocking the profit potential of your brand

Brand Connection building the brand’s relationships with customers

4

Page 27: Brand activation: unlocking the profit potential of your brand

less broadcasting more relationship building

Pull, don’t push…

Page 28: Brand activation: unlocking the profit potential of your brand

event marketing

content marketing

online communities

3 relationship builders

give value

build trust

scale efficiencies

multiple parties

face-to face

source of content

entertain

educate

Page 29: Brand activation: unlocking the profit potential of your brand

Brand Auditingassessing the brand’s value, using feedback to make the brand better.

5

Page 30: Brand activation: unlocking the profit potential of your brand

not a single number a balanced scorecard

A dashboard, not a scoreboard

Page 31: Brand activation: unlocking the profit potential of your brand

The balanced scorecard

1.

financial

metrics

3.

internal

metrics

2.

customer

metrics

4.

culture

metrics

• sales achievement

• revenue

• market share

• price margins

• profits

• efficiency

• operating costs

• utilization of assets

• sales performance

• brand awareness

• preference

• satisfaction

• loyalty rates

• NPS

• understanding

• motivation

• goal alignment

• process alignment

Page 32: Brand activation: unlocking the profit potential of your brand

time to activate?

Page 33: Brand activation: unlocking the profit potential of your brand

strategy operations

brand

what the business

offers

what the customer buys

Brand: the essential link between strategy and

operations – between what your business offers

and what the customer buys.

Page 34: Brand activation: unlocking the profit potential of your brand

not an event…

…a journey

Page 35: Brand activation: unlocking the profit potential of your brand

Unlock your brand’s potential.

make it work!

Page 36: Brand activation: unlocking the profit potential of your brand

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© Copyright Tactus Associates, Inc., 2014. All rights reserved.