What makes a brand is the stories it tells and how it tells them.
Apple, Tesla, Duracell, and Kleenex have something in common:
brand recognition. But what exactly does that mean? "Brand" is something we often associate with
something popular, what the cool kids do/use/swear by, but that's not quite it.
According to Nina Ojeda, CEO and founder of The Avenue West, a company that specializes in brand
development, what makes a brand is the stories it tells and how it tells them.
As a startup, especially if you are
bootstrapping, hiring a firm may be
completely out of your budget, but I caught up with Nina to talk about how you can
keep this in mind while starting out small.
1. Details, details, details.
All
experience points with your brand must remain consistent and speak to the same
core audience. This seems like a relatively straightforward recommendation, but
according to Ojeda, this is not so common.
"Entrepreneurs are known to be
particularly hardheaded, so letting them know there are big holes in their UX
can be a challenge. Getting them to accept it is another struggle entirely. A
great idea is just a great idea, and without properly understanding your core
customer and having a solid brand foundation, you will eventually fail."
According
to Ojeda, many failed companies share this pain point. They are unable to
create consistent experiences with their product or service, making it hard for
the consumer to understand or communicate it. Therefore, it won't get shared.
"You have to make sure every experience is deliberate for that core
consumer. Take Apple for example. Everything from their website and
advertisements to the product wrapping is consistent with the Apple message:
premium, clean, perfection."
Often,
founders will want to skimp on the details because they can be expensive, but
they don't have to be. "You can pay attention to the details without
spending a fortune: take the time to sit down and create a brand brief. Nail
down your value proposition, mission and vision, customer profile, and
make sure the entire company rallies around it. Once you have that down, just
make a simple and easy-to-navigate website with copy that speaks to your core
customer. Surprisingly, that's all you really need to start out and that
doesn't cost a dime."
2. Social media.
This is probably the most obvious to Millennials since we are the era of Facebook, Instagram, and
Twitter, but according to Ojeda, there are still companies that do not see
social media as a worthy investment. "Something to remember is that no
company ever explodes without having a strong social media presence. It's a
HUGE mistake to think your company is above it. Your social media channels are
the face of your company, not the PR you are receiving around you or your
launch," explains Ojeda.
What
is your voice? Make sure you understand your brand's personality. Is your brief
witty and irreverent? Are you serious and knowing? All of these things should
be papered ahead of time so there is no confusion internally as to who you are.
Ojeda
goes into further detail about speaking to your core customer, but the main
takeaway is this: don't pretend social media is not the face of your company.
It is. It's more than just customer service; it's your personality and
it's your job as a brand to maintain its consistency.
3. Analyze, shift, and repeat.
Building
a brand everyone loves probably won't happen overnight. The difference between
success and failure is consistent learning. Even if you have everything else
nailed down, it's important to watch your customers behavior. "Ultimately,
we hypothesize everything in the beginning. Once you are in market, you will
have to analyze performance and shift your efforts based on demands of your
customers. "The brands that are most malleable in the beginning are the
most successful in the end."
For
a product, it can be as simple as watching what pages are clicked most
frequently, which ads perform best by click, and where the website jump point
is. Now that everything is digital, it's very easy to know what campaigns are
the stickiest.
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