Archive for August 13th, 2009
How To Position A Brand For Success: By Spending Less
How To Position A Brand For Success: By Spending Less To Know More
Dont position the old fashioned way
You know those big brands like Pepsi and Clorox with all the money in the world to spend on brand positioning research and development? Theyve got a secret method for spending a lot less to learn a lot more before ever launching products on a mass scale. If youre a big brand trying to keep up or a small brand trying to make every penny count come in close. This is how they do it.
It doesnt take a ton of time or money
Branding firms that charge upwards of 100k 200k or even 500k and take six months to complete a positioning project dont want us to tell you this. Theres absolutely no reason the process has to be long laborious complex or expensive. Whats more you dont have to end up with a tome of research to decipher hoping to dig out the one simple truth about your brand that intrinsic greatness.
With the right process run by the right agency its not a month in focus groups not hundreds of thousands of dollars it should be a halfday. And itll work exactly the same.
Make it visual and youll know where to go
Once your branding agency has established 34 ownable brand positioning platforms through their process hopefully in far less time than the typical scenario have them develop preliminary advertising to visually demonstrate each platform. This should take the form of print advertising campaigns.
As consumers were used to seeing and reacting to advertising. Its natural for us to immediately know whether an ad campaign nails it or completely misses. Use the same test for the new brand platforms youre considering with the people in your marketing department. Its too difficult to assess the accuracy of the positioning from only a bunch of words in a document.
Bringing the positioning to life through advertising is the clearest way to see its realworld application. In the ideal situation the same people who develop the brand positioning should work on the preliminary advertising keeping the strategy from being lost in translation between your branding firm and your advertising agency.
Preliminary creative goes a long way
At this point youll be in an advantageous spot. For far less money youll have your brand positioning plus creative executions you can employ in a number of useful ways. We call the work preliminary advertising because its meant to paint a clear picture for your internal marketing team. But that doesnt mean you cant take it public.
Focus group the ideas to measure one brand platform against another. Launch the ads into a test market for a true understanding of effectiveness. If youre planning to have an advertising agency execute the actual campaign use the work to inspire their thinking after the handoff.
Its brand discovery plus compelling visual execution. And big companies are using it to spend far less to know far more in todays ultracompetitive environment. Want to talk about doing it for you? Im here infoleereedy.com
About the writer: LeeReedy is an innovation design agency. We work in partnership with companies both large and small to come up with gamechanging ideas and then effectively launch them into action. We’ve been doing so since 1968. www.leereedy.com