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Thursday, January 6, 2011

Brand Building 201: Finding The Ideal Way

The strongest and longest lasting brands branch off of an 
existing category. Branching takes patience and time. 
There are two speeds for launching a brand, each one with 
its own pros and cons.

Speed A, like a hot air balloon, takes a long time to 
prepare before the actual launch. PR, media marketing, 
favors A. Longevity success favors A. A tree grows 
stronger with a well-established roots. And this can only 
occur with good soil, careful fertilizing, watering, and 
time.

Speed B, like a helicopter, takes off quickly but requires 
more fuel on take off, fuel that isn't there later on. 
Advertising favors B. Speed B for the Internet means viral 
marketing--spreading by word of mouth. For the Net, this is 
usually e-mail marketing.

The main reason A is usually a wiser choice is because 
people are suspicious of new and different. Another reason 
why it takes any business years to build their success. A 
typical reaction: "Wait and see if this new concept turns 
out to be worth while". Letting the brand build slowly 
using PR techniques can be like watching a tree grow. You 
can be lulled into falling asleep, however, don't be. There 
is a pivoting point where PR needs to turn into massive 
advertising.

There are two hurdles each speed endures--credibility and 
conventional. Advertising fails because it usually can't 
convey credibility. It can create conventional--people want 
to buy what other people want. People buy to be normal. 
People like to visit restaurants that have lots of cars out 
front. Yet conventional cannot succeed without credibility. 
Credibility is why the most effective brand launching starts 
with PR. The only exception to this rule is selling to the 
early adopter market.

Real success is a combination of short-lived and longevity 
products and services. Short-lived can provide the 
additional capital needed to fuel big advertising campaigns 
or new research. If you look at the toy industry, you can 
see every Christmas they have short-lived fad items and they 
still maintain items, like the Slinky, now celebrating over 
50 years.

Service businesses need to use a combination as well. Few 
in these areas understand the concept and usually brush it 
off as N/A, non-applicable, to them. Mainly due to the need 
for multiple marketing campaigns and the work needed to plan 
and implement. This holds a higher truth the smaller the 
practice usually due to time limitations.

Another gear in the branding wheel is the number of 
generations of buyers. Each generation have their own way 
of buying charactertics. The only answer for this, is to 
know how they are thinking and why they make the choices 
they do.

How do you move fast enough in a slow building process and 
still build credibility along the way? You can use the same 
method many public relations firms use--the leak. You leak 
the information before its ready for launching. The 
gestation length of the leaking period depends on the 
radicalness of the concept. The more revolutionary the 
concept, the less advertising should play into the campaign.

Advertising is used for brand maintenance not brand 
building. As I mentioned earlier, advertising lacks 
credibility, the crucial element for brand building.

The best way for PR use is to announce a new category not a 
new product. The media wants to talk about what's new and 
what's hot, not what's better. What they say about you 
delivers credibility. It's because someone else is talking 
about you.

Launching a PR campaign and an Advertising campaign are two 
totally different plans. This is a frequently misunderstood 
concept.

For the accompaning article, Seven Simple Steps To A PR 
Launch, visit the Abundance Center's article section.

(c) 2004, Catherine Franz

Catherine Franz, a Certified Professional Marketing & Writing Coach, specializes in product development, Internet writing and marketing, nonfiction, training. Newsletters and articles available at: http://www.abundancecenter.com blog: http://abundance.blogs.com

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