Entrepreneurial Branding: 5 Top Tips For Brand Success

Entrepreneurs typically face an array of challenges with a failure rate which is dauntingly high. Estimates range from 75 to 90 percent of startups failing within the first few years – those numbers are enough to give even the most stoically resilient and determined entrepreneur pause for thought.

 

The good news is that a strong brand strategy can vastly improve your chances for entrepreneurial success. If over 80% of the Fortune 500 Company CEOs, rate ‘their brand’ as their company’s number one asset, then maybe you should be giving the planning and thought around your brand a lot more consideration than merely tokenism. When building a brand, it’s vital for entrepreneurs to realize that brands are not solely visual. The most common misperception is that many think their brand is just their logo and not much else! A logo is not a brand. This one of the most prevalent mistakes business owners, and designers alike make – much to their detriment.

  

A brand is what your product or service ‘stands for in peoples minds, what it means to them’ and ‘branding is the process of executing and managing things that make people feel the way they do about your brand’. What your brand stands for, its values, promise, customer experience and those associated feelings your brand provokes through its story, and so forth, are what determine the creative design brief for what you logo, and all your other visual materials, actually look like. Your logo is merely the visual idnetifier for your brand, assuming it is well designed enough to appropriately convey your brand meaning in a very distilled visual representation. In short you need to build your brand profile first, before you start designing your logo.

 

If you define what your brand is all about from day one, through your brand profile, it will provide you with absolute clarity on the direction of your brand strategy in parrallel with your business strategy and overall business plan. It will provide you with the right direction for all the different choices you will need to make such as suppliers, communications, online interactions and marketing activities etc.

  

The question here is what’s different, really different about what you’re offering? Slightly different is not good enough. If you want to stand out, you’ve got to be brave and think bigger – dare to be different with your brand in a way that is really relevant to your primary customer. This is what gives your brand substance and potential sustainability – not a logo. You can have the most beautifully designed logo but that still won’t make it into a brand.  

 

    Jeff Bezos Amazon

 Image via www.financialpost.com and Patrick Fallon/Bloomberg

  

One entrepreneur that has defined a brand very succinctly is Jeff Bezos, the founder of Amazon, when he said: “Your brand is what people say about you when you’re not in the room.” Successful branding is about winning and keeping customers, about influencing choice, and ultimately about finding and dominating your place in the market.

 

 

Checkout these top five branding tips to help you achieve a stronger start and give your budding business a better chance of success.

 

5 Foundational Branding Tips to Support Your Brands Success

 

1. Start Early, Brand Consistently and Congruently

For any entrepreneur or startup, it’s never too early to begin building the foundations of your brand. In fact, you should have your brand well developed and thought through so you can put it to work for your business long before you interact with your first customer. This can be summed up in Simon Sinek’s quote ‘People don’t buy what you do, they buy ‘why’ you do it, and what you do simply ‘proves what you believe’.

 

  

Understanding is the first step to building a successful brand. You must know, as a company, exactly who you are, what you stand for, why you do what you do, and what you have to offer your prospective customers that they can’t experience or get anywhere else. Your brand must emotionally and intellectually have the power to engage, motivate and inspire both your prospective customers and your people internally.

 

Dedicate committed time and effort to determining your brand vision. Challenge your thinking, don’t settle for second rate ‘me tooism’ or hybrids of what’s already out there. The greatest sin is to be bland, obvious and ordinary. You must be different, distinctive and memorable for the right reasons if you want success. Be rigorous and thoroughly challenge yourself. Be able to answer questions such as:

  • What is your company’s mission? What will you deliver to your customers—not just in terms of products or services, but emotionally and as an overall customer experience?
  • What benefits and features of your company’s products and services are unique to your business?
  • How will your brand enhance your customers lives and/or solve their problems?
  • What qualities do you want your consumers to equate with your company?
  • What should your business be synonymous with in one year, five years, ten years?
  • Will it still be relevant and powerful in one year, five years, ten years or twenty years plus?
  • Would you fight to protect what your brand stands for? Do you believe in it so strongly that you simply won’t compromise on it? Is it fundamental to your core belief system?

 

Once you have fully fleshed out your business brand vision and values, you can begin distilling your core message into a powerful and captivating brand communications strategy that puts your brand to work effectively.

 

However this can only be done authoritatively when you have a very clear picture of who your ideal core target audience is. Do you know what their needs, wants, loves, hates and aspirations are? How and where do they live, what age and gender are they?

 

You need to build your customer persona or avatar because its only when you have absolute clarity on what this is, that you can create a brand that will truly resonate with your core target audience. You need to create a brand that meets their emotional needs because when people buy, be that a product or service or into your ideas, they buy with emotion – not rational. Think about it, you can’t build something of substance and compelling meaning if you don’t know or understand who you core customer is and what matters most to them.

 

  

  

2. Create the Right Visuals

While a brand isn’t just about visuals, your brand collateral or visual materials are far more important than most entrepreneurs often realise. Think about all the brands you know that are instantly recognizable: the BP flower, the Nike swoosh, the red Coca-Cola can, McDonald’s golden arches, and Apple’s…apple.

 

 Apple Logo

Image via www.apple.com 

 

For any entrepreneur or startup, a well-designed logo can become a powerful hook for your brand. It’s your brands identifier and like a tattoo, not something you easily or readily change once you start establishing it – so it needs to given some serious thought and investment from day one. In short it needs to be invested in properly as does all the rest of your brand collateral be that your website, brochures, PowerPoint or Keynote Presentations, packaging, direct mail, advertising, social media presence and videos etc. Your brand collateral is the tangible evidence of your brand and it must be designed to congruently reflect and tell your brand story, its values and personality properly. Every single touch point or piece relating to your brand must be consistent and properly designed. They are the tactile materials of your brand, an extension of your reputation and part of your branding strategy.

 

3. Dare to be Different

Every business has competition, and as an entrepreneur, your startup must stand out from not only the established companies in your industry, but also the thousands of other startups launched every year. This means that having absolute clarity on what your brand stands for, what your ‘big why is’, and how you’re going  to communicate your message and that distinction to your customers, is crucial to your brands’ potential success.

 

Distilling your brand values, what it stands for, its personality, the do’s and don’ts of how it will behave and the experience it will create for your customers through all the various ‘touch points’ of its interaction with them is critical to its potential success.

  

It can be challenging to properly and fully develop your ‘brands’ profile’, but once done becomes vital to the fundamental success of your business and part of your ongoing business strategy and plan. It’s integral to your business model.

  

As an example, many entrepreneurs around the world have built their success through a brand profile that has been strongly rooted in the provenance of their unique geographic location. The hospitality and restaurant industry is particularly crowded, but with enough differentiation from other restaurants in the same locality and an authentically lived and experienced brand story, you can attract a loyal customer following.

 

The world you create around your brand must be authentic with an almost theatrical piece of escapism, from a customer experience perspective. From the moment they stand outside your door, metaphorically speaking, to consider a purchase from you, your brand must offer them something they can’t get or experience anywhere else. It must richly express its own personality in a way that’s truly relevant and compelling to your target audience.

 

L'etoile Restaurant Usa 

 Image via www.letoile-restaurant.com

 

One restaurant owner in Madison, Wisconsin, USA, not only created success with her brand proposition, but also used it to elevate her status from entrepreneur to icon. Odessa Piper’s vision led her to launch a fine-dining establishment, L’Etoile, in the middle of a large farming community, which became successful due in large part to her brand vision and commitment to serving only the highest quality, locally sourced food. While sustainable dining may be nothing new today, it’s important to note that Piper opened L’Etoile in 1976, making her a pioneer of the farm-to-table movement and earning her the title of “First Lady of Cuisine” in Wisconsin.

 

4. Brand Promises: Make Them and Never Break Them

Every successful brand comes with an unshakeable promise—in fact, your brand promise is a core part of your brand. You don’t have a meaningful brand without a brand promise. Having a brand means that your customers can and should expect certain rewards whenever they interact with your company. Whether that promise is incredibly great quality ingredients “using only the really good stuff”, exceptional customer service that “goes beyond just the good to an exceptional and unforgettable experience” or “social distinction in a class of its own”, the key to sustaining your entrepreneurial business is to deliver on your brand promise – every time congruently and consistently without question. Your brand promise must be non-negotiable in its delivery and fulfillment all the time.

 

 Ruby Hammer Recommends Lip Gloss

 Image via www.rubyhammer.com and www.debenhams.com

  

International makeup artist and successful entrepreneur Ruby Hammer understands and capitalizes on her brand promise. Hammer co-created and launched the now-discontinued Ruby & Millie makeup brand in partnership with Boots—but she’s also responsible for the launch of other successful brands in the UK, including Aveda, L’Occitane and Tweezerman. She was awarded an MBE in 2007 by the Queen, and she’s recently launched a new line called Ruby Hammer Recommends.

 

In an interview with the Female Entrepreneur Association, Hammer states that promising and delivering quality is vital to the success of a brand. “The key to developing a successful brand is first, you’ve got to have something worthy of success,” she says. “You can’t do it with a bad product.”

 

Successful brands not only give customers the expectation of a unique perspective and a valued experience, they deliver on that promise to provide something undeniably and irresistibly desirable.

 

 

5. Branding: A Solid Foundation for Startups

The majority of new businesses may fail, but yours doesn’t have to be one of those sorry statistics. Strategic branding with a clear message that communicates the unique experience and attributes of your offering can help you win and sustain your business from day one. Commit to building a strong brand foundation to attract and underpin a loyal customer base. This will in turn inspire your brand advocates who in turn will help you spread your brand name and reach much further, and most importantly, help you build an ongoing profitable empire.

 

What do you think?

 

 • Does your business have a strong brand profile? If not, how can you create one?

 

• Do you understand what your target audience wants, and exactly how you can meet their desires?

 

• Does your logo really stand out in its uniqueness and distinction, capturing the essence of your brands’ mission, vision, and qualities of your business at a glance? If not, how can you improve it?

 

• How can you measure the effectiveness of your startup’s brand?

 

• What channels are you using to spread your brand, both visually and conversationally?

 

Drop us a line and share your thoughts in the comments, we’d love to hear from you!

 

 

Destination Branding: The Key Essentials for Success

Travel is one of the largest industries in the world, with several trillion dollars spent globally by travellers each year, and within that mix, destination branding has become an increasingly important part of the marketing strategy for locations and the businesses that serve their area’s tourist demographic.

 

Destination branding, or place branding, can be complex. There are a multitude of brand strategies specifically related to the needs of products or services – but location branding is effectively a combination of all those offerings collectively. Building a destination brand strategy can focus on several top line or key targets, depending on the area and the offerings, which may include:

  • Understanding and highlighting the market perceptions of your destination
  • Capturing the unique essence of your destination and its special attributes
  • Building on media and cultural references that link to your destination

  

  

Creating and Amplifying Market Expectations

When it comes to destinations, many people already have a certain perception in mind. Everyone “knows” that if you’re visiting England, there’s a high likely hood it might rain and the royal family with its historic associations (pomp and circumstance, events or historic locations) might also feature on your radar, and in Egypt first time visitors might expect to be surrounded by pyramids and camels wherever they go! Of course those clichés and people’s perceptions aren’t always right!

 

The first step for any successful destination branding campaign is to understand how your destination is perceived and then either change tired expectations, or amplify more unique positive ones. The expectation of the experience is all in the brand promise of destination brand, and your branding needs to really ‘dial up’ the experience that you want your destination to reflect, and be associated with, in a way that’s truly unique and relevant to your primary target audience.

 

Fáilte Ireland, the National Tourism Development Authority of Ireland, does this very well through one of their more recent marketing campaigns of the Wild Atlantic Way where you can experience one of the wildest, most enchanting and culturally rich coastal touring routes in the world. Wherever you travel along the Wild Atlantic Way you’ll find magic, adventure, history and beauty in abundance. Divided into five main sections each part offers you memories that will last a lifetime. The brand story and video are very compelling – whether you’re native Irish born or an overseas visitor!

 

 

  

Another example of a successful image-changing campaign based around expectations comes from the Las Vegas Convention and Visitors Authority (LVCVA), the official destination marketing organization of Las Vegas. When tourism declined in “Sin City” following the 9-11 attacks and a number of unsuccessful attempts by some businesses to position themselves as “family friendly,” the LVCVA developed a massive campaign called “What Happens Here, Stays Here.”

 

 

 

The branding campaign, which included a dedicated website and several brief and humorous TV commercials, worked to recapture audience perception of Las Vegas as a place for adults to have slightly risky fun with no lasting consequences. Overall, the strategy was successful at driving tourist traffic and creating a strong brand for Las Vegas.

 

New Zealand has been highly successful at capitalizing on audience expectations that were created through the worldwide hit movie series The Lord of the Rings and The Hobbit, based on the classic fantasy novels by J.R.R. Tolkien and filmed in New Zealand.

  

 

  

Air New Zealand cashed in on the Hobbit craze with its safety video and Tourism New Zealand embraced the idea that their country was now seen as “Middle-Earth,” and created an ad campaign around that perception to reinforce the brand.

  

    

Aside from the country itself, some New Zealand businesses have also capitalized on the worldwide fame resulting from the movies—such as The Green Dragon pub, the original film set for the Hobbit pub in The Lord of the Rings movies, which became an actual pub that’s open to the public.

  

Green Dragon Pub Hobbiton Nz 

 Image via www.dailymail.co.uk and London Media

  

  

Capitalizing on Personality and Character

One of the most effective strategies for destination branding is the ability to define, articulate, and convey the unique qualities of your particular destination. This strategy delves into the primal mindset of the traveller – people head out on holiday to get away from their everyday lives and experience something completely new.

 

Successful destination branding is all about that tangible experience at every touch point for your primary audience. This starts from the moment they start thinking about visiting your location, possibly prompted by your successful marketing campaign, to the moment they arrive. Every one of those ‘brand experiences’ must positively reinforce what your brand stands for and what makes it different to your competitors, reaffirming they made the right choice and your destination is even better than they expected! You want them to leave ‘wanting to come back’ and enthusiastically referring your destination to friends and family or better still extolling ‘your destinations virtues’ on social channels.

 

Australia is most assuredly a unique location, and Tourism Australia has found incredible success with their destination branding efforts by highlighting the characteristics of the land, the people, and the wildlife that can be found nowhere else. The organisation’s advertising campaign, “There’s Nothing Like Australia,” uses powerful visuals and dramatic music and narration to project the excitement of Australia directly to viewers.

 

  

In addition, Tourism Australia offers multimedia presentations through their Bringing the Brand to Life website section, which explore their branding concepts and strategies through video series and a book.

 

 

Hitching Your Wagon to the Stars

Media tie-ins are a powerful branding strategy, and there are plenty of resources for destination branding. One particularly strong example can be found with the UK and VisitBritain, a tourism organisation that is working to change the sometimes slightly grey or stuffy perceptions some of the world associates with the UK, and highlight the beauty and excitement to be found throughout this stunning and incredibly culturally rich country.

  

For example, VisitBritain created an international commercial that was shown in theatres around the world in conjunction with Skyfall, one of the more recent iconic James Bond movie series. The commercial shows the evolution of Bond through various actors who have played the British superspy, and brings it all together by urging audiences to visit Britain and “live like Bond.”

 

  

VisitBritan has also launched a series of celebrity commercials, in which globally recognized Brits explore what they love about the country. Dame Judy Dench performs a spot that revolves around Hever Castle in Kent, the childhood home of Anne Boleyn, one of King Henry VIII many wives! Other commercials in this series star Rupert Grint of Harry Potter fame, prominent English model and actress Twiggy, and celebrity chef Jamie Oliver.

 

 

  

 

  

Bringing Them to You

At its heart, destination branding follows the same principles as any other successful branding strategy, though typically on a much larger scale. One of the keys to successful destination branding is to be very clear on ‘what your brand stands for’, what makes your brand different to your competitors and to follow through on this with a very clear and compelling picture of how you’re going to fulfill that promise and meet those expectations. 

 

You’ve got to connect with your audience on their terms at a very personal level, maintain consistency through every aspect of your branding – from the distillation of your branding promise throughout, to your brand experience at every customer touch point and how everything ‘looks and feels’ from a brand style perspective. It must all look and feel like it all unmistakably comes from the same ‘stable’ and be irresistible to your primary target customer in a way that’s truly relevant to them.

 

What do you think?

 

• How does your potential audience currently perceive your destination?

 

• What are the perceptions you’re looking to create for your market?

 

• How can you develop an expectation of your unique experience, and follow through on your brand promise?

 

• What makes your destination unique and worth visiting and how can you leverage that more powerfully?

 

• Are there any global media tie-ins you can connect with your destination brand?

 

 

Private Label: Branding Tips for Own Label Brands

Private labels used to be seen as the second rate offering in the retail world with a majority of consumers shying away from these alternatives to major brand products. They were viewed as knockoffs, cheap substitutes or poor quality ploys only purchased if you were trying to make your weekly shopping budget stretch a bit further. However the market view on private label brands has shifted considerably, especially with the recent economic downturn, and more consumers are willing to forgo the big brands in favour of lower-priced private labels—as long as the quality is maintained.

 

 

 

Time Magazine reported that since the latest recession, 93 percent of grocery store shoppers have changed their buying habits and now stock up on own label, also often referred to as private label store brands. Major chains stores have seen significant increases in consumer purchases of private label brands according to Bloomberg. In the USA, Safeway’s store brand has shown a 3-to-1 growth margin over major brands, and Kroger’s store brand sales accounts for 27 percent of total grocery sales.

 

 Kroger Logo

 

Image via www.kroger.com

 

Of course, in order to sell private label brands successfully, retailers must promote their own label brands to their customers and make them just as appealing compared to major brand names. It’s not enough to simply stock them high and sell them cheap, as in the early days of own label branding.

  

Brand positioning, the brand promise, brand values, the brand story and category segmentation together with consumer mindset and so forth, must all be very carefully developed and fully integrated into the brand strategy for private label items to be most successful, with the same level of intricacy as major brands, and perhaps more so, because they’re competing with the automatic perceived quality of big, familiar brands.

 

In fact it would be fair to say that private label branding has become extremely sophisticated in some of the retail groups with their ‘private label’ brands carrying significant weight and authority amongst their target audience consumers.

 

 

The Importance of Superb Private Label Packaging

As every marketer knows, presentation is key to selling products. In fact people’s willingness to buy, recommend, refer, work for and invest in an organization is driven 60% by their perceptions of the brand and only 40% by their perceptions of the product or services (source: Kasper Ulf Nielsen).

  

Perhaps one of the primary reasons for the underperforming sales of private label brands in the early days was the bland, generic packaging and questionable quality. Many retailers felt that a lower price would sell these own label brands so few bothered to give any significant thought to packaging. In fact private label products were noticeable, for the wrong reasons, with their generic and non-descriptive packaging that looked completely underwhelming next to the carefully designed major brands. Also plagiarism of major brands was a notorious problem in the early days until legal channels flexed their muscles accordingly.

 

Today’s successful private label brands incorporate appealing packaging design into their branding with a very clear focus on who their target audience is and how they’re going to grab attention and engage with them effectively, through their packaging design. Gone are the stark, single or two-color boxes that simply state the name of the product inside.

 

Waitrose Love Life Range

Image via www.waitrose.com

 

Many retailers are creating entire lines of own branded products carefully segmented and tied to their “brand name” such as UK grocery retailer Waitrose’s impressive portfolio of store brands including Seriously, Heston, Menu, Duchy Originals, Love Life, Good to Go and Essentials, each with its own specific brand strategy and distinct look or brand style.

  

Waitrose Seriously Range

Image via www.waitrose.com

 

These proprietary Waitrose brands are not always directly comparable to any other ‘brands’, be they national or private label, thereby making them unique all of which helps support growing consumer Waitrose brand loyalty and increased wallet share. Some don’t even mention the proprietary store owner, such as department store chain Target’s Simply Balanced health foods and beverages.

  

Duchy Originals From Waitrose 

 Image via www.waitrose.com

These private label brands and their relevant product lines feature distinctive packaging styles and well defined brand propositions with clear target audiences that are competing with major brands on the shelves. In fact, many are indistinguishable from standalone major brands as they’ve become ‘brands’ in their own rights, with the exception of the lower price segments.

 

The best private label brands are blurring the lines of ‘major brand’ or ‘own label’ brand distinction through ensuring superb product quality, creative brand packaging and compelling brand offerings all of which attracts consumers to choose the own brand product without compromises on quality or price. Many are now brands in their own rights without any of the old stigmas of the early days.

  

 

Embracing Environmental Causes and Sustainability

Sustainability and environmental consciousness in both food sourcing and packaging is another major brand selling point that some private label brands are adopting. For example Waitrose has made several changes to its private label products that reduce packaging waste significantly.

 

Recent changes to the packaging of a number of Waitrose’s private label brand lines is estimate to have saved the company almost 100 tonnes of packaging annually. Among other changes, the company’s line of prepared meals, Menu from Waitrose, now features a reduced-width package sleeve and a recyclable, lacquered aluminum tray that allows consumers to cook and serve the meal right from the packaging.

 

Waitrose Menu Beef Goulash 

 Image via www.waitrose.com

 

It’s effectively a ‘win win’ for all concerned, rubbish is kept out of the landfills, the packaging changes make life easier for the consumer – who now has less waste to deal with and less space used in their refridgerator. Waitrose has also raised consumer awareness of their rebranded, environmentally conscious private label packaging through a marketing campaign in which they pledge to reduce packaging by half, by 2016, all of which helps generate a very positive engagement with the Waitrose brand.

 

 

Encouraging Consumer Interaction

Just as with any form of branding, interaction and a personal touch can help to promote private label brands. Several companies have launched innovative campaigns that aim to introduce consumers to their brands, and give them the opportunity to experience high quality at a lower price—therefore earning repeat business and private label brand loyalty.

 

Co Op Tweet4a Table 

Image via www.co-operativefood.co.uk

 

As an example, business group The Co-operative in the UK recently launched a Twitter campaign called “Tweet for a table,” which offered a grand prize of a free, gastro-style meal for up to 4 people, served in one of the company’s pop-up restaurants. The winning meal was created entirely with private label products from The Co-op, introducing potential shoppers to a number of brand lines during a fun and memorable experience.

 

 Dm Foto Paradies

Image via www.produktdesigner.fotoparadies.de 

 

German drugstore DM uses an innovative way to personalize the shopping experience with private label brands. The company teamed with a product designer to create a website called “Foto Paradies” where customers can create their own custom labels for a range of private label items—choosing their own text, and even including photos.

 

 

Broadening Private Label Brand Distribution

Recognition and visibility is an essential component of branding, and some retailers are branching out by offering their private labels for distribution in other markets. Once again, Waitrose UK is demonstrating private label innovation in this area, offering several of its lines through international grocery corporation Dairy Farm’s retail locations in Singapore.

 

French mass retailer Groupe Casino is expanding its private label brands to the Asian market. The company works with Rustan in the Philippines, and A.S. Watson in Hong Kong, to distribute and sell several store brand lines through the retail chains Shopwise and Taste.

 

 

Expanding Your Private Label Brand Revenue

Consumers are no longer ignoring private label brands, they’re actually seeking them out, and often preferring them over major brands. In fact, shoppers are willing to pay more for store brands than they had previously. The Wall Street Journal (via Time Magazine) reported that average prices for private label brands have increased by 12 percent, compared to an 8 percent increase for major brands in the same time period—yet store brands still cost an average of 29 percent less than major national brands. If you’re a independant brand owner maybe supplying ‘private label’ along side your ‘branded’ product could also be a significant part of your growth strategy.

 

Its the combination of erasing the perceived quality gaps between private and major brands together with solid brand strategies underpinning ‘eye popping’ great packaging design, excellent customer experiences and consistently engaging customer campaigns, alongside maybe broadening distribution through strategic partnerships, that can collectively help increase sales of own brand for more profitable long term growth and increased customer loyalty.

 

What do you think?

  

• Is your private label brand packaging comparable in quality to major brands? Is it time for a redesign?

 

• What kind of consumer experience are you offering for your private label brand?

 

• Are your private label brands developed with the capability of range extensions, or are they simply single-shot offerings?

 

• Are there any markets you could investigate to broaden your private brand distribution?

Feel free to share your thoughts in the comments below, we’d love to hear from you!