linked in facebook twitter rss

  • Interbrand
  • Brandchannel

your chance!
your chance!
     
  Kim Castle Are You Brand Worthy?
by Kim Castle
March 28, 2005

Branding is a hot topic, but frequently wildly misunderstood. To make things even more confusing, branding is often tossed in the same basket as marketing, which makes its application to an entrepreneur or sole-practitioner even more unclear.

While out speaking on branding, the question that I hear most is: "How do I know if my business or service is brand material?" With businesses opening left and right, and more and more closing each year, I'm glad there are smart business owners open to understanding the issue.

If you've found yourself asking the same thing, don't worry you're not alone. Perhaps, this can shed some light.

At a recent luncheon, the questions came up again in a different way. I was seated next to an attorney whose sole practice focuses on elder abuse cases. He asked me in rapid succession (that showed me he'd be great in court) the following:

"Isn't branding for businesses that make a lot of stuff?"

"Doesn't branding apply only if you want to sell a lot of stuff?"

"Isn't branding pointless for my kind of business?"

Smiling, I fired back, "Yes, yes and... no."

Yes, branding is most often associated with businesses that make a lot of stuff. Yes, branding is advantageous if you want to sell a lot of stuff. No, branding is not pointless because every business makes something (or offers a service) and wants to sell it.

Branding is about making your product or service known to as many potential customers as possible, consistently, with the most effective use of your time and money. Branding is about repeat business. Branding is about effortless referrals. Wouldn't that be a benefit to any business, especially yours?

To help you gain more brand-worthy clarity, ask yourself the following questions:

 
 

1. Am I really passionate about what I am doing with my business, service or product?
And I mean REALLY! If not, is there something more you can be doing in it to turn your passion switch on? It takes an amazing amount of energy and persistence to make a business take hold in the customer's mind. With more and more businesses competing for headspace, it's imperative that you set yourself apart. If you are not cooking with the fuel that passion gives you, you're missing out on a very crucial element that could mean the difference between thriving and closing.

2. Do I have a big vision of my business, service or product?
Do you dream of reaching lots of customers in different ways with your product or service? Do you see a way to deliver your product or service to an increasing amount of people with less and less effort? Did you create a mindset or special approach in your field that can be delivered in a variety of mediums, e.g., speaking engagements, books, audio CDs, consulting, etc.

Do you envision moving beyond an hour-for-hour way of providing your service? All of these support a big vision. Not only do we begin from the inside out, when approaching your brand, we create from where you will be in five years as if it is now. Small vision does just that, keeps you small. The choice is always yours.

3. Is my product or service a real benefit to lots of customers?
It's important that you answer this one as honestly and openly as possible. I was very passionate and had a huge vision for a career as a mime! (Yes, you read that correctly... a mime.) However, no amount of passion and vision would make people buy it on a large scale. Thanks to Marcel Marceau, the mime card had been played out. You may find that being truthful with your answers will lead to branding even better products and services.

4. Am I prepared to surround myself with a team or the knowledge to accomplish the business success that developing my business as a brand delivers?
The plus side of being an entrepreneur is that you may wear many hats in your business. The negative side is that you feel like you have to; but the truth is, you don't. You're an expert in your field and you need to honor that expertise by supporting it with a variety of other skill sets to make your indelible mark; logo design, copywriting, website design, marketing plan creation and execution, and others.

The important thing is that you realize that you're in command, because it's your ship. And being a commander takes knowing where you want to go, gathering the maps to make the journey, and the crew to make it happen.

If your answer to each of these questions is yes, then you have the makings to develop your business as a brand. You just need the knowledge and practice to do so. If you're shaky on some of the questions, find out why. Even if you never develop your business as a brand, solid yeses to these simple questions will only make your business more successful and more enjoyable. After all, isn't that what we all want?

© 2004 Castle Montone, reprinted with permission.

 
   
   Kim A. Castle is the co-founder BrandU and the co-author of Why BrandU: Big business success no matter your size and BrandU Bible, a step-by-step workbook for developing your business as a brand.



 
 commenting closed Add Social Bookmark bookmark  print
 suggest topic  recommend ( 5 )  email

  brandchannel brandspeak archive   2013  |  2012  |  2011  |  2010  |  2009  |  2008  |  2007  |  2006  | 2005  |  2004  |  2003  |  2002  |  2001
 
 
Dec 19, 2005 Feeding the brand: New adventures in podcasts, RSS, ring tones and digital radio -- Nick Wreden
  Podcasts, RSS, ring tones and digital radio offer endless ops to communicate the brand in the 21st century.
   
 
Dec 5, 2005 Can Americans Do It Better? -- Vincent Grimaldi de Puget
  Why is it so hard for the Detroit manufacturers to get it right? A little bit of brand management could drive GM a long way down the road of solvency.
   
 
Nov 21, 2005 Capturing young minds with compelling content -- Nic Jones
  Developing an active relationship with your young market means creating engaging content.
   
 
Nov 7, 2005 Does your brand have hand? -- Karl Treacher
  The quickest way to lose loyalty? Offer to do whatever it takes to please the customer.
   
 
Oct 24, 2005 Tragedy Has a Language All Its Own -- William Lozito
  Words can be as powerful as a natural disaster, or would that be tragedy? A look at the descriptive power of words.
   
 
Oct 10, 2005 Choosing a Powerful Brand Name -- Tom Blackett
  In the top 100 global brands, family names are the most prominent. What can we learn about naming from looking at the top 100 brands in the world?
   
 
Sep 26, 2005 Protecting Your Trademark Far from Home -- Cassiano Golos Teixeira
  Managing a mark across global markets can be tricky and costly.
   
 
Sep 12, 2005 Hip-Hop Culture Crosses into Brand Strategy -- Joseph Anthony
  Big corporations cross over to cash in on the hip-hop craze sweeping the US.
   
 
Aug 29, 2005 Nurturing a brand strategy in retail operations -- Linda Anderson
  How can a brand help nursery and garden retailers reap rewards?
   
 
Aug 15, 2005 Goodwill Hunting: Financial Value of Marketing & PR -- Doug Albertson
  The value of goodwill in gaining return on your marketing investment.
   
 
Aug 1, 2005 Marketing Metrics and Package Design -- Ted Mininni
  How can a good package help deliver return on investment?
   
 
Jul 18, 2005 China shops for new US export: global brands -- Carl D. Howe
  Lenovo buys IBM's PC business, Haier bids on Maytag and CNOOC bids for Unocal. China is on a shopping spree for US brands.
   
 
Jul 4, 2005 The Value of Technology in Managing Brands -- Kent St.Vrain
  Can the technology platforms used by finance and operations help marketers too?
   
 
Jun 20, 2005 Miss Silverbird International: Brand extension or brand arrogance? -- Uche Nworah
  Miss Silverbird International competes on the crowded stage of world beauty pageants.
   
 
Jun 6, 2005 Can Automakers Make Us Dream Again? -- Vincent Grimaldi de Puget
  The real strategic issue is that young grads dream of Silicon Valley rather than Detroit. GM and Ford not only compete with Toyota and Renault, but also with Google and Pixar.
   
 
May 23, 2005 Attracting Consumers through Package and Product Innovation -- Satkar Gidda
  Those that have the courage to innovate will sweep the board over the “me too” brands.
   
 
May 9, 2005 Overpowering the Brand Cynic -- Maureen P. Wall
  Overcoming the cynics among your ranks.
   
 
Apr 25, 2005 Can China’s heritage brands be saved? -- Doris Ho
  Can China’s heritage brands compete against tough international goods and services?
   
 
Apr 11, 2005 In Pursuit of Brand Loyalty -- Jean-Léon Bouchenoire
  Do customers lack loyalty or have brand owners betrayed their brand promise? Demonstrated by examples from the car industry and fashion houses.
   
 
Mar 14, 2005 Open Source Branding: Invite customers in -- James Campbell
  Brands should drop the subtle psychological bullying and try genuinely interacting with their audience.
   
 
Feb 28, 2005 A human operating system for your brand -- Jean-Claude Saade
  Customer relationship management: In defense of an honest relationship with consumers.
   
 
Feb 14, 2005 Beyond Royalty Revenue: Measuring ROI from licensing -- Stephen R. Reily
  In an era where accountability for marketing resources is at an all time high, how should we measure the full range of benefits from licensing.
   
 
Jan 31, 2005 If marketing is not important to you, what is? -- Vincent Grimaldi de Puget
  A combination of strategic and organizational approaches to marketing is central to competitiveness and survival.
   
 
Jan 17, 2005 Kids’ Brands: Staple, fad, craze or classic? -- Nic Jones
  An appeal for categorizing kids’ products by distinctions between fads and classics.
   
 
Jan 3, 2005 Would you buy polluted water? Reflections on brands and sustainable development -- Vincent Grimaldi de Puget
  Is sustainable development good business sense? From junk food to environmental ruin, many brands are laughing in the decline of our planet and mankind.