Business Branding imperatives for a new paradigm:
Three business branding principles.
Take a holistic approach.
Listen and learn from the marketplace.
Engage customers in the dialogue with the brand.
Provide unique brand characteristics.
Speak in a different kind of voice.
Develop long-term customer value.
Use a new set of market drivers.
 

If you're having trouble getting customers and prospects involved in your brand, you're not alone.

The conventional methods for developing brands are so old-fashioned, inward-looking and aspirational they don't fit with what's going on. And what's going on is nothing short of a revolution in business communications.

In this new paradigm, conventional, inside-out branding methods couldn't be more full of it if they were Porta-Potties at a Lollapalooza festival.

Brand blasphemy
It's a whole new world out there.

Products are no longer sold. They are bought.

That's because your customers and prospects now control not only the communications and information gathering process, they pretty much control the purchase process itself.

As a result, they determine what constitutes value in the things they buy.

Along with enabling speed, technology and connectivity, they're also redefining value beyond products and services to offerings that fuse both with information and emotional assurance to create new kinds of brand equity.

What's wrong with this picture?
Yet with all the shifting, the way brands are developed hasn't changed.

You know the scenario: Brand consultants sweep in, interview 50 senior managers and everybody with a "c" in their title, four good customers, no prospects and few if any front-line employees or stakeholders.

The net result is usually a logo, a theme line, a truckload of PowerPoint printouts, a lot of incestual information and very little insight into how the brand is or can be of value to different market groups and customers.

Oh yeah, the market
You remember the market? That's where they actually buy or choose not to buy the brand. That's where the brand actually generates income flows and long-term assets. And now that customers and prospects are in charge of the purchase process, it's the source of brand leverage.

Beware of consultants bearing Band-Aids
Which is exactly why the old-paradigm approach to branding doesn't work anymore in business markets. Because its communications output is so broad, general and inward-looking it isn't relevant enough to customers' and prospects' buying needs to resonate with them.

In fact, your customers' and prospects' needs have about as much chance of being served by this old-paradigm approach as a loud Texan does by a French waiter.

That's why the world has been treated to such compelling business branding ideas as, "we work with you." Or how about, "behind every company." And of course that highly distinctive, "innovative, integrated solutions partner."

These are just few of the themes developed by conventional branding approaches that we've been asked to make meaningful in some way to the market.

So here's your first clue
If you've got to translate your stated brand promise to make it meaningful to customers' and prospects' needs and values when they make a buying decision, you've got a problem.

And when customers and prospects control things, you've got a problem so deep, dark and black it could suck all the light out of Las Vegas and still have enough black left over to provide a lifetime supply of turtlenecks to the Yale English Department.

Whether you're building a new brand, repositioning an existing brand or trying to make an old brand work better in a new business environment, we have a suggestion.

Start with the market
Consider an approach that revolves around customer and prospect perceptions from the very beginning. And then use that point of view to align employee expectations as well as management's vision.

You can get an idea of how your branding efforts are performing on these dimensions by taking our interactive brand self-exam.

Eight things to consider
If you want to increase the power of your brands in this new paradigm, you might want to take a closer look at eight business branding imperatives. Just click on them to get more information.

1. Accept and understand three brand principles that can be applied to market shifts to make brands resonate in the marketplace where buying decisions are being made.

2. Take a holistic communications approach (we call it Integrated Business Branding) that incorporates the customer's and prospect's voice into the brand and aligns the organization to deliver the brand in the same way customers and prospects view it.

3. Listen to the marketplace to determine what is important to customer and prospect segments and how your brand is compared to competitive brands.

4. Build methods for engaging customers and prospects in dialogue with the brand.

5. Provide unique brand characteristics that are not included in traditional branding but are required for business brands to thrive in a new market/ communications paradigm.

6. Develop a fundamentally different kind of brand voice to communicate the brand.

7. Develop long-term customer value relationships that migrate buyers to brand advocates by circulating the voice of the customer back into all levels of the company.

8. Use a new set of market drivers for this new business paradigm that are different from the traditional "4 P's."

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