Leveraging Your Most Important Asset: 10 Things You Need To Know About Branding SUNY CUAD Elizabeth Scarborough 13 June 2007 www.SimpsonScarborough.com #10: Branding is more than what you do to a cow DEFINITION OF BRAND • The sum total of all associations made with your institution • Including the good, the bad, and, possibly, the ugly DEFINITION OF BRANDING • The process of influencing those associations www.SimpsonScarborough.com Your logo, visual identity, and/or marks are simply reflections of your brand. #9: Effective brand strategy development begins with research • Research can be qualitative or quantitative “The more you engage • Research objectives: with customers, the – Provide insight into differentiators clearer things become – Establish existing brand associations and the easier it is to determine what you – Establish “year zero” benchmarks against which future progress can be measured should be doing.” – Allow for testing of reactions to possible positionings John Russell, President, Harley-Davidson • Example: Alumni Association of the U of MI Existing • Non-descript • Traditional • Old, not diverse • Out of touch • Athletics • Fundraiser Desired • Fun • Young at heart • Active • Involved • Exciting/relevant • Cool www.SimpsonScarborough.com #8: Differentiation is the key to your brand “Your premium brand had • PRIMARY: attribute on which your institution is different than MOST better be delivering something • SECONDARY: attribute on which your special, or it's not going to get institution is different than MANY the business.” • You are not different because you offer personal attention Warren Buffett Secondary Attribute Primary Attribute Price Service Product Price Service X Dell Geico Craftsman Tools Saturn Wal-Mart Suave X Circuit City Continental Airlines Experience Honda Nordstrom Singapore Airlines Access Dollar General Priceline.com American Express Product Target Staples Maytag The Home Depot Gucci X Williams-Sonoma Pier 1 Tumi Sony Frito Lay Source: The Myth of Excellence, Crawford and Mathews www.SimpsonScarborough.com Experience Chuck E. Cheese Gateway Southwest Airlines Four Seasons Peapod Nike Stores BMW Access Avon Tide McDonald's Gerber Amazon.com CNN X AOL Hallmark Starbuck's Marlboro X #7: Your brand position needs to be welldocumented • You need a formal, written positioning statement • The positioning statement is not a tagline and is not used externally; it is an internal statement which provides focus for your marketing efforts • Possible formats: – The only university with __________ – The best __________ – The #1 __________ – The __________est __________ – The __________ university • Miller Lite: – Positioning statement: Miller Lite is the best tasting, lower calorie beer – Tagline: "Less filling...tastes great " www.SimpsonScarborough.com The litmus test for positionings: 1. Is it true? 2. Is it easy to understand? 3. Does it differentiate? 4. Is it expressed the way people will express it in their own minds, their own words? #6: Branding and integrated marketing go hand in hand • You can’t do one if you aren’t doing the other “Long-term brand • “Integrating” means bringing consistency to the equity and growth messaging and approaches you are using with all depends on our your audiences ability to successfully • Organizational structure is the biggest barrier to integrate and integration implement all • Why do it? elements of a – Because your institution is probably comprehensive wasting a lot of money and time on marketing program.” duplicated efforts – Because your fragmented, isolated Timm F Crull, strategies are probably not penetrating Chairman & CEO of – Because you are likely missing many Nestle opportunities to – Because you can’t afford not to www.SimpsonScarborough.com #5: Your brand may have sub-brands (1 of 3) • People will argue one unified brand does “A house of brands not apply to their *portion* of your is like a family, each institution needs a role and a • This is simply not true; there is a thread relationship to that holds all of your institution’s pieces others.” together Jeffrey Sinclair, • But, sub-brands, may exist and need to Brand Strategist be defined • The sub-brand must operate under, and jibe with, the over-arching brand www.SimpsonScarborough.com #5: Your brand may have sub-brands (2 of 3) Do you want a “house of brands?” Consider this in terms of marks but also in terms of messaging and positioning. www.SimpsonScarborough.com #5: Your brand may have sub-brands (3 of 3) Or, do you want a “branded house?” www.SimpsonScarborough.com #4: Branding must involve your entire campus community (1 of 2) • You may be responsible for promoting your brand, the rest of your campus is responsible for: – – – – Living up to it Reinforcing it in every interaction Making it tangible Making strategic business decisions to reinforce it • You can’t expect your campus to reinforce the brand strategy if they weren’t involved in creating it www.SimpsonScarborough.com “A brand is a living entity - and it is enriched or undermined cumulatively over time, the product of a thousand small gestures” Michael Eisner, CEO Disney #4: Branding must involve your entire campus community (2 of 2) Wilkes also: 1. Engaged in a massive campus-wide effort to discuss and explore the Wilkes University implemented a hugely successful, awardconcept of mentoring winning campaign that has received 2. Established measures of mentoring success national attention (including the mentoring NY Times) built around the concept of 3. Identified existing activities mentoring. 4. Mapped mentoring activities in relation to each other and other aspects of the learning experience 5. Identified gaps, conflicts, and opportunities for collaboration 6. Benchmarked best practices of mentoring organizations 7. Designed and implemented a system for integrating mentoring practices into the student experience 8.Billboard Trained faculty and staff on mentoring principles Billboard Theatre Slide Table Tent Mall Kiosk www.SimpsonScarborough.com #3: Branding is a “process” not a “project” (1 of 2) Four Core Disciplines of Branding Brand Strategy Brand Identity Brand Mgmt Source: AllAboutBranding.com www.SimpsonScarborough.com Brand Experience #3: Branding is a “process” not a “project” (2 of 2) Messaging Offerings & Architecture Market Logo Customers Brand Identity Personality Category & Position Promise & Experience Products & Services Brand Mgmt PR & Events Brand Experience Personal Interaction Assets Tagline Environments Planning Design System Name Brand Strategy Company Tools Training & Adoption Advertising Print Materials Monitoring & As’ment Source: AllAboutBranding.com www.SimpsonScarborough.com Evolution #2: Your brand must be tangible to your audiences • Leadership – Formal leadership program – Leadership workshops for faculty AND students • Environmentalism – Commitment to recycling on campus – Support environmental causes – Bring environmental speakers to campus • Service – Multitude of options for participating in service activities – Emory student just gave $20,000 award to charity • Internationalism – Study abroad like no other – Significant efforts to attract international students – Campus communication/debate about internal events www.SimpsonScarborough.com #1: You have a brand, but you may not be in control of it • Your institution stands for *something* • It may not be what you want it to be • If you are not in control of your brand, it is likely defined by your customers (current, potential, and former) and/or your competitors • Engaging in branding will help you get in the driver’s seat with your brand www.SimpsonScarborough.com “Success means never letting the competition define you. Instead you have to define yourself based on a point of view you care deeply about.” Tom Chappell, Tom's Of Maine