Three Levels of Brand Values

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I submit to you that there are three levels of brand values.

Level 1 – “No Values”

Here, you’re saying, “Values are irrelevant – profit is what we’re here for.”  You don’t think about your Why; you’re focused on your What and your How. 

It’s unimaginative, but at least it’s honest.  If you’re up-front about your desire to relieve me of some of the money in my wallet, I can work with you on those terms.

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Marketing in the Time of Coronavirus

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Last week, I joined a client for a virtual brainstorm.  The focus: Our marketing next steps in these trying times.

We established a rule up-front: For an idea to move forward, it has to serve our customers.  In other words, if it benefits only us, it does not advance.  It goes to either the “rework” or “trash” pile.

This is a good rule for new ideas in general.  Two decades ago, Doug Hall and his team at Eureka! Ranch found that new-product concepts with a high level of “overt benefit” outperformed concepts with a low level by 3:1.

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Of Sparkling Water and Hockey Pucks

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Sparkling water costs pennies per can to produce.

If you knew this fact only, and you were in the sparkling water business, you might reasonably conclude:

  • Others are going to want a piece of this profitable market.
  • Some of them have been canning fizzy water for decades, and they’re damn good at it.
  • Some of them have very deep pockets.
  • Some of them are going to innovate.

What happens?

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If Nothing Else, Start With Respect

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“Manipulating the masses into buying stuff they don’t need!  That’s what I do!  That’s marketing!”

That’s an actual quote I once heard from a marketing director.  This was during an inventing session, the goal of which was to create new products that would make his customers (in other words, people) happier.

I’ve also been in a conference room when an executive flat-out called his customers (also people) “stupid.”

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