How to find your brand’s big idea">How to find your brand's big idea

How to find your brand’s big idea

Posted on Leave a commentPosted in How to Guide for Marketers

Organize everything you do around your brand’s big idea

With today’s consumers being bombarded with 5,000 brand messages a day, the first 7 seconds that a consumer is exposed to a brand is a make-or-break moment. The brand must captivate the consumer’s mind quickly or the consumer will move on. The brand must be able to entice consumers to find out more and then motivate consumers to see, think, feel or act in positive ways that benefit the brand. I will show you how to develop a big idea that serves as the brand’s 7-second sales pitch. The Big Idea must be interesting, simple, unique, inspiring, motivating and own-able. The backbone of the Big Idea is the brand positioning that speaks to whom your brand will serve and what consumer benefits the brand will provide. To stand out within the clutter, smart brand positioning must establish your brand as better, different or cheaper. Otherwise, your brand will not be around for long.

How to find your brand's big idea

As much as people have a hard time matching up their inner motivations with their outward projection of their own personal reputation, a brand faces a similar challenge in matching up the inner thoughts inside the brain of the organization behind the brand with the outward brand reputation owned within the minds of their consumers. In psychology, there are three constructs to the brand personality, the ego, the id and the super ego. In our brand apparatus, the brand soul is used to express the inner thoughts of the brand that defines ‘what you want your brand to be’. The brand reputation is ‘what consumers think of you’ which is the outward view of the brand that resides within the minds of consumers. As the ego of the human mind works to regulate the id and super ego, the brand’s big idea serves as the stabilizer between the inner motivations of those behind the brand and the outward projection. In a stabilizer role, the big idea must adjust to the actual reputation, yet send signals to steer the consumer’s mind towards a desired reputation that exists within the brand soul. A brand finds its equilibrium when the brand soul, brand reputation and big idea are the same.

How to find your brand's big idea

How to find your brand’s big idea

Your big idea that becomes your 7-second pitch. I created the Big Idea Blueprint so you can define your brand’s Big Idea. How it works is you start by brainstorming the 5 areas that surround the Big Idea. On the internal Brand Soul side, you have to describe the products & services as well as the internal beacon that drives everyone who works on the brand. On the external brand reputation side, describe the ideal consumer reputation and the influencer/partner reputation. Then look at the brand role, as the enabler to bridges the internal and external sides.

How to find your brand's big idea

  1. Products and Services: What is the focused point of difference that your products or services can win on, because they meet consumer needs, and separates your brand from competitors?
  2. Consumer Reputation: What is the desired reputation of the brand, that attracts, excites, engages and motivates consumers to think, feel and purchase your brand?
  3. Internal Beacon: What is the internal rallying cry that reflects your brand’s purpose, values, motivations helping inspire, challenge and guide the culture? These words should come from your brand’s soul.
  4. Influencer Reputation: Who are the key influencers and potential partners who impact the brand? What is their view of the brand that would make them recommend or partner with your brand?
  5. Brand Role: What is the link between the consumer and the brand, reflecting the way the brand services, supports and enables the consumers to make the most out of your brand? The brand role links the internal and external sides.

Big Idea Brainstorm

With a cross-functional team that works on the brand, start the brainstorm by exposing them to all the work you have done on the brand positioning statement, including details on the target profile, brand benefits ladder work and the benefit sort work. Ask the participants to bring their knowledge, wisdom and opinions from where they sit within the organization. Start with a brainstorm of each of the 5 areas, with 15-20 key words that describe each section. Start with the products and services and brand reputation. Then, move down to the Internal beacon and influencer reputation. Once the 4 sections are complete, brainstorm 15-20 words to describe the brand role.How to find your brand's big idea

Next, vote to narrow down the list to the best 3-4 words for each section. You will begin to see a focus around certain themes and key words. Then divide your large group into mini groups and give them the task of taking the winning words and building phrases that summarize each section. Most importantly, this process will help the team move towards alignment.

How to find your brand's big idea

With all five areas complete, hopefully the team will feel inspired to use their creative energy to come up with the Big Idea, as a summary statement that captures everything you have just worked on. Try to get a few different versions of the Big Idea that you can continue to play with after the meeting. Keep pushing until you have a clearly focused big idea that bridges the internal brand soul and the external brand reputation. Equally, consumers and your internal staff should feel that it fits with where you want the brand to go.

How to find your brand's big idea

Organize Everything Around the Brand’s Big Idea

The big idea should guide everyone who works behind the scenes of the brand. Brand Leaders must manage the consistent delivery of the big idea over 5 consumer touch-points, including the brand promise, story, innovation, purchase moment and consumer experience. Whether in management, customer service, sales, HR, operations an outside agency, everyone should be looking to the big idea to guide and focus their decisions.

How to find your brand's big idea

  • Brand Promise: Use the Big Idea to inspire a simple brand promise that separates your brand from competitors, to project your brand as better, different or cheaper, expressing the brand’s positioning.
  • Brand Story: The brand story must come to life to motivate consumers to think, feel or act, while influencing the brand’s reputation that is held in the minds and hearts of the consumer. The story should align all brand communications across all media options.
  • Innovation: Build a fundamentally sound product, staying at the forefront of trends and technology to deliver innovation. This helps steer the product development and R&D teams to stay true to the Big Idea.
  • Purchase Moment: The Big Idea must move consumers through the brand funnel to make the final purchase decision. This helps steer the sales team and sets up retail channels to drive towards the sale.
  • Consumer Experience: Turn the usage of your product into a consumer experience that becomes a ritual and favorite part of the consumer’s day. The Big Idea guides the culture and everyone who work behind the brand, to deliver amazing experiences.

How to find your brand's big idea

 

To read more about brand positioning, here is our workshop that we run to help brands define themselves.

Beloved Brands: Who are we?

At Beloved Brands, we promise that we will make your brand stronger and your brand leaders smarter. We can help you come up with your brand’s Brand Positioning, Big Idea and Brand Concept. We also can help create Brand Plans that everyone in your organization can follow and helps to focus your Marketing Execution. We provide a new way to look at Brand Management, that uses a provocative approach to align your brand to the sound fundamentals of brand management. 

We will make your team of Brand Leaders smarter so they can produce exceptional work that drives stronger brand results. We offer brand training on every subject in marketing, related to strategic thinking, analytics, brand planning, positioning, creative briefs, customer marketing and marketing execution. 

To contact us, email us at graham@beloved-brands.com or call us at 416-885-3911. You can also find us on Twitter @belovedbrands. 

Graham Robertson Bio Brand Training Coach Consultant

 

Are you treating your best customers better than your average customers? You should be.">Creating Beloved Brands

Are you treating your best customers better than your average customers? You should be.

Posted on Leave a commentPosted in How to Guide for Marketers

I always ask this brand leaders this question, and I rarely get the right answer.

Unfortunately I usually hear, “No, we all our customers the same”or “Our system does not really allow us to treat customers differently or “We have never thought like that”.

My 19 year-old daughter, who is waitressing while going to University intuitively knows she should treat her regular customers better than everyone else. She knows it leads to bigger tips!  Then why don’t marketing professionals do it?

Are you crazy? You should be treating your best customers better. They are your “regulars”.

As a consultant, I have been lucky to travel many times around the world. I have accumulated millions of points for Air Canada. I even have the Visa Card that collects points for Air Canada. While they are a better airline than United or Delta, I can safely say that I am not treated any better than the average Air Canada passenger. Now, as a Canadian, I am relatively stuck. Or as I say sometimes, “I am in points prison” which means I have collected so many points now, that it is hard to quit the program, even if I desperately want to. Last year, after one more frustration with Air Canada, I finally asked one of their representatives “So what do I get for being such a loyal customer?” And her answer floored me: “Sorry sir, we treat all our customers the same”.

I started to wonder: So I collect all these miles so I can go on free trips with an airline that I tend to hate. Maybe I am the crazy one.

Old-school marketing no longer works

The old logical ways of marketing no longer work in today’s world. These brands feel stuck in the past talking about gadgets, features and promotions. They will clearly be ‘friend-zoned’ by consumers, to be purchased only when the brand is on sale. The best brands of the last century were little product inventions that solved small problems consumers did not even realize they had until the product came along. Old-school marketing was dominated by bold logos, catchy jingles, memorable slogans, side-by-side demonstrations, repetitive TV ads, product superiority claims and expensive battles for shelf space at retail stores. Every Marketer focused on how to enter the consumer’s mind. Marketers of the last century were taught the 4P’s of product, place, price and promotion. It is a useful start, but too product-focused and it misses out on consumer insights, brand promise, emotional benefits and consumer experiences. The Crest brand knew their “Look mom, no cavities” TV ads annoyed everyone, but knew it stuck in the consumer’s brain. No one cared how nice the Tide logo looked, as long as it stood out on a crowed grocery store shelf. The jingle “Plop, plop, fizz, fizz, oh what a relief it is” was repeated often to embed itself in the consumer’s memory bank. The side-by-side dish detergent ad showed spots on the wine glass of a competitor, just to shame consumers into using Cascade. Brands that continue to follow a logical play only, will fail miserably in today’s emotion-driven marketplace.

Creating Beloved Brands

The purchase funnel is now circular

Old School was just about getting consumers into the purchase funnel and let the rest of the people in the organization satisfy them. Knowing some consumers would fall out of the funnel, our role was to keep getting more and more people into that funnel. The new purchase funnel is a circle, where the biggest brand fans drive awareness and consideration for that brand. The best brand needs to find ways to create such happy moments for these influential ‘brand lovers’ that will make them want to tell everyone in their network. Instead of just yelling to everyone at the top of the purchase funnel, you should be whispering to your most loyal brand fans, so they whisper to their friends.

Creating Beloved Brands

Brands need to build a passionate and lasting love with their consumers.

How can brand leaders replicate Apple’s brand lovers who line up in the rain to buy the latest iPhone before they even know the phone’s features, the Ferrari fans who paint their faces red every week, even though they know they will likely never drive a Ferrari in their lifetime, the ‘Little Monsters’ who believe they are nearly best friends with Lady Gaga, the 400,000 outspoken Tesla brand advocates who put $1,000 down for a car that does not even exist yet or the devoted fans of In-N-Out Burger who order animal-style burgers off the ‘secret menu’ that no one else knows about? Every brand should want this type of passion and power with their consumers. It takes a smart strategy to balance the rational and emotional management of the brand-to-consumer relationship. Yes, these brands are all special. What makes them so special is how well they treat their most loyal consumers. They make them feel loved.

The consumers of today must be cherished and ‘won-over’. Consumers are surrounded by a clutter of 5,000 brand messages a day that fight for a glimpse of their attention. That is 1.8 Million per year, or one message every 11 waking seconds. Consumers are constantly distracted—walking, talking, texting, searching, watching, replying—most times at the same time. They glance past most brand messages all day long. Their brain quickly rejects boring, irrelevant or unnecessary messages. Brands must capture the consumer’s imagination right away, with a big idea that is simple, unique, inspires and creates as much excitement as a first-time encounter.

Consumers are tired of being burned by faulty brand promises. Once lied to, their well-guarded instincts begin to doubt first, test second, and at any point, they will cast aside any brand that does not live up to the original promise that captured them on the first encounter. A brand must be worthy of love. The best brands of today have a soul that exists deep within the culture of the brand organization. The brand’s purpose must be able to explain why the people who work behind the scenes of the brand come to work everyday so energized and ready to over-deliver on the brand’s behalf. This purpose becomes an immovable conviction, with inner motivations, beliefs and values that influences and inspires every employee to want to be part of the brand. This brand conviction must be so strong; the brand would never make a choice that is in direct contradiction with their inner belief system. Consumers start to see, understand and appreciate the level of conviction with the brand.

Brands must listen, observe and start to know the thoughts of their consumer before they even think it. Not only does the brand meet their functional needs, the brand must heroically beat down the consumer’s ‘enemy’ that torments their life, every day. The brand must show up consistent at every consumer touch-point, whether it is the promise they make, the stories they tell, the innovation designed to surprise consumers, the happy purchase moments or the delightful consumer experiences that make consumers want to tell their friends about. The consumer keeps track in the back of their mind to make sure it all adds up before they commit. Only then, will the consumer become willing to open up and trust the brand. The integrity behind the brand helps tighten the consumer’s unshakable bond with the brand. Brands have to do the little things that matter, to show they love their consumer. Every time the brand over-delivers on their promise, it adds a little fuel to the romance each and every time. Over time, the brand must weave itself into the most important moments of the consumer’s lives, and become part of the most cherished stories and memories within their heart.

The pathway to brand success comes from building relationships with consumers

The best brands of today engage in a strategy that follows a very similar path to the rituals of a courtship. Through the eyes of consumers, brands start as complete strangers and if successful, they move into something similar to a trusted friendship. As the consumer begins to open up, they allow their emotions to take over and without knowing, they begin to love the brand. As the brand weaves itself into the best moments of the consumer’s life, the consumer becomes an outspoken fan, an advocate and one of the many ‘brand lovers’ who cherish the brand. From the strategic mind of the marketer, this follows a very similar pattern to the strategies of a successful courtship. The brand could move into a position where the consumer sees it as a forever choice.

To replicate how brand building matches up with the building of a relationship, I created the Brand Love Curve, as consumers move through five stages that includes unknown, indifferent, like it, love it and onto the beloved brand status.

It takes a strategic mind to figure out brand love
I first came up with the idea when I ran a marketing department with 15 different brands that exhibited various degrees of success. Honestly, it w as hard for me to keep track of where each brand stood. I did not want to apply a one-size-fits-all type of strategy to brands who had dramatically different needs. I could have used some traditional matrix with market share versus category growth rates, or stuck with revenue size or margin rates. But every day on the job, I came back to the idea about how tightly connected the specific brand was with their consumer. I could clearly see that those brands that delivered a stronger bond with their consumer outperformed those brands that did not have that kind of connection. I wanted a unique way I could map out the level of emotional bond between brands and consumers.

Creating Beloved Brands

The Brand Love Curve helps make strategic choices

I started to see how the Brand Love Curve influenced the strategic choices that will create success for the brand. For ‘unknown’ brands, the strategic focus should be to stand out so consumers will notice the brand within a crowded brand world. For ‘indifferent’ brands, the strategy must establish the brand in the consumer’s mind so they can see a clear point of difference. At the ‘like it’ stage, the strategy is to build a trust with each happy, and find ways for consumers to connect to the brand emotionally in ways that motivate them to buy and want to be part of a movement or a following. At the ‘Love It’ stage, the focus shifts to tug at heartstrings that will tighten bonds with the most loyal brand fans. At the ‘Beloved’ stage, the strategic challenge is to create outspoken loyal fans, which will whisper to their friends on the brand’s behalf.

Creating Beloved Brands

The Brand Love Curve can also inspire how you write your annual brand plan, with an inspirational emotional brand vision and purpose to guide the team, or the selection of strategies that are suited to where the brand sits on the curve. Here are 20 potential brand strategies that you should focus on, based on where your brand sits on the curve.

Creating Beloved Brands

The tighter the bond you can create with your consumers, the more power and profit you can generate for your brand.

 

To learn more, here’s a presentation on how to create a beloved brand:

Beloved Brands: Who are we?

At Beloved Brands, we promise that we will make your brand stronger and your brand leaders smarter. We can help you come up with your brand’s Brand Positioning, Big Idea and Brand Concept. We also can help create Brand Plans that everyone in your organization can follow and helps to focus your Marketing Execution. We provide a new way to look at Brand Management, that uses a provocative approach to align your brand to the sound fundamentals of brand management. 

We will make your team of Brand Leaders smarter so they can produce exceptional work that drives stronger brand results. We offer brand training on every subject in marketing, related to strategic thinking, analytics, brand planning, positioning, creative briefs, customer marketing and marketing execution. 

To contact us, email us at graham@beloved-brands.com or call us at 416-885-3911. You can also find us on Twitter @belovedbrands

Graham Robertson Bio Brand Training Coach Consultant

 

Non-Marketing people really need to stop defining what marketing people do.

Posted on Leave a commentPosted in Beloved Brands Explained

I suppose that everyone who has a TV and can critique Super Bowl ads or those with a Twitter account thinks they can now say they are a marketer expert. Sadly, we have let far too many people use the word “MarketingMarketing”or “Brand” in their title. The commentary that I see coming from non marketers is borderline cringe-worthy or hilarious. I have to tell you that the comments are silly.

  • When I read, “Marketers need to think more about the consumer” I think you’ve never met a real marketer. The best marketers starting doing that around 1915. I guess somehow this is now popular among non-marketers.
  • When I hear,  “Marketers should analyze data”, again, I’m thinking what incompetent marketers have you been hanging around with. That’s been a major part of the job since 1950. Sure, big data. But I have been working any data from share report data to Ipsos tracking data to weekly Walmart sales tracking data.
  • When I read, “The CEO should be in charge of the brand”, I think “Well then the CEO should be in charge of the IT system”. Sure, in charge, but they should be smart enough to delegate to the experts who will make their brand stronger. From my experience, the best marketing led organizations have bottom up recommendations, empowering the brand manager to tell their directors what they want to do, who then support them in moving that up to the VP and President. The worst organizations are when the CEO walks down the hall and asks “Why are we not on Instagram? My 15-year-old daughter was just showing me how cool it is this weekend”. This is likely the reason why the average tenure of a CMO is under 24 months at this point. They are likely sports coaches, hired to be fired, by the impatience of getting results.
  • When I hear, “Marketing needs to be more than just advertising” once again, you just don’t understand the job….typically advertising is 10-15% of the job.The best marketers determine the strategy, figure out the brand promise, brand communication, product innovation, purchase moment and consumer experience…they touch all, decide all, but they let their experts run each of those touch points.

Marketers don’t just “do marketing”.

I am glad so many want to be in Marketing. But you really should have to earn your way into it. Go interview for a job, get rejected a few times, push to really get in there and then learn like ton for a few years. I spent 20 years in marketing. I could not believe how much I learned  in my first five years, then even more in the next five, then way more in the following five and absolute insane amount in those last five years. I’ve now been a consultant for over five years and I swear I know twice as much as I learned in the first 20.

Marketing is not just an activity. The best marketers have to think, define, plan, execute and analyze, using all parts of your brain, your energy and your creativity.

OK, my rant is over.

 

To learn more, here’s a presentation on how to create a beloved brand:

Beloved Brands: Who are we?

At Beloved Brands, we promise that we will make your brand stronger and your brand leaders smarter. We can help you come up with your brand’s Brand Positioning, Big Idea and Brand Concept. We also can help create Brand Plans that everyone in your organization can follow and helps to focus your Marketing Execution. We provide a new way to look at Brand Management, that uses a provocative approach to align your brand to the sound fundamentals of brand management. 

We will make your team of Brand Leaders smarter so they can produce exceptional work that drives stronger brand results. We offer brand training on every subject in marketing, related to strategic thinking, analytics, brand planning, positioning, creative briefs, customer marketing and marketing execution. 

To contact us, email us at graham@beloved-brands.com or call us at 416-885-3911. You can also find us on Twitter @belovedbrands

Graham Robertson Bio Brand Training Coach Consultant

Six questions to ask before you start your brand’s Media Plan">Media Plans

Six questions to ask before you start your brand’s Media Plan

Posted on Leave a commentPosted in How to Guide for Marketers

Media is a business investment that showcases the creative execution of your brand story to help connect your brand with consumers at the most impactful where consumers are willing to engage in your brand story. Balance your media choices by looking at efficiency, quality, impact and fit with the brand. The efficiency of the media math starts with reach and frequency. Reach is the number or percent of different household or persons the ad will be exposed to at least once, over a specific period of time, while frequency is the number of times that household or person is exposed to the ad within a specific period of time. Be careful relying on efficiency alone, balancing the efficiency with the quality of the media choices. Set aside a portion of your media budget and used on driving impact to drive early attention to a new campaign.

Media Plans
Media Planning Questions

  1. What is the size of your budget? Budget is always the starting point to your media planning. The size of your media budget will really depend on your brand’s current profit situation, the projected potential return on investment (ROI) behind your creative execution, the future opportunities to invest behind and the degree of competitiveness you need to defend against. Assess the media ROI by linking your business results directly to the brand funnel results. You can use test markets with various media spend levels to gain the data you need to prove the media investment story. One major factor with media investment is the balance of the fixed overhead costs of producing creative assets versus the variable media costs of reaching consumers. The same thinking would go into the fixed overhead people costs related to content development or social media management. Focus on fewer media choices will ensure the cost of creative resources do not inhibit your ability to reach consumers. Trying to be everywhere drains your resources and just means you will have a low impact everywhere.
  2. What is brand’s core strength? The decision on whether your brand will be story-led, product-led, experience-led or price-led really impacts your brand message and in turn the media choices that will amplify that message. Product-led brands must show why you are better, with a superiority message and media choices that enable you to demonstrate what makes your brand superior. Story-led brands must tell the back-story on what makes your brand different, whether that is an idea, purpose, core belief or a stance, and the media must be able to amplify your story to those consumers will connect with the story. For experience-led brands, you must be able to prove how your people create an experience that is better. This is usually a slower build, in managing influencers, review sites, social media and word-of-mouth to really amplify your brand message that connects to an amazing experience. The price-led brands need to leverage media that can help drive call-to-action brand messaging that fuels the foot traffic needed to push fast-moving items that offset the lower margins.
  3. Where will your consumers engage? Who is your target consumer? Are you looking at a broad mass target or a tight specific target around type of consumer or specific product usage? What are the possible adjacent or related products and services that you can leverage? What part of the consumer’s life will they will watch, listen, learn, engage, decide and act? Your media choices should align with potential related life moment, whether those are parts of the day, week, year or even life moments. Consumers use media for certain reasons, whether to be smarter, stay aware, escape, express themselves, connect with others, go places, buy things or do things. Your brand should align with the brain moods of how your consumer use media, so you match up to where and when they will be most receptive to your brand message.
  4. How tightly connected is your brand with your consumer? As we outlined in the strategic chapter, where your brand sits on the brand love curve should influence your strategic choices, because the more love you can create should drive more power and profit for your brand. I also believe the brand love curve can influence your execution, as unknown brands need media choices to help the brand be seen by the right consumers, indifferent brands need a media choice that will help consumers think about the brand, liked brands should drive happy purchases, brands at the love it stage should use media that helps the consumer feel differently about the brand and brands at the beloved stage should mobilize their brand lovers to influence others within their network.
  5. Where on brand funnel will you exert impact? A brand funnel should match up to how consumers evolve with your brand, moving through awareness, consideration, search, buy, satisfy, repeat, loyal or fans. Knowing what stage of the funnel you wish to impact should drive both the creative message and the media choice. For an unknown/indifferent brand, the focus will be on the early parts of the funnel to drive awareness and move them to consider and buy. At the like it stage, the message and media choices should be driving purchase and repeat purchase. At the love it stage, it becomes about turning repeat purchases into routines and rituals so the consumers become loyal. At the beloved stage, it becomes about turning your fans into influencers that drive awareness for other consumers. The brand funnel is not really a funnel anymore, but a big circle as brand fans do as much to drive awareness among new users as the brand does.
  6. What is the best media option that delivers the creative execution? You really should make media decisions together with your creative. I have found that not all creative ideas work against all media choices, just because the media numbers say they will. This is the reason you should ask to see each creative idea in a TV ad format, long copy print format and billboard. It allows you to see where the creative idea has the biggest potential, and then begin matching those up to the right media choice. Before decide on media, ask to see what the creative ad would look like. Make the decision together.

How to inspire great marketing execution 

We lead workshops to train marketing teams on all types of marketing topics. Here’s the workshop we run on Marketing Execution.  Click on the Powerpoint file below to view:

Beloved Brands: Who are we?

At Beloved Brands, we promise that we will make your brand stronger and your brand leaders smarter. We can help you come up with your brand’s Brand Positioning, Big Idea and Brand Concept. We also can help create Brand Plans that everyone in your organization can follow and helps to focus your Marketing Execution. We provide a new way to look at Brand Management, that uses a provocative approach to align your brand to the sound fundamentals of brand management.

 

 

We will make your team of Brand Leaders smarter so they can produce exceptional work that drives stronger brand results. We offer brand training on every subject in marketing, related to strategic thinking, analytics, brand planning, positioning, creative briefs, customer marketing and marketing execution.

To contact us, email us at graham@beloved-brands.com or call us at 416-885-3911. You can also find us on Twitter @belovedbrands.

 

Graham Robertson Bio Brand Training Coach Consultant

Can Whole Foods survive? I hope so. But, unless they change, I doubt it. ">Whole Foods

Can Whole Foods survive? I hope so. But, unless they change, I doubt it. 

Posted on Leave a commentPosted in How to Guide for Marketers

Would you invest in Whole Foods right now?

I remember 20 years ago, someone told me that Blockbuster would go bankrupt once on-line movies would take off. My immediate response was “No way!!!” I had just spent 45 minutes lined up at my local Blockbuster to rent “Usual Suspects” for the third time. How could a brand with so much demand completely fall off the face of the earth?

Now I am starting to wonder if Whole Foods will be around in 20 years? Strategic Thinking Whole Foods I sure hope so. I am a big fan of their brand and all the work they have done. Whole Foods has been the dominant player in ‘organic’ grocery stores the past 20-30 years. They have done everything right. They brought a clear brand positioning, a big idea, a fantastic culture that oozes off the walls of their stores and exhibited through every employee you engage with in the stores. They nail branding as well as Apple, Tesla or Nike. They built an army of outspoken brand fans and they are a beloved brand.

Would you invest in Whole Foods right now? Their market capitalization has fallen from $24 Billion to $9 Billion the last 2 years. None of their moves have re-assured investors that their future is bright.

Is Whole Foods a victim of their own success? 

For the past 70 years, the average grocery stores have served the local community within a 10 minutes drive, with 20,000 skus across 10 aisle grocery stores. The business model of traditional stores pumped out ridiculously high volumes at ridiculously low margins. At the retailer’s head office, the buyers had to beat down manufacturers like P&G, J&J, Coke, Kellogg’s and Kraft. They pushed high listing fees and high trade spend to get any displays or flyer ads. Even after all this work, Grocery stores traditionally make only 20-25% gross margins and then make only 2-4% operating profits. Over the last 10 years Kroger has averaged 22% gross margins and 2.7% operating margins. These are very typical numbers for a grocery retailer.

Whole Foods started as a rebellious disruptor to the grocery category.

Strategic Thinking Whole Foods Rebel BrandWhole Foods came along and figured out they could sell organic raspberries at $5.99  instead of $2.99 for normal raspberries and they could sell organic bacon for $9.99 instead of 3.99. They knew that not everyone would pay, but enough would. Instead of high volume, low margin, they went for modest volume with a much higher margin. Whole Foods averages 35% gross margins (+13% higher than Kroger) and 5.3% operating profit (double that of Kroger).

Up until the year 2000, Whole Foods only had 100 locations, capable enough to own a niche position as a rebel brand, yet small enough to fly under the radar of the bigger grocery players. If you notice the Venn diagram to the right, rebel brands own a niche that is far enough away from the mainstream players, to avoid being seen as a direct competitor. For these rebel brands, they believe it is better to be loved by a few than tolerated by many. These brands take all that passion of their consumers and build around it. At this point, Whole Foods owned organic, and the traditional grocery stores were fine to let Whole Foods own the ‘yoga enthusiasts’.

Most brands start as a rebel brands. They win over the trend influencers, satisfying those consumers who do not want what the mainstream brands offer. The rebel brand takes the aggressive stance against the mainstream, finding flaw in the way they do business.  They stand out as a completely different and a better choice to a core group of trend influencers who are frustrated with all the competitors in the marketplace. This consumer group becomes the most motivated consumers to buy into your new idea. Rebel brands must bring these on board and use their influence on others, as the brand begins their journey from rebel brands to island brands to challenger brands and then onto the Power Player brand. Below is a chart that outlines that evolution, and you can see how to use the different consumer types from the trend influencers and early adopters at the beginning and then finding the mass audience as the brand gets bigger and more powerful.

Brand Innovation

After 2000, the move to organic foods hit a tipping point of acceptance within the mainstream audience. Whole Foods took advantage of this shift and invested in rapid expansion across North America. Whole Foods moved to the next stage of what I call the “Island Brand” stage, where you are so different you are on your own. For the health-conscience consumers, Whole Foods success left the traditional grocery stores in a position where they disconnected from what these consumers want. During this time, Whole Foods expanded from 100 to 430 stores, with forecasts of up to 1,200 stores. Whole Foods had gone from a niche player that traditional grocery brands were willing to ignore to a major threat that pushed the traditional brands to make a counter move.

Strategic Thinking Whole FoodsAs organic moved to the mainstream the traditional grocery store responded by bringing in organic foods into their stores. Most traditional grocery chains report that 25-35% of their fresh food has become organic. These grocery stores are charging 15-25% lower prices than Whole Foods, yet still loving the added margins it gives them.

Simply marketing lesson, no one will ever travel farther and pay more, for something they can get close by at a cheaper price.

As a result, Whole Foods has lost customers to the traditional players. According to Barclays analysts, “Whole Foods has lost about 14 million of its customers over the last 18 months. The magnitude of the traffic declines … is staggering. As most retailers know — once traffic has been lost, those patterns rarely reverse”. Did Whole Foods move to the mainstream too quickly, trying to use the groundswell towards organic among mass consumers to move to a challenger position?

Whole Foods next move was a dumb one.

The history of warfare can be characterized by Generals who over-reacted and under-reacted. Both would lose. Whole Foods made the poor decision to launch a lower price, lower service, and lower margin version of itself called “365”.  I always find it frustrating to watch brands who face an attack and then try to act more like the competitor attacking them, rather than backing up a bit and being themselves. When in a competitive battle, especially against those who own the traditional space who you have attacked, never act like your competitor. Instead of staying themselves, the move to “365” acts more like their competitors.

I do not believe these 365 stores can win. They are a hybrid store which is confusing. They will not attract the mainstream consumer who want their organic foods at lower prices, but still wants to buy Diet Coke and Frosted Flakes. They will not win with the core health trend influencer audience who want more, not less.

How will the 365 stores make money?  Low volume and lower margins is a recipe for bankruptcy.

If they can’t win the mass audience, do they still have the health trend influencers? 

We are seeing local healthy grocery stores pop up around North America ready to offer the health trend influencers more. Due to “costs” Whole Foods has made some moves that will irritate this audience.  They got rid of their freshly prepared market and now use pre-prepared foods. There are now swirling questions about whether their food choices are 100% organic. Whole Foods uses their own standards of judging good/bad food options. Whole FoodsAlso, Whole Foods uses national distribution on most items, not through local farmers. On top of that, Whole Foods carries fairly mainstream brand choices such as Cliff Bars with 28% sugar or Kellogg’s Special K. This confuses or frustrates the health trend setter segment who do not want to see those types of brands in their grocery store.

This leaves Whole Foods potentially without a positioning to stand behind and without a core audience to build around. When you try to be everything to anyone, you end up nothing to everyone. Whole Foods have lost who they are. They could take the advice of Oscar Wilde who once said: “Be yourself, everyone else is taken”.

The problem I see for Whole Foods is they have been spiraling downward with losing sales base, yet they seem unable or unwilling to make the right changes. I would not invest, would you?  While brands start as rebel brands, no matter what stage your brand reaches, when the world around you collapses, I recommend the best thing a brand can do is return back to the rebel status and re-start their brand. Instead of going mainstream with lower price/lower service options like the launch of their “365 store”, Whole Foods should go back to their rebellious roots and go even healthier, go even more local, add high end services back. Make it a full experience the health trend influencers want. Instead of trying to drive high volume from their current audience, they should add higher margin services. Be more like who they were 20 years ago.

When you lose your way, return to the rebel position and kick-start your brand again.

 

At Beloved Brands, we run a Brand Leadership Center to train marketers in all aspects of marketing from strategic thinking, analysis, writing brand plans, creative briefs and reports, judging advertising and media. To read more on strategy, here is a workshop on How to create beloved brands, click on the Powerpoint presentation below:

Beloved Brands: Who are we?

At Beloved Brands, we promise that we will make your brand stronger and your brand leaders smarter. We can help you come up with your brand’s Brand Positioning, Big Idea and Brand Concept. We also can help create Brand Plans that everyone in your organization can follow and helps to focus your Marketing Execution. We provide a new way to look at Brand Management, that uses a provocative approach to align your brand to the sound fundamentals of brand management. 

We will make your team of Brand Leaders smarter so they can produce exceptional work that drives stronger brand results. We offer brand training on every subject in marketing, related to strategic thinking, analytics, brand planning, positioning, creative briefs, customer marketing and marketing execution. 

To contact us, email us at graham@beloved-brands.com or call us at 416-885-3911. You can also find us on Twitter @belovedbrands

Beloved Brands Graham Robertson

 

 

 

Nail your next next job interview with your 7-second & 30-minute personal brand pitch!">Nail your next next job interview with your 7-second & 30-minute personal brand pitch!

Nail your next next job interview with your 7-second & 30-minute personal brand pitch!

Posted on Leave a commentPosted in How to Guide for Marketers

A typical marketing job interview starts with you waiting in the lobby longer than you wanted. Then the big introduction, the handshake, that awkward small-talk on the way to the tiny little room where all you can think to talk about is the weather or you finding a great parking spot. Then you sit down, and out comes that dreaded question, “So, tell me about yourself”. Oh god well all hate that question. “Ummmm, let me see, I like basketball, walks in the park and I think I’m rather funny, or at least my wife does”. Wow, bad start. Then you get about 8-10 questions that ask “tell me a time when…”. And finally, they end the interview with, “Anything else to add?” Then there is that awkward walk back to the reception desk, where you talk about your plans for the weekend. Then you drive home, and realize that you forgot to mention your 3 biggest career accomplishments.

The problem is you didn’t know how to answer “so, tell me about yourself” because you never know a great way. Well I will show you how. Then you waited defensively on the 8-10 “Tell me a time when….” type behavioral questions everyone is using. You sat there like a game show contestant hoping that examples will miraculously pop into your head at the last minute. Well, I am going to show you how to organize the 10 best things you ever did so that never happens again. And, you were so relieved at the end of the interview, that when they said “Anything to add?” you mistakenly let out a big sigh and said: “No, I think we are good!” That’s no way to end it. This is like the end of the TV ad, where you forget your tagline. Instead, I am going to force you to go for the close with your 7 second pitch again!

Having interviewed about 1,000 marketers over my 20 year career, I can tell you that many of the best marketers in the world kinda suck in job interviews. They forget that when they are looking for their next role….that THEY are now the brand they must be able to market. The same rules apply.

Marketing 101 would suggest that you have to map out your strengths to what they are looking for. Your winning zone is to find that clear difference that matters to employers. Avoid the losing zone where your peers are better than you and the dumb zone where no one cares. Where it is a tie, the risky zone, you can win that through your experience or bringing your values into the mix. But you need to fin your winning zone.

Nail your next next job interview with your 7-second & 30-minute personal brand pitch!

So tell me about yourself: Deliver your 7-second pitch

“As a brand leader, I find growth where others couldn’t, and I create a motivated brand team that delivers great work to drive results”.

Think of this like your 7 second personal brand pitch, where you give a summation of your personal brand’s big idea. Here is a simple tool I have created to help you answer:

  • What is the shortest way that you define yourself.
  • What is the primary benefit you will provide your next employer?
  • What is the secondary benefit you will provide.
  • Then wrap it up with an expected result.

Nail your next next job interview with your 7-second & 30-minute personal brand pitch!

Look at your resume and then start off by brainstorm as many options for each of the 4 areas as you can. This is a great way to assess yourself based on what you have done over the last few years. Make sure your definitions are more forward looking with an aspiration for what you want to be, not what you have been.

Nail your next next job interview with your 7-second & 30-minute personal brand pitch!

Once you get that done, you can then begin to piece it all together and see what your own 7-second pitch might start to look like. Keep tightening that pitch until it flows. In my 20 years of CPG marketing, I became the turnaround guy, so “I could find growth where others couldn’t” became my little hook. What is yours?

Nail your next next job interview with your 7-second & 30-minute personal brand pitch!

Expand your 7 second pitch up to a 30-minute pitch

Once you feel comfortable with your 7 second pitch, take each of those 4 statement areas and try to come up with 2-3 examples and stories from your past that can prove and demonstrate. These examples help define your 30-minute pitch:

Nail your next next job interview with your 7-second & 30-minute personal brand pitch!
Now you have 10 stories you can use to bring into your interview to answer any of the “so tell me a time when…” questions. If these are your best 10, then you should refer to these to help demonstrate your big idea. This is also a great page that you can be looking at when you are sitting in the reception area, just prior to your interview.

So here’s how the interview should go:

  • “So tell me about yourself”: Deliver your 7-second pitch.
  • The 8-10 interview questions: Deliver any of the 10 examples from your 30-minute pitch.
  • “Anything to add?”: Repeat your 7 second pitch as your closing line.

Nail your next next job interview with your 7-second & 30-minute personal brand pitch!

This way, you are now controlling up front how you want to define yourself. All 8-10 examples will help add to that definition. And as you get to the end, you wan to use a 7-second close to re-affirm your big idea.

Later on, as the various interviewers re-group to discuss each person, you hope your big idea sticks in their head. “I really like Bob, because he could turn this brand around. He has done it before. He gets results”.

You can use this 7-second pitch that top of your resume, your descriptor for your LinkedIn profile, your handshake introduction at networking meetings, or within the body of any emails that you send looking for jobs. The more you use it, the more you begin to make this your reputation.

One last tip. If you are in Marketing and can’t think of a safe “what’s your weakness”, I can tell you mine. “I’m not very good at negotiations.” The reason it is safe, is that most marketing jobs don’t really require any negotiations. If you’re reading this and you’re not a Marketer…then I guess your safe answer might be: “I’m not really good at marketing”.

Good luck to you. I hope you get what you are looking for.

At Beloved Brands, we can’t really help you get a job. But once you do land that dream job in Marketing, we can certainly help you succeed. What we do best, is we make Brand Leaders smarter so they can produce exceptional work that drives stronger brand results. We offer brand training on every subject in marketing, related to strategic thinking, analytics, brand planning, positioning, creative briefs, customer marketing and marketing execution.

We can help you come up with your brand’s Brand Positioning, Big Idea and Brand Concept. We also can help create Brand Plans that everyone in your organization can follow and helps to focus your Marketing Execution. We provide a new way to look at Brand Management, that uses a provocative approach to align your brand to the sound fundamentals of brand management.

To contact us, email us at graham@beloved-brands.com or call us at 416-885-3911. You can also find us on Twitter @belovedbrands. And please feel free to add me on LinkedIn.

 

Beloved Brands Graham Robertson

 

 

How good is your marketing team? Find their score.">How good is your marketing team?

How good is your marketing team? Find their score.

Posted on Leave a commentPosted in How to Guide for Marketers

While there are a lot of marketing specialists these days, the best brand leaders should be a generalist, who are strong on analytics, strategic thinking, defining the brand, leading the brand plan and inspiring smart execution. I see it as a continuous cycle, where you analyze, think, define, plan and execute, each time making adjustments based on the marketplace. These are the 5 major elements you need to run a brand.

How good is your marketing team?

 

How good is your marketing team?

Using those 5 major elements, I have broken down each into 4 key skills a marketer must have, for a total of 20 skills. I have provided definitions for you to think about when assessing your own team.

How good is your marketing team?

 

I would encourage you to do a evaluation using our scorecard to see how your team stacks up against your own expectations. This may help you to identify any of the potential gaps on your team, that are lingering in the back of your mind. For each element, try to score your team from 1 to 5, where a score of 5 means they are exceptional at that element, then a 4 means they are very strong, a score of 3 says they are solid performers, a 2 would mean they fall below your own expectations and a 1 means they are unable to perform that skill. Once you have completed the evaluation, you can provide an overall score to identify how well you are doing–unless they score in the 80 or 90% zone they likely need help. Not only that, their performance is likely holding back the performance of your brand.

How good is your marketing team?

How to make your team smarter

Smarter thinking starts with the analytics and strategy choices, that will lead into a smarter definition of your brand and the brand plan  that everyone will follow. Smarter people on your team will lead to better marketing execution that will have a direct impact on your brand’s performance.

How to do brand analytics 

Brand Leaders must be able to turn data into analytical stories that leads to better strategy choices. We show how to build a deep-dive business review on the brand, looking at the category, consumers, competitors, channels and brand.

  • We start with the smart analytical principles that will challenge your thinking and help you gain more support by telling analytical stories through data.
  • We teach you the steps to complete a deep-dive Business Review that will help assess the health and wealth of the brand, looking at the category, consumer, competitors, channels and brand.
  • We show key formulas you need to know for financial analysis.
  • We teach how to turn your analysis into a presentation for management, showing the ideal presentation slide format. We provide a full mock business review, with a framework and examples of every type of analysis, for you to use on your own brand.
  • We show you how to turn your analytical thinking into making projections by extrapolating data into the future.

 

How to think strategically

Brand Leaders must be able to slow down their brains to ask questions before they go looking for solutions. Strategic Thinking is an essential foundation to ask big questions that challenge and focus their decisions.

  • We teach Brand Leaders how to think strategically, to ask the right questions before reaching for solutions, mapping out a range of decision trees that intersect and connect by imagining how events will play out.
  • We take Brand Leaders through the 8 elements of good strategy: vision, opportunity, focus, speed, early win, leverage and gateway. We introduce a forced choice to help Marketers make focused decisions.
  • We teach the value of asking good questions, using five interruptive questions to help frame your brand’s strategy. This helps to look at the brand’s core strength, consumer involvement, competitive position, the brand’s connectivity with the consumers and the internal situation the brand faces.
  • We show how to build strategic statements to set up a smart strategic brand plan.

 

How to define your brand

Brand Leaders must be able to find a winning brand positioning statement that sets up the brand’s external communication and all the work internally with employees who deliver that promise.

  • We show how to write a classic Brand Positioning statement with four key elements: target market, competitive set, main benefit and reason to believe (RTBs).
  • We introduce the Consumer Benefit ladder, that starts with the consumer target, with insights and enemies. We layer in the brand features. Then, get in the consumers shoes and ask “what do i get” to find the functional benefits and ask “how does this make me feel” to find the emotional benefits.
  • We introduce a unique tool that provide the top 50 potential functional and top 40 emotional benefits to help Marketers stretch their minds yet narrow in on those that are most motivating and own-able for the brand.
  • We then show how to build an Organizing Big Idea that leads every aspect of your brand, including promise, story, innovation, purchase moment and experience.

 

How to write a Brand Plan everyone can follow

A good Brand Plan helps make decisions to deploy the resources and provides a road map for everyone who works on the brand

  • We demonstrate how to write each component of the Brand Plan, looking at brand vision, purpose, values, goals, key Issues, strategies and tactics. We provide definitions and examples to inspire Marketers on how to write each component. We provide a full mock brand plan, with a framework for you to use on your own brand.
  • We offer a workshop that allows Marketers to try out the concept on their own brand with hands on coaching with feedback to challenge them. At each step, we provide the ideal format presentation to management. We offer unique formats for a Plan on a Page and long-range Strategic Road Maps.
  • We show how to build Marketing Execution plans as part of the overall brand plan, looking at a Brand Communications Plan, Innovation Plan, In-store plan and Experiential plan. This gives the strategic direction to everyone in the organization.

 

How to inspire Marketing Execution

We show Brand Leaders how to judge and decide on execution options that break through to consumers and motivates them to take action.

  • The hands-on Creative Brief workshop explores best in class methods for writing the brief’s objective, target market, consumer insights, main message stimulus and the desired consumer response. Brand Leaders walk away from the session with a ready-to-execute Creative Brief.
  • We provide Brand Leaders with tools and techniques for judging communication concepts from your agencies, as well as processes for making decisions and providing effective feedback. We talk about the crucial role of the brand leader in getting amazing marketing execution for your brand.
  • We teach how to make marketing decisions with the ABC’S, so you can choose great ads and reject bad ads looking at tools such as Attention (A), Branding (B), Communication (C) and Stickiness (S)
  • We teach how to provide copy direction that inspires and challenges the agency to deliver great execution. We also talk about how to be a better client so you can motivate and inspire your agency.

 

Time to step up and invest in training your team

The smartest plan for your people is to identify the gap areas and then look through each of the modules to see which one would be best suited to help them. We can certainly customize any program to meet your needs. One of the best ways to drive long-term business results from your brands is to ensure you have a strong marketing team in place. At Beloved Brands, we can develop a tailored program that will work to make your team better. Regardless of industry, the fundamentals of Brand Leadership matter.

In terms of connecting with your people, training is one of the greatest motivators for teams and individuals. Not only do people enjoy the sessions, they see the investment you are making as one more reason to want to stay. They are focused on their careers and want to get better. If you can be part of that, you will retain your best people.

The Training Program can executed to meet your needs whether that’s in:

  • Classroom format or small team training
  • Coaching, either in team setting or one-on-one
  • Mentoring to high potential managers or executives.
  • Skype video or webinar style for remote locations.
  • Lunch and Learn Style

Smarter people will lead to better work and stronger brand performance results

 

Beloved Brands: Who are we?

At Beloved Brands, we promise that we will make your brand stronger and your brand leaders smarter. We can help you come up with your brand’s Brand Positioning, Big Idea and Brand Concept. We also can help create Brand Plans that everyone in your organization can follow and helps to focus your Marketing Execution. We provide a new way to look at Brand Management, that uses a provocative approach to align your brand to the sound fundamentals of brand management.

We will make your team of Brand Leaders smarter so they can produce exceptional work that drives stronger brand results. We offer brand training on every subject in marketing, related to strategic thinking, analytics, brand planning, positioning, creative briefs, customer marketing and marketing execution.

To contact us, email us at graham@beloved-brands.com or call us at 416-885-3911. You can also find us on Twitter @belovedbrands.

Beloved Brands Graham Robertson

 

The new burger war: 5 Guys vs In-N-Out vs Shake Shack">Five Guys Shake Shack In-N-Out

The new burger war: 5 Guys vs In-N-Out vs Shake Shack

Posted on Leave a commentPosted in How to Guide for Marketers

 

When I was a kid, after my hockey practices, my mom and I used to go to Burger King. It became our tradition. What did i like the best? It was nice and quiet, compared to the crowded noisy McDonald’s right across the street. There were no lines, no one taking up the great seat locations. It was so quiet, it was almost zen. Even today, Burger King remains the place you go if you don’t like crowds.

Today, there’s a new burger war heating up:

  • 5 Guys Burgers
  • In-N-Out Burger
  • Shake Shack

Who will win? It might depend where you live. If you are in California, you may be partial to In-N-Out, if you are a New Yorker, it is Shack Shake for sure. Everywhere else, it looks like 5 Guys is the dominant brand. This is a brand site, so we look at this through the eyes of marketers and consumers, not food critiques. I am also a burger fan.

Who has the best burger?

I know there is a lot of debate out there. Lets dispel the myth here: they are almost the same piece of meat. They take a high quality ground chuck, and squish it firmly onto a grill, use a cooking technique to lock in the flavor and create a juicy burger. It is a much higher quality meat than McDonald’s and much juicier in the end due to the cooking technique.

The only difference is at 5 Guys, the burger feels like the burger actually breaks apart more which could make it feel less fast-food while In-N-Out feels very neatly stacked. I do like the bacon at Five Guys, but In-N-Out does a nicely toasted bun. Small details.

VERDICT:  Tie

Fries versus shakes

5 Guys FriesIf the burger is a relative tie, then what else can you look at. 5 Guys wins on fries, Shake Shack or In-N-Out wins on Shakes.  I’m a big fries fan, and 5 Guys does have pretty darn good addicting fries. They give you enough that you likely won’t finish them.  The In-N-Out fries (except for Animal Fries) are a little bit nondescript and boring. I do like the crinkle cut style Shake Shack fries, but they are frozen, not fresh. In terms of shakes, the In-N-Out shakes are legendary, whereas 5 Guys is completely missing out by not even having a shake. Verdict:  Tie, pick your poison and likely only have it once in a while.  

Who has better atmosphere?

I have to say, neither In-N-Out or Five Guys have a nice atmosphere.  The In-N-Out restaurants have the plastic feel of a McDonald’s, with booths too small to fit those who can eat a double-double. The hats on the employees are cute, giving it a 50’s diner feel. The 5 Guys atmosphere feels like a Costco, with dusty floors, crappy little tables and chairs. Plus, do we really need 50 signs per restaurant telling us how great you are. There is no effort on their store atmosphere. What you are doing is opening up the door to local establishments finding a niche against both of these with a cooler pub-like atmosphere. The Shake Shack locations are much nicer. If you ever get the chance to go to the original Shake Shack in NYC, it is worth it. I was doing some work with an ad agency, and arrived a couple of hours before the meeting. I didn’t feel like going up early and I noticed about 50 people lined up for lunch at this “shack” in the park.  Every time I have Shake Shack whether in Dubai or throughout the US, I still think of the park. A litlte like my first Movenpick experience, 20 years ago, in the middle of the swiss alps. Verdict: Shake Shack

Five Guys Shake Shack In-N-Out

 

Where does In-N-Out Burger win?

Clearly as I’ve heard from the fans, In-N-Out does a great job engaging with their consumers. The secret menu and the secret sauce, the traditions of the double-double and the “animal fries” all help create a “club” filled with brand fans who will take on anyone that knocks their brand.  There’s a slight difference in who each attracts.  In-N-Out’s menu items are generally less expensive — the chain is most popular with young men ages 18 to 24 with an income of less than $70,000 a year, according to NPD. By contrast, Five Guys patrons are generally 25 to 50 years old, with an income of more than $100,000. In-N-Out seems to have a more engaged consumer base that it can leverage as 5 Guys is now into the Southern California market ready to do battle right in the backyard of In-N-Out.t this point, In-N-Out is stuck as a West Coast brand, in California, Arizona, Nevada and now Texas, giving them only 320 locations.  They have not expanded very quickly, believing it is better to be loved by a few than tolerated by many. This gives them a regional strength and more emotional engagement goes to In-N-Out.

Where does 5 Guys win?

5 Guys has been much more aggressive on their expansion plan. They have pursued winning on review sites and lists that can help drive awareness for the brand. In 2010, they won the Zagat best burger. They have aggressively gone after celebrities such as Shaq and Obama. And most of all, they are winning on location, location and even more location.  5 Guys is everywhere, with 1000+ locations, fairly national and even in Canada. They are clearly following the McDonald’s real estate strategy by trying to be everywhere. The other area where 5 Guys wins is pricing. I am a marketer, so the more price you can command the better. For relatively the same burger, 5 Guys charges twice what In-N-Out charges. In this current stagnant economy, people are proving they’d rather pay $10 for an amazing quality burger than $15 for a lousy steak. It feels like In-N-Out is leaving money on the table with the prices that are just slightly above the McDonald’s price points. More aggressive growth goes to 5 Guys. 

Where does Shake Shack win?

They were definitely late the expansion party, with only 120 stores at this point. The NYC location in the park is such a part of their brand, yet it also drives a lot of revenue. At one point, Shake Shack thought they would stay a “New York only brand” which is part of their delay. Right now, the US market is fairly saturated with burger shops, so they now have 30% of their locations overseas including Seoul, Tokyo, London, Cardiff, Istanbul, Moscow, Muscat, Beirut, Dubai, Abu Dhabi, Doha, Kuwait City, Riyadh. Pretty smart strategy to see an opportunity in those markets and close on them before the others could. I would say, the more interesting locations goes to Shake Shack. 

So who will win?  

At this point the clear winner will be 5 Guys. Just like McDonald’s versus Burger King in the original burger war, it’s not as much about the burger itself but about the aggressive pursuit of real estate. Unless In-N-Out wakes up, take all that brand love they have generated among their fans and they go on an 5-year big expansion, they will be relegated to a regional brand we only visit on our road trips to California.

5 Guys is quickly becoming the upscale version of McDonald’s

To read more about how the love for a brand creates more power and profits:

 

Beloved Brands: Who are we?

At Beloved Brands, we promise that we will make your brand stronger and your brand leaders smarter. We can help you come up with your brand’s Brand Positioning, Big Idea and Brand Concept. We also can help create Brand Plans that everyone in your organization can follow and helps to focus your Marketing Execution. We provide a new way to look at Brand Management, that uses a provocative approach to align your brand to the sound fundamentals of brand management. 

We will make your team of Brand Leaders smarter so they can produce exceptional work that drives stronger brand results. We offer brand training on every subject in marketing, related to strategic thinking, analytics, brand planning, positioning, creative briefs, customer marketing and marketing execution. 

To contact us, email us at graham@beloved-brands.com or call us at 416-885-3911. You can also find us on Twitter @belovedbrands

 

Beloved Brands Graham Robertson 

 

 

 

 

Airbnb nails the brand experience marketing better than the rest

Posted on Leave a commentPosted in Beloved Brands in the Market

bnb_billboard_01-2000x1125I have always been a traveller, more than a tourist. I would love to live everywhere in the world. I don’t need a hotel. Back in the 1990’s, I figured out that it was better to rent a place for a week, and live there, not really just visit. However, this is completely pre-technology. My first venture was in Peebles Scotland, where I found an amazing place through the classified section of the newspaper. Do you even know where Peebles is?  I didn’t until I saw the wee little classified ad in the Toronto Star. I then met the person, saw photos and hand them cash. I had an amazing time. The flat was the top half of a house, in a small village 30 minutes south of Edinburgh. Then throughout the 1990’s, I found a place in Menton, France, then Brugges Belgium, then Igls, Austria and finally, Whangarei, New Zealand. Still no technology. It was not really easy finding these gems around the world. It was like finding a needle in a haystack. But, ever so rewarding when I did find them. I’ve been so lucky to have stayed in so many great places.

Airbnb takes all the hard work I was doing and puts it right in front of the consumer. Screen Shot 2016-07-18 at 6.44.58 AMYou can sort by city, even down to the neighborhood, sort by the type of residence, specify a few needs (e.g. wifi) and then put in your price range. With most, you can see 15-20 photos to give  you an idea. You can also see reviews, but they need help in that department to ensure honesty.  (e.g. It looks like everyone hands out 4’s and 5’s). You make your choice, select the dates, provide government I.D. to ensure it is really you and then off your offer goes to the owner. Moments later, or when they wake up, the reply saying yes. There is a bit of hunting that goes on, but it is so much easier than everything I used to do. My next trip is to Australia later in the year, with a beach front condo in Bondi Beach in Sydney for a week and then we have a harbor front view booked for Cairnes. Just perfect. So much easier booking with Airbnb.

Don’t just go there. Live there.

Airbnb has nailed the creation of the big idea of “Don’t just go there. Live there.” It replaces their original big idea of “Imagine a world where you can belong anywhere”, which felt a bit dreamy and disconnected from the reality of the product they were offering. Airbnb’s own data says that 86% of the consumers who use Airbnb are  pick the platform because they want to live more like a local. Exactly the same reasoning I was looking up places in newspapers. That insight of living rather than visiting inspired the brand’s latest and largest marketing campaign, “Live There.”

At Beloved Brands, we have created a model that shows how to take your big idea down to every part of your business through 5 consumer touch-points: brand promise, brand story, innovation, purchase moment and the consumer experience.

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While Airbnb has created a great experience with their system, they are taking it a step further with their advertising and their smart use of partnerships around the world to express the brand’s point of difference versus hotels. The latest advertising really caught my attention as they nailed the insight that speaks to those of us who want to live there. According to Airbnb, 52 percent of these younger-minded U.S. travelers find crowds at major tourist attractions to be more stressful than doing a tax return, while 47 percent don’t like to be labeled as tourists when they go to a new place. Such an arresting spot.

 

 

In a partnership with the Art Institute of Chicago, they were able to recreate Van Gogh’s famous bedroom to be rented for $13 a night on Airbnb. While it showcases the museum, for Airbnb, it really brings their brand experience to life, saying anything is possible.

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Next, to embed the brand experience through the culture, Airbnb built their new office in Singapore around the actual homes on Airbnb to showcase the vast diversity of destinations on offer through the community-driven platform. These include an apartment in Batignolles, Andy Warhol-inspired art loft in Bangkok, a caravan in Cornwall, a villa in Kuta, amongst others.

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“Airbnb has never been a traditional workplace. At Airbnb, we want to create the sense of travel when we welcome people into our office,” said Airbnb Asia-Pacific regional director Julian Persaud. “Simply having photos of unique accommodation and far-off places are not enough, we want our employees and guests to experience the feeling you get when you travel.”

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As a sports fan, Airbnb partnered with the Air Canada Center in my hometown of Toronto to provide an amazing experience for a couple. They converted one of the executive suites at the arena into a place to stay for a couple. They saw a hockey and basketball game, then skated on the ice and shot on the court. Have a look:

 

 

What can you do to bring your brand experience to life?

To read how to create a beloved brand, read the following presentation:

Beloved Brands: Who are we?

At Beloved Brands, we promise that we will make your brand stronger and your brand leaders smarter. We can help you come up with your brand’s Brand Positioning, Big Idea and Brand Concept. We also can help create Brand Plans that everyone in your organization can follow and helps to focus your Marketing Execution. We provide a new way to look at Brand Management, that uses a provocative approach to align your brand to the sound fundamentals of brand management.

We will make your team of Brand Leaders smarter so they can produce exceptional work that drives stronger brand results. We offer brand training on every subject in marketing, related to strategic thinking, analytics, brand planning, positioning, creative briefs, customer marketing and marketing execution.

To contact us, email us at graham@beloved-brands.com or call us at 416-885-3911.You can also find us on Twitter @belovedbrands.

 

Beloved Brands Graham Robertson

 

 

 

 

 

 

 

 

How to be a great Assistant Brand Manager…and of course, get Promoted

Posted on Leave a commentPosted in How to Guide for Marketers

In my 20 years of CPG marketing, I must have interviewed 1,000 potential Assistant Brand Managers. I was lucky to have hired some of the best, who have gone on to have very strong marketing careers. I became notorious for asking for some of the toughest questions, some even bizarre. I always asked an analytical question to see if they could piece together lots of data and tell a story that made sense. I’d ask a creative question to see if they had a certain flare and pride in the output. I’d ask a problem solving question, some very hard, no real right answer, but I wanted to see how they actually think. And finally, I wanted to know that they had done something at a very high level–it didn’t matter what–but I wanted to know they could make it happen, whatever it was in. Getting that first ABM job is NOT EASY!  I had many failed interviews over the years that I began to wonder if it would ever happen. I remember one interview ended after about 8 minutes when she found out I didn’t have any experience. Thank god, I stuck with it.

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But even after gruelling interviews, only about 50% of Assistant Brand Managers get promoted to Brand Manager. So what separates the ok ABM from the great ABM that gets promoted?  There are two factors that I have seen in a consistent manner:  #1:  They get what they need and #2:  What they need is the right thing to do.  Very simply put, great ABMs get both.   The rest either fail on #1 or #2.    

Keep in mind there are some core marketing values you want to adopt over the years as an ABM that will serve you well in your career.

  • Hit deadlines: Never look out of control or sloppy. Marketers have enough to do, that things will just stockpile on each other. In Marketing, there are no extensions, just missed opportunities.
  • Know your business: Don’t get caught off-guard. Make sure you are asking the questions and carrying forward the knowledge.
  • Open communication: No surprises. Keep everyone aware of what’s going on. Present upwards with an action plan of what to do with it.
  • Listen and decide: It is crucial that we seek to understand and equally important that we give direction or push towards the end path.
  • We must get better: When we don’t know something, speak in an “asking way”, but when we know, speak in a “telling way”.
  • We control our destiny: We run the brands, they do not run us. Be slightly ahead of the game, not chasing your work to completion. Proactively look for opportunity in the market, and work quickly to take advantage.
  • Regular feedback for growth: Always seek out and accept feedback, good or bad, as a lesson for you. Not a personal attack or setback.

The Five Factors that Separate Ok ABMs from the Great ABMs are:

  1. A great ABM is able to tell stories, where others just see data: There is tons of data all over—share results, tracking, test scores, etc. One of the most critical skill an ABM can work on is developing stories with the data. It’s one thing to have the data point, but another to have thought it through and know what it means, and what action you will take on this data. Look for patterns or data breaks, ask questions, start putting together stories and challenge the stories. Use stories backed up by data to sell your recommendations. Never give a data point without a story or action. You risk letting someone else take your data and run with it or tell a story different from yours.
  2. A great ABM takes action and moves before being asked: Most of the projects for ABMs are already set by your manager. When you are new, it’s comfortable to wait for your projects. But don’t get in the habit of waiting for someone to create your project list. But a great ABM starts to push ideas into the system and create their own project list. Some of the best ideas come with a fresh set of eyes and we need a continual influx of new ideas. We also start to see the ABM making good decisions, on their own, and communicating to their boss. Not asking permission but telling what they want to do and look for the head nod. Know what’s in your scope and align with your manager.
  3. A great ABM can get what they want: Instead of just functionally managing the steps of the project, great ABM’s “make it happen”: faster, bigger and better. Faster means you understand what are the important milestones that need to be hit. Manage the bottle necks: the task that have the longest completion time, that impact the entire project. Sometimes you need to push with an inflexible but motivating fist to get it done.
    Bigger means you want to do more than is required. You find that magic to make it even have a bigger impact. Creative solutions or motivating others to do more. Better means you have to take the same people and get them to give their best ideas or their best effort or their best work. Guaranteed you will meet many points of resistance. Every project will. Solving these and still getting the most you can, is what separates the great ABMs from the rest.
  4. A great ABM puts their strategic thoughts forward. You need to be a strategic thinker—asking the right questions to ensure you are focused on the right area, where you can gain a positional power that leads to higher growth and profit for your brand. Ensure you are staying strategic and not just falling in love with some execution not aligned to your brand’s strategy. It’s so easy to be lost in your own “cool” projects. At the ABM level, showing that you can keep things aligned to the strategic is just as important as being strategic. Speak up and represent your strategic thinking. Standing up for your thoughts shows that you are in the game, that you are thinking, and that you believe in your strategic thoughts. Silent ABMs never last.
  5. A great ABM is accountable in the ownership of their work: Accountability is the stepping stone to ownership. And the ownership of the brand is a sign you can be a Brand Manager. We need to see that before giving you your own brand.
    Great ABMs motivate but don’t delegate. If you have to step in, then jump in. You cannot let things slip or miss. You have to stay on top of the timelines and lead those on your project teams. You have to be action oriented, and solution focused. You can never allow your team to get stuck. Be the hub of communication to all team members, and to key stakeholders, including upwards to your manager.

If you can do those better than your peers, then you’ll get promoted. Conversely, if you’re missing any one of these, you might not get there. I hope your boss gives you a quarterly review because I believe ABMs can grow so fast that you need those regular check-ins. If you just get an annual review, you won’t go as fast. Ask for feedback, cherish it, and use the next 90 days to build on a strength or eliminate a gap.

One thing to keep in mind is the Idiot Curve. The basic rule is: You get dumber before you get smarter.   

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When you first land the ABM job, there’s just so much to learn, it’s like drinking from a fire hose. I find it takes 3 months to get back to being just as smart as you were on the first day. It’s over-whelming at first, and yet you see all these other ABMs doing it so that’s even more intimidating. But the idiot curve is inevitable. It just shows up differently for each person. No matter how hard you fight it, you have to ride the curve. (But, please fight through the curve, you have to for your survival) The idiot curve normally lasts up to 3 months, and then things just start to click. And you’ll experience it in a new and exciting way you can’t even predict.  

ABM roles are hard, but all the work you do now will pay off the rest of your career.  

Here’s a presentation on how to have a successful Marketing Career.

 

Beloved Brands: Who are we?

At Beloved Brands, we promise that we will make your brand stronger and your brand leaders smarter. We can help you come up with your brand’s Brand Positioning, Big Idea and Brand Concept. We also can help create Brand Plans that everyone in your organization can follow and helps to focus your Marketing Execution. We provide a new way to look at Brand Management, that uses a provocative approach to align your brand to the sound fundamentals of brand management.

We will make your team of Brand Leaders smarter so they can produce exceptional work that drives stronger brand results. We offer brand training on every subject in marketing, related to strategic thinking, analytics, brand planning, positioning, creative briefs, customer marketing and marketing execution.

To contact us, email us at graham@beloved-brands.com or call us at 416-885-3911.You can also find us on Twitter @belovedbrands.

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