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Positioning Strategy for High-Growth Tech Companies

High-Tech Companies Have Banished the Word Brand Strategy

I’m not sure when it happened. I only know it has. Brand strategy is no longer something the tech world is asking for. Well, let me be clear, they are still asking for it, they just aren’t using the term brand strategy. Positioning strategy is the new brand strategy, at least for high-growth companies where time is of the essence.

I’ve felt the shift first hand. As a co-founder of an agency, I’m the person who takes the incoming calls from prospects looking for an agency. It used to be that I would patiently listen for the words “brand strategy” to qualify a prospect. But over the past three years, I’ve heard that term less and less. Instead, prospects are using other terms to describe their most pressing business problems. It just took me a while to really understand what was happening and why.

The Factors I See at Play in a Desire for Positioning Strategy

1. Agile has become a way of doing business. Marketers need things fast. They want quick wins as they look to test new ideas in the market, prove that they work, and implement them quickly and successfully.

2. Competition in technology has never been as fierce as it is now. The rate of disruption and innovation that is happening is amazing. But with that comes the difficulty of keeping pace. It comes down to differentiating, getting to market first, and, if you make it, staying ahead.

3. Data drives everything. If you can’t prove a project has a strong ROI, it won’t happen. Iterating and testing strategy and ideas has never been more important. There is no harder role than being a CMO right now. And any CMO or marketer in today’s world needs to prove a strong ROI in the work they are doing, especially when outsourcing to an agency.

4. Valuation is critical to any high-growth company. Being in the wrong category can derail even the best tech company from achieving their vision of a successful exit. This is top priority for almost any high-growth business, whether it’s a startup or a publicly-traded technology company.

5. Positioning has never been so top of mind for leadership teams. It is where the rubber hits the road. Every successful brand needs to be strongly positioned in the market to thrive.

6. Strategy is no longer enough to shift a business or brand. Marketers are looking for strategy AND the assets needed to implement in market ASAP. They just don’t have the team or the time to figure it out internally. They need both strategy and activation.

These are the factors that have shifted the landscape of what leadership teams and marketers are looking for to help their business thrive, to help their brand be more meaningful, to hire and retain top talent, and to realize their purpose and vision.

What are high-growth businesses looking for today?

High-growth businesses are looking for ways to make the biggest impact in the shortest amount of time. It’s about strategies  to help scale their business. Quick wins that can prove ROI for larger investment. And strategies gain better valuations. They are looking for the magic bullet.

I believe that in B2B and high-tech, brand strategy has now become the following things:

  • Defining the right category – developing a new one or moving to a different one
  • Positioning Strategy to ensure you are perceived in the right space, associated with the right competitors, envisioned by your target audience in the right ways
  • Creating a narrative to align your corporate strategy, vision, and why you matter to all of your stakeholders, internal and external
  • Messaging that resonates, that blends the rational and emotional in ways that differentiate and support both marketing and sales teams as they drive revenue and build brand
  • Websites that deliver the value proposition, convert leads, articulate the story, differentiate, and help any prospective buyer or employee see why you matter

Positioning Strategy

So, while marketers are not asking for brand strategy in the way they used to, they are still asking for it. In many ways its easier because they are asking for it in ways that address their most pressing business issues. Demanding it in sprints, delivered in ways that are actionable. They need strategy and the tools to launch that strategy in market, but it is still brand strategy.

It doesn’t matter what terminology is being used it. Whether it’s brand strategy or a small component of it, being a good partner is being able to adjust to the needs of prospects – meeting them where they are at, delivering what will impact their business. When they win, so do we.

Emotive Brand is a San Francisco strategy firm.

How Client-Side Experience Informs Agency-Side Strategy: Interview with Emotive Brand Creative Director

Interview with Skott Bennett, Creative Director

As Creative Director of Emotive Brand, Skott puts his client-side experience to work. An expert at creating meaningful solutions that meet the unique needs of both our customers and clients, Skott offers thoughts on how his years inside companies much like many of our clients inform his work agency-side today.

What drew you to agency work?

I always tried to bring an agency approach to my client-side experiences. And where I found this approach really worked was with brand-related projects. Identifying and defining the true purpose behind an organization, and then developing and implementing those solutions across the organization – that’s where I was most fulfilled. And I’m thrilled that it’s now my focus – helping brands better articulate what makes them special and unique.

How do you think working on in-house creative teams prepared you for your current role?

Working on the inside of technology brands – like many of Emotive Brand’s clients – made me fully aware of the challenges these kind of organizations face. These companies are founded and fueled by smart, determined people who come from high-performance engineering cultures. They have incredible vision, but oftentimes something breaks down when they try to present that vision to the outside world.

Articulating a brand’s purpose isn’t easy. You spend years building complex technology that solves tough problems and then you take it to market by making it simple? I have nothing but empathy for founders or leaders who get stuck on that. It’s a contradiction, but ultimately “look how hard this was to do!” isn’t the story that’s going to delight a customer or grow a business.

That’s why there’s so much value in ensuring that key stakeholders – those people who labored over their solutions and products – play a part in the creative/idea process. Even at the early stages, it’s critical. It has to be a team effort.

Having experienced the frustrations inside many companies today first-hand, what do you think some agencies are missing about what their clients really need?

The best agencies don’t just help you come up with a brand strategy or throw a visual identity at you. They actually educate you and help you sell that strategy inside the brand – from top to bottom. Most agencies will get hyper-focused and worried about selling to the person who’s always at the table. But there’s a lot more people who need to get on board for the roll-out to be successful. The agencies who stand out to me are the ones that have helped craft the plan and sell the plan throughout the entire organization.

Working client-side, you also realize how hard internal change really is. You can’t throw people into a new planet without a spacesuit. You have to bring them on the journey. And that’s where the value of having an outside perspective really kicks in.

Can you speak more to the value of bringing an outside perspective in?

What happens a lot inside a company is that people figure out how to get things done inside the building. “I know how to get Sales to agree to X. I know how to get Product to sign off on Y.” Just focused on the inside, it’s easy to lose sight of the most important people: your customers. The audience isn’t just your department head or your CEO, but it’s easy to get stuck in an echo chamber where those people become the only people who matter. And outside perspectives – the really good ones that are based on sound strategy – can smash these type of echo chambers.

Does your in-house experience allow you to build more trust with clients?

The best thing about in-house creative teams – something that even the best agencies can forget – is that no one is going to know the brand as well as them. That’s why you have to make them part of the process. When an in-house team feels like they’re being dictated to and not partnered with, trust is impossible. And no one’s happy.

Respect is key. In-house creative teams must be brought to the table. Maybe they’ve already tried to solve the problem the agency is trying to solve. Maybe no one thought to ask them and they’re sitting on a great idea. Ignoring them is a big mistake. Their talent, insights, and knowledge are integral to getting to the best solution possible.

We talk a lot these days about agile strategy. What’s the importance of agility for clients today?

Tech companies move fast. We all know that. And in-house creative teams move even faster. It’s a go, go, go mentality. Creative brief? Please. Like that ever happens. You have to go straight from idea to execution in most cases. Working on the agency side, you get the chance to take a deeper dive and really explore solutions and methods. But you also have to be agile. Companies are trusting your ability to both deep dive and also to stay quick-footed, flex, and move in pace with their business. As a result, I make it my operating principal to combine the deeper dive into strategy and research with the insane speed of a high-performing in-house team. That’s what clients today need.

Emotive Brand is a San Francisco strategy and design agency.

High-Growth Software Firm Looking to Accelerate Business Quickly

Metal Toad: a high-growth business needed to be aligned to create maximum impact

Metal Toad is a successful, high-growth software business with a highly regarded reputation and big ambitions. As technology consultants, Metal Toad works to modernize businesses by building strategic applications for clients like Sony, Cisco, PBS, Verizon Wireless, and ABC. When they came to Emotive Brand for help, the management team was at a crossroads.

As often happens in the midst of a boom, an enthusiasm for growth left the business pursuing too many diverse initiatives. They needed to quickly realign and focus leadership around what they do and why they matter, closing the gap between their long-term vision and the reality of what their clients need today. And they needed to hold onto their momentum while continuing to deliver flawlessly. Fast Forward was the perfect answer.

As is true with many high-growth companies, Metal Toad’s challenges needed an agile approach to address the evolving nature of their business. With Fast Forward, we were able to spend one week on site with the executive team prioritizing their challenges and creating a strategy to move forward. By removing the team from their day-to-day responsibilities and creating a focused environment, challenges that were holding the business back came quickly and clearly to the surface.

Together, we developed a strategic map of the emergent, dominant, and residual forces shaping Metal Toad and its industry. This map allowed the team to come to a shared understanding of the challenges and opportunities they faced, setting the solid foundation necessary for producing groundbreaking ideas, and ultimately, change.

Through the Fast Forward engagement, the Metal Toad leadership team was able to come together, collaborate, and craft a powerful brand promise that paved the way for the future of the business. The new positioning provided focus and clarity to optimize present and future organizational initiatives with maximum impact. A week later, we delivered updated copy for the website landing page to help communicate the new value proposition and convert leads.

“In less than a week, Emotive Brand was able to give us a powerful and differentiated platform for our business that was completely authentic and achievable.” Tony Rasmussen, VP Engineering, Metal Toad

Learn more about the partnership between Metal Toad and Emotive Brand, the lessons learned, and how we brought the strategy to life in the Metal Toad case study.

Emotive Brand is a San Francisco based brand strategy agency.