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What Is Your Brand’s Future State?

Why talk about the future state of your brand?

Look ahead and dream about what would make your brand a kick-ass success. Now start planning for it.

What if you could turn the clock back 5 years?

Thinking about the state of your brand and business today, what would you have done to make your brand either stronger today, or more fit for the future it faces?

If we had this magical power, we would be able to go back and pull the strings, turn the dials, and change the gears of our complex brand workings. With the power of hindsight, we’d be able to avert many of the business problems that plague us today.

For example, we’d see that by making more emotionally meaningful connections with people, both inside and outside our brand, we’d be more important to our customers and employees (so the best ones would stay with our brand). We’d be more attractive to the best prospect and recruits (so we’d continue to grow and become a stronger company). We’d also be more valued by partners and investors (so we’d be more powerful and stable).

Unfortunately, none of us has this amazing power to go back in time. But all of us can look forward and imagine a future-state for our brand. We can foresee a time when people truly respect, admire, trust and support our brand because of the nature of the relationships our brand forges with people.

Working back from our idealized future-state, we are better able to analyze what we’re doing now, and to identify what changes we need to make, across two interdependent spheres:

  • Internal – what must we do to ensure that our people, processes, policies and procedures are working to make our workplace more emotionally meaningful (thereby engendering a internal culture of innovation, collaboration and personal gratification.
  • External – what changes do we need to make to our ways of creating and managing our marketplace presence (sales, distribution, marketing, advertising), so that customers and prospects are better able to sense our brand’s meaningful intent?

Most critical to this process is having a clear definition of your brand’s “meaningful intent”. For me, this has two components:

  • A purposeful ambition – an idea that speaks to all your brand constituents because it addresses a higher-order intent than making money; this idea articulates how your brand will make the world a better place because of how it affects the human condition (e.g. making people smarter or healthier, making the world a safer or cleaner pace, etc.); properly crafted, this ambition idea will flow naturally from the business behind the brand, and add to it a new, appealing and motivating dimension.
  • A purposeful ambition and emotional aura are not replacements of anything – but they are complements to everything. They shift the way your brand reaches out to people. They change the nature of brand interactions. They introduce meaning and emotions in ways that change the way people think, feel and act.

You can’t go back and fix today. But you can start today to transform your brand to one that succeeds tomorrow because it is more emotionally meaningful to people.

Emotive Brand is a San Francisco bran

Image Credit.

Rational vs Emotional: With Brands, It’s Not “Either/Or” It’s “Both/And”

Neuroscience is telling us that every “rational” decision is surrounded and influenced by emotions.

As such, brand decisions are neither rational or emotional – they are invariably both.

But how do you work with an insight like this?

How do you bring an emotional dimension to your brand, especially if today it is emotionally neutral?

Continue reading “Rational vs Emotional: With Brands, It’s Not “Either/Or” It’s “Both/And””

Brand Strategy for Professional Services Can Be Emotive

Professional services, like law firms, would do well to move beyond the rudimentary basics of branding such as identities, symbols, and colors, according to a blog post on Forbes.com.

We couldn’t agree more.

Like all businesses, professional firms face a challenging future with hyper-competition, commoditized knowledge, and accelerating change all looming on the horizon. These firms clearly need to get fit for the future – and their preparedness plan needs to include a major tune-up for their brands.

Continue reading “Brand Strategy for Professional Services Can Be Emotive”

A More “Valued” Value Proposition for your Business

The traditional value proposition is defined as:

Value = Benefits – Cost.

In other words, people buy from brands that deliver more for less.

In the past, when the focus has been on “faster, cheaper, bigger, now”, it was enough to think only about the rational benefits your brand offered – and to build your value proposition from there.

Today there is a need to radically overhaul the definition of “benefits” when articulating value propositions.

Today people are seeking ways to create new meaning in their lives, brands need to go beyond rational appeals and embrace the way they help people live better lives through their products, services and experiences.

A modern value proposition equation, therefore, is defined as:

Value = emotionally meaningful benefits – cost

Emotionally meaningful benefits provide a fresh and appealing look at how your brand could thrive in the hearts and minds of people.

To uncover the emotionally meaningful benefits of your brand, ask yourself these questions:

  • How does my brand help people become smarter, wiser, fitter, closer together, more resiliant, more self-sufficient?
  • How does my brand help them grow, achieve more and fulfil their human potential?
  • What does my brand do to make the communities we serve better off?
  • In what ways does my brand help make the world a safer, fairer, cleaner, more humane and more sustainable place?

Seeing your brand – and your value proposition – through the lens of emotional meaning is just the start.

A truly “valued” value proposition is written in approachable, human language that is easy for your employees to internalize.

The Meaning Gap

The job of delivering emotionally meaningful benefits to people helps your employees create new meaning in their lives (through more purposeful, mindful and fulfilling work) as they help people create new meaning in their lives (through a brand that is dedicated to improving lives, communities, socieities and the planet).

It’s a win-win-win strategy with more engaged employees, more gratified customers and a more powerful brand in the equation.

Emotive Brand is a San Francisco strategy firm.

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People Respond to Meaningful Brands

According to a recent study by Havas Media, only 20% of brands have a notable positive impact on our sense of wellbeing and quality of life.

The study further reveals how the expectations, judgements and behavior of people are evolving in ways that must make brand-owners rethink their current strategies:

  • For the 4th year running consumer expectations of companies’ responsible behaviour continues to rise
  • Nearly 85% of consumers worldwide expect companies to become actively involved in solving these issues (an increase of 15% from 2010)
  • Those prepared to reward responsible companies by choosing to buy their products is up 11% from last year to more than half of all consumers (51%)
  • Those who would pay a 10% premium for a product produced in a responsible way is up once again – from 44% last year to 53% in 2011
  • The percentage of us who would punish irresponsible companies has also increased to 44% (from 36% in 2010)
  • Only 28% of consumers worldwide think that companies today are working hard enough to solve our social and environmental challenges.
  • Only 20% trust companies when they communicate about their social/environmental commitments and initiatives

Continue reading “People Respond to Meaningful Brands”