
A brand is the collection of feelings, thoughts, emotions and experiences (negative or positive) one person has about your product, service or company.
Valuations of the top companies in the world suggest that close to thirty to seventy percent of the company's value (all assets included) accounts for brand equity.
Why brand development counts:
When companies engage in brand development they are investing in a process to secure their future profitability and sustainability. In today's over-crowded, over-done and over-the-top marketplace - you must stand for something and differentiate yourself in a way that allows people to admire, recognize and incorporate your brand into their personal identity, interests and business requirements to best influence their decision to purchase. In the end its not what you say about your brand - it is what your customer says about your brand.
We believe in order to create a brand, organizations must start with these three understandings and ask these questions:
1. Positioning
Where is the white space? Who are your targets? Where are the spaces in your industry/category that allow you to be first, seen, heard and remembered for strategic competitive advantage? How can we take an outside-in approach that helps us understand what our customers actually think, feel and do?
2. Brand meaning
Build meaning into your brand. How do you talk about it? What do you say about it? What does it look like and what do you stand for? What can you say about it in 30 seconds? Why and how does your organization really benefit your customer? What is the reason for your existence outside of making a profit?
3. Brand delivery
How do you deliver the brand? What consistent parameters do you place around it. What ways can you leverage it? What media and channels best supports it? How can you get your employees to live and breath the brand?
Think about your service, product or company - do you have a solid plan in place? Were you able to accurately answer the questions above? Is your brand positioned correctly and being delivered efficiently to build brand equity? If you are a start-up or a company who recognizes and understands the importance of brand development — we can help.
OUR BRAND DEVELOPMENT PROCESS
WILL HELP YOU:
So what do you get out of this process?
Below are a few ways in which you will benefit from brand development:
Garrson Everest is dedicated to finding the white space that will enable your product, service or company to be first, seen, heard and remembered for profitability and sustainability. We innovate the strategies and ideas that cut through marketplace clutter. To learn more about our processes and approach contact us or call 303.847.4981.