Drew Stevens

Secrets to Brand Value

comments 0 comments  |  918 reads

During the evening I like to relax while either reading a book or watching television. One of my shows NCIS has the main character always drinking coffee. Everyone knows it is a Venti from Starbucks because of its distinctive color and style. As I was watching a recent episode and thinking about his I was also reminded many years ago how when I was working in Manhattan and I would regularly see new computer boxes in offices with the distinctive look of a cow. Can you name the company? Gateway!

When marketers package products they are doing so very a very clear reason – branding. Brand is that logo, symbol look and feel that provides consumers and those that aren’t brand recognition and value. Packaging is a vital component of the marketing process simply because consumers acquire for brand’s sake.

I am reminded of the time while selling to many Japanese banks in the early 1980’s who loved to visit Tiffany. It was not the gift they desired in as much as getting the blue box!

With that in mind, what are you doing to create a package that creates allure and attraction??? It is necessary today to first create some visibility so that others are aware of your package and become involved with your brand.

To create visibility you must engage with others and ensure they are aware of your value. This involves becoming actively engaged in networking or even being introduced by third parties. Do not fall prey to the ridiculous networking clubs that desire money and membership. Visit social settings that enable you to meet buyers. You do not see many tea drinkers at Starbucks or discount shoppers at Nordstrom’s. Therefore you need to be where potential buyers are not competitive vendors.

Second your package will be noticed more when you enable your current network to continually speak about your services. This requires getting case studies, testimonials and quotes in written, audible or video form. Prospective consumers do not want to hear from you they want to uncover what you did for others! They need proof that you products/services provide the results they seek – then they make a purchase.

Finally, finally wrapped packaging is very sturdy while also looking good with or without the outer wrapping. For you this means providing unparalleled customer service. This requires you dress well while looking the part, answering calls within a decent time allotment and using tools that make you a professional. I once had a client ask me if a client signing a $50MM commercial loan would care doing so with an inexpensive $2.99 pen! What do you think!

Packaging requires a consistent and relentless approach. Best Buy, Zappos, Coke Cola rarely if ever change their brand. Ever see a different logo for Coke? To establish brand you need four components; 1) recognition 2) visibility 3) value and 4) consistency. Does your package speak value or is it simply hiding it? Does your package create emotion appeal? Can consumers recognize your package or are you a brown bag near the cashier? Conduct some research and action to make your package more recognizable.


Republished with author's permission from original post by Drew Stevens.

Drew Stevens

Drew J. Stevens Ph.D. (Dr. Drew) is the author of Split Second Selling and the soon to be released Ultimate Business Bible and six other business books on sales, customer loyalty, self mastery and business development solutions. Drew helps organizations to dramatically accelerate revenue and outstrip the competition. He conducts over 4 international keynotes, seminars and workshops per year.
0
No votes yet
 

0 comments »

Post new comment

The content of this field is kept private and will not be shown publicly.
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
Image CAPTCHA
Enter the characters shown in the image.

MarketPlace

Global Customer Experience Management (CEM) Certification Program

[May 30-31, Frankfurt; July 25-26, Hong Kong] An internationally recognized program with proven track record of success - being run for 34 times in 13 cities with attendees from 50 countries, the program is developed based on the U.S. patent-pending Branded CEM Method which aims to drive customer loyalty and brand differentiation with quantifiable business results. Limited offer: USD300 early bird discount.

Register today for Confirmit’s Mobile Research Roadshow!

Join us on May 29th in New York City. Stuart Ryder, SVP, Mobile Research Lead for Ipsos IOTX & Roxana Strohmenger, a leading Forrester analyst, will be in attendance to share best practices and new trends in mobile market research.

Register today for Confirmit’s San Francisco VoC Roadshow!

[June 12, Sir Francis Drake Hotel] Gregson Siu, Vice President, Ariba Business Operations, Ariba and Bob Thompson, CustomerThink, will be in attendance to share best practices, new trends and latest research to help you develop your customer experience program.

Social Networking and sCRM International Congress in Colombia

[June 25-26, Bogota] Thirteen international thought leaders will present, from different perspectives, the trends, the uses, and the magic - as well as the reality - of Social Networking and how it impacts the way customers are doing/will do business.

Driving ROI With VoC

Walker has identified multiple ways to measure ROI – there is not a one-size-fits-all solution. This paper will address each and conclude with some recommendations to help B-to-B practitioners evaluate which ROI approach will work best for their particular business need.

Featured Links

Salesforce CRM

The leader in customer relationship management and cloud computing.

Strategic Roadmap for Digital Marketing

Free e-book (no reg required). 15 articles by digital marketing thought leaders.

Get your event or resource listed in the MarketPlace, reaching 200,000 business leaders monthly.
For more information, contact CustomerThink advertising sales.