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1. A presentation to NAHEC by Bates USA MidwestMarch 13, 2003
2. Why brand?
3. Why brand? The brand is a tangible business asset that can be managed to produce positive results.
4. What Will Branding Do for You? A vibrant brand…
Can command a premium price
Makes marketing more efficient
Makes it easier to recruit and retain talent
Makes introductions easier
Can withstand and weather crises more readily
Can slow or stop erosion
Is appealing to financial and investor markets
5. At Bates, we do not build brands for our clients. We build brands
for our clients’ customers.
6. The #1 thing for you to remember about brands A brand is NOT what the company says it is.
A brand is what the consumer BELIEVES it is.
7. What does a brand do? Differentiates
Pre-sells
“Guarantees” a performance level
8. What does a brand do? Differentiates
9. What does a brand do? Differentiates
Pre-sells
10. What does a brand do? Differentiates
Pre-sells
“Guarantees” a performance level
11. What does a brand do? Differentiates
Pre-sells
“Guarantees” a performance level
12. When you have a well-defined brand that you understand, it can keep you from doing things that can betray the brand.
13. Can you imagine … Listerine
14. So how do we codify a brand?
15. The Difference Between Brand Strategy, Market Positioning, and Psychological Positioning Brand strategy helps you convey the essence, character and purpose of the brand, its products and services
16. Market positioning is the process of identifying and selecting a market or segment that represents business potential, targeting vulnerable competitors, and devising a strategy to compete. In essence, determining the criteria for competitive success. The Difference Between Brand Strategy, Market Positioning, and Psychological Positioning
17. Psychological positioning means selling the services; Its role is to change behavior, and to create enough interest in the brand and its products and services to prompt desired action by target audiences
The Difference Between Brand Strategy, Market Positioning, and Psychological Positioning
18. Brand Planning Process
19. The Bates Brand Wheel
20. Unique Selling Proposition™ Unique – leverageable rational or emotional difference
Selling – that motivates/persuades new customers to buy
Proposition – in a clear, deliverable, compelling benefit
21. The “Got Milk?” brand wheel
22. How do we get started?
23. Brand Ideation Sessions “I wish” Exercise
I wish the Ruth Lilly Health Education Center brand would…
SWOT Analysis
Build a Buying Cycle
25. Brand Ideation Sessions “I wish” Exercise
I wish the Ruth Lilly Health Education Center brand would…
SWOT Analysis
Build a Buying Cycle
Build Brand Wheels
Brand Vision Survey
26. Brand Vision Survey If the Health Education Center was…
A celebrity…who would it be?
A food…what would it be?
A sport…what would it be?
An animal…what would it be?
27. Branding brought to life “Creativity” is one of the last remaining legal means by which you can gain an unfair advantage over the competition.