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Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 [email protected] www.yastrow.com www.brandharmony.com © Steve Yastrow, 2004
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Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 [email protected] .

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Page 1: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

Steve Yastrow

Creating a compelling brand story to drive

business results

Herning Erhvervsråd10-19-04

[email protected]

www.brandharmony.com

© Steve Yastrow, 2004

Page 2: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .
Page 3: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

Everything is MarketingEverything is Marketing

Page 4: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

Intentions vs. PerceptionsIntentions vs. Perceptions

Page 5: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

Do you ever do this?Do you ever do this?

Page 6: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

What’s the real cost?What’s the real cost?

Page 7: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

This is marketing:This is marketing:

$$$$

BrandImpression

All exp

erience

s the

custo

mer has w

ith

your product Customer

ThoughtCustomer

Action

Page 8: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

The Traditional Way …The Traditional Way …

“Brute Force Branding”

Power

ful M

essa

ge Many Exposures

Page 9: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

Brute force is not enough …Brute force is not enough …

Page 10: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

The Noise!The Noise!

The average worker receives more than 200 incoming messages per day.

The average worker receives more than 200 incoming messages per day.

Page 11: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

The Noise!The Noise!

The average American sees 3000+ advertising/

promotionalmessages per day.

How much in Denmark?

The average American sees 3000+ advertising/

promotionalmessages per day.

How much in Denmark?

Page 12: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

The Noise!The Noise!

The average American

will watch 1760+

hours of TV

this year.

The average American

will watch 1760+

hours of TV

this year.

Page 13: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

The irreversible tectonic shift in power from sellers to buyers

The irreversible tectonic shift in power from sellers to buyers

Pow

er

Seller

Buyer

Customer Power!Customer Power!

Page 14: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

Pow

er

SellerBuyer

The irreversible tectonic shift in power from sellers to buyers

The irreversible tectonic shift in power from sellers to buyers

Customer Power!Customer Power!

Page 15: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

Pow

er Seller Buyer

The irreversible tectonic shift in power from sellers to buyers

The irreversible tectonic shift in power from sellers to buyers

Customer Power!Customer Power!

Page 16: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

Pow

er Seller

Buyer

The irreversible tectonic shift in power from sellers to buyers

The irreversible tectonic shift in power from sellers to buyers

Customer Power!Customer Power!

Page 17: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

Pow

er

Seller

Buyer

The irreversible tectonic shift in power from sellers to buyers

The irreversible tectonic shift in power from sellers to buyers

Customer Power!Customer Power!

Page 18: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

Sources of Customer PowerSources of Customer Power

1. Product proliferation

2. Access to plentiful, objective information

3. The new mindset: self-reliant, savvy, skeptical

1. Product proliferation

2. Access to plentiful, objective information

3. The new mindset: self-reliant, savvy, skeptical

Page 19: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

Consumer AttitudesConfidence & TrustConsumer Attitudes

Confidence & TrustGreat confidence in: 1987 (%) 2003 (%)My own abilities 80% 86%News reports on TV 54 27News reports in newspapers 49 25*News reports in magazines 37 14*Recommendations of doctors 69 65Recommendations of travel agents 34 26*Advice from religious leaders N/A 37Salespeople in clothing stores 23 7Federal government N/A 12Advertising 8 3*Used car salesman 15 2

Great confidence in: 1987 (%) 2003 (%)My own abilities 80% 86%News reports on TV 54 27News reports in newspapers 49 25*News reports in magazines 37 14*Recommendations of doctors 69 65Recommendations of travel agents 34 26*Advice from religious leaders N/A 37Salespeople in clothing stores 23 7Federal government N/A 12Advertising 8 3*Used car salesman 15 2

Source: Yesawich, Pepperdine, Brown & Russell/Yankelovich Partners 2003 National Travel Monitor * 2002 data

Page 20: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

Our Starting Point:The Empowered Customer

Our Starting Point:The Empowered Customer

Scrutiny is high

Tolerance is low

Scrutiny is high

Tolerance is low

Page 21: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

Brute Force Branding

Page 22: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

Brochures

AdvertisingComments in the press

Sales pitches

Word ofmouth

Proposal

Purchase process

Receiving and paying invoices

Interactions withpeople from the company

Claimsprocess

Website

Referral

Where the customer meets the brandWhere the customer meets the brand

Page 23: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

If it all goes well …If it all goes well …

Customer says:“I get it …

I completely understand what this product can do for me … and I want

to be more involved with them.”

Page 24: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

Brochures

AdvertisingComments in the press

Sales pitches

Word ofmouth

Customerservice

Buying the product

Receiving and paying invoices

Interactions withPeople from the company

Using theproduct

Website

Publicity

Think of all the experiences acustomer has with your product …

Think of all the experiences acustomer has with your product …

Page 25: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

Brochures

AdvertisingComments in the press

Sales pitches

Word ofmouth

Customerservice

Buying the product

Receiving and paying invoices

Interactions withPeople from the company

Using theproduct

Website

Publicity

Think of all the experiences acustomer has with your product …

Think of all the experiences acustomer has with your product …

How do all these experiences blend together?How do all these experiences blend together?

Harm

ony?

Diss

onan

ce?

Page 26: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

Brochures

AdvertisingComments in the press

Sales pitches

Word ofmouth

Customerservice

Buying the product

Receiving and paying invoices

Interactions withPeople from the company

Using theproduct

Website

Publicity

Are these experiences mutually reinforcing?Are these experiences mutually reinforcing?

How do all these experiences blend together?How do all these experiences blend together?

Harm

ony?

Diss

onan

ce?

Page 27: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

Brochures

AdvertisingComments in the press

Sales pitches

Word ofmouth

Customerservice

Buying the product

Receiving and paying invoices

Interactions withPeople from the company

Using theproduct

Website

Publicity

Are these experiences mutually reinforcing?Are these experiences mutually reinforcing?

Is there a cumulative story here?Is there a cumulative story here?

Harm

ony?

Diss

onan

ce?

Page 28: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

Brochures

AdvertisingComments in the press

Sales pitches

Word ofmouth

Customerservice

Buying the product

Receiving and paying invoices

Interactions withPeople from the company

Using theproduct

Website

Publicity

Are these experiences mutually reinforcing?Are these experiences mutually reinforcing?

Or a jumbled mess?Or a jumbled mess?

Harm

ony?

Diss

onan

ce?

Page 29: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

Brochures

AdvertisingComments in the press

Sales pitches

Word ofmouth

Customerservice

Buying the product

Receiving and paying invoices

Interactions withPeople from the company

Using theproduct

Website

Publicity

Harm

ony?

Diss

onan

ce?

Brand HarmonyBrand Harmony

Page 30: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

Blending, not brute force!

Brand HarmonyBrand Harmony

Page 31: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

What does it “sound” like to be your

customer?

What does it “sound” like to be your

customer?

Brand HarmonyBrand Harmony

Page 32: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

Georges Seurat, A Sunday Afternoon on La Grande Jatte, 1884-1886

Page 33: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

“Brand”“Brand” Image

Logo

Tagline/Slogan

Reputation

Becoming a household name

Image

Logo

Tagline/Slogan

Reputation

Becoming a household name

X

X

X

X

X

Page 34: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

“Brand”“Brand”• A brand is a thought a customer has about a product …

• … that makes her want to be more (or less) involved with that product.

• A brand is a thought a customer has about a product …

• … that makes her want to be more (or less) involved with that product.

Page 35: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

“Brand”“Brand”• A brand is a thought• A brand is a thought•

… that is created by Brand Harmony

… that is created by Brand Harmony

Page 36: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

Your brand is not what you say you are …

Your brand is what your customer thinks you are.

Page 37: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

180 degree flip180 degree flip

• Companies don’t brand their customers

• Customers brand companies and their products

• Companies don’t brand their customers

• Customers brand companies and their products

Page 38: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

Branding isn’t about “getting your name out” in the marketplace

Branding is about getting individual customers to believe they want to do business with you

Page 39: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

Branding

One customer at a time

Branding

One customer at a time

…through Brand Harmony…through Brand Harmony

Page 40: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

Strong Brand = Higher Profits

Strong Brand = Higher Profits

Page 41: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

The Brand Harmony Results Model The Brand Harmony Results Model

$$$$

BrandImpression

All exp

erience

s the

custo

mer has w

ith

your product Customer

ThoughtCustomer

Action

StrongBrand

Harmony

Page 42: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

Key IdeaKey Idea

• Your business has much untapped “latent profit.”

• Customer action can unleash this profit.

• Challenge: Orchestrate all customer experiences in a way that encourages customers to do what you want them to do.

• Your business has much untapped “latent profit.”

• Customer action can unleash this profit.

• Challenge: Orchestrate all customer experiences in a way that encourages customers to do what you want them to do.

Page 43: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

What creates a “page turner?”What creates a “page turner?”

Page 44: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

Chapter1

Chapter2

Chapter3

Chapter4

Chapter5

Chapter6

Chapter7

The Story UnfoldsScene by scene, chapter by chapter

The Story UnfoldsScene by scene, chapter by chapter

Page 45: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

time

CustomerLifecycle: Learning

aboutyou

Becomingyour

customer(purchasing)

Being your

customer

Chapter1

Chapter2

Chapter3

Chapter4

Chapter5

Chapter6

Chapter7

The Unfolding Story of Your Brand

The Unfolding Story of Your Brand

Page 46: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

Customer TouchpointsCustomer Touchpoints

Telling the story

of your brand

Telling the story

of your brand

Page 47: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

Customer TouchpointsCustomer Touchpoints

What you need to do:

• Map all of the touchpoints

• Determine which touchpoints …• Most influence customer brand impressions• Have the most “opportunity for

improvement”

• Prioritize!

What you need to do:

• Map all of the touchpoints

• Determine which touchpoints …• Most influence customer brand impressions• Have the most “opportunity for

improvement”

• Prioritize!

Page 48: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

Discovering the“Desired Brand Impression”

Discovering the“Desired Brand Impression”

Page 49: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

What is your story?What is your story?

Page 50: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

The memorable, motivating brand storyThe memorable, motivating brand story

“I get it …

“I want it …

“I can’t get it anywhere else.”

“I get it …

“I want it …

“I can’t get it anywhere else.”

Page 51: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

Jerry Garcia of the Grateful Dead

“We didn’t want to be the best at what

we did …

We wanted to be the only ones doing what we did.”

“We didn’t want to be the best at what

we did …

We wanted to be the only ones doing what we did.”

Page 52: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

The memorable, motivating brand storyThe memorable, motivating brand story

“I get it …

“I want it …

“I can’t get it anywhere else.”

“I get it …

“I want it …

“I can’t get it anywhere else.”

Page 53: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

CustomerThought

$$$$CustomerAction

BrandImpression

All exp

erience

s the

custo

mer has w

ith

your product

“I get it,I want it,

I can’t get it anywhere else.”

Customer = Anyone

whose actions affect your results

Page 54: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

So … what can you do about all of this?So … what can you do about all of this?

Page 55: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

“Marketing” isn’t a department in your company

“Marketing” isn’t a department in your company

Everybody in the company is in the “marketing department”

Everybody in the company is in the “marketing department”

Be the Brand!Be the Brand!

Page 56: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

Be the BrandBe the Brand

• When everybody in the organization understands what they do to contribute to the creation of Brand Harmony.

• When everybody in the organization understands what they do to contribute to the creation of Brand Harmony.

Page 57: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

Be the BrandBe the Brand

• Internal Marketing:

• It must be as deliberate, strategic and serious as any marketing effort directed at external customers

• Internal Marketing:

• It must be as deliberate, strategic and serious as any marketing effort directed at external customers

Page 58: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

Be the BrandBe the Brand

• Is “Be the Brand” the same as “Service with a Smile?”

• Is “Be the Brand” the same as “Service with a Smile?”

Page 59: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

Be the BrandBe the Brand

• Do employees want to “Be the Brand?”• Do employees want to “Be the Brand?”

Page 60: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

Three Secrets of Successful Be the Brand Efforts

Three Secrets of Successful Be the Brand Efforts

1. Make sure everyone understands how to Be the Brand

2. Make sure everyone can Be the Brand

3. Stick with it!

1. Make sure everyone understands how to Be the Brand

2. Make sure everyone can Be the Brand

3. Stick with it!

Page 61: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

Ask an employee this question:“What is your job?”

Ask an employee this question:“What is your job?”

Page 62: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

Brand Harmony - how your customers evaluate you

Brand Harmony - how your customers evaluate you

Your customers are using

Brand Harmony right now

Your customers are using

Brand Harmony right now

Page 63: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

Steve Yastrow

Creating a compelling brand story to drive

business results

Herning Erhvervsråd10-19-04

[email protected]

www.brandharmony.com

© Steve Yastrow, 2004

Page 64: Steve Yastrow Creating a compelling brand story to drive business results Herning Erhvervsråd 10-19-04 steve@yastrow.com  .

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