5 things to avoid when creating a brand

FIVE PITFALLS TO AVOID IN CREATING A BRAND—A SUCCESSFUL BRANDING CAMPAIGN TAKES TIME, PREPARATION AND A LOT OF ORIGINAL THINKING

Building a new brand from the ground up isn't easy. But a strong brand is important. To be most effective in your new-business efforts, your brand should project expertise, confidence, professionalism and security. What's more, prospects and clients should experience your brand consistently at all times, from their first encounter as a prospect to their most recent client meeting.

If you have been in your industry for many years and are now revisiting the state of your brand because you realize that it doesn't adequately reflect who you are and what sets you apart from your competition, don't despair. Brands can be relaunched if the job is done right.

Preparation is everything. To grease the wheels a bit, I've identified five common pitfalls in building or rebuilding your brand and how to avoid them.

1. The fast follow. Too often, business managers believe that if they do everything their biggest competitors do, they'll be successful. To be sure, following successful operational practices makes sense, but following another firm's branding or marketing strategies doesn't. Branding is one area where you should stand out.

Consider the branding of Apple Inc. The company's success came not from doing what other computer companies did but from forging its own idiosyncratic path. It took risks, innovated, shocked and surprised the public. Sure, ideas it tries aren't always a success, but many of those ideas have made huge waves.

While, for instance, financial services may not provide the same kind of breeding ground for new products as the computer industry, positioning yourself a little bit differently will set you apart from the competition.

2. Designing for yourself. Your brand should reflect who your firm really is—and yes, you as an owner, are a part of its identity. But when you rely on your personal preferences rather than considering what's most important to your current clients and prospects, you wind up designing a brand for yourself, not one for your organization.

To avoid this trap, you've got to approach things from the perspective of the customers. In fact, you must find out what they think. Use a third-party resource to conduct interviews with your customers or, if you're willing to be quiet and listen, ask them yourself. What do they consider your firm's strongest attributes or characteristics? What, in their minds, sets you apart from other competitive firms? Design a message around these elements, and you will construct a brand that accurately represents what your firm stands for.

3. The speed demon. When approaching many tasks, including marketing and branding, many owners just want to “get it done.” The speed demon tries to move too fast at the beginning of any brand-related program. Without the experience or foresight to understand how crucial foundational decisions will affect every subsequent effort down the line, the speed demon is setting himself or herself up for failure. A branding initiative that is rushed and treated carelessly will produce only substandard results.

To avoid rushing and making a mistake, treat this process with the respect it deserves; it's an easygoing, long-distance run, not a sprint. You will be more efficient and effective later if you spend the time upfront to create clear direction, alignment and consistency.

4. The art director. Since everyone believes they have good taste, it's only natural that business owners feel they can design their online and print materials better than anyone else. Usually, this isn't the case. Hire professionals and then let them do their work. Provide guidance, but don't be the brain and hands to execute the work.

Your job in all of this is to provide the artistic and creative people with all the information about your business they need to know to get the job done. Make sure they understand what you do, how you do it and what differentiates you from others.

5. The passive observer. Once your creative team produces designs, copy and materials, provide clear, specific responses. “It's just not right” or "I'll know it when I see it" are not helpful, and sending the creative team back to do more work without clear direction is inefficient, and a waste of time and money.

To ensure a better result, be direct and decisive about what you want—and what you don't want. The process should be collaborative, but it's your brand, and you want the end product to be an accurate, powerful representation of your firm.

Building a solid brand takes time and attention. Expect a few bumps along the way, but do it well, and your prospects and clients will think they've just arrived at The Four Seasons.

Why are you here?

WHAT MAKES YOUR COMPANY SO SPECIAL? BEING ABLE TO DEFINE YOUR PURPOSE IS THE FIRST STEP IN BUILDING A GREAT BRAND

Pop quiz: Who are you? What do you do? And why is it important? In other words, why does your company matter? 

The first two questions are relatively easy. You should be able to give confident, concise answers in simple terms and break down any complexities into concepts that are easily digestible by your audience.

The last question is a tough one.

Almost everyone can tell you who they are and what they do — but what makes them special? What makes them relevant? What is their purpose? To reach your full potential, you need compelling answers to all of those questions, but especially to why you matter. Your audience is searching for reasons to trust you and connect with your firm. Without purpose, you will never build the kind of loyalty truly great brands inspire.

By building an authentic, successful brand for your firm, you will find your place in the market and be able to assess how you stack up against the competition.

KEEPING PROMISES

The most important thing to understand about your company's brand is that it isn't about who you think you are; it is about who they think you are. They are your clients, the people you want to be your clients and the people who support your competition.

If there is any inconsistency between what your firm says, how it acts and the outside world's experience, you have a problem — you aren't fulfilling your promise. And it may be time to invest more in your brand.

If you break it down, that is what a brand is: a promise. In days gone by, it started with a handshake — it meant something. You can put a great deal of well-intentioned work into building a splashy identity, but if you don't fulfill your promise, that effort doesn't matter much. Your audience will move on to a company that keeps its commitments — to a brand that they can trust.

FOCUSED VISION

If you don't know where you are going, the chances that you will end up where you want to be aren't good. You need a destination.

You should have a focused vision for your brand, with a definition for success and clearly stated goals. You also need solid strategies and tactics in place so that you aren't trudging along without a plan — or much hope — for actually achieving your goals.

Keep in mind that the bottom line isn't the only way to measure success, though it is often a reflection of it.

Creating a definition of success beyond profit margins for your firm — whether that means upholding customer care and community relationships, charitable giving, sustainability or ethics and social justice — is empowering and important in today's marketplace. It not only gives a greater sense of purpose to your work (i.e., reasons why you matter) but also provides touch points for your audience to connect with your firm, based on shared values.

SAY 'CHEESE'

Asking these kinds of questions — and seeking out honest answers — will result in a more precise snapshot of how your firm is perceived. The goal is to form a solid awareness of how your audience sees you, versus your competition, and where any shortcomings exist so you can, in turn, build long-term momentum.

This honest appraisal and understanding should be the foundation on which you develop your brand. Without it, you are building on quicksand and gambling based on guesses.

There isn't a business school in America that teaches the “best guess” methodology for success, and there is a reason for that.

Elevating your brand requires you to be smart — not reactive. That means being disciplined and staying committed to your guiding principles.

If you take this approach, you will be able to make strategic, informed decisions that reflect who you are, what you do and why you matter — decisions that help you earn loyalty by keeping your promise with integrity.