Tuesday, July 17, 2012

Why This Whole Branding Thing Is Driving Me A Little Bit Crazy


Branding, schmanding.

The next person who tells me they want to “brand” their business may actually get a hot iron emailed to them. Somebody out there is spreading the ugly rumor that branding is a worthwhile marketing investment for contractors. It’s not.

First of all, branding isn’t bought. It’s earned, over a long period of time, with regular installments of market credibility. It’s actually kind of rented. The public and their perception are the brandlords, if you will. They can raise the rent, kick you out, or hail you as the greatest. It’s pretty fickle stuff.

Your manufacturer is into branding and “protection of the brand” because they’ve earned it over many years and millions of dollars. Sometimes that protection is well-placed; sometimes not.

Every now and then, I’ll speak with a distributor about doing a seminar, and they’ll want to see if the manufacturer might co-op the fee, which is fine. But when I get a call to “make sure that my material doesn’t conflict with the brand”, I feel like they’re referring to some mote-dwelling, ill-tempered monster that feeds on people who might dare forget to curtsy in it’s presence. Those calls are usually fairly short.

I’m not disrespectful; but there are two issues at stake here. Am I to come speak to a group of business owner/ dealers who need marketing help to keep their phones ringing at some fiscally sane level… or am I speaking to protect an inanimate ghostly perception? Sorry, I market to people, for people who have mortgages and payrolls.

And I also “get it” about the brand. It deserves respect.

Carrier’s blue oval means something, Maytag’s name conveys something, Dave Lennox stands for something. And those things, dear readers, are what the brand “is”. If quality slips, or competition beats them up, it is said to be “erosion of the brand”. Wall Street and Main Street both take notes. Cadillac would be an example of one who “had it”, then lost “it”, and is now steadily regaining “it”.

And if I use the word “it” in quotation marks one more time in this article, I deserve to be branded in some non-public place, which might start a new trend in body art.

My point is that, as a small business, you don’t need to spend money to “brand” yourself for crying out loud. You need to spend money to get phone calls (Direct Response). Then you need to make sure that customer never leaves you (Retention). And to fill in the gaps between those two, fill it with credibility (Publicity marketing) and professionalism (Image advertising). You want to pepper in highly repetitious TOMA ads, which are the nearest thing to a branding ad I’ll ever recommend. You want to be known and recognized, away from the pack of pretenders who are copying everyone else.

Once you earn legions of customers, and have exposed yourself repeatedly to your market through ads, publicity, trucks, vans, outdoor signage, and the cumulative reputation among your public, you then have a brand. Yes, you, without millions spent, or the silliness in pursuit of the largely ungraspable.

The worst thing you can be in your market is unknown. People pay more for a known company or brand than an “unknown”. People have “seen your name” or have “heard of you” often equate this presence with “quality”. Hopefully this concept has been ingrained in your marketing mindset by this point.  But remember, your skills, customer service, quality, and value are ultimately what “brand” you.

Final bit of advice:  If someone tells you need to spend money “branding” your company, please run away.  And should you bother to return, please bring a mental health care professional.  Your “friend” obviously needs the help more than you need his business “sense”.

No comments: