Monday, December 8, 2008

CYBER BRAND

I wrote this article in 2005 for Business Strategies Magazine. It is as relevant today as it was then. Note in particular the emphasis on Trust in the last paragraph as it relates to the success you will achieve on the web!

Most small businesses are of the opinion that their website is like a billboard on the Information Superhighway. Unlike traditional billboards, having a website without promoting it effectively is an exercise in futility (It truly amazes me how many small business owners and managers still think this way).

If the majority of businesses that have had limited or no success on the Internet were honest with themselves they would acknowledge that they have no clear direction when it comes to the Internet. This manifests itself in their lack of focus and their inability to state, in no uncertain terms, why they are online.

Why Are You Online? The development of a very clear objective statement for your online activities is important because it will help you shape what is it that you intend to do specifically and why you are online?

Branding is a term that you hear most often in relation to big product names like Coca Cola, General Motors, Microsoft, and so on. Not so coincidentally, these are some of the most well known brand names in existence today. These companies recognize that the perception that exists in their customer’s minds, which is essentially the brand message, is a valuable commodity. It is so valuable that often times it is considered as the most valuable asset of any company. For example, the Microsoft brand, which is one of the most well recognized brands in the world, is worth 65 Billion dollars, according to Interbrand, the brand valuation company.

You may be thinking, how does that affect me and my start-up or small business? As follows: Those giant companies with their mega brand valuations didn’t start out as giants. They began life as somebody’s vision or dream in a basement or garage or in a back room somewhere. Over time they were able to define a very specific category or market segment and then dominate it. As a result, their brands came to be identified with that category or segment. The meaning of their brand names evolved accordingly and became associated with a positive image in the mind of the customer.

In their book, The Fall of Advertising and The Rise of PR, Al and Laura Ries submit that, “The best way to establish a brand is to create a new category...This is a revolutionary concept in the sense that it goes against conventional thinking.” They go on to say that, “Creating a brand and defending a brand are two major functions of a marketing program. PR creates the brand. Advertising defends the brand.” (Editorial comment: I really believe that Al & Laura kicked off the Social Media emphasis on the web, without even knowing it...)

Public Relations builds the brand. There have been more cases of brand building failures that were directly related to the misuse of advertising for this purpose, than most advertising and marketing people care to remember. It is incumbent upon you, the small businessperson, not to make the same mistakes .

In establishing your brand, it is important to follow the path of success mapped out by other successful brands many of which you most certainly are familiar with because they are household names. After defining your particular category you need to work diligently to associate your brand name with that category striving to establish that positive impression that will set you apart. The Internet represents the ideal opportunity through which to do this.

The Internet was created to enable communication, cooperation and collaboration. Public relations strives to do the same thing. Most people view PR (articles in newspapers & magazines, the news, editorial columns, etc) as the advice of a “trusted friend. You have the opportunity to establish this same level of trust using the Internet as a primary communications medium with your customers and prospects. Be cautious about the contents of your messages however. Try pushing a blatant advertising message through this medium and you will quickly loose that trust.

Everything about the design of your Web site should represent your unique position within your category and support the positive impression that you are striving to establish in the minds of your customers. In addition, the information that you make available to your Web site visitors needs to build on the philosophy that you are developing a trusting relationship with your customers and prospects.

1 comment:

  1. Fantastic post, Chaz. Two points especially:

    1. Thinking of your business as a brand is as relevant to small businesses as it is to mega corporations. It is the only way to set yourself apart from the dozens of other small businesses in your market that do the exact same thing as you. The ones that think in terms of differentiation and brand recognition will probably outbook and outsell those which don't. Note: It's a mindset/strategy thing - not a logo thing.

    2. Just having a website is like the web equivalent of having a street address. Big deal! If you don't promote your own web address, you're basically just letting it sit there. It isn't mentioned often enough. Most companies spend A LOT of money on websites just... for the sake of having a website, but they don't market them or employ them properly. If you own or manage a business, performing a 360 review of your web properties at least every quarter is an imperative. Who's managing that side of your business anyway? Anyone? Anyone? Exactly. ;)

    Well done. I'm RT'ing this. ;)

    ReplyDelete

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