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Brand Building Explained by Frank Delgadillo

Brand Building Explained by Frank Delgadillo

<p style&equals;"text-align&colon; justify&semi;">The skill of brand-building has long been a highly valued asset within the consumer marketplace&period; The connection between a strong brand identity&comma; customer loyalty&comma; and improved profitability make it especially attractive in an environment as hectic as the one we are facing&period; As it happens&comma; a strong brand identity attracts a loyal customer-base and with a strong following comes a steady growth in profitability and brand value&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Frank Patrick Delgadillo &&num;8211&semi; an expert at brand building &&num;8211&semi; joins us to offer his credible insights on how to strategically build a business from the ground up&period; Frank is a decorated entrepreneur&comma; brand builder&comma; creative director&comma; and product&sol;fashion designer&period; According to Frank&colon; &OpenCurlyDoubleQuote;The question today in marketing is no longer just how to build quota&comma; how and where to identify potential customers&comma; but what to do so that they remain&comma; become ambassadors of our brand&comma; and can achieve better benefits in the medium term&period; Nowadays&comma; the emphasis is more on being economically sustainable than on following the trail left by the flares of transitory quota increases&period;”<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">To get out of the whirlwind of inflation in the generation of differential elements that complicate the product and deteriorate margins&comma; to get out of the opaque wall of an oversaturated offer of purely functional sales promises&comma; brand building has become an effective tool&period; This is not only a name that identifies the product or service&comma; but it synthesizes and represents the values with which an effective relationship with the client or consumer can be generated&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">The brand not only answers what the product does for me&comma; what functions it performs&comma; and what differential attributes it has when it comes to solving a need for tangible order but also answers the question of what the brand says about me and my choice of lifestyle&period; This generation of insights is at the key of market mobilization&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">The customer wants to be reminded of his place in society and often emotionally&comma; products should strengthen this notion&comma; and within a passionately strong brand identity people find solace in the BRAND&comma; as well as the products&period;<&sol;p>&NewLine;<h2 style&equals;"text-align&colon; justify&semi;"><strong>Structure and meaning<&sol;strong><&sol;h2>&NewLine;<p style&equals;"text-align&colon; justify&semi;">&OpenCurlyDoubleQuote;Traditional models of brand building&comma; such as that followed by a good part of the agencies&comma; place emphasis on identifying the functional&comma; expressive&comma; and core values of the brand&comma;” &&num;8211&semi; as highlighted by Frank&period; Through creative-communications&comma; successful brands generate the structure on which to build a connection with the client&semi; that is&comma; they try to establish the pillars on which to establish a stable relationship with him&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">However&comma; for the brand to achieve its objective of generating profitability through loyalty&comma; it needs to go further&colon; it must not only have a structure &lpar;continent&rpar;&comma; but it must also have meanings &lpar;content&rpar;&period; If the marks have value&comma; it is because &&num;8220&semi;they can be weighed&&num;8221&semi;&comma; and the weight is a matter of volume and mass&colon; the marks must be dense&period; Giving brand density means giving it texture and temperature&period; It is what Pepsi is doing through the Pepsi Refresh Project or Harley-Davidson with its Posse Ride &lpar;etc&period;&rpar;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">The co-creation of the brand between the client and the product generates an interaction that increases the temperature of the relationship&comma; achieving greater warmth&period; Socialization processes –and here&comma; social networks have come to our aid– make it easier for brands to be incorporated into vital practices and to be significant elements in the relationship between people and groups&comma; transcending the mere commercial relationship&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Similarly&comma; the generation of experiences around the brand make it &&num;8220&semi;appear in motion&comma;&&num;8221&semi; in use&colon; it is not about selling products&comma; but about selling ideated moments&period; We do not sell a trip to the Dominican Republic&comma; a cola&comma; and a cigar separately&comma; for example&comma; but the satisfaction of enjoying the moment of contemplating a sunset looking at the Caribbean Sea with a soft drink in hand and enjoying a good pure &lpar;for those who smoke&rpar;&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">This way of generating meanings by activating the experiences of use and consumption allows the brand to be incorporated into a narrative that facilitates the discovery of who versus what&period; The products are endowed with personality in an artificial way&comma; but it can never sound artificial&period; The who is the brand makes it to better connect with the customer&period;<&sol;p>&NewLine;<h2 style&equals;"text-align&colon; justify&semi;"><strong>Establishing the Connection<&sol;strong><&sol;h2>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Frank argues that brand building processes require matching two strategies simultaneously&period; On the one hand&comma; the generation of a structure that gives them volume&period; The product&comma; its functional characteristics&comma; and the rational values with which it is associated play a fundamental role here&period; The product in its functional dimension is a necessary condition for the brand to exist&comma; but it is not a sufficient condition&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">On the other&comma; the processes of socialization&comma; generation of experiences&comma; and the incorporation of the narrative into the endowment of meanings&comma; the mobilization of feelings and emotions&comma; must be activated&period; These are sufficient&comma; but not necessary&comma; conditions in the existence of a brand&period; Thus&comma; the necessary and sufficient condition for the brand &lpar;the &&num;8220&semi;if and only if&&num;8221&semi; of the brand&rpar; arises from the combination of the functional elements enriched by the emotional ones&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">The connection established between the brand and loyalty is justified because it challenges the customer as a person and not only in his role as a buyer&period; There is a process of humanization of the sale that activates the symbolic elements that give it greater density&comma; a texture of greater warmth in the relationship&period; The connection between loyalty and profitability comes from the activation of income increase factors &lpar;higher average ticket&comma; more sales per cross-sale&comma; more movement of the assortment&comma; less elasticity to the price&comma; etc&period;&rpar;&comma; with those of cost reduction &lpar;capturing clients and portfolio optimization thanks to the standardization processes for greater and better knowledge of customer demands&rpar;&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Loyalty is the client&&num;8217&semi;s free adherence to the company&&num;8217&semi;s offer&period; Its effect is permanence over time&period; Thanks to this&comma; profitability drivers are activated&period; The temptation is to simplify the process and confuse the cause with the effects&comma; putting into practice practices that are closer to customer retention than true loyalty&comma; which&comma; to be effective&comma; needs to be free&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">The seduction that we try to induce has its foundations in the generation of meanings through the incorporation of narrative components&period; Telling a story reveals meaning without making the mistakes of simplifying a mere definition&period; Balzac said that chronology &&num;8211&semi; the mere accumulation of data &&num;8211&semi; is the history of fools&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">As our clients are never fools&comma; they need to be captivated by incorporating the product into a story &lpar;storytelling&rpar; that gives its full meaning&period; And this is a task not only for advertising but also for corporate communication&comma; the management of social networks&comma; and the vast and rich set of below-the-line actions that we have at our disposal&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">The logic is clear&colon; a brand is truly narrative when the brand story is told&period; When stories about the brand are communicated &lpar;advertising&rpar;&comma; when the brand is incorporated into a story &lpar;product placement&rpar; and then share the story with the client &lpar;co-creation through social networks&rpar;&period; Hold your company accountable for brand building&comma; and you will see customer and client engagement grow&period;<&sol;p>&NewLine;

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