Sunday, September 21, 2008

Is your brand dead? Does imagery matter anymore? (Part I)

Yesterday I read an article on Bnet entitled "Kiss Your Brand Goodbye". This is a book review of Jonathan Salem Baskin’s new book “Branding Only Works on Cattle”.

The book is an interesting opinion on a larger trend in advertising and branding to deal with the new influence of integrated marketing (combined traditional advertising and web based marketing) and consumer mindset in the new millennium. His hypothesis is basically that a "brand" is an emotional association that marketers have created but consumers no longer buy into that association. They have become smarter and now look for product attributes that offer "actual" value rather than emotional brand attachment. This book is part of a trend to kill branding and in essence completely revise the advertising industry (some argue this has already happened). Well, I’ll throw my two cent hat into the ring (if you’ll allow me to mix sayings)...

First, brandchannel.com (article by Vincent Grimaldi) provides a pretty concise definition of branding:
Branding is the foundation of marketing and is inseparable from business strategy. It is therefore more than putting a label on a fancy product. Nowadays, a corporation, law firm, country, university, museum, hospital, celebrity, and even you in your career can be considered as a brand.
As such, a brand is a combination of attributes, communicated through a name, or a symbol, that influences a thought-process in the mind of an audience and creates value.

Ok, full disclosure, I have not yet read Baskin's book (I plan to), so I won’t be able to delve too deeply into his specific arguments. However, the article gives the background, and the book has several points that he claims prove that branding should be dead:
  1. “There are no more trends, only moments” – shattered attention spans of consumers have killed the trends
  2. “Subtlety is dead” because “people are more literal now” – our diversity means we no longer share as many common experiences. This means that “repetition risks becoming noise” and brand “recognition isn’t the same as brand relevance”
  3. “Choice is real-time” – in other words, brand messaging doesn’t matter, and “forget about inspiring purchases through appealing to fantasy”
  4. The “Virtual Experience is the new dreamscape” - social media “conversations are just the beginning”
As Michael Fitzgerald, the author of the bnet.com article points out, this is ahead of where we are in the market right now, and as such, I don’t actually agree with all his points.

I think of branding to be more like developing a friend – the brands are perceived to share consumers beliefs or interests, and consumers are likely to start the purchase process by looking at their "friends." Setting the attributes of a brand is an excellent way to set guidelines for the way a business will be marketed. For almost four years now, I’ve read about how the branding world is dying (Baskin’s book is just the latest shot across this bow), but then brands like Apple, Coke, Pepsi, BMW, Budweiser, Columbia, etc. remain stronger than ever.

In my mind, Baskin's argument only works if you don't believe consumers make image-driven purchases. Does just advertising product attributes or benefits really hold greater value than advertising a brand image? Frankly, I would argue that this isn’t the right question. We should be asking whether the current advertising model is working properly in the integrated social media millennium. Does the current media mix really work to advertise product benefits and image or is it all just becoming noise? I would argue that (as in the past) the two still can't be truly separated without disastrous results, but creating a truly integrated mix to reduce noise and target niches is the key to branding now.

3 comments:

Anonymous said...

Dave, thanks for riffing on my "10 Rules," and I appreciate your willingness to check out my book, Branding Only Works On Cattle.

My basis premise is that the way companies deliver branding -- even through new media -- is pointless compared to how consumers brand things themselves. The tools of that branding are experience, community, and the interaction with aspects of businesses other than brand marketing and its content (among many inputs)...and not the imaginative product of what companies still define as 'branding.'

Imagery doesn't 'matter' anymore, in my analysis. Most branding is nonsense.

I believe I'm describing the present, not a future state whatsoever, but I look forward to your thoughts.

jsb

Dave Hurst said...

Hi Jonathan, Thank you so much for responding to my thoughts! I appreciate the opportunity to actually talk to the architect of these theories.

I agree with you in some respects, and I understand and agree wholeheartedly with your assertion that the tools of "branding are experience, community and the interaction..." But my problem is, this model seems to fall apart for companies who don't have a strong brand (or good past experience/interaction) and are in rebuilding mode.

I totally agree that the bottom line is always the product, but if consideration isn't given because of the brand attached, then consumers will respond some "old school" branding tools to remake perceptions. Schwinn is an example for this. It is a brand that has been stretched to too far (and sold too often in my opinion, but that's a whole different discussion). How do you retool the brand when the many people who shop in the most profitable segments (high-end bikes) won't even consider it anymore? The product is (arguably) there, the brand isn't. So, is all this an issue of communicating a new brand image or still just an issue of addressing problems with past experience, community, interaction? I guess maybe I'm not sure what the difference is. Does it all come down to creative content and clever tagline writing? Hmm, maybe I do agree with you and just don't know it yet.

Thanks again, I look forward to continuing the conversation after having finished the book!

Anonymous said...

I look forward to continuing the conversation, too, Dave. Re your issue on the rebuilding of brand, just insert the word "behavior" every time you think of using "image" and it makes a big difference. Re Schwinn, you don't "retool the brand" (i.e. mess with the image first), but rather "retool the business" and create the set of real, differentiated actions that make the company relevant and worthy of attention. the brand is then the communication of the business?