Seattle Community

Steve MacDonald
Steve MacDonald
Brand Strategy & Social Media Consultant
Seattle, Washington
Greatly helpful
8.2
out of 10
9 votes

Brand Strategy Consultant: Stop Wasting Your Marketing Dollars (Part 2 of 2)

How do Fortune 500 companies ensure that their marketing dollars are working at peak capacity? The answer isn't a secret as much as a formula for success. Business Week's Special Report on brand strategy agrees, as should any marketing consultant.

Written Jul 23, 2008, read 1003 times since then.

 

Editor's note: This is part two. Here's a link to the first half of this article.

The way to stop wasting your marketing dollars is told in a special report from Business Week that came out last month entitled, “ A practical Guide to Branding.” The sub-head reads, “Define your brand identity—your product's "personality"—before you spend a dime on advertising or marketing.” The opportunity for most of us is to make our very first step as business owners to develop our brands. The article goes on to highlight this through three main points:

1. Studies show that companies who market their products or services without first establishing their brand identities are not likely to achieve return on investment.

2. If you're spending money to advertise and market without being connected to a brand position, you might as well pile the money up and burn it.

3. Branding is about getting your prospects to perceive you as the only solution to their problem.

The question then becomes, “How do I develop a powerful brand that creates the perception behind my company’s offerings that I am the only choice for prospects.” This is where the large Fortune 500 companies start out right…they know their customer inside and out. They know their customer better than their competition, how the product or service fits into their lives, what trends effect purchase decisions and how to apply those learning’s into a balanced brand promise that connects both rationally and emotionally with prospects. Sounds simple enough.

It is actually quite simple to stay in touch with your customers. And that can happen in part through the ongoing sales and service process, but that only scratches the surface. There is just no replacement for direct one-to-one conversations, which is why phone interviews are my most often used brand research tool.

The following are tips on how best to interview your customers or prospects to unlock the secrets of what will really motivate them to buy from your company. If you accomplish this, then all the marketing dollars you spend to drive qualified leads will have a much greater degree of success. It is the most important first step that you can take as a marketer of your company.

How to Interview a Customer for Branding Insights

It is important to remember that people aren’t always very good at articulating what they are thinking or feeling. So it is crucial to make sure that you think about three things as you prepare to conduct your interviews:

1. Ask the same kind of question from different points-of-view.

a. This allows people to answer the questions in a different way, getting more feedback than you normally would get from one straightforward question and answer.

2. Think of ways that you can give examples which will allow interviewees to better articulate feelings.

a. One of the most powerful areas that you will want to uncover is the emotional connection people have to your brand. Rational reasons get you on the consideration list, where emotional reasons are usually the reason why one brand is selected over another.

3. Talk to your most loyal clients. And if you are just starting out, talk to prospects that you think embody what will be your core customer group.

a. Loyal clients are the ones that stay with you over time, provide the most stable income, are willing to pay more for your service and can be your greatest advocates. In essence you want to create more of them by understanding their thoughts and feelings about why they are loyal to you. Only then can you try to emulate that in marketing and other customer relationships.

 

What Questions Should I Ask In An Interview?

There are ten categories of questions that you will want to cover in your interview. Each relates to a very different set of insights.

1. Reasons to Purchase – Ask people very directly why they actually bought. What triggered the purchase and what was the most important reason why they thought it was a good purchase decision.

2. Benefit Categories – Ask how they benefit from the product or service. You will find that people naturally start talking about very rational benefits (saves money, more durable, easier to use, etc.). These are very important to know, but it is equally if not more important to know the emotional benefits delivered. This is where you might have to give some examples (trust, fear, safety, pleasure, confidence, security, etc.).

3. Emotional Triggers – This is where we want to know how important the emotional connections are to them and their lives. I often ask people to rate the importance of this product in their daily lives, their retirement planning, their ability to be productive, etc. I have them answer on a scale of 1 to 10, and then ask and probe why. This gives them a great way to project about the true emotional connections to the brand.

4. Unmet Needs – This is an area that usually comes at the beginning of the interviews. I may ask about what set of events or inputs led up to making a purchase decision. This gives you a great background into what true needs or desires are and how the purchase decisions form.

5. Pont-of-Difference – This is to establish what makes you different from your competition. You have to understand how others think you compare in order to relevantly differentiate your company.

6. Areas of Strength –I usually start out by saying that every company is good at many things or else they would have gone out of business a long time ago. That is a great lead-in to ask what your company does well.

7. Loyalty Stimulus - I usually say to interviewees that they have been selected to interview because they are a loyal customer. And then I ask them if they agree. Most always they say yes since they were hand selected. I than ask for them to articulate what it is about the company that heightens their sense of loyalty.

8. Points of Weakness – After discussing strengths, you can ask if there are areas where the company could improve in order to serve you better.

9. New Opportunities – This is a time to ask if they see any new opportunity for the company to address a new idea.

10. Anything Else – There is always an opportunity to give the interviewee a chance to say something about the company that has not already been covered. This open-ended approach can reveal some very interesting insights.

Once you have the answers to all of the above, the road to a powerful brand promise (see Part 1 of this article for important information on building a brand promise) becomes a much clearer path.

 

Want to Learn More About Creating Your Own Brand?

I'm co-hosting a Biznik workshop on Do-It-Yourself Branding and creating a Compelling Story with Pamela Ziemann on Monday the 28th of July at 4pm.

Guaranteed, you will leave this event with practical knowledge, tools and the start of your unique story which will help you attract more leads and convert more sales. If you don't agree, we'll gladly refund your money. The cost is $12.

Learn more about the author, Steve MacDonald.

Comment on this article

  • Nancy Juetten
    Posted by Nancy Juetten, Bellevue, Washington | Jul 24, 2008

    I love the point you make about creating an emotional connection with your customers.

    In my own journey to craft my company's unique selling proposition, it occurred to me that folks were telling me they wanted publicity, but what they really wanted was to be seen, heard, and celebrated in their own backyards.
    That was a huge revelation that resonated with my clients.

    I can't say enough about getting to that essential message that creates the emotional connection. It's a priceless message that generates powerful dividends for clients and for your own business.

    And there is no "easy button" to figure it out. You have to do the work, and the guidance you provide in this article is right on the mark. Thank you for another great submission.

  • Winnie Lau-Heath
    Posted by Winnie Lau-Heath, Bellevue, Washington | Jul 24, 2008

    This is excellent, Steve! Thank you for these informative and practical articles. That leads us to think about the foundation when making a marketing plan.

    I think business owners should also have a budget based on projected sales & marketing plan before spending it. It is fun and easy to spend $, however, if it can reach our target market effectively & efficiently.

  • Steve MacDonald
    Posted by Steve MacDonald, Seattle, Washington | Jul 24, 2008

    Nancy and Winnie,

    Thank you so much for such great response. If we can all find that simple emotional connection that you talk about Nancy, we;ll go from being considered to being the only choice. It is that powerful.

    Thanks.

    Steve

  • Cathy Breshears
    Posted by Cathy Breshears, Kirkland, Washington | Jul 25, 2008

    Thank you for your article. I've been working on refining my ideal client from the people that I love working with currently. This helps me format more specific questions for specific answers, instead of just, "you're great!".

  • Jenifer Johnson
    Posted by Jenifer Johnson, Seattle, Washington | Jul 25, 2008

    Steve you are just THE guy to go to for this type of thing. I am more than excited to see what you come up with for our company and I can't wait to pass on your name to others.

  • Steve MacDonald
    Posted by Steve MacDonald, Seattle, Washington | Jul 25, 2008

    Jen and Cathy,

    The best way to be successful is to know your customers better than any one else. They are, by the way, the highest authority. We simply manage our brands, but the ownership lies in the minds and perceptions of others.

    Steve

  • David Berkey
    Posted by David Berkey, Edmonds, Washington | Jul 28, 2008

    Your articles drive home the point to me, as to the importance of connecting people's branding to the ink-on-paper visual communication pieces.

    Too many times, I see brochures run off a desktop, business cards that try to say too much, or color usage, seemingly uncoordinated, without a pallet which visually brands their companies. As you mentioned, there is an emotional side to the brand. Visuals evoke negative, as well as positive images about a service or product. You know the saying: "an image is worth a thousand words."

    "Perception is everything", so we've all heard. Then why use sub-quality print material if a company (or independent agent) is trying to be perceived as different or quality oriented? It's actually the least expensive cost for the high impact received.

    Visuals are only a part, but a necessary part, of being viewed as the only solution to a problem. A brochure, folder or business card is referable and print is traditionally more believable. Although, it can be tossed, many remember what gets tossed. I can remember that JFS wants a donation, B of A wants me to have another credit card and Global Knowledge wants me to take their courses. But, I don't remember what e-mail (spam mail) I've deleted. The printed matter had strong logos and colors as part of their branding efforts. And to me, making your image memorable is important in the branding effort.

    Thanks again, Steve, for your contributions. I learn a lot from the articles (part I & II) and can incorporate much of it into my own presentations. I guess it's easy reading when I find the author is preaching to the choir.

  • Glenn Anderson
    Posted by Glenn Anderson, Kailua-Kona | Jul 29, 2008

    I read parts 1 and 2, got alot of good info as I'm revising our business plan with a 1-3-5 year plan as to where we should be in that span of time. Been in business for 6 years and marketing strategies are very important especially the branding part and the business plan. Thanks, Glenn Anderson President/Owner www.konahonudivers.com Check us out and feed back will be considered

  • Steve MacDonald
    Posted by Steve MacDonald, Seattle, Washington | Jul 29, 2008

    Glenn and David,

    Thank you so much for your comments. Branding is the most important first step. Glenn, I get a great sense for your services and what I will see, but I don't know what your brand promise is? How are you different than the rest of the diving companies. And I'm sure that the answer to that question lies within your customers. What is that emotional connection that your company so greatly creates with the customer. I want to hear some of that in addition to the types of dives...which look really great.

    Thanks.

    Steve

  • Wes Ball
    Posted by Wes Ball, Lititz, Pennsylvania | Jul 31, 2008

    Dan:

    Thanks for a terrific post. There is even more depth to this that I cover in posts on my website www.thealphafactor.com. I spent 15 years studying this phenomenon and testing how to use it to drive dramatic profitable growth even in multi-billion dollar organizations. You rightly state that is is powerful stuff.

    It goes even beyond that, however, because by understanding the hidden emotional needs of customers that they "wish" they could get from buying your product or service (but never tell anyone), you can drive higher customer expectations that then put you in the controlling (or "Alpha") position in your category.

    This approach has overcome "impossible" barriers to generate 100% and even 200% growth even for companies that are well-established, well-branded products.

    Keep up the good work!

  • Audrey Godwin, CPA
    Posted by Audrey Godwin, CPA, Renton, Washington | Jul 31, 2008

    Steve,

    What great information! One of the items I go over with clients when trying to plan cash flow and profitability is knowing their "story". We talk about brand because it has an impact on top line sales as well as costs/investments in marketing strategies.

    Thanks for sharing this! Audrey

  • Katie DeBill
    Posted by Katie DeBill, Spokane, Washington | Jul 31, 2008

    Steve, I couldn't agree with you more. The number one reason why I chose Windermere Real Estate is simply because of their brand. Windermere spends mega bucks each year on continual research for marketing their brand...including emotional, strength, loyalty and many others. Each year our marketing tools have a new theme--reflecting the current needs and trends of the public. A strong brand name can certainly sell itself as I can speak first hand to that! Thank you for your article. Katie