Hotel Branding Aim For Intelligence

Posted on October 24th, 2008 in Branding by admin

The concept behind the Holiday Inn Express brand certainly should be “smart.”
Customers are supposed to feel an increased sense of intelligence after staying at
Holiday Inn Express because they have recognized and capitalized upon good
quality for a great price. With the reputation of Holiday Inn’s quality for reasonable
prices backing the brand, Holiday Inn Express should have a win-win status in the
mindset of the consumer and should also boost the efficacy of the Holiday Inn
parent brand. Does the current messaging for Holiday Inn Express accomplish this
status? We think not.

Many brands use messaging that makes the customer feel smart and as though he
has made the right choice. Wal*Mart and Target are examples of brands that ensure
the customer that if he shops at their stores; he is avoiding the embarrassment of
overpaying and not finding what he wants/needs. Customers not only like to know
that their purchases matter; they like to know that their choices matter. Brands that
give customers real affirmation that they have “done the smartest thing” will
succeed. This affirmation must be evident through effective brand execution, which
also includes marketing and advertising. The message must be both clear to the
customer and clearly shown by the brand.

Does Holiday Inn Express have a sure-fire brand message? Yes. Does Holiday Inn
Express convey and execute this message properly? According to our brand model
at Stealing Share, it comes up a short. In fact, if you read how the “Stay Smart”
campaign began, the brand is more superficial than it even appears. According to
customer questionnaires conducted before the campaign, the two reasons why
customers felt more savvy for staying at an HIE were free breakfast and free local
calls. Perhaps these two elements created a little more of an advantage for HIE over
other limited-service establishments, but these kind of table stakes are not what
fuels real brand. Clearly the right questions were not asked. The customer’s
connection to the brand should go deeper than cinnamon rolls.

Furthermore, the commercials for the “Stay Smart” campaign contribute to the
shallow continuum of brand execution for HIE. For example, one commercial opens
on a group of scientists hovering around a microscope, observing a strain of the
Ebola virus. The man standing in front of the microscope explains the
characteristics of the virus and proceeds to knock the sample off of the table,
assuring the group that it was not airborne. When his colleague asks him how long
he has been studying the virus, the man responds, “Well, I’m not actually a scientist.
But I did stay at a Holiday Inn Express last night.”

Several other commercials followed in a similar pattern. One commercial showed a
man who had not graduated past the seventh grade winning Jeopardy because he
stayed in a HIE the night before. While the commercials are humorous and
borderline ridiculous, they demonstrate a rather narrow interpretation of the brand.
Although the commercials are effective for short-term brand awareness and
recognition, this brand execution is overall unsatisfactory because the customer will
not consider the brand a serious option. If anything, the brand has become more of
a joke among consumers because of the blatantly ignorant people portrayed as
customers in the commercials. The brandface, or the customer’s perception of
himself when he uses the brand, is not one of intelligence. In fact this brandface
mocks intelligence rather than reinforcing it. This failure to execute is more at the
fault of brand management than advertising creation. Unfortunately, in all
industries, one directly influences the other.

Humorous commercials are memorable and entertaining, but does the brand
directly reflect the customer and benefit from this type of execution? In the case of
Holiday Inn Express, we argue against this method. The brand execution began with
category benefits rather than the belief systems of the customers. The advertising
had to rely upon a general campaign focus of “Stay Smart” without knowing what
being smart really meant to the target audience. In order to correct this problem,
Holiday Inn Express would need to take a few steps back, observe what their
customers want/need from their brand and challenge their brand to accommodate
these expectations. They would need to get a full outside-in perspective from the
market.

The “Stay Smart” campaign was effective in getting HIE’s name out in the market,
but that is where the effectiveness remains. Real brand success goes beyond the
reiteration of a funny punch line. The “Stay Smart” messaging does not reinforce the
brand as a tangible option for the customer. The humor, in this case, actually
creates distance between the brand and the customer.

Overall, Holiday Inn is all about quality for a sensible price, and Holiday Inn Express
can make that message work as well. Holiday Inn Express needs to convey this
message with a little more honesty and customer perspective in order to own real
estate in the mind of the customer looking for reasonable hotel accommodations. In
short, “smart” needs to be more about intelligence of the customer than the
cleverness of the business and its agency.

Molly Sunderdick
Brand Strategist
Stealing Share, Inc

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Branding in the Face of Mergers and Acquisitions

Posted on July 17th, 2008 in Branding by admin

Your company is considering a merger or acquisition. You’ve explored the financial and legal ramifications. But do you know what your point of distinction will be post-merger?

Today, mergers and acquisitions (M&A) are commonplace. They are strategic decisions grounded in geographic expansion, product and competency diversification, and brand leveraging. While businesses clearly address the associated legal and financial issues, they often overlook a critical componentbrand management. Effective brand management goes well beyond the basic marketing tools. It requires an integrated approach to ensure consistency of your corporate message and identity throughout all aspects of your business. Without careful brand management, your M&A effort is vulnerable to failure.

Simply put, brand management helps to secure stability and brand loyalty for your company. You may consider discounting its importance to the M&A process, but be prepared for the possible outcomes:

  • Brands are managed inconsistently and brand equity suffers
  • Management and staff send mixed messages, creating confusion in the marketplace
  • Company image/brand loses value in the market
  • Employee morale decreases and turnover increases
  • Customers lose confidence and leave
  • Competitors steal your best customers
  • Shareholder price plummets

Why is brand management frequently overlooked in the M&A process?

  • Companies lack the experienced resources to focus on it.
  • Organizations don’t realize the need to address it until it’s too late.
  • Business leaders neglect it because they are concentrating on financial and legal issues.

Hiring an outside brand management strategist can bring dedicated resources and an independent perspective to the process. That’s why successful companies make brand management a cornerstone in their overall M&A strategy. By incorporating brand management in the early discussions around a merger or acquisition, your organization will come out stronger and more focused. Best of all, shareholders, clients, employees and the public will remain loyal to your brand.

Nearly 50% of all mergers fail to sustain or bolster shareholder value. Why? Because they don’t realize that brand is not an event. It’s a process. A brand management strategy ensures that your business can withstand the challenges associated with M&A, both today and through future market fluctuations. Working with an outside brand management team can help you assess and manage your company’s brand in relationship to specific competitors and the broader industry a crucial part of any successful M&A effort.

Building Your Point of Distinction
Your company builds brand with every customer contact, planned or unplanned. And, every interaction (no matter how insignificant) makes a lasting impression. Each impression combines with all those that have gone before to create your brand. Every gesture, every action, every word every point of contact with your customer enriches or erodes your brand.

Whether you realize it or not, if you are in business, you have a brand and you must manage it continuously.

An effective brand management firm invests as much time in pre-planning as it does during the M&A announcement and post-announcement stages. They help companies by:

  • Understanding the business and what the original brands were intended to represent.
  • Aligning this knowledge with actual market perceptions to develop a strategic brand management plan.
  • Identifying the strengths, weaknesses and opportunities associated with each company and assessing their impact on the “new” entity and existing business.
  • Recommending brand management strategies that will drive the marketing and communication initiatives for the company.
  • Researching and evaluating potential acquisition candidates or merger partners by answering questions like:

    • “How does the prospect’s brand compare to your company’s brand?”
    • “What is each brand’s strongest attribute?”
    • “How is the brand relevant to future customers?”
    • “Which candidate will best help reach strategic objectives?”
    • Should one brand dominate or should a new brand be created?”

  • Determining the most beneficial identity for the new company. Maybe it’s keeping one name and getting rid of the other as Cingular did when it acquired AT&T Wireless. Perhaps it’s combining the names like Exxon and Mobil or creating a new name entirely as Verizon did when Bell Atlantic and GTE merged. All have their pros and cons. Cingular had the stronger brand recognition. For ExxonMobil, both companies boasted loyal customers. Keeping both names enabled them to retain both client bases. Bell Atlantic and GTE agreed to create a new wireless business with a single, national brand. In order to affect the change, the entity became known as Verizon.
  • Assessing which brands to keep/eliminate and determining the appropriate investment in each. Retaining current brands isn’t always the most effective or cost-efficient approach.
  • Implementing a PR/marketing strategy to communicate the merger to employees, clients, shareholders and the public. Brand policies and guidelines as well as training and compliance are critical in helping employees understand and effectively communicate the new brand. Your brand can be one of your most valuable business assets.
  • Facilitating the process of merging two cultures. How will the cultures merge? What are the core values and competencies of the new entity? Will the mission or philosophy change? How will the companies leverage the best from each to create a strong point of distinction?

Brand management is the best investment merging companies can make. Done properly it can help the new entity:

  • Increase employee, customer, shareholder and vendor loyalty
  • Integrate two companies/cultures/brands effectively
  • Influence the perceived value of the effort in the market
  • Manage brands more cost-efficiently
  • Ensure employee commitment and confidence
  • Enhance profitability

Your M&A effort requires a significant investment in time and money. At this critical juncture, take into careful consideration one of the most critical aspects of this effort your brand. Addressing brand management as an integral part of the merger or acquisition process will help ensure your company’s success and competitive edge in the marketplace. And ask yourself, “What will be the point of distinction for my newly merged company?”

Laura Pasternak is President of MarketPoint, LLC, a brand management firm that helps businesses improve results by identifying, integrating and managing customer-driven brand equities and strategies. Visit http://www.yourmarketpoint.com or call 1.866.21POINT toll-free to learn more.

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Create a Niche Stoke Your Market With Affiliate Branding

Posted on July 6th, 2008 in Branding by admin

Propose success, demand performance, and brand your market with appeal. In a world of costly business start-ups, expensive design tools, and rugged competition you can still beat the system. Success reins the process as our instructional tools are put to use building websites centered on content with focused keywords and performance.

Slam-dunk your affiliate market goals with personalized branding tools and processes developed for mountain top success. Business development requires basic planning, economic structure, and dedicated commitment.

Decisive planning directs your market and brands your business for success.

Prepare a 10 second explanation to describe your business. If it takes more than 10 seconds to define what you do - you are not focused enough.

“My business promotes development and market branding for maximum business performance and success.” is a perfect conversation starter, and will bring interest to the business because it gives a basic definition of business without overrunning the conversation with a detailed description that begs discussion.

Design a logo that communicates your business identity to your customer. A single picture or group of words titling your business and replicating the purpose of your business is perfect.

“Coffee Clatter” titles a web log about conversations over coffee, the pictorial logo of a graphically designed coffee cup emitting steam implicates comfort, conversation, and energy. The web log portrays the logo. (You may visit the site at http://coffeeclatter.blogspot.com)

What’s your niche? Who is your market?

Think about the connection between your affiliate market and your business brand. Performance demands commitment and isolation of your choices.

Copyright © 2005 - Jan Verhoeff

Create a niche, using affiliate connections, links, and money-making clicks, brand your affiliate market with keyword content and high-search phrases. Be successful with functional design. Contact eBiz Brand Performance.

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