Thursday, October 27, 2011
Brand America
Government-as-business is an interesting concept, which got me thinking: Why not elect an American CMO, a kind of Marketer-in-Chief?
The question isn’t as facetious as it might seem. Lots of countries actually do elect or appoint someone – often a “president” with limited legislative clout – to represent their country without having any overt political baggage. Truth is, in Europe that’s what royalty’s for.
America desperately needs a Marketer-in-Chief. America the Brand isn’t so brave anymore. You don’t need to conduct an audit to see the signs of dwindling brand loyalty and a confused brand identity. A good CMO would have read the signals long ago: The latest Rasmussen Poll shows that only 16 percent of likely voters think their country is “heading in the right direction,” while only 35 percent think America’s best days are to come. This is Quickster bad. The truth is, behind all the Tea Party bluster and Take Wall Street theatrics, there’s a shared disquiet that the US has lost its way and compromised on some ideals.
Overseas, Brand America is being bashed as bad as tainted Tylenol or New Coke. A couple of foreign wars certainly don’t help, and a worldwide financial pandemic is also souring the mood. Interestingly, Obama’s reputation abroad remains strong – his personal brand is relatively unscathed.
But Brand America has dealt with crisis before and come through, so, what’s the problem now? I blame the politicians. As some famous American once said, “a house divided cannot stand,” and Brand America has some deep-sea-trench divisions on strategy and values. No self-respecting CMO would stand for this. It used to be that the country coalesced around a universally accepted brand promise: Liberty, justice and the pursuit of happiness, etc. This was considered enough. Now, while we might agree on the brand promise, we dogmatically disagree on how to deliver on that promise. Even the role of government is being questioned. Meanwhile, as our fearless political leaders seem to encourage polarization, we flounder dealing with looming competitive threats from Brand China and the rest.
As any CMO knows, brand equity is a fragile commodity, hard to earn and too easily lost. However, in the case of Brand America, I think the gloomy prognosis is overstated.
A couple of months ago I was sworn-in as a US citizen, along with 260 others from over 30 different countries. It was a moving and sobering experience – I sat next to a Somali woman and a Nigerian man, both with harrowing stories of lost relatives and exile. An Indian man told me about the Pharma start-up he was creating – in the US. That same week, I listened to American scientists from the Kepler project describe discovering the first planets from other solar systems. And this year U.S. citizens netted seven Nobel prizes. On the global stage, America is still a place of invention and promise. The old cliché is true: American is a land of opportunity.
All we need is a Marketer-in-Chief to sell it better.
Wednesday, July 27, 2011
Brand Potter: What Harry Can Teach us about Marketing
JK Rowling published her first book in 1997: Seven novels, 4,000 pages and eight movies later, Harry has become a pop-culture phenomenon unparalleled in modern times. A whole generation of kids – including my daughter and most of her friends and cousins, not to say her parents – have grown enthralled by a fully-realized world of magic. Commercially, the Potter phenomenon has no equal: Over 400 million books sold in every language imaginable, a worldwide movie gross over $7 billion, and even a theme park in Florida. How on earth did this tale of a boy wizard going to school become so successful?
There is no question that Rowling’s vision – and her near-flawless execution in her books – was the core of the success. She created wonderful characters, embellished her plot with great imaginative touches, and had a story in her mind that she knew would hold an audience across a decade of reading.
But Rowling did more than that. Famously, she demanded great control over all things Harry, from franchising to having full creative control over the movies and their scripts, even selecting actors. She also remained true to her readers – she was almost possessive of them – and communicated directly to young fans in her blog and elsewhere. My daughter talks about “JK” as if they’ve met recently and are close friends: This is remarkable. Rowling also embraced the runaway success that Harry enjoyed. She has said that Harry and his world felt almost independent of her, and there must have come a point where the pop-culture juggernaut also felt outside her control. Despite this, there is a fidelity to the world she created that has never changed despite the movies, the fanzines, the endless media hoopla and the passage of time. Among her many other talents, Rowling has expertly managed the Harry brand. Her focus and fidelity to a vision is something we all could learn from in marketing.
Thursday, July 15, 2010
What is Buzz?
Buzz, that is. But in the iPhone sense – the cool-hype sense - what is Buzz? How do you measure it, and when do you know you've got it?
In marketing terms, we know that “Buzz” is composed of awareness, preference and – with due apologies to Cole Porter – even desire and love. People crave their iPhone, they are quite literally passionate about them – the brand-as-device has become a part of their identity and is valued beyond its intrinsic usefulness. This is a hallmark of Buzz: in some sense it goes beyond logic and reason – it is emotional – and this is why Buzz is so hard to define and to measure.
Most people agree that Buzz originated as a word-of-mouth phenomenon, a kind of groundswell, but beyond that definitions get fuzzy. In her much-cited 2000 HBR article The Buzz on Buzz, Renée Dye calls it “explosive self-generating demand” which doesn't strike me as particularly useful or specific (another takeaway from her article is how faddish Buzz is – her examples of buzziness include the long forgotten Pokemon, Beanie Babies and the movie The Blair Witch Hunt).
Not that others have got more specific since then. In her book Buzz, Mariam Salzman gives us this:
...buzz marketing is...organic; it is centered on conversational value; it is peer driven; it is strategic; and it spreads outward from trendsetter to trend spreaders to the mainstream.
Mark Hughes riffs in a similar vein:
Buzz marketing captures the attention of consumers and the media to the point where talking about your brand or company becomes entertaining, fascinating or newsworthy.
This is a failure. How on earth can we have a conversation about Buzz, and all that it entails, if we can't agree on what it is? In many respects, this has echoes of past marketing conversations around another slippery concept, The Brand.
So, Buzz is elusive in nature and elusive to define. This hasn't stopped a boatload of companies claiming it and even naming products after it – Google Buzz, BuzzMetrics, ThoughtBuzz, BuzzTrace, BuzzGain, BuzzFeed and even BuzzLife. Buzz is Buzzy, I guess.
Let me know your ideas on what exactly buzz is...
Friday, February 12, 2010
Brand Identity
In the new world of social media, the tension between the corporate identity and individual identity is getting stronger. We're seeing it most in knowledge-based markets, where IP is often intrinsic to individuals. This has always been a dynamic in publishing and entertainment: several decades ago we saw this dramatically in the movie industry with the fall of the studio system and the rise of the cult of celebrity star or director. It's happening again in the news business with the rise of celebrity news anchors and the co-opting of personalities like Sarah Palin (I give her six months at Fox, but that's another story).
Social media has removed a significant communications barrier to creating the eponymous brand. Suddenly, anyone with half an idea can become well-known and command attention. This gets knowledge-based companies very jittery. Take Forrester Research, who recently got into trouble when it leaked that they'd put heavy restrictions on allowing their analysts to have personal blogs. They're not alone – most analyst firms have imposed some kind of restriction on blogging. From the company perspective, this is simply protecting their intellectual property; from the individual analyst's perspective, this is a muzzle on their rights to express themselves.
What's clear is that the constitution of corporate brands is changing. Increasingly, corporate brands will be made up from the brand identities of employees and management. This is a huge opportunity. Companies that can find a balance between promoting their leaders and innovators under a corporate banner have an opportunity to create a true 'company brand' that will have strength and definition as a collective. I hate sports analogies, but an obvious one exists here in the way sports teams define themselves.
Smart companies will start to foster individuals that can command a presence in the social media world. Done right, this will only help define the corporate brand. And increasingly, effective public relations will be about managing these individual brands as a whole. And smart agencies will see an opening here – how to craft a branded online profile for company executives.
Friday, October 23, 2009
What's in a Name?
"What's in a name? That which we call a rose
By any other name would smell as sweet."
Shakespeare clearly hadn't heard about branding. The name of a thing, be it a product, company or even a person, is seen by branding professionals a critical step in driving perception, value and success. Marketing consultancies make a lot of money devising names-as-brands, something that's been in my mind a lot lately: in my day job, we're sweating over the naming of some new products we're launching. Of course, the names of things matters outside the world of branding, and we marketeers can learn a lot here.
A few years back the author David Lodge wrote a wonderful essay about names in literature and how they can have either connotative or denotative meaning. To understand what he means here, think about the discount home goods chain “Lowes” (connotative of their pricing and value) and their arch-rivals Home Depot (denotative, it says what they are). In literature all names are fair game for manipulation. Dickens particularly understood how names drive character: think the diminutive, contracted “Pip” and and the frightening Miss Haversham from Great Expectations (saying “Haversham” out loud, one syllable at a time, will extract the connotation). Nabokov famously made his eponymous heroine's name physical: Lo-lee-ta: the tip of the tongue taking a trip of three steps down the palate to tap, at three, on the teeth. Lo. Lee. Ta. J. K. Rowling has great fun with her magical names: Mad-Eye Moody, Severus Snape, Fudge, Malfoy. In fact, names are so powerful in fiction that their absence can be used to great dramatic effect, such as the unnamed narrator in Du Maurier's Rebecca or the man and boy of McCarthy's superb The Road.
So what about tech world naming? Intel and Oracle are two very different companies, but judged just on the intended connotation of their names they have the same lofty aspirations. Microsoft and IBM are contractions and acronyms, and take the say-what-we-do approach. Google, Amazon and Pandora all have obscure origins and associations, but you really wouldn't extract much meaning from the names by themselves. The current trend in tech company names is to murder ordinary words – Flickr, Digg and Zune are good examples – probably in an attempt to land a decent domain name and get a watertight trademark. TheNameInspector has a very good list of IT company names.
In my day job the chore is to avoid the three-letter-acronym (which of course has its own acronym, TLA) product naming trap. It's challenging, although I try to remember that Shakespeare probably did have it right, after all: If the product's any good, who cares what it's called? Meaning follows naming and there's no short-cuts to the laborious process of creating a real brand.