THE BLOG

17
Jan

Are you memorable?

Are you memorable, truly memorable?

I read a good book over Christmas. Now I am not one to overly indulge in ‘business books.’ Wisdom like everything else is a commodity these days and I think they only really work if you immerse yourself fully into the theology of what they’re about. Few of us have the time, discipline and patience to do so.

However, I did enjoy reading ‘Bold.’ A. Story about 12 companies who had grew their businesses considerably due to their bold actions. Gratefully, they had ‘branding & positioning,’ (what I do) at the heart of their success. But it was alongside other activities like ‘customer experience,’ ‘marketing,’ ‘HR’ etc. Now I won’t bore you with every detail of the book. But needless to say ‘boldness’ was at the heart of their argument and when discussing proposition, marketing and communication, they spoke a lot about the importance of being memorable. Truly memorable!

Having a bank that is laid out like a retail store, conducts ‘random acts of kindness’ while giving its clients a free workspace with wi_fi is memorable.

Why is this important you may ask? Well anybody who reads this and runs a business will know. Your most valuable asset as a business is your existing client bases. They are people that you’ve convinced of your company’s merit, skill and trust. That battle is a long one. Supposedly it takes five times longer to convert a new client than it does to sell to an existing one. That’s five times more time, money and effort however you quantify it. What’s more, your existing client base is your best source for referral business; the pre-qualified leads they provide only take half as much time, money and effort to convert than completely new clients.

You may see why being ‘memorable,’ ‘truly memorable’ is becoming more important. But I must qualify ‘memorable.’ ‘Memorable’ means outstanding, special, something totally new or different. Not what everybody else is doing, and no, being professional should be the absolute minimum you offer not your key differentiator. Being memorable begins with the service/product you sell, involves the way you market yourself all the way through to the customer experience itself.

In almost every sector from retail to construction to accountancy to law. There is just not enough business to go round. Every market is saturated.

I spent the whole Christmas working out myself whether the loft really is bold enough amongst our many, many competitors. Yes, we’re different, I wouldn’t dispute that. I would say in terms of the quality of our work – we’re absolutely class leading. But truth be told, in terms of ‘boldness.’ We’ve got the volume at about five for too many aspects. Forgive me, even for branding people, it’s truly hard to analyse your own communications. But this year we move that to ten.

It’s really the only way, with new clients and opportunities so hard to come by. Offering your existing clients a memorable experience that they can refer you by, is one of the quickest ways to success.

One lovely quote from the book…

”Marketing is a tax you pay for being boring”

The best way is to maximise what you have is to be memorable from the outset. Brand communication is a big part of this (you know I wouldn’t finish this blog without a plug.) So if you’re looking to embolden your business and its communications.

Drop me a line.

Benedetto

About the Author

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Benedetto Bordone

Creative Director of the loft.

Benedetto runs the creative design consultancy, the loft. Based in the centre of Glasgow, the loft creates emotionally engaging brand identities.

Benedetto began his design career aged 9, sketching cars in the loft bedroom of his parents house. Even then he realised some eternal truths. Alfa Romeos are infinitely cooler than Ferraris and always have been. Time has only hardened this opinion. Since then, he has been on a journey taking him from his hometown in Kilmarnock to Coventry, studying car design aged 17, three separate spells in Italy followed where he interned, worked & freelanced for distinguished design companies – BeeStudio, Alfa Romeo, Honda Advanced design & Stile Bertone.

Setting up his own business was a natural step for somebody as independently minded as Benedetto. The loft was set up in 2008 and offers a comprehensive branding and communication service to its clients. The company combines a deeply analytical approach into the clients culture and commercial targets before engaging in creative design work to build emotive brands.

10
Jan

Positioning for a King

Happy new year folks. I hope you all enjoyed the break. Here’s to a 2013, filled with happiness and joy.

During one of the quieter nights of the break. I was looking for a DVD and decided to watch ‘The Kings Speech.’ Apart from being a wonderful tale of the Kings battle to overcome his stammer, there was a part of the film that served as a wonderful reminder to me of the art of positioning.

At the height of the Kings despair with his speech problems. His wife, the duchess of York, visits a small, self-assured therapist named Mr Lionel Logue. In the introductory scene, what impressed me the most was the way, in which Mr Logue held his position and dictated the terms to his supposed superiors. Regardless of who they were.

Yes, he could fix the Kings speech but only in the solace and safety of his own office, they would work in complete privacy and he would not accept calling the future king his ‘Royal Highness’ during treatment. Just ‘Bertie.’ A privelidge offered to few.

“My house, my rules!”

I couldn’t help but thinking I was watching a positioning masterclass. Who gets away with talking to the future king in such a way?

Mr Logues ability along with the Kings desperation undeniably played a part. But the way he set out his stall was magnificent.
He stood his ground. And the rapport he eventually develops with the king over a long time is one that is founded on mutual respect not of master and slave.

Too many businesses continue to undersell themselves. Not only in price but also with their terms. Not everybody has the unique ability to solve distressing problems like in the film which has a clear emotional value. But those with a more valuable proposition should consider whether they have a stronger hand.

Brand communication has a lot to do with it but brand behaviour is even more critical. Does your actions befit the brand that you work for? If I go into a McDonalds restaurant, I expect to be given precisely everything I want for that price.

Its what I am paying for.

Go into a Michelin starred restaurant and I need the chef to take the lead. To educate me and to blow me away with the quality of food and service. Anything short of that is going to be a betrayal of the business, the brand and its accreditation. Its where branding begins to fail. Similarly if I walk into a tailor in Saville Row, I fully expect them to use their expertise, skill and experience to know what works for a man of my height, proportions, skin colour, etc, etc. There is no way I should be dictating terms to them. I am paying them a premium for their valued expertise.

With that in mind, two big positioning trends to look out for this year. Particularly with today’s economic conditions…

Seeing past the want and into what consumers need is already important but it will become even more so as just about every traditional trade/service from website design to accountancy to plumbing reaches a saturation point with premium/specialist brands being FORCED to further differentiate themselves from more commoity based offerings.

Secondly and in a similar vein, information is cheap. With the internet it’s as much a commodity as anything else. However, there is a demand for bespoke assistance. For example, selling generic ‘social media training,’ with every social site from LinkedIN to Youtube sharing the main info on the website themselves for free, is a hard sell. Bespoking that advice for your clients does have value.

Changing tact slightly…

I dont like ‘nice.’ It’s dull!

People can get ordinary, convenient and nice in abundance, anywhere. But where there is value (and healthy profit margins) to be had is in the exceptional, special and outstanding.

The special business’s get paid more to do what they do best. But they first need to position themselves accordingly. It means not appealing to everybody, being picky about who you work with and remaining true to your position.

Before doing that, dig out the Kings Speech and watch that first scene I mentioned.

Positioning brands to succeed in the marketplace is one of our core services. If you want to know how to do it better?

Give us a bell.

Benedetto

About the Author

BB Profile Pic Small
 
Benedetto Bordone

Creative Director of the loft.

Benedetto runs the creative design consultancy, the loft. Based in the centre of Glasgow, the loft creates emotionally engaging brand identities.

Benedetto began his design career aged 9, sketching cars in the loft bedroom of his parents house. Even then he realised some eternal truths. Alfa Romeos are infinitely cooler than Ferraris and always have been. Time has only hardened this opinion. Since then, he has been on a journey taking him from his hometown in Kilmarnock to Coventry, studying car design aged 17, three separate spells in Italy followed where he interned, worked & freelanced for distinguished design companies – BeeStudio, Alfa Romeo, Honda Advanced design & Stile Bertone.

Setting up his own business was a natural step for somebody as independently minded as Benedetto. The loft was set up in 2008 and offers a comprehensive branding and communication service to its clients. The company combines a deeply analytical approach into the clients culture and commercial targets before engaging in creative design work to build emotive brands.