So when was the last time your firm rebranded itself? Most of my clients have at least tweaked their brand in the last decade—or so they thought. More accurately, they redesigned their logo, modified their color scheme, rewrote their positioning statement, overhauled their website, etc. In other words, they changed how they marketed themselves.
But that's not branding. Not really. It's disappointing that most marketers don't understand this, but who can blame them? There's a lot of confusion about this subject in the literature. Marketing people naturally view branding as something within their domain. But the consensus of brand experts points to something much more complex than a marketing function.
In simple terms, brand is how your firm is perceived in the marketplace. It is primarily shaped through the direct and indirect interactions customers and others have with your firm. Marketing can influence those perceptions (through its indirect interactions), but eventually direct interactions form the bedrock of your brand. Your real brand is substance, not image.
So what does this mean? True rebranding is about changing the substance of the interactions you have with clients and others. It's about creating better experiences, which lead to positive expectations about future experiences with your firm. (I like Sean Adam's definition of brand: "It's a promise of an experience.")
It's about backing up your marketing claims through action. Focused on clients? Show it! Design excellence? Let's see what you got! Superior quality? Prove it! Great at collaboration and team building? Demonstrate the benefits! This is why marketing can't create your brand, because ultimately you have to deliver it. Clients have to experience it.
This is not to diminish the contributions of marketing. On the contrary, I'm a strong advocate for effective marketing. I think as an industry that we generally underappreciate the value of marketing. Marketers are too often marginalized as tactical specialists rather than strategic partners. The best marketing comes when there's real substance to sell. Invite marketers into the discussion about how to create a genuine, deliverable brand.
For a step-by-step approach to building your brand, check out this previous post.
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