Subscribe to Email Updates

    Why Brand Strategy Is So Important For Startups

    Many startups launch with a groundbreaking product or a culture-shifting service. What separates the winners from the losers is a cohesive brand that not only solves a consumer problem, but one that connects with people on an emotional level. Sticky brands make a human connection. It’s with that in mind that Octane and Gigasavvy have joined forces to provide startups with a strategic approach to building and launching successful brands. Taking a step back, let’s first answer the questions: What is a Brand and Why is Building a Strong Brand so Important to Achieving Success?

    “A brand is what other people say about you when you’re not in the room.” This is how Jeff Bezos, father of Amazon, defines the idea of a brand. And as the founder of one of the most successful brands in the world, this guy knows what he’s talking about.

    When you think about a brand holistically, it becomes much more than a name or a logo. It is a combination of perceptions that people gather from their interactions with your company or product. When you take good care of your brand by beginning with a well thought out and articulated brand strategy, your life as a marketer becomes a whole lot easier. Let’s talk about what we mean by “brand strategy,” and how it is a critical component to your company’s success and growth.

    What Is A Brand - Gigasavvy Brand Strategy Blog

    What is Brand Strategy?

    Brand strategy is the ability to understand and influence the conversations about your company or product. A good brand strategy will consider the current state of your brand – your strengths, your vision, and your offer – and builds a path toward the thoughts and feelings you want people to have about you.

    Brand strategy starts with an internal and external assessment of the brand. Audience research is usually a great place to start. The goal here is to benchmark existing perceptions of the brand, understand the way people make decisions, and to explore the messages that resonate most. In some cases, if you’re not sure who your target market is, some exploratory research can help you hone in on the right audience.

    Market research findings are combined with management’s goals for the brand, and leadership’s vision. That fusion of business goals and customer needs is where the best brands are born.

    With a clear understanding of the brand, you can then start to explore the way it looks and feels in different mediums:

    • What is the key message you need to get across?
    • What does that brand vision mean for your logo?
    • What kind of photography communicates your values?
    • Where, when, and how will your customers be most receptive to your message?
    • How can you tell your brand story in a way that will win the hearts and minds of your target audience?

    Flame Broiler - Simply Healthy Branding - Gigasavvy Blog

    When a Brand Spreads like Fire

    Take Flame Broiler. The restaurant chain of about 200 locations was looking to update its image and its reputation beyond the “Rice Bowl King” that it had come to be known as.

    Flame Broiler started with a clear vision: simple, clean eating made easy. But with rapid growth across the country, that vision had become muddied over time. Flame Broiler came to Gigasavvy and asked us to help them update their identity and regain that original purpose of simple, healthy food.

    After a quick study that evaluated consumer wants and tastes, Gigasavvy created a new campaign to help redefine Flame Broiler based on the concept: Simply Healthy. The strategy concept caught like fire, spreading to the tagline, an updated logo, interior design, and an exciting ad campaign.

    The consistent story told across multiple mediums – broadcast TV, signage, menu boards, and social media – creates a carefully curated story around the Flame Broiler brand, which influences the way people interact with the restaurant and think about its food.

    Make Your Job Easier

    A thought out and cohesive brand strategy is essential to building a powerful marketing machine within your organization. Here are 3 reasons why.

    1. Get it Right the First Time

    When your brand has a clearly defined and documented strategy, your entire marketing team is educated and aligned around common goals. With an established brand, your team is fully equipped with the voice you want to embody, your tone, and the audience you’re speaking to.

    When everyone has a clear understanding of the brand – from the internal team to external agency partners – the resulting marketing and communications are much more consistent and relevant. When you have a set strategy acting as an instruction booklet, the communications your team builds are going to be much more on-point. Whether your marketing is done by an internal team or 3rd party agencies, a clear brand strategy results in better quality work. Wait to get your strategy in place and you’ll be wasting valuable time and resources reinventing the wheel time and time again.

    1. You Will Be Remembered

    Having a consistent strategy across multiple platforms allows your marketing efforts to go further.

    Most marketers have heard of the “Rule of Seven” – the idea that a person needs to hear the same ad message seven times before it’s remembered. In today’s world, where we’re bombarded with marketing messages on multiple screens, that number is much higher.

    The ability to stand out is not just about the content of the message, but the consistency of it. A brand strategy that enforces consistent communications across multiple touchpoints makes it more likely that your brand will be remembered – and remembered for the right reasons.

    1. A Vision That’s Scalable

    When done right, the brand strategy should reflect the larger business objectives of the organization, its vision, and its culture. When an organization start’s out small or staffed only by its founders, it’s easier to keep everyone on the same page. As your company grows, you’ll want to be able to quickly onboard new talent and staff up while keeping your team focused on the same goals and bonded by shared values. Having your brand strategy in place gives executive management the guiding principles to lead and provide role players a sense of empowerment to do right by the company and your customers. As the founders, you can take comfort in the fact that your team’s sales, marketing, and customer service efforts are aligned with your brand’s larger business goals.

    The Bottom Line

    When your marketing efforts are aligned around a strong brand strategy, you have a greater ability to influence the things people think and say about you.

    Without a clear brand in place, marketing can feel like a shot in the dark. But get it right, and your path to profitability and maintaining a loyal customer base becomes a whole lot easier and more predictable. 

    Gigasavvy is an Octane Preferred Advisor on the Octane Enterprise Solutions platform.

    Gigasavvy is a full-service marketing agency that combines fearless creativity with data-driven insights to drive bottom-line growth for established brands and disruptive early-stage companies.

    To learn more about how Gigasavvy can help you build and launch a brand that creates lasting, emotional connections with your customers, please get in touch with:

    Daniel Reizes

    Marketing Director

    daniel@gigasavvy.com

    Brand Strategy Measurement Info Graphic Gigasavvy

     

    Related Categories

    Start Up Business Resource

    Let Us Know What You Thought about this Post.

    Put your Comment Below.

    You may also like:

    Tech Start Up

    Octane Announces Presenting Companies at Tech Innovation Forum 2022

    April 14, 2022, Aliso Vijeo, CA. Octane, Southern California's leading accelerator announced today the top 8 LaunchPad c...

    Start Up

    Profiling Your Company at the NASDAQ Marketsite

    Jane King, CEO of LilaMax Media, is working with Octane and the NASDAQ Marketsite to help companies in its ecosystem tel...

    Investment Orange County Start Up

    Neal Rickner of Elevation Ventures Interviewed at BNEF Summit

    Neal Rickner, Managing Partner of Elevation Ventures recently was interviewed at the BNEF Summit. In the interview, he d...