5 mins read

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

0 Comments

OC Innovation Week: Opening Reception

UCI Beall Applied Innovation 5270 California Ave # 100, Irvine, CA

Join us for the grand kickoff of OC Innovation Week at our Opening Reception, where excitement and innovation converge.

Fast Pitch

The Cove at UCI Applied Innovation 5270 California Ave, Irvine, CA, United States

Fast Pitch is a unique opportunity for Orange County's tech innovators to showcase their groundbreaking ideas. Participants present their pitches to a distinguished panel of judges, potential partners, and investors.

Contact Us.

 

info@octaneoc.org

949.459.3366

4041 MacArthur Blvd, Suite 260 Newport Beach, CA 92660

 

© 2024 Octane