Brand Promise – A Critical Factor in Your B2B Marketing Success
Last week, I had the opportunity to present at a webinar titled Creating a Compelling Brand Promise. Thought I would share a couple of the highlights of this event, which was put on by my company, Fusion Marketing Partners.
We first defined the terms “brand” and “brand promise.”
A Brand = the place your company occupies in a prospect’s or customer’s mind when he or she thinks about you.
A Brand Promise = what you promise to deliver to your customers when they do business with you. Your job is to make your brand and brand promise the same thing.
Seven Things a Strong Brand Promise Can Accomplish in B2B marketing:
- Explains what you do
- Articulates the “primary” customer benefit
- Establishes credibility
- Creates an emotional connection
- Invokes curiosity
- Motivates action
- Guarantees your place in heaven (just kidding on this one)
I shared some examples of what I considered weak and strong brand promises. First the weak:
- Lockheed Martin: We never forget who we are working for.
- UPS: What can Brown do for you?
- Ernst & Young: Building a better working world.
- Exxon: Energy Lives Here
- FileMaker Software: What’s Your Problem?
These companies are so large they can get away with lousy branding. But most of us don’t have this luxury. We have to do a good job of creating a value proposition that gives us competitive advantage.
Now let’s look at what I consider companies who have very strong and enduring branding promises.
- Reebok: Be More Human
- GE: Imagination at Work
- Campbell’s Soup: Made for real, real life
- FedEx: The World on Time
- Home Depot: More Saving. More Doing
- O’Douls : What beer drinkers drink when they’re not drinking beer
- BMW: The ultimate driving machine
I’m sure you can come up with your own list of good and bad brand statements. But the most important thing you can do is to make sure you have a compelling and differentiated brand. Ready to position your company for greatness? Request your 25 point analysis of your current brand strengths and gaps – plus an action plan to help your brand and company achieve competitive advantage. There are several other events coming up about B2B marketing so feel free to join us.
- B2B Marketing’s Role in Driving Revenue With Integrity - September 17, 2020
- How to Build Company Value in a Down Economy - August 25, 2020
- 6 Lessons B2B Companies Can Learn from Amazon - July 6, 2020