Has Branding Really Changed?
by Mel Depaoli
This article was originally published in The Productivity Institute (PI) Newsletter
With the growing importance of social media, there is much talk about ‘new marketing’ or ‘branding’ in today’s times. Although branding has many definitions, one of the most standard ones (by businessdictionary.com) is: “Branding aims to establish a significant and differentiated presence in the market that attracts and retain loyal customers”. The ultimate goal of branding is to create a consistent desired feeling or thought in the client or prospect’s mind when your company or product name is mentioned or visible.
This leads to an interesting question. Have the rules of branding really changed or is it simply the tactics to achieve the goal that has changed?
Prior to the growth of the Internet and particularly social media, this was achieved mainly by advertising, promotions and sponsorships which in today’s verbiage, represents “push” technology. The message was simply one-sided, pushed out by the promoting company towards its targeted market. Companies were able to decide who heard what message and when it was heard. However, the response from their actions was delayed since no direct response from their targeted audience was possible except (usually) in the form of some purchase at a later time.
In today’s market, brands are often built through two-way conversations between the company and the client or prospect. Both the client and the company provide value to the brand with each action or negatively, with each inaction. To enhance their brand, the company still has a desired message it wishes to convey but now, the client has other resources and choices available, often seeking truth, additional information and value up front. It is easier for a prospect to decide the value you offer long before they ever reach out or express any interest in you. Also, since it’s a two-way interaction, the client has the means to respond – for good or bad. This is one of the reasons why it is so important for companies to monitor several social media platforms – to be able to initiate and rapidly respond to these interactive conversations.
Positive word-of-mouth marketing has always been a goal of top marketers. We take people’s opinions, often holding them in high esteem – even if we do not know the people, and letting them affect our actions. You may do a lot of research to determine which new car to buy. However, your neighbor’s negative problems with the same vehicle model might be sufficient to dissuade your purchase for some other model. The verbal interactions provided through social media can have a similar effect.
In the past and just as much as today, word of mouth is still the strongest and most powerful form of marketing and brand-building. The difference is the size of the audience, their ability to communicate and most importantly, the speed and potential to successfully build a brand.
So I ask you, is it branding that changed or the modality and tactics towards achieving the goal that has changed?
Mel DePaoli is the president and founder of Omicle located in Seattle, WA. She helps companies create a contagious culture by connecting the way the business is operated with how the business is marketed. Please visit Omicle for more information about how Omicle can become your Catalyst for Discovery. She is also interviewing companies for her upcoming book series, Brand or Culture: Which Comes First. Please visit Brand or Culture.com to get involved in the Brand or Culture Debate today! You may follow her on Twitter @MelDePaoli or become a fan of Omicle on Facebook.

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