The confusion between branding and marketing with the terms often being used interchangeably, often results in poor outcomes due to the wrong questions being asked. As a result, there is a tendency to design new brands, rather than addressing the fundamental marketing aspects that should strengthen market positioning.
What is Marketing?
We have defined marketing on several occasions, including definitions adopted by peak industry associations. In summary, marketing exists to deliver mutually beneficial value; to your customers and stakeholders, as well as to your business. If marketing is not delivering value, then it needs to be reviewed.
Your brand is the internal and external representation of your business, as well as your products or services. Brands encapsulate the value and perceptions that you are seeking to create, through visuals (logos, packaging), audio (music, sound), tone, style and potentially other senses. Consider brands like Coca Cola, Dulux or Bunnings and the perceptions you have towards them.
Your brand is the image and identity that you seek to create with your relevant target markets.
The connection between branding and marketing
A brand is the outcome from your strategic marketing plan and not the other way around. Unfortunately, many start with a brand and then try to shoehorn marketing around logos and values that may not be relevant to their products or target markets.
Determining your brand is premature if you have not identified the following:
- Your Target markets, who are targeting and why?
- Your core products and services, what are you offering to your target markets and why?
- Your value proposition, what value do you provide to these target markets?
- Core elements of the marketing mix, or customer experience. In particular, make sure that pricing points are relevant and you have identified key distribution channels.
Your brand needs to reflect your strategic direction so you can deliver a consistent experience that builds customer acquisition and loyalty.
Successful brands are those have ensured a consistent marketing approach, Apple across its product lines is a typical example of a brand that is known for innovation. This creation of innovation as a value proposition, was defined through its marketing direction, ensuring that products, their design, function and communications reflected this positioning.
A brand refresh is more than a new logo or colouring scheme; it needs to be considered from a marketing context. There is little point developing or refreshing a brand that does that have relevance to your marketing direction.