Showing posts with label Branding. Show all posts
Showing posts with label Branding. Show all posts

Wednesday, September 29, 2010

Online Brand Management – 5 Benefits of Viral Videos

Viral video is simultaneously the most entertaining and the most infuriating element of online marketing. Let’s clear the air quickly: No one can promise you a viral video success. Ever.
Viral videos succeed because the audience likes them and spreads them on to other people. If the audience doesn’t get it, the video doesn’t go viral, and there is nothing that can guarantee the response you want.
That said, there is every reason to continue developing video content with the aim of going viral. In terms of investment-to-value ratio, viral videos remain some of the most economical efforts a brand can put out for itself. If even one video you produce hits the entertainment nerve and goes viral, you’ve done your brand a world of good. Let us consider the success of one particular viral series to see some of the benefits available from this branding tactic.
Benefit 1 – Funny and Factual
Blendtech is a company with a fairly simple business model: Sell blenders so powerful and reliable that they will destroy just about anything you put in them. The company’s big success story came with the “Will it Blend?” series for its new high-powered blender. The videos are simple – a charming man with an amiable manner puts something unexpected and expensive into the blender and turns it into its constituent elements.
In very brief, powerful videos, Blendtech ended up demonstrating both that destroying expensive electronics in a blender is entertaining and that its blenders were incredibly powerful. People’s immediate reactions were, in order, “He just blended an iPhone!” and “I want one of those blenders.”
So a good video can get the information about your product out there in a compelling, dramatic way that can’t be argued with.
Benefit 2 – Cheap, Cheap, Cheap
Viral video is incredibly cost effective. The costs of many videos are incredibly high, especially for television advertising during prime marketing hours. Just consider the sheer volume of investment that goes into Super Bowl halftime commercial extravaganzas.
On the other hand, the Blendtech commercials apparently were shot on an utterly shoestring budget: perhaps $500 for a reasonable-quality video camera, the wages for a decent cameraman, the blender the company is selling and however much the gadget of the week cost. In the case of the iPhone Blendtech demolished, say $600 depending on where they got it. Either way, the production costs of the video probably didn’t exceed a few thousand dollars, and that’s at the outside.
Benefit 3 – Free Transmission
Once you have the video up and going, and people find it entertaining, you don’t have to devote much effort to keeping it going places. If it hits that funny bone like the Blendtech video did, people will show it off repeatedly to just about everyone they can, because they want to see other people laugh and enjoy it too. Just make sure the video has a dedicated YouTube or video link that people can reference.
Benefit 4 – Specialization
Have you ever looked at most commercials? They’re rather generic, and seem to cast their nets fairly wide. This is particularly true of infomercials, which try to make the whole of humanity into bumbling incompetents unable to pack their drawers, cut their food or clean their homes without the aid of some wundergadget. The result is bland pointlessness. On the other hand, a good viral video allows you to ignore all that and focus your efforts specifically on reaching a certain audience. Take Blendtech – they wanted to go after people who wanted a good, strong blender. They built an advertisement that therefore does nothing BUT promote the strength and efficacy of their blender, and does so in a shocking, eye-catching manner.
Benefit 5 – Entertainment
As we’ve discussed, the most important element in the Blendtech campaign’s success is its entertaining quality. People tuned into the videos because they wanted to see some guy demolish technology that hundreds of others were probably still waiting in the rain for. The commercials were short, exciting, funny and evocative.
Now, there’s an associated effect. Consider the reality of a blender: Is it really that entertaining? Are you actually going to use it to demolish your priciest electronics or devour your leftover garden rake? However, even if Blendtech’s customers aren’t going to do any of these things, they’ll still think of them fondly when they use their blender to crush up some stubborn ice for a daiquiri.
By putting out a good, entertaining video that goes viral, you’re creating the implication that your brand is itself entertaining and creative. Your audience will want to see what comes next, will want to share their favorite moments with friends. Most of all, they’ll want the thing that you’re selling because it was so funny.
So, while once again we must reiterate that nothing in the world can guarantee you viral video success, there is every reason to devote part of your marketing efforts to developing entertaining, informative videos that can capture the imaginations of your target audience. All it takes is one success to get your brand out there in proper fashion.
Source: http://www.sitepronews.com
Collectibles : Pogo Games

Thursday, September 16, 2010

Is There a Brand in Your Stand?

Watch out for the branding gurus. Beware of the branding police who focus only on images of brand. Fire the branding consultants who feel qualified to tell you what your brand should be. Ignore the branding zealots who proclaim “brand or die.”
Good, now that we have frightened off the undesirables let’s address some fundamental questions about branding and offer you some probing questions to consider. That first paragraph demonstrates the three rules of creative positioning as explained below.
Should you have a brand?
Maybe. It depends on the goals of your business. You need to ask yourself some questions. Will the brand give you the return on your investment? Will you invest the resources to claim and sustain the brand?
What is a brand?
A brand is the emotional bond that your clients have with you. Ask your best clients how they would describe you to others. Look for the common message in what they say – especially the emotion. That might be your brand.
Brand is the feeling others experience when they think about you and your product. Brand can help them think of you first – or better yet – only you. Brand can justify higher prices – or even better – make price a non-issue.
Not Branding
Branding is not about creative logos, pretty fonts and pantone colors. Fire anyone who attempts to sell you that pabulum. Those things are only images. Have you noticed that the successful brands change these images every few years?
Branding is a marketing strategy. It is only one of many marketing strategies from which you might choose.
Is branding an accident or on purpose?
Because branding is about creating emotional messages you are always branding. However, are you aware of your messages, are you consistent and are you effectively branding yourself?
You could create or claim your brand. Domino’s Pizza created their brand – “Pizza in 30 minutes or its free.” They own that brand. It’s simple, memorable and unique. Some companies look for an opening and build their business to create that brand. Some companies discover their brand by accident. Feedback from clients, remarks from the media or a competitor’s comment reveals the brand that was hidden in plain sight. In that case it is up to you to claim the brand and run with it.
Avis claimed their brand by turning a disadvantage into their brand when they launched their marketing campaign with “Avis is only Number 2 in rent-a-cars, so why go with us? We try harder.” And with cheekiness they leverage further on their “disadvantage” by adding, “The lines at our counters are shorter.” That brand has been successful for over 40 years.
How do you create your brand?
There are two ways. Like Coke, Nike and McDonald you could throw gazillions of dollars at it. Or you could use creative positioning. Look for the holes in the marketplace. Go to where your competition is not and claim that position. Take a stand like Harley Davidson, Buckley’s Cough Mixture and Nova Scotian Crystal.
Each of these companies claimed positions in the market the competition was unwilling to take. Folks either love or hate Harley Davidson. Buckley’s proudly claimed that “it tastes awful but it works” along with a money back guarantee. Nova Scotian Crystal is proudly the only Canadian crystal manufacturer and they offer an incredible one year breakage warranty. Drop your whiskey glass and they will replace it; no questions asked.
You can read the interview with Rod McCulloch, President and CEO of Nova Scotian Crystal on my “Business in Motion” blog.
Each of these companies was willing to take a position that would drive some folks away while attracting a loyal crowd of fans.
The three principles of creative positioning are best explained by UK entrepreneur BJ Cunningham, who as CEO of The Enlightened Tobacco Company sold a cigarette called “Death Cigarettes”. It was presented in a black package emblazoned with a white skull-and-crossbones logo. Just imagine how this might appeal to the rebels. Everyone except the tobacco companies knew that cigarette smoking was bad for your health. BJ did what none of the other tobacco companies were willing to do. He took a stand.
Cunningham’s three principles of creative positioning:
1. Take a polarized position.
2. Make enemies.
3. Create tension.
Branding starts with market review and self-examination. Standing alone can be scary, exhilarating and hugely profitable. It you are going to claim a powerful brand take a position away from the crowd. Stand where no one else is standing.

Source: http://www.sitepronews.com
Collectibles : Pogo Game