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What is a brand, and why does it matter?
Now on his ninth book, marketing and branding expert David Aaker (@DavidAaker) hardly needs any introduction. Indeed, Aaker has contributed so much so often to the topic of branding that, by his own admission, getting through it all can be “a bit overwhelming.” Enter Aaker on Branding: 20 Principles That Drive Success, a book designed to be both a standalone guide to the current branding landscape and a consolidation of ideas forwarded in his previous works.The result is a compelling, easy-to-read work that can either be read piece-by-piece or from cover to cover. With a wealth of sage advice and real-world examples on every page, you’re sure to learn something no matter how you approach it. Aside from Aaker’s sure, confident writing style, the book also benefits from having a compelling subject buoyed by sharp organization. As Aaker puts it in his introduction, “Brands and brand strategy are simply fun and interesting. Many a time has a CEO allocated half an hour to a brand strategy session and end up staying for hours affirming on their way out that the session was the most fun time working in months.”Indeed, branding is interesting, and as Aaker on Branding demonstrates, it has become the central most important consideration for businesses in any industry. But how do you make your brand shine?What is a brand, and why does it matter?Aaker wastes no time establishing the importance of branding, leading the book off with the statement, “Far more than a name and logo, [a brand] is an organization’s promise to a customer to deliver what the brand stands for not only in terms of functional benefits but also emotional, self-expressive, and social benefits.”And as Aaker explains in the book’s opening chapter, this knowledge turns brands into assets that drive strategy. The result of this understanding is that branding efforts over the past 25 years have been shifting from “tactical and reactive to strategic and visionary.”Such a shift has had a profound shift on both organizational and marketing strategy. More recently, this shift has corresponded with the rise of social technologies, a process which we detail in our book The Social Employee (McGraw-Hill, 2013). In order to accomplish this, marketers must be guaranteed a seat at the strategy table, as internal branding becomes just as essential as external branding.Says Aaaker, “The brand will only deliver on the brand promise if the employees ‘believe’ and live the brand in all the customer touchpoints.”A visionary branding strategy involves widespread buy-in to an organization’s mission, vision, and values. Without a brand vision, one fundamentally established in how your organization operates, your brand either won’t be able to distinguish itself or it will be making promises and projecting an image that it can’t live up to. Says Aaker,When the brand vision clicks—is spot on—it will reflect and support the business strategy, differentiate from competitors, resonate with customers, energize and inspire the employees and partners, and precipitate a gush of ideas for marketing programs. When absent or superficial, the brand will drift aimlessly and marketing programs are likely to be inconsistent and ineffective.Aaker lays out a process for creating a compelling, actionable brand vision that is memorable and actionable, inspirational and practical. While the essence of a brand vision can be summed up in a brief statement, Aaker recommends creating between six and twelve vision elements and then organizing them into a core tier and a secondary, extended tier.Building a brand vision, a set of organizational values that Aaker says “implies a promise to customers and a commitment by the organization,” brings with it a strategic imperative. An organization has to be able to deliver on whatever promise is being made to its stakeholders. If it is not positioned to do so, it is all but guaranteed to alienate those stakeholders as it fails to live up to its promise. And once this has happened, once customers, employees, or both have lost faith in a brand, building that trust back can be nothing less than a Sisyphean task.Brand Energy and Sweet SpotsBy establishing core brand values, brands will have a better idea of what they need to do in order to create “brand energy.” This energy is how a brand connects with its customers. In B2C organizations, this often involves the development of a distinct brand personality, an identity that speaks not just to what that company does, but also to how it shares values, passion, and concerns with its target community.To illustrate how powerful this can be, Aaker discusses the brand-as-personality. If you were talking to your brand as a person, what would they say to you? As Aaker explains, “Exploring what a brand-as-person might say to you can be a good way to uncover emotional response to brands.” Almost certainly, some of the answers are likely to surprise you, and as Aaker explains through the story of a well-known credit card company, sometimes the same brand personality traits can lead to very differing perceptions.Another way to build brand energy and cement a positive, activated personality is to find customer “sweet spots.” How can your brand connect with your stakeholders in areas such as self-identity, lifestyle, or other cultural values? As Aaker explains, sometimes finding these sweet spots is a natural extension of your brand, such as the “Pampers Village” set up by Pampers in order to provide the go-to resource for childcare questions for parents.For other brands, the connection might not be as obvious in relation to a brand’s product offerings, though it will still be able to resonate with consumers along key elements of your brand’s vision. Such is the case with RedBull, a beverage brand that actively sponsors events and activities centered around an active, no-holds-barred lifestyle. Aaker’s example of Dove’s “Real Beauty” campaign was also especially eye-opening.The key is that having good perception of your brand isn’t always enough. Being able to define what you do and actively seek opportunities to engage others is where the real energy comes from. So while each of Aaker’s 20 tips is a wealth of sound advice in its own, it’s the synergy of these tips, the idea that each builds off the other, that can really produce magic for a brand.
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A Concise and Lively Summary
Over the span of several decades, David Aaker has had considerable influence on marketing and marketing research. His new book, "Aaker on Branding", is a very concise and lively summary of his thinking on best theory and practice in branding. If you're working in marketing, marketing research or a related area, you might want to have a look.
I**E
Every business student and leader should read this book
This book was one of my required texts during my MBA program. It is a great read and a resource I continually revert to. The author did a marvelous job breaking down branding, marketing, brand identity, and assets. His experience and successful professional career provided insights into how many businesses and leaders misunderstand their company brand and how it should be maintained, marketed, and shaped. But more so, they often exclude centering the customer and the power the customer holds. A must-have resource for business owners, but more so, anyone from any sector can use this book to enhance their brand and shape it for success.
E**S
Excellent book!!
Exactly what I needed for my marketing class! Highly recommend!!
M**T
Enough information to start a career
I am a graphic designer and this book alone revolutionized my brand offering. I can now charge much more for work I wanted to do but couldn't or didn't know how to properly sell/ talk about. A great read and resource for marketing and branding professionals both new and established.
C**L
Concise and Readable
I used this book to teach an MBA class on Brand Strategy at University of Notre Dame. The students really enjoyed the book and it provided a good framework for the course. I supplemented with other readings, but this book provided the core. I will definitely use it again, very concise and readable.
L**O
A must have for Brand and Market Managers!
The book is full of great practical ideas, reminders, and tips on what to consider across the many dimensions of B2B market and brand management. I purchased a copy for everyone on my team - We will get good use out of it! Thanks for advancing our profession.
S**D
A concise introduction to Branding/Marketing not that helpful for veterans
Indeed, my review title says it all. It reads more like a textbook for undergraduates with well known cases than a practical guide with insights. Potential Buyers beware! For those who really have keen interest to buy one, please go to the content page here on Amazon to see whether you really buy into those 20 principles (which are the headings of the 20 chapters).p.s. Below please find some of my favorite quotes in the book for your reference.A brand is the face of a business strategy - Prophet dictum pg7Customers must recognize that you stand for something. - Howard Schultz pg25Culture eats strategy for breakfast. - Peter Drucker pg123
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