Posts Tagged ‘Branding’

What are your customers thinking?

Friday, November 4th, 2011

Do you know what your customers are thinking? Do you know what really matters to them? You should find out! It will make your marketing more effective and efficient.

Sometimes what your customers think and value might surprise you. I had a conversation with a contractor who learned by accident that his customers preferred slightly rusty service vans to pristine, freshly-painted ones. He had purchased a fleet of used vehicles, but unexpectedly needed to put them in the field before he could get them painted. Many of his customers (most of whom were selling their homes, so didn’t want to invest too much capital in the improvements) mentioned they preferred a less expensive contractor who didn’t spend thousands on the appearance of his vans. They believed “the savings were passed on to them,” so to speak. Now, the contractor doesn’t worry so much about keeping the paint jobs up-to-date.

A large part of marketing is learning what matters to your customer through research. How will you know what to say to them in marketing communications unless you know what they believe?

Getting started with research can be as simple as asking a few customers for their opinions, but to get the most value out of research, it’s best to engage a marketing firm. Customers are more likely to give their honest opinions to a third-party, and a marketing firm will have methodologies for getting customers to speak freely.

Oh, did I mention Zoo in a Jungle Marketing excels at qualitative market research? We do!

Marketing Tips: Naming a Business

Friday, May 6th, 2011

When you start a new business or develop a new brand, one of the most important early steps is naming it. A good name tells customers who you are, what you do, and what you can do for them.

If the business name is too generic (think American Business Group or Unified Solutions), customers won’t know what they can buy from you. A generic name means your marketing has to work harder to tell your story, both creatively and monetarily.

Alternately, a too-specific name can limit your future potential. Apple’s iTunes Store was painfully out of date with a business model that evolved to sell so much more than music. The company had to go through the expense and consumer education efforts of rebranding the service as the App Store. Apple still hasn’t solved the naming problem of iTunes, the application a consumer counterintuitively must use to sync the data on her iPhone.

To name a business or brand, the goal is to craft a name that is descriptive without limiting the future- and has good domain name possibilities. Some of my favorites include Fast Company, the magazine for innovative businesses; POM Wonderful, the delicious pomegranate juice, and Chik-fil-a, the chicken sandwich fast-food chain.

Or take the example of the business forclosure.com, which filed for bankruptcy last year. Very descriptive of the path the business took, don’t you think?

New name, new look

Friday, June 4th, 2010

Much can be debated about the merits of changing a well-known brand name. Sometimes a company or brand outgrows the intent of their original name, and marketers think a change will renew vitality and open the doors to new markets. Other marketers retort that customers know a name, so changing it risks losing all the value built into it over the years.

When most companies change, they have some kind of roll-out. When the dishwashing detergent Electrasol changed its name to Finish, it seemed to take two years to complete the transition. First, it was, “Electrasol! (soon to be Finish).” Then it became, “Finish! (formerly known as Electrasol).” After a few iterations of decreasing the font size of Electrasol, it finally faded from the packaging.

One company decided to skip all that transitional bother. Marcal toilet paper: new name, new look.

What happens to this company’s existing customers? Presumably, they will be mystified when they attempt to purchase their toilet paper.

At least we know they’ve been saving trees since 1950 (Before then, they were destroying them, perhaps).