In many ways, brands are like people. They are 100% dependent on humans and, just like you go to the doctor for your annual physical, your brand needs a yearly check-up to make sure itâ€™s still healthy. Most brands rarely, if ever, get a checkup.
Itâ€™s frightening to how many startups, small companies and mega brands assume immortality, when they should constantly be aware of the loose grip that they have on their consumer base. How do you conduct a brand checkup? Hereâ€™s my suggested 3-part method.
First, make it physical by inviting everyone in your team, including senior management, into a large conference room. In advance of your session, youâ€™ll need to prepare three exercises: I assume youâ€™re monitoring the social media sphere already â€“ if not, youâ€™d better get started â€“ but hereâ€™s the question: how well are you performing compared with your competition?
Pick your top 2 competitors and then ask the participating teams to review your brands and the competing brand consumer posts. Discuss them in break-out groups and then ask them to categorize their feedback into 5 buckets:
Their degree of emotional attachment to the brand
Their respect for the brand
The values they associate with the brand
Their respect for the brand
The negative sides of the brand, according to the customers
As you sort the feedback, add a score of 1-10 to each item, based on importance. Then, hang them all on the wall in order to create a full overview. Ask everyone in the room to discuss the overall trend. Write down the top 10 conclusions youâ€™re able to draw from the feedback.
While everyone is in the room, your second mission is to assess the degree your brand stands out from the competition. Get access to all the ads, banner ads, images, posts etc. you and your competing brands have run in the past year. Then, cover up everyoneâ€™s logos. Ask the team to quickly match a brand name with the ads they see. Does your brand hold a distinctive tone-of-voice, or is it all just bland?
Finally, write your brandâ€™s values on a large sign on the back wall of your room. Place your branding communications under the value that best fits it. Then, step back and look at the full picture. Are certain values overcrowded with pieces? Are others completely blank?
By the end of this session, which should take no longer than 3 hours, youâ€™ll have a fairly good idea about the condition of your brand. As is the case with any short check-up, youâ€™ll certainly have a good indication if your brand is healthy and enough information for you to determine if more tests are needed.
This article is authored byÂ Martin Lindstrom, one of the worldâ€™s leading brand expert and author of several New York Times and Wall Street Journal bestselling books, including Buyology (Doubleday, New York, 2008) andÂ Brandwashed (Crown, New York, 2011).