Success Through Strategy!

Strategy Matters delivers news, tips and strategies for effective communications through traditional and social media. 

Time for a New Logo?

Recent logo changes by Google and Yahoo! have gotten the marketing and branding communities around the country buzzing. Neither change is significant which, from a branding standpoint, is significant. 
 
In fact, if you review most iconic brand logos over time (think Coca-Cola, Starbucks, McDonald's, etc.), you'll see only slight changes--often changes so slight that, if they hadn't told us about the changes, it's likely that we wouldn't even have noticed.
 

Why are these slight changes so prevalent among the top brands?

 

Because they are the top brands.

 

Brands are built over time through a relentless drumbeat that involves all aspects of the "marketing mix" -- product, price, place and promotion. Logos -- the visual representation of brands -- serve as reminders to consumers of who, and what, they are. 

 

Logos aren't the brand, but they represent the brand. 

 

For organizations large and small that is very important. Logos serve to help consumers (B2B and B2C) make instant connections between the brand and all of their past perceptions and experiences with the brand. Change the logo too much and you risk impacting --even breaking -- that connection. That can be an expensive proposition for large organizations -- and for small ones.

 

Think it's time for your organization to make a logo change? Tread carefully! Read more here.  

Strategic Planning: 
Stop Worrying About "Getting It Right"!

An important point about strategy is that, whether we're playing a chess game or creating a marketing plan, while we can surmise the reactions that our plans might generate, we can never be 100% sure

 

Yet, while most would concede that it is impossible to accurately predict the actual impact of doing something, we continue in our attempts to "do the right thing." This often results in our failure to do anything at all!

 

Of course, the failure to act is an action! Even when we do nothing we are, in truth, doing something that is going to have some impact. Ponder that idea for a while!

 

Consider a company that is making a decision about whether to embrace social media in a big way (whatever that might mean for that business). While they're pondering that decision the world continues to move, and change, around them:

  • Competitors may be aggressively moving forward with social media and getting a head start. 
  • New communication technologies may be emerging. 
  • New business models may be threatening your very existence.

Bottom line: don't spend so much time engaged in "paralysis by analysis" and the fear of failure that your inaction results in the failure you feared!!

 

Here's a key point: nobody knows if your plan will be successful. Nobody! Because none of us can accurately predict the future, or the behaviors of others, we can't really know if we will be successful until we act (or fail to act).

 

 

The best we can hope for is to create the best plan we can given our assessment of the situation and solid, appropriate, research

 

So, don't worry so much about "getting it right." Worry more about taking no action at all.

 

Top Social Media Missteps

Are You Making These Mistakes?

 

1) Choosing the "wrong" platform -- a platform that is not widely, highly or regularly used by your target audiences. For instance, some businesses (e.g. manufacturing) may be challenged to gain traction with their desired audiences via Facebook -- yet LinkedIn might be a great platform. Conversely, a boutique owner hoping to connect with potential customers would be challenged to do this via LinkedIn, yet Facebook -- or, increasingly, Pinterest -- would likely work very well. Solution: do some research to determine the demographics and psychographics of those using the platforms you're considering.

 

2) Not having a narrow enough focus. The key to successful engagement via social media is the ability to share relevant and meaningful information with an audience. This means that the audience should be narrowly enough defined that your messages can be targeted appropriately. Be too general in your messaging and you will lose your audience (Note: it may be appropriate to have more than one platform to connect with different audience segments). Spend time considering the audience, or audiences, that are most important for your business to engage with online. 

 

3) Being too "me/we-oriented." While social media platforms can certainly be great marketing tools and can generate real results, the types of messages conveyed via social media are not traditional "marketing" messages. If you attempt to directly "sell" to your audience, you are likely to lose them. Instead, be committed to providing useful and meaningful information. A ratio of 3:1 can be a good rule of thumb-3 "they" messages to 1 "you" message (and be sure to keep that "you" message as a "soft sell."

 

Want to learn more? We have a wide range of blog posts on social media strategies and best practices.

 
Volume: 5 - Issue: 10
October, 2013
Strat Comm logo
In This Issue
Time for a New Logo?
Stop Worrying About "Getting It Right"
Top Social Media Missteps
We're In the News! 





 
Research Matters
Some recent news and  research you may be interested in--we were!  
 


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Using LinkedIn Groups Effectively

Interested in connecting with a B2B audience? Gain traction and develop meaningful relationships via LinkedIn Groups. But don't just take a "hit and miss" approach. Think strategically about how to maximize the value of your LinkedIn participation. 

  

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