Branding To Thrive
In the two previous posts I discussed the concept of branding a service delivery process and some of the benefits of pursuing this approach. Then I offered some real-life examples of effective service and discovery process brands.
In this final installment, I will present steps to guide you as you create your own service process brand. In the simplest terms, it means standardizing and naming an existing process, then promoting it to customers.
You already have it
Most companies have a process but they haven’t named or productized it. They treat it generically calling it "our discovery process or our project management process."
Branding a process even if it is identical to the processes used by competitors, is an opportunity to differentiate the company, adding value that can be captured as additional revenue.
Many entrepreneurs don’t exceed $5 mm in revenue because they can’t step back and develop repeatable processes to scale the business. Standardizing and branding operational procedures makes the business scalable by giving employees a roadmap.
So, if you are like most businesses…
There is nothing holding you back, and the results can be remarkable. The branded and standardized process will add value to your offering and make the business scalable.
How to brand it
To go a little deeper, here are some guidelines and suggestions to help you create an effective brand for your service or discovery process:
As a first step to creating your service brand, take some time to better understand your company, customers and competitors. You may want to start with an actionable SWOT analysis (strengths, weaknesses, opportunities and threats). This is precisely the exercise that lead to the development of the Windward Way.
To gain additional insight, consider some of the following in discussion sessions with your leadership team:
Think about current or potential customers and ask yourselves questions like these:
Think about your competitors and ask:
Ask questions like these about your company:
Decide which market segments you want to appeal to, and which features, functions, and benefits of the service are most important to the customer. Then, identify the options and choices the customer will make during the process.
To develop unique positioning for your service brand, consider the different ways you market and sell to key buyers—how they buy, the reasons they buy, and the way in which you might reach them.
Then, brainstorm a unique brand name and/or tag line that communicates that the service or discovery process will address their needs.
Service brand and tag line examples by primary benefit:
As you refine your brand, consider the essential brand attributes of differentiation, appeal, relevance, credibility, consistency and emotional connection.
Once you’ve decided what your service brand will stand for, you need to carry it through by planning the resources you will need to deliver what you promise, the tactics you will use to promote it, and how you will measure success.
These steps are explained in greater detail in the just released book, “The Growth Gears" by Art Saxby and Pete Hayes, two Chief Outsiders principals.
There you have it. Branding a service or discovery process is a great opportunity to differentiate your company. An effective brand will add value to your service that can be recovered as additional revenue. And, standardizing the process to support the brand pays dividends in increased efficiency and effectiveness.