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Published byClaribel Ramsey Modified over 9 years ago
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INTRODUCTION Let’s start with a story… ›The point is: Hope already has a brand or reputation in the minds of external and internal audiences. ›Why is this a concern? The thoughts and associations that come to mind when your city’s name is heard or read is likely to have huge financial, political, and social impacts. More about this later…
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PRESENTATION OVERVIEW What is “branding” Branding as a process Benefits of branding Examples Moving forward: where do we start? Questions?
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WHAT IS BRANDING? It’s not a four letter word! ›When you see the word “brand”, think “reputation”. ›When you see the word “branding”, think “strategic positioning” It’s a promise. A look-you-in-the-eye-and-shake-your-hand kind of promise. It’s a statement of what your community stands for and its values. It gives people a hint of what to expect when they come here.
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WHAT IS BRANDING? (CNTD) Who you say your are (strategic positioning) What “THEY” say you are (brand image) Strategic positioning: What does Hope “own”? What is our competitive identity? What do you want to be in the future? Brand image: What people are saying about you when you’re out of the room. The gap
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WHAT IS BRANDING? (CNTD) Brand equity: The value of a brand as measured by awareness, loyalty, and associated attributes. It’s like a bank account. Negative associations, poor awareness and weak loyalty are all withdrawals from the account. Positive attributes, strong awareness, and loyalty are deposits. Building brand equity increases competitiveness Increase Equity: - positive associations - strong + clear awareness - loyal residents + visitors Decrease Equity: - negative associations - low awareness - poor loyalty
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BRANDING IS A PROCESS Understand your current brand image Establish your desired (true) brand Define the gap! Create and resource a plan to close the gap Assess progress and adjust
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BENEFITS OF BRANDING The level of esteem that a city’s name evokes has a direct impact on the health of its local businesses, economic development, tourism, and expansion of the population base. A healthy and respected reputation makes Hope competitive in the eyes of potential new contracts, residents, companies, and visitors because it will be seen in a positive light with attractive qualities and benefits. A strong brand (reputation) can be leveraged to attract awards, grants, win bids to host events, attract conferences.
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BENEFITS OF BRANDING (CNTD) Saves resources for all organizations involved by consistently informing the direction for strategic development, funding decisions, and policy creation. Unifies local organizations under one banner – “all singing from the same songbook”. Shows strength of community. A rallying point for leaders and citizens to embrace and be proud of. “Your community is your best sales team.”
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STRONG BRANDS IN ACTION
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LOOKING AHEAD - HOW DOES THIS WORK? You need a unified commitment and long term vision across community organizations/leaders to this process. Start at the beginning – research image and establish identity (brand) Hire professionals Keep the process going… it doesn’t end with a logo. This process doesn’t happen overnight. Don’t rush it… but keep it moving.
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