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ICAA Summer Conference

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Guy Kawasaki. What is a brand? A product, service, or concept of an organization that is publicly distinguished ... Unique names, terms, signs, symbols, ... – PowerPoint PPT presentation

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Title: ICAA Summer Conference


1
ICAA Summer Conference
  • Branding Building on Reality

Prepared by Tim Westerbeck, Executive Vice
President and Principal Lipman Hearne
2
Presentation overview
  • Branding defined
  • Why do you need to build a brand?
  • Lessons learned ingredients for success
  • Critical steps to building a brand
  • Discussion

3
Branding defined
4
Common misconceptions
  • Brands are superficial.
  • Brands are
  • A tagline
  • An ad
  • A visual identity
  • You can dictate your brand.

5
First rule of brand management
  • Get better reality.
  • -- Guy Kawasaki

6
What is a brand?
  • A product, service, or concept of an organization
    that is publicly distinguished from other
    products, services, or concepts offered by other
    organizations
  • Unique names, terms, signs, symbols, actions
  • Exists in the mind of the marketplace
  • Is based on elements you can control, and those
    you cant

7
Terms
  • Brand equity the residual value of your brand,
    built over time, by both deliberate and
    accidental factors
  • Brand management the process of positioning the
    brand through the development and implementation
    of strategies to enhance, redirect, or reinforce
    the brand

8
Why do you need to build a brand?
9
In todays competitive, information-overloaded
environment, your fundraising success depends on
it.
  • The unique value you provide is not as clear as
    you think among constituents.

10
Why brand matters
  • Cut through the clutter
  • Improve the perception of worth
  • Position the institution as the preferred
    solution to a perceived need
  • Attract and retain constituent loyalty
  • Attract resources

11
Lessons Learned
  • Ingredients for success

12
Ingredients for success
  • Strong leadership and an avowed commitment from
    the President
  • Linkage with a smart, resourceful volunteer or
    volunteer group
  • Structure that has key players at the table when
    marketing decisions are made
  • Commitment to internal communications

13
Integrated marketing program outcomes
  • Two-thirds of survey respondents report gains in
    visibility
  • More than half also report enhanced positioning
    and enrollment-related gains
  • Increase in applications
  • Increased yield
  • Private institutions experience somewhat greater
    results than their public counterparts
  • Source Lipman Hearne/CASE IM Survey

14
Importance of internal communication
  • High commitment to internal communications
    greatly enhances marketing results
  • Institutions that regularly shared external
    marketing goals and strategies with internal
    audiences reported a broad range of positive
    outcomes
  • Low or moderate commitment led to reduced
    marketing success
  • Source Lipman Hearne/CASE IM Survey

15
Why is communication so important?
  • Breaking down the silos
  • Synergy
  • How can alumni affect yield?
  • How can current students affect corporate
    relations?
  • How can faculty affect retention?
  • Consistency (repetition establishes clarity)
  • Fulfillment delivering on the promise

16
Critical Steps to Building a Brand
17
Understand how your institution defines
marketing
  • News releases?
  • Admissions advertising?
  • Mailings to alumni?
  • Web site?
  • Publications?
  • Presentations?
  • A hundred other things?

18
Determine if there is a marketing plan. To test,
ask the following
  • Is there a written marketing strategy, with key
    divisions operating from the same game plan?
  • Would each unit agree on specific strategic
    marketing objectives?
  • Is message development and tactical planning
    explicitly based on market research?
  • Can everyone involved in marketing confidently
    articulate the institutions brand positioning?

19
If the answers to these questions is no, your
institution does not have a brand-based marketing
plan.
  • If it doesnt, it should.

20
On changing behaviors
  • Faced with the choice between changing ones
    mind and proving that there is no need to do so,
    almost everyone gets busy on the proof.
  • -- John Kenneth Galbraith

21
Push for a formal, precise definition of the
institutions brand
  • Determine what constituents value about the
    institutionfrom all angles
  • Distinguish between what we are vs. what we do
  • Use objective external research
  • Analyze your competitors
  • Focus on your unique mission
  • Understand what is consistently valued across all
    constituent segments

22
Key process points
  • Meticulous segmentation
  • Thoughtful, detailed research plan
  • Correct composition
  • Sophisticated interrogation
  • Objective analysis and interpretation
  • Competitive analysis

23
Key process points (continued)
  • Structured comparative analysis
  • Market mapping
  • Compelling message development (visual and
    verbal)
  • Channel analysis
  • Tactical development and delivery
  • Reconnaissance loop

24
Some friendly advice
  • Your brand is not excellence, that one is
    already taken. (Its not quality either).
  • Be brutally realistic about your institutionits
    strengths, weaknesses and major characteristics.
  • Focus on meticulously defining unique,
    value-added differences.
  • Brands exist only in the mind of the marketplace.
  • The short version, please.

25
Tactical Planning
26
Tactical Options
  • Advertising (Image-focused)
  • Media Relations (Issues-based)
  • Sponsorships (Strategic)
  • Publications (Brand-based)
  • Public Service Campaigns (Issues-based)
  • Web

27
Advertising
  • Powerful medium for brand-building
  • Quite often, advertising fails to advance a
    unified image
  • Ad creative must be
  • Grounded in a knowledge of constituent
    perceptions
  • Present one clear, direct message
  • Targeted in appropriate media vehicles with
    adequate frequency or high visibility

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30
Issues-based Media Relations
  • Becoming an expert on the issues.
  • Proactive insertion of your thought leaders
  • President
  • Faculty members
  • Students and student groups
  • Coaches and athletic directors
  • Shaping the national discourse.

31
Strategic Sponsorships
  • Associating yourself with other causes related to
    your constituents interests.
  • Opportunities to demonstrate your own giving and
    support.
  • Must be focused, strategic and either
    high-visibility or sustained.

32
Brand-based Publications
  • If you go to the trouble, do it right. (Save the
    paper)
  • Your publications should be powerful messengers
    for your brand.
  • Its just not about making them pretty.
  • Its not just a graphic design project, but core
    to your fundraising function.

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37
Points to Remember
  • You are not a fundraiser, you are a marketer.
  • Your most important fundraising techniques do not
    necessarily involve asking for support.
  • Marketing who you are is more powerful than what
    you do.

38
Points to Remember
  • Conceptualize building a brand for your
    organization.
  • Start with the marketplace.
  • Respect the power of marketing and be analytical
    and strategic.

39
Points to Remember
  • Integration.
  • Sustained.
  • Function and process oriented.

40
Points to Remember
  • Brand building is an organization-wide
    function. From the highest level chancellor to
    the person who answers your departments
    telephone, your brand and marketing strategy must
    be well understood.

41
Thank you for your time.
42
Lipman Hearne
  • Building stronger institutions through
  • marketing and communications
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