brand loyalty

Most trusted brands start here.

Most trusted brands start here.

Branding Insights
One of a series by John Paulo Cardoso, Spyder Works Chief Creative Officer & Founder

One of the guilty pleasures of being a branding professional is reading the annual parade of polls that list the world’s ‘most trusted brands’. If you’re a small or medium sized company, the chances are, you’re not on those lists. That’s why I tend to look at them for entertainment purposes only. But even though few companies will ever grow to the stature of Coca-Cola, Apple, Google or Mercedes Benz, there is a key lesson to be learned from ‘most trusted’ polling. And to me, that lesson is ‘know who you are’.

Understanding what is unique about your brand and why customers buy from you is the foundation of your success. If you stay true to those insights, they will guide you through your strategic planning, your product development and your market expansion. In other words, staying true to who you are will allow your customers to trust you.

When I ask my clients who they are, some have a tendency to translate the question into ‘what are you?’ And they might answer with something like, “We’re the second largest manufacturer of low-flow control systems in the tri-state area.” Then I’ll nudge them into telling me why. And that’s where we begin the brand building process. Whether they tell me that they have the most stringent quality controls in their industry, the lowest prices or the best after-sales service, what they’re really articulating is what makes them a unique brand and why their customers trust them. They are defining the active ingredient in their brand. And knowing that is the battering ram that opens the door to future possibilities. It gives both of us the plotline we need to tell the company’s story and grow into the number one manufacturer of low-flow control systems in the tri-state area.

Lesson learned is that you don’t need to have revenues in the tens of millions to be a most trusted brand. You just need to be true to who you are.

You Can’t Counter Culture

You Can’t Counter Culture

Innovation Insights
One of a series by Ken Tencer, Spyder Works CEO

Have we seen the death of the Twinkie? If urban legend is correct, they can survive just about anything … except, maybe, a change in consumer culture.

Hostess Brands built its success around the development of sweet, indulgent snack foods, from its original chocolate cupcakes to the cream-filled shortcake Twinkie. James Dewar, who invented Twinkie in 1930, called them “the cream puff of the proletariat.” But something has changed. The proletariat began to realize that they wanted to live longer, healthier lives… fighting the sweeping epidemic of obesity, not dying from it.

Contrast Hostess with Pepsico, whose CEO has announced her objective to generate 50% of company revenue from healthful food. Pepsico embraced the new wave of health-conscious thinking and made it a corporate crusade. They have diversified into snacks and drinks that support today’s active lifestyles, through Gatorade, Quaker, Aquafina and more.

With Hostess’s parent company filing for bankruptcy protection in January, the respective failure and success of these two companies couldn’t be more dramatic. But it hinged on one minor difference. Pepsico looked and listened and recognized that while change is all around us, one thing doesn’t change: The customers know best. Don’t ignore what they’re telling you.

Top CEOs Found to be Laggards in Social Media

I recently came across an interesting study conducted by ÜberCeo on the Fortune 100 CEOs and their involvement in social media (http://www.slideshare.net/shazza/fortune-100-ceos-and-social-media).

The study found that these CEOs are laggards in social media. For the most part they were all unconnected and uninvolved. Out of the top 100 CEOs studied only two had Twitter accounts and only one had a blog. Only 13 of the top 100 CEOs studied had LinkedIn accounts, and none in the top 20 had accounts.
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