Confessions of a Branding Expert:
Branding Blunder #1
“The Coke Blunder”
By Ellen Looyen
www.ellen4branding.com
925.284.5828
Ellen Looyen
Remember many years ago when Coca Cola
(the most recognizable Brand in the whole world)
decided to improve on a good thing? For some reason, they wanted to tamper with their success and change the Coke formula (of the #1 selling Cola in the world).
After 22 years of successfully branding divisions of major corporations (like Chevron and Wells Fargo), to launching countless start-ups, I thought my own brand was feeling old and out-of-date...and just like the Coca Cola Executives (who wanted to change their successful formula), I tampered with my own successful brand and lived through my own “Coke Blunder” and my subsequent “Coke Classic” brand resurrection.
Why tamper with success, when branding is all about...
consistency, uniqueness and emotional connection?
It all started when I was invited to speak at the Ritz Carlton in New York City last year, by The Conference Board (at a Senior Executive Marketing Conference, where I was on a panel with the President of Rolls Royce America and Google’s top Marketing guy) to discuss “The Future of the Brand.” They actually gave me the brand name I now use, “America’s Leader in Personal Branding” (that’s how they wrote me up in the conference program).
What was I thinking?
For some reason, I decided that I needed to update my brand for the marketing conference; and after 22 years of success as Ellen Looyen Communications, I thought I should match my business name and its look and feel (i.e., it’s brand) to the name of my recently published, DIY Personal Branding Kit, entitled, “Branded with Charisma.”
“Doctor, heal thyself”...and Branding expert, “Do not re-brand yourself
(especially if your brand is working for you)”...
I now know, that at the time, I was having the branding equivalent of a “mid-life crisis”...I felt adrift in my business, not clear on where I wanted to focus my marketing efforts, bored with my own brand, overwhelmed by the whole new online world of social media and in need of some big changes in my business.
“In a world where you can be anything...Be Yourself!” —Anon
I also felt like I needed to appeal to a younger generation than the one that I was a part of. Not to get too psychologically deep here...but...I was rejecting a big part of who I am to appeal to a demographic who actually values the very things I represent—authenticity, confidence and creativity...
The important “take-away” is that we all make our own versions of the Coke Blunder...and just like Coke did, we can pick ourselves up, admit that we made a mistake and go back to Plan A. Some of my clients actually admitted to me that they almost didn’t hire me, because my new cartoony brand did not seem to fit me!
Perception can be managed...and VALUE is only a perception!
Branding is all about thinking backwards...about how you want to be perceived by your market...and then crafting a brand that’s consistent, emotionally connecting and authentically YOU.
You’ll know it when you find it...it should just fit like a glove. Once you discover and articulate your true brand, people will energetically feel your enhanced confidence (the #1 reason people buy and choose anything); and any uncertainty or doubt about hiring you will simply vanish. So take a good, honest look at your brand and see if some minor “tune ups” are in need to help keep you relevant, but true to your core value and values at the same time.
Please visit Ellen’s new/old brand and website at: www.ellen4branding.com
And let her know what you think about returning to her old (Coke Classic) tried and true brand: ellen@ellen4branding.com
Ellen Looyen, Branding & Marketing Guru in business since 1988, is endorsed by the best-selling “Guerrilla Marketing” author, Jay Levinson. To learn more or enroll in a Marketing Mentorship Circle, please visit Ellen’s website, Ellen4Branding.
|