If you follow this blog, you should know that I frequently whine about the fixation so many marketers still have on “Brand”. My beef is that for the most part, branding is justified by ambiguous terms like awareness that are difficult to measure, and therefore can’t be translated into money. Branding is the most expensive aspect of marketing and the least measurable.
This week I participated in both the Marketing Sherpa Lead Generation Summit in Boston and the CMO Council Summit in Monterey. (yes I saw both oceans in one week)
Carl Pascarella the former President and CMO of Visa caught my attention when he mentioned a concept I hadn't’t considered before: Branding Gets You Permission.
Permission?! Hey, that’s our term! It shouldn’t be coming from the mouth of a trillion dollar branding guy!?
But as he spoke the concept began to jell for me. Branding helps get you to that first permission. Wow. I’m not sure how to use it, but I can't deny is it’s a heck of a lot easier on the cold callers if the prospect on the other end of the phone has an already favorable impression of your company…but how to do it?...
Clent Richardson Chief Marketing Officer from Nortel also spoke about some of his revised thinking on branding. His quote was something like: “It’s not about awareness, it’s about Consideration!”
Permission and Consideration
I can see value here and something that in fact can probably be measured. Imagine….measured branding.
I’ll be thinking a lot about this over the weekend. Stay tuned.