Showing posts with label Fortune 500. Show all posts
Showing posts with label Fortune 500. Show all posts

Wednesday, 28 May 2014

6 Brand Strategies Most CMOs Fail To Execute

The ground rules for branding are rapidly evolving. Social media, content marketing, the younger generation, second screening, thought-leadership and the demographic shift are just some of the many things that are challenging brands to think differently. Creating and sustaining customer trust and loyalty is more difficult than ever before. Building relationships with consumers has never been more challenging, with so much competition for their attention. Look at the constant barrage of pop-up and video ads that flash before our eyes every time we use our phones, turn on our computers or tablets.
Being an on-trend, relevant, inspiring, purposeful, innovative and community-centric brand – these are the things that will make people pause, listen and pay attention. Customers want to identify with a brand they can grow with, that earns their trust and makes them feel valued. People want to evolve with a brand whose products and services help give their business or life meaning and significance. End to end, a brand must become a consumer’s best friend.

Whether you are a Fortune 500 company, business owner or entrepreneur, here are six brand strategies that all chief marketing officers (CMOs) must not ignore :
Branding-Strategies

How to talk to a CEO

My first meeting with the CEO of a Fortune 1000 firm was a complete disaster. It was fifteen years ago and despite the cool breeze that was blowing outside, I was sweating bullets. This guy was a titan of industry so my mind jumped frantically between the thrill of the opportunity and the terror of screwing it up.
Entering his office with a huge smile, I instantly vomited verbal nonsense with, “It must be a great honor for you to meet me sir! I can only imagine how excited you are!” Ugh.. I couldn’t believe what I had said and my smile grew increasingly awkward. Excited to meet me?? It sounded like I was being a sarcastic a-hole. With a furrowed brow, he peeled his fingers away from my death grip, sighed heavily and looked at his watch.
The meeting lasted seven minutes.

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