It's easy to get caught in the trap of "more is better." More features, more services, more users, more shareholders, more views. More is a hungry ghost. Endlessly craving and never satisfied.
On top of that, they haunt you. Chasing hungry ghosts inevitably ends with the roles reversed.
"More" doesn't end and it pushes companies to do costly things that they wouldn't do otherwise. If you want to chase after more you need more hands, you need more money, you need to fundraise, you need to step out of the garage and buy a fancy office, you need to pull all-nighters, you stretch your team. All because you are haunted by "more."
An alternative: offer the smallest, best promise you can make. Small, so you know you can keep them and accomplish what is asked of you. Over time, they will build on each other you will have something amazing.
It's a good way to keep hungry ghosts out of your life.
Startups dilute their branding potential when they set their eyes on big brands like Apple or Nike. Not saying those brands aren't respectable, they are for many reasons, but they are not startups. They can't afford to be something unique because the reputation at stake is too high. In short, they cannot afford to turn people off.
But you, the scrappy startup, can.
You can nurture your brand to be bold, daring, and different from what is expected and it will give you the edge you are looking for. In fact, it would be a good bet to double-down on the elements of your startup's personality to make sure you are recognized as something different.
Now, I want to be clear, I'm not asking you to go Miley Cyrus and do weird shit for shock value (please don't twerk on Robert Thicke). But you can absolutely veer away from the staid and trite phraseology, colors, and rigid nature you see from your competitors. You can turn on a dime and move fast without getting approval from 30 people. You can do something truly impactful for you and your audience. All the while saying, "you don't have to like what we're doing, because it's probably not for you."
The win of being small is that you can do the things big brands cannot. Small wins.
With every challenge comes new opportunity, especially in times of crisis.
With that said, you can curl up into a ball and let the world trample over your dreams or you can do something about it. Whether you have founded a company or are involved in making a company awesome as an employee, here are three things that every brand could do right now to beef up their brand.
Set up Virtual Meetings with Customers
Think you're alone in feeling alone? Not remotely. If you have a long-standing relationship with good customers, see if they're willing to talk with you over the phone or using a screen-share. Ask them specific questions like why they chose you over your competitors, what they think could be improved about your business, and if there are other things (besides COVID-19) they wish were better in their life. You might find they show new opportunities and that recurring patterns are going on within all their lives.
Do a Brand Audit
You've got a lot of time to yourself right now. Take this as a chance to look inward and see where the gaps are. Take a look at your marketing collateral, your social media feeds, your website, anything a customer might come into contact with. Are you doing the best you can to make them feel a cohesive, emotional connection with your company? Do you look like a company that is worth talking to and doing business with? Is it out of the question to think it could be improved?
Try New Digital Marketing Tactics
You will probably suck at this when you start, but what do you have to lose? You can't meet with anyone face-to-face, so you need to have a strong presence online. Create a newsletter using Mailchimp (it's free to start), create a YouTube Channel (also free), host a webinar using Google Hangout (also free). It's estimated that we are going to be distanced for the next three months, but you can close the gap by getting online in someway. Just pick one and go for it.