Measuring "Brand"

Yes, you can measure it. This is how.

April 29, 2020

Since branding is an emotional subject, it gets hard to manage. Specifically, it gets hard to measure. Cue Marty Neumeier (again). In his book The Brand Flip he lays out a structure for measuring the effectiveness of building a brand in what has been called the Brand Ladder. The goal of the Brand Ladder is to see how well you are elevating a customer's experience with your company. If you score low, it means you're a commodity, easily capable of being replaced. If you score high, customers are likely to become repeat buyers, evangelists, and feel like they can't live without you.

Here is an outline of the scorecard (from your customer's point of view):

Satisfied Grade 1-5

__ The company/product has met my expectations.

__ The company charges a fair price for the product.

__ TOTAL (highest score of 10)

Delighted Grade 1-5 and multiply by 2

__ I've been pleasantly surprised by the company/product.

__ I would happily recommend it to others.

__ TOTAL x 2 (highest score of 20)

Engaged Grade 1-5 and multiply by 3

__ I identify well with the other customers of this company/product.

__ I would go out of my way for the company and its customers.

__ TOTAL x 3 (highest score of 30)

Empowered Grade 1-5 and multiply by 4

__ The company/product is essential to my life.

__ I would be very sorry if it went out of business.

__ TOTAL x 4 (highest score of 40)

__ Grand Total (Highest Score of 100)

But it doesn't end there. Like any other assessment, you have to dive deeper and unearth the reasons behind them. What is it about your company that affects these scores? Is it design? Is it your messaging? Is it the product? You can measure the effects of branding all day, but if you are not willing to check on the factors contributing to its success, you might as well not even bother. Sounds like something I should write about tomorrow...

More you say?

Einstein Method

Uncovering the problem is as valuable as the solutions.

6.9.2020

“If I had an hour to solve a problem I'd spend 55 minutes thinking about the problem and five minutes thinking about solutions.” -Einstein

What does this mean?

It means that to create an effective solution, you have to have a deep understanding of the problem. Otherwise you fall back on to predictable solutions that don't always work. It's similar to the hammer and nail concept. If you're a hammer, you look around for nails. But if there are no nails in sight, you're SOL.

In design and branding, an hour of solid planning saves countless hours of revision and allows for projects to run smooth.

Point being, take the time to think. Plan. Be strategic. Good solutions come easy to those with skill, but if the wrong skill is put into play then you're in trouble.

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Sick Day

Entrepreneurs have a tough time conceding a work day to illness, here's a reason to give in.

2.3.2020

I woke up feeling like crap today.

Figures, a lot of my friends had gotten sick so it was a matter of time before it came my way.

I still feel like crap so I'll keep this one short:

It's better to dedicate one whole day to getting healthy than to draw out a cold over the course of a couple days. And so, I'm taking a sick day.

Check back in tomorrow for a real MF Punch.

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