Saturday, July 26, 2008

Statmats Integrated Marketing Conference: Building Brand

Building a Brand for Colleges and Universities in the 21st Century
Why it still matters

Fritz McDonald
Stamats

Prospects are tuning us out -
  • Information overload - Average consumer is exposed to nearly 3,000 commercial messages a day
  • People are leaving traditional media - newspapers are dying, loss of messaging with TIVO, iPods, pop-up blockers, etc.
  • The web is becoming traditional media
Marketing efforts seem more and more futile
  • Target audiences more fractionalized - parents, adults, grad students, etc
  • Spending more, getting less
  • Technology is the future - but how do we leverage it?
... And there are problems
  • Prospects are going to the competition
  • Enrollment declining; applicant pool shrinking
  • Competition for best adult students is fierce
  • Alumin involvement/giving is flat - young alumini harder to reach
  • Graduation, retention and satisfaction rates fallin
  • Not attracting best employee candidates
  • Negative word of mouth is leaking out
A strong brand can break through these challenges
  • Strong brands bring people together - create contagious passion
  • A strong brand can last forever - has enduring impact on everything we do
A brand is -
  • Intangible—not just a look, letterhead, or logo
  • Action—a promise that an organization makes to its most important external and internal audiences
  • Signifier—tells the world who you are and what you stand for
  • Expectation—delivers a feeling through experience
Brand = position = your name
  • Goal of all branding - own a word in your marketplace. What is DU's word? Careers
  • Preparing students for careers is our most valued position
  • When someone thinks careers, DU's name should be first in their minds
  • The essence of brand marketing and positioning is in the power of your name
Higher education brands
  • Usually involve clarifying/strengthening, rather than creating a brand
  • The most effective brands are built from your institution's core values
Challenges
  • Successful brand marketing is more than anything a function of institutional will
  • Must focus outward toward customer rather than inward
Build a brand
  • Make a brand promise that matters
  • Communicate the promise (internal communication, training! DU's employee orientation is an excellent start; internal communication is strong and needs to get stronger)
  • Live the promise
  • Strengthen the promise
Your brand promise must be
  • Understandable
  • Important
  • Believeable
  • Distinctive
Your messages must be
  • Relevant (understandable, important, believable, distinctive)
  • Repeated
  • Remembered
  • Noticed!!!
Brands tell stories
  • Distinctly
  • Emotionally
  • Creatively
  • Convincingly
  • Consistently
Advertising isn't enough - you must be memorable
  • Stand-out creative is a MUST
  • Creative must arise from your strategy
  • Creative must operate on multiple levels of integration - think everywhere, everything
  • Creative must work through traditional and non-traditional touchpoints - those we haven't thought of before
  • Work from digital out - not the other way around
  • Creative must deliver an experience
  • The experience delivered through the creative must match the experience delivered on campus (Don't try to show that you're something you're not)

Launch internally
  • Make it a show - to build support with internal audiences, help them own it, too
  • Present brand portfolio, including the rationale and creative
  • Provide guidelines on how to communicate the brand, how to live the brand
Launch externally
  • Launch it - don't just leak it.
  • Do the easy-obvious things first, celebrate early successes
  • Communicate success - especially those that impact bottom line directly
  • Show outcomes - not just the output
  • Stay in it for the long haul - tweak where you need to, keep it going; don't quit or change course
10 brand domains - places your brand needs to be seen, heard, advanced and lived
  • Mission and Vision (Your brand begins here)
  • Finance and budget
  • Academic affairs
  • Student recruiting and financial aid
  • Student development/retention
  • Advancement and alumni relations
  • Facilities planning
  • IT
  • Marketing
  • HR
In other words, the brand is not just Marketing's domain, so ...
  • Help people understand their role through communication, training and development
  • The entire university experience must deliver on our brand promise
  • Enlist others across the university in brand stewardship
  • Review regularly to maintain, freshen, strengthen the brand
Building and maintaining your brand is the same type of long-term commitment that we make to building academic quality or our campus master plan.

Our goal is to build brand equity among internal stakeholders and external audiences.

Over time, a successful brand strategy will become
the central organizing purpose for the institution
and will be indistinguishable from a successful
strategic plan.

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