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What Are You Really Buying?
Written by: Jay Hamilton-RothArticle Overview: I read with great interest the article “Burt’s Bees, Tom’s of Maine, Naked Juice: Your Favorite Brands? Take Another Look — They May Not Be What They Seem“. Andrea Whitfil does a great job unearthing how many natural and organic brands that we perceive as being produced by small companies are in reality now owned by large multinational corporations. And she’s very bothered by the deception.
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What Are You Really Buying?
I read with great interest the article “Burt’s Bees, Tom’s of Maine, Naked Juice: Your Favorite Brands? Take Another Look — They May Not Be What They Seem“. Andrea Whitfil does a great job unearthing how many natural and organic brands that we perceive as being produced by small companies are in reality now owned by large multinational corporations. And she’s very bothered by the deception.
When you offer a product or service, you’re actually making two
separate promises: a primary logical offering and a secondary branding
promise. The logical offering addresses the reason
someone would choose your offering: price, speed, cost, efficiency,
resources, quality of life, etc. These benefits are easily measured:
how much faster/cheaper/better/bigger is your business or life.
The branding promise is much more subtle.
Purchasing the offering will create a feeling in the buyer. They’ll
feel like they’re now part of a specific community. They’ll feel better
about them self. It will create an emotional reaction to making the
purchase. The emotion may not make logical sense, but the feeling it
produces is real enough.
What Andrea is complaining about is that many products have broken
the branding promise. Andreas felt that she was supporting small
businesses that were working hard to make a difference to the planet.
Purchasing those small business products made her feel better about
herself (and a belief she was helping others continue this worthy
mission), so she embraced the product and the mission of the business.
Let’s say that you’re selling a successful product with a primary
(logical) benefit and also have a great branding message that goes
along with the product. And something happens that changes the story
(it’s now made offshore, etc.). The product is made with the same
exacting standards. Should you now change the branding message and risk
sacrificing your success?
The large corporations that Andrea mentions decided to keep the
branding message and hide their affiliation. Andrea would probably not
be as upset with the duplicity if the products had updated their story
to say something like, “Making a well-intentioned product is only good
if it also produces a good livelihood. We didn’t have the resources to
share the product with the whole world, so we sold our company. We make
sure that they are also putting the same quality into their product as
we did (even at a larger scale). If enough people buy these
high-quality products, increasing profitability, then companies will
see the bottom-line and change their values as well.”
Remember that some buyers look for stories when considering
products. Some buyers look for products when considering
communities.When all things are equal with a product, people look for
differentiators. Your well-crafted branding story can be a key
differentiator to attract buyers.
Article Tags: andrea, bees, belief, brandin, cost efficiency, emotion, emotional reaction, exacting standards, helping others, logical sense, multinational corporations, naked juice, offering price, promises, quality of life, rsquo, small business products, small businesses, specific community, worthy mission
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About the Author: Jay Hamilton-Roth RSS for Jay's articles - Visit Jay's website Jay Hamilton-Roth founded Many Good Ideas (http://www.ManyGoodIdeas.com) to help small businesses brainstorm, design, and implement effective marketing strategies. He combines creativity with common sense to demystify the process of getting great results. He has used his high-tech background from MIT to help him launch five businesses. He consults with companies in a wide range of industries and publishes a monthly marketing newsletter and daily marketing blog (http://ask.ManyGoodIdeas.com). He is the host of the new TV series "Business With Passion" (http://TV.ManyGoodIdeas.com). Click here to visit Jay's website Book Review Selling The Invisible Business Marketing Top 10 Rules Corresponding With Clients How To DisasterProof Your Business Marketing Rx What Do People See In Your Marketing |
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