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June 24-27, 2015 | Mandalay Bay Resort & Convention Center | Las Vegas June 24-27, 2015 Mandalay Bay Resort & Convention Center | Las Vegas Panel Discussion: Gabriel Cohen, Jamie S. Gorski Joseph Batdorf, and Summer Austin BRANDING CHALLENGES AND LESSONS

Branding Challenges and Lessons - 2015 NAA Education Conference and Exposition

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Page 1: Branding Challenges and Lessons - 2015 NAA Education Conference and Exposition

June 24-27, 2015 | Mandalay Bay Resort & Convention Center | Las Vegas

June 24-27, 2015Mandalay Bay Resort & Convention Center | Las Vegas

Panel Discussion: Gabriel Cohen, Jamie S. Gorski

Joseph Batdorf, and Summer Austin

BRANDING CHALLENGES AND LESSONS

Page 2: Branding Challenges and Lessons - 2015 NAA Education Conference and Exposition

June 24-27, 2015 | Mandalay Bay Resort & Convention Center | Las Vegas

Branding Challenges and Lessons: About the Session

Panelists:

•Gabriel Cohen, Chief Marketing Officer, Monigle Associates Inc.

•Jamie S. Gorski, Chief Marketing Officer, The Bozzuto Group

•Joseph Batdorf, President, J Turner Research

•Summer Austin, Director of Strategic Marketing, Camden

Learning Objectives:

•The challenges in establishing and maintaining a consistent brand.

•The role played by market research in supporting a brand.

•Factors affecting brand building.

•Best practices in brand building in the multifamily industry.

Page 3: Branding Challenges and Lessons - 2015 NAA Education Conference and Exposition

June 24-27, 2015 | Mandalay Bay Resort & Convention Center | Las Vegas

June 24-27, 2015Mandalay Bay Resort & Convention Center | Las Vegas

Chief Marketing Officer, Monigle Associates Inc.

Gabriel Cohen

Page 4: Branding Challenges and Lessons - 2015 NAA Education Conference and Exposition

June 24-27, 2015 | Mandalay Bay Resort & Convention Center | Las Vegas

• A brand is not an ad…

Page 5: Branding Challenges and Lessons - 2015 NAA Education Conference and Exposition

June 24-27, 2015 | Mandalay Bay Resort & Convention Center | Las Vegas

• A brand is not a logo…

Page 6: Branding Challenges and Lessons - 2015 NAA Education Conference and Exposition

June 24-27, 2015 | Mandalay Bay Resort & Convention Center | Las Vegas

• A brand is not a symbol…

Page 7: Branding Challenges and Lessons - 2015 NAA Education Conference and Exposition

June 24-27, 2015 | Mandalay Bay Resort & Convention Center | Las Vegas

• A brand is not a slogan or tagline…

Page 8: Branding Challenges and Lessons - 2015 NAA Education Conference and Exposition

June 24-27, 2015 | Mandalay Bay Resort & Convention Center | Las Vegas

• Brand is a much bigger idea

Page 9: Branding Challenges and Lessons - 2015 NAA Education Conference and Exposition

June 24-27, 2015 | Mandalay Bay Resort & Convention Center | Las Vegas

Brand (n):

A business asset representing the promise and delivery of experience across touchpoints that establishes relevance and differentiation while unlocking value creation

Page 10: Branding Challenges and Lessons - 2015 NAA Education Conference and Exposition

June 24-27, 2015 | Mandalay Bay Resort & Convention Center | Las Vegas

Re-energizing a

brand to welcome

people home

Brand Strategy

Tagline

Identity Design

Design System

Brand Architecture

Environmental Design

Page 11: Branding Challenges and Lessons - 2015 NAA Education Conference and Exposition

June 24-27, 2015 | Mandalay Bay Resort & Convention Center | Las Vegas

The biggest challenge for marketing leaders is to get buy-in

from your colleagues.

Page 12: Branding Challenges and Lessons - 2015 NAA Education Conference and Exposition

June 24-27, 2015 | Mandalay Bay Resort & Convention Center | Las Vegas

Page 13: Branding Challenges and Lessons - 2015 NAA Education Conference and Exposition

June 24-27, 2015 | Mandalay Bay Resort & Convention Center | Las Vegas

• It’s time for the Logo Police to retire!

Page 14: Branding Challenges and Lessons - 2015 NAA Education Conference and Exposition

June 24-27, 2015 | Mandalay Bay Resort & Convention Center | Las Vegas

3 things you can do today

Page 15: Branding Challenges and Lessons - 2015 NAA Education Conference and Exposition

June 24-27, 2015 | Mandalay Bay Resort & Convention Center | Las Vegas

#1 Connect the brand benefits to priority business outcomes

• Internal advantages of a strong brand

• Clarity of purpose

• Filter for decision-making

• Motivator for employees

• Attraction for new talent

• Efficiencies in marketing

• Segmentation around customer needs

• External advantages of a strong brand

• Pricing premium and lower elasticity

• Recognition in the sector

• Barriers to entry for competitors

• Attracting customers and partners

• Loyalty of customers and partners

• Leverage with suppliers

• Credibility when entering new areas

• Goodwill in time of crisis

Page 16: Branding Challenges and Lessons - 2015 NAA Education Conference and Exposition

June 24-27, 2015 | Mandalay Bay Resort & Convention Center | Las Vegas

• #2 Reframe the definition of brand:

Culture

Experience

Page 17: Branding Challenges and Lessons - 2015 NAA Education Conference and Exposition

June 24-27, 2015 | Mandalay Bay Resort & Convention Center | Las Vegas

• #3 Map the journey and find willing collaborators

Page 18: Branding Challenges and Lessons - 2015 NAA Education Conference and Exposition

June 24-27, 2015 | Mandalay Bay Resort & Convention Center | Las Vegas

Setting yourself up for success

1. Establish a clear link to the business strategy that sits on CEO desk

2. Define clear KPIs / outcomes to measure success 6,12,18, 24 months out

and establish a baseline comparison

3. Build relationships with internal stakeholders from other functions that

control you have to get on board?

4. Identify potential barriers and ensure there is executive sponsor who has

your back

5. Give yourself flexibility to reprioritize the scope and work steps after the

Discovery phase

6. Be sure you account for post-launch activities including activation,

implementation, conversion and sustainability as part of the plan

Page 19: Branding Challenges and Lessons - 2015 NAA Education Conference and Exposition

June 24-27, 2015 | Mandalay Bay Resort & Convention Center | Las Vegas

Page 20: Branding Challenges and Lessons - 2015 NAA Education Conference and Exposition

June 24-27, 2015 | Mandalay Bay Resort & Convention Center | Las Vegas

June 24-27, 2015Mandalay Bay Resort & Convention Center | Las Vegas

Chief Marketing Officer, The Bozzuto Group

Jamie S. Gorski

Page 21: Branding Challenges and Lessons - 2015 NAA Education Conference and Exposition

June 24-27, 2015 | Mandalay Bay Resort & Convention Center | Las Vegas

Page 22: Branding Challenges and Lessons - 2015 NAA Education Conference and Exposition

June 24-27, 2015 | Mandalay Bay Resort & Convention Center | Las Vegas

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June 24-27, 2015 | Mandalay Bay Resort & Convention Center | Las Vegas

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June 24-27, 2015 | Mandalay Bay Resort & Convention Center | Las Vegas

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June 24-27, 2015 | Mandalay Bay Resort & Convention Center | Las Vegas

June 24-27, 2015Mandalay Bay Resort & Convention Center | Las Vegas

Director of Strategic Marketing, Camden

Summer Austin

@summeraustin

Page 45: Branding Challenges and Lessons - 2015 NAA Education Conference and Exposition

June 24-27, 2015 | Mandalay Bay Resort & Convention Center | Las Vegas

Brand is more than just a tagline.

Branding ispeople,culture &leadership.

Page 46: Branding Challenges and Lessons - 2015 NAA Education Conference and Exposition

June 24-27, 2015 | Mandalay Bay Resort & Convention Center | Las Vegas

Consistency. Repetition.Buy-in. More Repetition.

Camden-ize each communityThe Camden ExperienceMarketing Organization Support

Page 47: Branding Challenges and Lessons - 2015 NAA Education Conference and Exposition

June 24-27, 2015 | Mandalay Bay Resort & Convention Center | Las Vegas

Branding drives revenue

Page 48: Branding Challenges and Lessons - 2015 NAA Education Conference and Exposition

June 24-27, 2015 | Mandalay Bay Resort & Convention Center | Las Vegas

Branding benefits investment

Page 49: Branding Challenges and Lessons - 2015 NAA Education Conference and Exposition

June 24-27, 2015 | Mandalay Bay Resort & Convention Center | Las Vegas

Manage Brand by Managing Reputation

Page 50: Branding Challenges and Lessons - 2015 NAA Education Conference and Exposition

Thank youFor any questions or comments please contact:

Gabriel Cohen – [email protected]