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BUIDING YOUR STARTUP BRAND WITH EFFECTIVE MESSAGING AND POSITIONING NATALIE NATHANSON, AUGUST 2013

Making a Name for Yourself: Building Your Startup Brand with Effective Messaging & Positioning

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Building Your Startup Brand with Effective Messaging & Positioning

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Page 1: Making a Name for Yourself: Building Your Startup Brand with Effective Messaging & Positioning

BUIDING YOUR STARTUP BRAND WITH

EFFECTIVE MESSAGING AND

POSITIONING NATALIE NATHANSON, AUGUST 2013

Page 2: Making a Name for Yourself: Building Your Startup Brand with Effective Messaging & Positioning

Building your startup brand

Page 3: Making a Name for Yourself: Building Your Startup Brand with Effective Messaging & Positioning

What goes into a Startup Brand?

Page 4: Making a Name for Yourself: Building Your Startup Brand with Effective Messaging & Positioning

A bit about me…

Page 5: Making a Name for Yourself: Building Your Startup Brand with Effective Messaging & Positioning
Page 6: Making a Name for Yourself: Building Your Startup Brand with Effective Messaging & Positioning

Agenda: Messaging to Build your Startup Brand

• Overview of Messaging• Key Elements• Tone & Voice• Unique Value Proposition• Taglines• Positioning

• Bringing it Together - Messaging frameworks

Page 7: Making a Name for Yourself: Building Your Startup Brand with Effective Messaging & Positioning

Why is messaging important?

1. Articulates your unique value proposition – what you do and why you’re better than your competition

2. Makes sure you are communicating your value in your customer’s language

3. Ensures all stakeholders clearly understand what you do - investors, potential customers, partners

4. Provides you with a guide for consistent communication – particularly important for a startup!

Page 8: Making a Name for Yourself: Building Your Startup Brand with Effective Messaging & Positioning

To develop your startup brand…

Your messaging should answer:1. What do you do?2. For whom do you do it?3. Why is it unique?4. Why us?

Page 9: Making a Name for Yourself: Building Your Startup Brand with Effective Messaging & Positioning

What do they do?For whom do they do it?

Why is it unique?Why them?

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To do this you must…

• Know your target customer• Know your ecosystem/competitors• Know how you compare

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Messaging Tone & Voice Unique Value Proposition Taglines Positioning/Market Segmentation Competitive Advantage

Terms to Know

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Tone & Voice: Verbal Branding

Page 13: Making a Name for Yourself: Building Your Startup Brand with Effective Messaging & Positioning

Tone & Voice Impacts a Startup Brand

What different brands did these 3 companies develop?

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Tone & Voice Impacts a Startup Brand

REI: “At REI, we love to get outside and play, and we know first-hand the importance of quality outdoor gear. We stand behind all our products with a 100% satisfaction guarantee, and we design our own line of award-winning REI brand gear and clothing. Whether you’re new to outdoor adventure or a seasoned pro, we gladly share our enthusiasm for our products and the trails, slopes and waterways where we play…”

BassPro: “In 1971, young Johnny Morris, frustrated by the lack of tackle in local stores, rented a U-Haul trailer and took off across the country filling it with the newest premium fishing tackle he could find. When he returned home to Springfield, Missouri, Johnny started in the fishing business… Today, outdoor enthusiasts around the world look forward to opening the mail and getting their favorite Bass Pro Shops catalog, while many enjoy visiting and shopping basspro.com…”

Moosejaw: “If you’re trying to figure out what 877-Moosejaw is on your Blackberry right now you can’t do it because the numbers and letters don’t match like a normal phone. So, instead of restoring to a landline please call 877-666-7352... If you’re interested in a little Moosejaw history, please read on. If not, please shut your eyes…

2001 - We opened our sixth shop in Deerfield, Illinois. At this point, we were too big and we started recommending that customers shop elsewhere. I considered a nose job to make my nose bigger. ”

Page 15: Making a Name for Yourself: Building Your Startup Brand with Effective Messaging & Positioning

What is a Unique Value Proposition?

Page 16: Making a Name for Yourself: Building Your Startup Brand with Effective Messaging & Positioning

Elements of a Unique Value Proposition

The pain points or industry problem that your product addresses

UVP ELEMENTS

DESCRIPTIONS

Product Category

Target Audiences

Pain Points Addressed

Approach(How it works)

Benefits

Proof Points (Evidence)

What business category your product fits into

The target roles, industries, demographics, behavioral profiles served

How your product addresses pain point

The business benefit of the product

Data points or customer testimonials that back up your benefits

The pain points or industry problem that your product addresses

Elements of a Unique Value Proposition

Page 17: Making a Name for Yourself: Building Your Startup Brand with Effective Messaging & Positioning

Marketo uniquely provides an easy-to-use, powerful and complete marketing software platform that propels fast-growing small companies and global enterprises alike. Marketo® marketing automation and sales effectiveness software streamlines marketing processes, delivers more campaigns, generates more win-ready leads, and improves sales performance. With proven technology, comprehensive services and expert guidance, Marketo helps thousands of companies around the world turn marketing from a cost center into a revenue driver.

Known for providing breakthrough innovation and fueling growth, in both 2011 and 2012 Marketo received the CRM Market Leaders Awards Winner for Marketing Solutions by CRM Magazine. Salesforce.com customers also honored the company with the AppExchange Customer Choice Awards for 2012 in the marketing category.

Example of a Unique Value Proposition

Page 18: Making a Name for Yourself: Building Your Startup Brand with Effective Messaging & Positioning

Marketo uniquely provides an easy-to-use, powerful and complete marketing software platform that propels fast-growing small companies and global enterprises alike. Marketo® marketing automation and sales effectiveness software streamlines marketing processes, delivers more campaigns, generates more win-ready leads, and improves sales performance. With proven technology, comprehensive services and expert guidance, Marketo helps thousands of companies around the world turn marketing from a cost center into a revenue driver.

Known for providing breakthrough innovation and fueling growth, in both 2011 and 2012 Marketo received the CRM Market Leaders Awards Winner for Marketing Solutions by CRM Magazine. Salesforce.com customers also honored the company with the AppExchange Customer Choice Awards for 2012 in the marketing category.

Product Category

Target Audiences

Pain Points Addressed

Approach/how it works

Benefits

Proof Points

Marketo UVP

Page 19: Making a Name for Yourself: Building Your Startup Brand with Effective Messaging & Positioning

Marketo uniquely provides an easy-to-use, powerful and complete marketing software platform that propels fast-growing small companies and global enterprises alike. Marketo® marketing automation and sales effectiveness software streamlines marketing processes, delivers more campaigns, generates more win-ready leads, and improves sales performance. With proven technology, comprehensive services and expert guidance, Marketo helps thousands of companies around the world turn marketing from a cost center into a revenue driver.

Known for providing breakthrough innovation and fueling growth, in both 2011 and 2012 Marketo received the CRM Market Leaders Awards Winner for Marketing Solutions by CRM Magazine. Salesforce.com customers also honored the company with the AppExchange Customer Choice Awards for 2012 in the marketing category.

Where does

the UVP go?

Page 20: Making a Name for Yourself: Building Your Startup Brand with Effective Messaging & Positioning

Elements of a Unique Value Proposition

The pain points or industry problem that your product addresses

UVP ELEMENTS

DESCRIPTIONS

Product Category

Target Audiences

Pain Points Addressed

Approach(How it works)

Benefits

Proof Points (Evidence)

Creating a Unique Value Proposition

Page 21: Making a Name for Yourself: Building Your Startup Brand with Effective Messaging & Positioning

Taglines & Descriptors

TaglineA well-crafted tagline that resonates with your

audience anchors your startup brand.

A tagline helps you differentiate yourselves from your competitors.

Descriptor A phrase summarizing your product helps you communicate who you are and what you do efficiently

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Example Tagline & Descriptor

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Making Your Tagline Stick

Don’t leave home without it

Think different

Melts in your mouth, not in your hand

Just do it

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1. There are no rules2. Watch out for buzzwords3. Embrace serendipity 4. Elicit emotion5. Evolution is O.K.

Rules for Tagline Development

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3. Role4. Competitive

1. Value2. Quality

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Role Positioning at Apple

Desired Takeaway(what you want them to remember)

Features ofRole-positioning

Example Role: StudentExample Product: Mac

Positioning(framing the value to the audience)

Proof Point: Support for your positioning with three message pillars and the evidence of features, facts, testimonials, etc.

Proof Point #1Example:

Rated #1 by 8 out of 10 students in a recent poll

Proof Point #2Example:

Proof Point #3Example:

A Mac automatically finds Wi-Fi hotspots and connects to your school network

Macs include built-in software that lets you do incredible things with your photos, videos, presentations

The Mac is as easy to use as it is powerful.

A Mac helps you create amazing projects for school and beyond.

Role-positioning at Apple

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Find your Competitive Sweet SpotImportance of feature/benefit to your marketStrong ability & assurance to deliverWeaker position by major competitors

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Bring it all together to strengthen your startup brand

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[email protected]

www.magnetudeconsulting.com