What Great Brands Do: The Seven Brand-Building Principles that Separate the Best from the Rest
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Discover proven strategies for building powerful, world-class brands in this 800CEOREAD bestseller   It s tempting to believe that brands like Apple, Nike, and Zappos achieved their iconic statuses because of serendipity, an unattainable magic formula, or even the genius of a single visionary leader. However, these companies all adopted specific approaches and principles that transformed their ordinary brands into industry leaders. In other words, great brands can be built--and Denise Lee Yohn knows exactly how to do it. Delivering a fresh perspective, Yohn s What Great Brands Do teaches an innovative brand-as-business strategy that enhances brand identity while boosting profit margins, improving company culture, and creating stronger stakeholder relationships. Drawing from twenty-five years of consulting work with such top brands as Frito-Lay, Sony, Nautica, and Burger King, Yohn explains key principles of her brand-as-business strategy.- Reveals the seven key principles that the world s best brands consistently implement
- Presents case studies that explore the brand building successes and failures of companies of all sizes including GE, IKEA, Chipotle Mexican Grill, and other remarkable brands
- Provides tools and strategies that organizations can start using right away
Q&A with Denise Lee Yohn, author of What Great Brands Do
How will What Great Brands Do help us run better businesses?
Too many companies waste time, energy, and money on advertising and marketing their brands, only to have their efforts fall short. I want to show a different and more effective and sustainable way to build a brand—the way the greatest brands do.
What differentiates a great brand from a merely good one?
Most traditional branding efforts create an image to serve as the "face" of a company-a look and tagline to promote a business, or a new advertising or social media campaign to reinvigorate it—but these activities simply serve to express a brand. Great brands execute their brands, elevating the brand from an external-facing message to a strategic tool for managing the business. They use their brand to shape their culture, focus their core operations, and design their customer experiences. This brand-as-business approach has proven to be far more effective than "branding."
What can stand in the way of implementing the brand-as-business approach?
Some business leaders think of brands only in terms of messages and marketing tactics because that s all they know. Others want a quick fix and would rather change what they say about themselves rather than actually change. Still others understand the full business value of a brand but lack the tools and methods to realize it. What Great Brands Do will educate the first group, persuade the second, and equip the last.
Why is rethinking our approach to brand-building so critical today?
In practically every sector, competition is intensifying. Companies must differentiate themselves in substantive ways and deliver real value to customers. At the same time, those consumers are savvier than ever, and they re equipped with tools that enable them to see beneath a veneer that a company puts up. Image and reality must be closely aligned. Finally, advertising budgets are getting squeezed, but expectations for brand awareness and preference remain. The solution to all of these pressures is an integral brand strategy.
Who needs to read this book?
What Great Brands Do is for CEOs, COOs, entrepreneurs, and other leaders—people who have the responsibility, and the desire, to grow their organizations. My book challenges the conventional rhetoric about brands and teaches the most essential brand-building principles and tools for running a better business.
