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Case
Studies
Listen,
Think, Plan, Act...Results
Landrey
& Company increasingly sees clients challenged to keep their
products and services from becoming commodities. The only way to
compete in a commodity market is on price. As prices fall, so do
margins.
Faced
with this problem in multiple situations, Landrey & Company
developed a proprietary planning model
to guide companies in positioning their brands and putting together
the right mix of marketing communications to build brand equity.
Here's an example of how we helped a global company build its brands
and increase its market share and margins in the U.S.
Brand
building in a commodity market
Situation:
Our client operated in a commodity market. For the most part, its
own products were marketed under generic names. Price was the principal
means of competition.
But
this company was responsible for the key technical advancements
in its industry. It consistently was first with product improvements.
It also was the only company offering certain value-added services.
Solution:
Landrey & Company helped the company identify its points of
differentiation. We reminded it of what made it great. Working with
the company, we developed a strategy to clearly position it as the
industry leader in innovation, product quality and customer support.
First
we created a brand architecture that named each product and each
extension for value-added services. No longer would it allow itself
to be part of the crowd.
Next,
we established a consistent design identity carried across all collateral
material, packaging, and internal and external communications.
Then
we broke through the clutter in trade publications with advertising
that shattered the mold for the industry, supporting the brand position
with clear messages in words and design. We supported the marketing
communications campaign with media relations including interviews
with key executives and placement of contributed articles.
We
built pride among operating employees. They became the keepers of
the brand. They learned how to build equity in the brand and support
it in their everyday actions through brown-bag-lunch discussions
with key customers and open forums with senior executives.
Outcome:
Our strategy was initially greeted with skepticism among others
in the industry. They stood on the sidelines while our client captured
customer preference and loyalty, and market share increased from
18 percent to 30 percent. Today they also see our client able to
command a premium for its product.
The
lesson learned a product or service only becomes a commodity
if you let it. We believe this lesson is applicable in any business.
Other
case studies of Landrey & Company brand building and marketing
communications:
adidas
Golf Product Launch
Pacific Crest: Live...from Vail
Grant Thornton Brand Awareness
Steelscape Branding
First-Mover Advantage: First Point
Crafting Ellison's National Image
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