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	<title>Comments on: Business Model Innovation Comes before Branding and Marketing</title>
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	<link>http://www.straightnorth.com/blog/business-model-innovation-comes-before-branding-and-marketing/</link>
	<description>Internet Marketing, Branding and Web Development for B2B</description>
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		<title>By: Chris</title>
		<link>http://www.straightnorth.com/blog/business-model-innovation-comes-before-branding-and-marketing/comment-page-1/#comment-5365</link>
		<dc:creator>Chris</dc:creator>
		<pubDate>Fri, 21 Jan 2011 22:53:34 +0000</pubDate>
		<guid isPermaLink="false">http://www.wordsellinc.com/?p=2284#comment-5365</guid>
		<description>Branding is not about having your potential clients to select you over your competition, nevertheless it is about getting your prospects to see you as the only one that offers a solution to their problem. The outward expression of a brand, comprises its name, trademark, communications, and visual appearance. Your brand resides within the hearts and minds of customers, clients, and prospects.

Branding is a lot more than a marketing goal. For me actually branding is an outcome of just good plain business common sense. Yet, it is frequently seen as a driver rather than an outcome. The act of associating a product or service with a brand has become part of pop culture. Most products have some sort of brand identity, from common table salt to designer jeans.

There is Attitude branding which is the choice to represent a larger feeling, which is not necessarily connected with the product or consumption of the product at all.

It&#039;s crucial to spend time investing in researching, defining, and building your brand. In the end your brand is the source of a assurance to your consumer.</description>
		<content:encoded><![CDATA[<p>Branding is not about having your potential clients to select you over your competition, nevertheless it is about getting your prospects to see you as the only one that offers a solution to their problem. The outward expression of a brand, comprises its name, trademark, communications, and visual appearance. Your brand resides within the hearts and minds of customers, clients, and prospects.</p>
<p>Branding is a lot more than a marketing goal. For me actually branding is an outcome of just good plain business common sense. Yet, it is frequently seen as a driver rather than an outcome. The act of associating a product or service with a brand has become part of pop culture. Most products have some sort of brand identity, from common table salt to designer jeans.</p>
<p>There is Attitude branding which is the choice to represent a larger feeling, which is not necessarily connected with the product or consumption of the product at all.</p>
<p>It&#8217;s crucial to spend time investing in researching, defining, and building your brand. In the end your brand is the source of a assurance to your consumer.</p>
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		<title>By: Brad Shorr</title>
		<link>http://www.straightnorth.com/blog/business-model-innovation-comes-before-branding-and-marketing/comment-page-1/#comment-5364</link>
		<dc:creator>Brad Shorr</dc:creator>
		<pubDate>Mon, 13 Jul 2009 13:02:53 +0000</pubDate>
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		<description>Andrew, We are in violent agreement. From a marketer&#039;s perspective, putting together a slick campaign when the underlying product/service does not fit your (1) point is what gives our profession a bad reputation and undermines long term results for the client. It&#039;s a syndrome that really must be avoided at all cost.</description>
		<content:encoded><![CDATA[<p>Andrew, We are in violent agreement. From a marketer&#8217;s perspective, putting together a slick campaign when the underlying product/service does not fit your (1) point is what gives our profession a bad reputation and undermines long term results for the client. It&#8217;s a syndrome that really must be avoided at all cost.</p>
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		<title>By: Andrew</title>
		<link>http://www.straightnorth.com/blog/business-model-innovation-comes-before-branding-and-marketing/comment-page-1/#comment-5363</link>
		<dc:creator>Andrew</dc:creator>
		<pubDate>Mon, 13 Jul 2009 12:56:15 +0000</pubDate>
		<guid isPermaLink="false">http://www.wordsellinc.com/?p=2284#comment-5363</guid>
		<description>Brad,

This is absolute plain and simple common sense and Kaye puts it brilliantly in the quote to which you refer in your discussion.

Success in any realm of life is about getting first getting the basics right. In almost any form of business, the basic fundamentals involve:

(1) finding the right range of products or services (those which add a substantial amount of value to the lives of your prospective clientele, and which your firm is able to produce or deliver on a consistent, reliable and cost effective basis); and

(2) putting in place the processes and systems (i.e. supply chain, distribution, infrastructure and facilities, information systems etc.) to enable your firm to deliver consistent performance and output to your customers in a way which is either better or more cost effective than what your competitors are able to deliver.

Regardless of how slick their marketing effort is (and I am not for one second suggesting that the importance of effective marketing strategies can be overstated), firms which are not getting things right at this simple basic level and are not able to deliver performance which meets customer expectations on a consistent basis are going to have a mighty hard time generating a great deal of success from their marketing activities.

But in the case of firms who get their basics right, the flow of testimonials and referrals from which they will no doubt benefit can be expected to make life a whole lot easier for their marketing personnel out there in the marketplace.</description>
		<content:encoded><![CDATA[<p>Brad,</p>
<p>This is absolute plain and simple common sense and Kaye puts it brilliantly in the quote to which you refer in your discussion.</p>
<p>Success in any realm of life is about getting first getting the basics right. In almost any form of business, the basic fundamentals involve:</p>
<p>(1) finding the right range of products or services (those which add a substantial amount of value to the lives of your prospective clientele, and which your firm is able to produce or deliver on a consistent, reliable and cost effective basis); and</p>
<p>(2) putting in place the processes and systems (i.e. supply chain, distribution, infrastructure and facilities, information systems etc.) to enable your firm to deliver consistent performance and output to your customers in a way which is either better or more cost effective than what your competitors are able to deliver.</p>
<p>Regardless of how slick their marketing effort is (and I am not for one second suggesting that the importance of effective marketing strategies can be overstated), firms which are not getting things right at this simple basic level and are not able to deliver performance which meets customer expectations on a consistent basis are going to have a mighty hard time generating a great deal of success from their marketing activities.</p>
<p>But in the case of firms who get their basics right, the flow of testimonials and referrals from which they will no doubt benefit can be expected to make life a whole lot easier for their marketing personnel out there in the marketplace.</p>
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		<title>By: Brad Shorr</title>
		<link>http://www.straightnorth.com/blog/business-model-innovation-comes-before-branding-and-marketing/comment-page-1/#comment-5362</link>
		<dc:creator>Brad Shorr</dc:creator>
		<pubDate>Sun, 12 Jul 2009 19:32:41 +0000</pubDate>
		<guid isPermaLink="false">http://www.wordsellinc.com/?p=2284#comment-5362</guid>
		<description>Thanks, Kay. That makes a lot of sense. Obviously organizations need to understand innovation within their industry before they can develop a winning strategy. I wonder how many have that type of understanding.</description>
		<content:encoded><![CDATA[<p>Thanks, Kay. That makes a lot of sense. Obviously organizations need to understand innovation within their industry before they can develop a winning strategy. I wonder how many have that type of understanding.</p>
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		<title>By: Kay Plantes</title>
		<link>http://www.straightnorth.com/blog/business-model-innovation-comes-before-branding-and-marketing/comment-page-1/#comment-5361</link>
		<dc:creator>Kay Plantes</dc:creator>
		<pubDate>Sun, 12 Jul 2009 19:28:09 +0000</pubDate>
		<guid isPermaLink="false">http://www.wordsellinc.com/?p=2284#comment-5361</guid>
		<description>Great question. Depends a lot of the stage of the new technology. Early on it&#039;s about proof that the technology works in its initial applications. A race to be first. Then, it&#039;s all about ease of use with different companies vying to be the standard.  The easy stage is when lots of new markets are opening up and leaders can pick different spaces to excel in, each requiring different applications. This is also, however, the stage when technology companies can come head-up against larger, better funded &quot;channel leaders,&quot; who often end up buying the technology company. With maturing, margins decline as commoditization-pressures pick up, making it harder to generate funds for differentiation. But oftentimes the competition is a lot sleepier, giving an edge to a company willing to redefine itself.

These are all gross-characterizations with each market/technology being different. But if you are in a mature category, don&#039;t assume it&#039;s hopeless. Just be willing to rethink what business you are really in.  Apple is a great example--each new technology/product added value to its existing products as they work well in a &quot;suite,&quot; saving users time and frustration.</description>
		<content:encoded><![CDATA[<p>Great question. Depends a lot of the stage of the new technology. Early on it&#8217;s about proof that the technology works in its initial applications. A race to be first. Then, it&#8217;s all about ease of use with different companies vying to be the standard.  The easy stage is when lots of new markets are opening up and leaders can pick different spaces to excel in, each requiring different applications. This is also, however, the stage when technology companies can come head-up against larger, better funded &#8220;channel leaders,&#8221; who often end up buying the technology company. With maturing, margins decline as commoditization-pressures pick up, making it harder to generate funds for differentiation. But oftentimes the competition is a lot sleepier, giving an edge to a company willing to redefine itself.</p>
<p>These are all gross-characterizations with each market/technology being different. But if you are in a mature category, don&#8217;t assume it&#8217;s hopeless. Just be willing to rethink what business you are really in.  Apple is a great example&#8211;each new technology/product added value to its existing products as they work well in a &#8220;suite,&#8221; saving users time and frustration.</p>
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		<title>By: Brad Shorr</title>
		<link>http://www.straightnorth.com/blog/business-model-innovation-comes-before-branding-and-marketing/comment-page-1/#comment-5360</link>
		<dc:creator>Brad Shorr</dc:creator>
		<pubDate>Sun, 12 Jul 2009 17:05:09 +0000</pubDate>
		<guid isPermaLink="false">http://www.wordsellinc.com/?p=2284#comment-5360</guid>
		<description>Thanks, experts, for sharing your insights. Now that I have your attention, let me ask this - is it easier to innovate in a sector characterized by innovation(e.g., technology), or in a sector that moves more slowly (e.g., packaging)?</description>
		<content:encoded><![CDATA[<p>Thanks, experts, for sharing your insights. Now that I have your attention, let me ask this &#8211; is it easier to innovate in a sector characterized by innovation(e.g., technology), or in a sector that moves more slowly (e.g., packaging)?</p>
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		<title>By: Kay Plantes</title>
		<link>http://www.straightnorth.com/blog/business-model-innovation-comes-before-branding-and-marketing/comment-page-1/#comment-5359</link>
		<dc:creator>Kay Plantes</dc:creator>
		<pubDate>Sun, 12 Jul 2009 15:41:55 +0000</pubDate>
		<guid isPermaLink="false">http://www.wordsellinc.com/?p=2284#comment-5359</guid>
		<description>The Business Genome comment is really insightful.  It takes deep digging to understand what is or could be the unique, hard to copy advantages underlying a company&#039;s business model. At the same time, it takes a market understanding process as strong as the financial understanding process (i.e.,--the acquisition,interpretation and use of information in decisions)to know how to best deploy that advantage in a way that is meaningful for the target markets.  When leaders fail to understand advantage or what Bill Welter&#039;s calls their external &quot;ecosystem,&quot; more and more of the offering becomes commodity-like.  Kay</description>
		<content:encoded><![CDATA[<p>The Business Genome comment is really insightful.  It takes deep digging to understand what is or could be the unique, hard to copy advantages underlying a company&#8217;s business model. At the same time, it takes a market understanding process as strong as the financial understanding process (i.e.,&#8211;the acquisition,interpretation and use of information in decisions)to know how to best deploy that advantage in a way that is meaningful for the target markets.  When leaders fail to understand advantage or what Bill Welter&#8217;s calls their external &#8220;ecosystem,&#8221; more and more of the offering becomes commodity-like.  Kay</p>
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		<title>By: Business Genome</title>
		<link>http://www.straightnorth.com/blog/business-model-innovation-comes-before-branding-and-marketing/comment-page-1/#comment-5358</link>
		<dc:creator>Business Genome</dc:creator>
		<pubDate>Sun, 12 Jul 2009 01:54:07 +0000</pubDate>
		<guid isPermaLink="false">http://www.wordsellinc.com/?p=2284#comment-5358</guid>
		<description>Thanks for this post.  It certainly seems that in this day of never-ending marketing opportunities, less attention has been paid to Business Model Innovation.  However a lot digging needs to occur in order for a company to understand how precisely to innovate itself.  We are currently interested in understanding the unique DNA of a company, doing that deep-digging, so that it&#039;s easier for a company to take the next steps towards innovation.</description>
		<content:encoded><![CDATA[<p>Thanks for this post.  It certainly seems that in this day of never-ending marketing opportunities, less attention has been paid to Business Model Innovation.  However a lot digging needs to occur in order for a company to understand how precisely to innovate itself.  We are currently interested in understanding the unique DNA of a company, doing that deep-digging, so that it&#8217;s easier for a company to take the next steps towards innovation.</p>
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		<title>By: Social Media the New Way to Influence People &#124; Widespread Solutions Llc</title>
		<link>http://www.straightnorth.com/blog/business-model-innovation-comes-before-branding-and-marketing/comment-page-1/#comment-5357</link>
		<dc:creator>Social Media the New Way to Influence People &#124; Widespread Solutions Llc</dc:creator>
		<pubDate>Fri, 10 Jul 2009 16:55:12 +0000</pubDate>
		<guid isPermaLink="false">http://www.wordsellinc.com/?p=2284#comment-5357</guid>
		<description>[...]  Business Model Innovation Comes before Branding and Marketing  (wordsellinc.com) [...]</description>
		<content:encoded><![CDATA[<p>[...]  Business Model Innovation Comes before Branding and Marketing  (wordsellinc.com) [...]</p>
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		<title>By: Fred H Schlegel</title>
		<link>http://www.straightnorth.com/blog/business-model-innovation-comes-before-branding-and-marketing/comment-page-1/#comment-5356</link>
		<dc:creator>Fred H Schlegel</dc:creator>
		<pubDate>Fri, 10 Jul 2009 01:53:46 +0000</pubDate>
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		<description>Brad - Much better way of saying it and more along the lines that I meant. Thanks.</description>
		<content:encoded><![CDATA[<p>Brad &#8211; Much better way of saying it and more along the lines that I meant. Thanks.</p>
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