The Connection Between Your Brand/Story and Your Sales Success
By David Chapin
SUMMARY
VOLUME 4
, NUMER 8
The concept of brands and branding can be confusing. But getting this right is crucial to your sales success. In this issue, we’ll outline how your brand/story affects your audiences and their purchasing behavior. We’ll give you some simple tests to judge whether your own brand/story is helping or hurting your chances of making the sale.
Relax. You don’t have to worry about your life science “brand” anymore!
For many scientifically-trained people the marketing concept that causes the most confusion (and that leads to many poor life science marketing decisions) is the concept of the brand.
The good news is you don’t have to worry about your “brand” in life sciences marketing anymore. (Do I hear sighs of relief?)
There is, however, a catch.
It’s not that the concept underlying the word “brand” is any less important now than it was before you started reading this article, it’s because the nomenclature is changing. There is a groundswell among marketing professionals to focus on “storytelling” and “narrative” instead of “branding.”
If you are confused, that’s OK. Lots of people are. “Branding” is confusing, and now we are supposed to forget this and focus on “storytelling?” That’s even more confusing.
To clear up this confusion, let me connect the concepts underlying the words “brand,” “storytelling,” and “narrative” to your sales success in the life sciences. For connected they most surely are.
To understand the connection between your sales success and your “brand” (what I’ll be calling your brand/story) we first need to define some terms.
What is a brand?
The original brand was a hot iron stamp used to burn a mark into the flesh of animals. This practice can be traced all the way back to the ancient Egyptians. Branding cattle is hard work, it’s painful, it smells bad and it’s permanent.
As others have pointed out, with the exception of the smell, these characteristics apply to branding and storytelling in marketing as well: they’re hard work, they’re generally painful (because of the difficult choices involved), and they’re permanent (or they should be).
Here is where the confusion starts to creep in. Some people use the word “brand” to refer to the symbol or corporate identity of the organization (think of Quintiles’ big red Q, which we designed in 1989, or of Life Technologies’ script logotype). This definition takes its cue from the “brand” on a cow.
And some others claim that a “brand” is what exists in the mind of their audiences, created by all the impressions perceived by these audiences.
So there seem to be three definitions. In some uses, the word “brand” refers to a symbol or wordmark. In others the word “brand” is organization-centric. In still others, the word “brand” is audience-centric.
For the purposes of this discussion, I’m going to use the nomenclature “brand/story” to refer to the organization-centric idea of choosing traits that deliberately distinguish one organization or offering from another.
In contrast, the word “image” will refer to the impression that the audience has of your organization. And the term “corporate identity” will refer to that symbol or wordmark that is the organization’s unique identifier (e.g., Quintiles’ Q).
To reiterate, your brand/story is something your organization chooses to differentiate itself, while the image of your brand/story is something your audiences create in their own minds.
And that is why “branding” is such an important activity and why it continues to be such an important topic in the marketing literature.
I’ll come back to the relationship between sales success and your brand/story a little later, but first, let’s clarify the difference between your organization’s “brand/story” and its “image.”
The five concentric circles in the life science marketing ecosystem
To understand the differences between brand/story and image, you first have to understand the life sciences marketing ecosystem, which we’ve depicted here in five concentric circles.
Inside this environment are your audiences. (Yes, you have more than one audience, for example: your prospects, your current customers, your potential employees, the press, and the search engines, just to name a few.)
These audiences learn about your organization through touchpoints, those areas of contact between your organization and your audiences. Your touchpoints can include physical objects, environments, online experiences and even interactions with people.
Inside the circle of your touchpoints is the circle of your brand/story. And at the center of this diagram is your organization, with its mission and goals.
Again, for the purposes of this discussion, we will assume that you’ve properly set the foundation for future sales success by choosing a value proposition that is truly unique and have encapsulated it in a unique, clear, and authentic position.
Your brand/story and your image in life science marketing
As you can see, your brand/story is the layer that connects your touchpoints with your organization.
In other words, your brand/story is the connecting link between your internal marketing activities (setting strategy, choosing a position, etc) and your external activities (touchpoints such as your trade shows, your web site and your content marketing). Your brand/story is the translation of your mission/vision and position into verbal, visual and tactile messages that can be clearly understood by your external audiences.
Your brand/story is the common element of all your touchpoints. It is the “common denominator” that appears every time you reach out, deliberately or not, to your audiences.
From the perspective of your organization, your brand/story is the sum of all the verbal, visual and tactile representations of your organization – that is, what the organization is saying about itself, consciously or unconsciously.
As you can imagine, if your organization is not in sync (or “internally aligned”), then different parts of the organization will be sending out inconsistent, mixed messages. These inconsistent messages will confuse your audiences. A confused audience is unlikely to buy. This is why internal alignment and consistency are so important for sales success in life science marketing.
Make no mistake, the image carried by the audiences in their heads will influence their behavior, both during the investigatory phase (while they’re just shopping) and during the purchase phase. Since the investigatory phase often happens anonymously (thanks to the Internet and the wide availability of information), it is crucially important to get your brand/story right and align it with your internal mission, vision and position.
This concept of achieving sales success by getting your brand/story right has some interesting corollaries. For example, search engines (one of your most important audiences) have an image of your organization’s brand/story. They build this image by categorizing your available digital presence and using this to rank your organization in their responses to search queries. And it is these search responses that often guide your human prospects in building a short list of organizations to investigate further. If your organization’s brand/story isn’t on target, then the image gathered by the search engines won’t be right, and you won’t be included in the appropriate search results.
You need to get your brand/story right.
Your brand/story must articulate your position to be successful in life science marketing
So your brand/story, if it does nothing else, must clearly convey your position.
The common brand/story flaws in life science marketing
There are two common flaws when utilizing a brand/story in life science marketing.
Flaw One: The brand/story does not adequately articulate the organization’s position.
Flaw two: The brand/story is inconsistent or is used inconsistently across the various touchpoints.
If your brand/story is inconsistent, the image that your audience creates in their minds also will be inconsistent. Inconsistent images lead to a confused audience. Confused audiences don’t buy.
Simple tests for your brand/story in life science marketing.
Crafting effective brand/stories is no trivial task. Much has been written on the topic. But it can be easier to assess the effectiveness of your brand/story. Start by answering the following two questions:
1. Does your brand/story clearly communicate your position and your unique value proposition?
That is, are your claims stated clearly, in customer-centric language? Are your claims unique? Do the visual, verbal and tactile components of your brand/story align with your organization’s position (which must be clear, unique, authentic, sustainable, important believable and compelling)? If not, it’s likely you are confusing your audiences and missing an opportunity to influence their image of your organization.
2. Is your brand/story consistent across all touchpoints?
To determine this, gather a copy of everything that has your corporate identity on it. Print out copies of your web site, your proposals, your invoices, images of your tradeshow booth, email blasts, etc.
Let’s go after the low hanging fruit: Do all the colors match? Is your tagline used consistently? Does the body copy for all these items communicate the same point-of-view, make the same claims, stress the same unique value? If not, your audiences are probably already confused about what your organization stands for.
Your brand/story is important to your sales success in life science marketing
Your brand/story contributes directly to the image of your organization that your audiences build in their own minds. That image contributes to their purchase behavior; your brand/story will contribute to (or detract from) your sale success.
For this reason alone, you should consider your brand/story an important component of your life science marketing efforts.
Summary
- The concept of a “brand” can be confusing.
- Marketers are starting to replace the word “brand” with “storytelling” or “narrative.”
- The word “brand” has been confused over the years. For some, your brand is the symbol that represents your organization. (I refer to this as your corporate identity.) For others, your brand is the personality that differentiates one organization’s offering from another. (I refer to this as your brand/story.) For still others, your brand is the impression your audiences have of your organization. (I refer to this as the image of your organization in the minds of your audience.)
- There are 5 concentric circles in marketing:
- The environment
- Your audiences
- Your touchpoints
- Your brand/story
- Your organization
- Your brand/story is the messenger between your position (an internal decision) and your image (constructed externally by your audiences in their own minds by the sum of all their impressions of your organization’s touchpoints).
- Your brand/story must articulate your organization’s position.
- Your brand/story must articulate this clearly and consistently.
- There are some simple tests you can use to determine whether your brand/story is being used consistently, or is articulating your position clearly.
- Your brand/story influences your audiences’ image of your organization, which influences their buying behaviors. Your brand/story is connected to your sales success (or failure).
The Marketing of Science is published by Forma Life Science Marketing approximately ten times per year. To subscribe to this free publication, email us at info@formalifesciencemarketing.com.
David Chapin is author of the book “The Marketing of Science: Making the Complex Compelling,” available now from Rockbench Press and on Amazon. He was named Best Consultant in the inaugural 2013 BDO Triangle Life Science Awards. David serves on the board of NCBio.
David has a Bachelor’s degree in Physics from Swarthmore College and a Master’s degree in Design from NC State University. He is the named inventor on more than forty patents in the US and abroad. His work has been recognized by AIGA, and featured in publications such as the Harvard Business Review, ID magazine, Print magazine, Design News magazine and Medical Marketing and Media. David has authored articles published by Life Science Leader, Impact, and PharmaExec magazines and MedAd News. He has taught at the Kenan-Flagler Business School at UNC-Chapel Hill and at the College of Design at NC State University. He has lectured and presented to numerous groups about various topics in marketing.
Forma Life Science Marketing is a leading marketing firm for life science, companies. Forma works with life science organizations to increase marketing effectiveness and drive revenue, differentiate organizations, focus their messages and align their employee teams. Forma distills and communicates complex messages into compelling communications; we make the complex compelling.
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