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By Drew Neisser.

The essence of brand is differentiation. It is how Egyptian ranchers claimed cows 4,000 years ago and how shoppers find favourite products today. Yet differentiation is often lost in the lookalike land of B2B marketing. Language, imagery, colour palettes, personality and websites all seem to blend together. This was the challenge for Paz Macdonald when she became chief marketing officer of Software AG in January 2019.

Describing that brand as “still water, hold the ice,” Macdonald began the process of discovery and reinvention with a brand audit. It pointed to the need for a makeover from the ground up, including a new identity, a new website and a new promise: “Living connections.” As a result of these efforts, launched in May 2020, Macdonald now describes the brand as “a sensible but a nice cocktail,” one that is fuelling engagement across the company’s newly invigorated communications channels.

Where did you start with the brand transformation?

One of the first things we did was to take the emotion away. Let’s get a brand audit done. What do people actually think when they hear the word “Software AG?” We asked our customers. We asked people that were potential prospects, Gartner, Forrester, our board, our sales organization. We asked the entire field organization. We did a very detailed audit and the feedback, actually, it’s like it held a mirror up to us. It was like, “We’ve got a problem; we need to fix this.”

What did you discover in the brand audit?

Some of the imagery we were using was with millennials doing handstands and things. That’s not the audience we’re going after. We also saw our language was dated. We just needed to talk in a very, very different way. One of the questions I ask about brands is, “If this brand walked into a bar and ordered a drink, what drink would it order?” I think the brand that we had at the time when I joined was probably a still water. Hold the ice.

How did you synthesize the audit’s findings?

There were three threads that we had to bring together. One was a brand audit, which led the direction of everything that we had to do. One was a decision that the website, which is our shop front, which was doing us a disservice, had to change. We had to change the platform; we decided to go with Adobe. And then the last thing was actually writing the content, the words and pictures, and the design.

What was the solution?

We are primarily an Enterprise Integration, an IoT platform. What that means is that there’s so much that we do in the background and you can’t see and touch what we do. That’s how we came up with “living connections,” the messaging that united everything we do, because we decided that our essential role in the world was the pulse that keeps the world living and thriving.

That was the thread, and everything fell into place. We simplified the homepage to help people find us and we focused on customer journeys. At the end of the day, we wanted to make it as simple as possible for somebody to find what they were looking for on our site, rather than this mass encyclopaedia of absolutely everything we’ve done over 50 years.

How long did it take to get to the website launch?

Software AG also had lots of disparate sites as well. We had the main site. We’d made acquisitions [and] some of them kept their own sites. Some products had several websites. We had to bring 15 disparate websites onto the new platform. We connected Adobe with our external agency, and everybody worked together. The audit was done in May 2019 and then the website was launched May 15 of this year.

Did COVID affect your brand messaging?

Never. We thought, if anything, we needed to have more of that language than ever before, because it still is the values of who we are. The audit helped us define the main characters and what products we should be focusing on so that people got what we did.

How did you educate employees?

If I could do this again, I’d bring the employees on the journey with you. Big lesson learned. Even now, we still need to educate people by doing a series of explainer videos. We’re going to do these short little videos just to make sure people understand and see the full picture. All of those things just help make them feel part of the process, because it’s easy for marketing to forget about the people that are your biggest champions, which are your employees.

What are signs the rebrand was successful?

There was a point where we were getting about 1,000 net new followers on LinkedIn a week. In 21 months, we had about 67,000 followers on LinkedIn. We crossed the 100,000 mark about a month ago, which is phenomenal. That pace was incredible. People were doing a double take. We walk into a bar now; we’re going to order a sensible but a nice cocktail. This is a brand now that fits our age and our stature. There was more engagement, more likes, more comments, people commenting more as well.

People started to notice us and that, for us, started to translate to more marketing qualified leads with all the other changes we made as well. We’re seeing better engagement of mobile users, up by 400% from the year before. More people are hanging around, sessions are improving, all the metrics are going in the right direction. We just need to build on that now and check whether the journeys are working, that we’re converting.

Feature Image Credit: iStock 

By Drew Neisser.

Sourced from AdAge

By Nicholas Morpus

The world today moves at a breakneck pace, so what worked for your brand one day might not work the next. A brand audit will give you the insights that you need to stay on top of your market demands.

hen Toyota created Scion, their brand position was to sell these cheaper and smaller vehicles to younger buyers. However, after a couple years into the brand’s lifespan, Toyota realized that their Scion vehicles were more sought after by older buyers despite the intentions of their marketing plan.

This was the perfect example for the need of a brand audit. Building a brand is difficult and will require many revisions as you learn more about your target audience. Obviously, you don’t want to needlessly spend money when it isn’t producing the results you were hoping for.

That’s just marketing 101. That’s why a brand audit will give you the opportunity to realign your branding and marketing tactics to where they’re most needed.

Overview: What is a brand audit?

Simply put, a brand audit is an in-depth look into your business’s current market position and effectiveness when juxtaposed against the competition. It is an evaluation of your efforts in the eyes of your audience for the purposes of pointing out shortcomings, inconsistencies, and gaps in your market strategy.

Should your small business perform a brand audit?

Yes. It doesn’t get any simpler than that. Even if your business is experiencing tons of success, there is always room for improvement. In fact, when you’re succeeding is a fantastic time to perform a brand analysis in order to ensure that you’re not getting comfortable while potential competitors are addressing new market demands.

If that hasn’t convinced you, here are three key benefits of performing a brand audit:

1. Discover flaws in your brand

A thorough brand audit is likely to turn up all sorts of inconsistencies and issues in market targeting that are affecting your sales, website conversions, page views, or any other metric of success you’re currently tracking.

At worst, your branding might be way off the mark, and at best, you’re only dealing with minor perception issues. Either way, a brand audit will bring these problems to your attention.

2. Pave the way for improvement

Once you understand a problem, it is much easier to contemplate a solution. Brand audits give you the opportunity to fix the issues that are dragging down the perception of your brand and provide you with honest feedback on what your target audience is looking for.

3. Provide insights for future development

Brand audits not only highlight pain points in your brand perception but also open the door for new ideas and developments in your business efforts. Perhaps the brand assessment will inspire a new product, service, or idea based on the feedback you received from your target audience.

How to perform a brand audit

Now that you understand the invaluable benefits of this process, here’s a simple five-step brand audit checklist to help walk you through the process.

Step 1: Conduct an audience survey

Starting out, this is where you’ll probably have to invest some money into auditing your brand. While some of the steps in this list require you to make some best-guess efforts to narrow your branding focus, an audience survey is the perfect way to get a direct insight into the mind of your market.

In order to net the best results, it’s best to hire an outside company to conduct market research for you.

Tips for conducting an audience survey

There is nothing more valuable in business than understanding your audience. Without these insights, you are running into the market blind and will inevitably waste tons of money and time. Here are a few tips for conducting an audience survey that’ll benefit your brand targeting efforts.

  • Know your target market: Surveys are only useful if they’re conducted on your target audience. If you’re looking to sell a product to customers in the United States between the ages of 22 and 45, then it does you no good to include Australian teenagers in the data pool.
  • Aim for a large sample group: Surveys are only useful when the group is large enough to eliminate the wide swinging results of potential outliers. Make sure your survey sample size is large enough to provide meaningful results.

Step 2: Audit your analytics

Google Analytics is an extremely powerful tool that you can use to understand your business website traffic once you know how to harness its full potential.

First off, your traffic analysis will give you an idea of which countries are most likely to visit your website, which sources are driving traffic to your website (Google searches, social media, etc.), and the quality of that traffic (are they converting?).

Tips for auditing your analytics

There are so many tips for using Google Analytics that I could write an entire guide on the subject. However, these are the two most important tips for getting the most out of your website marketing metrics while conducting a brand audit.

  • Take your bounce rate seriously: Sometimes it’s not your product or service but actually your website itself that’s causing the problem. Your bounce rate (the metric determined by those who visit your site and leave immediately) is affected by all kinds of factors. Make sure your page load times are quick, your landing pages are relevant, and your website content is compelling in order to combat high bounce rates.
  • The right market: Your website analytics will tell you where your traffic is coming from, including the geographic location of your traffic. If you’re seeing traffic spikes from countries you aren’t looking to market to, then there is obviously an issue you have to address. Traffic spikes are useless if it isn’t quality traffic from a source you hope to convert.

Step 3: Audit your social media

Not only is social media a godsend for small business marketing, it’s also treasure trove for consumer research. Performing a social media audit will give you an insight into not only your likes, shares, and referrals, but also audience insights such as age ranges and gender ratios.

This information will help you further narrow down where you should increase your efforts and where they are wasted.

If you’re interested in more information, you can read our detailed guide for auditing your social media accounts that’ll walk you through each step.

Tips for auditing your social media accounts

If this is your first time ever auditing your social media accounts, here are a few tips to help you smooth out the process.

  • Use an audit spreadsheet: Conducting a social media or brand audit isn’t a one-time deal, so it’s important to maintain a record of your progress. Here’s an audit spreadsheet template that’ll help you keep track of all of your social media marketing KPIs for comparisons during each regular audit session. This data will help you build out your future social media content calendar tailored to your audience insights.
  • Where to find the data: While it is possible to gather all of this information individually from each platform’s proprietary marketing analytics tools, for the sake of convenience, a social media management tool is perfect for tracking your metrics. In fact, some tools like Sprout Social or Hootsuite are capable of gathering data that Facebook or Twitter don’t usually track.

Step 4: Evaluate your competition

If your business is dealing with any direct competitors and you see them succeeding where you’re falling behind, it’s time to evaluate what they’re doing differently. The great thing about competition is that it not only incentives you to improve, but also opens the door to new ideas that you would’ve never thought of otherwise.

Tips for evaluating your competition

While you can hire a professional market intelligence expert to evaluate your competition, it’s entirely possible to learn quite a lot through some research of your own. Here are a couple tips to get you started.

  • Find the comparative advantage: Evaluate how your competition markets to their audience, how they treat their customers, what services they provide, and how their website functions. Try to find what they’re better at and make improvements based on those advantages.
  • Check their SEO: There are lots of analysis tools out there, like Brightedge, SEMRush, and Ahrefs, that analyze your competition for organic keywords. Use one of these tools to assess the SEO of your competitor’s website to see what keywords they are targeting and how to maximize your website content based on their actions.

Step 5: Make adjustments to your brand

Now that you understand all of the issues plaguing your brand, be it audience targeting, website function, customer service, or any combination of shortcomings, it’s time to take those lessons and make improvements.

But once you’ve made these improvements, your work isn’t over. It’s important for you to monitor these changes and take note of any fluctuations in business, web traffic, and customer response.

Tips for making adjustments

This step isn’t as simple as making the changes to your brand and forgetting them. Here are a couple tips for making the most of your efforts.

  • Consider running your potential changes through focus groups: You started off this process with consumer input, and it’s best to end it the same way. A focus group is the perfect way to get feedback on your changes and make the final tweaks before implementing your brand shift.
  • A/B test every change: Once you’ve made the adjustments, it’s important to A/B test all of your core metrics to see if there are any improvements to your business, website traffic, etc.

The Blueprint will help you get your branding and marketing on track

Success in business doesn’t begin and end with a comprehensive brand audit. There’s lots more you’ll have to do to ensure your marketing efforts are reaching the right audience, and we at The Blueprint want to help you supercharge your business.

By Nicholas Morpus

Sourced from the blueprint