Everyone is pretty familiar with the seven deadly sins -- lust, gluttony, greed, sloth, wrath, envy and pride. As a marketer, I would argue that there are seven even more deadly sins when it comes to brand asset management.
Consistency, compliance, collaboration, connection, communication, control and cost -- all innocent words in and of themselves, but if you break down any of these “sins” collectively, they are powerful enough to destroy your hard-earned brand reputation. Let's go into each of them in more detail:
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The key to avoiding these seven deadly sins is to effectively connect disparate marketing users and creative partners, and streamline processes between them. This ensures that your brand assets are used consistently and compliantly in marketing and communication campaigns.
Building a brand involves investing in and ensuring its integrity. Being able to manage your brand effectively is an integral part of that investment, which includes protecting your brand while being able to be leverage it in the right place at the right time, with the right message. This means that brand managers must be able to deliver consistent messages across multiple touchpoints -- from asset management, brand guidelines, creative workflow, project approvals, and campaign management to resource management.
Successful brand management involves creating a brand community -- building teams with the people involved in creating the assets, those responsible for approving them, and those whose job it is to promote the brand across multiple channels and regions. A central resource for all approved assets that encourage user adoption through collaborative tools will enable users to perform tasks such as submit project requests, coordinate internal and external project teams, assemble project and content files, request approvals for assets being used, centralize project discussions and enable feedback mechanisms, track and manage version controls, and produce project ROI reports.
Teams need to be able to share assets among users in order to provide control and transparency and auditable visibility into who is using your brand assets, as well as how and where they are being used. There should also be a means of providing usage rights information, with automated expiration dates, to ensure compliance across all teams. Once processes are streamlined and marketing users feel more connected and engaged, the brand community is empowered to create assets within the community at a local level -- and ultimately, promote adoption at a global level.
Implementing brand asset management solutions to avoid these deadly sins altogether can bring a marketer and the brand to a happy conclusion where both the marketer and the company are rewarded with a strong brand identity that strongly promotes the company's vision and goals.
On the cost topic, suggest "doing more with less" can certainly have a negative effect on perceived brand quality. There are limits to what can be done with a given amount of resources. Under-spending is a rather certain route to failure.
A second aspect of brand destruction around money involves only focusing on profits to benefit stockholders and upper management...growth for growth's sake. Brand reputations eventually implode when companies only interested in profits and getting bigger rather than taking care of their employees and customers. A brand can be highly profitable at a certain size. Squeezing ever more profit out of a business to the detriment of a brand's value is a dead end. Few companies seem to get this because they're run by Wall Street's profit expectations.
I agree. Companies that have invested their time and money into their brand have benefited with stronger brand loyalty.
Thanks for the post Eric.
We help our customers address these sins everyday at Brandfolder. www.brandfolder.com
Brandfolder is your convenient source to visually organize, quickly find and easily share all your final brand assets.