Section 2
Here is the next section geeks. It's ideal to do this section with your staff. If your a mobile therapist and work on your own, then get some friends or family to help you out. Of course you can do this on your own too! As always any questions just ask!
Your Market
Sometimes we need to take a breather, to step back and have a look at the opportunities that are present to us all. We can get too involved in the day to day tasks that often we can become blind to the bigger issues and opportunities. I hope that the preparation section will have given you a chance to start thinking from a fresher perspective. Now we want to have a look at what is around us, the industry that we operate in and lay it all out in front of us so we can develop brand values (you will create superb values from this) and take advantage of those opportunities present.
Here are 5 tasks to do exactly that
:
1. What is our central challenge?
What we want to do here is identify that 'big fish', that central challenge that will eat us if we don't eat it first. identify the following:
1. The key competitive issue
2. The key consumer issue
3. The key internal issue
Next, as a group choose one that everyone agrees is the primary challenge. This is the goal, this is your direction, write it up so everyone can see and eat it before it eats you! (Keep this in mind as we go on).
2. Rules of our industry
What do we think of when we think of the beauty industry? When we think of a salon, a mobile therapist or nail technician? What we do is we build up a series of rules, common practices or culture, that are the 'norm' or just expected of the industry. Think of an 'industry' rule and as a group think of a compelling reason why this rule is no longer valid. Challenge the rule and write down your reasoning next to it.
After you have completed this do the exact same for your brand. Think of the rules of your brand and why these are no longer accurate. The list below can aid you:
How you define yourself within the industry
The definition of your target market
The key brand equities (whats unique to your brand)
Brand promise
promotional/advertising equities (unique marketing activities exclusive to your brand)
3. Truths
If you think of the vacuum cleaning industry, it was always perceived as a low-status, solitary activity. It seems we were wrong! Dyson came in with a superior product and wrapped it within a beautiful design. We can learn from this. Write down two 'truths' about the way our industry has perceived and presented itself up to now and write down how these are no longer true. Do the same for your brand. Discuss with each other, open up the thinking!
4. Opposites
Take a sheet of paper and draw a line down the middle. Identify and think of the market leader (this could be a local/national chain salon, mobile therapist, that you believe has the largest share of your market). On the left hand side write down 10 key qualities of the market leader: its personality, its style of service, what it emphasises, how it uses media and so on. On the right hand side write down what it would mean to do the opposite or to be very different on each of these dimensions for us as a brand. Remember this is not a blueprint for our brand, rather discussing how differentiating is possible.
Next get another sheet and again write down the market leader qualities on the left hand side. Now discuss which areas you need to be on the same level as the market leader to directly compete, and which areas you need to be different or significantly better. Know where you need to be different and where you need to be the same.
5. Copy Cat
When we look at other companies out with our industry, we can learn a lot. There is no need to re-invent the wheel so to speak. If we 'borrow' features from brands outwith our industry, then we wont be seen as an 'imitation brand', as these concepts will be new to our industry.
Pick a few 'challenger brands' (exciting brands that do differently and passionately) write down their characteristics, how they broke their market and place them within the beauty industry. What would it mean if they brought their unique features to the beauty industry? What would it be like if we adopted these features? how would we act? Why would we champion this? What would be the underlying belief or cause about why it is important, one that would unite the community for us and perhaps even go against the market leader? Discuss and see what you come up with.
Thats all folks....for now anyway. I will post up the brand values section soon. We will be well on our way in developing brand values that can open new doors for our business and most importantly...market effectively