​The long and short of brand storytelling

We live in the age of the listicle—short, consumable bits of information served up through our apps. In that context, how do marketers build an enduring brand narrative?

There is no one answer, and there are many brands out there succeeding in unique ways. But there are sound guiding principles that can set you up for success—presented in easy list format:

  1. Develop an authentic yet aspirational brand platform
  1. Make sure all campaigns ladder up to that unifying platform
  1. Maintain a consistent brand voice in all communications
  1. Tailor by audience and/or channel without losing your brand essence

Sounds simple, right? Not exactly.

Digging a little deeper, your brand platform should be centered on a big, universal idea that captures who you are now (authentic) while giving you room to grow in the future (aspirational.) It should be brought to life through a messaging framework that considers who your target audiences are and what they are particularly interested in. For those executing your marketing, a key part of this platform and framework is a defined brand personality which translates into tone-of-voice guidelines. And while your platform should be evergreen—barring a rebrand—your messaging framework can and should be a living thing. As audience concerns and interests shift, you need to continue showing how your unique value meets their needs in ways other cannot.

If properly executed, this gives you a flexible toolbox of brand elements to work with. And this is where short(er) lived campaigns come in—they allow you to focus in on a single idea or theme at a time that resonates with audiences in a unique way. With intelligent oversight, these campaigns can combine to create a narrative arc that reinforces both your brand platform and the lived experiences customers have with your brand.

Nike offers an excellent example of these principles in practice. For more than 50 years, the brand has stayed true to itself while remaining relevant and interesting to audiences.

While the company was founded in 1964, we’ll begin our history in 1971 with the adoption of the Nike, Inc. name. From day one, the founders knew what this brand was about: athleticism and empowerment. The name itself comes from the Greek goddess of victory, nicely encapsulating the underlying brand premise.

In 1977 Nike ran its first brand ad campaign, “There is no finish line.” The campaign notably featured no products. A 1988 campaign brought us the famous slogan, “Just Do It”—probably one of the most-well know and, yes, enduring brand slogans of our day. In more recent times, the summer 2024 campaign, “Winning Isn’t for Everyone” featured “a collective of the world’s greatest athletes, all motivated by victory.” Across these various campaigns, Nike has featured inspirational headlines and copy such as:

  • “Beating yourself is a never-ending commitment.”
  • “Do things history could only dream of.”
  • “It’s only a crazy dream until you do it.”
  • “You can’t raise the bar without raising a little hell.”

Nike runs two types of ad campaigns: brand campaigns like those listed above and product campaigns. While product campaigns of course focus in on a product, usually shoes, brand campaigns consistently choose to feature athletes only—a way of not-so-subtly telling customers, we exist for you. In fact, Nike’s current homepage animation makes this subtext into text, reading, “We serve kids/​pros/​dreamers/​women/​teams/​coaches/​men/​beginners/​girls/​rebels/​athletes*
*If you have a body, you are an athlete

Overall, Nike consistently excels at creating brand communications that both work as a single touchpoint and help build a clear, enduring brand narrative. It is no wonder Nike is considered one of today’s most valuable brands.

The cost of rebranding

Whether to rebrand is not a decision to be made lightly.  Factors such as if your brand is setting you up for success, how much equity your brand has and if you have permission from target audiences to change all come into play. But one element that often gets overlooked are the real, tangible costs associated with introducing and maintaining a new brand. For a new company, these are simply the cost of doing business. In the case of a rebrand, however, you need to consider whether you can fully support a new brand. If not, now may not be the time for a big change.

Costs can generally be grouped into one of four categories:

  1. Creation: cost to create a brand platform, name and logo
  1. Protection: cost to file and maintain the trademark(s)
  1. Promotion: cost to build awareness and engagement with target audiences
  1. Governance: cost of ongoing, required brand management

Creation: Cost to create a brand platform, name and logo

Even the largest companies with the deepest marketing and creative benches frequently look to outside help—namely, branding agencies—when the need for a new brand arises. Once engaged, diligent agencies will follow a tried-and-tested process to take you from your starting point to a solid brand foundation.

A typical creation process begins with a robust discovery phase that may include qualitative research alone or, if budgets allow, quantitative research and social listening. The next step is a strategy phase, to develop a brand platform that can anchor all creative development and communications.

Next comes creative development, the process of generating and clearing names, including knockout IP searches, developing logo options and look-and-feel designs, and wrapping all that up in usage guidelines.

At this point, some also choose to conduct validation research, to test concepts with target audiences and refine as needed before fully launching the brand.

Protection: Cost to file and maintain the trademark(s)

If a company is fortunate enough to have a legal department capable of trademark clearance and registration, out-of-pocket costs may be kept to filing fees. If not, you are also looking at consultative legal fees. As for those filing fees, there are application fees for each trademark, name and/or logo, for a single class of goods in either the US only or internationally through the Madrid Protocol. Those costs can increase, sometimes significantly, if you are:

  • Filing in multiple classes
  • Filing in multiple countries (called “contracting parties”)
  • Not actually using the brand commercially yet (filing on an “intent-to-use basis”)
  • Missing requirements in your application  

Maintaining these trademarks brings another set of fees. In the US, every ten years you must file to show you are using the brand commercially (or explain why you are excused from doing so) as well as to renew your trademark. Similar filings are also required under the Madrid Protocol. And if, after five years of use, you want to claim “incontestable rights,” that involves another fee.

Promotion: cost to build awareness and engagement with target audiences

Promotion is, without a doubt, the costliest part of the equation. It is also where companies have the most discretion as to where, and how much, to spend. However, insufficient investment can cause a brand to wither on the vine.

When launching a new brand, there are both the implementation and launch costs as well as the year-over-year marketing spend to consider. As a point of reference, the average annual marketing budget is 9.2% of revenue according to the Fall 2023 CMO Survey

After the basic building blocks—brand platform, name, logo, look-and-feel—have been developed, usually the next step is to create a library of templates and marketing assets—such as PowerPoint presentations, brochures, product sheets, email templates, etc.

Next comes launch planning—essentially introducing your new brand and what it stands for to internal and external audiences.

You will likely also need either a new or redesigned website for your brand. Most brands only have a “brochure” site, but consumer-facing brands may also need an e-commerce component. A website may also require one-time search-engine optimization (SEO) keyword research as well as ongoing costs for hosting and maintenance, SEO monitoring and optimization and search-engine marketing (SEM).

You also may want to develop a content marketing strategy. This is all about delivering the right messages to the right audiences, in the right place, at the right time. SEM would likely be factored into this plan, creating a slight overlap in budgets. This content market strategy is in turn implemented through things like advertising, PR, thought leadership and other marketing activities appropriate for your brand.

Finally, you may choose to develop a suite of data science tools to aid marketing decision-making. Common tools include predictive/prescriptive modeling, NLP/text analytics and advanced forecasting.

Governance: cost of ongoing, required brand management

There are two aspects to governance: internal management, to ensure the materials you produce are using the brand properly, and external management, to ensure others are neither misusing nor infringing on your trademark.

Internal enforcement usually starts with an ounce of prevention in the form of employee engagement training. Often, a portion of this training is specifically targeted to a group of brand ambassadors who can help champion the brand internally and answer questions that arise. Larger, multi-office organizations frequently also opt for a brand center, a digital repository of guidelines or standards, training and assets. A brand center also requires ongoing hosting and maintenance—which can likely be bundled with website hosting and maintenance for cost savings. Brand training and brand centers are particularly helpful if you have any external partners who create content or materials for you.

For external management, some turn to active trademark monitoring. There are a variety of software and service options available, and prices vary based on how frequently you check, how in-depth the check is and how much analysis is provided.  The second part of external management that can incur costs is legal action for trademark protection. Costs can again vary widely based on what action is required, from filing a Letter of Protest with the USPTO to trying a lawsuit. One important factor to keep in mind: if you do not take action against trademark infringement, it can damage your ability to maintain that trademark.

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As all of these costs make clear, the decision to rebrand is a large commitment. If there is a strong enough business case though, you may decide it is the right move for you.

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