Even at summer resort towns, we are hearing about much slower volume at the nation's restaurants. We see it in Boston and even more so here from our Washington, DC vantage point. Over the next several days, we'll post some advice we've provided to our clients that might be helpful to operators trying to get through the dog days of summer.
First is about authenticity. Hope it helps!
_____
Branding: Authenticity is key to long-term success
-Tom Kelley and Rick Wolf, Concept Group USA
We hear story after story about companies and organizations trying to reinvent themselves or wondering
why they have lost market share or stakeholder support. Often times they are so close to
the root challenge that they overlook it and try to advertise or promote their way out of
slumping sales. A better approach: look deep to examine and refine your true brand
essence and never loose sight of the essential emotional connection your brand must
make to each guest, customer or stakeholder.
Over the years we have accepted the challenge of assessing and developing strategies to
both launch and expand market share for operators and their suppliers in a multitude of
industries. There’s always been a common thread: be true to what made your brand
great and never loose sight of what makes you, your product, and your service authentic
and unique.
Often times, when business goes south, the immediate reaction is either to slash proactive
marketing expenditures or to try to advertise to regain market share. Neither works.
What does work is having all principals and operations folks look back to what drove
business when expansion was taking place. What products built the company? What
did the brand stand for? How was it conceived? What made guests and customers come
back?
With increased competition comes a desire or tendency to “act like the Jones’s,” rather
than keeping the focus on a unique and authentic brand story. Long-term success, we
have found and suggest, is found in remaining steadfast in delivery of a product that is
beyond anyone’s duplication. Good managers, in any type of business or organization,
will realize the need, every couple of years, to take an objective and impartial view of
what message their brand is sending – both by operational execution as well as through
visual merchandising in all form of external outreach.
Our advice to operators in today’s ultra-competitive environment: examine and refine
your core brand. You may too close to daily operations to see how your original focus
has morphed into something that is truly “not you.” Don’t be afraid to call in expert
help to look at all that you are doing, internally and externally, to see if you are truly
showcasing your authentic core message. Whatever you do, don’t wait until it’s too late
or spend thousands on unfocused advertising dollars.
When you stand back and get assistance in taking a hard look at what truly put you on the
map to begin with, you’ll realize that same core brand message and product can take you
to new heights as well. Just realize that as you examine your brand and your operations,
you need to always seek to build emotional connections with your guests, customers and
stakeholders.
Great brands aren’t reinvented, just are continually improved and reinforced. When’s
the last time you really took a hard look at how true your operations are to your brand
promise? Now would be a good time!
_________________________
Tom Kelley is Managing Partner and Rick Wolf is an Allied Partner at Concept Group USA (www.conceptgroupusa.com), a strategic brand consulting firm in Washington, DC, New England and Canada. The firm specializes in examining, refining and expanding brands and operations for small and large businesses, trade associations, and non profit organizations.