The Blake Project, the brand consultancy behind Branding Strategy Insider, delivers interactive brand education workshops and keynote speeches designed to align marketers on essential concepts in brand management and empower them to release the full potential of the brands they manage.
Brand Marketing Planning
by Brad VanAuken The Blake ProjectIn the course of working with a variety of clients in developing brand marketing plans, I have witnessed a wide variety of abilities and levels of rigor regarding brand marketing planning.
To maximize the likelihood of success, brand marketing planning should include the following:
• A consistent understanding and articulation of the brand’s unique value proposition
o Including a discussion of any differentiating benefits that are becoming ‘cost-of-entry’ or ‘parity’ benefits
• Clarity on the primary, secondary and tertiary target markets
o Described in enough detail for media targeting and appropriate messaging
• The plan should be research-based
o Knowledge gaps should be identified
• The plan could also gain its insights from the field sales organization and other outward looking employees and business partners
• A thorough analysis of the marketplace in which the brand operates, including its competitive environment
• An analysis of any trends that could help or hurt the brand
o Including anticipating possible market disruptions due to new competitors, new technologies, new laws, new category definitions/formats, etc.
• A full brand SWOT (strengths, weaknesses, opportunities and threats) analysis
• Marketing objectives organized by target market
• Possible objectives for each of the following customer brand insistence drivers (as appropriate)
o Increasing brand awareness
o Increasing the brand’s relevant differentiation
• This may require a brand repositioning project
o Increasing the brand’s perceived value
o Increasing the brand’s perceived convenience/accessibility
o Increasing customers’ emotional connection to the brand
• Clarity on how one intends to increase brand revenues and profitability
o For instance, by increasing awareness, preference, trial, usage, loyalty or some other component
o And for which market segments
• The strategies and tactics necessary to support each objective
• The investment required for each tactic and the incremental revenue or profit expected from the tactic
• Responsibility and time-line assignments for each tactic
• Brand planning should be linked to business planning to insure appropriate contribution to organizational objectives and adequate funding and resource allocation to achieve the plan
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Brand Marketing Planning
To maximize the likelihood of success, brand marketing planning should include the following…