S04.EP11 - How to Build Big Brands on Small Budgets with Ian Barnard
Aug 3, 2023
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Marketing strategist Ian Bernard shares insights on building big brands on small budgets, including the 4Cs of positioning and creating future demand. He discusses common advertising mistakes, the 2-4-5 framework for full-funnel advertising, digital marketing mistakes, and strategies for top-of-mind positioning. The podcast also emphasizes the importance of brand marketing vs. performance marketing, creating a benefit ladder, the role of context in brand building, building awareness on a small budget, and the need for differentiation as a small brand.
The Two, Four, Five framework for brand marketing divides a campaign into a fame builder, short stories, and calls to action, allowing for a mix of brand and performance marketing.
Building future demand through brand marketing is crucial for reaching the larger portion of the market who are not actively shopping, ensuring a constant source of new customers and higher profitability over time.
Deep dives
The Two, Four, Five Framework for Brand Marketing
The podcast episode discussed the Two, Four, Five framework for brand marketing. According to this framework, a brand campaign can be divided into three parts: the fame builder, short stories, and calls to action. The fame builder is a 30 to 60-second video that aims to build awareness and get stuck in people's heads. It focuses on being interesting, unique, or funny. This video can then be cut down into 15-second short stories, which highlight specific features or include a call to action. Finally, the short stories can be further cut down into GIFs or single image ads with clear calls to action. This framework allows for a mix of brand and performance marketing, ensuring both broader reach and targeted conversions.
The Importance of Building Future Demand
The podcast emphasized the importance of building future demand through brand marketing. Performance marketing is effective in reaching the small percentage of customers who are actively shopping for a product. However, brand marketing is crucial in reaching the larger portion of the market who are not currently in the market. By focusing on brand marketing, companies can build a pipeline of future customers who will consider their products or services when they are ready to make a purchase. This long-term approach to brand marketing ensures a constant source of new customers and higher profitability over time.
Scaling with the 2-4-5 Framework
The podcast introduced the 2-4-5 framework as a way to scale brand marketing efforts. This framework suggests using one video asset to create a full-funnel marketing campaign. The fame builder, a 30 to 60-second video, is created to build awareness and get stuck in people's heads. This video is then cut down into shorter videos called short stories, which can include calls to action or highlight specific features. Finally, the short stories can be further cut down into GIFs or single image ads with clear calls to action. By leveraging this framework, brands can reach a wider audience and retarget individuals at different stages of the buyer's journey.
Differentiate for Success
The podcast emphasized the importance of differentiation for small brands to compete with larger market leaders. Copying the strategies and styles of big players is not effective or sustainable. To stand out, smaller brands must strive to be distinct and different. They need to create a brand positioning that sets them apart and tells a larger story that resonates with their target audience. This can be achieved by focusing on emotions, storytelling, and being entertaining or surprising in their marketing efforts. By being unique and capturing attention, small brands can make a lasting impression and establish a strong brand presence.
Join us as we sit down with marketing strategist, Ian Barnard, and delve into the world of brand performance and its distinction from performance marketing, exploring the positioning process (4Cs) and the significance of creating future demand.
Ian shares valuable insights on how small brands can grow when competing against larger market leaders and highlights the most common advertising mistakes made by small brands.
Tune in to learn how brand marketing can facilitate profitable scaling and discover the 2-4-5 framework for effective full-funnel advertising.
We also discuss digital marketing mistakes that damage brands and uncover strategies for positioning brands to become the top-of-mind choice.
Don’t miss this insightful conversation that will level up your brand & marketing expertise, no matter your level.
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