Unlocking Remarkable Brands | Crafting Your Authentic Identity with Mike Jones [PART 1]
Aug 21, 2023
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Mike Jones, a branding expert, explores why a brand is important, even for small firms, and defines what exactly a brand is. He highlights the challenges of differentiating a professional services firm's brand, the importance of credibility and storytelling, and the significance of uncovering an organization's unique qualities. He also discusses the evolving concept of authenticity and the need for deep work to uncover core business beliefs.
Professional services firms need to recognize the importance of building a relationship with their entire brand, not just individual relationships with clients.
To differentiate from competitors, professional services firms should uncover their unique DNA, maintain consistency in messaging and visuals, and balance self-expression with audience expectations.
Deep dives
The Importance of Branding for Professional Services
In this podcast episode, Mike Jones, a branding expert, discusses the challenge faced by professional services firms that rely heavily on individual relationships to drive business. As these firms scale, it becomes essential to recognize the importance of the brand as a whole in building client relationships. Jones emphasizes that while personal relationships are crucial, clients must also build a relationship with the entire firm and its brand. Large firms especially benefit from the diverse expertise and specialties that the brand represents. However, differentiating the firm's brand from competitors can be a challenge.
The Disconnect Between Marketing and Branding
Jones points out that many professional services firms tend to focus solely on individual relationships, neglecting the purpose and potential of branding. He explains that marketing often gets trapped in the late stage of the business development process, resulting in a lack of emphasis on the brand. Jones argues that marketing should be more than just a sales enablement piece, and professional services firms need to recognize the value of a brand that goes beyond an individual, building trust and credibility with clients.
Uncovering the Authentic DNA of a Firm
Jones highlights the need for professional services firms to uncover their unique and authentic DNA. By asking deep and fundamental questions about the firm's beliefs, values, culture, and expertise, they can discover what sets them apart from competitors and build a strong brand. He stresses the importance of consistency in messaging and visuals, as well as the need for creativity to make the brand memorable and impactful. Jones encourages organizations to mine their existing DNA and plate it across the entire organization to establish trust and deliver value to clients.
Balancing Identity, Expression, and Audience Expectations
Reflecting on the challenge of balancing self-expression with audience expectations, Jones explains that a brand should be tethered enough to look familiar and identifiable within the industry. While it is crucial for professional services firms to differentiate themselves, they also need to find common ground to connect with their target audience. Jones suggests that a firm's identity should be tailored to serve clients in a unique and valuable way, making them stand out without alienating their audience.
Since Episode 32 we've been focusing our attention on storytelling, and even looking outside our organization for clarity on who we are, now it's time to focus inward and turn our attention to the other half of brand storytelling, the brand. Once again, I wanted to introduce you to an expert in this arena, Mike Jones.
Mike works directly with accounting firms and other professional services businesses to unlock their remarkable brands through his award-winning branding agency, Resound - established in 2009. So if anyone can help us learn about brand, it's him.