Sell Your Brand! Checking Sells Itself. Animation!

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Sell Your Brand! Checking Sells Itself

Transcript of Sell Your Brand! Checking Sells Itself. Animation!

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Sell Your Brand!Checking Sells Itself

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Animation!

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If you want to see—don’t look!

• Sept 11, 1969• March 7, 1970• July 10, 1972• February 26, 1979

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“Love is blindness”

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Wrestling with the Big 3!

• Sales• Brand • Strategy

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The Essential Paradox

Relationship Sales

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• Old School Brand = "name, term, design, symbol, or any other feature that identifies one seller's product from those of others"

• Forward-thinkingBrand = The sum of an individuals thoughts and feelings about your credit union.

Definition of Brand

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• Brand = Thoughts + Feelings

Consumer Perspective

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• What inspires memorable thoughts and feelings about your credit union?

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#1 Challenge for commodity businesses?

•Differentiation

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That means…

•Be different

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Strategy?

• Choosing to perform activities differently than your rivals.– Michael Porter

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Who manages “brand” at your credit union?

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•How do we sell brand?

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Les Schwab Tires

• It all began in 1952, in a little western town called Prineville, Oregon, where an enterprising young man named Les Schwab started out with one small tire store. From the get-go, he recognized that anybody can sell tires: it was earning customer trust that takes more.

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Doing the Right Thing Since 1952®

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Les Schwab Tires

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Sell Your Brand—The airline industry!

• How one airline sells its brand and creates lasting value

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Customer Satisfaction Score

JetBlue 79

Southwest 78

Delta 71

Alaska 70 (tie)

Frontier 70 (tie)

Virgin America 70 (tie)

American 66

United 60

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Fewest Canceled Flights

Delta  0.11% Canceled

Alaska 0.13% Canceled

Virgin America 0.18% Canceled

Frontier 0.63% Canceled

Southwest 0.75% Canceled

United 1.31% Canceled

American 2.33% Canceled

JetBlue 2.42% Canceled

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On Time Arrivals

Alaska 89.67% On-Time

Delta 84.41% On-Time

Virgin America 81.77% On-Time

American 79.10% On-Time

JetBlue 77.32% On-Time

United 76.39% On-Time

Frontier 73.42% On-Time

Southwest 72.68% On-Time

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Fewest Mishandled Bags

Virgin America  1.04 Mishandled

Frontier 1.65 Mishandled

JetBlue 1.79 Mishandled

Delta 1.93 Mishandled

Alaska 2.42 Mishandled

United 3.37 Mishandled

American 3.73 Mishandled

Southwest 3.89 Mishandled

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Amount of Denied Boardings

JetBlue 3.58 Denied

Virgin America 17.13 Denied

Alaska 56.56 Denied

American 73.58 Denied

Delta 74.06 Denied

Frontier 119.07 Denied

Southwest 135.96 Denied

United 245.61 Denied

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Top Overall Performance, Airfarewatchdog.comTime Magazine, Aug 8, 2014

Delta 1st Place

Virgin America  2nd Place

Alaska 3rd Place

JetBlue 4th Place

Frontier 5th Place

Southwest 6th Place

American 7th Place

United 8th Place

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Customer Satisfaction Score

JetBlue 79

Southwest 78

Delta 71

Alaska 70 (tie)

Frontier 70 (tie)

Virgin America 70 (tie)

American 66

United 60

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On-line comments…

• I fly Southwest almost exclusively…mostly because of the attitude of their employees. Most of them seem to genuinely like their jobs and that translates to a welcoming attitude to their customers. Yes, they miss their schedule sometimes, but on what other airline will you see the pilot/co-pilot wheel a chair-bound passenger onto the plane with a smile on their face?

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Southwest Airlines

• “We operate with a Warrior Spirit, a Servant’s Heart and a FUN-Luving attitude.”– “…dedicated to the highest quality Customer

Service delivered with a sense of warmth, friendliness, individual pride, and Company Spirit.”

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Southwest Airlines’ Animating Principle

• Fun-loving attitude!

• The actions and behaviors that exemplify a “fun-loving” attitude are what we remember

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Strategically, where should we land?

Relationship Sales

Your Credit Union ///// Big Banks

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Sell Your Brand

• Products sell themselves• Build a compelling strategy• Be different

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Sell You Brand!

• Attend Marketing Innovators—Saturday 9:00am