We think, therefore, we are. What do you think?

Archive for June, 2009

Jun 15th, 2009 by Siegel Gale

The Harry Truman Way To Success

Straightforward speaking and writing inspires trust and builds client relationships

President Harry S. Truman, known for his plain speaking, could teach a thing or two to today’s financial advisers.

A survey of 1,200 investors by New York-based branding firm Siegel+Gale found that 66% believed that financial institutions intentionally made information complex to hide something. The use of clear, jargon-free language would engender trust, 84% of those surveyed said. Click here to read the full article.

Add Comment.

Permalink

Jun 11th, 2009 by Larry Vincent

A Strategy Expert on the Future of Newspapers

“I doubt that bloggers will completely satisfy the demand for objective reporting.”

With the future of newspapers in debate, TheWrap decided to see what some of the terms of actual discussion should be. In that vein, we spoke to Laurence Vincent, Group Director, Strategy, for Siegel+Gale at the branding company’s L.A. office. Vincent, the author of “Legendary Brands,” has crafted strategies for Microsoft, MasterCard, the Walt Disney Company and the NFL, among others.

Let’s cut to the chase — can the newspaper industry be saved?
There was a time when I would have answered, “Yes, unequivocally.” But that opinion is driven by legacy readers like me who have an affinity for the product experience. The product experience is changing for new generations of readers. Click here to read the full article.

Add Comment.

Permalink

Jun 9th, 2009 by Eric Lin

Think Before You Tweet

Is our brand on Twitter?

If you haven’t been asked that question by your company’s CEO yet, here’s betting that you soon will. For those unfamiliar, Twitter is a popular “micro-blogging” service that has captured the excitement of everyone from Oprah and Richard Branson to your next door neighbor. On the surface, Twitter is a seemingly less sophisticated version of other social networks like Facebook or MySpace. Users post short messages (up to 140 characters in length) and track updates from their list of contacts all in a single-page interface. Yet while Facebook is a closed, permission-based platform that requires you to personally know the people you add to your contact list, Twitter is deliberately open. The degree of access enabled by this freeform environment, coupled with the transparency and immediacy of a short “tweet,” ushers in a fascinating new chapter in the story of how social media is changing the way people connect to one another. The result is a rapidly growing phenomenon where everyday people are adding, following and interacting with authors, activists, celebrities, business leaders, and increasingly,
companies and brands.

(more…)

Add Comment.

Permalink

Jun 8th, 2009 by Siegel Gale

Siegel+Gale Bolsters European Capabilities; Appoints Piers Guilar as Head of Strategy

LONDON, UK – June 8, 2009 – Global strategic branding firm Siegel+Gale has extended its strategic capabilities in Europe with the appointment of Piers Guilar as Director of Strategy in its London office.

Mr. Guilar, who joins Siegel+Gale from FutureBrand in London, will be responsible for leading all brand strategy project work in Europe and developing the office as Siegel+Gale continues to expand its presence in the market.

(more…)

Add Comment.

Permalink

Jun 4th, 2009 by Siegel Gale

Can Bands and Brands Make Beautiful Music Together?

I have been lucky.

Over the course of the last couple of decades, I have seen a lot of great bands: The Ramones, The Allman Brothers, Dispatch, REM, The Stones, numerous Dead Shows, Eric Clapton, The Who, Dire Straits, Keb Mo, The Police, Elvis Costello, CSNY and many, many more. Like most people – I love music, I play music, and I need music in my life. But society’s relationship with music is mutating due to a confluence of changing consumer trends and technologies, where the implications on branding are both unprecedented, but not entirely unexpected.

Gone are the days when big record labels call all the shots, while arcane, analog channels of distribution reign without challenge. Further, unlike in decades past, today’s consumers now tolerate, and even embrace, a degree of consumerism as part of their music offering, which once would have been verboten. To be sure, the idea of “selling out” was long a stigma associated with any band even remotely connected with promoting a product or being seen as too cozy with the capitalist machine. But this is no longer the case, and brands are now seen by many bands as an essential partner in the ultimate delivery of their “product” to the consumer.

Net net, these events have all conspired to push the music industry (sometimes kicking and screaming), down a Darwinian pathway steeped with uncertainty, but also great opportunity - and in doing so has created a unique aperture for brands and bands to work together as never before. Here, the three primary agents in the industry (artists, record labels and promoters), are all looking to gain an upper hand in the marketplace, while at the same time not entirely alienating each other. It is a symbiosis of sorts, with an interrelationship that is interesting to watch on a lot of levels and begs the question – who needs who?

The simple answer is that brands and bands need each other more than they know. First, in a multi-platform ecosystem, both brands and bands need to develop strategies to break through the clutter and develop a lasting relationship with their core target audiences. For bands, being associated with a certain brand that is aligned with its desired attributes, can provide more visibility and reach than they could ever potentially expect going solo. For brands, being associated with a band (or even a specific music genre) can provide greater definition to their core audiences and prospects as to what the brand stands for while potentially providing greater opportunities for audience engagement.

A fantastic example of brand and band fusion is the partnership between Starwood Hotels (parent of the W, Westin, St. Regis and Le Meridien) and Sony BMG, in 2008. Here, the two companies came together to create custom playlists from Sony BMG’s vast music libraries that would be played exclusively in certain Starwood chains and properties. This fundamental integration of music tailored to the unique brand experience of each hotel’s room guests provided Starwood another means of enriching its relationship with its customers, while also uniquely differentiating its brand experience across its properties, and from that of its competitors. On the flip side, the partnership allowed Sony BMG to align itself with various Starwood brands at previously inaccessible customer touchpoints, and at the same time, use the relationship to form an entirely new channel of distribution for their expansive music assets.

In the end, the relationship between brand and bands will continue to be forged by economic and strategic necessity, and predicated on the desire of both entities to capture the attention and loyalties of their shared, hard-to-reach and fragmented audiences in a truly harmonious way.

Add Comment.

Permalink