#5 Branding for Differentiation and Competitive Advantage
The Agile Brand with Greg Kihlström®: Expert Mode Marketing Technology, AI, & CX
The Agile Brand
4.9 • 113 Ratings
🗓️ 12 March 2019
⏱️ 4 minutes
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| 0:00.0 | Hi, this is Greg. Look for my book The Agile Brand on Amazon or on my website at the |
| 0:05.4 | agile. World. |
| 0:09.1 | Welcome back to the Agile World Podcast. Over the next couple of episodes I'm going to talk about why we brand. |
| 0:15.0 | In my book The Agile Brand I talk about four different purposes of branding. |
| 0:20.0 | First it's differentiation and competitive advantage. |
| 0:24.0 | Second, value creation for the organization. |
| 0:27.7 | Third, expectation setting for customers. |
| 0:31.0 | And finally, attracting the right employees. |
| 0:34.0 | In this episode I'm going to talk about the first topic, differentiation. |
| 0:38.0 | The most obvious and visible reason for a unique brand is to differentiate yourself from your competitors. |
| 0:43.0 | When you're driving down the highway and you see a McDonald's sign, you clearly |
| 0:47.2 | know if you've ever been there before what you're going to get. You have clear |
| 0:51.6 | expectations of the menu of the level of service, the price, all of those types of things. |
| 0:58.0 | Against a sea of logos, it becomes very easy to pick and choose amongst those things based on a clear |
| 1:07.4 | and graphic representation. As I mentioned a few episodes ago, while that graphic representation goes a long way, there has to be a lot more to it. |
| 1:18.0 | As I mentioned, it's not just about recognizing something, it's about having the expectation of what am I going to get when I get there. |
| 1:25.0 | So it's so important as I use the McDonald's example that that brand has a clear set of expectations. |
| 1:32.0 | I know when I'm going there it's not going to be a |
| 1:35.4 | five-star meal but I know it's going to be quick. I know it's going to be cheap and I |
| 1:40.2 | know about the level the time it's going to take to order from ordering the food to getting the food all of those types of things. |
| 1:48.0 | If those characteristics meet what I want, McDonald's has been successful. The challenge becomes when there is a Burger King right next to it or when when there's a little differentiation between some of those brands. So it becomes even more and more |
| 2:05.1 | important that you clearly articulate, okay this is why you choose us. We may be |
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