One conflict we've
frequently seen in the disconnects between marketing (usually described*
as a "right brain" activity) and technology and finance (both
usually described* as "left brain" activities) is the debate over
market purchase motivators whether they're rational or emotional.
The fact is: both sides of the debate are right.
The key challengeand opportunityis
to find the convergence of motivators that creates unique value
for both the buyer and the seller. This convergence is unique, capturable
and defensible.
This convergence is where brand equity can
be created.
Brand equity is just a mental labor-saving tool to
encapsulate strategic positioning and store it in the mind.
*Incorrectly described,
though. Marketing, technology and finance are all "whole brain"
disciplines, with linear, quantitative activities in some areas and visionary,
creative activities in other areas.
Three important points about branding and strategic positioning are often
lost in the debate between the sides of these brains:
Specifics matter
It's always a multidimensional sale
Value always migrates over time
In the work of Revenue Strategy,
marketing is practiced as a technology: the engineering of
understanding and motivation in ways that build value through
scale and sustainability.
So, of particular value
is engineering the recipe that blends product, service and experience
value components and consciously migrates that value recipe
over time to capture and maintain capital asset value for the enterprise
itself.