Brand Utility to Create Secondary Product Offerings
Wednesday, January 5th, 2011Recently I made a list of dream clients and partners. I won’t share the list at this point (I may), but it’s filled with people and companies that I admire, have an idea for or respect the hell out of.
As I took a closer look at this list this morning it dawned on me that a few of these companies are masters of brand utility. There are a number of examples — and I’ll share a few – but let me get my optinions out of the way first:
- In these (digital) days brands have to accept the fact that they need to constantly explore new offerings, secondary products and complementary services — even if it doesn’t offer an immediate profit — to compete.
- All brands should have a way to share their “lifestyle” to their audience; this could be a blog, twitter, or print.
Two of the companies I really admire are Ace Hotel and Monocle. Both do an excellent job of brand utility by co-branding products, rethinking “traditional” business models and creating new distribution paths.
The Ace has worked with a number of clothing brands (i.e. Baron Wells, another company on the list) to create staff uniforms — also offered for general public purchase — as well as rooftop honey.
Monocle has also done similar things, by co-branding product offerings and branching off to TV and radio/podcasts. And, in my opinion, the most important “movement”: brand-fueled content.
And finally, my last example, which ties in brand-fueled content. The latest comes in the form of a magazine from The French Laundry. This is a great example (along with Reed Pages) of how a business can leverage its partners, clients and other to create brand utility.
The theme of the 64-page first issue is history, so Keller and co. have collected stories — and the expected gorgeous photography — all about the Laundry and every aspect of the restaurant: longtime staffers, former cooks, journalists.
Ruth Reichl and Michael Ruhlman pen articles. Chefs of all kinds make cameos. But it’s more than that — the magazine also highlights lesser known, yet essential parts of the French Laundry machine, like the wine producer who partners with the restaurant to create the Cuvee French Laundry.
