A brand vision is a concept that guides a brand’s future. It should be able to reflect and support business strategy, differentiate from competitors, resonates among customers, energizes employees and partners, and inspire marketing programs.
A brand vision should be aspirational and achievable, offering a clear idea of what the brand wants to achieve. It should be simple enough to be remembered and communicated easily, but also flexible enough to evolve as the brand grows.
A brand vision example is McDonald’s. “To provide the best quick-service restaurant experience.” Being the best means providing exceptional quality, service and value so that every customer in every restaurant makes a smile. This vision is constructed as a checklist.
The vision statement for a brand is the long-term goal of the company. It’s what the company plans to achieve in the future and sets the overall direction for all business decisions.
The mission statement, on the other hand, is a more specific description of what the brand does and how it plans to achieve its vision. It’s a roadmap that outlines the steps necessary to reach the brand’s goals.
A brand’s vision is composed of three key elements: promise, positioning, and performance. By focusing on these core elements, you can develop, improve, or create a brand strategy.
These three elements are interdependent; a change in one will impact the others. For example, if a company wants to improve its performance, it might need to revisit its promise and position to make sure they’re still relevant and achievable. Similarly, if a company wants to change its position in the market, it might need to update its promise and performance accordingly.
The Three Brand Ps is a helpful framework for thinking about and managing your brand. By focusing on these key elements, you can ensure that your brand is well-positioned for success.
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