Nik Sharma
Nik Sharma

@mrsharma

14 Tweets 2 reads May 30, 2022
99% of entrepreneurs in CPG fail because they don't build a BRAND, even if they had a good product.
After helping launch 11 brands in the last 18 months, I've put together a Modern Day Brand Ingredient List.
Here are 10 simple things you can do to consistently build brand πŸ‘‡
Have a reason to exist & a problem you're solving
If you're not solving a problem, there's no reason to exist.
Solving problems makes it easy to add value, & in turn, lowers the barrier to purchase.
It's why Apple can sell a $2,000 laptop & Dyson can sell a $600 straightener.
A story to relate to β€” the "Why?"
Chances are, someone can buy your product or service from 18 other brands, apps, or vendors. Why yours?
Be unapologetic in your storytelling. It's what sets you apart & keeps you top of mind.
It's why you choose McDonald's> Burger King.
A sense of community & belonging
Everyone wants a place to belong or something to make them feel wholesome β€”Β it's why we love team sports!
Events, a digital group, dinners, or just knowing you can go talk to the other person wearing MadHappy, it's clear, people want community.
An amazing product, not a good product.
You can't be a brand with just using stock imagery, and it goes the same for product.
In a world with 274 serums, yours needs to work even better to survive.
A content engine: earned, owned, and paid.
If you're not putting out content, you're losing. People consume what was posted in the last 24 hours. Test rigorously on all 3:
Earned: UGC, press, influencers
Owned: organic social + website
Paid: ads πŸ‘‡
A deep understanding of your customer.
Just knowing their gender, location & age aren't enough. You're speaking with humans, not robots.
Get to know:
β€’ where do they consume content
β€’ what apps are on their phone
β€’ who do they follow
Know them inside & out!
Unique messaging and visual identity.
Standing apart in your messaging and product is just as important as visually standing out. If you can't differentiate yourself in a feed or on a shelf, your hard work goes unnoticed.
Look to fashion brands for the best inspiration here.
Consistency across consumer touchpoints.
Your messaging, tone of voice, design language, promotions, & creative should be consistent across all your touchpoints:
β€’ website
β€’ emails & texts
β€’ press
β€’ packaging, etc
You want to build an identity, not just have a pretty face.
The desire to do right by the customer.
In the world of entrepreneurship, you're always going for margin, but unhappy customers are costly mistakes.
Happy customer = you'll get 3 new customers from the word of mouth.
Unhappy customer = damaged reputation, online reviews, etc.
A clear purpose within someone's day or life.
If you're not built into a routine or making someone's life better, you'll have a hard time selling.
Solve a problem people experience daily & you'll always be in business.
There are exceptions (i.e. JUDY emergency kits).
In summary, there are 10 things you want to include:
If you enjoyed this thread, join 20,000 readers on my Sunday Email.
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It's free, takes 13 seconds to subscribe, and comes every Sunday evening πŸ‘‡ nik.co
If you found this tactical or helpful, please consider giving the original tweet a retweet and give me a follow πŸ‘‰ @mrsharma πŸ‘ˆ for more deep-dives! πŸ€—

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