Is branding strategic positioning? — Scott Harkey // OH Partners

Scott Harkey, CEO and Co-Founder of OH Partners, talks about brand positioning and why brand collaborations always make sense. Paid budgets are going down to accommodate more content creation and partnerships with influencers. In this age of NFTs and Elon Musks, belief is the new currency, and targeted campaign ads that move people down a funnel won’t cut it anymore. Today, Scott discusses strategic branding and positioning.
About the speaker

Scott Harkey

OH Partners

 - OH Partners

Scott Harkey is Co-Founder and CEO of OH Partners—one of the largest, most heavily decorated independent ad agencies in the Southwest. Harkey is also Co-Founder and CEO of OH Holdings, which operates a family of specialized marketing service agencies in film, digital media, strategy, analytics, research, and more.

Show Notes

  • 03:23
    Why branding is strategic positioning
    Technology has advanced and changed how people consume media. Brand differentiation and positioning are important when approaching the changing mindset of consumers.
  • 05:20
    Brand positioning in a restricted data access era
    While personalization is still important, consumers must believe in your mission. Beyond targeted ad campaigns, there must be a deep understanding of who you are as a brand.
  • 07:29
    Prioritization of branding efforts vs. focus on revenue generation
    Strategy is equally important as alignment within your organization. Essentially, its about fostering internal alignment around the brand to keep messaging consistent and authentic.
  • 09:40
    Brand positioning and earned media investments
    Currently, were in an earned marketplace where partnerships and collaborations are on the rise. Being internally aligned on your message and what you offer puts you at an advantage.
  • 11:36
    Influencer marketing vs Meta advertising
    Though costs continue to rise, Meta remains the best platform for advertising. However, influencers are still undervalued in terms of the sales and value they can drive for brands

Quotes

  • "The television ad can't reach 85% of women 25-54 anymore. And there's no amount of TV you could buy that would ever do that anymore. People are just consuming media differently." -Scott Harkey, CEO, OH Partners

  • "The new currency of the world economy is belief. When Amazon acquired Whole Foods, the market basically paid for that acquisition." -Scott Harkey, CEO, OH Partners

  • "You're going to see a lot more people tying recruitment of team members with the external benefit of consumers being more tied together around a bigger mission and vision, in advertising." -Scott Harkey, CEO, OH Partners

  • "In todays market, media is not bought, it's earned. When you look at influencers, collaborations, and PR coming back as credible tactics, we're in more of an earned marketplace." -Scott Harkey, CEO, OH Partners

  • "Influencers want to be paid, but they also wanna believe what the hell you're doing. If they don't believe it, then they're going to lose their audience when they get paid to promote it." -Scott Harkey, CEO, OH Partners

  • "I'm still seeing major value in influencers, not to mention Facebook. The cost to market on that channel has gone up like crazy every year; 7 billion to 20 billion or something." -Scott Harkey, CEO, OH Partners

  • "How can you produce the most positive views that are strategically aligned for your brand? Over time, that's going to create more sales and value for your brand." -Scott Harkey, CEO, OH Partners

About the speaker

Scott Harkey

OH Partners

 - OH Partners

Scott Harkey is Co-Founder and CEO of OH Partners—one of the largest, most heavily decorated independent ad agencies in the Southwest. Harkey is also Co-Founder and CEO of OH Holdings, which operates a family of specialized marketing service agencies in film, digital media, strategy, analytics, research, and more.

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