From the pinnacles of power by Fortune editor at large Patricia Sellers
Type Size  -  +
August 13, 2008, 3:03 pm

Guest Post: Finding your brand’s voice


Growing up, my father often used the age-old adage, “Why do you think God gave you two ears and one mouth? Because you’ve got to do a lot more listening than you do talking.”

In marketing, the trick is to make sure you are constantly listening outside of your own four walls to get a true customer perspective. I’m really conscious of this. Every two weeks I work with a few trusted individuals–both internal and external–to re-examine our voice in the marketplace. We talk (and more importantly, listen) to people from the arts and retail and all sorts of businesses. We meet with grassroots organizations. We do our own research, of course–and all this helps me leave behind the “corporate goggles.”

You know, brands aren’t really owned by companies. Brands are owned by their constituencies–their consumers, their employees and their shareholders. And brands are defined by their place, relevance and stance in contemporary culture. So if you think about consumers in the midst of ongoing conversations, you’re either a part of that conversation–listening and adjusting your voice–or you’re spending a great deal of money talking to no one but yourself.

You might not know it, but American Express started as a freight forwarding company. In fact, we were 108 years old before we created the first American Express Card. So we’ve had to find our voice in the marketplace many, many times. We’ll continue to modify, tweak and enhance many times in the future.

Any successful brand and any successful brand manager needs to do the same. If you’re not taking time to get a checkup on your voice as often as you get your paycheck, you run the risk of not having either.

John Hayes is Chief Marketing Officer at American Express (AXP). He’s been at the company for 13 years.

CNNMoney.com Comment Policy: CNNMoney.com encourages you to add a comment to this discussion. You may not post any unlawful, threatening, libelous, defamatory, obscene, pornographic or other material that would violate the law. Please note that CNNMoney.com may edit comments for clarity or to keep out questionable or off-topic material. All comments should be relevant to the post and remain respectful of other authors and commenters. By submitting your comment, you hereby give CNNMoney.com the right, but not the obligation, to post, air, edit, exhibit, telecast, cablecast, webcast, re-use, publish, reproduce, use, license, print, distribute or otherwise use your comment(s) and accompanying personal identifying information via all forms of media now known or hereafter devised, worldwide, in perpetuity. CNNMoney.com Privacy Statement.
Sheryl Sandberg Sheryl Sandberg: Don't leave before you leave
COO of Facebook
Marlo Thomas Marlo Thomas: Why she gives to kids in need
National outreach director, St. Jude Children's Research Hospital
Carol Bartz Carol Bartz: Just deal with it!
CEO of Yahoo
From CEO to candidateFormer eBay boss Meg Whitman talks about her plans for California. Watch
Paula Deen's American dreamRestaurant entrepreneur and Food Network star shares her life story. Watch
Pattie SellersPatricia Sellers has written some of Fortune's most talked-about cover stories, including "Can Meg Whitman Save California?", Melinda Gates ("The $100 Billion Woman"), "MySpace Cowboys," Martha Stewart ("I cannot be destroyed"), Ted Turner ("Gone with the Wind") and Oprah Winfrey ("Oprah Inc."). And she has broken ground with insightful pieces on career management issues such as ego ("Get Over Yourself!"), and "Charisma: Do You Need It? Can You Get It?" Pattie chairs the annual Fortune Most Powerful Women Summit, the preeminent gathering of women leaders in business, philanthropy, government, academia, and the arts. And she has helped oversee Fortune's "Most Powerful Women in Business" cover package since its launch in 1998. She started at Fortune in 1984, covering the big consumer brand companies.
Subscribe to Postcards: RSS feed | email newsletter

Every year Fortune and the U.S. State Department sponsor the Global Women Leaders Mentoring Partnership, which brings rising-star women from developing countries to the U.S. to work closely with participants of the annual Fortune Most Powerful Women Summit - among them CEOs Andrea Jung of Avon, Ann Moore of Time Inc., and Ursula Burns of Xerox.
* : Time reflects local markets trading time.† - Intraday data delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges.• Disclaimer
Powered by WordPress.com VIP.