"The Intersection of Branding and Strategy: Lessons from Liquid Death and Google"
Hatched by Glasp
Sep 16, 2023
3 min read
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"The Intersection of Branding and Strategy: Lessons from Liquid Death and Google"
Introduction:
In the world of business, successful brands and effective strategies are key to achieving growth and profitability. Two companies, Liquid Death and Google, have taken unique approaches to branding and strategy that have garnered attention and sparked discussions. By examining their stories and exploring the common points between them, we can uncover valuable insights for businesses in any industry.
The Genius Way Liquid Death Sells Canned Water:
Liquid Death, a brand that sells canned water, came about from a simple observation made by its founder, Mike. He noticed that rock bands preferred drinking water while performing, but had to put it in an energy drink can due to lack of options. This led him to create water that bands would actually enjoy being seen drinking. The brand's marketing strategy focuses on creating a relatable and humorous "human brand" rather than solely emphasizing the features of their product. This approach has resonated with consumers and propelled Liquid Death to become the fastest-growing water brand in Whole Foods.
Google and the Limits of Strategy:
Google's strategy, on the other hand, has revolved around its business model as a horizontal company. The company's profitability is linked to market share, making advertising its perfect fit. However, a significant misstep occurred when Google prioritized Android's turn-by-turn directions feature exclusively for Android users. This decision allowed another company to dominate the default mapping experience for millions of users, highlighting the limits of Google's strategy.
The Power of Marketing and Attention:
Both Liquid Death and Google showcase the importance of marketing and attention in driving success. Liquid Death's unconventional marketing tactics, such as turning social media hate comments into songs, generated free press and widespread attention. Mike's belief that "marketing is day trading attention" highlights the need for businesses to continually find innovative ways to capture and hold consumer attention. Similarly, Google's strategic thinking has led them to focus on creating their own hardware, recognizing the significance of owning the interaction point and adapting to a world where artificial intelligence takes precedence.
Lessons for Businesses:
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Understand your target audience's needs: Liquid Death's success came from recognizing the preferences of rock bands and creating a product tailored to their desires. Businesses should listen to their customers and identify unique opportunities to meet their specific needs.
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Embrace creativity in marketing: Liquid Death's approach to marketing through humor and memorable tactics demonstrates the power of creative thinking. Businesses should not be afraid to think outside the box and experiment with unconventional strategies to capture attention.
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Adapt to changing technology and consumer behavior: Google's shift towards hardware and prioritizing artificial intelligence showcases the importance of adapting to technological advancements. Businesses must be willing to evolve their strategies and business models to stay relevant and meet the changing demands of consumers.
Conclusion:
Liquid Death and Google have both provided valuable lessons for businesses looking to succeed in a competitive landscape. By understanding their respective journeys, we can glean insights into the power of branding, the significance of marketing and attention, and the need to adapt to changing technology and consumer behavior. By incorporating these lessons into their own strategies, businesses can position themselves for growth and long-term success.
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