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The value of brand values

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Why read this? : Brand values set out what your brand stands for, and what it does. But how do you decide what they are? We go through a simple values model to help start your thinking. Plus we share examples of brands visibly bringing their values to life. Read this to learn how to get the most out of brand values. 

You define your brand values as part of creating your brand identity. They’re an intangible brand asset that set out what your brand stands for.

You make decisions about what your brand will (and won’t do) based on these values. Customers tend to choose brands whose values they like and share. 

Sounds important, right?

But most brands spend a surprisingly short time and creating and considering their values. 

Business meeting round with a man presenting in front of a screen to 5 colleagues

If you’re lucky, you might spend an hour in the middle of a 2 day brand identity workshop talking about them That’s not much time to agree on what you stand for.

And often, it’s just power-dotting from a list of brand values someone at the agency found online. Because you’ve also to try and fit in brand essence, brand purpose and the rest of your identity into the same workshop. So you end up with shallow box-ticking thinking. Rather than deep, thoughtful thinking about what values and the rest really mean.

Once agreed, some poor junior marketer writes them up in Powerpoint and pastes them into the brand book. There they linger, gathering dust. They might make occasional appearances in briefs or creative review meetings. But mostly, nobody’s giving them a lot of thought. 

Why thinking about brand values is hard

So why’s it hard to think about brand values? Well, think about your own personal values for a moment.

You’ve got some, right?

Don’t worry if you felt mildly panicked at that question. Because most people don’t think about values much at all. Like brand values, it’s usually only if something triggers the thought. 

An interview. An article. Or, maybe one of those thought leadership haiku LinkedIn posters. Values seem to be a favourite with them.

man in a blue T-shirt looking at the ceiling

You know the type of thing we mean. 

“If you don’t know your values, you’re not adding value” and nonsense like that. If that’s you, please stop. They don’t add value.

It’s hard, because it’s not always clear what we mean by values. They’re intangible. That makes them hard to explain. You know what they are, but you can’t see or touch them. They shape your decisions, but you’re only really clear on them when you put them to the test. 

A quick example of what we mean. 

Let’s say you get a great new job offer. But it’s on the other side of the world. If you value adventure, you take the job. But if you value being close to your family, and they’re not moving with you, you don’t take the job. See how values shape decisions. 

The same goes for brand values.

Brand values

Brand values are slightly easier than personal values.

They’re not part of you. It’s easier to talk about something separate to your own identity. It’s less personal and more objective.

But, they can still be hard to describe. And there’s the added challenge that it’s easy to slip into blandness and cliche. So many brand values sound the same. Like quality. Or innovation. Yawn. 

Still, the brand identity process at least forces you to write the the brand values down.

That’s a good start.

Brand identity wheel showing elements of brand identity including essence, values, personality, and benefits

Not just your brand values, but your essence, your purpose and the rest of your brand identity. Even better.

Tangible words, written down. That at least moves you past the first challenge of values being hard to see. You can see words on a page. But you still need to express the meaning of these words. To make them distinctive and unique to your brand. 

It’s the shared understanding of this meaning that makes the difference. Shared meaning helps you apply your brand values to your marketing decision-making.

Example decisions based on brand values

For example, we worked with a healthcare brand that had expertise as a core value. Its products were more advanced than competitors.

It looked at launching an organic version of its product. But the expert view was the organic version had no extra benefits over the existing product. (the quality standards were already higher than those set for organic). 

So, to be true to their expertise value, they didn’t launch an organic version despite the very high demand for it. 

hand showing a thumbs down

That’s living up to your brand values. 

Another brand we know in the alcohol industry had exotic, easy going and fun as its values. They applied these consistently in all their brand activation. Ideas that didn’t fit got rejected. 

For example, their advertising imagery always showed far-away, glamorous locations. They never showed the distillery itself because it wasn’t exotic, easy going or fun. The models in their adverts always wore colourful clothing, were always smiling and having a great time. They were exotic, easy-going and fun.

That was the opposite of stereotypical drinks advertising. No arty black and white photos of lone drinkers sitting in leather armchairs. No models staring into the distance, looking sombre and smelling the product. They were all about good times, because that fitted their brand values. 

How to build brand values

We joked earlier about looking online for a list of values and then power-dotting to pick some. 

That’s not actually a bad way to start. But you’ll probably need to spend more than an hour on it.

It helps if you’ve already defined the brand essence. Most brand values come from the essence, a succinct statement that’s central to everything your brand does.

The essence needs to be short, memorable, relevant, distinctive and unifying.

Two men holding pencils comparing notes on a piece of paper in in front of macbooks

That’s a tough job for a short phrase. Brand values helps you build on the essence to tell a richer brand story.

You normally decide on 3 values, though you can go up to 5. These connect the essence to the other parts of your brand identity. They need to be consistent with your overall identity.

So, for example, “quality” and “innovation” are consistent (though cliched) values. It’s clear how they connect. They make sense together. 

“Efficiency” and “value for money” also makes sense. A focus on efficiency can lead to cost savings that help deliver better prices. 

But, “quality” and “value for money”? Those would feel inconsistent. They clash. You can’t be both of those things at the same time. 

 The Values Compass

As we were researching ways to do brand values better, we came across The Values Compass by Dr. Mandeep Rai. 

It’s not a marketing book. But it covers a lot of ground on personal and societal values you can easily apply to brands. 

The book’s structured around the many countries she visited as a journalist and venture capitalist.

For each country, she takes one defining value that goes to the heart of that country’s identity. She shares stories and experiences to bring the value to life. In total, she covers 101 countries and values.

Check out her website, or buy the book if you want to go into all of them.

We found it a great source book to better understand values. It helped us reflect on how to organise and apply them.

We particularly like the model she uses to group value areas together. You can use this model to narrow down your choices on your brand values.

The 5 groups are :-

  • Change.
  • Continuity.
  • Connection.
  • Communal.
  • Core.

Change values

Example change values : pragmatism, exploration, dynamism

Change is a constant in all our lives. We can choose to be the drivers of change, or let it happen to us.

But either way, change happens.

Your brand has to deal with change. Customer needs change. Competitor activities change. There’s always changes in how products are made and services delivered to customers. 

Neon sign saying "I am Bold"

Brands who prioritise change values choose to take control of change. They’re initiators and innovators. They’re active in bringing new products and services to market. They go faster, take more risks and accept the odd failure. Learning from their mistakes is part of how they grow. 

Example - change values

Disney’s a good example of a brand with strong change values. Bob Iger’s book, Ride of a Lifetime gives great examples of how he transformed that business using change values. 

He was the CEO between 2005 and 2020, and as an example talks about the vote that made him CEO.

In his pitch to the board, he made a point of talking about the future. Disney was a company with a lot of tradition and heritage, but he realised it needed to change. Change means thinking about the future. 

A Ferris Wheel at Disneyland

Part of that change included the acquisitions of Pixar, Marvel and Lucasfilm. Buying these content powerhouses brought new life to Disney. It helped them expand from their existing portfolio of animation, TV and theme parks.

They’re now one of the world’s leading content creators and owners. His leadership principles from his time there included courage and curiosity, both values strongly related to change. 

It takes courage to drive change. It takes curiosity to explore the potential of change. 

If these sound like values your brand aspires to, then look deeper at change values.  

Continuity values

Example continuity values : tradition, stability, care

Continuity is the flip side of change. It gives us strong roots through tradition and heritage. As Rai puts it in her book, continuity “connects the past to the present”.

The past matters to all of us. It’s unsettling when it’s ignored or forgotten. Change too much, or too often, and you feel untethered and insecure. 

There’s much value in sticking at something, and reinforcing your values over time. It’s the repetition design principle applied to values. Repetition makes it easier for people to remember what you stand for.

Woman in exercise gear sitting cross legged on a yoga mat and twisting to one side

It’s not about doing the same thing all the time, but about being consistent in how you apply your past values. You apply them consistently in the present and into the future. 

You preserve and protect what matters to your brand. This reassures customers. There’s no surprises. They know exactly what they’re going to get from you, and they like it. 

Example - continuity values

Jack Daniel’s is one of our favourite continuity driven brands. Recent campaigns like “Make it Count” seem to be trying to modernise their image and appeal. But for a long time, nothing really changed on this brand. It had continuity.  

The iconic square bottle, and that black label. Packaging’s an area where brands often spends too much time tweaking and fiddling with designs.

Jack Daniel’s shows the value in sticking with what you’ve got.

Jack Daniels bottle close up on label

Their brand story is founded on continuity. The way they make the product for example. The care and attention to making fine Tennessee Whiskey. Methods that’ve been handed down through the generations dating back to the original Gentleman Jack. 

Continuity brand values work best where your brand’s found a positioning that works, and is clear and consistent in what it stands for.

Connection values

Example connection values : friendship, helpfulness, trust

Connection values focus on how we connect with each other. We all have some need to connect with those around us.

Whether that’s a quiet dinner with your partner, or a wild party with friends, connection creates emotional ties. It supports us through tough times. 

Connection focuses on relationships

Close up of two hands in a handshake

That should be a big clue for what type of brands should look at connection values. Brand with a big CRM program where loyalty matters are a natural fit with connection values.  

You build relationships by helping your customers. Brands with a high service focus like your local coffee shop or hairdresser thrive on one to one relationships. They have connection brand values, even if they’re not written down as such. 

Alternatively, you help customers connect with each other. So, connection sits at the heart of most big social media businesses for example. And that’s where we go for our example of a brand with connection values. 

Example - connection values

Facebook is still the dominant player in social media. 82% of Australians (>13 years old) use it, compared to 64% using the next most popular, You Tube.

It’s clear connection is a big thing for Facebook. It’s right there in their mission statement :-

“to give people the power to share and make the world more open and connected.”

Despite some dubious content and (in our opinion) too much advertising, people still use Facebook because it helps them connect.

Facebook icon pin buttons

That connection comes in content posts, video calls and instant messaging. Through them, we connect with friends and family online. 

Facebook delivers its connection values by being the platform that helps you connect. It costs you nothing to share and read content, to send messages and to reach out to people. Yes, Facebook makes money from selling advertising and your data. But it still delivers its brand value with the core service of free connection.

Communal driven

Example community values : openness, respect, togetherness 

Connections also underpin the group known as communal values. But here it’s less about one-to-one connections and more about connecting with the wider community. 

Brands who focus on communal values aim to bring groups of people together.

This is often to support a specific vision or purpose

Five people's hands side by side on a wooden table

Communal values focus on how communities behave, and how we support each other in everyday life. If you’re part of a community, you’re expected to contribute and support the values of that community.

Communal values often drive broader changes at a national or global level. They’re about improving humanity and the way we live together. They’re about creating a better future for the next generation. 

Example - communal values

Ex-Starbucks CEO Howard Schulz once said Customers must recognise that you stand for something, and he made it very clear what Starbucks stands for. 

Starbuck’s mission talks about “inspiring and nurturing the human spirit”. One of its core values is to “create a culture of warmth and belonging, where everyone is welcome”.

You see this in how they set up their coffee shops, support their staff and source their products. 

Green Starbucks logo on a concrete wall background

They’re big on inclusion and diversity for example. They’ve clear goals to reduce their environmental footprint, and their coffee is 99% ethically sourced. They work hard to link to the communities around their store locations, with lots of community service activities and support for food recycling. All good examples of communal values in action. 

Core values driven

Example core values : goodness, humour, health

The final group of values go deep into the heart of who we are as human beings.

They’re core values that describe the type of people we are, and the types of lives we want to lead. 

These can be universal values that tie into our beliefs and our culture. They’re usually about making the world a better place, and having a positive view on how the world is, and how it should be. 

White round badge with a read heart symbol against a dark grey background

Core values run deep in our DNA. That makes them long-lasting. Brands that focus on core values usually have long-term vision and purpose. Customers who follow them buy into that long-term view. There’s usually a lot of emotional meaning attached to brands who focus on core values. 

Example - core values

The Red Cross is a great example of a brand that taps into core values.

The international aid organisation has a clear set of principles which run deep into what makes us decent human beings. 

It talks about the value of humanity for example, and its aim to to prevent and alleviate human suffering. It promotes “mutual understanding, friendship, co-operation and lasting peace amongst all people”. Its values talk about acting in an impartial and neutral way, with no discrimination and no desire for gain. 

Those are strong emotional words. But look at the actions those words inspire, especially with what’s going on in the world right now. Brands who focus on core values can drive life-changing great causes. 

Your brand values

Now think about what all this means for your brand values. It should be clear now why you need them.  

Firstly, make sure your values are unique to your brand. Many businesses claim values like quality and innovation, for example. You won’t stand out with those. What makes what you do and how you do it different from anyone else?

The more specific you are, the more distinctive and memorable your brand values will be. Use them to help you stand out from the crowd.

Red tulip in a field of yellow tulips showing the impact of standing out and looking different

Make them part of your competitive advantage. Your values should be in line with your positioning and create stronger connections with customers.

Put them at the heart of everything your brand does. Put them in your brand book. Include them in your briefs. Use brand stories to make the meaning of those values clear. Make sure your decisions on what you do and how you do it are true to those values.

Conclusion - the value of brand values

Your brand values tell people what you stand for. This makes your brand very relevant for customers who support those values. That relevance makes them more likely to choose your brand. 

Your brand values run through your whole brand activation. They should be at the heart of all marketing decision-making. From creative evaluation to how you invest your budget. 

B2B and service led business should link brand values to their organisational values. These cover how you treat the people in your business, and how you handle customer service

Brand values should feel more emotional than transactional. For example, compare the emotional connection you feel between :-

  • a brand that’s “10% cheaper than everyone else”. (see our competitive strategy article for an example)
  • a brand that stands for “lasting peace amongst all people”. (The Red Cross example above)

The Red Cross one really grabs you, doesn’t it?

Don’t get us wrong, low prices can also work as a value. There’s nothing wrong with pragmatic and practical values. It all comes down to what connects best with customers. What’s relevant to them and to you. 

Look for brand values that authentically show people who you are, and what you stand for. Get them right and you set yourself up for a valuable future. 

Check out our articles on brand essence and brand purpose for more on brand identity. Or contact us if you need help with your own brand values. 

Photo credits

Heart Button Photo by Kelly Sikkema on Unsplash

Business meeting : Photo by Campaign Creators on Unsplash

Man looking at ceiling (adapted) : Photo by Anton Danilov on Unsplash

Thumbs down : Photo by Markus Spiske on Unsplash

Two people with macbooks and notepads :  Photo by Scott Graham on Unsplash

I am bold : Photo by Steve Harvey on Unsplash

Disneyland : Photo by Tyler Nix on Unsplash

Yoga : Photo by Dane Wetton on Unsplash

Jack Daniel’s : Photo by Marcel Strauß on Unsplash

Handshake : Photo by Cytonn Photography on Pexels

Facebook icons : Photo by NeONBRAND on Unsplash

Hands : Photo by Clay Banks on Unsplash

Starbucks : Photo by Khadeeja Yasser on Unsplash

Flowers : Photo by Photo by Rupert Britton on Unsplash

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