Premium Brand Before Launch
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A discussion about the benefits of investing heavily in premium branding before product launch, using examples from successful brands.
Key Brand First Strategy Points
- Most customers only see your brand once in passing
- Like a billboard on a street corner - 9/10 people are just passing by
- Don't need to constantly change things for "freshness" since most see it for first time
- Staff/team gets tired of assets before customers do
Case Study: Oklahoma Smokes
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Premium branding-first approach
- Strong brand name that resonates ("sounds like a band")
- High quality website and visual design
- Well-executed marketing campaigns (e.g., "No Nick November")
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Growth Strategy
- Cannot use traditional paid advertising (Facebook, etc.) due to product category
- Relies on organic TikTok growth through user-generated content
- Shows how strong branding can drive organic growth when paid channels aren't available
Benefits of Premium First Approach
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Creates acquisition opportunities
- Example: Sir Kensington's ketchup sold for $140M
- Better to leave "dry powder" for acquirer to exploit
- Acquirers value brands that haven't maxed out distribution/retail channels
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Positioning advantages
- Helps establish premium positioning from day one
- Creates perceived value through professional presentation
- Builds trust with potential customers
Key Success Factors
- Invest in professional design/branding upfront
- Focus on memorable, distinctive brand assets
- Build for long-term brand equity
- Consider future acquisition potential
- Leave room for acquirer growth opportunities
- Create organic sharing/virality through strong branding
34:03 - 36:17
Full video: 55:26SP
Shaan Puri
Host of MFM
Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.