Want to see the power of smart, strategic branding? Just take a good look at a little company started by two brothers in Connecticut.
Vineyard Vines.
In my opinion, anyone who aspires to build a strong, authentic brand that’s relevant in today’s challenging business environment should certainly take the time to study the Vineyard Vines brand.
I have been fascinated by this company that makes upscale clothing from their very beginning. As I analyzed Vineyard Vines, I have developed this strange personal connection to their brand. I watched in their infancy as they, in my opinion, did so many things right in building their brand.
Back 14 or so years ago as I watched the Vineyard Vines brand emerge, I thought to myself, “These guys are doing almost everything the way that I would if I started a new brand.” Strangely, this realization led to a genuine personal fear. Namely, “What if, after doing all these branding steps so right, Vineyard Vines doesn’t become a signficant business success?” With a lukewarm business outcome – or worse – all of my beliefs regarding the business-building potential of strategic brand development would be shot…over…caput. I would loose all my faith in this thing called “strategic branding”. Then, what would I do? Sell beer at Braves games? (BTW, this is always a potential – and not so unattractive – personal exit strategy that I keep in my back pocket.)
Fortunately, looking at the tremendous business success of Vineyard Vines today, I can report that the company did not let me down. Vineyard Vines has legions of devoted customers and fans, a really strong and thriving employee culture and an impressive balance sheet. In fact, Vineyard Vines was recently named as one of Inc.’s magazines Top 100 Growth companies.
Thank you Shep and Ian (the brothers who lead Vineyard Vines) – you saved my career. Continue reading →