Over the last 50 years, I can only think of a handful of companies that have truly become synonymous with the category/service/product they create or represent. To name a few, Kleenex successfully did this with tissues and Google has now accomplished this with Internet search. But, it often takes many years of creating superb customer experiences, exhibiting much desired product/service qualities that competitors don’t posses and spending lots of $$$ on disciplined marketing.
The fact is that most industries or categories simply have too much competition for one company to truly stand out as a brand in this dominant way. Understanding that the odds are long against any organization becoming the next Kleenex or Google, I believe that many companies still have a real opportunity to become more synonymous with what they do. But, they need to recognize creative PR or marketing approaches that can create impactful ways for them to own white spaces that exist (especially when such ideas or opportunities are smacking them right in the face). ADP did exactly that when the opportunity presented itself. Among other offerings, ADP is the largest outsourced payroll company in the country. I’m not sure when it happened, but ADP proudly owns an employment index which showcases the increase/decrease in new jobs created each month. Guess what? Pretty much every media outlet I reviewed either refers to this index or simply profiles it as the official barometer in our marketplace. The tie in is clearly perfect for ADP because it links the brand to employees/jobs. In today’s business environment, tens of millions of eyeballs have seen this index and there’s no doubt it has helped ADP build its brand to become more synonymous with what it does.
I can find lesser known examples, but equally successful in their own right. Ever hear of a company called Prebon Yamane? Probably not, unless you are a Wall Street trader. Prebon Yamane was acquired over a dozen years ago, but it used to be one of the largest wholesale brokers (brokers to traders) on Wall Street. These firms are seen as commodities by their customers and most have very little to speak of that truly sets them apart. But, Prebon Yamane did something very smart. It had been tracking the ups and downs of Federal Fund prices in the industry for years. The information was limited to being used internally at the firm, as well as provided to clients to help their trading efforts. Until, a Wall Street Journal editor conducted a random interview with the firm’s CEO. As a matter of fact, this CEO happened to discuss how important this proprietary information is to clients. Long story made short, it took a few months, but Prebon Yamane’s index soon became the first official “Fed Fund” Index featured two to three times per week on the front page of the 'Marketplace' section of this elite daily newspaper. Aside from creating instant credibility and publicity for the firm, the branding from this index allowed Prebon Yamane to become synonymous with Fed Funds on Wall Street. This was a huge marketing win which cost nothing to arrange.
From time to time, we present clients with these type of branding opportunities. Typically, through one of our white space audits it becomes clear that no one in our client’s industry has taken ownership of a topic, issue or even most/all of the service/product it represents. Yet, I find that in many cases it’s hard to convince clients to move forward with such initiatives. The reasons vary as to why the responses can be negative. Sometimes it’s just about money (even though the investment cost is typically low), but often it’s just because they are too focused on just delivering solid, yet basic “bread and butter” results for their organization.
That’s disappointing. Whether it be some type of index, research, award program, unique coalition or simply just taking a proactive, consistent stance on owning a thought leadership topic that no one else is, marketers need to see that three is often very little setting each company apart from the competition. If a real idea comes along to make one’s company even a tiny bit more synonymous with what it does, my advice is to find a way to make it happen.

