Defining Your Purpose
WhY is having a purpose so important?
Customers are looking for a more meaningful reason to choose your brand because it raises their profile in the eyes of others and makes them feel good. Without a strong purpose, you’ll be vulnerable to a rival in your marketplace who does have one.
Not only will customers leave you and gravitate a rival brand with a stronger purpose, but so will industry talent. You’ll be left wasting money on marketing trying to remind people about you, but it'll be too late as they will have already chosen their favourite brand and will no longer care about you.
People want to do business with other people who share their beliefs and their values, so establishing the reasons behind why you are passionate about what you do is crucial.
Your purpose is going to be the big thing that makes you stand out. It has to be distinctive, memorable and allow people to connect with you. It is the driving reason behind everything you do. It is the motivation behind the passion you have for what you do and will often transcend beyond your products and services. It is how you plan to change the world and impact society for the better.
Case Study: Dove
A well-known Brand who has a powerful purpose is Dove. Their products are soaps and lotions, but their mission that transcends what they offer is to ensure the next generation of women grow up enjoying a positive relationship with the way they look.
Helping girls to raise their self-esteem and realise their full potential is an example of a compelling and attractive purpose. This builds genuine long-lasting affinity, respect and loyalty between them and their customers.
They have a hugely powerful and compelling purpose that will resonate with parents and children of all ages. It's so much more that soaps and lotions and is something that will attract both customers and talent.
Questions to help you define your purpose
To define an attractive and inspiring purpose, you will need to spend time thinking about what matters to you and what you do. Here are a series of prompts that will help you.
What are the reasons you are passionate about your business?
What are the reasons you are prepared to work late into the night? When you think about the day ahead, why are you excited and looking forward to what lies ahead of you? Is could be who you are working with, the type of work you are doing or how it makes you feel to do what you do
Why do you want to help?
Are there more emotive reasons? Is this something that has been burning inside you for a long time? As well as being able to offer something unique, the reason why you want to do it can be unique too.
What is the impact that you’re trying to make?
From a more philosophical point of view, what is the bigger picture for you? Are you trying to change lives? What do you want your legacy to be? It’s always very attractive to be part of something bigger than yourself and if your audience can help with that, let them know so they can help.
What do you want to be known for?
What separates you from your competition? What do others say about you when recommending your services? How do you want to impact the lives of your target market? If you were asked to give a talk at a conference, what would it be about?
We've helped many businesses define their purpose with our Brand Engine Program. If you'd like to find out more or set up an meeting please click on a button below.