It’s hard to find many conferences which offer inspiring keynotes from executives about branding in the energy industry, professionals giving insightful presentations on energy industry branding case studies or conferences which focus on how branding will determine the future of the industry and which companies will survive the changing times. It’s hard because CHARGE Energy Branding is the only venue in the world with a focus on branding in the energy sector. A hub of new ideas for energy where people from all over the world meet and discuss best practices.
The summer is here and CHARGE Energy Branding is just under 4 months away. We have already announced a majority of the speakers that will give invaluable insights at the Harpa Conference hall in September. We have been able to recruit visionaries, thought leaders and successful professionals from electric utilities, energy retailers, established incumbents, venture funds, non-profits, design, advertising, branding, marketing and communication.
Click the player below to hear testimonials from some of last year’s participants and have a glimpse of what was going on and what to expect from the CHARGE Energy Branding experience.
Energy company branding is pretty simple at the core. The World’s Best Energy Brands have it in common to be able to identify segments in the market. The best brands offer their target groups specific offerings and give them tailor-made marketing message that gives the impression of a coherent brand-voice. Despite advances in technology – the core of marketing is still the 4P’s. But technology creates new ways to present the product, new places to sell it at and new ways to promote it. It also gives new ways to find out more about the consumer.
Learn more about energy branding and dig deep into branding case studies in the energy industry. Join us at CHARGE 2018 – the only utilities and energy conference that covers branding in the energy space!
Easy days are over
A major task of any company selling and marketing a product or a service is to really figure out what you are offering, to which potential customers and how you are different from everyone else on the market. This used to be a lot easier, a company would come up with a product and find the right segment was easy, husband, housewife, urban or rural. Then societal changes came along and these simple groups of consumers split up and new-sprung out. The teenager is more complex and people in their twenties are now of all ages.
Big Data helps
Energy utilities around the world are doing their best to know their customers which is the technical term for analyzing data and identifying patterns. Big data can, of course, provide great insights that are not easy to identify from interviews or surveys. But the downside is that energy companies often skip the part of getting to know their customers – the customers become blips on the screen that leave data points. Gathering large amounts of quantitative user data is relatively easy, it’s just a question of finding the right software and let the algorithms get to know the customers.
A good brand uses algorithms to gain better insight into the behaviour of the customer but in most cases, it is used to build upon knowledge that is founded on qualitative research that is more or less the foundations of the brand.
Don’t forget qualitative
Some might dismiss qualitative studies as anecdotal evidence or by simply pointing out that if Henry Ford would have asked people what they wanted, he would have made the horse cart faster. It is correct that you should not take focus groups or customers too literally, an active mind is needed to analyze what is said to you and form concrete principles – read between the lines and integrate truths.
Find out more
Artificial intelligence is yet to be able to do that. A good first step is asking oneself “what would I as a customer want from a provider?” and then asking the same question to people you know and see if there is something in common.
Find out more about how the Best Energy Brands identify and speak to their different segments in the report on the World’s Best Energy Brands which is available now. Including energy company case studies from around the world.
One of the most challenging tasks of utility companies is how to reach the ears and eyes of stakeholders and potential customers in a way that it gets noticed and remembered. Though energy efficiency has been a hot topic for energy companies, the most important task ahead is efficiency in communication – if communication goes by unnoticed, resources have been wasted.
Every company in the energy space needs to be able to communicate efficiently, it does not matter where in the chain the company operates – TSO brands, DSO Brands, Energy Generation Brands, retail brands and brands that are bundled in one or more aspects of the energy value chain, all need to be able to communicate their message in an efficient way.
Brand or be branded
Communication needs to come from a credible source – a source that the audience wants to listen to and notice in the first place – but also a source that is considered believable. The source of communication in utility marketing is always the brand. It does not matter if the utility does not consider it self to be in branding. If the utility does is not actively invested in its brand building then the brand, its image and credibility is out of the hands of the utility and the image of the utility is shaped by everyone else.
Utility marketing should start with building a brand. Communication efforts will not be taken seriously if the energy company has not effectively built a brand and has taken branding seriously. Communication processes such as the tone of voice and proactiveness can be created but to know how the processes are created, a good strategic tool is to know the brand and how the brand would behave as a person.
The cornerstone of every interaction
The big question facing many brand builders in the energy space is how to brand energy since electricity is a commodity that can not be differentiated. The answer to the question is easy: differentiate your company with a unique brand that can be heard in the noisy clutter of communication people are bombarded with every day. The hard part is to follow up on the brand building and have the energy company behave as the brand at every level at the operation and at every touchpoint. If the brand behaves in accordance with what people expect and is consistently behaving as a brand at every touchpoint, the brand becomes credible.
Don’t settle with a credible brand – aim for incredible
With a strong brand that is incredible at getting the attention of their customers in a positive way, challenges become easier. An incredible brand has consistency and is dependable. Good energy brands know how to communicate with new challenges such as distributed energy and prosumers, they know how to fit new green energy technology to their service offering, know when and how to showcase their green electricity offering and how to add value for their customers with effective ingredient branding of either their power source.
Join the discussion at CHARGE 2018. CHARGE Energy Branding is the only utilities and energy conference that has a clear focus on energy branding and how utilities at every stage in the energy stream can benefit from a strong brand that delivers consistent and efficient communication to stakeholders.
CHARGE is not primarily a utilities & energy conference but is also meant for companies that are actively pursuing to create value for their customers with energy branding; that is creating a competitive advantage with branding and marketing energy that they use. Energy efficiency is a big part of energy branding since the most valuable and sustainable energy is the energy that is never used.
The growing number of companies participating in initiatives such as RE100 has shown that sustainable brands are a part of the mainstream, sustainable brands are not primarily a part of niche marketing preaching to the already converted. Sustainable brands have become brands that have already established themselves in the homes of the everyday consumer.
Sustainable brands are pushing for access to 100% renewable energy and are either switching their supplier to secure sustainable energy or producing energy on their own. Some of the sustainable brands that have just entered the energy space are producing energy to offset their own usage due to the fact that they can’t procure 100% renewable off the grid or are simply producing renewable energy on-site.
These invaders to the energy space have not all the sudden become interested in becoming energy companies but are acting on the demand of their customers. Consumers today are concerned about the energy used to produce the products or services they use but the utilities have not acted quick enough to meet the demand of the sustainable brands. Instead of waiting for the utilities, the sustainable brands have acted to meet the demand of the consumer today or demand that sustainable brands foresee tomorrow.
Good brands are not reacting to the situation as it is today. Good brands try to predict the future and are quicker to market than the competition. The key lesson utilities and the energy industry in whole should learn from the sustainable brands is that if you don’t shape the future of your market, someone else will and the future will be theirs.
CHARGE is a bit unique in terms of location. Technically, CHARGE Energy Branding is an energy conference that is located on two continents. It is an energy conference in Europe as well as being an energy conference in America. Iceland rests on the tectonic plates of both Europe and America. But the conference is also an international event in terms of presenters and attendees. The location is not as central as energy conferences in Europe or North-America, the trip to Iceland is not that much further than travelling between big cities on both sides of the Atlantic. Just add an hour or two and in return, you will have a more spectacular energy conference experience than anywhere else.
Reykjavik is not known for neon lights but more noticeable are the northern light illuminating the night sky from early September.
Being technically both an energy conference in America and an energy conference in Europe has some perks. For one, people can see with their bare eyes where the tectonic plates are drifting apart but it also means that Iceland has a lot of geothermal energy that is widely used both for district heating and more importantly
On the way to or from the international airport in Keflavik, you could enjoy the unique experience of the Blue Lagoon spa – maximizing the exhaust geothermal heat from the nearby geothermal power plant and is known for its healing powers.
If you have a bit more time, we suggest that you do it like a local and enjoy some of the multiple community swimming pools. Each neighbourhood in Reykjavik has its own swimming pool. If you don’t like swimming that much, take advantage of the several hot tubs each pool has and lie down in the cool tubs in between. The pools that are located closest to the conference hall are Sundlaug Vesturbæjar in area 107 where deals are brokered and decisions are made, Sundhöll Reykjavikur in area 101 where hipsters meet and sweat off last evening or go out of the capital to the municipality of Setjarnanes to relax while enjoying a great view of the Atlantic Ocean.
At CHARGE, we try to bring to the table the best practices in Energy Branding and give a glimpse at what the best energy companies in the world are doing in terms of customer engagement and making their products and services more tangible by relating to the customer on human terms.
A part of the conference has focused on how companies are branding green outside the energy space. Companies that are focusing on sustainability are not only looking at becoming clean energy brands or branding green electricity by letting the customer know that they are using the best green energy in the world to make their products or services. They are looking at how they can cut costs by being sustainable. Being sustainable can often cut electricity used or energy consumed.
It is often the case that it is not the sustainability itself or being good for the planet that increases brand value in itself. As it has been discussed at the energy conference, consumers are often inadvertently interested in energy itself and how companies are sourcing their green energy. The clean energy coming from the rooftop of the store you are shopping at creates some value in the mind of the customer. Energy marketing conference is one way to put it, it is not only about energy retailers trying to catch the attention of the customer – branding or marketing energy is also a way for retailers or manufacturers to tell a unique story to the customers. And in a way, it is a green energy conference although it is just one of many topics discussed. It is a utilities and energy conference in the widest sense. Sustainability is an energy issue in one way or another. It reflects on how companies can become sustainable on the balance sheet by behaving thrifty when it comes to energy consumption. And by telling that story, brands can increase their value in the mind of the consumer.
Hosting the conference in Iceland means that it is the perfect place for a global energy event. The country is known for its production of clean, renewable energy – both hydro and geothermal. Being placed in the middle of the Atlantic Ocean, Iceland is also the perfect place to bring together key decision makers together for an executive forum of people from all over the world. The energy space is often localised due to historical reasons and although the borders dividing the energy space are shrinking fast – there is a lot to learn from each other.
Join us in Reykjavik, Iceland where CHARGE will be hosted for the third time in September 2018. It will be one of the most memorable energy conferences of 2018. Iceland is exotic yet accessible with daily direct flights to three continents.
The 3rd CHARGE Energy Branding conference will take place in Reykjavik, Iceland – in September 2018. The Harpa Conference hall has been booked for the 24th and 25th of September. Save the dates and make sure to make most of the trip to Iceland and arrive on Saturday 22nd of September. Use the weekend for some sightseeing in and around Reykjavik and some pre-event networking.
Don’t miss the only global event that puts consumer perception on energy, sustainability and brand building in the energy space in crystal clear focus. Meet your peers and consumer-obsessed individuals in and around the utility sector. Listen to professionals from global energy brands, smaller challengers, energy startups, energy associations and global brands in other sectors and discuss the present and future challenges of the energy sector.
The location of the event is not a coincidence, situated where the tectonic plates of North America and Europe meet – Iceland is the perfect place to host the discussion on branding energy utilities. The energy sector has been and is still to some degree, localised. Reykjavik provides a great setting for discussing the future of energy, being powered 100% by renewable sources and heated by the volcanic powers of geothermal energy. With direct flights from both coasts of N-America and most European countries – Iceland is just perhaps the most accessible exotic island in the world.