Airbnb’s Purpose

Link: CMO Momentum 2017: Airbnb reveals how to build a purpose-led superbrand - CMO Australia

Some wonderful stuff in this article. Here’s how their core values evolved. Notice the number of core values. It follows a trend of the lesser the more it can be remembered:

At the time of launching Airbnb, the founders came up with six core values that lasted for the first couple of years, she said. Just recently, these were toned down to four. The first is to ‘champion the mission.’

The other three mentioned are:

  • Be a host.
  • Be a serial entrepreneur.
  • Embrace the adventure.

On the role of employee in brand engagement:

Brands looking to become customer-led organisations need a clear purpose, Hassell said. And it all starts with employees.

About their purpose:

“At Airbnb, we have a clear and simple purpose: Creating a world where anyone can ‘belong, anywhere’. It is quite staggering when you actually unpack that a little bit, in terms of the level of that ambition, especially given today’s climate,” she said.

And on the importance of purpose:

“Purpose should unify actions when things are going well, but it should also unify actions when things are getting in the way or blocking your mission,” Hassell added.

An insightful read. Highly recommended.

What is a brand ideal?

Going through Jim Stengel’s book, Grow: How Ideals Power Growth and Profit at the World’s Greatest Companies, came across his definition of what a brand ideal is:

A brand ideal is a business’s essential reason for being, the higher-order benefit it brings to the world. A brand ideal of improving people’s lives is the only sustainable way to recruit, unite, and inspire all the people a business touches, from employees to customers.

What’s your brand ideal?

LINK: 5 Steps To Successful Purpose-Driven PR

Link: 5 Steps To Successful Purpose-Driven PR

Contrary to what most think, I believe purpose does not have to be set in stone. It needs to evolve. The article has a nice comment on this:

Throughout the course of business, you may even find yourself needing to tweak what your “why” is. It could be that your audience’s interest in what you have to say is waning. Perhaps you were never expressing it right in the first place. The challenge is to be constantly adapting to your environment, understanding where your customer’s values lie, and then aligning your purpose or cause to those values.