As inspiration I will take some words from an advertisement in an in-flight magazine I read on a VLM flight last week. In the advertisement new brand agency Korero say “We make sense of our world and our place in it through stories. It’s the same in business. Your brand story is the core idea or truth behind who you are as a company. A good story stirs the soul, makes the complex simple, inspires your customers and encourages them to connect with you…” For sure there is marketing speak in the statement, but is the core of it not true?

Companies that engage with social media (the blogs, the forums, the personal web sites) can understand the stories that surround their brands and create new ones that breathe life into their products and services. In a way not just measuring and monitoring conversations but listening and writing (rewriting) stories.

In practical terms stories about companies can often come from the employees themselves, company bloggers discussing what it is really like to work there or giving their take on the products and services from the company. As an example when Robert Scoble wrote from inside Microsoft you got a better sense of what it was like to work there, the humanity of day to day at Microsoft, when the image had been “Borg like” in the past. Other sources will be satisfied and dissatisfied customers, suppliers and retailers telling stories about their experiences about services and products.

It seems clear that the propensity to tell stories will be connected to the emotional impact the brand creates and intuitively some brands find it easier to create a “story telling” environment. Also brand value can often be shaped by shifting consumer demand or factors beyond a company’s control. BUT, there is real value in knowing what stories surround a brand, stories that are difficult to replicate and because of this, offer real and sustainable uniqueness, an attribute so difficult to find in today’s business world.