In Brandchannel’s article celebrating the success of top Nordic brands, it’s excellent to see that this part of the world is not forgotten. Although, I am disappointed to see that Denmark doesn’t really get much individual attention. There’s much more to Danish business than Novo Nordisk and LEGO! But Barry Silverstein is probably right in concluding that Sweden takes the honours as the top Nordic provider of international brands.
Silverstein talks about some powerhouse brands that have demonstrated what can be done with the right combination of determination, vision, business skills, world-class marketing and, of course, luck. There’s no doubt about the quality of design, technical skills and business nouse that Scandinavians can bring to their brands. But does anyone else realise this? Underneath the top performers, there is a whole layer of brands that have so much potential, but have yet to fulfill.
One thing that stands in their way is their ability to find and tell the compelling story that resonates with audiences around the world. Too often, the stories are overshadowed by misplaced modesty, inappropriate messages and technical specifications.
From my own intimate knowledge of Danish business, and years of gathering impressions about Danish brands from people around the world, I see a big gap between what Danish, and perhaps Scandinavian brands as a whole, can actually deliver, and what others think they can deliver. Many brands are in the fortunate position of being able to deliver much more than they promise. So if this gap can be closed, not only will more Nordic brands rule, but the region could become a true international commercial center of excellence.