If you own your own business - Listen Up!
The market place is very competitive as well as unstable and right now is not the time to leave anything to chance when it comes to insuring your businesses success.
The market place is very competitive as well as unstable and right now is not the time to leave anything to chance when it comes to insuring your businesses success.
The Importance Of Branding - When Your In Business
A Good Brand will add zeros to your bottom line.
In business it is so important to move beyond just promoting a product or service, you need to have a higher mission and goal. In times of uncertainty having a inspirational and motivational reason behind your business that motivates people to take action despite fear - that is a brand!
What is a brand?
According to the American Marketing Association a brand is "a name, term. sign, symbol or design or a combination of them intended to identify the goods and services of one sell or group of sellers and to differentiate them from those of other sellers."
Wiki says - "A mark used to identify an identity."
In business your brand is YOUR promise to your customers/prospects of how you can help them fix, accomplish or avoid something that they are seeking resolution to.
In business it is so important to move beyond just promoting a product or service, you need to have a higher mission and goal. In times of uncertainty having a inspirational and motivational reason behind your business that motivates people to take action despite fear - that is a brand!
What is a brand?
According to the American Marketing Association a brand is "a name, term. sign, symbol or design or a combination of them intended to identify the goods and services of one sell or group of sellers and to differentiate them from those of other sellers."
Wiki says - "A mark used to identify an identity."
In business your brand is YOUR promise to your customers/prospects of how you can help them fix, accomplish or avoid something that they are seeking resolution to.
How important is a brand?
Your brand is directly linked to your bottom line! You can not blend in with the crowd and expect to achieve any kind of notable success. A strong brand is priceless is the intense fight for customers and profits in the market place. With technology at our fingertips, potential customers can Google a product/service you offer and find a list of hundreds of competitors they can choose from so if you have not shown them why you are not just the obvious but the only choice, you are loosing sales every minute.....
How To Of Branding Your Business
Branding is one of the toughest steps in the marketing plan process. It is important to spend time and effort in investing, researching and building your brand. It is the foundational piece of your marketing communication with your target audience and something you don't want to be with out.
Where to start:
1- know what your objective is
2- know exactly who your target audience is
3- answer your prospects #1 question - "What's in it for me?"
Moving beyond just your product's features is where you venture into a strong brand. Understand that there is a significant difference between features vs. benefits. Benefits is all that your prospects/customers care about.
Making a strong brand:
1- have a cohesive thread on and offline in all of your marketing
2- find your unique voice
3- become an expert on your market
Consistency is the key, no matter who lands on your trail from where they can always follow it back to you! You can't sing with a choir and expect to get a contract as a soloist, find a message that leaves your competition in the dust and sing it in a key that drowns out your competitors. To succeed in branding you must know and understand the needs & wants of your customers and prospects. Knowing as many intimate details about your target audience; wants, needs, fears, habits.. will only strengthen your brands effectiveness.
As a consultant I have consulted hundreds of business independents in a variety of industries all promoting diverse products and services to achieve higher levels of success and increase profits substantially. I invite you to Attend my free Branding your BusinessWebinar
Where to start:
1- know what your objective is
2- know exactly who your target audience is
3- answer your prospects #1 question - "What's in it for me?"
Moving beyond just your product's features is where you venture into a strong brand. Understand that there is a significant difference between features vs. benefits. Benefits is all that your prospects/customers care about.
Making a strong brand:
1- have a cohesive thread on and offline in all of your marketing
2- find your unique voice
3- become an expert on your market
Consistency is the key, no matter who lands on your trail from where they can always follow it back to you! You can't sing with a choir and expect to get a contract as a soloist, find a message that leaves your competition in the dust and sing it in a key that drowns out your competitors. To succeed in branding you must know and understand the needs & wants of your customers and prospects. Knowing as many intimate details about your target audience; wants, needs, fears, habits.. will only strengthen your brands effectiveness.
As a consultant I have consulted hundreds of business independents in a variety of industries all promoting diverse products and services to achieve higher levels of success and increase profits substantially. I invite you to Attend my free Branding your BusinessWebinar
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