- May 12, 2017
- Posted by: david
- Category: Internet Marketing and SEO Tools
With all the hype about successful branding as part of your marketing campaign it’s important to delve into the steps involved in successful branding. For starters, what exactly is branding? Branding is a promise that you relay to your customer about who you are and what they can expect from you. A brand will familiarize yourself to your customers and distinguish your products from its counterparts. Branding sends your message to your clientele. Are you creative with new products debuting on a monthly basis, or are you consistent with the same products producing them to perfection each time? Are you the low price, great value or the pay for what you get options? Since you can’t be all, the ideal is to focus on your targeted customer base and build from there. As discussed in a previous blog your logo is your brand foundation; it communicates what you stand for. All your products, advertisements, web pages, etc should display your logo, though not more than once. Less is definitely more.
Brand definition is crucial to the success of any marketing campaign. Defining your brand is a an introspective process which necessitates taking a few steps back and work to provide answers to a couple of basic questions such as: Company mission, The benefits of your products, How customers and potential customers currently view your company, and What qualities would you like to be associated with your business. The process in answering these questions is a wholesome process, entailing deep research into your company, products and the minds of your targeted audience. But once you have amassed the necessary knowledge you can create a brand defined by all the qualities you and your customers alike desire.
To create a brand from nothing is quite difficult. It is important to have some sort of mission statement or brand strategy in place to keep you focused on your end goal. Included in your brand strategy is whom you want to target, how you want to target them, where you advertise, and in what venue (visually or verbally). Effective branding on a consistent basis in strategic places will lead you to a stronger brand worth, or brand equity. The increased value in your products based on the value your brand now has will allow you to charge more for your products than the competitions unbranded items. An example would be Tide laundry detergent. The intrinsic value of the brand allows it to increase its prices, and customers are still clamoring to buy it over the other random but good laundry detergents found on the shelf.
Though the branding process takes a while to get off the ground due to the work involved, it is definitely worth the effort. Once you have creates a successful image for yourself any product you develop will be ensconced under the umbrella of your brand. Happy branding!