Monday, November 26, 2012

Brand to Expand Your Business


If you have been following my blog, you can see that I'm well into my 90-day Marketing Makeover. I have reworked my marketing plan as well as defined my target market and feel confident to move on in the process to review my company branding.

Again, your niche has to be fine-tuned and well-defined before you can brand your company. Marketing Expert, Beverly Cornell-McGlynn, in our 2010 M3 radio interview, asks the question, "If your business brand was a person, what would he/she look like?" http://bit.ly/UXhDKZ

According to www.entrepreneur.comthe definition of “branding” is “the marketing practice of creating a name, symbol or design that identifies and differentiates a product from other products.” Sounds simple enough but what does this mean exactly?

A memorable brand starts with your company logo. Do you have a logo that is old and outdated? Does it convey the proper image you want to present to your target market? One of the best investments you can make in your company is to enlist the help of a professional graphics and design company to create your logo and company image.

In a 2010 M3 interview, Linda Kleist, Marketing Director at Identity Graphic Design, points out that your logo can help or hinder the business, as it is the first impression that you project into the world. It comes from who you are, who you want to be and who people perceive you to be. It is the "it" factor" that sets you apart from your competition.  http://bit.ly/TpExhX

After you have that symbol that reflects your business, the logo and brand will then carryover into your promotional materials such as business cards, brochures, website, blog, social media pages, etc. In our interview, Diane Krueger, the Brand Identity Artist at Contagious: Cure of the Common, goes into more detail. http://bit.ly/V2xXua

Coca Cola, Nike, McDonald's, Craftsman are just a few of the most famous and easily recognized brands. Because they have built powerful brand recognition, when stacked up against their competition, they can charge more for their products and consumers will happily pay that higher price. When your brand is consistent and strong, it brings added value to your company's products and services that raise you above your competition, especially a company that may not have invested in the strategic branding of their company.

Once we have the logo and brand in place, we can move on to getting the word out about our products and services. 

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