Purpose. Why you are there contemporized relevance! The
most successful brands are inclusive, include values greater than themselves. A
lifestyle, a philosophy, an emotion a point in time today that means “ better
for you and better for all”.
A story. Most
major brands have a story. Examples: if you like Ford vehicles, you might be
familiar with the story of Henry Ford or if you love your Nikes, you probably
know how the Nike swoosh logo was created.
Consumer
interaction.
When your
business is first starting out, don't fool yourself into believing that your
marketing efforts are 'brand building'
efforts. They're not because to build a real brand, you have to have an
extensive track record with consumers. Consumer will build the brand and the
story for you.
Trust. When you've
consistently delivered for your customers long enough, you'll gain the type of
trust that many brands have. Would you
buy a Toyoda today? Maybe so, but how long do they have to rebuild that trust?
Consistency. When a consumer
chooses a product or service because of brand association, he or she is buying
an expectation. Perhaps it's the expectation that the branded product is of
higher quality or that the service will be provided in a more efficient manner.
The expectation must be met time after time.
Differentiation. Expectation is often
borne of differentiation. Many brands offer products and services that are
commodities but they're successful in developing some differentiation for their
products and services that consumers are sold on.
Imitators. Imitation is the sincerest
form of flattery and you're probably not a 'brand' until you have competitors
trying to copy you. Do what you do best and lead your niche don’t follow.
Market
leadership Top
brands are usually looked at as leaders in the markets they compete
in. Own the space, and understand why you do.
Grow The best
brands are flexible and capable of reshaping and reinventing
themselves and their messages over time. Consumers are not static! Your brand must be dynamic and grow, change
and adapt over time.
A strong
marketing presence. The information super highway
is evolving; your message must follow the traffic. Don’t get stuck on the road less traveled.
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