A 'brand idea' is the message that companies communicate to the marketplace about their products and services. Companies control the message they deliver, but have little or no control over its perception by the marketplace.
Immures goal is to ensure that: Company Brand Idea = Consumer Brand Perception
REMAINING FOCUSED One of the biggest challenges that companies face is maintaining a constant brand idea, that is, communicating the brand consistently and effectively across multiple mediums such as television, print, internet etc.
It is important to focus on a single brand idea that can be reinforced by repetition. This allows customers to not only develop a firm understanding of your brand, but more importantly to remember your company or product when it comes time to make a purchase decision.
Confusion is a brand's worst enemy.
A brand idea must remain focused to deliver a single message to ensure the meaning is never lost. Sometimes it is best to keep things simple!
BRAND DELIVERY Ineffective brand delivery leads to miscommunication of your company's core message and values, eroding any goodwill you may have in the minds of existing and potential clients.
Focus on the quality of your branded message as it may be more effective than the quantity. With so many potential delivery mediums, it has become increasingly vital for companies to establish a consistent brand idea. Poor execution in one medium effects the perception of the brand as a whole.
Traditional avenues of delivering the brand idea are becoming ineffective and costly. This is due to consumer awareness of competing products and the over stimulation of advertising in the market, especially on television. It is necessary for companies to be innovative in the way they place their brand in the market place, ensuring a strong point of difference from competition.
BRAND LOYALTY Good branding is an investment that when executed correctly, ensures your company is 'top of mind' when an existing or prospective client is considering a purchase in your chosen market.
This attracts and maintains customer loyalty, and works as your best defense against competitors and those targeting your clients.
REBRANDING & BRAND DEVELOPMENT establish a 'brand plan' for your company and/or product that outline future brand directions with the potential to cater for change in the market place. It is important to continually revisit the brand to revitalize and strengthen it, but remember, too much change can be threatening or confusing to the consumer.
It may take years to establish a brand but it can take seconds for the meaning to be lost. To quote Jack Trout (author of Big Brands Big Trouble):
"Remember the Titanic!"
It is imperative that companies evolve their brand position, differentiate themselves from their competitors and invest quality time on being innovative.
LEVERAGING BRAND RELATIONSHIPS Establish working relationships with complementary companies for brand leverage. Associations with other credible brands can assist in reinforcing your brand idea.
An example of this is when Immere assisted New Idea with point of sale branding for a joint promotion with Bosch and Channel Seven's The Auction Squad. Each brand offered something unique and complementary, building on the credibility of each brand's history to ensure the success of the promotion.
It is important when considering working with other brands that a careful eye is kept on maintaining the individual brand ideas. Leveraging other brands is a fantastic way to enter new markets or gain further exposure for your brand, but it is pointless if it confuses or conflicts with individual company brand ideas.
Business To Business Branding
The Company Brand is a characteristic way of telling your customers what your company is about and what you can do for them. It's carefully designed to be memorable and to catch people's attention. It could be the logo itself, tag-line, slogan - or any other related advertising. Brand is just as essential for large corporations as it is for little companies. However, the course taken by these two choices is quite different, mostly owing to the cash constraints that the smaller companies usually deal with.
We generally associate brands with large companies, but keep in mind, a carpenter posting up small pieces of paper showing how and where someone can contact him is also a branding method. So, we can clearly see that branding is not a privilege reserved for the large scale organizations, because even businesses operating at a very small scale can easily start building a brand. However, you should be cautious about choosing an identity too quickly, and when really considering a prospective logo seriously - test it out, and make it familiar with as many people as possible prior to investing any substantial amount of money into it. Also, hiring a professional to help you with the branding process will usually be a smart move. For instance, building a website and blog or participating in various local business events are all very effective options which can greatly help you with your branding process. So, developing a brand is just as much a realisable endeavour for small organisations as it is for their large company counterparts.
Though market penetration is commonly taken as a synonym for truly effective branding, it should be realised that the number of individuals who know a brand at a glance is just one part to be pondered when discerning whether or not you've got a great company brand.
Associations with the people we regularly deal with as part of our business directly contribute to the building of our brand. We all have in our neighbourhood a family business which has been running since - we can't even remember, and it hasn't only survived, but thrived. This is possible because of the long lasting interactions which have been developed in their communities. So, a business such as this example is no less exceptional than a large-scale counterpart in terms of truly successful branding.
To conclude, building a brand is not about trying to make every person on this planet know your logo by sight, but bringing to perfection every possible business related act, right from the way you take an order to the packaging of a box. These things may need some changes, specifically in the way in which your organization operates - but once completed, your organisation will leap forward towards a branding success. Small businesses need to break the mould relating to the concept of branding, and make use of every advantage to the fullest. The fiction that "building a brand requires lots of money" and the notion that "large scale market penetration is synonymous with branding" are both ideas which have to be conquered if a top-notch branding success is to be realised.
Both Amandeep Sandhu & Alan Gillies are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Amandeep Sandhu has sinced written about articles on various topics from About Branding, Credit Cards and Real Estate. Did you find this article useful? For more useful tips and hints, points to ponder and keep in mind, techniques, and insights pertaining to branding business, do please browse for more information at our websites.www.infozabout.comwww.brandingbusiness.. Amandeep Sandhu's top article generates over 450000 views. Bookmark Amandeep Sandhu to your Favourites.
Alan Gillies has sinced written about articles on various topics from About Branding, Fitness and Marketing and Communications. Alan Gillies is the Managing Director of the L2L Group. He specialises in supplying Executive Coaching, Training and Consultancy Services to Businesses across the World. Want to find out more about these comprehensive business building success strategies?. Alan Gillies's top article generates over 9900 views. Bookmark Alan Gillies to your Favourites.
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