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Are You Brand Worthy?
Branding is one hot topic, although it is wildly misunderstood. To make things even more confusing, branding is often tossed in the same basket as marketing which makes its application to an entrepreneur or sole-practioner even more unclear.
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Gifts that Carry a Marketing Message
When we decide on a price for our products and services we have established our chosen profit margin. As part of that process we figure in the cost of marketing, but this figure does not always include purchasing gifts for our clients. Gifts are...
How to become an expert in your niche business.
What is a niche business? A niche business is one that caters to the common needs and interests of a focused group of people. For instance, people who play golf forms a niche market and people who are golf instructors form an even tighter and...
"How To Create Your Own *24/7 Little Sales Machines* In 5 Simple Steps"
Here's an astonishing fact guaranteed to excite you...
Many successful internet gurus like Terry Dean and Yanik Silver became that way by branding and advertising themselves aggressively through ezine advertising.
Ezine advertising is...
How To Get Your Contact Details Across: When The Organisers Won’t Let You
Have you ever spoken at an event and they won’t allow you to give your details? Have you gone on the radio and they forget to announce where you can be contacted?
If your contact details are left out or if you’re prevented from giving...
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Growing your Company in today's Chaotic Market!
I think we've all heard enough bad news to last us few months to last us several lifetimes! Our mantra for clients is "get over it" - cut your losses when where you can and focus on the basic building blocks to grow your business. Here are some fundamentals we recommend to any company that wants to survive and grow in this chaotic market:
1) Practice maniacal focus! Who is your customer, how do you reach them with your advertising, partners, channels and/or OEMs? If you can't readily identify these benchmarks, then you may need to take a hard look at look at your business structure, personnel, costs of good/services, etc. and rework your model.
2)Outsource and build virtuosity into your company. We tell clients to minimize fixed costs like the feudal barons of old – they kept a core group of fighters to man the garrison walls and hired (outsourced!) conscripts when the baron from the next door came calling at the castle gates with a legion of longbows behind him to exact tribute. Marketing, finance, HR, IT infrastructure, even product development or manufacturing can be easily outsourced to specialists who have levels of proficiency that you might not be able to afford if you tried to hire them full time.
3)Flex and tier your pricing creatively to minimize barriers to entry. If chaos is the order of the day (and we think it is) then make sure your pricing is tiered or structured so your clients can afford to try out your products and services – and be flexible in your negotiations and look for creative ways to bring new customers aboard.
4)Make your suppliers real business partners! Fed Ex and UPS are setting up shop in their customer's shipping docks to save valuable time and money and become active business partners. You may not have the clout of a Fortune 1K company/behemoth to leverage Fed Ex but you can ask your suppliers to extend terms, work with you on just in time delivery schedules or get creative with pricing, joint promotions, etc.
5)Ensure your marketing fundamentals are up to snuff! We see so many sloppy web sites that do not address the basic fundamentals of good site design, menus, UI, etc., brochures that are out of date, power point presentations that are barely legible, etc. – basic marketing principals should be addressed; i.e. integrate your color scheme and logo across all marcom materials (digital and traditional), reinforce your branding and positioning with clearly worded value propositions ("we save you X by doing Y") and
ensure your logo and tagline look professional and are used properly.
6)Create and deploy credible PR that isn't full of fluff; i.e. "market or cost leadership, best of breed technology, leading provider of …, high-performance, etc.; don't use terms any editor sees hundreds of times a day! Create PR that is original and truthful - you will stand out from the crowd much better.
7)It's truly a Global Market! Position your company so you can work with customers all over the world - if you don't have the resources or personnel (see two above) then partner with a local reseller, dealer or distributor who has an established presence in a country or market which you can't serve via your corp/home office.
8)Don't waste time chasing venture capital – fund your company creatively! Venture capitalists are busy today trying to save their existing portfolio of ".bombs" so don't waste a lot of your time contacting them! Be creative, talk to friends and family about investing or look to your suppliers to give you extended terms in exchange for a long-term contract, discounted parts, etc.
9)Leverage technology to help you grow your business. A good web site should answer questions for your customers, not leave them frustrated and confused – make sure you address fundamentals with an FAQ (Frequently Asked Questions), or even setup instant messaging via any number of chat technology providers so people can anonymously ask your sales or c/support personnel questions while they are on your web site.
10)Ignore marketing hype and concentrate on technology that really works. Tried surfing the web via your cell phone and finding a hot bistro in a new neighborhood recently? I hate to pick on this technology du jour, but it rates high on my "hypeometer" at this moment in time. There is a reason why opt-in e-mail advertising is the one of the best ways to reach a target market – its virtually instantaneous, is 24/7 in most cases, very targeted, provides global reach, and drum roll………it really works!
ABOUT THE AUTHOR
Lee Traupel has 20 plus years of marketing experience He is the co- founder of a Northern California and Brussels Belgium based, privately held, Marketing Services and Software Company, Intelective Communications, Inc. http://www.intelective.com Intelective focuses exclusively on providing services to small to medium sized companies that need strategic and tactical marketing services. He can be reached at Lee@intelective.com
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Brand - Wikipedia, the free encyclopedia |
The brand, and "branding" and brand equity have become increasingly important ... From the perspective of brand owners, branded products or services also ... |
en.wikipedia.org |
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Branding - Wikipedia, the free encyclopedia |
Livestock branding, the marking of animals to indicate ownership; Human branding, ... Retrieved from "http://en.wikipedia.org/wiki/Branding" ... |
en.wikipedia.org |
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AllAboutBranding.com : Home |
Provides resources and opinions on branding. Includes brand development, management and communications. |
www.allaboutbranding.com |
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brandchannel.com | branding resource produced by Interbrand | brands |
An international online exchange and resource about brand marketing and branding. |
www.brandchannel.com |
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Branding Company Corporate Branding Internet Brand Identity ... |
Brand Identity Guru Inc. creates, develops and promotes powerful brands. Our clients enjoy an array of innovative, creative and powerful branding solutions ... |
www.brandidentityguru.com |
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Branding Blog |
Branding and positioning news and opinion. |
www.brandingblog.com |
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Branding Asia |
Free articles, news and columns on branding in Asia. Market research and Asian marketing. |
www.brandingasia.com |
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Pages tagged with "branding" on del.icio.us |
All items tagged branding ??? view popular ... industrie./design and branding consultant specialists./ · save this. by kittim to design branding graphic ... |
del.icio.us |
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The Brand Called You |
Big companies understand the importance of brands. Today, in the Age of the Individual, you have to be your own brand. Here's what it takes to be the CEO of ... |
www.fastcompany.com |
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Branding: See what people are saying right now on Technorati |
See all blog posts tagged with branding on Technorati. |
www.technorati.com |
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Mozilla Branding |
The purpose of this document is to describe mozilla.org's branding strategy during and after the release of what has generally been called Mozilla 1.4. ... |
www.mozilla.org |
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What Brand Are You? A branding viral by The Design Conspiracy |
What Brand Are You? has since been picked out as Site Of The Day by the likes of the Financial Times, Yahoo, USA Today and BBC News, and has received more ... |
www.whatbrandareyou.com |
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Julie & Company: Affordable branding, web design, graphic design ... |
Julie & Company creates stellar branding, integrated marketing, advertising, web design, web development, Flash, trade show booths - all at affordable ... |
www.julieandcompany.com |
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Forty Media - Web Design, Web Development, Branding, Great Websites |
a professional web design agency based in Phoenix, Arizona. |
www.fortymedia.com |
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Branding - Yahoo! Small Business |
Find information to help grow your online business with business plans, Thomas Register, news articles and more. |
smallbusiness.yahoo.com |
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Lexicon |
Lexicon Branding appears on KTVU News; Lexicon Branding creates Ridgeline for Honda, Viiv for Intel, and GameTap for Turner Broadcasting System, Inc. ... |
www.lexicon-branding.com |
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Branding and Usability |
We're finding that a site's usability can dramatically affect branding. ... There are two basic techniques for branding: direct experience and indirect ... |
www.uie.com |
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iMedia Connection: Research & Metrics - Branding |
Majority of marketers feel branding opportunities -- online and offline -- aren't ... IAB case studies prove real-world power of online in branding mix. ... |
www.imediaconnection.com |
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Small Business Marketing And Branding |
Small business marketing and branding advice and how-to guides for small business owners. Learn how to start and grow your own successful business. |
smallbusinessbranding.com |
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Beyond Branding |
Beyond Branding, published in hardcover in 2003 and paperback in 2005, presents innovative business models for the survival of 21st century organizations. |
www.beyond-branding.com |
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