Marketing Tips that Matter - May 8, 2006

 
 

 

BRANDING YOUR COMPANY
Whether your company is comprised of one person or 100,000, it represents a brand. You don't need to be Nike or Target or Coca Cola to have a distinct brand identity. In fact, no matter how large or small your company, you must develop, nurture and market that brand identity.

Effective brand marketing begins with some information gathering. Begin by asking yourself these questions:

  • Who are my competitors?
  • How do I differentiate myself from the pack?
  • Who is my target market?
  • Why would a customer choose my product or service over the competition's?
  • What do clients value most about us?
  • What are our customers' main concerns (price, performance, reliability, service, quality, etc.)?

Once you've analyzed the information, you'll have a much better snapshot of your company, its target market and its core features.

Next, match your strengths with existing needs in the marketplace. For example, a carpenter discerns the need for painstaking, quality craftsmanship in the era of the "McMansion." He capitalizes on that notion in his marketing materials and successfully brands himself as the carpenter who cares. You, too, can nail down the brand image you want to project—then make sure it permeates every marketing piece you produce.

 

 
 
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