3 Simple Exercises for Planning Your Branding Strategy

ID-100199533Has your company spent any time in the past developing your unified brand strategy plan? Brand is a popular buzzword in the marketing industry, but many people don’t really know what it means.

Your brand is the experience customers have when doing business with you. Customer experience is vital to your long-term success.

In addition to creating a brand strategy plan, it is often necessary to revisit it regularly to see what direction things are moving in. This will help your brand remain relevant, consistent and forward-thinking.

To evaluate or reevaluate your brand, consider asking the following questions. Your answers can help you direct the planning and future marketing efforts needed to grow your business and achieve more success.

1. How did the brand come to be? – What made you establish the brand in the first place? Or if you don’t own the company, what was its history before you came on board? What motivates the brand and how does that come across with regard to the products and services you offer?

When you understand what sparked the brand in the first place, you can capture some of that and find ways to continually invent it as you move forward.

2. What makes the brand special? – Another way of looking at this is to think about what your brand offers that no other can claim. In order to have your brand noticed, there must be some unique selling point.

You might want to carry out what is called a SWOT analysis. SWOT stands for “Strengths, Weaknesses, Opportunities, and Threats.” By making a list of each of these where your business is concerned, you can begin to address issues and improve on areas that need it. You can also see what you are doing right and bolster those efforts to reach more customers and drive sales.

Only when you know what makes your brand special can you begin to create and communicate messages to your audience that are compelling.

3. How is the brand perceived? – Brand research is necessary to figure out what people think about your company. Often when you are in the middle of things, it is difficult to have true perspective. An outsider will always have a different way of seeing your brand.

This type of data that tells you how your brand messages are being received and whether or not consumers understand what you are trying to say. If there is confusion on the inside of the brand, there will always be confusion with consumers.

Sometimes it is necessary for marketing pros to take a step back and get a better understanding of the strengths and weaknesses at hand. This will help to figure out the opportunities that lie ahead so you can drive your brand forward.

You might like this other post on: How to Create Brand Messages That GET NOTICED

Our team at Loud Media Solutions knows how brand marketing can affect your business and we can help you take advantage of your social reach to convert!

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Oliver and Sam
Co-Founders and Branding Experts
Loud Media Solutions

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