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July 14, 2005
I'm too small to consider branding...
That's an opinion I've heard a lot, both from start-ups and companies hoping to reach a new level of growth.
But in truth, just the opposite is true.
Establishing a brand is a discipline of focusing and crystallizing your mission, message and markets.
Once you've developed a differentiating brand, you have established a consistent image and message so fewer impressions are required to penetrate the collective conscience of your precisely-targeted markets.
And if you've concentrated on differentiating your business/product/service from competitors, you've made a statement of significance that will be appreciated, and perhaps virally passed on by customers and prospects alike.
With a unique and significant brand, your customers will be better able to refer you to others because they will know why you are different and better than competitors. Your name will be top-of-mind to those you've targeted.
So why do so many believe only big companies can profit from branding? Because large companies have big budgets to promote the brand. But if the brand is targeted and consistent, a small company can make their markets aware of the brand with no additional promotional efforts than they now apply.
It's been said that competitors can duplicate a product, but never a brand. That's food for thought.
Martin Jelsema
Signature Strategies
Helping smaller companies profit from the power of branding.
www.signaturestrategies.biz
Posted by Martin Jelsema on July 14, 2005 | Permalink
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Comments
I agree with you 100% - I'm coming from a home business angle, and I get the impression that branding is barely on most people's radars.
There's more to branding than just a nice logo. And that's one area I'm trying to push at my blog ... working on developing a brand for even the smallest of small business.
Posted by: Martin | Jul 27, 2005 9:15:25 AM
I would argue that logo has very little to do with brand. A great logo can help, but brand is the word of mouth and buzz you build about yourself, your product or your service.
Brand is what sticks in people's minds about you. Word of Mouth sticks better than most logos.
Posted by: Buzzoodle | Jul 29, 2005 9:03:34 PM
Spot-on, Martin!
Personal branding, micro-branding, positioning, Brand You -- WHATEVER they may be calling it *this* week -- has never been more important.
Steps to personal branding can be as simple as the way you answer your phone, a vanity license plate, the book reviews you post on Amazon, or those crazy ties you wear to business meetings.
However, be true to your *real* image, a false branding attempt put on as an affectation will be as obvious and obnoxious as the aforementioned ties. Remember the words of Emerson -- "What you do speaks so loudly, I can not hear what you say."
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