Thursday, June 17, 2010

Definition of Branding and the advantage of Branding Strategy

Definition of Branding and the advantage of Branding Strategy

Sourcing from The American Marketing Association (AMA) has defines a brand as
a "name, term, symbol, style or design, or a combination of them intended to identify the goods and services of one seller or group of sellers and to differentiate them from those of other sellers.

Because of that it sense to realize that branding is not about getting your target market to choose you over the competition market, but it is about getting your prospects to see you as the only one that provides a solution to their problem in market.

The Goal that a good brand will achieve include are:
Connects your target prospects emotionally tends to

* Motivates the buyer
* Concretes User Loyalty
* Delivers the message clearly
* Confirms your credibility
* Connects your target prospects emotionally

To succeed in branding you must understand and know the needs and wants of your customers and prospects needs. You do this by integrating your new brand strategies through your company at every point of public contact.

Your brand resides within the hearts and minds of customers, prospects and clients,. It is the sum total of their experiences and perceptions, some of which you can influence, and some that you cannot and always think that the customer is a real king.

A strong brand is invaluable as the battle market for customers intensifies day by day. It's important to spend a lot of time investing in researching, defining, and building your brand. After your entire brand is the source of a promise to your consumer. It's a foundational piece in your marketing communication and one you do not want to be without.

No comments:

Post a Comment

Does the website provide useful Information?