Branding & Marketing Strategies
Building Your Brand
Branding should be unique, understandable and consistent.
What you want to see is that the product, service or any other items that your business offers during branding process be positioned as a unique value in the market. You should create clear and consistent messages to reveal what lies in the heart of such unique value.
These should be based on your marketing strategies and goals. The way to convey such messages is not only the ads and promotions you provide, but also your interaction with the customers as well as the prices and customer services you offer play an important role in this process. Branding is supported by means of the website, markers and logos as well as published materials of a business.
Everything that a business does also influences how customers perceive and assess that business.
The Question Card for a Strong Competitive Advantage in the Market
What are my Key Competencies? What is the thing that I do better than my competitors do?
Are my products or services the best of all in the market?
If so, why? And if this is not the case, why?
In which markets or niche markets can I offer better service than any other competitors?
How efficient is my distribution or delivery method?
How can I develop my organisation’s efficiency?
Which unique product or service can I develop?
Areas of Competitive Advantage
For a Distinguished Brand
A Unique Way for Meeting Niche Market Needs
Brand Recognition in the Market
Patent or Proprietary Knowledge Ownership
Customised or registered software or technology
Patents or Trademarks
Highly skilled and creative staff
A prestige based on quality and innovation
Access to scientific resources
Competencies
Investment on production or equipment
Expertise in designing
Access to less expensive production materials
Continuously-repeated manufacturing processes
Effective distribution channels
Effective recruitment practice and effective operation and production systems
Modern equipment and technology
Strategic partnerships with the customer