Brand development & positioning

 

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Does your business stand out from the competition?

 

Every business wants to be a customer's first choice. And building and managing a brand plays a significant part in making that happen.

 

Having a brand can differentiate your business from your competitors and drive customer loyalty. Brands give potential customers a firm idea of what they're buying before they buy it, making the purchasing decision easier. And existing customers trust strong brands because they know what to expect.

 

Branding isn’t just for multi-nationals with huge budgets - branding can make smaller businesses stand out from the crowd, particularly in competitive markets, by understanding how their business works, what it means to its customers and acting on the results.

 

If you want to create and manage a brand, you'll need to focus on what your customers want and how you can guarantee to deliver it. You'll need to be consistent in your service and every other point of contact customers have with you.

 

Creating a brand

Successful branding is about promoting your business strengths and ensuring that you can always deliver on that promise. This could relate to:

 

  • Particular skills - such as excellence in design
  • High-quality customer service
  • Providing the best value for money in your marketplace

 

Your brand strengths - brand values - must match the needs of your customers if your brand hopes to have any relevance. Having a strong understanding of both your potential and current customers underpins creating a successful brand.

Read more about understanding customers in our section on Market Research.

 

Building your brand

 

Once you've defined your brand values and your customers' needs, you can begin building your brand by consistently communicating your brand values. Every possible contact you have with a customer or potential customer must reinforce your brand values. This includes:

 

  • Your business name
  • Names you give your products or services
  • Any slogan you use
  • Your logo
  • The style and quality of your stationery
  • Product packaging
  • Your premises
  • Where and how you advertise
  • How you and your employees dress
  • How you and your employees behave
  • Your company website

 

If all these are consistently in line with your brand values, your brand will be strengthened. But if all of them aren't in line, your brand - and your business – could be seriously damaged. A brand makes promises to customers and if they aren't fulfilled, your customers will be far less likely to buy again.

 

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