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How To Know When Your Brand Needs A Makeover
If your business isn't performing the way you'd like it to, you may be looking internally for ways to stimulate growth. One of the key areas to consider during this phase is your business branding. Your brand determines what impressions people will carry away when they interact with you online, in print, or in a store. But how do you know whether your brand is sending the right message? Look for these triggers that will tell you it's time to rethink your brand position.
1. Fundamental Changes to Your Business
As your business changes, be open-minded about corresponding changes to aspects of your branding which worked in the past, but don't anymore. Don't remain loyal to any one feature of your branding strategy at the cost of reducing overall effectiveness.
2. Business Growth
Small businesses market themselves differently than large businesses do. If you've grown significantly, take the time to research your market in order to determine what new strategies should be incorporated into your branding efforts.
3. You Don't Feel Comfortable with Your Brand
Maybe you rushed through the branding ...
... phase initially or maybe you settled for someone else's ideas. Whatever the case, don't settle for a brand that doesn't communicate your vision for your company.
4. Your Target Market Doesn't Relate Well to Your Brand
Let's face it. You can't market clothing to teens the way you would market to their parents. If you're trying to sell to a market that views you as out of touch with their needs and desires, then it's time to rethink your strategy.
5. Your Target Market Has Changed
Maybe your branding strategy initially catered well to your target market of 18 to 29 year-olds, but now you've altered your product line to target 13 to 17 year olds. If your target market has changed, your brand will need to change too, or you'll fail to reach them.
6. Culture Has Changed
The Coca-Cola company excels in reaching their target market in places most brands will never reach. But their branding strategy today, no matter which continent you're looking at, is not the same as it was in the 1950s. In order to effectively reach your target market, you've got to adapt your brand as the culture adapts so that you continue to offer relevant marketing messages.
7. You've Changed Your Unique Selling Proposition
Your unique selling proposition should set you apart from your competition in a meaningful way. If you've recently revamped this element of your marketing campaign, your branding should reflect those changes as well.
Branding creates an emotional connection to your target audience, but that connection is only as strong as your brand is relevant. If you see any of the above triggers in your marketing strategy, you need to spend some time rethinking your brand in order to continue reaching your target market effectively.
Smart Image Media is a branding firm specializing in brand marketing strategy. Their sister company Smart Wrap offers Phoenix vehicle wraps as well to further enhance your brand awareness
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