| Hub You |
Hubs | Hubbers | Topics | Request |
| #1 in Business | Subscribe Email Print |
|
You are here: Home > Business > Branding > B.U.I.L.D. A Great Brand |
|
Hub You - B.U.I.L.D. A Great Brand
Branding Yourself To Increased Profitability
more than a poorly developed product or service. In addition, organizations should
be quick to correct problems whenever they arise.Successful Realtors know the importance of branding their identities into the consciousness of the communities in which they live, like the big boys; Pepsi, McDonald's, Burger King, and other companies we know and have come to trust.Why is branding important? Think about it! When you want a soda do you buy an unknown off-brand just because it's cheap?Or, do you reach for a Coke? I'm a Pepsi guy myself, but you get my drift!And why do you do that? Because there's comfort in familiarity and you know what you're getting when you buy it.We spend mega bucks on name brand products just because we've been inundated with their D = Daring Top-flight brands have to be daring -- within reason. If aligned with an organization’s overall goals, risk-taking can be very beneficial. BMW is one example. The company wanted to reinforce its brand value with customers that are increasingly tuning out advertising. It picked an unlikely solution: short Internet films. The films, which began appearing in 2001, featured BMW cars and were produced by top directors like John Woo. BMW’s risk was rewarded by an 8 percent rise in its brand value between 2004 and 2005, as measured by Interbrand. Organizations should consider taking calculated risks to reinforce or reignite their brands. This might mean partnering with an organization in a different industry to achieve shared objectives. Being open to a little risk may reap great rewards. Building great brands requires know-how, creativity and a littl Returns Issues in the Consumer Electronics Industry Powerful brands are built, not born. A quick perusal of global marketing
consultancy Interbrand’s fifth annual ranking of the world’s top 100 brands clearly
demonstrates this fact. Released last summer, Interbrand’s listing illustrates the
value of having a disciplined and methodical approach to brand building. According
to Interbrand, the most valuable brands "focused ruthlessly on every detail of their
brands, honing simple, cohesive, [consistent] identities."It is estimated that returns cost the Consumer Electronics industry more than $10 billion annually, and although returns are unavoidable, it is essential that a means to capture the “true” reason for product returns be developed and implemented. Information obtained from the Consumer Electronics Association (CEA) indicates that over 60% of all returns reflect a reason code of “defective.”This seems quite high in light of the great expense and technology used by manufacturers of electronics in today’s market place. But let us for a moment examine the current method of gathering return information from the end consumer. In most cases when a product is returned a That’s a great insight, but where does that leave the small or medium-sized organization? Most do not have the resources to mount a comprehensive global branding campaign. Are there any methods employed by the "big boys (and girls)" that they could apply to their branding efforts? Fortunately, the answer to this question is yes. Simply put, for branding success think: B.U.I.L.D. B.U.I.L.D. stands for Big, Unrelenting, Intelligence, Love and Daring. Read on to learn more about this concept. B = Big The best brands are big -- and I don’t mean in resources. Rather, they take up a lot of "head space" by making an impact. When you encounter a big brand, you immediately know what it stands for. Take the restaurant chain Cheeburger Cheeburger. Now that’s a big brand. This fast-growing franchise’s focus is on serving good cheeseburgers the old fashioned way. This concept is reinforced in everything from the d?cor of their restaurants (fifties diner) to their menu (four different burger sizes with lots of cheese and topping options). Millions of people have embraced Cheeburger Cheeburger’s unique, fun-loving brand. New restaurants are opening regularly and Entrepreneur Magazine ranked Cheeburger Cheeburger as America’s number-one full-service burger franchise in 2003. U = Unrelenting Successful brands are unrelenting in their consistency. According to Interbrand, large companies achieve consistency by operating "as a single [brand] everywhere in the world." For example, the bank HSBC communicates the same effective message everywhere it operates: "The world’s local bank." Organizations of all sizes can achieve consistency by ensuring that they present a uniform image to all of their customers or constituents. Logos, letterhead, Web sites and other collateral materials should be similar. In addition, organizations should engage in activities that reinforce their brand. To use an extreme example, a not-for-profit specializing in Everglades clean-up should devote 90 percent of its efforts to this activity. People and potential donors will be confused if the organization suddenly begins touting itself as a healthcare insurance advocate. I = Intelligence To remain on top, powerhouse brands have to be intelligent. This is especially important in today’s high-technology world. One example of an intelligent brand is Coke, which Interbrand ranked number-one in overall brand value. Coke established its brand through traditional television and print (newspaper, magazine) advertising. Now, Coca-Cola has decreased its traditional advertising spending and moved toward new on-line and entertainment communications channels – partly through product placement. Smaller organizations can practice intelligent branding by exploiting new trends in how people consume information. For example, a mid-sized public relations firm wishing to reinforce its reputation for innovation and intelligent analysis might launch a blog or weekly podcast. L = Love Customers appreciate and reward brands that care about the product or service they produce. Much has been made of Apple’s canny use of MP3 technology to establish itself as a global leader in on-line music. However, another pillar of Apple’s success is the fact that the company clearly loves making innovative and quality wares. Everything from the design to the packaging of Apple’s products is well conceived. To establish a great brand, organizations should love what they produce and care about their customers or constituents. Nothing will undermine a brand’s value more than a poorly developed product or service. In addition, organizations should be quick to correct problems whenever they arise. D = Daring Top-flight brands have to be daring -- within reason. If aligned with an organization’s overall goals, risk-taking can be very beneficial. BMW is one example. The company wanted to reinforce its brand value with customers that are increasingly tuning out advertising. It picked an unlikely solution: short Internet films. The films, which began appearing in 2001, featured BMW cars and were produced by top directors like John Woo. BMW’s risk was rewarded by an 8 percent rise in its brand value between 2004 and 2005, as measured by Interbrand. Organizations should consider taking calculated risks to reinforce or reignite their brands. This might mean partnering with an organization in a different industry to achieve shared objectives. Being open to a little risk may reap great rewards. Building great brands requires know-how, creativity and a little Building a Unique Brand I don’t mean in resources. Rather, they take up a lot
of "head space" by making an impact. When you encounter a big brand, you
immediately know what it stands for.After you have targeted your core customer base, you can then focus on creating a statement of what your business truly represents, a branded identity that your customers can relate to. Your new identity will help them to understand, trust, and become loyal to your business. This will bring you a much higher level of success in return.Branding is one of the hottest buzzwords in business. But what is it? Branding is basically building consumer trust. It is offering an expected product or service and generating customer loyalty. Research shows that customers will be loyal to a brand. But branding doesn’t only apply to a product. A customer can be loya Take the restaurant chain Cheeburger Cheeburger. Now that’s a big brand. This fast-growing franchise’s focus is on serving good cheeseburgers the old fashioned way. This concept is reinforced in everything from the d?cor of their restaurants (fifties diner) to their menu (four different burger sizes with lots of cheese and topping options). Millions of people have embraced Cheeburger Cheeburger’s unique, fun-loving brand. New restaurants are opening regularly and Entrepreneur Magazine ranked Cheeburger Cheeburger as America’s number-one full-service burger franchise in 2003. U = Unrelenting Successful brands are unrelenting in their consistency. According to Interbrand, large companies achieve consistency by operating "as a single [brand] everywhere in the world." For example, the bank HSBC communicates the same effective message everywhere it operates: "The world’s local bank." Organizations of all sizes can achieve consistency by ensuring that they present a uniform image to all of their customers or constituents. Logos, letterhead, Web sites and other collateral materials should be similar. In addition, organizations should engage in activities that reinforce their brand. To use an extreme example, a not-for-profit specializing in Everglades clean-up should devote 90 percent of its efforts to this activity. People and potential donors will be confused if the organization suddenly begins touting itself as a healthcare insurance advocate. I = Intelligence To remain on top, powerhouse brands have to be intelligent. This is especially important in today’s high-technology world. One example of an intelligent brand is Coke, which Interbrand ranked number-one in overall brand value. Coke established its brand through traditional television and print (newspaper, magazine) advertising. Now, Coca-Cola has decreased its traditional advertising spending and moved toward new on-line and entertainment communications channels – partly through product placement. Smaller organizations can practice intelligent branding by exploiting new trends in how people consume information. For example, a mid-sized public relations firm wishing to reinforce its reputation for innovation and intelligent analysis might launch a blog or weekly podcast. L = Love Customers appreciate and reward brands that care about the product or service they produce. Much has been made of Apple’s canny use of MP3 technology to establish itself as a global leader in on-line music. However, another pillar of Apple’s success is the fact that the company clearly loves making innovative and quality wares. Everything from the design to the packaging of Apple’s products is well conceived. To establish a great brand, organizations should love what they produce and care about their customers or constituents. Nothing will undermine a brand’s value more than a poorly developed product or service. In addition, organizations should be quick to correct problems whenever they arise. D = Daring Top-flight brands have to be daring -- within reason. If aligned with an organization’s overall goals, risk-taking can be very beneficial. BMW is one example. The company wanted to reinforce its brand value with customers that are increasingly tuning out advertising. It picked an unlikely solution: short Internet films. The films, which began appearing in 2001, featured BMW cars and were produced by top directors like John Woo. BMW’s risk was rewarded by an 8 percent rise in its brand value between 2004 and 2005, as measured by Interbrand. Organizations should consider taking calculated risks to reinforce or reignite their brands. This might mean partnering with an organization in a different industry to achieve shared objectives. Being open to a little risk may reap great rewards. Building great brands requires know-how, creativity and a littl Media Planning And Buying For An Effective Advertising Campaign essage
everywhere it operates: "The world’s local bank."This article will explore the principles behind media planning. After all the research and strategizing has been carried out by a business the next stage they have to face is to start promoting what they are offering to their potential new customers.Certainly the most important weapon in any company's bid to reach those new customers is a well-conceived advertising campaign. It is therefore essential that they spend time planning it.When it comes to producing a well conceived media advertising planning strategy there are certain things that need to be looked at.Today there are a number of different ways in which a business can get their message Organizations of all sizes can achieve consistency by ensuring that they present a uniform image to all of their customers or constituents. Logos, letterhead, Web sites and other collateral materials should be similar. In addition, organizations should engage in activities that reinforce their brand. To use an extreme example, a not-for-profit specializing in Everglades clean-up should devote 90 percent of its efforts to this activity. People and potential donors will be confused if the organization suddenly begins touting itself as a healthcare insurance advocate. I = Intelligence To remain on top, powerhouse brands have to be intelligent. This is especially important in today’s high-technology world. One example of an intelligent brand is Coke, which Interbrand ranked number-one in overall brand value. Coke established its brand through traditional television and print (newspaper, magazine) advertising. Now, Coca-Cola has decreased its traditional advertising spending and moved toward new on-line and entertainment communications channels – partly through product placement. Smaller organizations can practice intelligent branding by exploiting new trends in how people consume information. For example, a mid-sized public relations firm wishing to reinforce its reputation for innovation and intelligent analysis might launch a blog or weekly podcast. L = Love Customers appreciate and reward brands that care about the product or service they produce. Much has been made of Apple’s canny use of MP3 technology to establish itself as a global leader in on-line music. However, another pillar of Apple’s success is the fact that the company clearly loves making innovative and quality wares. Everything from the design to the packaging of Apple’s products is well conceived. To establish a great brand, organizations should love what they produce and care about their customers or constituents. Nothing will undermine a brand’s value more than a poorly developed product or service. In addition, organizations should be quick to correct problems whenever they arise. D = Daring Top-flight brands have to be daring -- within reason. If aligned with an organization’s overall goals, risk-taking can be very beneficial. BMW is one example. The company wanted to reinforce its brand value with customers that are increasingly tuning out advertising. It picked an unlikely solution: short Internet films. The films, which began appearing in 2001, featured BMW cars and were produced by top directors like John Woo. BMW’s risk was rewarded by an 8 percent rise in its brand value between 2004 and 2005, as measured by Interbrand. Organizations should consider taking calculated risks to reinforce or reignite their brands. This might mean partnering with an organization in a different industry to achieve shared objectives. Being open to a little risk may reap great rewards. Building great brands requires know-how, creativity and a littl The Importance of the Follow Up Letter d its traditional advertising
spending and moved toward new on-line and entertainment communications
channels – partly through product placement.Something we talk about consistently with our coaching students is the importance of the follow up letter. However, the follow up letter is not limited to those who are operating a lease purchase business. Whatever type of business you are operating, after speaking with a potential client you should be sending some type of follow up correspondence. It could be a letter, a post card, or in some instances an email.I can’t count the number of deals we have gotten from a follow up letter we sent. The longest time to go by before hearing from a seller was 14 months, but we did hear from them. Why, because I sent a follow up letter and included my business card in Smaller organizations can practice intelligent branding by exploiting new trends in how people consume information. For example, a mid-sized public relations firm wishing to reinforce its reputation for innovation and intelligent analysis might launch a blog or weekly podcast. L = Love Customers appreciate and reward brands that care about the product or service they produce. Much has been made of Apple’s canny use of MP3 technology to establish itself as a global leader in on-line music. However, another pillar of Apple’s success is the fact that the company clearly loves making innovative and quality wares. Everything from the design to the packaging of Apple’s products is well conceived. To establish a great brand, organizations should love what they produce and care about their customers or constituents. Nothing will undermine a brand’s value more than a poorly developed product or service. In addition, organizations should be quick to correct problems whenever they arise. D = Daring Top-flight brands have to be daring -- within reason. If aligned with an organization’s overall goals, risk-taking can be very beneficial. BMW is one example. The company wanted to reinforce its brand value with customers that are increasingly tuning out advertising. It picked an unlikely solution: short Internet films. The films, which began appearing in 2001, featured BMW cars and were produced by top directors like John Woo. BMW’s risk was rewarded by an 8 percent rise in its brand value between 2004 and 2005, as measured by Interbrand. Organizations should consider taking calculated risks to reinforce or reignite their brands. This might mean partnering with an organization in a different industry to achieve shared objectives. Being open to a little risk may reap great rewards. Building great brands requires know-how, creativity and a littl How To Choose The Right Product To Begin Internet Home Business
more than a poorly developed product or service. In addition, organizations should
be quick to correct problems whenever they arise.Every company needs a product to sell. It is also the same with internet home business. You need a product to start up a home based business and start to work from home. I categorized three different type of product.1. Digital Product. It is very easy to build and very popular among the Internet. We don’t have to keep product stock. We only have to create or pay someone else to create our product. Some product that we can describe in computer related product are e-book, software, picture, movie, song, audio, and web related product (web hosting, script, domain name, etc).2. Hard product. Hard product means that we can touch and see. In hard product we D = Daring Top-flight brands have to be daring -- within reason. If aligned with an organization’s overall goals, risk-taking can be very beneficial. BMW is one example. The company wanted to reinforce its brand value with customers that are increasingly tuning out advertising. It picked an unlikely solution: short Internet films. The films, which began appearing in 2001, featured BMW cars and were produced by top directors like John Woo. BMW’s risk was rewarded by an 8 percent rise in its brand value between 2004 and 2005, as measured by Interbrand. Organizations should consider taking calculated risks to reinforce or reignite their brands. This might mean partnering with an organization in a different industry to achieve shared objectives. Being open to a little risk may reap great rewards. Building great brands requires know-how, creativity and a little luck. However, with perseverance and discipline, organizations of all sizes can achieve branding success. (c) 2006 Fard Johnmar
HTTP = HTML link (for blogs, profiles,phorums):
Related Articles:Best Laid Plans - Unexpected Events - and the Choices we Have Invention Idea: Why A Small Business Can Be A Huge Advantage For Your Creations We Try Harder and Smart Advertising
|