Branding = Focus

Written by Martin Lindstrom


Overrepparttar years I've frequently been asked whatrepparttar 121765 secret formula is for successful branding. What people are really asking me is how to make their brand a global leader, like Coca-Cola.

Well, sorry guys. There's no magic hidden inrepparttar 121766 process of building a brand. What successful brand-building is all about is following three simple principles. These formrepparttar 121767 crucial guidelines that help ensure you build a successful brand.

Branding is all about focus. When I say focus, I mean a lot of things. Butrepparttar 121768 most important points are: ·your focus on a specific audience; ·which is reflected in your focus on a specific values; ·which is reflected by your clear focus on a specific tone-of-voice. I know it sounds banal, but defining your unique target group is fundamental. Let me give you a couple of examples.

McDonald's has always been a family restaurant, and never a burger bar. What'srepparttar 121769 difference? None. Butrepparttar 121770 family focus is a positioning strategy that's reflected in everythingrepparttar 121771 corporation does. McDonald's knows that by targeting families it hits one ofrepparttar 121772 most attractive, loyal consumer groups available: they get intorepparttar 121773 parents' wallets viarepparttar 121774 kids' minds. Knowingrepparttar 121775 strength of this strategy, it's no wonder that McDonald's has become what it is. And, byrepparttar 121776 way,repparttar 121777 audience focus doesn't mean that McDonald's misses out on attracting teenagers, tweens or grown-up singles to their restaurants. Obviously, McDonald's restaurants are full of such consumer groups. But, by attracting a target audience, McDonald's hasn't scared off other consumer groups away. Just imagine McDonald's targeting teenagers. Do you think any families would show up?

A famous vodka brand decided to take targeting torepparttar 121778 extreme by focusing on alternative audiences, likerepparttar 121779 gay community inrepparttar 121780 USA. By hitting this community in trendy bars in Los Angeles, San Francisco and New York,repparttar 121781 product became fashionable and, so, a wider and wider audience was attracted to it. By nowrepparttar 121782 vodka in question is one ofrepparttar 121783 world's best-known brands, yet it's been raised in a very alternative background.

Having consideredrepparttar 121784 importance of your brand's audience focus, let's look at its message. What is it your brand wants to say? What tracks should it leave inrepparttar 121785 consumer's mind after exposure? What are its values? If I were to ask you what impressions spring to mind when I mentionrepparttar 121786 word "Lego" you'd probably speak of "a creative construction toy", or simply "colorful plastic bricks". If I mention "Rolex" you'd probably respond with something like "high quality Swiss watch". "Mercedes-Benz"? "A high quality German car".

The principle is simple. What would you likerepparttar 121787 consumer to think, and not think, when they perceive your brand? Don't be too ambitious. You can't makerepparttar 121788 consumer say everything you want. For example, you probably didn't say, "Just Imagine…" when I asked you to respond torepparttar 121789 concept of Lego, even though that'srepparttar 121790 product's slogan today. Focus on your brand's values, and communicate these consistently.

What are Your Thoughts on Marketing Re$earch?

Written by Wild Bill Montgomery


I have always been a firm believer that there is never one correct answer to a question. Some call that argumentative, I call it Independent and Creative Thought. I have also come torepparttar conclusion overrepparttar 121764 years that by feeding answers to a student, they will ultimately starve. Onrepparttar 121765 other hand by posing a question, you teach them to think and in turn feed their own thought and energies.

You will never getrepparttar 121766 right answers however, if you don't knowrepparttar 121767 right questions. So with this in mind, I from time to time write an article, which is consists of mostly questions! Questions covering a single subject, which I hope will provoke you into independent thought, thus creating productive output. Our topic is what? Marketing Research!

Marketing Research is a very important step inrepparttar 121768 evolution of your business. Without research, you have no basis on which to answer evenrepparttar 121769 most basic questions; questions that you must answer if you truly desire to successfully market your product or service.

1. Your Market.

A. Do you know whom your target market is?

B. Who are your current customers and do they fall into your target market?

C. Are your current customers loyal to your product? Why or Why not?

D. If not, how can your create a loyalty strategy?

E. What isrepparttar 121770 current size and geographic spread of your target market?

F. What will it be inrepparttar 121771 future?

G. Will you be able to maintain a product and company growth rate to match that ofrepparttar 121772 projected growth rate of your target market?

H. Is your product part of a trend market that has a volatile base, which can collapse or increase rapidly?

I. Are you prepared for this? How?

J. Do you have backend products or services?

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