With a start-up starting up almost every
other day businesses with weak brands are failing and dissolving and thus
entrepreneurs should realise that it is critical to work on their products and
brands to stay relevant and succeed.
These are certain priorities
entrepreneurs should keep in mind while building their brands:
- · VISIBILITY AND COMMITMENT
You need to spend some time, money and
effort to make your brand visible. As it is new it does have the recall value
in the minds of the customers and thus you need to invest in creating that
recall value for the customers.
Your brand should be extensively visible
online and offline and also it should stand for something solid like a
commitment. Your brand should stand for a particular quality, for example Skoda
tagline says ‘simply cleaver’ and that defines Skoda. Similarly your brand
should stand for something concrete according to SachinUppal growth advisor.
- · A GREAT PRODUCT/SERVICE
Without a great product or service your
brand will fizzle out within days. In fact it is very important to work on what
you are offering and make it qualitative before going for marketing and
advertising.
You can fool the customer once but that
will lead to a negative word of mouth and your brand failing miserably and thus
it is critical to produce and sell qualitative products and to market your
brand based on the quality of those products says Sachin Uppal
- · DIGITAL IS A GREAT WAY TO CONNECT
This is the digital age and there are no
two ways about it. If you are not visible online you are not visible. Thus
making your online presence felt is critical to your business success. Use the
services of a digital marketing company and get a good website and invest in an
SEO and SMO and other advertising platforms. This will give your brand
visibility and a space in the mind of the consumers and will go a long way in
creating your goodwill and brand recall value.
- · CREATIVITY AND UNIQUENESS
Your brand and product should be different
and unique and the same should be the case with your branding and marketing
campaign. You need to stand out from the crowd and need to creatively design
your brand and product.
With these factors in mind create a
different, qualitative and unique product and create a relevant and visible
brand and spend time and money on marketing online and offline and you are sure
to succeed according to Sachin Uppal growth advisor.
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