Friday, June 10, 2011

Building a Strong Brand Identity

Everyone today talks about brand and goes for branded clothes, shoes, accessories, house hold items, home furniture and other details are branded. But what exactly is the brand? Brand can be a product, company or identifier like logo or trademark. The concept of brand was not known in pre-industrial period. So before industrialization there was no brand as well as brand identity, because the things were made by craftsman in villages that were then sold in the market. But with industrialization mass production of products and items began. During this period export and import of the goods and manufacturing item started and they usually issue tender notice for that. The whole transaction was impersonal and hence things were started to be recognized from brand point of view. Today if someone will say “Nike” then immediately your mind will make the image of shoes. It is nothing but a brand.

Steps for Building Strong Brand Image   

1.First and the foremost thing to build a brand is to deliver the highest quality of service or product. People will come to you and your brand if you will give them the best. High quality is the prerequisite that will make you a winner even in a very high competition.

2.Check out the distinct feature of your brand that differentiate it from the other products in the market. You should pick the distinctive quality for a brand image as it will affect the psychic of the buyer. This will give your brand an effective position in the market as well as in the mind of people. For a successful positioning of brand combine image, services, logo, packaging and guarantee.

3.Every brand needs a punch line. The phrase or a punch line should be very short, concise and effective. Like for Nike it is ‘Just Do It”. Punch lines strongly get embedded in the mind of buyer.

4.Build an emotional link with the target audience.

5.Message along with brand should be very clear and hit the target audience very clearly.

6.Give your brand the most memorable name. The name should be easy to pronounce and understand. Along with this also create a logo to identify your product or service.

7.Use all the market strategies for branding your product. The marketing strategies should also be done in an expert way otherwise all your efforts for writing punch line, making logo will go waste.

8.Measuring the success of the whole plan and comparing it with your competitors is very important as this will tell you where are you stand or lack. Also you will come to know about the strong points to make you different from your competitors. With this you can focus on your strength and find out the areas of improvement for further branding.

Big scale business spend huge amount of money on branding and marketing and to build an image of their product. Most of the marketing companies take the challenge of building the brand image through different market approach. For that they issues tenders. Many of these latest online tenders can be checked in various websites that keep updating the same.

It should also be noted that brand type actually depends on the present market. Like Lakshadeep is popular for scenic beauty so there is more emphasis on travel and tourism. That's the reason you can find lots of Lakshadeep tenders depending upon travel and tourism. Metros and famous city have more of Information Technology and business pertaining to this sector so the tenders will be pertaining to this sector only. But in conclusion it can be said that strong and acumen efforts should be put in for branding and product's strong image in the market.

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