Developing a brand strategy can be one of the most difficult steps in the marketing plan process. It's often the element that causes most businesses or musicians the biggest challenge, but it's a vital step in creating the company or artist identity.
Your brand strategy will identify the following three core components of your business or image and can then be used as a blueprint when it comes to developing your marketing strategy and tactics.
Purpose - Your business must have a functional and intentional purpose.
Consistency - Without consistency, a business will struggle to survive.
Emotional Impact - Emotion is what helps customers connect with you a brand strategy helps you develop the emotion that you are going after.
Your brand identity will be repeatedly communicated, in multiple ways with frequency and consistency throughout the life of your business.
To begin the development of your brand's strategy you must have an understanding of these four marketing components:
Primary Target Customer and/or Client
Competition
Product and Service Mix
Unique Selling Proposition
By identifying these components of your marketing plan you have created the basis for crafting your brand strategy. An effective branding process will create a unique identity that differentiates you from the competition. That is why it's often deemed as the heart of a competitive strategy.
Creating your brand strategy can be done easily by following the step by step guide that Malichi Male has used for his own business and music career.
For a FREE one on one consultation call 6476778233 or email Malichi Male at stthomasproudtv@gmail.com