The Power of Branding
Building a brand image that stands out and truly represents your company is a crucial, yet challenging, part of growing your business. Fortunately, building a better brand image for your business is doable for entrepreneurs at every level. Here are some pointers to consider as you work on creating or improving your brand image.
Determine your target audience
The first question you need to ask yourself when building a brand image is who your target audience is. Which demographic are you addressing? Is there a specific age bracket, gender or socioeconomic bracket you are trying to reach with your marketing and product? The answer will help shape your brand image.
Determine your business goals
What problem is your business trying to solve? Here, too, you’ll need to think of your end-goal before you can build your brand image.
What is your brand's persona?
Every company should have a personality. This will help form the way your brand communicates and presents itself to the public. What’s your brand’s persona?
Choose your medium
While today’s trend is to get your voice out there through as many social media platforms as possible, it’s a good idea to choose just one or two mediums to focus on. For example, you can choose to be the best voice in your field on Twitter, or to build an outstanding TikTok channel.
Build your message
There are several avenues for disseminating your message to the public, and each one has its own role in building your brand:
Public relations (PR). This involves your brand serving as an expert voice in the media through blogs, news outlets, trade publications and more.
Social media. As mentioned, having an active and interesting presence on social media platforms will help your brand draw a following and attract your target client base.
Awards. Obtaining field awards and trophies will help your company stand out as the leader in your industry.
Paid marketing. Advertising on popular platforms helps to create an awareness of your brand and reach new customers.
Content marketing. Providing useful content for your target audience positions you as an expert in your field and helps you build a powerful brand image.
Mass emails. While this should not be the sole marketing strategy, mass emails can deliver an attractive ROI and help you reach new customers.
Building a strong brand image is crucial for growing your business. Use the tips outlined here to perfect your brand image for optimal growth.
Each individual’s financial situation is unique and readers are encouraged to contact the Credit Union when seeking financial advice on the products and services discussed. This article is for educational purposes only; the authors assume no legal responsibility for the completeness or accuracy of the contents.