Key Steps to Saving Your Brand From Brand Death

A few weeks ago, we explored the two sides of Brand Death. In the first, Sudden Brand Death, media exposure fans the flames and a company’s only recourse is swift, corrective action and strong public relations, which is what save the Tylenol brand back in 1982. Enron, Firestone, the cases of Sudden Brand Death aren’t numerous, but they are extremely memorable.Unfortunately, the second side of Brand Death is much less visible and hard to identify. Slow Brand Death could be caused by management inattention, lack of focus, overall neglect, misunderstanding or incompetence, but the signs are there if you look.1. Decreased customer loyalty: If your brands are showing signs of losing loyal customers, you may be suffering from the early onset of Slow Brand Death.2. Lack of differentiation/distinction: If you are noticing that your competitors are looking more and more like you and that you are hearing the dreaded “c-word” (“commodity”) in management meetings and discussion, commoditization may be attacking your category and your brand.3. Increased price sensitivity or declining price: If you find that you are not able to command a price premium with your target customers and that you are experiencing more price sensitivity, you may be seeing the first sign of Slow Brand Death.4. Lack of internal alignment with the brand promise: If your employees aren’t clear about the promise your brand is making in the marketplace, how do you expect the customer to be clear about it? If your company is not set up to deliver on the brand promise, your brand-customer encounters may vary to the point of eroding your brand strength – or Slow Brand Death.Overall market confusion will lead to Slow Brand Death. The very culture of your company may be leading your brands to continually erode and weaken by a lack of commitment to maintaining strong values – and over-emphasizing short-term results over long-term success. However, while the rapid virulence of Sudden Brand Death may limit your options, thankfully, that is not the case with Slow Brand Death.Here you have time. Perhaps not as much time as you would like, but at least the media isn’t breathing down your neck publicizing every step and miss-step you take. Clear, decisive management action can stop and correct Slow Brand Death. Here is the process you should undertake:1. Get the buy-in of executives: The easiest way to get top management to buy into branding as an important strategic business function is to make sure that they understand the brand’s connection to the bottom line, and the impact of the Slow Brand Death symptoms on that bottom line.. Now, everybody in business “knows” that strong brands deliver profits. But I would venture that very few business people could explain exactly how that happens in financial terms. Marketers must build the case for branding investment by educating management about the links of a well-defined brand, consistently delivered, to:• customer loyalty and its volume benefits and even willingness to pay a premium
• lowered cost of sales and improved operational efficiency
• higher revenue and more predictable cash flow
• enhanced shareholder valueOnce top management understands that improving brand performance will end up making money for the company, you will have their buy-in.2. Understand the current situation: Once you have the support of top management, you need to complete a thorough brand assessment. Your goal is to understand where your brand is now and where your competitors’ brands are, in the hearts and minds of the market. Additionally, you need to assess trends and emerging markets to predict how your brand – and your competitors’ brands – will be impacted in the future. Finally, you need to understand how your brand is perceived internally as well as externally, and what gaps there might be between those two perceptions. Leaving out any of these views could give you a misleading picture of your brand in the marketplace.3. Define the desired brand: Based on the brand assessment, you should have a good idea of market gaps your brand can credibly fill, based on what the market is willing to let your brand do and where the market is going. From this, develop a complete definition of your brand of the future – say five years out. This future or desired brand becomes your goal set. All of your brand actions should be evaluated on their ability to move your brand into the desired space.4. Identify the brand drivers: The brand assessment will help you understand which brand contact-points or functions are having the most impact in creating customers’ brand perceptions. Each brand will have different drivers. For an automobile, it may be the actual test drive and driving experience. For a bank it may be the ATM or the voice response unit that directs you to different functions within the organization. Be sure that you look to identify the brand drivers for each of the important brand audiences. One target market’s drivers may differ from another’s or your strategic partners may have a different set of brand drivers than your customers.5. Align internally to deliver the brand promise: When the desired brand position is determined and defined, many companies move to communicate to the marketplace. This is premature, as it is not yet certain whether your organization can consistently deliver on the brand promise you want to make. Take the time to evaluate your organization’s readiness and ability to deliver the brand promise. You may find that you will need to take some action to bring your company into alignment with the brand. At a minimum, you will need to communicate the new brand promise when your company is ready and able to understand it and use it in their day-to-day jobs. Organizational development, training, and internal communications among others are important elements in achieving this capability.6. Communicate the brand externally: With all of the other steps in place, you can now begin communicating the new brand externally. But before doing this, take the time to evaluate your key audiences for brand communications. What are the most compelling messages that you need to send each audience? Document these messages and make sure you use them consistently in your communications.7. Measure and monitor: No time to rest on your laurels – the key to avoiding Brand Death is to know what’s going on in the marketplace. There are three factors working on your brand: you, your competitors, and your target audiences. Put in place a measurement system (internal and external) to monitor the critical brand contact points and brand perceptions to make sure that you are not straying from your plan and that you are progressing as anticipated toward your future brand.Once you have set up a comprehensive brand process throughout the company, you should continually revisit all of the steps to make sure that you are meeting your brand goals and objectives.Brand Death is costly and avoidable. The decision to kill a brand is the decision to throw away a corporate asset, similar to jettisoning real estate or other capital assets. Management can and should manage their brands as the valuable corporate assets they are. If the brand has any remaining equity at all, the cost of brand improvement is far less than the cost of creating a new brand. On-going monitoring and measuring of brand vitality is critical to successfully manage the brand and ensure that the brand remains viable in the marketplace.

How an Effective Presentation Can Boost Your Business?

In recent years technology has made tremendous advancements. These advancements have reshaped the organisations by creating their business functions integrated and streamlined. Beyond the standard office computers and smart devices, organisations are now implementing new software’s and latest technology equipment’s to run their operations smoothly. One such technological advancement is Slide presentation software PowerPoint is one of the widely used Slide Presentation Software. It is a powerful tool to make your presentation more attractive and engaging. If you want visual effect, collaboration tools, easy access, then PowerPoint will be the perfect option.

Nowadays in every field, there is huge competition. Business and professional firms use the presentation as a tool to educate, train, motivate the internal and external audience. At any point in time, you may require to give a presentation. The presentation is an essential part of branding because the presentation is the primary source which companies use for communication with clients, general public etc. The presentation demonstrates the company profile, and it’s the only tool which makes sure that all your representatives are turning into sales. A well-designed presentation shows presenters professionalism and also builds organisations corporate image.

Presenters are mainly of two types. Firstly, the great ones, who with their commanding charisma, speaking skills and great presentation styles can grasp the audience attention and secondly the Mediocre one who only focuses on the content of the presentation. They come up with great with great content and speak amazingly but fails in their presentation skills. Many times, lacks in gaining audience attention.

You may have complex data for presentation, a great content will be a scrap if not delivered in an entertaining way. Templates contains layout, colour, fonts, effects. powerpoint template helps to convey the information in an attractive way, grabbing the audience attention throughout the topic.

Benefits of an Effective Presentation:

• Face to Face Interaction: A presentation enables to meet your customers and prospects. Face to face interactions strengthens the relation and bond with the customers. An effective presentation can improve sales. According to a recent survey conducted, face to face meetings is fifteen times better than other marketing activities.
• Engagement: Presentation is the easiest way to engage with the audience. Attractive slides, astonishing layouts can hold the audience attention easily. Bullet points and summary texts help the audience to focus on the main subjects.
• Flexibility: Flexibility is the vital feature of the presentation. It helps in saving the time of professionals. PowerPoint presentations allow the user to quickly change the content and change the designs based on the audience.

• Adds professionalism: Presentation can decide the success of any business meetings. The presenter should convey the information most attractively and entertainingly. Adding attractive templates can ensure maximum engagement of audience over the topic.

• Storage: After the presentation, the slides can be quickly distributed among the members for further reference. It can easily be saved on the computers which minimise the chance of loss or misplacement.

• Presentation Important for Business Growth: Having a superior product can never result in success. Advertisement of the product is also mandatory. The product demonstration should be attractive, clear to the audience. The presentation should be eye-catching and should create a lasting impression on the audience. Adding an attractive slide, Infographics icons can ease the work of the presenter.

• Adds Creativity: Nobody like a wall of text, the presentation should look interesting and conveying. The audience can easily remember visual information. Adding images to illustrate point will surely make your presentation engaging. PowerPoint allows the user to add creative clipart’s, attractive fonts to the presentation.

Internet Marketing Promotion and Advertising, Build a Successful Online Career

Online marketing is encircled by facts.

Online marketing is encircled by specifics that every single aspiring online entrepreneur will need to understand. Whilst you have noticed multiple accomplishment stories regarding people who succeeded and gained thousands to millions of dollars by using Digital marketing, they are also bounded by these information existing round the market.

Effective Marketers have spent more than a few years to perfect their marketing approaches.

Initially, exactly like the common business investment, you are not able to make a lot of money immediately on Website advertising. Effective Online marketers have put in many years to perfect their advertising tactics. They have started from learning the ‘ins and outs’ of the business chance, used existing plans, developed their personal marketing approaches, and check their brand-new tactics to their marketing business. Though Website marketing provides a profitable business chance for everybody, it requires a while prior to you could generate millions of dollars because of Online marketing. You will begin from some hundreds and soon after many months or years, you will be capable to gain thousands of dollars on Digital marketing income.

Your competitors will usually be your competitors.

There are situations wherein they uses you for their benefit. Obviously, we do not need to damage friendships here, yet it is a truth that you will need to be cautious of. You can easily work together with other Web marketers, but you have to make sure that you are not working with hungry predators or those who will never work with your generosity for their benefit of generating even more money.

Obtaining full potential customers is the most difficult element of your Website marketing profession.

Keep in mind that the achievement of your Website marketing business depends on the easiest way you will catch the attention of likely clients originating from the bulk of traffic available the Net. Even if you have a practical site with beneficial facilities just like info catalogs and shopping cart services, on one occasion you did not draw in substantial website traffic toward your site, your Online marketing business will be of total catastrophe.

Amongst the above mentioned details, the previous one is what you require think of most. As earlier mentioned, the achievement of your Digital marketing career depends upon just how you build your customers base. Many of these clientele base will act as your bloodline that could keep your marketing career surviving. With out them, the Website marketing industry will remain to be a dream for folk who wish to make more money.

You need to study the whereabouts of Online marketing promotion and advertising.

If you want to catch the attention of probable customers and convert them in to faithful product evangelizers, you will need to study the whereabouts of Digital marketing promotion and advertising. Promoting and advertising your Online marketing is vital to your web page and to your career too. Throughout these plans, you will probably be able to entice encouraged persons who are ready to buy what ever you are providing. Taking time to develop some hype regarding your internet site will keep them returning and produce an interesting impression to those persons who haven’t got a try of your products or services.

Promotion and advertising will certainly help you secure the particular traffic.

Promotion and advertising will assist you to acquire the targeted traffic that you desire in the early run of your Digital marketing career. Actually, the expense of promoting and advertising your internet site on the Net is not as costly as advertising your products and services throughout standard ways including billboards and classified ads of diverse newspapers. Even if you do not have that significant marketing budget, you can still publicize and advertise your site using different alternative and low-cost promotional solutions.

Features of a great Website marketing promotion and advertising.

Have a look on the following items and ensure that your promotion and advertising methods have these features:

• It have to have a long-lasting influence.

Do not only employ an advertising medium once and dispose of it. Discover methods on the best way you will be able to use it for different times. You might use a comparable strategy on each advertising tool and generate client understanding with the marketing instrument and also the product or service you are marketing. Think about some effective promotions and advertisement which include for Energizer batteries and others.

• An successful Online marketing promotion and advertising have variants.

Do not merely stay with a solo ad format. Switch the color, text, and the message of your advertisements but do not adjust its characteristic character. The modifications have to be carried out in the consideration of a lengthy lasting ad result. Do not hesitate to check out fresh choices. If you believe these innovative suggestions will help you enhance and advertise your Digital marketing business efficiently, then do it. The even more you expand your promotion and advertising attempts, you will be able to be successful in your Website marketing business career.


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