Lesson 10 Recognizing The Importance of Marketing Mix I Part 2 The Development of Marketing Strategies NOTES
Lesson 10 Recognizing The Importance of Marketing Mix I Part 2 The Development of Marketing Strategies NOTES
Lesson 10 Recognizing The Importance of Marketing Mix I Part 2 The Development of Marketing Strategies NOTES
Importance of Marketing
Mix I Part 2 The
Development of Marketing
Strategies NOTES
Your name – is an extension of your brand, and it can reinforce the value
you provide or distance you from it.
Craft your image – creating a brand perception requires intrusion. Your
brand must be powerful enough to force them out of their routines.
Logo – is the first visceral connection the consumer makes with the brand.
Get known – branding happens in the minds of consumers. The promises
behind the brand create its appeal, but getting the work out is still what
brings in the customers.
Listen, do not just talk – Hear the conversation first, and then
participate.
Ask, do not tell – Force your opinion and you will end conversations
before they begin.
Be real, and have a story – Behave in the character of the brand. Give the
character depth and be genuine.
Be interesting, and give – add to the conversation by offering up
whatever knowledge you have.
Be interested, and respond – hear a person’s need, and then share
expertise in a personal way that is motivated other than to help.
Have a payoff, and say thank you - Reward your followers with something
special and exclusive.
Why does a plumber need a brand? Isn’t that for companies like Coke –
Branding is about the impression that will best help you reach your goals
and serve your audience.
I just sell stuff. How do I figure out what my brand should be – Pinpoint
who your audience is and figure out what will appeal to that audience.
How do I communicate brand – Brand is every single customer touch point
you have, from your voicemail message to how you pack a bag if you are
a retail shop, to how your store is laid out, the colors that you use, the
imagery you project, quality of your staff and how they treat customers.
What else can brand do – questions like who to collaborate with, where
to distribute, whom to hire—brand strategy can serve as a guide for all of
those decisions.
Before you choose a brand name – since your name is an extension of
your brand, it is important to develop your brand strategy before you
start the naming process.
Do you need to hire someone – you may not have the resources or desire
to handle the project internally.
Generate plenty of potential names – if you are competing beyond your
local area, you may find that many of your potential names (or URLs) are
already taken, so you will need to create a long list.
Evaluate the list against your criteria – your goal is to objectively find the
name that meets your criteria, so be careful about asking friends and
family whether they “like” a name.
Test your name – sounds good over the phone (for example, when a sales
rep calls a prospect), won’t be constantly mispronounced or misspelled,
which defeats the purpose of a name, isn’t confusing, conveys what you
need it to convey, has a URL that works with it
Protect your brand name – gain the ability to prevent future competitors
from using it
After Naming – After you choose your great brand name, you can create
your logo and corporate identity, and then begin creating the messages
to use throughout your sales materials and marketing efforts.
Brand – a name, term, design, symbol, or other feature that distinguishes
an organization or product from its rivals in the eyes of the customer.
Reputation – the beliefs or opinions that are generally held about
someone or something.