Better Branding. Bigger Bottom Line.
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Transcript of Better Branding. Bigger Bottom Line.
Better Branding. Bigger Bottom Line.
Generating more revenue through proactive branding and effective marketing
www.Impactmarketingcooperative.com | [email protected] | 314.308.2805
Impact Marketing Coop– Hybrid Business Development, Branding and Marketing firm that
brings high-impact yet cost-effective marketing to small businesses.
– We find areas of opportunity within a business and work with the business owner to harness this power to create revenue and profitability.
– We create strong brands, build loyal followers and convert those prospects into actual sales.
Our Methodology
1. Finds new untapped opportunities
2. Creates brands that can dominate these markets
3. Establishes ways to reach these prospects and convert them to clients.
How Are We Different?Traditional Marketing
• Address only the marketing that the customer sees
• Sell you products• Are limited by the
competencies of their employees
• High overhead leads to inflated rates
Marketing Cooperative
• Addresses the business side of marketing and helps customer better capitalize on marketing/branding
• Seeks out new revenue• Build project team around
client needs• Teach clients to implement
on their own to lower cost and increase impact
Lauren Davis
• B.A. Business Management, Marketing emphasis
• M.A. Media Communications, PR• 10 Years Industry Experience
oAgencyoDirector of Marketing for national retail chainoBusiness owner, Entrepreneur and Consultant
What Is A Brand?
Overall “snapshot” of the business that lets customers know who and what you are and exactly what they can expect from you. A strong brand is the sum of all of the consumers experiences.
If positive, it can:• Confirm Credibility• Connect with prospects and make them remember you• Motivate prospects to actually purchase• Turn “customers” into loyal, retained clients
What Is Branding?
Branding is the active process of controlling the way in which customers perceive you as an organization. Branding allows you to differentiate yourself so greatly from the competition that your clients perceive you to be the only solution to their problem!
“…a great brand raises the bar- it adds a greater sense of purpose to the experience. Whether it’s a challenge to do better in sports and fitness or an affirmation that the coffee you are drinking really matters”
– Howard Schultz, CEO Starbucks
How A Brand Is CreatedProactive : “Top Down”
• Strategy is created • Thought is given to
how this strategy will be implemented at all levels of the organization
• Training is given to ensure compliance with directive
Reactive: “Bottom Up”
• Grows organically as you operate
• May not be ideal• Doesn’t allow for you
to control your image to consumers
• May result in need to consistently turn negatives into positives
Branding Vs. Marketing
Branding
• Overarching infrastructure that supports marketing
• Differentiates your business from competition
• Constant
Marketing
• Can be used as a vehicle to create brand
• Compels customers to choose you over competition
• Immediate way to get business in the door
• Aimed at a specific goal
Marketing Vs. Branding Initiatives
Brand Building
• Strategic directives that govern how employees create a positive customer experience
• Standardized practices across multiple locations
Marketing
• Direct Mail• Social Media• Promotions• Advertising• Public Relations• Digital
Turning Theory Into Profit
1. Set your benchmarks• Brand• Marketing
2. Define your goals3. Find easy opportunities4. Dedicate yourself to living your brand every day5. Evaluate your success and adapt
Step 1: BenchmarkingBefore you can define where you would
like to be, you must know where you are now.
1. What do the numbers tell you. Look at the last several years and at each month, this year, compared to the corresponding month from the last year.
2. Define what your strengths and weaknesses are in your business systems and marketing. What are you doing well? What are you not doing well? How can you expand on the positives and eliminate the negatives?
3. Define your brand so that you can asses where you need to go in order to be your ideal brand.
Step 2: Set Goals• Repeat each of these benchmarking steps with your
ideal answers.• This will give you a start point and an end point• Write down 3-5 long term goals• Under each of these, write down steps you will use
to get you to your goal. These will be your short term steps
• Plot on a calendar when you will do each of these steps
• Post your calendar as well as your long and short term goal lists in a visible place so you will remember them and hold yourself accountable
Step 3: Find Opportunities
Grab the “low hanging fruit” first. Look at the niches in which you already excel.1. Are there ways you could increase your market
share in these niches?2. Are there similar niches where you could tap into
a similar audience?3. Are there niches of similar clients, where you and
your competition fail to market?
Step 4: Live Your Brand
• Look at your goals daily• Do something every day to get there• Carry business cards• Network• Be “on” at all times
Step 5: Evaluate
• Evaluate your effectiveness every month• Repeat each of these steps to constantly re-
evaluate your new benchmark• Adjust your plan for the following month
according to what works and what doesn’t
Do not forget that $100 more a day equates to $36,500
annually!
Impact Marketing Coop
If you are having trouble with any of these steps or having difficulty finding the time to dedicate to these efforts, give us a call.
We offer cost-effective services that work within most budgets. We can create a custom plan that will decrease your effort and increase your profit.
For more tips like these like us on Facebook and follow us on Twitter and Linkedin
Contact Information
Impact Marketing Cooperative
(P) 314.308.2805(E) [email protected]
(FB) facebook.com/impactmarketingcooperative(T) @impactcoop
(Li) linkedin.com/impactmarketingcooperative