How has branding changed?
There are more choices than ever before. Not just informational overload, market globalization, supply chain availability, etc. does a customer have the advantage. But what makes his/her choice in today's economy is brand loyalty.
What makes a good brand?
It's not just having a seamless website, a stellar ad campaign, an impressive logo, more advertising, more hits, etc. A great brand provides direction, leadership, clarity of purpose, and inspires others. It attracts strategic partners and provides a springboard for future products as it multiplies marketing effectiveness. It reaches its customers at every touchpoint satisfying a customers' emotional & experential and functional requirements.
How can I know my branding program is effective?
A great brand builds itself over time. An effective brand works inside all departments of an organization. ROI means shortened sales cycles, added shareholder value and guaranteed quality, on-time delivery, etc. which heighten a customers emotional & experential and functional requirements. Measurement tools and in depth research are essential to understanding whether or not a company's brand is meeting its greatest potential.
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