The distinction between “strategic” and “managerial” marketing is used to distinguish "two phases having different goals and based on different conceptual tools. Strategic marketing concerns the choice of policies aiming at improving the competitive position of the firm, taking account of challenges and opportunities proposed by the competitive environment. On the other hand, managerial marketing is focused on the implementation of specific targets." Marketing strategy is about "lofty visions translated into less lofty and practical goals [while marketing management] is where we start to get our hands dirty and make plans for things to happen." Marketing strategy is sometimes called higher order planning because it sets out the broad direction and provides guidance and structure for the marketing program.
Realize that you’re not in control of your brand. That’s right, you only set the direction for your brand. Your actual brand image is determined by your audience. You can use these tips to ensure alignment between your desired brand image and your actual brand image in the minds of your customers. Branding isn’t a one shot deal, it’s an on-going juggling act of marketing, research and conversation. If you’re not tapping into those conversations with your audience, how do you know what their real impression of you is? How will you know how to address it? Brand growth comes from alignment. You have to ensure that your actions, stationary, website and marketing efforts put out the right image. But you cannot stop there; Those are pre-sales activities that get you noticed and hopefully bought. You also have to ensure that all actions and engagements during the sale and post-sale are positive and in line with your desired brand image. If your audience has a different view of you than you’d like, then you need help. And it’s probably best to bring in an outside perspective. The Difference Between Marketing and Branding?
This type of marketing strategy makes the use of your existing customers to get new customers on board. You pay some incentive or benefits to your customers if they ask their friends to buy your product or service. People usually do word-of-mouth marketing to get the benefit. The amount you pay to them is quite small in front of the returns you are getting. Find the way to keep the track of referrals done by your customers before giving them benefits.
Mr. Rice… I found these “tips” on branding to really miss the whole point of branding. It has to do with differentiating your company/product/service in a positive and unique way, and it begins with your strategy, not tactics. Positioning your offering within your competing category through significant strategies (not logo color or even its cost) having to do with company values, mission and culture, an understanding of customer and prospect values, needs and triggers, knowing your competitor’s positioning and corporat strategies are all significant inputs to the ultimate brand. Your tip number five sort of addresses this, but is really simplistic. I don’t care how small a company is, a strategic foundation for branding is first and most important. I’m blogging a series of post called Branding Basics at http://www.thebrandingblog.com. I’ve just posted my sixth blog in the series and have just given readers permission to begin the “creative” process by writing their brand’s “story”: all this before we ever address the elements of name, logo and teglines, never mind media. If you check it out, I’d welcome your comments.
Key Ideas: Each business is unique and that there can be no formula for achieving competitive advantage; firms should adopt a flexible planning and review process that aims to cope with strategic surprises and rapidly developing threats; management's focus is on how to deliver superior customer value; highlights the key role of marketing as the link between customers and the organisation. Daymond John - Branding Your Business
While we have already encouraged you to be creative in writing your tagline, now we want you to think about shortening it! Major corporations often incorporate their name into their tag line, or they follow their brand name with their tagline. For example, “Tesco: Every little helps” and “My goodness, My Guinness.” Keep it short and relevant. Then, use it everywhere.
The truth is that what got you to this point in business is likely not going to get you to the next level. If you're feeling stuck, join the fray. Most entrepreneurs are so busy working "in" their businesses that they fail to work "on" their businesses. As a result of dealing with the day-to-day operations of a company that includes customer hand-holding, supply-chain demands and more, we often neglect to wield the right marketing strategies that will help fuel our business's growth. Best marketing strategy ever! Steve Jobs Think different / Crazy ones speech (with real subtitles)
Are you looking to channel elegance and daintiness in your design? Consider customising this template, then. This template steers away from any harsh black colours and instead uses grey tones with the softly coloured imagery, creating a much more dreamy and romantic feel. This design is perfect for any brand looking to add a touch of the finer things into their communications.
An effective brand strategy gives you a major edge in increasingly competitive markets. But what exactly does "branding" mean? Simply put, your brand is your promise to your customer. It tells them what they can expect from your products and services, and it differentiates your offering from that of your competitors. Your brand is derived from who you are, who you want to be and who people perceive you to be.
As your company grows, listen to how your customers perceive you. Let that continue to define your brand. Make sure you read every single comment, review,and piece of feedback you get from your customers. If what they are saying doesn’t align with what you think your brand is, maybe it’s time to go back to the homework questions we assigned at the beginning of this blog.
Nicholas Burroughs once said that “Minimalism is not a lack of something. It’s simply the perfect amount of something” and this template does just that for you. Balancing out your imagery with some simple elements, tall type and a small palette keeps things minimal and flexible. This template is perfect for any business looking for a low-maintenance design that looks good in any light.