How We Doin’ So Far?

Our blog – Brand Building for Small Business – has now existed for two years . . . so the time seemed right to stop and perform some self-examination AND (even more importantly) ask for some feedback.

When we defined OUR brand, we determined that our focus would be providing a useful tool to smaller businesses – the kind of largely under-appreciated entrepreneurs who form such an important portion of the American business landscape.  (Also – in retrospect – a group that has been hit particularly hard by the recent pandemic of 2020-21 and in need of every possible competitive advantage that can be made available.)  Having worked many years for a company that targeted this same audience (a company that was – in fact – a small, underdog start-up at the time I was hired), Carole and I felt we brought some meaningful knowledge and expertise to the table.  Hopefully (two years later), you – our audience – agrees.

In establishing our brand, we also decided that we wanted to have a DYI (Do-It-Yourself) focus – believing that many small business owners would of necessity be taking on the challenges of building their own brands.  Consequently, we have tried to offer a blend of the conceptual framework needed to build a successful brand as well as practical tips and instruction.  Specifically, we offer thoughts on:

  • Identifying your audience
  • Establishing (and communicating) the philosophy that guides your development of products and services
  • Embodying a strong customer service orientation
  • Creating mission and vision statements to serve as a reminder of your brand and your short- and long-term goals as an organization
  • Building the visual elements of your brand (such as your logo, letterhead, envelopes, business cards, etc.)

Note:  Learn more about these brand “building blocks.”

In fact, we have focused on providing concrete tips and instruction (and sometimes even templates) to assist the budding entrepreneur in being successful in creating a brand without having to break an already tight budget.  Basically, we’re trying to share some of the knowledge that we acquired the hard way through trial and – all too often – error!  To enable you to avoid some of our missteps, we’ve tried to help you define your brand and create the tools needed to have a unique visual identity. We have tried to emphasize and demonstrate the importance of creating an attitude toward customers that gives real life and substance to your brand and shows that you both “walk the walk” and “talk the talk.”

In addition, we have sought to help you recognize the importance of seizing every opportunity to promote your brand to the public.  Toward that end, we discuss some of the many chances an entrepreneur has while still maintaining a DYI focus.  For instance, we offer instruction on creating and inexpensively disseminating press releases as well as creating sales collateral, web sites, direct mail materials, ads, thank you cards, editorial calendars, and more.  In particular, we have sought to impress upon you the importance of using such platforms to highlight your brand . . . while simultaneously using your branding experience to enhance the effectiveness and results of such opportunities.

About a year ago, we started supplementing our longer, more in-depth, instructional materials with some Quick Tips and Monday Motivational messages to serve as fast, easily absorbed reminders that might help keep the subject of branding at the forefront of your minds and consciousness.

While we have been gratified to watch our audience grow, we are always hoping to reach even more of you even faster . . . and are particularly appreciative when we recognize a regular, repeat reader.  You’d might be surprised to know that some of you who have consistently “Liked” our content have actually become quite important to us and are even part of the way in which we measure the success of a specific article.  When we have NOT seen you “Like” a post or comment upon our content in a while, we miss you and feel like we have left you down!

All that said, we do plan to keep keeping on . . . but would love to receive some more feedback about how you think we are doin’ so far . . . as well as some requests about where you would want to see us head in the future.  Such interaction would be extremely helpful and would better enable us to help you even more.  You can use the Comment box below to get a message to us or you are welcome to send us a private e-mail at brandbuildingforsmallbusiness@gmail.com.  We promise to consider your input carefully.

Meanwhile, good luck with your branding efforts . . . and keep checking out AND SHARING our newest content at www.brandbuildingforsmallbusiness.com.

In Search of the Holy Grail (of Branding)

In Search of . . .

Customer Loyalty!

Why is this quality so very important . . . and the ultimate goal of all branding activity?

Once you achieve customer loyalty, consumers will:

  • Choose your product or service over others . . . regardless of your competitors’ behavior.
  • Select you without price shopping . . . and perhaps even be willing to pay a bit more.
  • Become repeat buyers – often for years and potentially crossing multiple generations (an impressive brand success).
  • Recognize your product by your logo and other branding elements without a reference to your name. 
  • Become your best sales force – promoting your product/service through word of mouth.
  • Expect you to make good on brand promises – those qualities you have promoted that have resonated with your audience.
  • Present you with growth opportunities – in part through cross sales.

In other words, once you have achieved customer loyalty, your sales acquisition costs should decrease significantly because less marketing and sales expense should be required to generate the desired revenue.

So . . . How Do You Create Brand Loyalty . . . and Avoid Getting Lost in the Crowd?

While I’m sure you’ve heard about (and probably been pitched) loyalty/incentive programs, such tools are just one of many that are available.

Note:  Loyalty programs encourage shoppers to return to stores where they frequently make purchases. Some of the incentives may include advanced access to new products, additional discounts, or sometimes free merchandise. Customers typically register their personal information with the company and are given a unique identifier, such as a numerical ID or membership card, and use that identifier when making a purchase. (Investopedia) Want to learn more?  Check out these seven examples of some of the best:  https://www.leadquizzes.com/blog/7-examples-of-customer-loyalty-programs/

That said . . .

Instead of focusing on those prepackaged plans, you really just need to expend your energy on building a great brand and consistently promoting your strengths via consistent implementation of the basic branding elements you’ve put into place. Specifically, you should:

  • Provide a customer service experience that reflects your brand. 
  • Utilize social media to establish an online presence.
  • Build a visual brand identity that reflects your products/services and overall operations . . . so the message you are trying to send reflects reality and stands a chance of resonating with your audience.
  • Establish credibility (and trustworthiness) by making good on your brand promises.
  • Incorporate best practices in all that you do AND be the best.
  • Know your audience and make sure your products/services satisfy their needs . . . even as those needs may change.
  • Maintain strict consistency in your spoken, written, and visual message – enhancing recognition.
  • Focus on creating loyal, repeat customers who will continue to frequent your business.  (Why so important . . . ?)

THE LAW OF THE VITAL FEWThe Pareto Principle states that 80% of your company’s future revenue will come from 20% of your current customer base, making it imperative that you focus on creating loyal, repeat customers that will continue to frequent your business. (Written by the Forbes Agency Council)

  • Make positive contributions to society part of your culture.  (To do so can enhance the environmental, social, and governance aspects of your operations, which in turn, enhances the sustainability of your success.)
  • Add extra value above and beyond the basic product/service provided.
  • Check in with your customers regularly via surveys, conversations (research groups), calls, etc. AND really listen to them.

Don’t Be Brand X!

If your business has achieved customer loyalty, you’ve mastered one of the key measures of success – your products and services are no longer generic (. . . and interchangeable) in the eyes of you audience.  You are no longer just another Brand X!  You have a personality and identity; you’ve established a relationship with your customer.

As this article suggests, this goal is accomplished in many ways, including a consistent, well-developed branding program that sends a clear message to your intended audience.

Special Note:
Brand Building for Small Business has been identified by Feedspot (www.Feedspot.com) as one of the Top 100 Branding Blogs. Feedspot provides “the most comprehensive list of branding blogs on the Internet” so we are pleased to be part of that group.  To learn more, visit https://blog.feedspot.com/branding_blogs/.