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UNDERSTANDING THE DIFFERENCE WILL CHANGE YOUR BUSINESS
why the name
change?
I recently decided to shift the focus of my business
strategy. I say countless times that the business of #BGT
is about 3 years old but the brand of #BGT is about 9 years
old. I know this confused a lot of people. What's the
difference? Why change the name? Would people even
know who you are?
by
Mekeisha T. Naughton
Just so we're clear...
Before we begin, let us start with some definitons we can reference later.
Word-of-Mouth Marketing
Social Media Marketing
How many of you have bought
Using any social media something because someone
platform to promote your trusted literally told you about it?
business and sell your This is one of the strongest forms
products e.g. Instagram TV of marketing.
videos, Facebook posts and
groups, TikTok video This is why you need to make sure
challenges, Pinterest boards, you're always giving people
etc. something they can brag about.
Using email lists are a great way Getting people who have noted
market new products and influence AND your target audience
services. to promote your business products
and services is a newer form of
Use a lead magnet or a freebie marketing. It is effective but ensure
(like this very eBook!) to help the influencer chosen.
build your list of already
interested potential customers. Brand ambassadors and brand
affiliates fall into this category.
You may want to ask which is the best one. I humbly suggest ALL of them. Social
media is free and you can reach millions of people. Don't sleep on email subscriptions.
These are used by people who want to make sure they don't miss a beat from their
favorite brands. Influencers help you reach more people and ain't nothing more solid
that a high quality referral or co-sign from a customer.
Elements of Branding
Different things can shape a brand.
Brand Positioning statement: this can also be your Mission Statement noted in your
business plan
Brand identity: name, tone of voice, visual identity design (which includes the logo design,
color palette, typography, etc)
Product and packaging design: unboxing is an experience. Your customers care about
how their package arrives. Put effort here.
Workspace Experience and Management Style: how many people do you know who
would not work at a place simply due to the culture it has branded itself to have?
Pricing Strategy: if I ask you to name three high-end brands, you most likely can without
thinking too hard. Pricing is a part of your brand. Decide your price point and market
accordingly.
Website: one way to get people who do not know you to trust you is an active, attractive
and updated website.
List some things you can do to Write down some marketing strategies
improve your brand. you can use to aid your brand growth.
Think about what made you download this eBook. Was it my brand and its branding
that you trust or was it my marketing post?
In closing...
Please do not ever forget the rule of thumb.
Learn how to start your Do not make the mistake Instagram is one of the most
business legally and get of starting your business lucrative social networks.
access to 150+ vendors to without a plan. Get this Learn how to leverage and
put you on the right path. step-by-step guide. monetize yours.
www.badgyalting.com
www.badgyalting.com