We hear so much about branding these days, but
it really seems like a big business concept. Do you think
branding is something that applies equally to small businesses?
What do you think of when you think about Rolls Royce,
or Nike, or Apple Computer? Each business evokes very
clear thoughts, feelings, and images. They all have a
strong corporate identity, or brand, associated with their
name, and it is no accident. These companies have spent
a lot of money getting you to conjure up specific images
and feelings when you think about their business.
So the idea of creating a brand for your business is really
quite important. While it might seem that creating a brand
is beyond your reach, that branding is a concept for the
"Big Boys," think again. Branding is something
you can, and must, do too.
Here's why: Boiled down to its basics, a brand is the
essence of what makes your business unique. It combines
your name, logo, and purpose into an identifiable whole.
Without a brand, you may find that instead of being all
things to all people, you are nothing to no one. A brand
is a hook to hang your hat on, so that people remember
you, which is probably more important to a small business
than anyone else.
You
begin to create a brand by carefully thinking about what
your business is, what makes it unique, who your customers
are, and what it is your customers want. Deciding upon a brand is
vital because many other decisions will hinge on this
one. Your name, logo, slogan, even the location you choose
and your pricing structure depend on the brand you are
trying to create.
You want to create a consistent theme through your ads,
pricing, logo, etc. which reinforces the image you intend
to create.
But branding goes even beyond that. Since your brand is
based both on how you want to be perceived, and how you
are in fact perceived, it follows that the other half
of brand building is creating positive perceptions based
on substance as well as style. How?
1.Discover what you do best and do it, again, and again,
and again: A brand is a promise that essentially boils
down to: 'If you buy from us, and you know what you will
be getting' e.g., Volvos® are safe or Atkins®
helps you lose weight. The key is consistency.
2. Offer superior customer service: All your hard work
creating that cool brand will be a waste of time and money
if it isn't reinforced by happy customers. Customers should
find it easy to work with you or buy from you.
3. Be a mench: Mench is a Yiddish word that basically
means "a good person." If your business practices
mench ethics, your brand grows. While good looks may get
you a date, being a mench will get you a mate. Pay invoices
on time. Do more than asked of you. Do things when not
asked. Help out in the community. That also builds your
brand.
Remember, the two keys to establishing a strong brand
are developing a specific identity, and then communicating
that identity consistently. Do that, and your small business
will have a hook that is memorable.
Steven D. Strauss
Author
of Big Idea: How Business Innovators Get Great Ideas
to Market