By Alex Yusof on Sep 25, 2017 9:21:00 AM
As an entrepreneur, you need to align your brand with the target market you want to reach out to for the business to be successful. Here’s a guide that’ll help you determine your business’s brand, identify your target audience and market your business.
1. Determine Your Unique Brand
To determine your unique brand, you need to know exactly what you want to sell and why you want to sell that product. Look at your business from the view of a potential customer. What do you think about your company? Would you use your services? Determine what sets your company apart from your rivals.
2. Identify Your Audience
Determine who will be interested in your products or services. Use test groups and focus groups which can help you understand what consumers think and feel about your new company and whether your products appeal to your target demographic . For example, targeting families without kids will not help you sell baby shoes. As such, being aware of your audience can help you market your brand.
3. Market Your Business Brand
Not only does your marketing plan have to support your brand, it needs to resonate with your identified audience. Your marketing messages should be sincere and catered to your customers’ needs. Once you determine the message and your marketing plan, you can create the materials that will help you spread the word out to the right people.
There are 2 ways to do this. Firstly, you can use traditional offline marketing by distributing coupons, flyers, business cards and other materials that can help you spread the message about your company. Secondly, you can use the power of digital marketing to get your brand message out. You can do this by using Google Search Marketing and social media marketing on platforms such as Facebook, Instagram and YouTube.
Branding for entrepreneurs is something you can accomplish without spending a tremendous amount of money. It may take some time before you start seeing sales coming in but it will definitely be worth the effort and time.