3 Things To Consider When Creating A Brand Strategy

Dec 08, 2020

In order for your business to have a solid reputation and jumping off point for all of your internal and external communications, you’ve got to have a consistent and well thought out brand in place. However, coming up with this brand amid all of the other businesses in your field can be challenging, especially if you don’t have experience thinking in this way.

To help those in this situation, here are three things to consider when creating a brand strategy.

Have A Message Behind Your Brand

Before you come up with the strategy for conveying your brand to your audience, you should first think about the message that you want to have behind your brand.

According to Allen Martinez, a contributor to MarketingLand.com, your brand message should reflect the story of and behind your business as a whole. Try to think about why you got into the business that you’re running and what inspires or motivates you to keep grinding each and every day. Hopefully, whatever the message is will really resonate with people on an emotional level, as this is when your brand message has the most impact and moves your entire company in the right direction.

Know What You Want Your Strategy To Achieve

When coming up with a brand strategy, you should consider what exactly you want your branding to accomplish for your business, as this will help you position yourself as well as assist you in knowing how to cater your brand strategy to your goals.

Different goals will require different iterations of your brand. For example, if you’re trying to create an experience within your physical business for your employees or customers, you’ll want to think about your brand when you do things like decorate with wall graphics or choose your color scheme. Depending on what you want your branding to do for your company and how you want your company to be thought of by others, Laura Lake, a contributor to The Balance Small Business, shares that your strategy will vary.

Striking The Right Balance

To come up with the right brand strategy for your business, Niraj Dawar and Charan K. Bagga, contributors to the Harvard Business Review, share that you need to strike the right balance between making your brand distinctive while also fitting in with the exact category of your target market. If you’re able to do this correctly, you should be able to have your brand set you apart from your competition in such a way that you become the standard that everyone else is measured against, making your brand the most well known and valuable.

If you’re needing to reassess your brand strategy, consider using the tips mentioned above to help you accomplish this.