ISSUE 1
Inauthentic Noisy Marketplace Competition
“Noise” is the distraction from your Brand and its voice or message, which negatively impacts the sale of its products. Too many inconsistent messages and inauthenticity will cause noise. For example, many Brands attempt to stand out by following trends, but every time a trend changes, the Brand image is lost, and consumers are confused. This makes it difficult for someone to remember your Brand and to gain loyalty. Also, if a customer or prospect can’t distinguish between two Brand’s products, there is a significant chance there will not be a conversion to a sale.
SOLUTION
Identify + Capitalize on White Space Brand Opportunities
White space is the gaps in the marketplace, including product features and uses, audiences, presentation, and other differentiators. An initial investment in an in-depth white space analysis will identify opportunities for your Brand to be a leader and generate maximum sales potential. This process requires strategic creativity and is most successful when it incorporates perspectives outside of your company.
ISSUE 2
Outspent by Competition
Let’s face it; some Brands have bigger marketing budgets than others. These budgets allow them to spend more on production and media. This also gives them an advantage in acquiring and retaining customers at an accelerated pace. In these scenarios, it can be challenging for Brands with smaller budgets to compete for, let alone increase, market share.
SOLUTION
Navigating creative landscapes to procure the most effective Brand Assets
The good news is that bigger isn’t always better! With an incisive Brand strategy, you can identify and create the Brand Assets that will make you stand out in the marketplace – even if your competitors are outspending you. The core Brand Assets are:
- Your Brand Platform (values, visuals, and voice).
- Your web presence.
- Consistent Brand presentation in all digital and traditional executions.
- Other depending on the specific business needs.
ISSUE 3
Attracting Investors or Buyers
Many Brands underestimate the importance of Brand Value in investor and buyer relations, yet Brand authenticity and consistency communicate influence, integrity, and vision. In addition, having a comprehensive understanding of your competitors and highlighting your brand’s uniqueness is critical to attracting investors and buyers. Both Investors and Buyers prefer Brands with clarity, quality, and purpose in all facets of their operations and avoid Brands that do not clearly present these.
SOLUTION
Creating a strategic Brand Profile to optimize funding options
Brand Value should be the breath of every creative asset representing your Brand. This includes your logo, colors, written content, web presence, printed and digital media advertising, social media, public relations, etc. Brand messaging should be meaningful and compelling. Brand visuals should be unique and engaging. These components are a part of a Brand Strategy that develops a Brand Profile that is more likely to gain the interest of parties looking to invest or buy.
CREATIVE SOLUTIONS
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