Branding is how you package your product in such a way that
your target market will see your product as the only available solution to
their problem.
A great marketing person would always think of the sum total
experience of the customer with the product. That is why every stage in the product cycle is very
important. From the creation of
the idea to the manufacturing of the actual product down to the packaging using a taping machine to shipping and to
delivery. Every process is
essential and will contribute to the whole experience of the targeted market.
So how does branding works?
What are the key factors that influences branding? Listed below are some
essentials for an effective product branding:
1. Clarifying The Win – what is the “winnability” of your product? Your product should have a defined and
a clear goal. What do you want
your customers to feel when they are holding or using the product? Ask the question “what is the most important thing
that you want to achieve when your product is already out in the market?”
2. Focus on One Thing – you can clarify
the win by also being focused. Who
is your target market? What is
your unique message? Focusing will
also help you in engaging your target market. As you define your focus, as you own that one significant
thing, your target market would understand your product even more.
3. Be Consistent – focusing is not enough
to engage the market. You need to
be consistent with how you brand your product. If it’s for female today, don’t say that it can be for men
tomorrow. Consistency is
essential. Be consistent with your
message. Use the same taglines,
logos, images, fonts, tone and other visual components that will make the
customer remember your product. Do
this for a long time and you will win the market. Imagine McDonalds, they have been around the industry for
decades and one can still remember that yellow
letter “m” that is visually present in almost all corners of the
world. Consistency is indeed
essential. This is also where you
apply the technicalities of packaging the product. To be consistent would mean that you employ automation let
say in packaging. Uniformity in
packaging can be achieved by using high quality and dependable taping machine
or case erectors.
4. Call to Action – it is very important
that you stimulate your target market not to just remember your product but
most importantly to consistently buy you for a longer period of time. Give them a good offer to buy your
product. Be intentional and be
obvious with the offer. This is
where your pricing comes in. Study
the market for competitive pricing.
Quality and scarcity is also a factor for people to buy your product.
Branding a product is very practical but you have to be intentional and
should be timely. It is very
important that you invest time in researching and building your product. Every stage is a part of a bigger
objective and that is to deliver the end product to the consumer.
No comments:
Post a Comment