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Did you know that some customers are willing to pay 31-50 percent? more for the same service if they get the impression that the company represents something valuable? Companies with poor branding also have to pay 10 percent more. higher salaries than those that have a vision that is clear to employees. Do you still doubt that it is worth having a brand strategy? What is brand strategy? Brand strategy – definition Brand strategy – examples from the moto industry When is a brand strategy needed? Are you looking for an effective strategy for your brand? Individual brand strategy Family brand strategy How to build a brand strategy? Inspiring examples of brand strategy Effects of implementing a brand strategy Today, branding strategies for places, cities and phenomena are also created .
This concept has long ceased to apply only to brands in the traditional sense of the term. Traditional manufacturing companies also have to be creative when it comes to strategy. An interesting example from recent years is Nike. The mere sale of sports shoes is Kazakhstan Phone Number List no longer a differentiator on the market. Thousands of companies have a similar offer. So Nike focused on branding based around... life attitude and beliefs. The famous "just do it" was just a starting point. Today, a proactive attitude is promoted by athletes in the company's advertisements, and Nike endorses a meditation application and numerous motivational graphics. In this way, he sells not shoes, but the beliefs associated with them.
What is brand strategy? The example of Nike shows that a good brand strategy can largely protect against crises or changing economic conditions. And how is this concept defined? By definition, it is a long-term set of various activities that are intended to lead to a predetermined goal. All these activities must be uniform and serve to achieve one effect. At the same time, marketing textbooks mention variability as an essential element of strategy. The idea is to be able to adapt the strategy to changing conditions, if necessary. Everyone, from the highest level to rank-and-file employees, should be involved in building a brand strategy .
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