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Add You - Branding, The How's, What's And Why's
What Roles Should You Play in Your Business? e ipod to be superior and are willing to pay more for the pleasure of owning one. Indeed many people would not consider any other purchase. This is clever branding by Apple who marketed their product as being very desirable to certain markets.Michael Gerber, in his book the e-Myth, talks about the importance of working ON your business, rather than IN your business. In one case you're doing the planning, creating the vision, leading your organization (regardless of the size). In the other, you're doing the actual work of the business - the details.As entrepreneurs our tendency is to take on all the detailed work in our business. Primarily because it's what we know how to do. And secondarily because we're sure no one else can it as well as we can.But what role should you be playing in your online business?There are three major functional areas in online success:- Decision making - things that only you, the business owner can do- Marketing activities - which you can hire out- Technical activities - I Don't Have that Kind of Money - So Why do I Need to Create my Own Bran So what is Branding? Many people think that having a logo and maybe a short description of their services is all they need to set up their brand. This is not so. Your brand encompasses all that your business does, from first contact with your potential customers through to how your products are defined and sold. Your brand is what defines and describes your business. Look at any two different companies that compete in the same market and look at how people recognize and remember them. For example look at Rolls Royce and Toyota - they both sell cars but each company is known for a different reason. Someone looking for a car on a budget would not go to Rolls Royce - yet both sell their cars on reliability. Clearly more people would aspire to purchase a Rolls Royce, but many also be happy to purchase a Toyota. Look again at the perceived value of a brand. Why is the iPod the desired MP3 product when other brands have similar properties and reliabilities? People perceive the ipod to be superior and are willing to pay more for the pleasure of owning one. Indeed many people would not consider any other purchase. This is clever branding by Apple who marketed their product as being very desirable to certain markets. I Don't Have that Kind of Money - So Why do I Need to Create my Own Brand Your brand is what defines and describes your business. Look at any two different companies that compete in the same market and look at how people recognize and remember them. For example look at Rolls Royce and Toyota - they both sell cars but each company is known for a different reason. Someone looking for a car on a budget would not go to Rolls Royce - yet both sell their cars on reliability. Clearly more people would aspire to purchase a Rolls Royce, but many also be happy to purchase a Toyota. Look again at the perceived value of a brand. Why is the iPod the desired MP3 product when other brands have similar properties and reliabilities? People perceive the ipod to be superior and are willing to pay more for the pleasure of owning one. Indeed many people would not consider any other purchase. This is clever branding by Apple who marketed their product as being very desirable to certain markets. I Don't Have that Kind of Money - So Why do I Need to Create my Own Bran For example look at Rolls Royce and Toyota - they both sell cars but each company is known for a different reason. Someone looking for a car on a budget would not go to Rolls Royce - yet both sell their cars on reliability. Clearly more people would aspire to purchase a Rolls Royce, but many also be happy to purchase a Toyota. Look again at the perceived value of a brand. Why is the iPod the desired MP3 product when other brands have similar properties and reliabilities? People perceive the ipod to be superior and are willing to pay more for the pleasure of owning one. Indeed many people would not consider any other purchase. This is clever branding by Apple who marketed their product as being very desirable to certain markets. I Don't Have that Kind of Money - So Why do I Need to Create my Own Bran Clearly more people would aspire to purchase a Rolls Royce, but many also be happy to purchase a Toyota. Look again at the perceived value of a brand. Why is the iPod the desired MP3 product when other brands have similar properties and reliabilities? People perceive the ipod to be superior and are willing to pay more for the pleasure of owning one. Indeed many people would not consider any other purchase. This is clever branding by Apple who marketed their product as being very desirable to certain markets. I Don't Have that Kind of Money - So Why do I Need to Create my Own Bran I Don't Have that Kind of Money - So Why do I Need to Create my Own Brand? The main reason, has to be to differentiate yourself, but it also makes the promotion of your company and development of your products so much easier. There are thousands of new businesses and many times more web sites. You need to: Your products are easier to define and design, if you center them around your brand definition. For example we have PowerPacks that include everything you need to set up a specific type of business. Thus we sell The AdSense PowerPack, The Affiliate PowerPack and The Entrepreneur PowerPack. Thus we take this concept and produce the products to fit this brand image. We are known for our PowerPacks which helps with our sales. So How Do We Create Our Own Brand Then? You brand must say: You brand MUST establish your company and build your credibility with your prospective customers. In order to
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