Too many times, individuals use the terms branding and marketing
interchangeably (and marketing and advertising – but that’s a topic for another
time). Yes, sometimes it’s difficult to
tell the difference between branding and marketing but the more they are used
as substitutes for one another, the more confusion there is. Both are vital to the success of your business,
but for different reasons.
Difference between Branding and Marketing
Branding is why. Marketing is how.
Branding is long-term. Marketing is short-term.
Branding is big-picture. Marketing is strategic, focused and
single-minded.
Branding is strategic. Marketing is tactical.
Branding begins inside your organization. Marketing begins
with the consumer.
The most successful companies – regardless of size – focus
on both branding and marketing. The combination is powerful. The order in which
branding and marketing is approached matters.
Branding comes first. Marketing comes second.
It’s tempting to jump right into marketing. After all, your
ultimate goal is sales, and marketing is the strategy used to optimize for
sales. But if your strategy is based only on the quality of your product and
service, you are at a serious disadvantage. Competitors can offer the same or
perhaps a superior product and service.
What is your differentiator?
What is your why? Who are you and
why should consumers care?
Building awareness is important. Consumers need to
understand how your product or service solves their problems. You need to
figure out how to connect with your consumer, and the sooner you can figure
that out, the sooner the cash flows. But at some point, the consumer will look
past the hype to see if the brand truly matters to them.
Marketing is your message. Your brand is who you are.
Your brand lives in the hearts and minds of your customers
and your prospects. It’s what they think when they hear or see your name. Your
brand is based on a wide range of experiences and perceptions, some of which you
can control and some of which you can’t.
The ways consumers interact with and assess products and
services has changed dramatically over time. Consumers are increasingly tuning
out marketing and advertising and are digging deeper to better understand the
brand behind the product or service.
If you invest time and effort into understanding your brand,
the ways it connects with consumers on an emotional level and how to
effectively communicate it across the customer experience, you are much more
likely to see a return on your marketing strategies. The more emotion consumers
have invested in your brand, the more likely they are to buy from you.
Brands that engage with consumers, showing their personality
and sharing their values, surpass their competitors. These brands hear their
customers, and ultimately the customers hear the important message – our brand
matters because….
Marketing helps find and motivate buyers. Branding
creates loyal customers and advocates.
Your brand is your promise to consumers. It’s about the
experience they can expect when they interact with your brand. Your brand
allows consumers to anticipate future behavior because it is built on
consistent behavior. In fact, the more consistent the behavior has been in the
past, the more quickly the brand can convince consumers they “understand” what
your brand is all about.
Remember, marketing is what you do to attract people to your
brand with your message or brand promise.
Your brand is how you keep that promise with the brand experience.
Need help determining your brand and developing a strategic
marketing plan? Contact SK Consulting
today. From concept to creation to
implementation – we’re there with you every step of the way.
No comments:
Post a Comment