Saturday, January 26, 2019

Brand Management Agency Fundamental Principles

Brand Management is the activity of supervising the promotion of a particular brand of goods or even persons. In marketing, brand management is the analysis and planning of how a brand is perceived in the market.
Brand strategists or managers work assiduously towards ensuring that the clients' marketing goals align with their business goals. The brand must be unique, focused, simple, has visual appeals, and is applied consistently across all channels. Brand management has certain fundamental principles.
1. Leverage Your Unique Selling Proposition: Your value proposition differentiates your product or service from other brands.Creation of your unique selling proposition (USP) requires a great deal of hard work and research. Define clearly what differentiates the product from its competition. USP is one of the factors responsible for GLO Mobile's phenomenal success in the Nigerian telecommunication sector. No sooner had the GLO Mobile joined the sector than it introduced per second billing, which the existing networks were yet to introduce. The singular action endeared it with the masses. It gained huge popularity, and immediately gave the existing networks a run for their money.
2. Choose Appropriate Medium and Means: Market your brand by choosing the appropriate medium and means. Content marketing and social media marketing are veritable media of marketing your brand.
3.Internal Development of Brand: Charity, they say, begins at home. You must evolve your brand from the inside.All your employees are your brand ambassadors. Every department in your organisation must represent your brand in all communication with customers and clients.
4. Device Means to Circulate Your Brand: Leave no stone unturned to ensure that influencers circulate your brand. Let someone else also market your brand for you.
This is known as third person effect. It is pivotal to brand management.


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