Friday, January 17, 2014

Building the Best Brand

People prefer organizations they know themselves or through family and friends. Beyond that, they also prefer organizations with effective branding efforts. So be thoughtful when investing time and money building a brand.

The impact is best when aligned with a new project, venture, partnership or mission. To make the brand of the competition irrelevant, focus on serving target market segment in new ways. Be sure to consider:


Brand awareness
Perceived quality
Brand associations
Brand Loyalty

As a social entrepreneur, you can begin to build your brand equity by communicating your image, spreading awareness, creating associations (name, logo, packaging, colors) and building loyalty through promotions and benefits. 

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