|
For many small
businesses, especially home-based entrepreneurs, branding is a
concept reserved for big businesses. They do not have the time
nor resources to hire experts, consultants, and marketing
agencies to develop and communicate the brand of their business.
Branding is one of those
"fluffy" ideas that is at the bottom of a long to-do list (if it
ever makes it to the list) after the small business owner takes
care of running their business, going after non-paying
customers, balancing their books, and marketing their business.
And herein lies the
mistake of many small business owners. Branding does not mean
spending millions in advertising to communicate what the
business is all about. Branding is what the business stands for,
what makes it stand out, and what makes it different from all
the rest.
I interviewed Terri
Zwierzynski, CEO of Solo-E.com
http://www.Solo-E.com, a resource site for solo
entrepreneurs, on how small and home-based entrepreneurs can
leverage branding for their businesses. Terri is a marketing
expert focusing on one-person businesses, and has previously
written the highly informative article
"Differentiation -- Smart
Marketing Strategies for the Solo Entrepreneur"
Q: What is branding?
A:
Branding is the image that the world has of you and your
business. Notice I didn't say it's the image you create (or
think you create!) -- it all comes down to the perception of
others. That perception will be made up of many aspects of your
business, such as what products or services you offer, where you
are located, how your marketing materials (business card,
brochure, website, newsletter, etc.) look, feel, what they say,
and how they are presented. For instance, do you use bold,
bright colors or muted, soft tones? Is your business card
printed on plain or glossy stock? Is your brochure printed on
your home printer, or professionally printed on heavy stock and
machine-folded? Is your website packed with information or
elegant and spare? Your personal image also comes into play; do
you always wear a suit or heels, or are you a jeans and t-shirt
kind of person? None of these choices is right or wrong; for
instance, jeans and t-shirts might be appropriate for someone
specializing in mountain biking.
Q: How does differentiation
contribute to the overall branding strategy?
A: Differentiation
is how you present yourself and what you offer differently than
someone else in a similar field. For each of the aspects of your
brand mentioned above, there are choices that you make that
result in a particular perception. If you are a take-charge,
get-to-the-point person, your marketing materials should reflect
that bold and definitive style; you will attract clients looking
for that type of person. If you are more of a fuzzy-thinker with
a soft voice, pastels and wavy lines work better. The key is to
figure out who you really are, and then match your marketing
image to promote your strengths. Another aspect of
differentiation is how what you provide is different. If you are
a great people person, customer service may be a strength for
you...and that's important to convey. If you run a bicycle shop
and go mountain-biking every weekend, emphasizing your specialty in mountain bike styles can differentiate you. If you
love being an early adopter of any new electronic technology out
there, you can attract other folks that have that same interest
and want to buy whatever new item you have available, too.
Q:
Why should a home-based or solo entrepreneur utilize branding
strategies?
A: Branding is particularly ticklish for the solo
entrepreneur because, like it or not, you ARE your brand.
Getting comfortable with that fact is the single most important
aspect of your marketing! People will buy from you (or not)
based on how much they like you -- in many cases, how well they
can relate to your interests, your personality, your story, and
your philosophy. So it is important to convey as much about
yourself, and why you offer your particular product/service, in
your marketing materials as you can -- not writing your whole
life story, but distilling the important elements and getting
them across in a way that is simple and clear.
Q: Is branding a
domain solely of big businesses?
A: Absolutely not. You have a
brand, whether you've created it deliberately or not. If you do
nothing, no one will notice you -- you'll be like that character
actor who shows up in all the TV shows but no one remembers
their name or what part they played last. That will be your
brand, and that's not what you want! So spend time on your
branding, choosing what you are selling, the visual aspects, the
wording, the overall look and feel, because it's as important to
your business as Coke's brand image is to them!
Q: What low-cost
strategies could a home business owner do to differentiate his
business and create a brand.
A: In and of itself, branding
doesn't need to cost you a penny! You need marketing materials,
a website, a business card, just to be in business. Branding and
differentiation determines what goes on those materials and how
it looks. There are certainly excellent professionals who can
help you uncover and craft your brand; this may be well worth
the investment because you will be likely to have a crisper
brand that stands out, and get it faster than one your own.
However, there is no reason you can't start building your brand
on your own. It all comes down to making decisions: first,
determining the essence of who you are and how that relates to
your business; then, designing your marketing to fit that.
Q:
How can a solo entrepreneur use social media for branding and
differentiation strategies?
A: Social media is an excellent
place to build your brand and differentiating yourself...simply
by being yourself. Follow and be friends with people that
interest you, for whatever reason. Strike up a conversation, or
respond to something someone else says that is something you
know and care about. Don't worry about what is the correct thing
to say...if you are being authentically you, that's perfect.
It's that simple!
Q: Any other advice?
A: Don't be phony by
creating a brand image that isn't authentically you. You'll
never be that, and folks will discover it and you'll lose all
credibility. Similarly, make sure your branding is consistent. A
polished business card handed out by a t-shirt and jeans person
sends a mixed message. Touting your customer service and then
answering the phone brusquely will turn people off. If you are
opinionated, don't write politically-correct blog posts; go
ahead and be opinionated. Your ideal clients will love to hear
your opinions!
Isabel M. Isidro is the Managing Editor of
PowerHomeBiz.com and
WomenHomeBusiness.com . Read her blogs:
PowerHomeBiz Small and Home Business Blog,
Entrepreneur Success Stories, and
Learning from Big Boys
May 2009
|