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E-BRANDING: WHAT IS IT?

10 years ago, if you asked someone what marketing was they would answer selling and advertising. Marketing guru, Al Ries, says, “Today most products are bought, not sold. As a profession and as a function, selling is slowly sinking like the Titanic.”

What does this mean to your business – how can you put this piece of information to use on your website?

E-Branding is the answer – branding pre-sells a product or service and is simply a more efficient way to sell things. And the ultimate in brand-centered buying is happening on the Internet.

So what is e-branding and can it help you to expand? It’s associating a word or name in the mind of your customers with what you do. It conjures up images and qualities. E-branding is more important than e-commerce, says Annette Hamilton of ZD Net. http://www.zdnet.com/anchordesk/story/story_2821.html

You may be after the e-commerce, but you wont get very far unless you do e-branding first. Why? Brands influence buying behavior.

Why buy Hagen Daz? Or Mercedes? They have a certain image. We associate certain qualities with the name. That’s a successful brand.

As an entrepreneur you are a brand. Your company is a brand. Your customers have an image of you, whether you think so or not. Take control of it and position your brand in the minds of your potential customers.

And make sure that they have you in mind when they go online to look for something in your category. When they think of your product or your service, your name should pop right into their heads.

Think Chevy, Ford, BMW. Each one has a distinct set of images and qualities that come right to mind. You need to differentiate yourself this way.

You can’t please all the people all the time, my mother used to tell me. How right she was. Broadening your base is not the answer. Focus, focus, focus are the key words. Many successful companies got that way by narrowing their focus, concentrating on one area and making that stick in the minds of their customers.

When you know who you’re trying to sell your product or service to, devise a branding strategy for that audience. How do you find them? Figure out who has the greatest need for your product or service. Then decide how you want to be perceived by that group. And repeat it again and again and again.

Sally Falkow