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National
Electrical Wholesale Providers, LLC.
"Commited to Educating The Professional Trades"
Phone: (800) 833-8788 Fax: (518)
793-7235
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Think NOW For The FUTURE...
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BRANDING YOUR BUISINESS
If you think only big corporate
names need to think about things like brand names, think
again. Your brand says a lot about you and your business,
and that's as true for a one person home- based operation
as it is for a multinational conglomerate. In this article
we look at how creating a strong brand for your business
can help you set yourself apart from the pack and lay the
right foundation for the future growth of your business.
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WHAT
IS A BRAND?
Your brand is more than just the
logo on your letterhead and business cards or your business
name. It is your corporate identity. An effective brand tells
the world who you are, what you do and how you do it, while
at the same time establishing your relevance to and credibility
with your prospective customers. Your brand is also something
more ethereal. It is how your business is perceived by its
customers. If your brand has a high perceived value, you enjoy
many advantages over your competition, especially when it comes
to pricing. Why do you think people are prepared to pay stupid
money for items of clothing with the initials "CK" on
them? Perceived value as a result of very effective brand
promotion resulting in very high brand awareness.
Now, I'm not saying we all need to rush out and start creating
brands that are going to be recognized the world over. Most
of us simply don't have the time or other resources necessary.
What I am suggesting, however is that it is possible for your
brand to dominate your industry niche. |
WHY
DO I NEED TO CREATE MY OWN BRAND?
Differentiation-We touched on this
in the previous section when we looked at what a brand is and
how it can be used to increase the perceived value of your
products and services. The main reason for creating your own
brand is to differentiate yourself from your competition. New
websites are a dime a dozen. So are home-based businesses.
You need to constantly be looking for ways to set yourself
apart from your competition. Your brand can do that for you. |
MORE
EFFECTIVE, EFFICIENT MARKETING
A good reason for creating your own
brand is to make your sales force (even if that's a sales force
of one - you) more effective and efficient .Imagine if you
didn't have to spend the first 50% of your time with a new
prospect explaining who you are, what you do and how you do
it. What if your brand had already communicated that for you?
You can spend 100% of your time focusing on sales rather than
educating your prospects about your business. |
BENEFITS OF BRANDING
A great benefit of branding is
that the efforts you expend increasing your brand awareness
through promoting and marketing your brand to your target
market automatically transfers to your products and services.
So, even when you're advertising your brand, you're indirectly
also marketing your products and
services.
We can help you create your own brand!
Get your name out there.
CALL US NOW AND WE WILL HELP YOU
1-800-833-8788 or email a Sales Consultant
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Image:FreeDigitalPhotos.net
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