What is B2B Branding?
B2B branding involves rethinking how
a B2B company is viewed by a range of stakeholders—not just customers,
suppliers and investors but also potential acquisition targets and future
employees. Leading industries are
starting to practice many of the elements of B2B branding, from identifying the
key audiences for their messages to ensuring that their approaches to branding
align with their business strategies
Importance of B2B Branding
B2B organizations need robust,
coherent brands if they are to grow as fast as they tell shareholders they
will. Their conventional marketing and
communications efforts often seem ineffectual next to the ebullient messages
and often larger marketing budgets of their customers. Their trade-show booths and trade-magazine
advertising do more to reinforce existing perceptions than to help position
B2Bs for growth in new areas. In the
face of greater competition from B2Cs and other “appealing brands” (Google,
Apple), branding provides differentiation for B2Bs and a vehicle for attracting
talent.
How to be Effective
Focus on the key issues first: Who
are the audiences you need to influence, and how do you want to be viewed by
those audiences. Keep the brand strategy
simple and clear. Most people remember only a few brand values, so don’t dilute
your efforts by trying to “get all the key themes in”. Express the brand experience consistently
across all key “touchpoints”. This is the
most important points where customers interact with the brand, from brochures
to after-sales service. Instill employee
pride in the new brand strategy with a well-planned launch; make sure employees
start and keep ”living the brand”. Take
the long view. Yes, it is possible to
design a new logo in a few weeks, but a commanding brand grows from many
repeated experiences.
Over time 1 the rise and rise Of the
B2B Brand Many leading industrial businesses are rethinking how they are viewed
by a range of stakeholders—not just customers, suppliers and investors but also
potential acquisition targets and the employees of tomorrow. As such, these businesses are starting to
practice many of the elements of business-to-business (B2B) branding— from
identifying the key audiences for their messages to ensuring that their
approaches to branding align with their business strategies. And perhaps most important, they are now
willing to give brand strategy quite a bit of their time and energy.
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