A successful brand strategy takes time and effort to get right, and it will usually need ongoing development and investment to see a real return. But although all brand strategies are different and tailored to the unique needs of their business, there are also common characteristics that are typically in place. Here are some of the main signs of a successful brand strategy:
1. The offer is differentiated
Sometimes a brand can succeed on the basis of its sales proposition. But the best approach generally is to have an offer that is either better than or different from the rest of the market. Using visuals and differentiating words won’t be sufficient to succeed long-term if your proposition is simply the same as your competition.
2. The offer is relevant
Many brands seek to be unique, but what customers want is relevance. Don’t make the mistake of choosing an overly narrow niche just to be different. Focus instead on how your offer and its message actually address the needs of your customers
3. It’s simple
A good brand strategy agency will always tell you to focus on simplicity. Customers don’t have the time or inclination to wade through complex messaging or jargon. They simply want solutions to their problems.
So, if you can be clear, concise, and simple (without being patronising), your customers will respond accordingly. Find out more at reallyhelpfulmarketing.co.uk/specialist-services/brand-strategy-agency.
4. Great execution
Again, a brand strategy agency will always tell you that the key enabler of a great strategy is flawless execution. Sometimes brands focus too much on their plans and strategies and not enough on their delivery plan.
Concentrate on getting it right, covering all channels and really focusing on the delivery, and you’ll see the results you’re looking for. Remember to allocate sufficient budget, resources, and measurement to each activity too for ongoing refinement.
Together, these four characteristics will elevate your brand strategy from zero to hero. So, invest your time and effort into getting these right and you’ll stand a far better chance of success.