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  • Suggest You - Your Brand is Your Promise! (So What Are You Promising?)

    Tips For Establishing Business Credit Fast
    Borrowing from the SBABorrowing money is one of the most common sources of funding for a small business, but obtaining a loan isn't always easy. Before you approach your banker for a loan, it is a good idea to understand as much as you can about the factors the bank will evaluate when they consider your loan. This discussion outlines some of the key factors a bank use
    missed the mark when they introduced NEW Coke. People believed in Coke, identified with Coke and it was a part of their history. New Coke was seen as a betrayal of the brand itself, a vote of no confidence in their core product. "What's wrong with the original Coke?" was the immediate question that popped up in most minds. That's why is so important to know what it is, and why it is, that people buy from you and believe in you.

    Know your promise and keep your promise. Pretty simple? Yet it will go a long ways toward making your company resonate with your customer on a deep and lasting level. And that's a

    The Critical Need For Critical Thinking
    In the depths of the Second World War the allies were taking punishing bomber losses in the European Theater. It was not just the loss of aircraft but of trained crews that created grave concern. The allies could not replace crews at this staggering rate.A research project was started to discover ways to avoid these losses. The boffins (scientists and engineers) studied the aircraft
    When people mention the word "brand" they usually mean a well known, well defined company. That's why consumers frequently mention names such as Target, Rolex, Apple, BMW and others who have done an excellent job in crafting an image and sticking with it. Buyers know what to expect from these companies, and as long as these companies meet that expectation, they will continue to imprint their brand in the minds of our their audience. It's pretty simple really, if you just keep in mind these two principals.

    Principal One: Know your promise.

    As amazing as this may seem, most companies don't really know what it is they are promising their clients. That's why they have weak brands. They may have mission statements, and can spout off why everyone should use their product or service, but really it's just a rambling list. Out of fear of losing audience, most companies will try to compete on price, quality and service... and that's a recipe for disaster. Who wants to buy a watch from the Discount Overnight Rolex store? If you try to go after all three areas you end up muddied in the mind of the consumer, who is trying to put you in a box. And in this case... that's a good thing!

    A mental "box" is not that different from a set of mail room boxes. The customers gets all these incoming "messages" and has to sort them all day. The easier you make it for them to sort your company, and put it in a category, the easier it will be for them to recall it when needed. Try this... think of a fast place to eat. How about the best tasting food? And finally, the place you go if you really want to impress someone? You can probably think of each of these categories rather quickly. And chances are, these companies are more than happy to fill that niche without trying to become much more.

    Take a moment and write out in two or three sentences (more if you're feeling inspired) exactly what your brand promises. It will usually fall under three main categories... quality, service or price. But there are nuances. Ben & Jerry's image contains both a quality message and a social message... one of comittment to the community and environment.

    Principal Two: Never violate Principal One.

    Once you have firmly established your promise in the minds of consumers, make sure every move you make conforms to that promise. Coke was fine to come out with Diet Coke, Cherry Coke and a host of other flavor variations (brand extension) but they completely missed the mark when they introduced NEW Coke. People believed in Coke, identified with Coke and it was a part of their history. New Coke was seen as a betrayal of the brand itself, a vote of no confidence in their core product. "What's wrong with the original Coke?" was the immediate question that popped up in most minds. That's why is so important to know what it is, and why it is, that people buy from you and believe in you.

    Know your promise and keep your promise. Pretty simple? Yet it will go a long ways toward making your company resonate with your customer on a deep and lasting level. And that's a

    Yellow Page Ads No-No's -- Part 1
    You may have an ad that’s barely holding it’s own and not even know it. But there is a simple test. Make a copy and ask for feedback from employees, friends, relatives and total strangers. In fact, the last group is best because they will be the most honest. If you have a store, it’s pretty easy. Post the ad at the front counter and ask your customers to fill out a form explaining you need to
    they are promising their clients. That's why they have weak brands. They may have mission statements, and can spout off why everyone should use their product or service, but really it's just a rambling list. Out of fear of losing audience, most companies will try to compete on price, quality and service... and that's a recipe for disaster. Who wants to buy a watch from the Discount Overnight Rolex store? If you try to go after all three areas you end up muddied in the mind of the consumer, who is trying to put you in a box. And in this case... that's a good thing!

    A mental "box" is not that different from a set of mail room boxes. The customers gets all these incoming "messages" and has to sort them all day. The easier you make it for them to sort your company, and put it in a category, the easier it will be for them to recall it when needed. Try this... think of a fast place to eat. How about the best tasting food? And finally, the place you go if you really want to impress someone? You can probably think of each of these categories rather quickly. And chances are, these companies are more than happy to fill that niche without trying to become much more.

    Take a moment and write out in two or three sentences (more if you're feeling inspired) exactly what your brand promises. It will usually fall under three main categories... quality, service or price. But there are nuances. Ben & Jerry's image contains both a quality message and a social message... one of comittment to the community and environment.

    Principal Two: Never violate Principal One.

    Once you have firmly established your promise in the minds of consumers, make sure every move you make conforms to that promise. Coke was fine to come out with Diet Coke, Cherry Coke and a host of other flavor variations (brand extension) but they completely missed the mark when they introduced NEW Coke. People believed in Coke, identified with Coke and it was a part of their history. New Coke was seen as a betrayal of the brand itself, a vote of no confidence in their core product. "What's wrong with the original Coke?" was the immediate question that popped up in most minds. That's why is so important to know what it is, and why it is, that people buy from you and believe in you.

    Know your promise and keep your promise. Pretty simple? Yet it will go a long ways toward making your company resonate with your customer on a deep and lasting level. And that's a

    The Impact of Oil Prices on the Freight Industry
    Instability in the Middle East and threats to geo political harmony from Iran are combining to hike up oil prices around the world. This is having an impact at all levels from big business to consumers; and the freight industry in particular is under strain as a result.In the UK petrol prices are reaching record highs which is affecting the cost of road freight transportation. However,
    m a set of mail room boxes. The customers gets all these incoming "messages" and has to sort them all day. The easier you make it for them to sort your company, and put it in a category, the easier it will be for them to recall it when needed. Try this... think of a fast place to eat. How about the best tasting food? And finally, the place you go if you really want to impress someone? You can probably think of each of these categories rather quickly. And chances are, these companies are more than happy to fill that niche without trying to become much more.

    Take a moment and write out in two or three sentences (more if you're feeling inspired) exactly what your brand promises. It will usually fall under three main categories... quality, service or price. But there are nuances. Ben & Jerry's image contains both a quality message and a social message... one of comittment to the community and environment.

    Principal Two: Never violate Principal One.

    Once you have firmly established your promise in the minds of consumers, make sure every move you make conforms to that promise. Coke was fine to come out with Diet Coke, Cherry Coke and a host of other flavor variations (brand extension) but they completely missed the mark when they introduced NEW Coke. People believed in Coke, identified with Coke and it was a part of their history. New Coke was seen as a betrayal of the brand itself, a vote of no confidence in their core product. "What's wrong with the original Coke?" was the immediate question that popped up in most minds. That's why is so important to know what it is, and why it is, that people buy from you and believe in you.

    Know your promise and keep your promise. Pretty simple? Yet it will go a long ways toward making your company resonate with your customer on a deep and lasting level. And that's a

    Soap Box And Rants From Lance From Days Gone By, Part I
    Okay so I do a lot of research; have traveled afar and obviously I have something to say. Ah; “Rants from Lance” indeed. Yes in fact it is over do but it is time; It is Soap Box time; I Read an interesting article today about the fact that 80% of all penalties for employment withholding costs were fined to small businesses with under ten employees. Probably because when the large companies w
    nces (more if you're feeling inspired) exactly what your brand promises. It will usually fall under three main categories... quality, service or price. But there are nuances. Ben & Jerry's image contains both a quality message and a social message... one of comittment to the community and environment.

    Principal Two: Never violate Principal One.

    Once you have firmly established your promise in the minds of consumers, make sure every move you make conforms to that promise. Coke was fine to come out with Diet Coke, Cherry Coke and a host of other flavor variations (brand extension) but they completely missed the mark when they introduced NEW Coke. People believed in Coke, identified with Coke and it was a part of their history. New Coke was seen as a betrayal of the brand itself, a vote of no confidence in their core product. "What's wrong with the original Coke?" was the immediate question that popped up in most minds. That's why is so important to know what it is, and why it is, that people buy from you and believe in you.

    Know your promise and keep your promise. Pretty simple? Yet it will go a long ways toward making your company resonate with your customer on a deep and lasting level. And that's a

    Keeping Up With Online Business Reading
    It can be a major source of frustration trying to keep up with all of the business-related information, newsletters, updates, offers and so on that land in your email box. And although there may be no perfect way to ensure that you can read everything you want to and need to in order to stay current, while at the same time preserving enough time to do the work you need to do to keep your busi
    missed the mark when they introduced NEW Coke. People believed in Coke, identified with Coke and it was a part of their history. New Coke was seen as a betrayal of the brand itself, a vote of no confidence in their core product. "What's wrong with the original Coke?" was the immediate question that popped up in most minds. That's why is so important to know what it is, and why it is, that people buy from you and believe in you.

    Know your promise and keep your promise. Pretty simple? Yet it will go a long ways toward making your company resonate with your customer on a deep and lasting level. And that's a promise.

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