Like this article? PLEASE +1 it! Evan Signature
Evan Carmichael Top Header
Share for a Cause









Pump Up Your Product Branding – Steroids for Your Business

Guest post by: Scott C. Margenau

Article Overview: You have a great logo and a nice new website, but your services are still called "Services." This distinct lack of product branding can keep your business in the land of mediocrity. Here we describe how to take your sales effort and put it on steroids. A Product branding strategy can help you pump up your business.

Free Download - Pump Up Your Product Branding – Steroids for Your Business By Scott C. Margenau
Name: Email:

Pump Up Your Product Branding – Steroids for Your Business

Branding is one of those business topics that is often woefully neglected. The problem is that many companies in the small to medium business segment often don't feel like they are large enough to warrant any time or effort in developing a real branding strategy. Even if some effort is placed into the company brand, it must be fully extended into the individual products in order to be successful. No product branding = weak and timid marketing!

A strong product brand strategy must incorporate several key elements:

With those important elements in place, each product can and should be branded for maximum market penetration.

Most companies have several products or services though there are few who have only a single product in a single flavor. Each individual product must have a brand associated with it. Let's briefly examine the fun world of cell phones for an excellent illustration of product branding in action.

When you think Blackberry, what do you think? Smart phone? PDA? Email on your phone? Cell phone? Well, your answer will depend on whether or not you own a Blackberry. For those who do not, you probably think of some combination of "smart phone" and "cell phone." But Blackberry owners don't think this, rather they are more apt to immediately associate Blackberry with a word like "Storm," "Tour" or "Curve." These are the names of Blackberry's more popular models. Individually, Blackberry does a fine job at product branding these devices. The Tour, for example has wonderfully conceived branding. The Tour is a phone that works all over the world. The tag line is "Live the Journey." The images on the Tour product page includes a young person riding a bicycle in front of a magnificent building in some exotic European destination.

This branding screams, "hip, mobile, travel, let's go!"

When we examine the Tour product brand in the context of the overall strategy, we can see areas that could use some polishing, however. The Storm phones, for example, has a name that doesn't quite fit the line of smart phones. Think about it...Storm, Curve, Tour, and Bold. What exactly do these have to do with one another? Blackberry overcomes this dissonance with their written messaging. Each phone uses a similar tag line:

Tour - "Live the Journey"

Bold - "Live to be Bold"

Storm - "Live the Big Picture"

Curve - "Live the Moment"

Unfortunately, this clever use of tag lines is lost on other models like the Pearl and the 8800 series. But for the newer smart phones, it is clear that some thought has been put into the product branding.

Improvements could probably be made in the product names themselves and in a customer needs analysis. That is, why choose the Curve over the Bold? What if I want to live in the moment and be bold? Are those two things mutually exclusive from one another, or are they quite complementary? There is some dissonance that should to be overcome with some higher level strategic branding. However, this serves as an excellent example of product branding in action.

Take a look at yourself....be honest.

Look at your product. What need does it serve? Identify the core function and benefit and then create a name and massaging that will speak to your prospects. If done right, you can bet that more of those prospects turn into paying customers.

Related Articles
  Time For A New Pump
  Home Based Business Branding To Identify Your Opportunity
  Finding Inspiration
  Give Your Sales Effort a Kick in the....Brand
  Strategic Branding Questions

Home > Advertising > Scott C. Margenau > Pump Up Your Product Branding a Steroids for Your Business
Article Tags: building a brand, coporate identity, marketing strategy, product branding

About the Author: Scott C. Margenau
RSS for Scott's articles - Visit Scott's website

Businessman, marketing veteran and published author, Scott C. Margenau funded and founded ImageWorks Studio in 1995. His creative nature and 20 years’ experience in business, sales and marketing have enabled Scott to build ImageWorks with a “marketing first” focus to ensure that clients’ media not only looks good, but also effectively generates revenue and brand awareness. Scott is president of the company and oversees creative and marketing direction. Scott has been a featured speaker, a radio guest, and is often quoted and referenced in business, trade and other media, such as Create Magazine and The Washington Post, Channel 9 News and numerous online publications. Scott is currently at work on his new book, Outside Perception: Influencing How Customers View Your Brand, which is targeted for release in 2008. In his free time he enjoys golfing, cooking, boating and fishing. Favorite Quote: “Some say the glass is half empty, some say the glass is half full. I say, are you going to drink that?” ~ Lisa Claymen

Click here to visit Scott's website
Dashed Line

More from Scott C. Margenau
Is helping others the best way to market your company
Why Your Business Needs a Blog
Setting a Marketing Budget
Flash Websites a Fun and Effective or Dead on Arrival
7 Reasons NOT to try handling your design and branding internally


Related Forum Posts
New Small Business Topic New Small Business Topic - Hello everyone, I'm on the lookout for new topics to add to my site. We just launched a Franchising section and are planning Human Resources section. Do you have any thoughts for a new section? Here's a list of what we currently have: Angel Investors Branding Bank Loans Business Coaching Business Plan Franchises (New) Insurance Legal Marketing Public Relations Sales Small Biz Loans Venture Capital
Del Castienne - International Business and Project Brokers Del Castienne - International Business and Project Brokers - In addition to the above, Del Castienne is an international brokerage firm specializing in various entrepreneural services. Del Castienne is more than just a brokerage, as we facilitate Private International Venture Capital for Business and Projects from Commodity Speculation Transactions, MBO, MBI, M&A, Bridging Finance, Patents, Branding, JV, Corporate Advisory Services, Business Plan Development, etc.. Del Castienne is linked to 1200 private international Venture Capital consortiums and Funding Syndicates with a funding capacity of $ 115 billion and 5000 international Investment Bankers and Business & Project Brokers. This in itself should provide you with a gateway to the best source of funding in the world. Through Del Castienne any entrepreneur can have up to a potential success rate of 25% (conditions apply) with absolutely no up front costs. Del Castienne charges a maximum of 5% commission which is far below the international standard of 10% - 12% on project value. If you are tired of running back and forth with countless dissappointments, please give us an opportunity to assist you. Our minimum Venture Capital amount is $1 million and we a Commitment Letter can be provided with in 30 days after formalities are in place and your information was received.
Re: Service Or Product? Re: Service Or Product? - I agree with starting a Service-based Business in the economy. Here is what I think is critical: 1. Researching that your Service business has a market. 2. Marketing the Service with as much leverage as possible. 3. Product-izing the Service (aka Package Expert Knowledge). This will only help elevate you as "the" expert in your niche and make you accessible to people in different price points.
My entry My entry - 1. The Best Business Books Ever: The 100 Most Influential Business Books You'll Never Have Time to Read - this is a fascinating book about the history of Business theory, and I'd recommend it to anybody. 2. The Big Book of Small Business: You Don't Have to Run Your Business by the Seat of Your Pants, by Tom Gegax. Ditto. 3. PADI: The Business of Diving Book Okay, so this book won't be of use to anyone who doesn't want to start a scuba store, but I did, and this book was of course invaluable to me in reaching that goal.
Re: Direct Mail Postcards Re: Direct Mail Postcards - [quote="jvprosperity":2r71nzqq]Kevin, your situation is very common. Get's me wondering if advertisers are just being lazy and "blanket" areas with advertising hoping that some will stick and get people to respond. mathew1 used the word "targeted" alot but I think that's what most advertisers are either not doing or not going deep enough in their targeting. I disagree that direct mail is more important to small business. Yes, it get's done more often within small businesses but that's 'cos of a small budget and them being forced to utilize it to it's fullest. Big Business focus so much more on Branding and Image Management since they have larger budgets but they also do a fair bit of direct mail and other methods.[/quote:2r71nzqq] Hi Andy, I'd say "naive" is a better word. In fact, "blanketing" areas with unwanted solicitation/ads is costly and will only hurt small businesses in the eyes of consumers (who will resent it).


Recommended Article for You close

  Time For A New Pump

Share this article with your friends. Fund someone's dream.

Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.



Featured Article


Bottom Footer
Share for a Cause












Newsletter

Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!
Name:
Email:
Popular Articles

Google Panda and Your Search Engine Rankings

Ten Things You Can Do To Be a Better Leader

Leading with Discernment

Suggestions

Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.