5 Core Steps to Building a Business Brand Strategy

Every business has a brand image attached to it, but the work that goes on before that brand image is launched is critical to long term success. The role of the business owner or brand manager is to determine what you want your brand image to be, and then define a strategy to make the brand image a reality.

Following are five core steps to help you get started with a strategic plan to build a brand for your business.  These are certainly not the only steps to brand-building, but they are at the heart of developing any brand strategy.  Read my 5 Rules of Branding post to learn the steps you should take to build your brand after you’ve developed your brand strategy.

1. Research the market.

Before you can begin thinking about your own brand, you need to understand the state of the market in which your business operates. Until you understand the existing market, you can’t fully define where you want your brand to be positioned within that market. Take the time to investigate the market, your competition, threats and opportunities. Then sit down and evaluate where your business fits in the existing market and where you want it to fit going forward. That’s your business’ position in the market. Once you know your position, you can define a brand message that accurately reflects that position.

2. Define your primary brand message.

Ask yourself how you want your business to be perceived by customers. The answer to that question determines the goal of your primary brand message. Next, you need to map out the steps to get to that goal. How do you need to present your business through marketing communications, employee communications, customer service, etc. to gain the reputation that will lead you to reaching your branding goal? Outline the tactics you need to take to build that reputation and the messages that will help you develop that reputation, and your brand image will grow organically in the minds of consumers. [Read more]