Thursday, May 15, 2014

5 Signs It's Time for A New Branding and Marketing Strategy

If you are considering creating a new branding and marketing strategy for your company, but aren't sure if it is necessary to spend time and money on such a venture, explore these five signs. Your current marketing plan just might be in need of a make over.
1. Your plan lacks integration
A well designed plan should be integrated in every aspect of your business. If your logo, colors, and tagline all change depending on the platform they are in, there needs to be a change to your plan. The brand should be clearly and consistently placed across all platforms. That is the key to growing your bottom line with branding and marketing.

2. Visitors and sales are lagging
If your image has grown dusty, or doesn't come to your customer's mind, then visitors to your storefronts and websites could be lagging. You have lost touch with your target audience. That affects sales. Reinvigorate your brand with a redesign and wow customers into coming back for services and products and remind them why they love to do business with you.

3. Your plan has been in place for over a decade
While many tried and true branding and marketing methods are still good ways to promote business, there are too many new options that are being missed if your plan hasn't been updated in a few years. Customers now shop from mobile devices and the social networks are always changing. Your website and plan should be updated to reflect these changes.

4. Website and collateral is overly promotional
The previous attempt to get the attention of shoppers by plastering ads, websites, and marketing collateral with neon-colored callout boxes featuring a number of sales items and closeouts is a thing of the past. Know what your customer wants, but simply make the site easy for them to find it. Try not to shove it in their face.

5. You plan to grow
If you plan to introduce a new product or service line, or open in new markets, then it is a great time to update your branding and marketing strategy. The right brand redesign can inform customers of the changes to look for and prove that you are ready for the increased business.

If you would like to learn more about branding and marketing in the Dallas, Texas, area, click here!

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