Tuesday, September 25, 2012

An Opportunity for Branding | Business 2 Community

There are so many reasons to not take up opportunities in today?s world. The world is heading into a recession. The competition is just too strong. Customers don?t know what they want. And so on and so forth. But these are simply excuses. What is important is that there are genuine opportunities all around us. In fact, every problem that has been mentioned above has a silver lining. A recession means that the weaker players will be weeded out. Competition means that the industry is thriving. And customer ignorance simply means an opportunity for someone to educate them. In fact, thousands and thousands of people take the plunge into business on a daily basis.

But a business opportunity is not just that. It should also be treated as an opportunity to create a great brand. It is one of the critical things that offers sustainable competitive advantage to any business. In fact, a great brand can also overcome all the problems mentioned above. A great brand can survive a recession, it can quell the competition, and it can certainly whet any potential customer?s curiosity. Hence, once the decision to seize an opportunity has been taken, it is imperative that the vision includes the aspiration to build a strong brand for all seasons. It is something that will provide that extra leverage in the face of any storm.

But great brands are not built overnight. In fact, they cannot be built overnight. Branding is an ongoing activity, a journey and not a destination. Hence, it should be something that is carefully planned, and a brand is something that needs to be nurtured over time. But the rewards of a carefully cultivated brand are plenty. For one, it provides a distinct identity to your company and cannot be easily displaced or copied. And that is precisely why it takes time to build. Hence, branding should not be only about the visual identity which can be easily copied. It is imperative to build layers and layers which provide that unique essence. So go ahead and grab those opportunities and create that stand-out brand.

Source: http://www.business2community.com/branding/an-opportunity-for-branding-0284113

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