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Developing a brand for you and your business

Is branding for you? Are you ready to develop your brand?

In last month’s newsletter Susan described what is meant by branding and shed light on some of the popular misconceptions. (see www.tourismknowledge.com/marketing_branding.htm).

I work with businesses and destinations to help them develop their brands and before I am commissioned one of the most common questions I am asked is “Surely only multi-national companies and well-known destinations can be brands?”

Although branding is most often associated with much larger businesses that make tangible products such as Nike or Mars, every business makes something (or offers a service) and wants to promote itself. Every business that is serious about success should clearly understand and develop its brand. In this sense, its brand isn’t a logo or identity – it’s the set of rational and emotional benefits it can offer its customers.

Branding is about making a product or service known to as many potential customers as possible, consistently, with the most effective use of time and money. Branding is about repeat business. Branding is about effortless referrals. Surely a benefit to any business!

I also advise that another way of describing a brand is to think of it as ‘your reputation’. All successful companies understand what their customers and clients think of their product or service. It is therefore important that if you are really serious about stealing a march on your competitors you need to understand what aspects of your reputation are most attractive to your customers and how to make sure you portray a positive image that ultimately sells what you are offering.

Here are a few questions to start you thinking about whether you have everything in place to start making your business a brand and differentiating it from your competition, no matter how large or small your company is.

1) Are you really passionate about what you are doing with your business, service or product?
It takes an amazing amount of energy and persistence to make a business take hold in the customer's mind. With more and more competition, it's important that you set yourself apart. Passion and enthusiasm go a long way to making this happen.

2) Do you have a big vision for your business, service or product?
Do you dream of reaching lots of customers in different ways with your product or service? Do you see a way to deliver your product or service to an increasing amount of people with less and less effort? Have you thought about moving beyond an hour-for-hour way of providing your service? All of these support a big vision – crucial for businesses that want to develop a brand and grow.

3) Is your product or service a real benefit to lots of customers?
It's important that you answer this one as honestly and openly as possible. Do you regularly ask your customers and clients what they think? Only by understanding whether you have an appealing product or service can you take your business or service forward and maybe you will have to develop even better products and services.

4) Are you prepared to surround yourself with a team or improve your skills to achieve business success?
Whether you are a sole trade or the owner or manager of a larger business it’s important to realise that you don’t have all the skills or knowledge that you need to succeed. Successful people realise that they need other successful people to support them whilst maintaining control, to take on responsibilities and activities, that they don’t have the time or ability for.

If some of your answers are negative then you need to address these issues now, as to create a successful brand you need a PACT; Passion, A Big Vision, Clear Understanding of your Customers and a Team to support you.

In the meantime, perhaps you'd like to join us on our the free/low cost branding workshop? www.tourismtraining.info/events.htm for more details.

Catriona Campbell
clear thinking communications
www.clearthinkingcoaching.co.uk

 

 

 

 

 

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