According to Marty Neumeier, "the main purpose of
branding is to get more people to buy more stuff for more years at a higher
price." For beginning entrepreneurs, brand building is an important part
of firmly establishing your business within the market. If your business has
poor brand recognition, or if you promote an inconsistent brand, you may lose
or even alienate some of your best customers. Here are a few basics to help you
get your brand off the ground if you are starting from scratch.
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Once your brand has firmly been established, your job is nowhere near over.
Consistently monitoring your brand strategy, or hiring a qualified branding
agency to do it, has several benefits. For one, you are guaranteed to not have
any lapses in your brand, secondly, hiring a branding agency can help you stay
ahead of trends, developments, and current events that relate to your business,
allowing you to capitalize on each as an opportunity to further promote and
strengthen your brand.