Small Business Branding - The Personal
Connection
By
William Arruda
Editor's
comment: Small business marketing shares many features with
marketing for larger organisations. However, one area where small
businesses can excel is through promotion of their owner or founder.
In a single person organisation this is vital but, even in "larger"
small businesses, the owner or founder is very much tied to the
ideas and operation of the organisation. William Arruba notes that
this is one area where personal branding has a crucial role to play.
Business
is becoming more and more competitive. Small Business is the fastest
growing segment of business in most parts of the world. And thanks
to the Internet, your competitors are no longer just the businesses
down the street. They are the businesses in the next town, the next
country and even on the next continent. So, as the leader of a small
business, how do you succeed in a dynamic world of increasing
complexity with a much larger set of competitors? The answer seems
too easy to be true:
Be
Yourself
To
succeed with your small business and keep it on the right track, use
your personal brand - your unique promise of value. Because in the
world of small business, the corporate Brand is the personal brand
of its leaders. These brands are inextricably linked. You need only
look at successful entrepreneurs like Ben and Jerry, Richard Branson
and Bill Gates to see that entrepreneurial ventures take on the
values and passions of their leaders. According to Nation's Business
Magazine, "Branding is the hottest concept in marketing today, and,
it's an idea that is not just for the deep-pocketed, highly glossed
Coca-Colas and Nikes of the world. An increasing number of
independent-business owners are embracing branding as the guiding
philosophy for building their companies."
Being
true to your personal brand ensures that your business stays on
course and remains highly differentiated and valuable to your target
market. Christophe Ginisty, Managing Director of the Communications
Firm Rumeur Publique, says ”Buyers are putting their trust not only
in a company, but in the leaders of that company. For small
businesses, the leaders are often even more important. It is
critical to ensure that the leaders are an integral part of the
corporate communications strategy and that their personal brands are
clear, relevant and accurate.”
Building
your business around your brand also enables you to obtain the
highest level of satisfaction and fulfilment from your hard work.
The first and most important step in brand building involves
uncovering your unique promise of value. This helps you to identify
what is truly important to you, what makes you unique and what
values will drive your business decisions. Understanding your true
personal brand enables you to stay on target with your business and
make strategic and tactical decisions that are consistent with your
values, your passions and your goals.
Once you
have a clear understanding of your differentiation and its relevance
to your ideal target audience, you can build a brand communications
plan to get your message out to those who will make your business a
success. These communications need only be focused on your target
market. If your target market is everyone in the world, you will
need a communications budget the size of Coca-Cola’s. That’s why
focus is the key. Although it seems counter-intuitive, the smaller
you make your target market, the greater your chances of success.
Like
with all strong brands, once you have established an authentic and
differentiated brand that is relevant to your target audience, you
must ensure that all aspects of your business are reinforcing this
brand message. Developing brand guidelines that clearly describe
what is on- and off-brand for your business will help guide you as
your business grows.
So when
developing a branding strategy for your small business, take a good
look at your personal brand. And through the clear and consistent
expression of your unique promise of value, your business will
thrive.
The three steps to using your personal brand to build your business:
Unearth
Your Brand
-
Document your vision, purpose, values and passions
-
Be
clear about the goals for your business
-
Describe your ideal target audience
-
Understand your competitors
-
Define your unique promise of value (what separates you from
your competitors and is compelling to your target audience)
Build
Your Brand Communications Plan
-
Define the communications tools you will use to reach your
target audience
-
Clearly document your brand message and ensure that it is
included in all your communications
-
Develop a communications plan that will keep you constantly
visible to your target audience
Manage
Your Brand Environment
-
Make
sure that everything that surrounds your brand (your office, web
site, customer service organization, etc.) communicates the
same brand message.
-
Build and nurture your professional network and ensure that all
members understand your brand message.
-
Establish appropriate partnerships to extend your brand and gain
complementary brand value.