Showing posts with label brand. Show all posts
Showing posts with label brand. Show all posts

Guide to a good New Year's resolution for small business branding

New Year's business branding resolution
We all want to make ourselves and our lifestyles better (or at least you should). Most of us make New Years resolutions, some big some small, to improve our health, our careers, etc. But, one mistake almost all small business owners make is not having a New Year's resolution for their pride and joy, their business.

Unless you made so much money in 2013 that you're set to retire next month, then your business has room for improvement. Maybe you missed out on some sponsorship opportunities. Maybe you came up short on your projected sales. Maybe you didn't paint that darn pink wall in your store that all of the customers cringe at. Or maybe you didn't get around to that rebranding project or new website that you were planning to do. (If this is you, we should talk) If you've never made one before, just give it a shot. You have nothing to lose by doing so.

Like everyone else making lists this time of year, I've compiled a some of my favorite and most effective business resolutions. Plus, I'll give you tips to help achieve those resolutions.

First, one tip is to make resolutions that are beneficial and that are attainable. "I want to lose 100 pounds by Valentine's Day." or "I will double my profit and half my expenses." are not realistic and reachable goals. Which brings me to my first resolution...

1. Make a branding strategy

So many small businesses have potential to have an effective identity that could retain loyal customers. They just need to have a strategy.

How to achieve:
Start with setting just one goal. Don't overwhelm yourself. My suggestion is to be persistent and consistent in all touch points of your brand. I suggest working with a marketing or creative professional (we're more affordable than you think). Anywhere your product or advertisements or other materials are seen by your customers should have a consistent look, feel, and messaging. Then, follow up with customers and your professional every couple months with a larger end of the year meeting to discuss the strengths and weaknesses of the effort.

2. Set a marketing budget

You'd be amazed how many business owners fly by the seat of their pants (where did this saying come from?) when it comes to their marketing. They wait until business gets slow, unfortunately when there's little money to work with, to start advertising in hopes of new customers.

How to achieve:
Plan out in January what your marketing objectives are and how much you're going to spend throughout the entire year. A good rule of thumb is to spend 5-7% of yearly revenue on marketing. 4-6% should be spent on regular consistent advertising and 1-3% should be spent on brand improvements like a new website, logo, identity materials or packaging. Divide your budget by month and do a little more marketing in your busy months when there's more to work with.

3. Build a web presence

It's no mystery today that 80-90% of all website traffic comes from search engines like Google and Bing. You can increase the hits to your website and your search rankings by improving your web presence. It's a team effort between your website, inbound marketing, blog and social media.

How to achieve:
Again, work with a professional! Set up all of your social media accounts, but only the necessary ones. Make the look and feel consistent in all areas. Start blogging! A huge benefit to your search rankings is to continuously have new content directing visitors to your site. Lastly, work on the keywords and SEO friendly content on your website.

4. Make 1 big improvement to your product or point of purchase

One of the most important things you will do this year is to make just 1 big improvement. If you're not getting better you're getting worse. If you're standing still, you're falling behind.

How to achieve:
Like I said, set just 1 big improvement to make. If you don't have a website, you're way past due for one. If your technology is out dated, make a goal to get all new equipment. If your shop is getting run down, make it a point to clean and fix everything. Set a deadline for your improvement and STICK TO IT!

What's your resolution?

All of these things are beneficial and sometimes crucial to your success. Let me know what your business resolution is and I will let you know how I can help.

Happy New Year's! And as always, #BeAmbitious.


What makes the WestJet Miracle video so wonderful?



Last week this video went viral and WestJet had the more hits to their website and more flights booked in one week than they have almost the entire rest of the year. It seems every large company today wants to make viral videos, and why not, they boost your brand recognition more than any other form of advertising. But, very few companies have unlocked the secret to getting a video to actually go viral like WestJet and GEICO. I've dug into this video and I'm going to help explain what about it lead to over 26 Million hits in about a week.

Let me preface this all by saying there is no single secret to making a video go viral. You must find something that strikes a chord with the viewer. Most often it is humor but can also be something that hits you emotionally or is inspiring.

Holiday Spirit

The number one thing that airline company WestJet did right was to release this video right before the holidays when people will be traveling more than any other time in the season. So the timing was a big factor.

It's also a time when the spirit of giving is high. Most businesses give a small discount or send a thank you letter to their customer. These guys did a great job of getting out of the box (or in the box if you're the WestJet Santa).

The Blind Side

The next key to the success of this video is the surprise factor. WestJet used their sources of technology perfectly. They showed us that miracles can come true and in the case of the guy with who wanted socks and underwear, they showed us to be careful what you wish for.

WestJet kept viewers intrigued by making them wonder why flyers were talking to a Santa in a box before their flight. Once you're to that point in the video you're hooked.

A Tingly Feeling

The last and probably most important factor to this video going viral is it relates to viewers on an emotional level. Even if you're not the person getting the surprise gift from the luggage pick up area you can't help but smile when you see the look on someone's face when they get a gift they've really wanted. If there's any for sure secret to making a viral video it's making something inspiring and emotional.

So why do I care?

WestJet's video and project is an example of the most powerful branding I've ever seen. First of all, most of you are probably like me and had never heard of WestJet before. So they've gained brand recognition.

Second, a large portion of people who have viewed the video and have the option to choose WestJet for their flight will do so. They respect what WestJet did and other people simply will buy a ticket hoping they might get lucky and have the same experience and get a free gift (freeloading is in our nature, but you just paid $300 for a chance to get a free gift).

And lastly, WestJet just gained approximately 50 very loyal customers. Those flyers will forever fly with WestJet as a subconscious thank you for those awesome surprises and the experience. And more over, those flyers will tell their family and friends about the experience and the airline will gain more loyal customers. Word of mouth is, and always will be, the most powerful form of advertising.

Now I want to hear from you. What did you think of the video and what do you think of WestJet? Comment below or email me or visit my website.

Just like this video shows, #BeAmbitious.

Groupon: Good for guests, Bad for Business

Image courtesy of Google images
We all love a to save some money these days and companies like Groupon and Living Social benefit us as consumers greatly.

If you're unfamiliar with how Groupon works, I'll explain. Businesses offer a discount to their product or service to customers. They set an amount of purchases that have to be made and if there are enough people to buy the offer then the "deal is on." The concept is that a large amount of purchases will make up for the discount they are giving.

The 'Benefits' to the Business

These businesses benefit from inflated sales for a period of time (or so you think). The true benefit they get is the amount of NEW customers to buy their product. When a Groupon representative talks with you this is one of their biggest selling points. They tell you about all of the new faces you'll see and after testing your AMAZING product they will keep coming back. It's true! You WILL see a lot of new people.

BUT, the truth about all those new customers is that the majority of them will not come back without another discount. This is a proven fact and I invite you to even ask these businesses. There are a few reasons why they won't come back:

  • They've come to expect a discount and they will wait for your next Groupon offer.
  • They like to try new things, but your product just wasn't to their liking. (Surprise, not EVERYONE likes your product)
  • They have always wanted to try your product, but the price without a discount is just way too high, so they won't be coming back.

Bad for Business

So what's so bad about offering a discount on Groupon? It's a rip off! Most business owners are blinded by the large amount of new customers that they think they're getting a great deal. In reality, they are still not making full profit on all of those sales. Most offers are 40-60% off their regular price. If a business could live on selling their product all the time at that rate then they shouldn't be charging the original price to begin with.

The other thing most people don't think about with regards to Groupon is they have to be able to make money, too. The way Groupon makes their money is by taking a percentage (40-60%) of the money customers pay for YOUR offer. Let me repeat. They take a cut from your already discounted price!

Let's use one of my favorite offers for an example, 18 holes of Golf with cart rental at 50% off.

Each Offer:

Regular price of such offer is $50
Golf Course through Groupon offers $25
Groupon takes 50% of offer price = $12.50

$50 x 50% = $25
$25 x 50% = $12.50
$25 - $12.50 = $12.50

Total amount business receives = $12.50 or 25%

In the end, Golf Course gave their product away for 75% off!

As a consumer I'm going to keep buying Groupon offers every week because they save me a bunch of money and I get my fix of eating out and trying new things. It's awesome and you know it! But as a professional and someone who helps small businesses with their branding and growth I will absolutely never advise a business owner participate in Groupon. There are countless ways to get exposure and new customers through your doors without needing to discount your product and without giving money away to another company.

If you want some advice to get new customers and keep them loyal or grow your brand please contact me and I'll gladly help. Until next time... #BeAmbitious




Type and text tips for a top-notch brand

It seems as though a lot of people think it does not matter which font your designer chooses with your branding. Well, what kind of expert would I be if I told you that was true? There are tons of tiny details in the font you choose with any body of text that can make a BIG difference in how your brand is reflected. So I'm going to give you some tips to watch for when having someone design your ads or other marketing materials. I will also give you a quick course in the different styles of fonts and what they mean for your brand.

Sans vs. Serif

Lets start with the basics and a couple terms that people who don't work with typography everyday can easily get confused.
There are four main types of fonts: Serif, Sans-serif, Script, and Novelty. Script fonts often look like cursive or hand-written. Novelty fonts are basically any font that does not fit in any of the first three categories. The most commonly used of these are Serif and Sans-serif, but what are they and what's the difference?

This image illustrates the difference between the two. As you can see, there are little notches on the ends of the strokes on the top word. These things are called serifs and they are on a lot of the most used and the oldest fonts like Times and Baskerville. The bottom word has more uniform sized lines where the widths don't vary, this is called sans-serif. The term sans directly translates to "without". So, sans-serif = "without" serif.

Now that we've got that all cleared up here are some tips for the proper use of each type style:

Large amounts of text

When you have large amounts of text in paragraph form it is imperative to consider readability. Certain fonts just make it very difficult for readers to follow. Serif and sans-serif fonts are the ideal typestyles here. It is absolutely never acceptable to use script and novelty fonts for larger amounts of text! These fonts are very difficult to read and should only be used in small amounts – no exceptions. When considering how wide columns of text should be, the rule of thumb is to allow 10-14 words per line. Any longer and the reader may have trouble moving their eyes from the end of one line to the beginning of the next. Too short and your paragraphs will seem long and overwhelming.

So when can I use script and novelty fonts?

I advise limiting your use of script and novelty fonts to short pieces of text like headings and logo use. These fonts often have nice qualities that are very particular to the style of a brand. Script fonts are often wispy and and curly and have nice feminine qualities. They work well for brands of female targeted products, but beware of using them for holiday advertisements since they get overly used by other brands.

What does your typestyle say about your brand?

So which font is right for your brand? Good question. Depending on how the font is used and treated by your designer almost any type style can emit different emotions. The safest routes are these... Serif fonts have a look of old fashion. They give the viewer a sense of reliability in the brand. Sans-serif fonts are often more rectangular and sturdy-looking. This means they represent being strong. However, if you use a lighter weight sans-serif font you can get an opposite result. Sans-serif fonts also work great for giving a very contemporary, sleek, and modern look. As mentioned earlier, script fonts have great feminine qualities. They work well for a softer feel and representing attention to detail. The toughest typestyle to talk about is novelty fonts because they come in all shapes and sizes. My only suggestion here is to use them sparingly.

Still have questions? Don't fret. Shoot me an email or visit my website to learn more. Comment with any questions you might have an I will gladly answer.

As always, #BeAmbitious.