Every business needs to have an edge – it needs to stand out above the crowd. That crowd we speak of is growing day by day with more and more people (perhaps including you) realizing that becoming self-employed and running their own business is exactly what they want and need in life. This means that finding your edge and ensuring that you are the very best at doing whatever it is you do so you can capture your target market’s attention over and above your competition is even more important, yet even more difficult. Read on to find out how it can be done so you can be the winner in the start-up company wars.
A Great Brand
Your brand is your biggest and best advertising tool, and it is something that you will need to spend a lot of time thinking about. Quickly designing a logo and then using it before you truly think about what it means and how memorable it might be will be a mistake. You will either have to stick with a logo and branding design that you don’t like, or you’ll have to change it, which can confuse customers and make them wonder if you are really to be trusted.
Branding is something that will show your potential customers who you are as a business. It’s not just about what you sell; it’s about what you are at heart. This is why it’s often best to speak to a branding expert, as they will be able to come up with ideas that will stand out and mean something. Once you have your brand, you can use it everywhere, and you should; it must be consistent and ubiquitous.
Your branding is going to make up part of your marketing, but there are other things to think about too. You are going to need to ensure you have done good market research to determine exactly who your target market really is, and then you will need to ensure you are reaching those very people who are most likely to buy from you. In this way, your marketing budget is going to go much further.
As well as this, your advertising needs to be different from everyone else’s. If it blends in with the majority, it’s not going to be memorable, and sales won’t be forthcoming. Try something different to capture people’s attention, such as the chance to win instant cash. As long as you can follow up the prize with a great product or service, you will find plenty of new and happy customers.
Selling Something Different
When it comes down to it, if you are selling something that is the same or similar to what someone else is selling, it’s going to be much harder for you to find new customers. The competition is going to be much harder and stronger. With this in mind, it is worth taking the time to investigate what entirely new products or services you might be able to sell.
Looking into the market and discovering something new might take a while. Still, if you can find something and become the first person to sell it in your area (perhaps with a specific agreement in place that means no one else can sell it too), then you are going to be able to focus less on your competition and more on the marketing, customer service, and the product itself.