Quote:
Originally posted by cr_lester
Philos;
Believe it or not, you're making one of the biggest mistakes entrepreneurs on a small budget make. Don't brand. For one thing, that is sooooo 80's. For another, you can't afford to develop a brand.
Technically, there are two types of advertising. Branding, & direct marketing. Branding is general, and tells everyone that the company exists, and how good the company is... But has nothing to do with the product. Direct marketing is about the product, its benefits, and a call to action. I wouldn't recommend branding until you've sold enough product to afford to advertise without it actually bringing immediate results like direct marketing does.
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You are totally wrong on this one. First off, branding isn't a physical asset, it's the company itself. Everything it does is it's brand. The message on it's answering machine, it's doormat, hours of operation, letterhead, the clothing the president wears. Everything!
Now, I'm an art director in the advertising world so I know what I'm talking about here. Advertising is where the product talks about itself.
PR is where other people talk about the product. Advertising is only a small part of marketing. Marketing begins before the product is created and takes place through every single stage of a business.
Direct Marketing is what's "sooooo 80's". It is one of the most abused means of advertising where the company itself satisfies it's ego. It should be the last route you look at to reach your market.
Small companies don't need a marketing/advertising budget. Running the same 'ol back of the magazine ads results in nothing. Same with putting press releases out that you've just opened a company. Big deal. Every other type of medium is ineffective in terms of generating demand until you "develop your brand."
Meaning, you need to determine your strategy and story that you wan't everyone to see when they think of you. Then it's a matter of letting them hear that story (Note: I'm not talking about an actual written story; your product's story is it's name, packaging, office, everything that your customer's tell others about you).
You need to worry about providing a unique product that is the best in it's category and find interesting ways of letting people know this. That's where advertising comes in. And advertising isn't just tv, radio, print, etc... It's also the back of your business card, the wrap on your vehicle and so many other mediums.
Now, the books you need to read:
All Marketers Are Liars
Hey Whipple Squeeze This
How To Get Ideas
Cutting Edge Advertising
These books talk about everything you need to know about branding, marketing, and advertising, and touch on other ways to make your company great.