The Why and How of Effective Personal Branding

If you think that personal branding is only important for Hollywood stars and CEOs of Fortune 100 companies, think twice. Because the chances are that YOU can greatly improve the effectiveness of whatever you are doing through a smart personal branding strategy.

Why personal branding?

A strong personal brand will:

  • Help you find a perfect job if you are unemployed
  • Win more projects and customers if you are a freelancer
  • Promote your company if you are an employee or a company owner
  • Attract more attention to a good cause if you a volunteer

Building a personal brand

Building a personal brand is similar to building a product or a company brand. It begins from investigating the needs of your target audience and ends with concrete activities to promote your brand.

personal branding strategy

Environment & target audience

The main goal here is to match your core values to the needs of the target audience. In personal branding, authenticity (being who you are) naturally plays a more important role than in product branding.

Ask yourself the following questions:

  • What am I good at?
  • What are my advantages as a professional?
  • Who are my competitors?
  • Who are the leaders in my field? How did they achieve success?

Then turn yourself to your niche:

  • Who are they?
  • What are their interests and needs?
  • What channels of communication do they use?
  • Who can become my partner or maybe an advocate?

Here you can find a more detailed explanation about investigating your target audience.

Branding strategy and USP

After you defined the direction you will be moving in, you need to get to grips with the branding strategy.

Margaret Mark  and Carol S. Pearson came up with the theory of brand archetypes, which is briefly shown in this table. This is something you should probably keep in mind when crafting your brand.

brand archetypes mark pearson

For example, if you are a trainer, you can select the archetype based on the type of sports you teach: a hero (high-impact training); a caregiver (restorative yoga classes); a creator (contemporary dance classes); an explorer (outdoor activities) or even an outlaw (extreme sports).

However, you can select the archetype based on other criteria (the point is being true to yourself). You can also combine several archetypes to create a unique brand personality.

Another way to convey the uniqueness of your brand is to use the following:

  • Rituals (things you habitually do).  Example: Winston Churchill smoking pipes.
  • Attributes (things you own, wear or carry around). Example: Black sweater and jeans of Steve Jobs.
  • Mystery (biography gaps, rumors, dissonances).
  • Background story (events or circumstances that led to personal enlightenment, “turning point” events).

Brand positioning

Brand positioning means working on concrete visual, intellectual and emotional qualities of your personal brand.

During personal contact, you have several ways to influence how you are perceived by your target audience.

Visual cues

Those include facial expressions, body language, clothing style, hair and makeup, body shape, etc.

Verbal effect

Rhetoric, intonation, choice of words, correctness of speech, negotiation and presentation skills.

Communicative effect

Empathy, tactfulness, “tuning in” with your audience, making a positive impression, conveying the expertise, answering the needs of the audience.

In addition, you should create a consistent “personal identity” (“corporate identity” in company branding). In other words, select personal colors, fonts, create a logo, a signature, a motto, etc. Those are used to “anchor” the brand in the minds of your target audience. Use them consistently in:

  • Social media profiles, personal blogs;
  • Business cards, printed materials;
  • E-mails, letters, etc.

Brand promotion

The final step in personal branding is to start promoting your brand.

Below you will find an overview of promotion channels.

pronoting personal brand

 

Social Media

What is important: Relevant channels, consistent presentation, authenticity, truthfulness.

What it can bring: Networking, strengthening brand image, opportunity discovery.

Events

What is important: Selecting events according to your niche, connecting with target audience, considering active and passive participation as well as organizing and hosting events.

What it can bring: Publicity, networking, expertise demonstration, opportunity discovery.

Partnerships

What is important: Partnering with influencers and thought leaders from your niche, selecting advocates for your personal brand, meaningful partnerships, authenticity.

What it can bring: Publicity, reach, strengthening brand image, expertise demonstration.

Advertising

What is important: Selecting relevant channels, consistency, authenticity, communicating value to the target audience.

What it can bring: Publicity, reach, strengthening brand image, opportunity discovery.

PR

What is important: Working with relevant mass media, focus, regular updates, observing code of conduct.

What it can bring: Publicity, reach, strengthening brand image, expertise demonstration.

This is by no means an exhaustive list and this topic certainly deserves a deeper dive in one of the follow-up posts.

As you can see, personal branding is a highly important matter, especially in times when a lot of us need to re-orientate and apply creativity in achieving our goals more effectively.

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Elements of a Marketing Strategy – Part 2

This is the second part of my post on important elements of a marketing strategy In these posts, I would like to share a more general view on marketing, without getting into detail on the tools and strategy implementation.

marketing strategy
Elements of a marketing strategy

Company

One of the most important steps in creating a marketing strategy, in addition to defining the products you offer and your target customers, is defining who you are. In other words, your company identity and how you want to communicate it.

Branding

Remember that your company is a solid part of your brand. Do not neglect corporate identity elements, such as logo, colors, fonts, etc. Once they are set, use them consistently in the marketing and sales materials, as well as internal documentation.

People

This is arguably the most important company asset and should be part of your marketing strategy. This aspect, is, of course, not just limited to PR efforts for senior management. A lot of tech companies employ “product evangelists” to personalize their marketing. Apart from this, sharing personal employee stories, e.g. on social media, may contribute to the positive image of your company and create more trust.

Mission and vision statements

Although they may seem unimportant at first, a well-formulated set of values and a common vision can become a driving force for company development. They can also be the “glue” that holds different people together.

Although it may sound ironical, it is equally important to define who you are not. Trying to serve more customer segments and flexibly adapting your company image accordingly will confuse your customers. In the worst case, they will start distrusting you.

Competitors

Someone once said that companies should stop concentrating on beating the competitors and instead focus on delivering value to their customers. Although I share the same view, this doesn’t mean that you must disregard the competition.

Learning from competitors

Learning from competitors has two sides to it. On the one hand, you can benchmark the strategy of your more experienced /successful competitors. On the other hand, you can also learn from their mistakes. Take a critical look at:

  • Structure and design of their websites
  • User journey on the website
  • Selection of social media channels and shared content
  • SEO strategy (backlinks opportunities, keywords, etc.)
  • Content types used for content marketing

Direct and indirect competition

In order to understand who your competitors are, you can think in terms of competition levels (e.g. a model by Lehman & Winter).

You probably concentrate on your direct competitors (product form competition), however, try to think of competition in a wider sense. Product category competition includes similar products that can differ in functionality or design. Generic competition is the next competition level that includes products that can be used as substitutes but do not offer the same features or benefits. Budget competition comes from products allocated to the same part of consumer budget (e.g. “entertainment”, “housing”, “education”).

competition levels marketing
Marketing Competition Levels (Lehman & Winter)

Marketing tools

I put marketing tools at the end of this list on purpose. If a company lacks experience in marketing, they tend to concentrate on the tools too much. It is not uncommon that they ask such questions as: “Shall we use Google AdWords?”, “What do we write in our blog?” before they defined who they are, what products they offer and who their target customers are. (I talked about this in one of my older blog posts on mistakes in marketing).

One well-known model for marketing decisions is 4 P’s by McCarthy (Product, Place, Price, Promotion). If we adjust this model to online marketing, the promotion will include:

  • Advertising (Google AdWords, display, etc.)
  • PR (Social Media, blogs, guest articles, etc.)
  • Direct selling (e-mail marketing)
  • Promotion (e-coupons, free trial, etc.)

You also need to make decisions on how to position your product, what pricing strategy you will choose and what your sales channels will be.

All in all, when crafting your marketing strategy, you need to go through several distinct steps and plan carefully. Also, remember that once the strategy is selected, you need to follow it consistently. Making too many changes and adjustments along the way will inevitably result in time and budgetary losses.

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Branding in E-Commerce: What to Consider

In one of my older posts I have already touched upon branding. This post will be based on the discussions in the e-commerce forum I recently attended and will cover examples of building up a brand in e-commerce.

Why is brand-building so important, especially in e-commerce?

  • For the company, a brand helps to differentiate its products from competitors and achieve a higher profit margin;
  • Branding is also orientation help for marketing and other departments, as it defines how the company wants to communicate itself internally and externally;
  • For the customer, branding makes choosing among a number of products easier and serves as a warranty of the quality associated with the brand.

As I had discussed before, a brand includes both “tangible” qualities such as logo, colors, design, etc. and “intangibles”, such as emotions and motives associated with the brand. Those motives play an extremely important role, as the majority of buying decisions are made on a subconscious level.

Two companies were invited to speak about how they built up their brand:  Haix (functional footwear) and Chrono24 (an online marketplace for watches).

In case of Haix, the following steps were taken to build up their brand:

  • Extensive market research to define the present (professionals) and the target (leisure) segments for their shoes;
  • Creating the main theme around the brand (thrill & adventure) and centering all communication around it;
  • Reaching out to consumers directly using branded shops;
  • Engaging in event marketing and social media marketing to establish a closer contact to the target customer.

Chrono24 uses a slightly different strategy:

  • Defining their brand archetype as “magician”- innovative and fulfilling wishes;
  • Developing the brand inside the company by educating employees about the brand;
  • Improving customer experience in line with the chosen brand-building strategy.

Archetypes-chart-poissy
Brand archetypes (Source: http://brandstradigi.com/)

 

However, as both speakers concluded, some of the most important things to consider in brand-building are: orientation towards the target segment, open dialog with the customer and consistency in the branding strategy.

 

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