Why Branding is Essential to Your Business



Read More: Marketing

A cup of coffee at face value will cost two dollars, two fifty tops. But put that same coffee in a Starbucks cup and it'll fetch four dollars or more in most markets.

Your dining establishment serves hamburgers which by common standards are high quality hamburgers yet you're only able to sell a minuscule fraction compared to the billions of substandard processed hamburgers sold by McDonalds.

Why is it that Apple dominates with 87 percent of the portable mp3 player market share? Or Google with 65 percent of the search engine market share? Or XanGo with 80 percent of the mangosteen market share?

It's a simple answer. The secret to these companies' success is BRANDING.

What they've essentially done is create a name that people have grown to know, like and trust. The hamburger you buy at one McDonalds is the same hamburger you'll get at every McDonalds. The latte from your local Starbucks is the same latte at the Starbucks across the country.

The lesson to learn from these tremendous success stories is that we as network marketers have to create in our selves a brand. We can't simply rely on the strength of our products or our companies to foster growth in our businesses. We must set ourselves apart, put ourselves in front of the public eye so that people will eventually get to know us, like us, and trust us.

That's branding. And if done correctly, it will catipult your business to levels you didn't even think possible.

To learn how to successfully create a brand, visit: www.BrandYourselfToWin.com. For more information, contact Ronnie Cruz at 919-599-7645 or email: ceo@ronniecruz.com

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About the Author: Ronnie Cruz

Member Since: 11/12/2007

Industry: No Industry Selected

Primary Web Site: http://www.newschoolbiz.com/

Comments

Thanks!

Great comparison to Starbuck's and how they can literally 'over-charge' (for what i think is sub-par quality) - but the quality doesn't matter (as is the case with MacDonald's) - it is all about either the value, or the consistency or the absolute uniqueness!

Darren Stehle
http://MLMProfitsByAttraction.com

Darren Stehle — Sun, 11/02/2008 - 2:32pm

Absolutely!

You got the point exactly, Darren. This is why branding is so essential in what we do as network marketers. Glad you liked the article. Keep in touch!

Ronnie Cruz — Sun, 11/02/2008 - 2:49pm
 

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