Launching & Building a Brand For Dummies. Amy Will

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СКАЧАТЬ in everything from the content you use to market yourself to the products and services you deliver or recommend.

       Creativity and originality: To differentiate yourself from the competition, offer something unique.

       Authenticity: Be real, not phony.

       Exposure: Blog, podcast, post YouTube videos, join relevant social media communities, and make yourself available for interviews.

       Consistency: Find your niche (as explained in the next section), stick with it, and make sure that all your personal branding efforts are aligned.

To create your own personal brand, follow these steps:

      1 Conduct a self-assessment to get to know who you are and what you can offer of value to others.

      2 Decide who and what you want to be associated with (other brands, businesses, people, products, and services).

      3 Identify and get to know your target market.Who’s your audience? Who’s likely to follow you and why?

      4 Follow established leaders in the field you’re focused on.Find out what they offer of value and how they differentiate themselves. How can you differentiate yourself from them?

      5 Network with others in your industry.Get involved in the communities where established leaders and your future followers hang out, keeping a low profile at first to get a feel for the culture and norms. Be careful not to step on anyone’s toes as you begin to network, at least until you get a feel for the community and people get to know and accept you.

      6 Start to put yourself out there via blog posts, podcasts, social media, video, and so on.

Identifying or Creating a Niche Market

      One of the biggies in branding is differentiation — the process of identifying or creating and then promoting the unique characteristics of your business, product, service, or yourself. You need to figure out what’s different, special, and better about what you bring to the market.

      An effective approach to differentiation is going small. Instead of trying to be everything to everybody, aim to be something special to a small segment of your market. Identify or create a niche — a narrow opening or unique opportunity in the broader market you’re pursuing. Narrowing your focus increases your impact while (counterintuitively) expanding, not limiting, your opportunities. It enables your brand to stand out in the global marketplace, which is crowded with competitors vying for consumers’ attention.

To find a niche, start by answering the following questions:

       Does your brand offer a unique solution to a problem, and if so, how is it unique?

       What does your brand offer that competing brands don’t?

       What are your brand’s use cases (different ways that my products/services can be used)? List your products/services, and identify all possible use cases for each.

       How is your brand different from and better than the competition?

       Does your brand fill an unmet need in the marketplace or serve an underserved group of consumers? If so, how?

       (For a personal brand) What makes you so special? Think in terms of appearance, personality, knowledge, expertise, and skill set — every ingredient that goes into making you you.

       Who’s going to buy what you’re selling?

       Why do people need or value what your brand offers?

      Examine your answers to these questions, and look for patterns or areas of overlap, which is usually where you’ll discover your niche. For my Girl Gang brand, I knew that women empowerment was a big and growing movement and that women like to make fashion statements. In those two areas of overlap, I recognized an unmet need: Women needed a way to express and demonstrate their support for female empowerment, and they could do that through a fashion statement and by supporting women-owned businesses. I had discovered my niche.

      In the following sections, I cover specific approaches to identifying or creating a niche.

      Solving a difficult problem

      People often ask sarcastically, “Are you looking for trouble?” as if that’s a bad thing. People who look for trouble are the visionaries and inventors of the world, and they’re often the richest and most successful as well. They spotted a problem, devised a solution for it, and created a lucrative niche.

      Just think how many books, courses, and seminars have been sold to help couples solve their relationship issues. Consider all the commercial technologies that have been developed to solve problems in just one small area: data security. Entire industries have been created to solve problems ranging from not having enough time to shop for groceries or being unable to flag down a taxi to dealing with energy shortages and climate change.

In every problem is an opportunity.

      Fulfilling an unmet need (or creating one)

      People often need stuff they can’t get or can’t get affordably or conveniently. Sometimes, they don’t even know they need it or want it until you show them how much better their lives could be if they had it. Nobody really needed a camera built into a mobile phone, for example, but as soon as a mobile phone with a camera became available, everyone had to have one.

      When you discover an unmet need or create one, you create a niche market that can be very lucrative. I once worked at Tower Paddle Boards, a direct-to-consumer paddleboard company. All the paddleboard brands in our industry sold to surf shops and outdoor retailers, so their products were pricey. But company founder Stephan Aarstol spotted an unmet need: affordable high-quality paddleboards. By selling direct to consumers, Tower Paddle Boards eliminated the retail markup and slashed prices without sacrificing quality. That’s how you create a niche.

      Specializing to create a new market niche

      You’ve probably heard the expression “A jack of all trades is a master of none.” You don’t see a lot of demand for a jack (or a Jill) of all trades or even a business that offers everything to everyone. Some of the big players offer all things, however, and are successful. At Walmart, for example, you can find a broad selection of products, have your vision tested, get your car repaired and your hair cut, and even have your taxes done. But even many of the big players have a niche; Walmart competes on convenience and price.

      When you’re building and launching a new brand, you’re not a big player, so don’t try to be or offer everything to everyone. Eventually, you may want to reach a broader market, but start small by focusing on the needs and desires of a small segment of your market. This advice applies whether you’re creating a business, product, service, or personal brand.

      

To create a market niche, collaborate with people who are passionate about your industry. Most great ideas are born from creative thought and discussion among people with СКАЧАТЬ