Brand Strategy: Establish Your Competitive Position
We’ve laid the foundation to build your branding strategy in a previous post. Now, let’s talk about your competitive position, which in a nutshell is your differentiation in the market. Now, I could bore you with a bunch of technical marketing jargon, but that’s what you’d hire a marketing pro for. Instead, here’s an easy to use quick version in lamens terms so you can begin to create your differentiator to establish your position in the market. Answering these questions will put you on the right track! Develop a market profile as related to your niche. For example, I’m a marketing strategist for small businesses in xyz industries, and I'm based in Atlanta, GA. So, I may start with finding out how many small businesses in xyz industries there are in Atlanta, how many years…