When someone has a great idea for an online business, they often fall over themselves in excitement and anticipation. They can’t wait to start doing business, lay out their vision and ride the roller-coaster ride to financial freedom. Whilst enthusiasm and vision are important, you need to sit down alone for a little while and work out some of the basics. Before you even start telling anybody about your idea or what you may have to sell or promote, you must first figure out your branding.
When you establish a brand, you make yourself readily identifiable, and distinct from the competition. This identity allows you to establish a bond of sorts between your company and your target market, convert your prospects into clients and then develop a loyal customer base. Branding has many elements to it, and you must ensure that you pay attention to each one.
Before you begin, you have to figure out what your overall message is going to be. People out there will perceive you and your organisation according to your message; first impressions are very important and you must leave a good one.
One of the first things to consider when you’re designing a brand is to create a catchy company name. A lot of people use the same name for their company and their website domain. It’s important to remember that while your legal corporate name might be one thing, your “doing business as” name, whatever it might be, should always get your full branding attention, and it should accurately reflect your business aspirations too.
If you pick an exceptional trading name for your company, it’s much easier for you to gain ground in the market quickly. You’ll know you’ve reached the pinnacle of success when your company name also becomes a popular verb, such as “Hoover”, “Google”, or ”Xerox”.
Along with the selection of your company name, you must make sure that your domain name is perfectly relevant. Let’s face it, no business can survive without a website these days, and your website will likely be the first line of attack when it comes to client marketing. Creativity with website development is the key, but you must make sure that – technically speaking, your domain name will make sense in the world of search engine optimization and have a high level of viewability. Your domain name should ideally incorporate your primary keyword or keywords, which relate exactly to whatever you are promoting or selling. So, in an ideal world, the keywords relating to your “hot potato” new marketing idea should appear prominently within your domain name and within your company name.
Keyword selection is quite a complex subject which we have already touched on in (R – Right Keywords) but, as we have seen, is important within your branding set up. Keywords should appear within your mission statement and in all marketing materials. It’s essential that they accurately portray what your potential client is looking for from you.
Visual image is everything. Once you have a great company name, domain name and the keywords selected, you can move on to create visuals. Your logo should essentially sum up what you’re trying to achieve. The logo doesn’t necessarily have to incorporate your company name or your domain name or your keywords, but it should be a great visual representation of all of these and project the very reason for your company’s existence. The logo is one of the first things that a potential client will see, so take as much time as you need in this area, as it’s likely to leave the biggest impression.
Once you’ve established your logo, you should create all your marketing materials according to a particular style and presentation. Maintain this throughout your organisation and don’t dilute your message by going off point.
Your website is your window to the world. A correctly composed website speaks volumes about your business. Don’t forget that in business it’s all about perception, and if you don’t maintain a storefront of any kind in the real world, people will judge your business by looking at your website. You should always maintain a high degree of professionalism and clearly display this throughout your site. It doesn’t matter if you’re a one-man band; you should still give people the impression that you’re a highly successful, well-organized and thoroughly established enterprise.
Pay careful attention to branding and maintain your position throughout your business cycle.
Michelle Dale is The Managing Director of Virtual Miss Friday, an Experienced Executive Virtual Assistant who collaborates with businesses and individuals with the sole aim of accomplishing their professional goals. Want to learn more about these comprehensive online business building success strategies? Contact VMF Today!