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Business,
Marketing,
Brand Development

Developing a Unique Marketing and Branding Proposal for Products

By Elena Herweyer | Feb 15 2022
A critical aspect of product marketing is to determine the unique selling proposition and present it as having advantages over its competitors. The initial most effective first step is to have factual, in-depth product knowledge. Only by knowing the product well, you can make it sell. You should also thoroughly understand your target audience/segment and tweak your marketing strategy accordingly. Familiarity with the expectations and desires of consumers of a particular product will capture the interest and maintain the business of your customers.

An outstanding marketing and branding proposal is specific and clearly outlines the business strategy. It should have goals that are measurable statistically and yet be flexible enough to allow for strategy changes midway based on market circumstances and responses. A market survey can determine the requirements and help determine the pricing and positioning of your product. Also, the results of the market survey can often produce ideas to help design a special offer for each audience segment, giving you a greater edge over your competitors and helping generate a lot of buzz for your product.

 

Product branding should be undertaken using a multi-pronged approach which includes using direct and indirect methods of reaching out to customers through flyers, social media, email, billboards, co-branding activities, print, media ads etc. You have to use business branding consistently to create your Brand voice. It will be helpful to have a Brand Book or Brand Identity Guide which can tell you how to use the logo, the corporate colours, fonts and the key corporate style elements. The type of methods utilized is based on the budget available and the product category. Market your product as something that adds value to the customer, has a distinct identity from its competitors and is the better choice. Do you need help on how to find your unique selling proposition? Make sure that the Product Design Agency is experienced and can offer you in-depth market research before developing a value proposition. Art Fresh is recognized as a top advertising agency on DesignRush and we will be glad to help your business stand out. Give us a call at +1 902 3947272. 

Launching the product is not the end of the marketing strategy. It should include scope for customer feedback and satisfaction. The ultimate goal of any business plan is to achieve market penetration, growth, and loyal customers. If the initial launch does not follow anticipated lines, a backup plan should kick in. Therefore, monitoring the market is extremely important. All relevant reviews and feedback should be analyzed. Every customer complaint should be addressed as soon as possible. Constant innovation and course correction can steer a promising product into a product that can overtake its competitors and become the market leader.

The business plan should include goals that are monitored in a measurable way and revised as and when needed. Constant reviews help develop future marketing strategies and numbers help track the success of your brand strategy. The secret to attaining market success lies in creating a need for a product that fulfills a gap in the marketplace. It should deliver a positive customer experience and stay ahead of the competition. Always keep an eye on the changing dynamics and benchmarks in the industry. Only by having your finger on the pulse, you can remain one step ahead and ready to plan your future course of action.
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