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Running head: MARKETING AND BRANDING 1
There are many ways in which businesses accomplish the task of branding and
marketing. Almost all of the time, the method used by organizations is dependent on what
they are attempting to achieve; in conjunction to other criteria like market positioning, market
dynamics, and also target clients-; just to name but a few (Woschnick, 2021). Whenever a
business picks the suitable method, it is likely to have a beneficial impact on its progress and
expansion while guaranteeing to establish a competitive edge over its rivals. This paper will
discuss the marketing and branding strategies for a product.
Advertisers use the phrase "marketing strategy" to allude to a business's
comprehensive approach to acquiring new customers and transforming them into paying
subscribers for its goods or services. Social media marketing is one of the marketing
strategies that a business may use to promote its product (Woschnick, 2021). Providing
individuals with content that they find valuable and would be willing to share across their
social media platforms is the purpose of social media marketing, which usually culminates in
more publicity and more website views and visits. Additionally, social media shares of
content, videos, and images impact SEO strategies by regularly increasing relevancy in
search results on social media platforms like Facebook and Twitter, as well as search engines
like Google and Yahoo.
The second marketing strategy is content marketing. The focus of content marketing
is on educating instead of selling whenever it comes to influencing consumer purchasing
behaviour. When using this strategic marketing method, the ultimate goal is to create and
distribute information that is pertinent to clients' needs in order to entice people who are most
suited with your product or service and are therefore the most likely to purchase your product
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or service (Woschnick, 2021). With continuing communications, content may be modified to
reflect the facts businesses learn about clients over time. It can take on a range of formats,
including visualizations and webpages as well as podcasting or film production.
Lastly referral program is also a marketing strategy that is applicable for a product.
Referral program is a term that refers to a systematic technique that businesses employ to
incentivize customers to inform others about their merchandise (Woschnick, 2021).
Incorporating particular affiliate initiative, client referral programs, as well as partner
initiatives as part of the promotional strategy structure is intended to offer existing clients
with instant credibility, allowing them to help build a business' client base. The terms
"referral programs" and "referral marketing" are constantly used interchangeably.
In branding, a logo is a visual representation of a brand's identity and ambitions in
able to link with a customer's expectations and aspirations. Logos are crucial to a brand's
reputation in marketing. A strong logo might mean the difference between a memorable brand
and an ordinary one. In this case where a graphic t-shirt is the product an abstract logo would
be appropriate. As with brand markings, an abstract logo is simply a symbol, but one that is
unique to an individual. This style of graphic does not have to be a representation of an actual
object; instead, it is a one-of-a-kind logo that expresses something distinctive about a brand
(Meagher, 2022). Combination marks is another logo that can be used in branding. Although
the name implies otherwise, combination logos integrate and mix both graphics and text
within their design. Combination mark logos can be created using any arrangement of words
and pictures; a person can match a letterform with a caricature, and nameplate with an
abstract picture, or any arrangement that appeals to the most consumers.
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Taking an example of a Graphic t-shirt as a product a business producing it can
employ the above marketing and branding strategy to reach to its target clients. The target
market for Graphic t-shirts are the millennial generation as well as the young generation.
These individuals like wearing clothes with graphics/drawings hence they are the best market
for this product. It is also easier to reach them by the use of the above marketing approaches
discussed above. For instance social media marketing is very effective since majority of these
people spend a good portion of their time online. Also by using product branding which is
attractive and appealing may entice them to take note of the product and also influence them
to make a purchase. However there are challenges associated with these types of marketing
and branding.
Creating the content that aligns with the target market can be sometimes challenges.
The needs of young people keeps on changing and it is difficult to trace what they want. This
poses a challenge to marketers since they really do not know the type of content to use when
marketing (Jbrown, 2021). Promoting brand recognition is probably the most difficult aspect
of marketing and branding, as one would not be attempting to create leads if they were not
attempting to raise brand awareness. While raising brand awareness is not difficult in and of
itself, doing so efficiently can be tricky. While building brand awareness is not difficult,
developing meaningful brand awareness material might be difficult if someone does not have
a huge amount of information to begin with (Jbrown, 2021). There are opportunities when
using the pinpointed strategies. For example there is using social media there is an
opportunity that a large number of customers will be reached. Additionally millennial
generation are easy to approach. Therefore the company can rely on referrals and word of
mouth to convince other customers about their products.
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References
Jbrown. (2021, August 23). The 10 biggest digital marketing challenges facing small business
(and how to overcome them). DPi Graphics. Retrieved April 6, 2022, from https://
dpigraphics.net/biggest-digital-marketing-challenges-facing-small-business/
Meagher, G. (2022, January 9). The 9 types of Logos & How to use them. Tailor Brands.
Retrieved April 6, 2022, from https://www.tailorbrands.com/logo-maker/types-of-logos
Woschnick, V. (2021, August 11). Top 10 most effective marketing strategies for B2B and
B2C. Top 10 Most Effective Marketing Strategies for B2B and B2C. Retrieved April 6,
2022, from https://www.weidert.com/blog/top-10-most-effective-marketing-strategies
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