Barriers to Marketing influenced by the perception of Marketers

There exist various hurdles to enter in the market that is influenced both by the consumers and the perception of the marketers. Sometimes the marketers feel it is due to the end consumers, but it is also due to the marketer’s viewpoint. Every discomfort that exists in the minds of consumers is converted into opportunity by solving these problems. Market barriers from the side of consumers include cultural barriers, communication hurdle, cost of capital involved; government regulations, research and developmental costs, gaining customer loyalty and so on. The Branding Company apart from solving these kinds of barriers should also strive to solve other hurdles that are created by marketers themselves.

Lack of Co-ordination

These sometimes occur between different departments due to the presence of improper channels of communication. The sales and marketing teams are working in their own distinct spheres, thereby paying little attention to each other. It is just like the firm is not explaining its business strategy with proper care to the adepts working within the firm.

Advertisers want more negotiable form of ad plans

The social media platform has become an interactive dais, where we can solve the customer queries, win their trust and reliability. We should be able to win the consumer empathy and solve doubts that are present in the minds of the end consumer. Most of the websites are made interactive nowadays, by including the chat boxes, that is being dealt by the customer care representatives of the Best Branding Company.

Content, information, website, technology- 4 stages of Modern Marketing

Content Marketing tool used by businesses should be creative along with video, images and statistics. Proper analysis, research and right set of keywords, needs to be gathered from the best possible avenues available.

Now in the age of technology and science, where everything is based on mobile apps, the business should design admirable apps with appropriate functionality and features as desired by the consumers.

Measuring the number of admirers

Measurement strategy should be employed by the businesses to succeed in a firm. Brand audience needs to be measured by these business firms. It should be relevant and should give meaningful and deeper insight, so that the business can employ the apt strategy. The branding firms needs to keep a track of on the e-mail being sent by the business to gather customers and end consumer likability. Measuring certain factors like the return on investment that the firm generates from the advertisements, sale, events, aids the company to know whether the firm is able generate enough profit from the investment made.

Brands should start promoting the product and service for consumers

The branding companies should start promoting products and service for the consumers instead of selling it off to the consumers for profit. Insurance companies provide health insurance for small premiums but they hardly understand the value of life of a person. A person does not get back his hard earned money in life, if he does not suffer from any kind of disability. So the best Branding Company in India should carry out its image building keeping in mind the claims of the purchaser and not just to make profit.

Procedure of Building the Brand Image for Service Industry

Service industry deals with intangible benefits provided to customers for a particular price set by firm like insurance, banking, computer services, restaurants, tourism, financial, educational services etc. Nowadays, branding and advertising of the business is also being done. So it also needs building an image for itself. Branding, advertising and image building of business is somewhat different from product marketing.  When we establish a firm, proper analysis needs to be done to know market needs and customer’s demands in a better way. Product research can be done by distributing free samples, which cannot be done in this particular case. A corporation can become a good Image branding company when its focus shifts towards building its brand value. Few parameters to design good brand image of service industry are discussed below.

                                                                                   Quality of Service

The service quality affects brand value of firm. Quality should meet benchmark standards. Provided firm should have an ability to perform promised service accurately, should be able to offer prompt delivery and care for customer base. For effective management of quality, firm should monitor, evaluate, upgrade and brief quality performance. Quality is a factor that needs to be analyzed properly for designing a Best image branding company.

Refund for Unsatisfied Service Parameters

Most of the service providers do not give refund to consumers who are unsatisfied with parameters. For example, in banking industry a person gets loan and is unhappy about EMI facility or interest rate. He cannot return loan after it has been sanctioned. So the industry should also provide refund for unsatisfied service parameters that are provided to customers similar to product line manufacturing firms.

Reliability and Assurance

Quality should be reliable such that purchaser does not complain after buying service. For example an education industry is a service sector but nowadays there are many colleges, which are not registered under UGC (UGC is a government recognized organization that provides license to Indian colleges). These unrecognized colleges or institutions award fake degrees to students risking their future. So here we can say that service quality is not reliable at all. If a firm provides reliable and assured services to its customers, there is a maximum possibility that it become the Best image branding company in India or elsewhere.

Advertising

A service industry also needs to do its advertising and promotion. Apart from television and print media, other tools can also be used like web marketing, publishing contents, email Marketing etc. Promotion of service should be done in such a way, audience or end consumer gains enough knowledge about product.

Competitiveness

Basis of competition in service industry is superior performance of service, on time delivery, quicker settlement of complaints, whether service quality meets standards or not and so on. If a firm promotes its own unique service in market, it can monopolize itself in market but in case there are similar services already existing in market then competition arises. Competition helps in upgrading standard of service being delivered. 

How Emotional Factors Influence our Brand Image?

Image branding is consumers’ impression about brand. It is the way in which brand is positioned in market. Brand image can be built by telling consumers who we are, what product and service do we provide, what values we believe in and many more. Reputation of brand is influenced by two factors; what consumer feels and what he thinks. Good reputation can be built through emotional loyalty, which can be achieved by having knowledge about consumer's emotional state, wants, dreams and aspirations. When we want to apply emotional Marketing approaches to our image branding efforts, company should know what purchaser feels about product or service. To develop good image brand for a company, the firm should focus on both emotional and mental aspect of product.

Some strategies to gain emotional loyalty of consumers for better image branding:

Good Quality Along With Better Feel And Experiences

For building a better reputation of the firm, brand quality should not be compromised at any cost. A brand, which provides the right combination of functionality and quality, always achieves higher brand value in minds of consumers. These are superficial qualities of brand, which can be seen directly. It is very important for firm to know how end customer feels about product. For example:

·         Is the consumer satisfied with performance of brand?

·         Does he feel good after using brand?

·         Is he falling in love with brand?

Another important aspect to be considered to build any Best image branding company in India or abroad is kind of experience consumer gains after using the firm’s product or service.

Customized Marketing

Customization gives consumer a product in way he wants. It is an expensive marketing approach but, nowadays many firms are resorting to customized marketing approach to gain customers’ emotional loyalty. It is also called one to one marketing or personalized marketing. For e.g. a firm may design apparels for a consumer after he has revealed what kind of clothes he wants to wear.

Few steps that are to be followed for customized marketing are:

·         Identification and separation of purchasers, on basis of their wants and how it is to be fulfilled

·         One on one basis of interaction with consumer to know what he/she needs

·         Personalization of product to end-consumers.

When an end consumer is provided with a customized solution to their problem then he is happy and hence we can retain him for long term enhancing brand image of company. Customization also helps in fulfilling emotional needs of purchaser.

Shifting from One Way Communication to Interactive Discussions

An Image branding company creates its website or profile on a social media site to make consumers aware about its product. It also does various promotional activities on websites, television, print media and magazines to build a better image. But this type of communication is only one way i.e. only firm makes consumers aware about its product or service offering. Consumers also have full right to express their point of view about brand. This can be done through end consumer reviews, chats, feedbacks and opinions expressed on various social media sites. Interactive discussion helps in retaining emotional loyalty of customers.

Advantages and Disadvantages of Brand Advertising

Benefits of Brand Advertising are as follows:-

  1. Increases Consumer’s Knowledge about Market

Brand advertising increases the knowledge of consumers. By viewing advertisements and websites, consumer can make the right selection within his budget. Without ads, a consumer will not be well-informed about different variety of branded products present in Market.

2. Helps in Increasing Sales and Revenue

When brand advertising of company is done by any firm, it is a kind of investment for organization as it generates revenue in long run. An advertisement generates interest about advertised product in minds of customer, which in turn leads to demand and this gives rise to higher sales. A higher sale results in higher revenue.

3. Helps in Better Brand Building

For developing good brand reputation, the firm has to improve its advertising activities. Brand advertising in India and around the world can be improved by using various mediums like television, social media, newspaper, radio etc. Also firms can organize events, campaigns, contests, product giveaways, after sale customer reviews and so on. These activities will increase awareness among masses about brand. Hence, sales will increase and if quality of brand is good, it will develop good brand image in minds of consumers.

4. Assists in Target Oriented Marketing  

Young generation of country is growing up with the Internet as part of their daily routine. So firms targeting youth should advertise brand through social media sites. For example; a cosmetic Branding company targets mostly women but, nowadays companies are introducing new product lines targeting men also like men’s fairness cream.

Suppose a branding company has its target customers in Delhi city, proper market research needs to be done within city so that promotional activities may be done effectively. Through ads, the intended consumers are made aware about existence of branded product.

Disadvantages of Brand Advertising are as follows:-

 1.  Cost of Advertising

When a firm promotes its brand, there is a huge cost associated with it. Large Brand advertising companies in India invest billions of rupees every year to promote their product.  If firm is not able to make enough profit through these advertisements, it becomes an organization in loss. Startups have lower amount of allocated funds so, they are not able to promote their brand like big and successful firms. Therefore, they have to promote brand through newspapers, social media or radio.

 2.   Promotion of Products with Bad Effects on Lifestyle

Advertisements made on products categories like cigarettes and wine have harmful side effects on end consumers. Many branding companies promote different kinds of stylish clothes through slim models. End consumers, sometimes, get influenced by these models and they become more conscious about themselves, which leads to food aversion and loss of appetite.

Key Elements for Successful Employer Branding of Company

Employer branding can be defined as the image of the firm as a recruiter or the reputation of our organization as a ‘great place to work’ in the minds of employees. So it is mainly concerned with the recruitment, training, learning, development, appraisal and retention initiatives of the organization.

There is a big difference between branding of product and employer. The latter one is the opinion about the firm that candidates have built and what it might be like to work for the firm.  Product branding on the other hand is the brand reliability in the minds of the customer about the product line being offered by the firm. Brand Marketing is done to earn revenue and growth through the product line offered whereas employer branding is done to build good image of the firm as an employer.

Internal and External Communication

There are two types of communication process in a firm. One is internal communication, which is between employees and their bosses and the other is external communication, which is between firm, external stakeholders, clients and customers. Both type of communication is essential for a good Employer branding company as without proper communication a firm cannot grow. Communication helps employees and employers take right decisions, it helps in solving grievances of customers as well as employees, it helps in maintaining good relationship with clients and so on.

Recognition and Rewards

Well-organized reward plans, have beneficial effect on the entire firm. When the employees are happy then their loyalty and productive output is naturally high. In case, proper recognition and reward are not given to adepts then it can be threatening source for building lower assurance about the firm. Two types of compensation plans are followed by firms which are, primary compensation and incentive based compensation. Primary compensation is basic non variable pay based on performance and merit. Incentive compensation on the other hand is variable payment based on time spent, productive output, behavior and so on.

Equal Opportunity

Equal opportunity should be provided based on qualification, experience and skills. Discrimination of employees by employers on the basis of caste, creed, sex, religion etc. should not be done. It spoils the employer’s brand reputation and develops a bad creditability about the firm.

Training and Development

Employees gain experience through learning which in turn leads to development of employees. Employees work in organization both for firms as well as self-development by gaining varied experiences. So if proper training is not provided to the employees in a firm then it is surely not one of the best places to work. Training and development must be provided to new employees and experienced candidates as well.

Good Working Environment

It is very important for the firm to have a good working environment because without this, an employee may not be able to communicate properly with their co-worker or boss. He may not be able to express decisions taken by him confidently. Another important factor that contributes towards good working environment is cleanliness of the firm. Most of the Best employer branding companies in India become one of the best places to work by paying attention towards this factor as it is rightly said “cleanliness is next to Godliness”.

Safety measures taken by the firm should be given utmost importance.

Recruitment and Lower Turnout

Regular recruitment of eligible candidates must be done to meet employee demands of the firm. Right candidates must be selected through proper selection process along with background verification so that there is lower turnout. High rate of attrition develops low employer brand morale in the minds of employees. Workers would not join the organization thinking that they might lose their jobs. Some of the Best employers branding company have lower attrition rates.

Tips Top Branding Companies Use for Growth via Marketing

Every single firm wants to grow and this is the cause, all the marketers have jobs. These firms need to grow and they are in need of a group of experts who understands how to do the same. Well, to achieve success, these branding companies need to use some mantras that are highly effective and deliver result in the least time period so that they may be able to enjoy benefit without wasting much time. 

Which SEO Tactics to Choose Before It Is Too Late?

How you can stand at the top most position in this changing world?

Search engine optimization (SEO) has become quite difficult in this high competitive world. And for the e-commerce sites, it gets more complicated with their serious competition for clicks, automatically generated pages and loads of images to name a few. Modern SEO needs some effectual tactics that are usually ignored by firms of all sizes and if they are kept in mind then there is no chance that they will not be in benefit.

All the top or small SEO Companies in India keep these strategy in mind and this is the reason, they have got this position.

Mobile Friendly

Some months ago, Google started dinging the sites that were difficult to use on mobile. This means low mobile traffic to website and with the mobile surfers continuing to increase, a good retailers will never give bad mobile phone experience. Three alternatives are present in front of website owner such as responsive design, dedicated URLs and dynamic page serving.

Do Not Overuse the Keywords

There are several smart people who think that if they use keywords several times in the written content then they will be able to attract large number of visitors to their site. And this is the reason, they use keywords in an excessive amount and then blocked by the Google as it does not allow such content. Do keep the keyword density in mind but never overdo it as it will leave a negative impact on your firm. All the good SEO companies follows this rule and that is why, they have acquired such a respectable position.