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IDENTITY AND BRAND IMAGE

Registered names and graphic identities such as McDonald’s and the Golden Arches are ways we readily identify a Brand. On the Internet, businesses create Identities quite easily and quickly and refer to these identities as Brands. While an Identity and a Brand Image are somewhat connected, it takes a lot more than a name and a graphical logo to establish a Brand. An Identity is merely one aspect of building a recognizable Brand Name.

What Are the Advantages?

Established Deep Brands enjoy almost instant and universal awareness. They embody values, meaning and even lifestyle that people associate with above and beyond the product or service they represent. Nike, McDonalds, Microsoft are all examples of deep, recognizable brands.

Can a Single Agent or Small Company Compete Against Established Brands?

While many agents are interested in creating a Brand Image for themselves, no one I’ve ever spoken with expects to be as well known as Nike. Instead, agents and brokers can expect to be successful with Niche Branding. Niche Brands have familiarity and meaning to a small, defined group of consumers, such as the homeowners in your community. The Niche Brand can be deep but unfamiliar to most people outside of the specialty niche. In other words, an agent can be well known in her community but completely unknown 50 miles away.

Benefits of Niche Branding

While creating an identity with a logo and a theme is relatively easy, creating a Brand Image takes time and smart marketing. The reason for creating a Brand Image is simple. Once you have created a Niche Brand, you will enjoy the benefits of unaided recall, Customer preference and loyalty and a much greater return on your marketing investment. Let’s use some real estate examples to define these terms.

Unaided Recall means that when someone in your community thinks about selling their home or buying a home they think of you. Wouldn’t that be great? Customer Preference and Loyalty means that people in your community wouldn’t dream of contacting another agent when they need to sell or buy property. I don’t need to define what it means to get a greater return on your marketing investment. Who doesn’t want that?

Putting it All Together

There are many ways to establish yourself as a Niche Brand in your community but these days it only makes good sense to rely heavily on Internet technology. Your Website is a natural place to provide information, services and interactive incentives designed to encourage your prospects to rely on you. Your Website is an important aspect of Branding but it isn’t the most important aspect. Hand and hand with your Website is your E-mail marketing strategy. Your Website creates the excitement and begins the relationship. E-mail marketing takes over and makes all the benefits of Branding come true. When you keep in touch with prospects month after month with a value added Newsletter, of course they will remember you. Because your E-newsletter establishes you as the expert in your Niche, why would your prospects even think calling on someone else for their real estate needs. And, as for getting a greater return on your marketing investment, what could be more delightful and beneficial than Free Delivery? It’s the E-mail Way.

Noel Markham, Marketing Consultant provides custom Web design, online sales training and Internet marketing for Real Estate Professionals.
Contact Noel toll free at 888-814-5347.