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Branding for Beginners: Essential Tips for (Re)Creating Your Brand Michelle G. Held MetroNY.com Pintalk.net
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Disclaimer: All graphics are for educational purposes only in accordance with the Fair Use Act. All trademarks, trade names, or logos mentioned or used are the property of their respective owners.
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To brand To develop an identity in the minds of consumers, investors, and competitors
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Create a recognizable brand!
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Types of brands Product Service Business / Corporate Personal
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Brands affect: Needs Emotions Perception
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Quiz!
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How many did you recognize?
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Why (re)brand ? New business or product Raise funding Change marketing strategy New markets / customer segment Shift brand messaging Negative image
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Who is your market? Why do they buy? What makes your brand valued? Why is it difficult to substitute? How does your brand compete?
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Position your brand by defining what makes it unique!
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Develop your brand identity Brand name Logo Tagline Signature elements Marketing materials Pricing
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Perception is reality! Cheap?
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Good value & best brand!
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Brand Perception: Overpriced?
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Worth buying!
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Prestigious!
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Case Study
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19691970
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1971 $2.5M in sales! 1972
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1980: $307M sales and 500 stores 1986: Gap Kids opens 1987: Gap opens first international store Sales are $1B 1990: Baby Gap opens The Rise
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1992: Second largest brand worldwide 1994: First Old Navy store 1997: Gap.com goes online Old Navy sells $1B 1999 - 2000: BananaRepublic.com & OldNavy.com Gap is the largest clothing retailer in the world!
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The Fall 2001: Sales begin to decline 2002 -> 2007: Five years of uninspired design 2005 -> 2012: Same store sales down 65 months
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Quality declining Design deteriorated Merchandising is poor No definable customer
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2010
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Brand Name Available? Informative? Offensive?
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Offensive! Retardex (toothpaste) i.Beat.blaxx (mp3 player) IKEA Fartfull (kids' workbench) Pee cola (Ghana) Lumia phone (Spanish slang) Pet sweat (water)
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Logo Color scheme Font Consistent look Projects a consistent feel Consistent level of quality B&W
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Logo Professional Layout Font (UVA)
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Quiz 2
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Tag lines
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Signature elements & marketing materials Service level Packaging Color Sound
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Pricing & perception
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Rebranding done right!
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Website Professional-looking Logo Navigation Current information Up-to-date Pages and keywords
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Your domain name is part of your brand! metrony.com MichelleGHeld.com TheNameofMyProduct.com
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Social media Customers insight Brand ambassadors Monitoring
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Choose well
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Brand Ambassadors Brand recognition Customer insights Website traffic
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Social media Connect Monitor Provide value!
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Use press releases
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Monitor, evaluate, and update your brand to stay relevant and credible!
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Takeaways Consistent messaging Consistent look Find a mentor / outsource
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Michelle G. Held MetroNY.com Pintalk.net metrony
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