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Smart marketing in 9 slides or less




         Why is Branding Important?


Created by Jason Amunwa | jaffydesigns.com/blog                  Creative Commons Attribution 3.0 Unported License
Image by Samuel Mann




  Most small businesses
  rely on just one
  advantage:


             LOCATION




Created by Jason Amunwa | jaffydesigns.com/blog   Creative Commons Attribution 3.0 Unported License
Which is fine, so long as you’re the only
        game in town.



                                   This is called a “Local Monopoly”




Created by Jason Amunwa | jaffydesigns.com/blog         Creative Commons Attribution 3.0 Unported License
But if a comparable competitor moves in,
        customers will choose whichever product
        is lower-priced.




Created by Jason Amunwa | jaffydesigns.com/blog   Creative Commons Attribution 3.0 Unported License
A price war erupts, permanently eroding profits. This is
 called Commoditization.




                                                                               (There are no
                                                                               winners in this
                                                                                   scenario)
Created by Jason Amunwa | jaffydesigns.com/blog   Creative Commons Attribution 3.0 Unported License
Branding counters this downward spiral
        by explaining why your product is unique.




Created by Jason Amunwa | jaffydesigns.com/blog   Creative Commons Attribution 3.0 Unported License
Branding communicates value beyond the
        price tag.




Created by Jason Amunwa | jaffydesigns.com/blog   Creative Commons Attribution 3.0 Unported License
And branding forges an emotional bond
        with your customers that enhances
        loyalty.




Created by Jason Amunwa | jaffydesigns.com/blog   Creative Commons Attribution 3.0 Unported License
Tired of pointless price wars?




Created by Jason Amunwa | jaffydesigns.com/blog   Creative Commons Attribution 3.0 Unported License
Fight the commoditization of your
        business with branding!




Created by Jason Amunwa | jaffydesigns.com/blog   Creative Commons Attribution 3.0 Unported License

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90 Sec Deck: Why is branding important for small businesses?

  • 1. Smart marketing in 9 slides or less Why is Branding Important? Created by Jason Amunwa | jaffydesigns.com/blog Creative Commons Attribution 3.0 Unported License
  • 2. Image by Samuel Mann Most small businesses rely on just one advantage: LOCATION Created by Jason Amunwa | jaffydesigns.com/blog Creative Commons Attribution 3.0 Unported License
  • 3. Which is fine, so long as you’re the only game in town. This is called a “Local Monopoly” Created by Jason Amunwa | jaffydesigns.com/blog Creative Commons Attribution 3.0 Unported License
  • 4. But if a comparable competitor moves in, customers will choose whichever product is lower-priced. Created by Jason Amunwa | jaffydesigns.com/blog Creative Commons Attribution 3.0 Unported License
  • 5. A price war erupts, permanently eroding profits. This is called Commoditization. (There are no winners in this scenario) Created by Jason Amunwa | jaffydesigns.com/blog Creative Commons Attribution 3.0 Unported License
  • 6. Branding counters this downward spiral by explaining why your product is unique. Created by Jason Amunwa | jaffydesigns.com/blog Creative Commons Attribution 3.0 Unported License
  • 7. Branding communicates value beyond the price tag. Created by Jason Amunwa | jaffydesigns.com/blog Creative Commons Attribution 3.0 Unported License
  • 8. And branding forges an emotional bond with your customers that enhances loyalty. Created by Jason Amunwa | jaffydesigns.com/blog Creative Commons Attribution 3.0 Unported License
  • 9. Tired of pointless price wars? Created by Jason Amunwa | jaffydesigns.com/blog Creative Commons Attribution 3.0 Unported License
  • 10. Fight the commoditization of your business with branding! Created by Jason Amunwa | jaffydesigns.com/blog Creative Commons Attribution 3.0 Unported License