Most of the businesses do not have so much of a problem creating
a brand name for themselves but find it hard to maintain market visibility. Branding
is all about the marketing strategy that a business comes up with to enhance
its brand name. The strategy could involve using one or more types of medium to
advertise the brand.
Businesses usually have a set amount of budget that they put
aside each year for the purpose of advertizing or branding. In order for the
business to succeed in its plan it needs to make sure that it uses all the
options that are available out there to spread the name of its brand. There are
several mediums and a number of ways in which a brand can utilize the
information that it gets through research and analysis of the market. This
information can be used by the business to reach the target audience and
improve their chances of getting noticed.
Market research and demographics play a very important role
in how the branding strategy is developed. Through this type of research the
business can cut across the attributes such as age range, male/female ratio,
ethnicity and so forth. Finding out this information can assist the business in
frequency and the medium of delivery of the ad campaign. The medium of delivery
here refers to the type of channel that the business wants to advertise
through. It could either be television, radio, billboards among others.
To decide which type of a medium would be the most suitable
for advertizing depends on who and how many people the business wants to target.
The reach of the television is vast and with the help of audio, video and
motion it can have a lasting effect on the viewers. The time that an
advertisement is aired also depends on the type and number of audience that the
business wants to target. Usually the morning is said to be a time when
housewives stay at home and watch television, so most of the ads in the morning
are aired keeping them in mind. The evening or the prime time, is the most
expensive when it comes to TV advertizing because it is considered a time of
maximum viewership. The way the advertisers decide which time would be
appropriate to air the ad is also based on the TRP of the program during which
the advertisement would be aired.
Apart from this, many businesses even use other mediums such
as Radio, print or outdoor. They are much cheaper than television but can help
the business reach a large number of people. All of the above mediums however
are just limited to visual or audio elements. They cannot make use of all the
elements of communicating that a television offers them.
With the rise of the social media many brands have taken the
help of social media sites to increase its visibility and branding. Social
media sites make it easy for the business to target the audience that is most
likely to be interested in their products or services. Social media platforms
are perhaps the most wide ranging medium that the brands can use to enhance
their name. After all the more the people know of your brand the more likely
you are to be chosen over your competitor when the time comes.
For more information , visit: Brand Activation