Is your brand still new? Feel like you can't compete anymore? Feeling saturated? Feeling difficult? Feeling unsure?
You must want to know how to compete with brands that are already strong, established and well-known in the market, right?
It doesn't matter what you sell, food, clothes, furniture, or anything else, you need to have a solid strategy to attract customers and make them loyal to your brand.
It's not that we compete to knock out our competitors, but rather that we compete to add value , which ultimately benefits the user as well.
But how do you do that?
How do you make your brand unique and different from other brands?
How do you make people know and like your product?
In this article, I want to share 5 steps you can follow to compete, even if your brand is still new. Let's take a look!
Table of Contents
#1. Market research
#2. Highlight ‘desired value’
#3. Identify & build brand identiti
#4. Marketing elements of brand identity
#5. Product quality and effectiveness
#1. Market research
This is the 'real secret' that makes new brands boom so quickly!
You need to know who your target market is, what their needs italy phone data and wants are, what problems they face, and what they are looking for in the products you sell.
You also need to know who your competitors are, what their strengths and weaknesses are, and what you can improve or offer that is better than them.
Market research can be done in many ways, for example surveys, interviews, focus groups, or online research.
You can use tools like Google Trends, Facebook Insights, or SurveyMonkey to get useful data and information.
With this market research, you can understand your customers better and create products that suit them.
NEW BRAND VS FAMOUS BRAND, HOW TO WIN IN INCREASINGLY INTENSE COMPETITION?
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