Thursday , 21 November 2024

MKT624 Brand Management GDB No 01 Idea Solution Spring 2013

Questsion:-

“Do you think that brand vision plays any role in overall brand development?”

Solution:-


Every successful company is known for their brand. People make value judgments on your company by just looking at the brand logo or brand name. If you want to build a strong, successful brand you need a vision. A vision will give you clear direction and guide the messages you communicate through your brand. Before you commit to building a brand you must think clearly about who you are as a business, and devote time to defining yourself and where you want to be in the future. A good brand expresses the vision of a business to its target market in many ways.


Work on your vision statement before you start planning the details of your brand. Your vision statement should be distinctive and strong so that anyone associated with the business will understand and believe in it. It should be meaningful and differentiate your business from that of potential competitors

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