Tuesday, February 26, 2008

Identity Of Business Through Branding

Increase your presence with poster printing when you want to make your business brand a household name in your community. It is an effective way to get the brand recognition you need for your business. Posters are inexpensive to print and can be placed in every nook and cranny, allowing you to reach out to a wider audience.

Your brand is the identity of your business. It is the combination of your identity, values, business philosophy and such. It these collected attributes your customer associates you with. Your posters and the impression it makes can influence how your customer's see your business.

1) Start with name recall and basic association.

• Your customers often follow a routine and walk around or drive through the same route regularly. And because they stay in one place, your customers see them consistently repeating your business name and marketing message over and over. They will unconsciously begin to associate your business name with your marketing message.

• It also pays to have a consistent poster design. Use a color scheme and a standard style your customers can associate with your business instantly. Most people remember visual images better than text. When you translate your business name into standard colors and images, it significantly aids your customers' recall.

• Colors and graphics can be seen from a distance. When you poster uses your signature style your customer can easily associate it with your business name. You can also use this design in your other marketing materials to create uniformity and increase brand recognition.

• Avoid colors and styles that are already associated with bigger brands and that can confuse your audience. Create your own color scheme and develop a unique style.

2) Only promise what you can deliver.

• Branding is more than just simple name recall. It involves building a reputation. When you want to build a positive reputation for your business, you have to create positive experiences for your customers.

• The advertisements in your posters are assertions of the experience your products are expected to deliver. Your reputation on the other hand is built on your customers' actual experience, either first hand or from word-of-mouth. These experiences create memories and when associated with your business creates your brand.

• The rest is simple, when you meet customer expectations, you build positive experiences. You can expect higher future earnings from repeat sales. When you fail customer expectation and they have a bad experience and you can forget about repeat sales.

3) Be consistent.

• Sustain both your marketing efforts and your positive reputation. Bad reputations can be built on one time sales, but earning a good reputation requires consistency on your part. Your brand is a standard you are always measured against.

• Use posters to advertise in strategic places. Aim for high traffic areas where a wide portion of your target audience populates. Aim too for areas or activity centers that your demographic goes to.

Invest in building a positive brand for your business. It will generate higher profits in the future and add value to your products and services. Start attaining brand recognition with poster printing. It reaches the audience that will truly matter to your business.

The author loves to read and talk anything under the sun. From current events, magazines, social life, metro lifestyles to traveling etc. Not a born writer but experience could make a difference. He also loves to eat especially travel in different places. Going to beaches and mountains really completes his life.

Capital Budgeting And Branding In Small Business

Capital budgeting is very important in small business venture capital. It is the process of making investment in capital expenditure. Capital expenditure refers to expenditure and the benefits that are expected over a period of time, especially exceeding one year. The chief characteristic of capital expenditure is that expenses are incurred aggressively at one point in time. The benefits are realized at different points in time in the future. Capital expenditure decisions are also called long-term investment decisions.

Capital budgeting is very important in small business venture capital. It is the process of making investment in capital expenditure. Capital expenditure refers to expenditure and the benefits that are expected over a period of time, especially exceeding one year. The chief characteristic of capital expenditure is that expenses are incurred aggressively at one point in time. The benefits are realized at different points in time in the future. Capital expenditure decisions are also called long-term investment decisions.

The decisions concerning capital budgeting are crucial because they are long-term oriented and are irreversible in nature. The efficient running of a firm is reflected by the way decisions are made for the effective utilization of the firm’s financial resources. Such capital budgeting decisions are considered to be of paramount importance in heavy investment, long-term commitment of funds and impact on profitability.

The capital budgeting decisions generally involve very large amounts of capital funds. However, the availability of such funds is very limited. It is essential that thoughtful and wise decisions be made concerning investment of capital funds. This would, result in flow of profits for the firm. Capital budgeting involves employment of capital funds in the activities of the firm on a long-term basis. This increases the financial risk involved in such investment decisions, and necessitates careful and efficient planning. This is because, any wrong and unwise decision may prove disastrous for the small business venture capital firm.