I recently saw a video entitled, “What if money was no object,” narrated by Alan Watts. The imagery was compelling, and coupled with the catchy accent of the narrator, helped resonate it’s important key message and takeaway – life is too short to spend it doing something you don’t enjoy.
It’s the start of a new year. With 2012 our past, and 2013 our future, it’s the perfect moment to take advantage and get inspired to think about change. Some people are change-averse, while others welcome it with open arms. As we begin this new year, it’s a great time to reflect on the past year or two (or ten) and analyze if you are heading in the direction you had hoped – whether it pertains to yourself, your business, your brand, and/or how you want to be perceived.
Could this be the year that you push the envelope and modernize? Maybe tackle a new market or expand your service or product offerings? Refresh or update the brand you’ve kept since your company’s inception? As time, trends and your customers change, your business strategy needs to account for these changes.
Refining your business strategy, key messages or brand does not have to mean a complete overhaul of everything you’ve established. Rather, it can be more of a refinement of how you identify and present your business to your target audience, and among the competition. What makes you unique, different, a benefit? Why are you trusted, savvy or the expert in your field? In order to stay in competition you have to be the competition. Keeping your business strategy on target and staying tapped in to your position in the market is essential in understanding your marketing and branding strategy, and analyzing your success in accomplishing the goals of your business.
Below are items to consider as you evaluate your branding position and business strategy, as well as your plans on what you intend to accomplish in 2013 and beyond.
Relevancy – Consider the relevancy of your brand or business – externally and internally. Does your brand encompass the business strategy now and how you intend to be perceived now and in the future?
Growth – Does your business have multiple entities or pieces? Consider uniting them under a single brand mark or name. Sometimes, growth warrants change. If your business has expanded over the years, it may be time to refine a stronger brand representing your success. Key messaging may need tweaking with your growth.
Audience – Consider the audience of your business. Does your company want to tap into a new market? Is the current brand suitable for that audience? Changing the business location or new product offerings or services warrants a look into your overall business strategy and goals.
Handling your business goals and branding strategically is a necessity. Making a change can be difficult, but if made with trust and a thorough plan can mean a world of difference.
Take a moment and enjoy the video. Catch a little inspiration and consider what change could mean to you. It might be time for a refinement of your strategy – look back at your one year, five year or ten year plan. Where are you in your plan and how have you performed? Maybe it’s time to breathe some new life into your business or brand. Get inspired by 2013 and make an impact for the years to come!