| Casual Articles |
Hubs | Hubbers | Topics | Request |
| #1 in Business | Subscribe Email Print |
|
You are here: Home > Business > Branding > Many A Small Is Together Big |
|
Casual Articles - Many A Small Is Together Big
Houston Economic Rebound; retail franchise locations uo;, I have referred to the counterfeit market in India which is estimated to be worth more than $2billion and is almost growing at a rate of over 20% per annum. A majority of this counterfeit market comprises of those small businesses that produce quality products but are unable to brand and market themselves on their own. However, before we start labelling such businesses as ‘cheaters’ or ‘counterfeiters’ it is important to understand the reasons why most small players resort to such activities. I don’t deny that there must be a portion of this community which resorts to such activities only because they can make some big bucks, but by and large small businesses are usually victims of the market forces and lack oHouston has always been a boom or bust economy. Yet it is America’s third largest city with 5.5 million people. The ten-year economic cycles have been caused by oil price fluctuations. But as Houston diversifies its economy and matures it employs larger and larger percentages of folks in retail and service sectors. Let’s discuss some other economic issues during the last recession in Houston. Albertson’s pulled out of the Houston Market, Wrath left by Enron, Arthur Anderson Collapse, Continental Airline Lay offs, HP-Compaq merger and all the oil mergers just prior. All these large corporations hurt the Houston Economy along with the telecom layoffs too; but that was over four years ago. Today we see a massive rebound and the price of oil has helped tremendous profits from the major oil companies there.I Cost Efficient Outdoor Advertisement It has been often noted than small businesses are the driving force behind the large number of innovations that contribute to growth of a national economy through employment creation, investments and export. But the fact that they don’t have the money or the bandwidth to carry out strong marketing programmes has always kept them in the dark corner of an economic society. Comprising nearly two thirds of the enterprises in India, small businesses have never been given the opportunity to come into the limelight. As India becomes the playground for the world, these small businesses across various industries now seem to be ignored much more than ever before. Suddenly with the liberalisation of trade and the opening up of our economy we all seem to have started talking the ‘brand language’. The Guccis and the Sonys of the world is all what we hear and read across the media. Why don’t we talk about the millions of small businesses that form the backbone of the bustling Indian economy? Is it because they are still considered as back-end workhorses, manufacturing goods cheaply for the large corporations or is it because they have not been able to establish a brand presence on their own?Return to your advertisement investment. Outdoor advertisement is one of the channel that can bring sure return to your advertisement investment. Here we will discuss about the Exhibition Display System and Flag Poles, which can be place inside or outside the premises and can be use at the Exhibition or places where potential clients walk through.Exhibition guaranteed to attract customers. The display systems are a breakthrough in convenience In the modern era it is difficult to find an advertising channel that can bring maximum Display System.Exhibition Display Systems, including Panel Displays and Display Boards are high and the natural exotic finish presents a colorful, appealing and convenient outlook that is class and flexibility. There are several such panels, one of them being a lightweight In a situation like this, the only way in which smaller businesses can scale up and face the growing challenges in the market today is by coming together in the form of what I call as a ‘branded community’. Professor Al Muniz has been documenting hundreds of examples of brand communities, from rock bands (Tom Petty and Lifehouse), TV shows (Star Trek and Xena Warrior Princess), cars (Ford Broncos and Saab) and artists (Van Gogh and Jackson Pollock) to authors (Shakespeare and Jack Kerouac), computers (Apple Macintosh), movies (Star Wars) and beverages (Coca-Cola), in order to study the phenomenon. However, his study is about understanding branded communities from a consumers’ perspective rather than that of a seller or a manufacturer. In this article, I aim to throw some light on the later by discussing how small businesses operating in the same industry, manufacturing and selling similar products can come together and form an alliance to ultimately brand themselves as a community. This will not only develop a strong reputational value but also maximise their returns and enhance profitability. I conceived the concept of a branded community in the light of the fact that small businesses are often being judged against larger brands. Unlike large corporations, small businesses do not have the financial resources to carry out strong marketing activities. Hence, most of these businesses often seem to approach the route of ‘brand imitation’. This is usually in the form of using names or marks which are similar to the already well known brands or an incorporation of some well known signs in their own brand names. In my article “Counterfeit Branding – Representing True Globalisation”, I have referred to the counterfeit market in India which is estimated to be worth more than $2billion and is almost growing at a rate of over 20% per annum. A majority of this counterfeit market comprises of those small businesses that produce quality products but are unable to brand and market themselves on their own. However, before we start labelling such businesses as ‘cheaters’ or ‘counterfeiters’ it is important to understand the reasons why most small players resort to such activities. I don’t deny that there must be a portion of this community which resorts to such activities only because they can make some big bucks, but by and large small businesses are usually victims of the market forces and lack o Stop Complaining and Make a Change have started talking the ‘brand language’. The Guccis and the Sonys of the world is all what we hear and read across the media. Why don’t we talk about the millions of small businesses that form the backbone of the bustling Indian economy? Is it because they are still considered as back-end workhorses, manufacturing goods cheaply for the large corporations or is it because they have not been able to establish a brand presence on their own?I am going to write something that may not be popular, but if it offends you in anyway, it probably means that I’m writing this for you. I’m writing this to help you…not to criticize or belittle you. I want every entrepreneur to continue to grow throughout his online career and sometimes when we don’t accept change…we stop growing. I don’t want that to happen to you.Lately, I’ve seen a lot of online service-based business complain that cheaper alternatives are driving them out of business. I’ve seen virtual assistants angry that anyone would work for US $10 per hour. I’m surprised by that anger because $10 is above the minimum wage in every single state in the U.S. and province in Canada (2005 statistics). Yes, I know running a VA business carries expenses, but many people working online just want enough In a situation like this, the only way in which smaller businesses can scale up and face the growing challenges in the market today is by coming together in the form of what I call as a ‘branded community’. Professor Al Muniz has been documenting hundreds of examples of brand communities, from rock bands (Tom Petty and Lifehouse), TV shows (Star Trek and Xena Warrior Princess), cars (Ford Broncos and Saab) and artists (Van Gogh and Jackson Pollock) to authors (Shakespeare and Jack Kerouac), computers (Apple Macintosh), movies (Star Wars) and beverages (Coca-Cola), in order to study the phenomenon. However, his study is about understanding branded communities from a consumers’ perspective rather than that of a seller or a manufacturer. In this article, I aim to throw some light on the later by discussing how small businesses operating in the same industry, manufacturing and selling similar products can come together and form an alliance to ultimately brand themselves as a community. This will not only develop a strong reputational value but also maximise their returns and enhance profitability. I conceived the concept of a branded community in the light of the fact that small businesses are often being judged against larger brands. Unlike large corporations, small businesses do not have the financial resources to carry out strong marketing activities. Hence, most of these businesses often seem to approach the route of ‘brand imitation’. This is usually in the form of using names or marks which are similar to the already well known brands or an incorporation of some well known signs in their own brand names. In my article “Counterfeit Branding – Representing True Globalisation”, I have referred to the counterfeit market in India which is estimated to be worth more than $2billion and is almost growing at a rate of over 20% per annum. A majority of this counterfeit market comprises of those small businesses that produce quality products but are unable to brand and market themselves on their own. However, before we start labelling such businesses as ‘cheaters’ or ‘counterfeiters’ it is important to understand the reasons why most small players resort to such activities. I don’t deny that there must be a portion of this community which resorts to such activities only because they can make some big bucks, but by and large small businesses are usually victims of the market forces and lack o The Key To Successful Laundry Investment of examples of brand communities, from rock bands (Tom Petty and Lifehouse), TV shows (Star Trek and Xena Warrior Princess), cars (Ford Broncos and Saab) and artists (Van Gogh and Jackson Pollock) to authors (Shakespeare and Jack Kerouac), computers (Apple Macintosh), movies (Star Wars) and beverages (Coca-Cola), in order to study the phenomenon. However, his study is about understanding branded communities from a consumers’ perspective rather than that of a seller or a manufacturer. In this article, I aim to throw some light on the later by discussing how small businesses operating in the same industry, manufacturing and selling similar products can come together and form an alliance to ultimately brand themselves as a community. This will not only develop a strong reputational value but also maximise their returns and enhance profitability.1. Make sure there are numerous apartment complexes and small single–family dwellings within a one to two-mile radius of the location. Many of these may offer inadequate laundry facilities or none at all.2. Consider servicing the growing needs of lower income and ethnic communities. These areas typically feature larger families that depend on coin laundries. For example, according to US 2000 Census figures, the Hispanic community is the fastest growing population segment in the country.3. Make sure there is good visibility from the street and ample parking. Flags, roof signage and the colors blue and red always attract attention.4. If you're considering a store in a strip center, make sure other stores in the center are the type that will attract customers to your laundry.5. If you'r I conceived the concept of a branded community in the light of the fact that small businesses are often being judged against larger brands. Unlike large corporations, small businesses do not have the financial resources to carry out strong marketing activities. Hence, most of these businesses often seem to approach the route of ‘brand imitation’. This is usually in the form of using names or marks which are similar to the already well known brands or an incorporation of some well known signs in their own brand names. In my article “Counterfeit Branding – Representing True Globalisation”, I have referred to the counterfeit market in India which is estimated to be worth more than $2billion and is almost growing at a rate of over 20% per annum. A majority of this counterfeit market comprises of those small businesses that produce quality products but are unable to brand and market themselves on their own. However, before we start labelling such businesses as ‘cheaters’ or ‘counterfeiters’ it is important to understand the reasons why most small players resort to such activities. I don’t deny that there must be a portion of this community which resorts to such activities only because they can make some big bucks, but by and large small businesses are usually victims of the market forces and lack o Today's Banks Are Not Just For Mortgages, Loans and Investments s a community. This will not only develop a strong reputational value but also maximise their returns and enhance profitability.In today’s capitalist world where security is one of the utmost concerns, the typical problem facing an individual is financial security. Money-related questions typically asked are: “Where can I keep my money? What is the best way to invest it and make it grow? Who can I borrow money from?” And the answer: a bank – a financial institution dealing with financial concerns.Banks are known to provide financial services, from storing assets (liquid or otherwise) to extending credit. From a bank customer’s point of view, this translates to services ranging from making deposits to asking for a loan. People are now even capable of paying their bills and most of their purchases thru different banking methods.Historically, banks have been seen as heartless and opportunistic. They were seen as vicious busin I conceived the concept of a branded community in the light of the fact that small businesses are often being judged against larger brands. Unlike large corporations, small businesses do not have the financial resources to carry out strong marketing activities. Hence, most of these businesses often seem to approach the route of ‘brand imitation’. This is usually in the form of using names or marks which are similar to the already well known brands or an incorporation of some well known signs in their own brand names. In my article “Counterfeit Branding – Representing True Globalisation”, I have referred to the counterfeit market in India which is estimated to be worth more than $2billion and is almost growing at a rate of over 20% per annum. A majority of this counterfeit market comprises of those small businesses that produce quality products but are unable to brand and market themselves on their own. However, before we start labelling such businesses as ‘cheaters’ or ‘counterfeiters’ it is important to understand the reasons why most small players resort to such activities. I don’t deny that there must be a portion of this community which resorts to such activities only because they can make some big bucks, but by and large small businesses are usually victims of the market forces and lack o Business Records Destruction uo;, I have referred to the counterfeit market in India which is estimated to be worth more than $2billion and is almost growing at a rate of over 20% per annum. A majority of this counterfeit market comprises of those small businesses that produce quality products but are unable to brand and market themselves on their own. However, before we start labelling such businesses as ‘cheaters’ or ‘counterfeiters’ it is important to understand the reasons why most small players resort to such activities. I don’t deny that there must be a portion of this community which resorts to such activities only because they can make some big bucks, but by and large small businesses are usually victims of the market forces and lack of financial resources. Hence, resorting to counterfeiting seems the only hope of survival. If these small players can be given the right guidance to understand how to create and develop their own brands, my guess is that over a period of time the value of the counterfeit market in India would go down by a half.Effective June 1, 2005, the FTC’s Disposal Rule requires any business or individual that utilizes credit report information to properly dispose of that information to protect against unauthorized access to or use of the information. The Rule can be found at www.ftc.gov/os/2004/11/041118disposalfrn.pdf.Examples of consumer reports include credit reports, credit scores, reports businesses or individuals receive with information relating to employment background, check writing history, insurance claims, residential or tenant history, or medical history.Affected business include mortgage brokers, lenders, insurers, employers, debt collectors, and car dealers.Financial institutions, including mortgage brokers, are subject to both the Disposal Rule and the Gramm-Leach-Bliley (GLB) Safeguards Rul So what’s stopping marketing and brand experts to help small businesses establish innovative and commercially viable brand names for their products and services? Is it because experts either don’t want to waste their time working with smaller companies or is it because there is no attractive financial return at the end of a consulting project? Well, whatever the reason I’ll leave it for the marketing experts to decide for themselves. The point I am trying to make here is that if small businesses in India can be educated about the importance of brand and image building in enhancing competitiveness, be introduced to strategies for developing brand names and be provided with an opportunity to learn from those who have been successful in this aspect, we might well find some of these small businesses churning our global brands much faster than the large established organisations in the market. A branded community can be defined as a “group of specialised non-geographically bound manufacturers which share a strong sense of unity and a common vision for establishing a robust brand presence in the market”. Each and every member of the community at first must believe that creating a strong brand is the only way in which it can compete with the big daddys in the market. Having said that, the group members must then roll out a plan to create a well defined brand proposition strategy which is aligned with the key objectives of the community as a whole. The next step would then be to identify the key process initiatives that need to be undertaken and develop metrics to assess the successful implementation of each. Finally, what this will result into is a strong brand driven community which can independently operate in the form of an organisation. A final note of caution. It is possible that small businesses can also fail to develop branded communities by forcing them to happen. As each branded community will be unique and specialised in the way they manifest, each member will also differ in terms of the way it functions on a day-to-day basis. In such a situation conflicts may arise. To avoid this, group members must compromise, be willing to overcome their personal interests and look at the bigger picture. In sum, I’d like to quote what Mr Henry Ford once very rightly said, “Coming together is a beginning; keeping together is progress; working together is success.” ------
HTTP = HTML link (for blogs, profiles,phorums):
Related Articles:Software Companies, Don't Sabotage Your Long-Term Success! Online Advertising Secrets Exposed
|