ALL >> Business >> View Article
The Basic Idea Behind Branding - Use It To Your Advantage!
Different niches have different levels of competition. Some niches like "SEO and link building" have cut-throat competition. If I had to count the total numberof of the SEOs and SEO companies out there, it would come to around 30,000-40,000! For that reason, normally, there is an insane amount of competition in this market.
However, an interesting thing to notice about SEO consultants is that most of the players compete only on price. And by competing on price, they force themselves to work for minimal profit margins. Sometimes I am amazed at how cheap directory and article submissions can get (with regards to the links built, not with regards to the actual benefit given).
The main reason why companies compete on price is because, well, that is their only option. Had they created a brand name and positioned it in the right way, they would not have been working for small 5-10% profit margin.
Branding, in my opinion, is all about creating a sense of "importance" in the customer's mind.
A price competitor would say: If you hire me, I will get your work done at the minimal price!
A well-known brand ...
... name would indirectly say: We work hard for you, but in order for that to happen, you need to pay us a premium.
Branding is always about holding a unique position in customer's mind, which can then be used to charge a premium.
I have always found differentiation to be a much better approach than simply competing on price, which is can be a very self-defeating feat. In the end, you come out of the business tired, broke and exhausted.
Remember, branding takes time to put into place. Expect to invest a year or two in branding your business/website after which you will reap the rewards!
Click here to visit the SEO website to get more informattion!
Add Comment
Business Articles
1. Catering Services In Noida For Every OccasionAuthor: Catering Services in Noida
2. Leading The Way In Business Continuity Management System (bcms) In Uae And Dubai
Author: kohan
3. Manila Rope: A Versatile Solution For Various Industries In The Uae
Author: yasirsheikh1891
4. Exploring Asian Clothes Online: A Guide For Uk Shoppers
Author: Dazzle and Bloom
5. Maximizing Your Email Marketing Roi: A Comprehensive Guide
Author: tim seifert
6. Spray Paint: The Ultimate Solution For Versatile And Efficient Painting
Author: yakubali7842
7. High-quality Thrust Needle Roller Bearings: Essential For Reliable Performance
Author: psbearings
8. Web Design Company In Coimbatore
Author: cp
9. Top Needle Roller Bearing Manufacturer: Quality You Can Rely On
Author: psbearings
10. Discover The Best Rfid Tags For Your Industry Needs At Id Tech Solutions
Author: Shivam Kumar
11. Translation Company In India
Author: Lingosolution
12. Why Perlau Gwyn Dental Care Is The Top Choice For Dentists In Cardiff And Teeth Whitening Services
Author: Rebecca Brown
13. Hybrid Inverters & Their Diverse Applications
Author: blogswalaindia
14. The Role Of Solar Panels In Sustainable Living
Author: blogswalaindia
15. Solar Energy And Battery Storage: What You Need To Know
Author: blogswalaindia