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. Lucintel Forecasts The Glass Fiber In The Global Marine Market To Grow With A Cagr Of 3.7% From 2024 To 2030Author: Lucintel LLC
2. Lucintel Forecasts The Glass Fiber In The Global E&e Market To Grow With A Cagr Of 3.9% From 2024 To 2030
Author: Lucintel LLC
3. Lucintel Forecasts The Global Frp Pole In Telecommunication Market To Grow With A Cagr Of 6.5% From 2024 To 2030
Author: Lucintel LLC
4. Lucintel Forecasts The Global Frp Pole In Power Transmission & Distribution Market To Grow With A Cagr Of 6% From 2024 To 2030
Author: Lucintel LLC
5. Lucintel Forecasts The Global Frp Pipe In Oil And Gas Market To Grow With A Cagr Of 5.1% From 2024 To 2030
Author: Lucintel LLC
6. Lucintel Forecasts The Global Frp Pipe In Chemical Market To Grow With A Cagr Of 3.6% From 2024 To 2030
Author: Lucintel LLC
7. Adopt A Modern Telecom Commission Management System To Fix Revenue Leakages
Author: Kevin
8. Quality Steel Pipes And Tubes With Commitment And Trusted Service
Author: CONTENT EDITOR FOR SAMPHIRE IT SOLUTIONS PVT LTD
9. Lucintel Forecasts The Global Foam Core For The Construction Market To Grow With A Cagr Of 3.7% From 2024 To 2030
Author: Lucintel LLC
10. How Important Is Mutual Fund?
Author: Sagar Shah
11. What Do You Need To Know About Customize Your Own Clothes
Author: Guangzhou Beianji Clothing
12. Detailed Tips To Choose Quality Cabinets And Joinery Melbourne
Author: William Harvey
13. Lucintel Forecasts The Global Foam Core For The Transportation Market To Grow With A Cagr Of 5.4% From 2024 To 2030
Author: Lucintel LLC
14. Silicone Sealing Foam Cord: The Valuable Option For You
Author: Dongguan Senma New Materials Technology Co., Ltd
15. How Investment Banking Companies And Credit Solutions Elevate Wealth Management
Author: Drishti Desai