Has Your Brand Lost Its Focus?
When you first start a business, the objectives and values at the heart of the company are often one of the first things to be set out. And while most business owners make their best efforts to stand by these values, over a prolonged period of time it can be very easy to drift away from them. But how can you tell if this has happened to your business? We’ve come up with some tell-tale signs which will help you to determine whether your brand has lost focus.
You Are Always Trying to Diversify
Whenever you diversify into a new market it’s important to consider whether the market you are moving into actually relates to the main focus of your business. Moving into a market unsuitable for your business will not only create doubt in the mind of your customers over what you stand for, it could also make your brand less effective in the market you originally ventured into.
Your Offering is Out of Date
Brands which promote out of date products and services, or in particular fail to add new ones, often come across as though they have lost focus. The absence of fresh lines and ideas demonstrates a lack of understanding towards the changing trends of what consumers want; something which can badly affect how well a business is able to grow if left unresolved.
Your Brand is Giving Mixed Messages
What is the key message you portray to your customers, and is it consistent? These are two big questions which need considering when determining whether your brand has lost its focus. Customers will find it hard to connect with a brand if the messages it has been sending out are inconsistent, as well as make it really difficult to establish a target market too.
You Are Too Committed to One Course
Every brand needs something which makes it stand out. However solely focussing on just one area of a business can quickly mean that others areas become neglected. It’s all about balancing the priorities of your business, and making sure none of them are forgotten about when trying to grow.
If you feel as though your brand needs to find its focus, get in touch with us today- we’re happy to help.