Two of the most important aspects of your brand identity are the abilities to be firm enough to stay consistent and yet flexible enough to withstand the constant changes in the market’s relevance. If you are not consistently evolving, you will run the risk of losing relevance in the hustle and bustle of today’s world. Staying relevant is all about keeping your name and your brand at the forefront of the consumer’s mind. Here are some tips that Harvard Business Review came up with and we think they are worth sharing.
- Keep the Competitive Edge: Always having the rivalry in mind will bring about new ideas that will keep you sharp and competitive.
- Partner Up: Using what is called the ‘leapfrog method’, use a partnership to launch your brand further and reach different and wider audiences.
- Reevaluate and Revamp: Constantly ask yourself if you are the best you could be. Positioning yourself with the times and embracing change will keep your brand lasting.
- Have Brand Energy: Although you can make changes in your strategy—your brand, mission, and promise must never be compromised. Have brand quality and that energy will buzz on.
We call it changing the conversation. Rather than allow consumers to focus on the competition, evolving your brand to stay relevant will break through the clutter and get their attention. Staying relevant and appealing to the mass audience will keep your brand fresh and progressive. Is your brand relevant or is it time for some innovation?
The Russo Group
- Four Strategies for Staying Relevant (blogs.hbr.org)
- Multifarious Marketing: A New Spin on Targeting (adrants.com)
- How to Look Like a Big Brand Even if You’re a Small Fry (blogs.constantcontact.com)