How Brand Utility Can Help Your Company Grow
OV E RV I E W
W H AT I S B RA N D U T I L I T Y ? E S S E N C E O F B RA N D U T I L I T Y FAC T O R S O F B RA N D U T I L I T Y CONVERSION C O N C LU S I O N
W H AT I S B RA N D U T I L I T Y ? Brand utility is a popular marketing method. It can come in many variations but happens when a customer connects with a brand design before a transaction takes place.
ESSENCE OF BRAND UTILITY Brand utility often occurs when a company gives away a product or service to potential customers so that they can see the value of what the company has to offer. It can also develop a sense of reciprocity Also, Brand utility serves several purposes in the consumer-company relationship. It can establish differentiation for the brand and can help the customer solve a problem.
FAC T O R S O F B RA N D U T I L I T Y U S E O F B RA N D
U S P (UNIQUE SELLING PROPOSITION)
The product must be useful to consumers and should be presented in a way so that consumers can see how it can add value to their lives
Every brand should have something unique about it that sets it apart from its competition
ATT E N T I O N
BUDGET AND DESIRE
Brand utility should serve to draw attention to your company and the products and services offers. It should get people
And even some other factors such as Budget for free resources and to make product desirable for the customers
CONVERSION A brand utility that gets checkmarks in all these categories should lead to conversions with more customers buying your product. If this is not the case, you might ask yourself what is distracting customers from making a purchase in the brand utility process.
C O N C LU S I O N Brand utility can be a great way to increase your bottom line, but it must be done strategically in order to be effective. You may want to call in an expert to help you so that your brand utility pays off. And it really help you grow your company. Decide what offers will work best and design a campaign that will help with your promotions, sales and brand awareness. Good luck using brand utility to increase your customer base!