Brand
Brand licensing is key in helping businesses to generate revenue and increase their commercial value. Licensing allows brand owners to retain control over their intellectual property, such as trade marks, whilst creating a revenue stream and opening up the possibility of entry to new markets and raising consumer awareness and exposure.
In the words of Bill Gates, ‘Content is king’ and this applies for startups. Quality content not only helps to boost awareness and improve SEO, but is also a marketing tool that will start conversations and showcase brand value. It is perhaps one of the most vital tools a business can have, but it’s amazing how many startups still don’t utilise it to its full potential.
Many startups think PR is out of reach for them – they think that they need big budgets for a PR agency, or a little black book of contacts, a huge amount of time or they need to wait until their business is bigger. But in my experience, this isn’t the case – there are ways that start-up businesses can bootstrap their PR whilst achieving great results that help to build their brand, drive sales, help their SEO, create trust triggers and get them talked about by the right people in front of their target audience.
Let’s face it, the internet is a crowded place. When you’re just setting up your new business, one of the first hurdles that entrepreneurs have to overcome is to simply get noticed. Entrepreneurship has risen by 30% in the last couple of years (Financial Times) and 98 new businesses formed every hour during Q1 of 2021 (Business Leader). So, how can you stand out in a saturated marketplace?
Whether you’re a startup founder, marketer, or future entrepreneur I want to tell you that 90 percent of startups and young businesses simply don’t survive long-term. Now, where did I come up with that stat? It’s not just something I make up. I’m going to talk a lot in this article about being data-driven in the ‘moves’ we make as marketers, so know that anytime I throw a number out, it’s researched backed, just like you should be with your marketing.
Gone are the days when good marketing involved only a recognisable logo, a catchy slogan and a TV, radio or print campaign. There’s no doubt the digital world has created huge marketing opportunities – it has never been easier for brands to engage directly with their customer base, and target ads to the people who want to see them.
During the pandemic, as well as baking lots of bread, we socialised online more than ever before. Craving connection, people turned to their favourite platforms to fill the void of IRL interaction, and we witnessed social media return to its original purpose – to connect and build communities. Brands have jumped at the opportunity to use the power of social to get closer to their customers and with one in four saying their favourite brands have strived to build relationships with them in the past six months, it’s clearly paying off. But getting your customers to engage with you, or even notice you, on social media in today’s pay-to-play landscape requires more than just pressing ‘post’.
Businesses look to constantly tweak their hiring strategies and recruitment processes to have prolific talents on board. Needless to say, an organisation is as good as the overall competence of its employees. Hence, businesses also go about spending exorbitant amounts of money to market their job vacancies among a larger talent pool. However, be it job seekers or potential customers, they always view businesses in terms of brand value.











