Friday, May 1, 2020

The Great Reset and Your Brand



This is the year of the Great Reset. Things will change, and you need some basic marketing tools to execute the Great Reset for your company.

 First of all, answer the question: what business are you in?

The  shoe store owner is going to say I’M IN THE SHOE BUSINESS.  Well, without being too negative, that’s not the answer. The owner actually is in the fashion business. Or the comfort business. You need to market your business to make it very clear what ‘feeling’ you want the customer to have.

When Charles Revson of Revlon was asked this question, his answer was that his company was in the hope business.

So—start here. What business are we in? What emotional needs do we want to fulfill?

Henry Balfanz, MBA

No comments:

Post a Comment