Get noticed, get branded!
Entering a new market can be very time consuming and complex project. There are numerous issues to address depending on your specific industry. You must figure out the logistics, decide over market entry models, obtain approvals for your products, localize your sales and marketing material, set up sales channels, and recruit people. In midst of all this, it is easy to forget that your brand needs special focus as well.
It has been proven several times that people purchase brands, not products. I’m saying here people, since I’m not talking only about consumers but rather about all people that engage in purchase decision-making. The same laws apply whether you operate in B2C or B2B markets. Thus, when entering new and significant (or significantly different) markets such as the North American or Chinese market, your brand needs special attention.
Dedicating special attention to your brand does not mean that you should re-do your entire brand image, marketing strategy and marketing materials. No, it’s simpler than that. Let me give you a few simple steps that you can follow to ensure that your brand supports your market entry strategy:- Benchmarking: See what your competitors and industry leaders are doing in that specific market. Try to find out the different patterns that emerge, which differ from what you are used to at your home markets.
- Key message: What is the key message that your brand is supposed to get across? Is that same message strong and differentiating enough to gain you a strong position right from the start? Use the information from benchmarking to help you redefine the key message of your brand.
- Be persistent: After you have done your benchmarking and fine-tuning of the key message, you must use that knowledge to reconstruct your marketing material and content of your communication medias. Take one document or media at a time and asks your self these questions, ”Does the re-defined key message get through via this document/media? Will my target audience apprehend it? Does our brand emerge stronger from the competition?”.
Now, as you may have noticed, these steps only address the brand promise. Keep in mind that you must always pay attention to delivering on your brand promise.
Managing your brand during market entry does not need to be time consuming and difficult but it needs to be addressed and managed coherently.


