The most successful brand marketers practice "brand-mapping," according to an informative article in MarketingProfs.
In the article, you can learn about these five steps to brand-mapping:
- Identify your current market position
- Do a competitor analysis
- Determine your USP
- Draft a positioning statement
- Test your position with a brand map
Read about brand-mapping here (free subscription required):
https://www.marketingprofs.com/articles/2022/47409/how-to-use-brand-mapping-to-position-your-business?
This post is brought to you by 123 eGuides, publisher of authoritative, affordable guides to help small businesses get the most from your marketing. Now available: The updated, revised Third Edition of the popular eGuide, Branding 123, that details a 3-part system for how small marketers can build a breakthrough brand. Included in the Third Edition are profiles of 5 small brands that grew up using techniques similar to those outlined in Branding 123. Read more about this eGuide here.