It's extraordinarily simple in theory. In practice, though, the range of decisions and initiatives a brand strategy must consider to sustain a competitive advantage takes a conscious and detailed effort. To leverage all the benefits of a brand, a defined brand strategy is one of the most crucial components of your business or organization.
Strong brands are based upon courageous choices that inspire people. While there is no single formula for building a winning brand, there is a format to guide the process. Think of it as a suggestive checklist. Build a foundation, take care of the basics, and then start layering different elements into the brand, adding richness and depth at every opportunity. That's brand strategy. Simple.