Have You Created Your Personal Brand Equity?

This year’s annual conference is in busy New York City – lucky you. The all important two hour orientation starts in 15 minutes and you reallyneed that grandé cup of java. Dart out the hotel lobby and you’ve got 5 places to choose from. Come on now, you’ve got to decide fast – which one do you pick? If you’re anything like me (and most other folks), you go with the name you know, the one that means something to you. That, my friends, is a perfect example of one of the strongest forces in business: brand equity. And just like a strong product brand that gets you to pick one retailer among a pack of choices, you can also brand yourself to stand out in the minds of prospective sales and job contacts.

“Brand myself? What does that mean coach? Heck, what exactly is a brand anyway?” Well, as Philip Kotler (the widely recognized guru of marketing and author of the classic “Marketing Management”) points out “A brand is essentially a seller’s promise to consistently deliver a specific set of features, benefits, and services to the buyer.” When it comes to branding yourself, you’re the seller and your professional contacts are the buyers. Your personal brand is how you look, what you say, how you say it. It’s the image, emotion, and thought that you invoke in the other person after you have interacted with them.

So just how do you go about branding yourself? Branding yourself is analogous to the type of branding that a marketing executive performs when they are branding their company's product and organization. You have to apply the same methodology, mindset, and approach to branding yourself because in this case, you are the product that’s being promoted and launched. The most successful product brands are promoted and maintained through repeated emphasis and in different mediums. Your personal brand is formed and strengthened through repeated communication with your contacts, and at all touch points (phone calls, networking meetings, emails, presentations, etc.).

The first step is figuring out just what brand you want to convey. This is going to involve a little introspection here, but don’t worry, I’ll walk you through it - (Hey, what are coaches for?). Then of course you need to think about how you’re going to “advertise” your brand. The following will provide you with some concrete concepts and techniques to help you develop and implement your personal brand. Here are the main points to consider:
 

 
Coach Nick’s steps to building your brand equity:
 
  • What is your vision & mission? – Define your values and goals. Draft a long-term statement about your destination.

  • What is your value proposition? - Define your unique offering to your desired. Review your personal characteristics, strengths, and weaknesses to find out the type of professional you want to be.

  • Who is your target audience? - Determine and find the audience that fit your values. Determine the audience that needs your unique offering and wants the things you do well.

  • What is your brand promise? - Your brand promise is the consistent communication to your various audiences that invokes a specific image, feeling, and thought that you want others to have about you after you've contacted them.

  • How will you implementation your brand? – You must execute specific strategies to reach your audience. You must provide a consistent message to build familiarity.

Remember, the key to a great brand is that the audience has a developed sense of attributes in mind for a product – they don’t have to do a taste test. And let’s face it, whether you’re a job hunter or you’re selling the next “killer app”, most recruiters and buyers are inundated with choices. Anything that makes you quickly and reliably stand out will give you the edge in their decision making (just like that coffee retailer outside your hotel in New York City). And that’s exactly what your personal brand will do for you. Don’t think too long and hard about it…Just do it!

   
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