HOW TO STAND OUT IN A SATURATED MARKET

In order to make your presence felt when there are a number of other businesses specializing in the same industry as you, you have to find a unique way to stand out!

Create an original brand that no one else has.

Just because you have the same kind of business doesn’t mean your brands have to be the same. When entering a market it’s important to analyze what your competition is offering and incorporate features, benefits, or an experience unlike any other. Seth Godin defines a brand as a set of expectations, memories, stories, and relationships that, taken together, account for a customer’s decision to choose one product/service over another.

What about your brand makes you different? Is it the ambiance? Is it your signature dish or service? Is it the upgraded technology that you provide with your brand?

Keeping it Clean in Grand Bahama offers Healthy meal options only. While other restaurants may have healthy options, this restaurant is ONLY filled with a variety of healthy entrees. As a bonus, they also market their meals to their workout clients from their sister business Cardio Blast. KIC created a service that caters to a captive niche audience that they were already serving! Yes, there are other workout programs and other restaurants in the market, but joining these two businesses to serve the same target market, is creating a unique lane for this company.

Always stay on the cutting edge; remain innovative

Bring new ideas to the table to keep your customers excited about your brand. Sarah Blakely says in order to stay ahead of the game, her team has to continue to invent new products. As business owners, you have to know, that people who mimic the style of your brand are a dime a dozen, so if you do not seek to continue to level up the market. Someone who created a certain product after you will begin to take control of the market share. 

Be visible

One of the major reasons why big brands (companies with a large market share) like Nike, Coke, and Walmart still advertise their products is because people forget. It’s like the saying goes; out of sight, out of mind. It is important to always ensure that you stay in the forefront of your customers’ eyes.  During the pandemic, a lot of businesses had to learn how to pivot in order to remain relevant and VISIBLE.

As a company Island Dreams Management, did this by quickly taking our training on to an online platform. In May of this year, we also held a week-long virtual webinar called “Teach Me How to Pivot.” We were able to share our expertise in the online realm and remain visible with our target market. As a business owner, you have to be ready to adapt to NEW adventures, whenever they arrive by finding innovative ways to remain VISIBLE. 

If you enjoyed these Branding Tips, you definitely want to take advantage of our FREE CONSULTATION where we discuss how we can personally walk you through implementing the best strategies for YOUR business! So head to the link so that you can book your session TODAY. Also, be sure to continue the conversation with us on our Social Media handles:

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About the Author
Picture of Kerel Pinder
Kerel Pinder

Kerel Pinder is an energetic Creative who’s mission in life is to inspire others to become the most authentic version of themselves. A woman who is rarely afraid to take a leap of faith, she runs to the beat of her own drum. She credits all of her success to her trust in the Almighty Creator and through Him defines the meaning of Girl Boss! A travel enthusiast and personal development advocate, Kerel is definitely a woman who’s determined to change in the world. Over the years she has established a strong personal brand that has led her to become an author, international and TEDx Talk speaker and an award-winning playwright.

Equipped with a Bachelors’s degree in Psychology, a Master’s Degree in Education and a second Master’s degree in Communication and Leadership; Kerel uses her educational and experiential knowledge to help clients tell their story. Kerel is also an active member of her local community as a member of the Freeport Players Guild, Youth Leader and the current local President of Pi Upsilon Omega Chapter, Alpha Kappa Alpha Sorority Incorporated.

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