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Chartered Accountants

Trusted advisers of all tax compliance and annual accounting issues facing both individuals and small businesses.

Building brand awareness

Posted on Oct 6, 2016 by editor

With the advent of social media, building brand awareness is not as simple as creating one traditional advertising campaign.

A strong brand will set your business apart from all your competitors and help establish a loyal customer base. Here are three tips to increase your brand’s awareness:

Segment your target market
Target market research is an essential part of formulating your marketing strategy. Once you understand the needs of your target market you can divide the entire market into different customer segments based on demographics, geographics, psychographics, buying behaviours and benefits sought. Market segmentation will help to align different customer segments to different marketing campaigns; ensuring your brand’s messages are well-received.

Incorporate PR
Public relations (PR) is an effective way to reach your target audiences and increase awareness. Consider hosting an event and if possible gain access to local media coverage. Press coverage not only gives your business more credibility but it increases reach, attracting new customers. If hosting an event is not viable, consider other PR alternatives, such as sponsorship or teaming up with another business.

Get social media savvy
Social media is a cost-effective way to increase your brand’s presence. Social media can be used to share relevant content, participate in communities such as Facebook groups, and promote your goods and services. Social marketing helps to improve your business’ image and develop better relationships with your customers and community.

Garry Hughes has been the Orewa North accountant for the past 17 years. The key to this long association has been the efficient manner in which Garry has performed his preparation of our accounts. It has been a pleasure to deal with someone whose working relationship has been friendly and exceptionally flexible when fitting in with the school needs and the ever changing Ministry of Education regulations and reporting requirements. It is good to know that sound financial advice and guidance is only a phone call away.
Bruce LawsPrincipalOrewa North Primary School

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When share markets drop, it is not uncommon for investors to feel threatened and anxious about their investments. Luckily, there are strategies you can adopt when share markets fluctuate, in order to use the volatility to your advantage. Consider the following: Patience One of the greatest tools you can have when it comes to investing, in any market, is patience. Many investors react when there’s market volatility and start shifting their money and pulling their investments, ultimately resulting in them losing their money. You need to be patient and understand that the nature of share markets is for them to […]

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