The Corner Stone of Your Business
• What is Branding?
• Branding = a promise delivered
Everything you do in your business is a “promise” to your clients and partners. The colors, badge, names are only a small part of your
Brand
• Think of the ULTIMATE brand
• A simple piece of paper that Branding has made valuable
• On the front we find the owner of the brand the Federal Reserve and a testimonial from the first President George Washington
• There is a simple guide for users: “This note is legal tender for debts public and private.”
• To solidify the brand, the owner provides an important emotional message “In God we
Trust”
• This world “brand” confers value globally even though it just a piece of paper
• How is marketing different than branding
• Marketing is an attempt to Push a consumer to buy a specific product or service
• Branding is an attempt to Pull consumers in based on a feeling of recognition and trust
• Where marketing may sell a specific product branding creates loyalty and ambassadors
• Branding is strategic
• Marketing is tactical
• Marketing can support a brand and help expose the brand to more prospects
• Branding is what remains after the marketing efforts happen
• Marketing may convince you to buy a Camry, but Branding may convince to buy Toyota’s from now on
• Branding is more important than ever
• The world is On-Line
• Information is available at the click of a mouse or swipe of a finger
• More and more buying decisions are being made based Brand knowledge
• No branding, no differentiation. No differentiation, no long-term profitability
• People don’t have relationships with products, they are loyal to brands vs.
• For the Mortgage Business you ARE your brand
• People don’t do business with you because of the company you work for or your companies brand
• They do business with you because they trust YOU……that is your
Personal Brand
• I would say we all have a personal brand that influences other people's decisions about whether to do business with us or not
• Your personal brand not only has a powerful effect on those you meet, but others within your network as well
• People talk about you the same way they talk about products or services and your personal branding has a big influence on those conversations
• Personal Branding is NOT just about you professionally
• The best brands not only tell who you are professionally, but privately too
• Example : David Beckam - private branding shows who he is as a son, father and husband while his public brand shows who he is as professional athlete and fashion icon
• Example : Paul Baxter – my private branding is who I am as a father, husband, Floridian while my professional brand is who I am as a marketing coach, trainer, speaker and teacher
• Your personal brand creates impact in 3 stages
1. The First Impression – This first impression happens even before you open your mouth – do you look the part
2. The Initial Conversation – what you say and how you say it to build rapport
3. The Follow Up – how you follow through and build the relationship
• As a Mortgage Professional your brand MUST convey
Expertise – You must be knowledgeable in in what you offer (this is why focusing on niches is so successful)
Trust – Be honest and ethical in both your personal and professional life to be “branded” as trust worthy
Availability – This bowls down to communication, both partners and consumers want to know they can rely on you for answers when they have questions……
Keep me in the Loop!!!
• The Goal today was to change the way you think about your BRAND
• It is not just a name or image
• Your brand is how people feel when they see or hear your name or image
• Your brand is all the things you do in your business and a lot of times personal lives
• How to create your Brand Name
• Step 1 = Type your first and last name
• Step 2 = Feel free to come up with something to follow but it is not essential (The Mortgage Dude, Mortgage Answer man….)
• Step 3 = Done
• Take Google for instance –
• Nothing in that name says “search engine”
• However it is the most recognized “Brand” in the world
• Why?
• Because the branding came with getting their message out
• An extreme example, I know
• But put it in perspective – Your “audience” are the Real Estate Agents and Home Buyers in your area
• Focus your branding on the right audience and maximize the result
• You all now have a Brand
Paul Baxter Implementation Coach
• Join me tomorrow and lets talk about how to get it out to your audience