Factors that make personal branding necessary for you
Let’s have a brief insight into the power of personal branding through the following points:
The ‘Effect’ of personal branding
Obviously, personal branding is an effective process for both you and the people associated with you. The effect of personal branding varies from person to person. Philip Kotler, the renowned professor of International Marketing in the Northwestern University at the Kellogg School of Management said, “If you are not a brand, you are a commodity”. It means personal branding does have its impact on an individual as well as a group. Your personal brand also influences your individuality that instils confidence in you that further leads to better performance from your side.
The ‘Reach’ of personal branding
By now, it must be clear to you that Personal branding is capable enough of changing the mindset of people, but it is even more commanding when we talk about its reach. There is no limit to the scope of personal branding. A person can extend his or her brand either to a limited group of people or to the whole world as per his preferences. If you are a beginner and trying to establish yourself in this competitive world, it’s obvious that you wish to initially influence and attract a small group of clients, but if you already own an established business, you can make efforts to spread your brand all over the world with the help of personal branding strategies. Social media and other tools of recent technology are boon in this regard to widen your brand to a large number of customers in a second.
The ‘impact’ of personal branding
Once you are popular as a brand among your customers or group of associates, you can see immediate changes in their behavior. Everyone wants to be associated with you and your brand. This can be best explained with the example of the advertisements of the products we watch on television or elsewhere. We generally buy the products advertised with catchy taglines and elaborated promises. We buy the soap, creams and other things just by seeing the brand. Another example is the brand ‘Mc Donald’s’. This fast food chain is one of the most famous eating joints across the world and it is a brand in itself. Eating at Mc Donalds is a status symbol rather than eating at any local fast food joint. Therefore, this is the ‘Power’ and ‘impact’ of personal branding.