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Week of May 10, 2004

Front Page

President's Message

* For Working Families, Affordable Housing Is in Short Supply

Housing and Economics

* Consumers Win Latest Round in Canadian Lumber Dispute
* A Housing Price Bubble Does Not Exist, Freddie Mac Economists Say
* Eye on the Economy

Housing Politics

* Sarbanes Blames ‘Ideologues’ for Impasse Over GSE Reform Legislation
* Provisions in Habitat Reform Bill Supported by Builders
* NAHB Unveils Virtual 'Get Out The Vote' Election Web Service

Business Management

* NAHB Kicks Off General Liability Insurance Initiative
* Review Your Accounting Reports to Protect Yourself From Fraud

Environment

* Supreme Court Decision Brings Good News on Residential Construction Equipment
* Storm Water Permit Guide Available at BuilderBooks.com

Multifamily

* Stillman Knight Honored for Affordable Housing Efforts
* High-Density Housing an Opportunity for ‘Urban Quality’ Design

Small Builders and Remodelers

* Build a Brand: Become a Household Name
* Publicize May as National Remodeling Month in Your Market

Design

* Survey Says Buyers Want Laundry Rooms, Linen Closets
* Best in American Living Awards Accepting Entries

Seniors Housing

* HUD Urged to Provide FHA Insurance for Age-Restricted Elderly Housing
* Not-So-Big Homes Provide Unique Marketing Advantages

Legal Issues

* Texas Town’s Misconduct Not Enough to Show Taking

Housing Finance

* Responses Sought on HUD Proposal For Fannie Mae, Freddie Mac Housing Goals
* National Housing Conference to Honor Angelo Mozilo for Lowering Homeownership Barriers

Codes and Standards

* Stair Geometry, Window Sill Heights on Hearings Agenda

International

* Second International Housing Conference of the Americas Promotes Business Across Mexican Border

Labor

* NAHB Members, Job Corps Students Help DC Habitat in Family Build

Building Products

* Vinyl Siding Stays Put During Severe Weather

Builder's Engineer

* Gold-Fringed Business Cards?

Building News Coast To Coast

Association News & Events

* Calendar of Events

NBN Back Issues

 

Build a Brand: Become a Household Name

One of the most important assets any company can have is a brand. Branding differentiates your company from the competition.

Think of all the large companies worldwide. Every one of those companies, and many others, has a certain brand they worked hard to develop and protect: Volvo — safety; Ford — quality; Harley Davidson — tradition; FedEx — overnight delivery, guaranteed. Their companies’ branding rolls off your tongue.

Sure, these are very large companies. But the basic principle is the same for them as it is for remodeling companies. The question to ask is, “How can we brand our own companies?” Keep in mind that branding is more than just putting a sign on your vehicle. Much more. Branding reflects everything you do or will do as a company.


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Laying the Foundation

To become a household name among potential clients, you should follow some branding basics:

  • Be consistent. Consistency allows your customers to gradually recognize your brand. This consistency encompasses how you do your work, and how you promote yourself in the marketplace. Your business cards, letterhead, envelopes, job site signs, truck signs, trailer signs, etc. should all have the same look.

  • Pick a logo that is visible and easy to recognize from afar (How recognizable are the Golden Arches?).

  • Make sure all your employees understand your construction practices or processes. Everyone at our company knows that we do whatever it takes to make the customer happy. Even our customers know our philosophy. We work on building an image of doing the project right the first time and in a professional manner.

Know Your Clients

If you are like many design/build companies, you probably don’t need to advertise in the Yellow Pages because a lot of your customers come from referrals. Instead, determine who your clients are and how you acquire them and then build a presence where they are most likely to be found.

For instance, many of our company’s clients are involved in community service projects. Consequently, we actively support the community service organizations running those projects and work with individuals involved in those organizations. We have developed a presence in a way that directly relates and resonates with our clients, we garner positive local publicity, plus we help our community.

Stay Focused and Spend the Time

We pride ourselves on our professionalism. From the first time a customer contacts us to well after we have completed the project, everything we do, every contact we have with that customer, says “professional.” Our reputation is important. It is part of our brand. So we promote ourselves by promoting our reputation.

Our aim is to continually forge a direct relationship between our logo, name, image and professionalism. This does take time. Even the big boys did not create their branding overnight. Procter & Gamble has worked for 167 years to become a household name; Pepsico, a century. Of the top 25 brands in the world, Microsoft is the youngest — at 20 years old.

Sometimes building a brand means moving people around or out. We take a different approach to hiring employees. We maintain the philosophy that we can teach a person how to estimate, but we cannot teach that person how to interact well with others. Therefore, we look for the personality we feel is a great fit and then teach the skills. You cannot take the skills and then teach a personality. Look for the people who meet your company’s brand and train them.

You have to constantly look for ways to get your company in front of the public. It takes persistence and a proactive marketing campaign, but your goal should be to have your company as the premier company in your industry.

Get in the newspaper, on television, on the radio or in magazine articles. Hold offices in community service or volunteer organizations, donate your services to worthy causes and hold seminars. Show your brand by your attitude, dress, look, paper work, communication, answering the telephone, office, trucks, employees — the list continues.

Everything you do should ultimately result in building the brand of your company. Branding is a well-planned process and may take some time, but it pays off in the end. You need to be the first company people think of when they think of your industry.

Erik Anderson is vice president of Anderson-Moore Builders, Inc. in Winston-Salem, NC. He also currently serves as vice president of the Home Builders Association of Winston-Salem. For more information, contact Anderson via e-mail.
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