Social media column 1

The core social networks have different audiences, so give them what they expect to see.

By Judi Cutrone

Too many brands follow a one-size-fits-all strategy when it comes to their social media content. It seems innocuous enough, not to mention efficient; instead of spending time crafting multiple pieces of content, the brand will simply post the same piece of content across all their social media networks.

 OP RESTAURANTS ED PIC1Whether you’re a major chain, a one-off restaurant in the burbs, or the trendy venture of a serial investor with a marquee chef whose name makes people nod appreciatively, you’ve got something to say. Right?
You’ve got a proprietary process, a new idea, a craveable flavor or some kind of differentiation from the restaurants just up the way. Let’s assume you have a general idea why people like you.
    
Now what? Time for ads? Social media promotions? Slick packaging, stylishly rough-hewn décor, maybe some coupons in the local shoved-it-in-your-mailbox jumble-pack amongst the muffler shops and carpet cleaners? Word-of-mouth, as if people are constantly talking about restaurants their friends should try (some people are)?

Franchising is a $700-plus billion industry that features hundreds of thousands of companies from a wide variety of industries. According to the International Franchise Association’s (IFA) 2011 Outlook report, the franchising industry is projected to grow 2.5 percent this year—providing a fertile ground for individuals looking to be self-employed. I bet now you’re wondering how you get a piece of the multi-billion dollar pie.

Perhaps, you already own a concept that you’re considering to franchise, or maybe are interested in joining a franchise system with an already proven model. The following will take you through the steps to franchising your concept and evaluating what franchise opportunity would be best to pursue.

 OP DIST ED PIC1Some say that imitation is the sincerest form of flattery, but when it comes to your food or beverage brand, copycat names are not a compliment. Thankfully, intellectual property (IP) laws in the United States provide a vehicle to challenge imitators. But even so, wise food and beverage companies will strategically consider ways to construct their important brand assets that reduce risk and enhance the possibilities of brand protection.

Ask many marketing professionals how to select a “good” brand name and you will likely hear that it is best to adopt a brand name that conveys something meaningful about the product in order to immediately communicate to the consumer a benefit or attribute. Thus,  brand names often include words that describe an ingredient or flavor characteristic of the associated product, its function, purpose or use, its quality, or the geographic location from where it comes.

Page 10 of 11

Current Issue

Check out our latest Edition!

Contact Us

Franchising Today Magazine
150 N. Michigan Ave., Suite 900
Chicago, IL 60601

  312.676.1100
  312.676.1101

Click here for a full list of contacts.

Latest Edition

Spread The Love

Back To Top