[Personal Branding Strategy: Why Is It Important?]

Hello Optimist People!

We are back again with KaMIST! Every week on Thursday we’re going to give you an insight about marketing.

[Personal Branding Strategy: Why Is It Important?]

What do you want to be known for? If anyone recalls your name, what pops first in their mind about you? Branding isn’t only applied to brands, it is also essential for a person. A personal brand is the unique combination of skills, personality, and experiences that make a person as they are now or in other words, the practice of marketing people and their careers as brands. An effective personal branding will differentiate you as a person and allow you to build trust to customers, clients, and others.
Developing an exceptional personal branding is not a piece of cake. People need to communicate their opinion, purpose, and mission in a genuine way. You don’t need to imitate Oprah or Richard Branson to have a great personal brand as it exists when you start to build it by yourself. For instance, when you publish a post on social media, you reveal aspects about you to anyone who views it. It’s not about being fake or becoming like other people, but you curate aspects of your own personality and present yourself in your best version.
So, what do you need to do first? Be authentic and perceive yourself as a brand. When you become original, people will remember your presence and your uniqueness. Second, determine your values and passions as they determine what you would become in one, two, or ten years from now, including your career path. Lastly, reinvent yourself. The thing is, personal branding isn’t going to last forever. You always have the opportunity to be better and reinvent yourself to present your persona to the audiences.
Performing your personal branding helps you to stand out. The important key to build an effective personal brand and becoming influential is to consistently be smart at showing your experiences to potential business partners. Now, Go present your personal branding and show the audience what you’re worth. When you start building that, it will be a game-changer for your brand.

Source: Forbes

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The idea of delivering the most value for the consumer has evolved over the years. As we know, the best marketing strategy is cetera desunt for adaptive future-leader mindset that uncertainly evolved over decades. Companies began to use various promises in effort to persuade and attract customers. The fiercely increasing conditions of competition added the popularity of the concept of “brand” and “advertisement” by adopting the concept of neo-marketing and elaborate them with psychological terms. Albeit, all emotion influences consumers personal relationships, business choices, and buying decisions. The emotion itself has situational and reactive qualities, as well as satisfaction and expectations formed over lifetimes of experiences and interactions.

When a boy goes to an ice cream parlor or restaurant, he will feel befuddled. Choosing what he is going to get, that’s the thing that he despises. Would chocolate chip or strawberry ice cream please him better? Cheeseburger or fried chicken? He feared that what he selected will not give him as much pleasure as the other option would give. What he doesn’t choose could provide a higher sense of pleasure than the one he chose. One interesting finding utilized by neuromarketing is that people really don’t want to lose out. People are just as worried about what they might lose as to what they might gain.
In the meantime, one of the biggest challenges that marketers deal with is customers’ expectations in the pre-purchase phenomenon where the consumers haven’t fixed their buying decision yet. To tackle the challenge, many companies are competing to build relationships with their customers, with the expectations that they will be able to provide the best customer experience for specific individuals. Therefore, the company must be customer-centric to carry out a successful marketing strategy in order to be noticed by consumers and to forge a brand identity.

According to McKinsey (2019), by making a fundamental change of mindset of focusing on the customers, companies gained significant enhancement on several aspects. Along with operational and IT improvements, companies generate 20 to 30 percent uplift in customer satisfaction, a 10 to 20 percent improvement in employee satisfaction, and economic gains ranging from 20 to 50 percent of the cost base addressed in the various journeys.

To overcome these challenges, companies have to understand consumers’ behavior and expectations. Hence, companies should put a bigger concern towards consumers’ buying-cycle from awareness to its advocacy. By implementing the concept of Neuromarketing, stereotypes of the communication matters of the marketing basis will be integrated with taste of individual market itself. The more personalized the promotion, the higher the probability that the advertisement will work. It could be done by using big data to allow the company for this huge aggregation of all consumers personal information that they’ve ever revealed to build a precise representation of who they are, now, more than ever before. Data and insight are not delivered to consumers as a whole but individually by delivering the most value to the customers with a very specific scope based on how they think.

In order to win in today’s marketplace, companies must be customer-centered, to the point that ideally, each individual customer’s values are taken into an account to derive the value that they are truly seeking. In essence, by generating consumer reactions, and treating them not as reactionary receptacles of marketing strategies, but as each their own person with differing individual values. Therefore, reinforcing belief is a very important matter for marketers that influences consumers experience. They must deliver superior value to their target customers traditionally and digitally with knowledge of neuroscience marketing strategies combined. Neuromarketing will surely strengthen customer’s contentment of a product itself.