Your branding strategy has been copied by a competitor. How will you reclaim your unique identity?
Discovering that your competitor has mirrored your branding strategy can be disconcerting, but it's an opportunity to reinforce your brand's unique identity. Brand strategy involves crafting a long-term plan for the development of a successful brand in order to achieve specific goals. It's about understanding what your brand stands for and how it is perceived in the market. When a competitor copies your strategy, it's essential to revisit and reinforce your brand's core values and unique selling propositions (USPs) that set you apart. Here's how to handle the situation with poise and come out even stronger.