Written by: Gina Redzanic, Executive Contributor
Executive Contributors at Brainz Magazine are handpicked and invited to contribute because of their knowledge and valuable insight within their area of expertise.
If you are a small business owner, social influencer, or work with branding then I am sure you have heard of brand partnership opportunities. Let’s discuss how a brand partnership can enhance your existing business.
1. It is a simple way to deliver added value to your existing audience.
By partnering with relevant brands, you can add value to your customer base by introducing them to new brands or products that you firmly believe in and use. In turn, this will enrich your own business brand because you will be adding new avenues of interest making your customers more likely to make a purchase. This will be a benefit to you as well when your customers share your content or introduce their audience to your recommendations.
2. Partnerships help build brand identity.
Partnerships can help position your brand by association. For example, if you own a small business and you partner with larger, well-recognized brands, this can build your recognition and versatility for you. Be sure to only partner with brands that resonate with your existing beliefs, style, and standards.
3. Brand partnerships increase your bottom line.
The benefit of partnering with a brand that compliments yours is that you are allowing your business to build income in another way. For example, if you own a Personal Training Studio and only sell training packages, that is the limit to your income. But if you partner with a fitness clothing brand and a nutrition brand, now you have two other streams of income that compliment what you are already doing.
You have heard it before, diversified income is not just smart business, it is becoming increasingly necessary. If you are in business and have not looked into brand partnership opportunities, make that a goal for the new year!
Gina Redzanic, Executive Contributor Brainz Magazine
Gina Redzanic is a self-made network marketing millionaire, Success Coach, and John Maxwell Certified Speaker and Trainer specializing in Leadership Development. As a busy mom of 2 daughters, Gina balances motherhood and her career through many of the habits and practices she teaches her clients and team. Gina has been featured on Yahoo! Finance, named Top 10 Leadership Coaches in Influencive, and is a contributing author in the best-selling network marketing book series, Momentum Makers. Gina is God-driven and Goal-driven and uses personal development techniques to help others break down their business blocks, take control of their future, and reach success without the presence of "burnout."
