Another important step is finding your business’ value. During this step, try to identify exactly what your business offers that makes it different from your competitors. Define your service, its quality, price, and organizational values. Create a list of services, or experiences that your business offers and choose the best ones.
Product Category: Define the type of services you are competing in. If your brand spans multiple categories, then define the problem you are solving for people.
Quality: Define the level of quality people expect from your brand or service.
Price: Define the part of the market your company occupies. Choose between lowest cost, budget, mid-range, premium, or high-end.
Values: Define organizational values that are important for your customers. Consider corporate values such as environmentalism, product durability, excellence in customers, or evangelizing a lifestyle.