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Economy and Finance

ECONOMY & FINANCE : A QUICK FRAMEWORK FOR BUILDING A BRAND

BY ROBIN GHOSH,

ECONOMIST AND BUSINESS MENTOR

KOLKATA | 24 MAY 2025

Have you heard the word ‘Story Arc’? Briefly, it is a composite guideline as to how a story should be communicated. It
contains:

1 . Call to adventure

2 .Refusal of the call

3  .Meeting the Mentor

4 .Crossing the threshold

5 .Test

6 .Allies and enemies

7 .The approach

8 .The ordeal

9 .The reward

10 .The Roadback

11 .The Resurrection

12 .The Return

13 .The Freedom to live.

Well, every winning story has a pattern. And that is more or less structurally what we have described just now.

Building a brand is structurally similar to storytelling. A hero’s journey. And, to execute a  brand promotion strategy –  you ought to follow a proven framework of steps.

The proven framework consist of:

1 The Customer has a problem

2 Identify the problem

3 They are looking for a mentor who will resolve their problem.

4 The Mentor could be a product or a service

5 The Mentor gives them a plan

6 Mentor calls customers to act that helps them to solve the problem and avoid failure.

7 Success is achieved.

Interestingly, the said framework prioritizes the customer and not the product. And it focuses on solutions.

If you want to reimagine your brand marketing strategies, this 7 step framework could be your simple  guide.

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