When you’re starting out in the business world, it can be hard to see the importance of branding to your company. After all, if you’re just getting started, how are you supposed to build a brand? You don’t have any loyal customers yet and you can barely afford any advertising to help get new ones! It doesn’t make sense!
Branding is important
Your brand is your business’s image, personality, and reputation. Developing a strong brand can help increase profits and make your company memorable, but it can also create challenges—like staying true to your original branding while expanding your market. There are many reasons why you should use digital marketing to grow a business; here are just some of them: Businesses that invest in marketing see an average return on investment (ROI) of 38%, according to our 2017 State of Small Business Marketing Report. Customers need to be able to recognize a business’s logo in order for brands to register in their minds. It takes just four exposures for a customer to remember a brand. This is where consistent branding comes into play.
What branding does for your business
When you think about it, your business’s brand and reputation are what separates you from your competitors. That’s because a successful brand helps customers decide which businesses to buy from, but even more importantly, it helps them decide which businesses not to buy from. Your brand matters in ways that may surprise you; while a good marketing campaign can bring in new clients quickly and effectively, a bad one can do just as much damage. A strong branding strategy will make or break your business.
How to choose a name for your business
Online and mobile businesses often need to think about branding more than traditional brick-and-mortar companies. If you’re starting a digital business, be sure to give careful thought to your brand name—the cornerstone of your online presence. Some branding strategies might not work for you, but with a little creativity and innovation, you can come up with something that serves your business well in today’s highly competitive marketplace.
A brand can make or break you
You’ve probably heard that old maxim before. Brands can make or break your business, but they don’t just affect consumer perception—they also help shape how your business is perceived by others, especially other businesses. More importantly, a strong brand builds trust and establishes a certain level of expectations for consumers—it gives them something to hold on to.
Creating logos and visuals
Perhaps one of the most important things to have when starting a business is to make sure your branding is on point. Whether you’re promoting your business online or offline, it’s important to make sure that potential customers can easily recognize what you are selling just by looking at your logo. Having a professional-looking logo doesn’t just help brand recognition but also builds trust with customers, which can be imperative when dealing with clients and other businesses.
Marketing Materials For Your Business
If you want to effectively market your business online, having a professional-looking site is a must. When it comes to digital marketing, brand identity plays an important role in making sure your customers know who you are and what you stand for. Ensuring that your brand identity is cohesive across all platforms helps foster customer loyalty and trust. With digital marketing services from our team at DOT IT SERVICES, we can help make sure your branding is clear and consistent throughout every touchpoint.
Great marketing doesn't have to be expensive
It’s important to remember that a strong brand doesn’t have to be expensive. Your brand should come from a place that feels authentic and true. In other words, you don’t need to hire expensive marketing firms or pay thousands of dollars on fancy brochures to have a successful business. A really great website can go a long way, especially when it serves as an extension of your brand and is filled with valuable information that helps potential customers understand what you do better than anyone else in your industry.
Take the time to create your plan
Just as you wouldn’t build a house without a blueprint, it’s important to put some time into crafting your own plan. By being intentional about what you’re going to do, how and when you’re going to do it, and what your end game is for your business (are you launching a Facebook page? Selling local products? Opening an office?), you give yourself a path forward and make it easier to see progress.
Examples of businesses with powerful brands
Nike, Pepsi, Starbucks, Apple, and American Express. These brands are memorable, recognizable instantly, and have become synonyms for their respective products or services. This is branding! And branding is important for any business; in fact, even personal brands can be powerful. For example, Michael Jordan’s personal brand made him one of the most famous and influential athletes ever to play basketball.