Why branding important to your business?

Why branding is so important to your business

What is branding and why branding important to your business?

Branding is not just your logo, it represents your business.
This includes your logo, website, social media profiles, and packaging. Also, the way you mail and how your staff uniform, etc. Your brand is the brainchild of your business, which means your complete offer.

Simply put, how your customers see you.

It is important that you know about your branding and how you want to interact with the right clients. A good brand does not happen, it is well planned, and you will feel the same way when you look at a brand like Nike and Coca-Cola.

Check out the reasons why you should take your branding seriously!

 

Brand Recognition

Users go with what they know and use trusted companies that they recognize.
If your branding is consistent across all media, it will make it easier for you to identify and build trust that will help customers buy your products or services.

If people are familiar with and remember you as a quality provider, you will be more likely to choose your product or service over and over again as you will encourage repetitive business.

When you need to make a note, do you use sticky paper or post-it?

When you order a fun drink, do you ask for a cola?

How about when you search online? Do you use a ‘search engine’ or ‘Google It’?

These brands have become so recognizable they’ve replaced the generic terms for similar products in our language.

brand-recognition
Image source: Google

 

Gives you a unique identity

What sets you apart if you look like everyone else?

Locally you might be okay but looking at a larger scale what makes you stand out from the hundreds/ thousands of others doing the same thing you are? You are not always competing locally with today’s ever-growing technological world, you are competing with global organizations.

brand-identity
Image source: Google

 

Generates referrals

A strong brand can generate referrals or viral traffic because people like to tell others about the brands they like.

People eat, hear and wear brands, and constantly tell others about what they like. In fact, 84% of consumers say they take action ‘always or sometimes’ based on personal recommendations. Word of mouth marketing is one of the most powerful, effective, and cost-effective ways to generate leads.

It stems from a brand’s strong reputation, and of course, it is inherent in creating referrals.

brand-referral
Image source: Google

 

Customers know what to expect

A strong, consistent brand will allow customers to know exactly what to expect whenever your business encounters.

A professional look will create credibility and credibility, which people are more likely to buy from a business that seems legitimate.

However strong branding is a promise of quality and you need to make sure you can deliver it.
Your brand represents your promise to the customer- like an unspoken contract so to speak.

 

Provides your business with value

A strong and successful brand will add value to your business, beyond physical assets.

Consider companies like Apple, Facebook, and Coca-Cola; they are valued more than their premises, equipment, and/or products.

It is their brand that adds value to the company, far exceeding their physical value. In 2014, the Coca-Cola brand name alone was $ 67 million; The Company will have a market share of more than 54%.

Having a strong brand (as mentioned above) makes it clear that you can create the following and stay firmly in the eye of the beholder, but that doesn’t mean it’s only for top companies. A strong brand adds value across the board.

brand-value
Image source: Google

 

Creates trust

Customer trust is one of the most important factors in your success as a business, and effective branding is great for creating it.

A professional look creates credibility. People are more likely to buy from a business that seems polished and legitimate. If your brand is consistent and easy to identify, it will make it easier for people to experience buying from you.

If people are familiar and you are recognized as a quality brand, people are more likely to choose your product or service again.

 

Why Branding – Conclusion

In today’s world, branding is more important than ever.
But a good brand does not emerge overnight – brand awareness is the result of careful planning, development, and growth, which is why many startups and small businesses ignore its impact without realizing it.
Good branding not only enhances the value of a company but also gives direction and motivation to employees and makes it easier to gain new customers.

Get in touch

So, if you are ready to start with a brand design and create a unique identity for your business, get in touch. we would like to discuss your needs and help make your brand vision a reality.

contact us!

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2 thoughts on “Why branding important to your business?”

  • basith
    January 18, 2021

    This is a good article for branding. Branding is the most important way to increase business popularity. The goodwill of the business depends on the brand popularity.

    Reply
  • ReNoy_debroy
    January 20, 2021

    Thanks you betaedito, This give a good overview of the benefits of branding and why every company should built their brand. And this is the best branding blog answering why branding is so important.

    Reply

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