The Importance of Branding: Is Your Brand Hot or Not?
The key essentials to creating and maintaining a brand that will drive business and stand the test of time.
Think of your brand as a person. Let’s call him Ted. Ted has a physical appearance that can easily be defined by height, facial features, complexion and so forth. Ted also has some behavioural characteristics that anyone who has met him could attest. Ted is clever, sarcastic, punctual and maybe a bit neurotic. Then there are the more profound attributes to Ted that really make him the stand-up guy we all know and love. Ted is honest, value-driven and dependable. People admire Ted- he is true to his word and gets things done. Because Ted is the stand-up guy that he is, he has tons of friends, is invited to all the best social functions, and everything he touches turns to gold.
Can you say the same about your brand? Are the visual elements (logo, colours, packaging, website, and promotional materials) consistent, distinct and clear? Does the visual expression of your brand represent the deeper values and culture of your business? Successful brands know who they are, what their customers want and can succinctly communicate this through their logo and marketing materials.
Of course before a brand can truly be born the core values, mission and vision of the company must be defined. These big picture fundamentals are the crux of any good business and without these your brand is likely to flail around aimlessly like a helium balloon deflating erratically until it completely runs out of air. Do you know what your business stands for? Why do you exist? Who are you serving and what problems are you solving in this world?
Knowing who your customers are and appealing to them is crucial to creating a memorable and worthy brand. We’re not saying change your brand just to please potential customers. Quite the opposite actually. Know who you are at the core, be confident and convicted, and then think about who needs you most. Clearly articulating the features and benefits of your product/service is important when reaching out to potential customers. Features describe your offering, benefits address the needs of your target market and are why people buy from you.
Forbes Magazine defined the Top 7 Characteristics of Successful Brands. How many of these characteristics do you have?
- Audience Knowledge- Who is your target market? What do they want?
- Uniqueness- What is your unique selling point?
- Passion- Are you deeply passionate about your brand and committed to success?
- Consistency- Are you presenting a consistent message to your target market?
- Competitiveness- Are you committed to constantly striving to improve and be the best you can?
- Exposure- Are you accessible across multiple channels?
- Leadership- Do you have someone carrying your strategic vision?
So do you have an idea yet if your brand is hot or not? Does your brand reside in the hearts and minds of your customers? Successful brands have the upper hand in any business environment. They are easily recognized by their customers. Consumers are far more likely to choose a brand they recognize over one they have never heard of before. Once this type of recognition and consumer loyalty occurs it becomes easier to launch new products or services. Repeat and loyal customers become frequent and brand equity increases.
At Cloud9 Marketing we help small and large businesses create powerful brands that reflect their core essence and values. Our team of creative professionals craft vivid imagery through web and graphic design and our branding strategists work with clients to clearly define their brand and communicate it in a way that captures the attention of those you are trying to reach. Creating a strong and lasting brand is a hard task without the right tools and know-how. Let Cloud9 Marketing help you with your business’s branding- enquire today about our current branding packages available!
