Most people unconsciously think of a company’s logo when it comes to branding. However, while your logo is an important factor to your business brand, branding covers more than the visual elements of your brand. Branding includes not only your company’s visual identity but also your brand personality, brand reputation, and customer experiences and expectations.
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Branding is the process of giving meaning to a specific organization, company, product or service by creating a notion in the mind of consumers. It is a strategy designed by companies and organizations to help their target audience easily identify their brand.
Your brand identity is what gives life to your business. Just like humans, businesses have:
- Unique Visual elements which include the business logo, colour scheme, infographics, social media covers, business cards, blog post images, website, and other images, that makes up the business visual appearance.
- A brand voice which comprises the language and tone used in all communications within and outside the business, could be friendly, casual or Authoritative.
- Cliques involve your target audience, as not everyone can be your customer.
- Status and classes are also involved in the business; this involves the revenue and brand awareness.
Why Branding Is Important In Small Business
The importance of branding in your marketing strategy can’t be overemphasized, your brand influences every aspect of your customer’s perceptions of your company.
Branding Creates Trust: Because branding has a way of working on the emotions of your customers when there is social proof that you offer quality products and services, prospects will feel more comfortable giving it their hard-earned money. The bottom line is, a strong brand builds trust from consumers and makes your small business feel legal.
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Branding Improves Recognition: Branding makes your business recognizable to the public and helps people become familiar with your business.
New Customers: Branding is one of the best ways to get recommendations or referrals. That is why it’s important that your logo, marketing, and reputation work cohesively to create an unforgettable impression on consumers minds. It may seem strange, but branding can actually help you get new customers! Take, for example, a friend who compliments your shoes and asks where you got them. If there is no brand, how will you tell your friend where and how to get it? Word of mouth recommendation is only possible if a strong brand is in place.
Originality: In today’s digital marketplace, your competition is no longer just the store across the street. Online, you’ve got hundreds, or even thousands of businesses just like yours striving for the spotlight. There are small businesses with like products at every corner, so your brand is what makes your business different from the rest. Stand out from the competition and expand your brand further than just a logo.
Emotional Connection: An emotional connection with your consumers should be your business’ top priority. Strong brand loyalty will guarantee that customers will always pick your product over another one. Branding helps to create an emotional connection in that a brand reflects your company’s deepest values and guidelines.
Small business branding is not a display of extravagance rather it is a necessity. Investing time to ensure the clarity and development of a professional business brand is essential. Branding is a significant drive to all communications, and it is what influences every phase of your business.
Featured Image Source: Kochie’s Business Builders
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