The following post comes to us from Gemma Reeves, a freelance writer and entrepreneur. Learn more about Gemma in her bio at the end of the article. Be sure to learn more about her business here.
Quick Guide to Creating the Right Brand for Your Business
Any entrepreneur will tell you that establishing and growing your own business is by no means an “easy” career path. Once you have taken the initial steps to build a business model, tasks seem to rain down endlessly in front of you and you may neglect a few important things that greatly matter for your business, like branding.
Whether yours is a small or large business, serving local or international markets, branding is equally important. Creative and effective branding can give your business that edge against your competitors, which is of huge value especially when you are just getting started. Many business owners understand that branding is an essential part of their businesses, but can’t really put into words why.
Before the boom of digital advertising, businesses didn’t have to put as much effort into refining and reinventing their brand as much as they do now. Years ago, branding was simpler. Brands used names, slogans, logo designs, and other symbols that were a fairly obvious reflection of the products and services of the company. Today, these elements are still the basics of branding; however, brands as a whole have become far more sophisticated and less literal. They’re discrete, playful, creative and innovative.
What’s required now for a brand to stand out is it must tell a story, make people feel something and be remembered even when competing against the onslaught of advertisements we’re exposed to every day. In many different ways, a business’s brand drives lasting public perception that can lift you up or cause you to come crashing down.
Spectacular Marketing founder Mark McColluch states that, “You have a brand whether you like it or not. It’s best to embrace that and find the best way to connect your brand with your target audience.” The way your company answers phone calls, addresses customer concerns on social media, and supports the community are all a reflection of your brand.
Having a strong and effective brand is no mistake and its never by chance. Businesses who do this well have a strategy and a team dedicated to implementing this strategy, continuously refining it. More than simply “looking pretty,” the most effective brands achieve the following objectives:
- Clearly and consistently communicate the problem your business aims to solve
- Reinforce the values and credibility of your business
- Elicit the desired emotions from your target audience
- Move your target audience to take action (i.e. purchase your products or services)
- Make loyal customers
- Remain top of mind
Sounds great right? But how do you actually go about accomplishing this? The detailed blueprint to answer that question is far more than what we can summarize in this blog post; however we can offer you some initial and ongoing steps you should take to get started in the right direction. Take a look!
Develop Your Brand Strategy
A consistent and lasting brand is the result of strategy. This may take several months, and ongoing tweaking to reach its stride, but with time and effort you can build a solid branding strategy for your business.
Your strategy should include clear objectives and specific tactics to reach these objectives. It should also include the adjectives and emotions you want to evoke with your brand. How do you want to make your customers feel? What do you want to be known for? These keywords and phrases should drive the focus of your strategy and ultimately the design of your brand.
Research Your Competition
Branding is not just about your company. It’s extremely smart to also study your competitors’ branding strategy. How is the target audience responding to their brand? How does their branding compare to yours? How can you differentiate to stand out? These questions and more should be answered in your research. Most importantly, remember to do everything with integrity and authenticity. Getting dirty with your competitors will foremost reflect poorly on your business.
Brand consistency is what results in your brand legacy. All too often businesses work to develop a consistent brand in one area of their outreach efforts, but fail to carry it over throughout every area. For example, the branding of your website should match your business cards, email signature, social media, email templates, marketing materials, etc.
Brands that remain consistent throughout time are more likely to gain a stable place in the market and more efficiently use their marketing resources. They don’t waste energy reinventing the wheel every time they roll out a new product or promotion, rather they know to always begin with their existing brand for design inspiration.
The Bottom Line
Anything worth doing is worth doing well. This absolutely applies to the branding of your business. Especially for new and growing businesses that face much competition, your brand can make you memorable, move people to take action and build a loyal customer base. Without a strong and consistent brand, your business will be washed away with each new wave of competition. The most effective way to prevent this from happening is to prioritize creating and implementing a branding strategy right from the start. In doing so, this early investment in your business will reap huge dividends months and years down the road!
Does your business prioritize its branding? Why or why not? Share your thoughts and expertise by commenting below!
Gemma Reeves is a seasoned writer who enjoys creating helpful articles and interesting stories. She has worked with several clients across different industries such as advertising, online marketing, technology, healthcare, family matters, and more. She is also an aspiring entrepreneur who is engaged in assisting other aspiring entrepreneurs in finding the best office space for their business. Check out her company here: FindMyWorkspace