April 25, 2019 ABCOtoGO staff

Why Branding is important to your business

Branding and marketing can seem very overwhelming to those starting a business. There are many moving parts that make a business successful, and proper marketing is one of them. You might be asking yourself, “Where do I even begin?” Out of all the options, branding is a very good place to start.

What Is Branding?

Branding is a marketing practice that involves coming up with a business name and symbol or logo that is easily identifiable with the company. This distinguishes your product and business from others, and helps consumers identify what’s yours.

Why Is Branding Important?

Your brand is very important, because it sets the tone for your company and how consumers view you. It can make a serious impact on the customers you attract and their spending habits on your products.

Familiarity

If you were to go to the store to purchase something, you could probably easily spot an item based on the brands you’re familiar with. As a consumer, we are more comfortable with spending money on products from brands with good reputations and values rather than ones we don’t know. Familiarity among consumers is another reason to spend the time and money on a quality logo. Your logo is the visual representation of your company that consumers will recognize.

Increasing Value  

Having a reputable and popular brand will help increase the value of your company. For example, Christian Louboutin has completely profited off the iconic red sole on his shoes. Those who are familiar with shoes and fashion can spot the red sole and know that it’s quality. Having a similar branding effect can completely transform your company and make it worth more.

Creating a Brand

Creating a logo, mission, and overall brand image doesn’t have to be difficult. You obviously created your business for the sole purpose of selling or sharing something you feel is unique to the market. Coming up with the idea for your business is the first step to figuring out your brand. Next, come up with a logo or image you feel separates yourself from the competition and represents your business well. You will need to create a “voice” and theme that ties into both of those. This also means coming up with a signature tag line. Tag lines are yet another quality that will separate your business from others in the field.

The last tip is to be consistent and stay true to your brand. Customers won’t return to you if you don’t provide the promised service with the best quality. Produce products and services that you can proudly advertise, and that keep consumers coming back. If you are looking for extra help with branding and fine tuning your business, contact us to help with all your marketing needs.

 

KMG Marketing Team

CEO, KMG Marketing/ABCO Graphics & Printing at KMG Marketing
For well over 25 years Kelly has been helping organizations, both public and privately held, diversify their businesses, expand into double and triple digit growth and retain strong customer bases. She is a results-focused strategic executive with decades of experience leading and growing organizations in the medical device, health/wellness, pharmaceutical, nutraceutical and private equity sectors. She is enterprising, passionate and entrepreneurial, with an eye on helping you achieve all of your business growth goals. Kelly is tirelessly devoted to the growth and strength of each one of her client’s organizational initiatives.

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