Office Location

Vernon C. Muse Jr., President
785 N President St., Suite A Jackson, MS 39202
Phone: (601) 857-2189

Search

-
Go

Business Branding: Top 10 Things You Need to Create a Brand

Last updated: 10-05-2019

Read original article here

Business Branding: Top 10 Things You Need to Create a Brand

Smart business branding is critical today to stand out from the competition. You have to be distinct, or you’ll get lost in a sea of companies out there.

What’s more, your brand needs to target the right customers and hone in on an audience that will benefit most from your products or services.

Finally, your message needs to be communicated clearly to those specific people. They’re the ones who will take action when they believe YOU can provide the best solution.

Success with branding in marketing and sales comes down to excelling in all three of those areas:

How well are you doing any of them? Is it time for a brand audit?

Before you assess, let’s quickly review the definition of business branding.

In a nutshell, business branding is about creating a comprehensive message for your company and product or service, using names, logos, slogans, copy and other collateral. A brand strategy will map out how you are different, trustworthy, memorable and likable by your ideal customer. The brand identity should be applied across all channels consistently. This includes your website design, content, advertising, print or packaging, and more.

In fact: consistent brand presentation across all platforms can increase revenue by up to 23 percent.

If you are looking for how to create a brand identity that people love, follow this guide for the do’s and don’ts of small business branding strategies.

When coming up with branding strategies for your branding business plan, keep it simple. Business branding isn’t rocket science, but it does require creativity and strategic thinking.

Sometimes, you will just hit that magic spot with your customers.

Other times, you will have to work at it to find the right brand voice.

No matter what, the fact that you are considering a brand building process right now is a positive thing! I firmly believe the future of any business is BRAND. It is the biggest asset your company will own—and the most valuable.

Here are some of the best business branding ideas to get you started:

Take the time to review what your competitors are doing. Notice what they are doing right, and what they might be doing wrong.

Look at a competitor closely in these areas:

You might consider doing a SWOT analysis for your business branding, supported by competitor research.

Perhaps a competitor is using imagery in a certain way that can inspire what you do with your own brand. Does it scream “quality”? Did it gain a lot of likes, comments, shares? Is it super unique from what else is out there?

If they have an online shop, what is the ecommerce user experience like?

Make notes about why you think something is working well for your competitor. Then, strategize on how your brand can do it BETTER.

Alternatively, you may find that a competitor message is not very clear or straightforward. Leverage that gap when creating your own brand story. This makes it easier for customers to choose you over them when making a decision.

Getting inspiration is one thing, but outright plagiarism is another story. You cannot steal or use another business brand identity. This may seem like common sense, but it isn’t always. You’d be surprised at how many people think they can just go ahead and use a logo because, well, they aren’t in the same industry or a competitor.

Another poor tactic is to try to confuse people by making your small business branding very, very similar. Don’t do it.

You would be obviously ripping off Starbucks if called your coffee shop “Bucksstar Coffee” with green and white in your branding. This really happened, folks.

One of the more difficult things with business branding development is to commit to a target audience. It’s important to visualize what an ideal customer within your audience looks like.

We call this a buyer persona. It’s a fictional customer but based on real data about your existing consumers coupled with market research.

Now, if you’re a new company with little to no sales data, it helps to look at competitors and make educated assumptions.

If you are an existing business, it’s important to gather an understanding of who you are already helping with your product or service. Whose pain point does your business exactly solve for already?

Your buyer persona will have a name. They’ll have a personality, lifestyle, motivations, and frustrations (this is where your brand can guide them!). Creating a complete picture ensures that you can develop business branding ideas to meet their exact needs.

Your brand can’t be everything to everyone. Without specificity, you become nothing to no one.

Here are a few ways to help hone in on your ideal customer:

No matter what size business you have, it deserves a professional identity design. A freelance graphic designer or a branding agency for small business can create a brand logo.

The largest creative agencies working with the top brands will charge hundreds of thousands of dollars (sometimes millions!), for comprehensive brand development.

For a smaller business or startup, don’t fret—there are options for branding companies for small business. Expect to pay a thousand dollars or more for a great logo, style guide, and collateral to go with it.

Sometimes, you can find cheaper graphic designers online, but keep your expectations in check. You will get what you pay for. It’s worth investing in a professional logo at the beginning (or for a redesign).

When in doubt, remember what Paul Rand said:

“Design is the silent ambassador of your brand.”

As you look to hire someone for your logo design, ensure they provide these things at the very least:

Some agencies also provide added materials with a logo design, such as business cards, social media profile graphics and other collateral.

Find out what else can be included in a complete brand identity package.

Typically, half of small business owners have some kind of vision for their logo. The other half are open to creative ideas—and know what they like when they see it. In either case, the logo design does not have to be complicated, literal, or super fancy.

When reviewing concepts from a designer, ask yourself if the logo truly is:

A slogan or tagline is a short phrase that exemplifies the essence of your brand, its personality, and positioning. It does not have to apply directly to your products.

For example, one of the most famous business branding slogans is Nike’s “Just Do It.” Those three words have nothing directly to do with shoes, but the Nike slogan is memorable and conveys the essence of the brand. It motivates!

Chances are, you’ve seen many of the above brand logos. But do any of the slogans on the right ring a bell? Try to match the brand on the left with the phrase on the right. Kudos if you get them all! Answers are at the end of this blog post.

When creating a brand slogan, keep these points in mind.

General Electric has cycled through no less than 10 taglines since 1912, as the brand has evolved. For those who remember the 1980’s, the brand slogan was:

In 2003, the slogan was changed to:

This new and improved slogan hits home as a tribute to GE founder and inventor, Thomas Edison. And, it also supports all the contributions current GE employees continue to make towards industrial progress.

As you can see, a successful brand slogan can be very short, like the three-word Nike slogan. Imagine if Nike had tried to over-explain with that slogan.

Just Do It 

Just Do It in Our Top-Quality Athletic Shoes 

An inspiring phrase for the customer suddenly turns into something that is all about the business. You get the picture.

When you are creating a new brand from scratch, you should do market research to see what is happening in your industry. And, what is appealing to your target market.

And actually, this is important to do even when you are an established business so that you can stay current with your branding.

There is an amazing amount of information out there on the internet. Aside from purchasing costly research reports (which is a viable option if you have the budget), it is as simple as going to Google.

In the search bar, type in something like: “market research nutritional supplements”. Or, “customer data health and wellness industry.”

Replace the above example with your specific product, service or industry.

Another quick example could be, “market research pet owners” (45,500,000 results!).

Cull through all the relevant results and start reading. You may have to do some digging, but that is where you can find the gems of information.

You’ll be able to gather data about trends that will help you fine-tune your offering, your target audience, or your messaging.

The caveat to the above is that you shouldn’t get so caught up in trends that you forget your core business and your why. For example, if you are a business selling something that appeals to people who are traditional and nostalgic, then you want to look more towards traditional than trendy.

Bland doesn’t work too well with brand, unless you are marketing flavorless food.

(Pretty sure that product is a dud.)

Your brand should have a personality or attitude, even a subtle one. Think about some adjectives that might describe your company, and use that as a basis.

Determine on which side of the personality spectrum your brand falls:

For example, a consulting firm may focus on high-end, white-glove services. That should be a part of the brand personality…perhaps by being sophisticated or exclusive in nature.

You wouldn’t want to go so far with personality that your brand becomes a joke. The stereotypical used car salesman comes to mind!

Your brand personality should be authentic and speak to the target customer. Figure out what attributes your brand has, and how that aligns with the attributes of your buyer persona. This will help your brand engage in a true conversation with prospective leads and existing customers.

A unique culture can become part of your overall business branding and brand personality. What we mean by “culture” consists of how you do business.

How do you treat your employees and customers?

Does your company value teamwork and collaboration?

Is being family-friendly, including generous maternity leave, a part of your corporate culture?

These can all become a part of your business branding.

Bringing your employees on board with your brand’s business culture and values can be the difference in having long-lasting success.

Once you have developed a business culture, you need to live it. If you don’t, then you can hurt your brand.

A strong business brand starts from within the company. Ensure that your employees understand and align with the same values the business is built on. Start this with your hiring process, by vetting the right people to bring on board.

Empower, train, recognize and reward your team in support of advocating your brand.

Coming up with a unique business name is getting harder every day, as there are more entrepreneurs and small businesses. You’ll want to protect your brand from copycats. A trademark protects a symbol, name, word, logo, or design used to represent the manufacturer of goods.

Once you have your brand name, logo, and slogan, you should get it officially trademarked. This involves filing a trademark application, which can be easily done through LegalZoom for $300-500 each.

The official trademark designation will legally protect you if someone tries to steal or copy your original brand assets. Even better, a trademark will never expire.

Before you apply, find out if something is trademarked by searching the trademark database. In the U.S., this is done via the USPTO trademark search.

It’s important to know that a trademark is different from a patent, and it’s best to consult legal counsel if you have a need for more protection of your products or intellectual property.

Regardless of whether you trademark something or not, it can be overkill to put a TM after every mention of your brand name or products. Just don’t overdo it with trademarking all the things.

In addition to your visual style guide is the voice that you use for your communications as a brand.

Is your voice casual or professional?

Are the blog articles on your website in first person, second person, or third person?

For a financial business brand, such as an accounting firm, you might want to err on being more formal in your communication. Unless you’ve gone the other direction and branded yourself as “The Wacky Accountant.” Heck, it might work as a differentiator.

With the brand voice that you determine fits your brand personality best, you’ll be able to develop a compelling brand story and associated messaging. These are the fundamental pieces of communication you’ll use across all channels, such as your website and social media.

So, let’s say you do run an accounting firm, and you want to set it apart by re-branding it as a fun, “wacky” accounting firm. This is all fine and good, but you may need to give this new voice a try before switching gears suddenly.

Do some testing with your current customer base, to see if the voice resonates with them.

Once you have your brand name, logo, slogan and story, make you sure to promote it. The prettiest logo won’t help a darn bit if nobody sees it!

Build a clean, user-friendly website that clearly explains what your business does for the consumer. Remember to include a call-to-action that points people in the right direction (Buy Now, Schedule a Call, Sign Up). Tell them exactly what to do.

Develop a marketing plan and implement it. Foundation elements of a digital brand strategy should include:

Finally, don’t be shy about your business branding, especially if you are a solo entrepreneur. Let people know about your brand and promote it proudly!

Are you curious about which companies around the world have the most valuable brands? Here’s a quick list of those with top 10 brand value, according to Forbes. Use them for inspiration, or competition!

Business branding from the beginning is one of the best fundamental things to do for long-lasting growth. It’s also something that established companies can turn their attention to for increased brand awareness.

And who doesn’t want more sales?

It’s never too late to start branding your business. Use these tips to differentiate, target, and communicate. More importantly, to stay ahead of the competition!

Share your comments or questions below!

Brand Slogan Quiz Answers: Mercedes-Benz – The Best or Nothing Subway – Eat Fresh Walmart – Save Money. Live Better. Staples – That Was Easy Allstate – You’re in Good Hands LOreal – Because You’re Worth It

Need branding help? FreshSparks is a branding agency specializing in brand strategy and identity, website design, and digital marketing. We can help you with branding your business successfully. Contact us to learn more.

If you liked this post, please share!


Read the rest of this article here

© 2019 , The Advertising Specialty Institute®. All Rights Reserved. Privacy Policy     Terms of Service    
Loading ...
Product Search: Product Keyword, Category, ASI #, Description, Product #, Supplier Name, Line Name