A Beginner's Guide to Brand Identity for Small Businesses
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Your brand is how people view you whenever they interact with your company. The marketing practice of giving a product a name, symbol, or design, that distinguishes it from other items is known as branding. Maintaining a good brand is very vital for a business because according to research, 75% of purchase decisions are based on emotion. As branding is primarily what influences a customer's perceptions and feelings towards a company overall, these statistics highlight the undeniable importance of branding a new business effectively. Having understood the importance of maintaining a good brand, it is vital to outline the steps required by small businesses to build a solid brand.
You must have a "Clear Vision for Your Brand": The only way to build a loyal customer base is to continually deliver value. As a result, you must make it clear to customers what you are delivering and why you are in business. If you're in business to help people or to make them feel good, chances are you care about your customers more than money. A vision statement is required to codify what that reason is. Your vision statement informs employees and consumers alike about who you are, what your mission is, and what your basic values are.
These are very important questions to answer. And utilizing these answers judiciously will make it easier to create a brand that will resonate with the customers.
It is very important for your brand to spell out what sets it apart from other companies. It can be your pricing, wider range of products, or effectiveness. This needs to be expressed in some form on every platform through which you are advertising your company.
Some common elements of branding are; logos (principal logo, secondary logos, and icons), color palettes and schemes, typography, other images to be used, and the voice and tone used in writings must all convey a message that clearly represents your company's essential beliefs. There must always be consistency in the messages your company passes out at all times. Develop a color palette from which you can pick colors for each of your brand elements. There should be a consistency in the fonts used, images and every other element must always represent the company's ideas at all times.
It is usually easier for larger corporations to build and maintain their brands, mostly due to the availability of funds, to employ media experts and run advertisement campaigns, but that is not to say all hope is lost for smaller businesses. The internet provides a lot of free and inexpensive options for business publicity. Social media platforms and instant messaging apps, like Facebook, Instagram, Twitter, WhatsApp, are some examples of platforms that small businesses can utilize to create awareness for their brands. There are inexpensive tools for graphic design that can be used by an inexperienced user, websites that give royalty-free images, and many more. Creating a website is also easy via different platforms like blogger, WordPress, etc. All this makes it easy to push out your brand to a larger audience. It should however be noted that there is a great need to consistently express your brand, post images, write-ups, etc. Consistently put your brand out to the world.
When you create a brand identity for yourself , it's important to have a “learner's mindset.” Stay open to the needed tools and ideas that are working to build memorable brands today. Learn about the habits of your consumers, follow your competitors, the changing market needs, the technological and social media habits of your customer base, etc. Try to understand your competitor's campaign strategy and always try to stand out with your campaign strategies.
Branding can impact your company's success greatly, whether in the short or long term. The good news is that branding your business doesn't have to be difficult.
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