Branding is the process of using an image or a word to identify your company and/or its products. It is what separates you from your competitors and helps customers remember a product. It is what alerts customers that you have the only product to suit their needs.
The primary goal of a brand is to increase sales by making your product the most visible and the most desirable to consumers. Branding is much more than a logo, it is a promise of your reputation and quality.
Why Is Branding Important?
In today’s world, there are thousands upon thousands of products and services available, so it is more important than ever to get your product or service recognized. Your brand is the perfect way to promote this recognition because your brand is what people associate with your product. It is the familiarity of a brand that helps people remember a product they were satisfied with, and if they are satisfied, they will come back.
Some important ways a brand impacts your business include:
- Providing a competitive advantage. When it is done correctly, your brand will mirror your strategic plans, help promote these strategies and encourage your business to move forward.
- Providing a stable asset. When companies/products fail or are bought and sold, the processes may change, but the brand will remain through all of the changes. It is the one thing that will always identify the product.
- Improving recognition. A professional logo, regardless of how simple in design it is, provides recognition for your product.
- Promoting trust. Consumers are more likely to buy a product from a business that appears legitimate. Branding helps to build credibility and trust.
- Helping generate new customers. When people tell their friends and family about a specific product or service, they often associate it with the branding. For example, someone may not be able to remember the name of a fast food restaurant, but they will remember the big M when referring others to the restaurant.
Where is Branding Used?
Branding is a vital part of your business, so it should be incorporated into the company name, logo and slogan, as well as other areas of your business, including:
A brand can be a sign, term, name, design, symbol or a combination of any of these, as long as it identifies your products and/or services. Each of these elements differentiates your products and services from other sellers. Your brand is what tells your target audience who you are, the unique value you provide and what you believe in.
AlphaGraphics understands the importance of branding and we are committed to improving your visibility.
Contact us at our new, convenient location on Michigan Avenue to find out how we can help you develop your business' brand.
Our team can help you design a logo, develop your brand identity, create a direct mail campaign, print banners and other signage, and more. Our Michigan Avenue location is open by appointment only and has quick turnaround times. Give us a call to get started on creating your brand identity today!