Why You Need to Bother With Branding
The idea of branding can conjure up a number of negative thoughts for a business owner:
- Branding takes research.
- Branding requires creativity and the brainstorming of new ideas.
- Branding uses valuable time that could be spent manufacturing product, serving customers, and running the business.
- Branding could mean hiring outside marketing consultants, graphic designers, and copywriters.
- Worst of all, branding takes money鈥攎oney to hire these people, to create new logos and designs, to produce new advertising and to buy new packaging, letterhead, and business cards.
All of these bullet points are valid. So why even bother?
You bother, because while the endeavor of creating a good brand takes time, money, and resources, the result is a solid foundation on which to build and market your business. Your brand is your 鈥渇ace鈥濃攖he visual communication of the message you want your business to send to your potential customers and clients.
And the truth is, every business has a brand, whether they work on one or not. The bigger question is鈥 Does your business鈥 brand correctly communicate your message, as you want it to be heard?
What is 鈥渂randing鈥? And what does it mean to a business?
Branding is the聽identity聽of your business. It communicates who and what your business is. It鈥檚 the way your business will be perceived by your customers. Branding is not only about how your business looks, it鈥檚 about how your business聽feels.
You might have thought of branding as simply a company鈥檚 logo. And while it鈥檚 true that a logo can be part of the process of branding, it is not the whole picture.
Instead, branding is achieved by every means that is used to communicate, and frankly, everything communicates. A logo is a visual way of communicating your branding. So are the colors you select for your advertisements and other marketing materials. The copy in your advertisement is a written means of branding. Any social media postings combine both visual and written communication.
According to the聽American Marketing Association (AMA), a brand is a 鈥渘ame, term, sign, symbol or design, or a combination of them, intended to identify the goods and services of one seller or group of sellers and to differentiate them from those of other sellers.鈥
And yet, there鈥檚 so much more to consider when developing a brand. The suit your salesperson chose to wear when he met that customer last week communicates a message about your business. The building that houses your company says something about its identity to those who drive past it (let alone enter). The way in which your customer service representative interacts on the phone and how he or she treats a client will influence how that individual feels about your business.
Every and any decision you make in your business ultimately communicates a message to your clients鈥攁nd your clients, consciously or not, see it, hear it, feel it and form an opinion about your business based on that message. It will affect those customers in one of two important ways: Either they will be drawn in or they will be driven away.
Selling an identity鈥攄eliberately
As business coach Tony Robbins puts it: 鈥淧eople don鈥檛 buy products; they buy identity.鈥
To demonstrate how skillfully a business can create a unique identity through branding, look at a company with a successful brand and an extremely loyal following: Starbucks. Ask a Starbucks customer what he or she feels when thinking about the company, and you鈥檒l hear words such as 鈥渨arm,鈥 鈥渃omforting,鈥 鈥渁ccommodating鈥 and 鈥渃onsistent.鈥
That鈥檚 exactly what the marketing executives at Starbucks want their customers to think and feel. And that鈥檚 because branding is not an accident. Branding is聽deliberate.
Perhaps it would be better to say, 鈥淕ood branding is deliberate,鈥 because the question is not whether your business is branded. Like it or not, as already mentioned, every company on the face of the earth is branded, because every business has its own identity. But is this identity by default? Or was it created purposefully, with great thought and meaningful intent?
Such intent means research. There are the 鈥渂ig picture鈥 questions to be answered:
- Who is your customer?
- Who will see and hear your message?
- How will this message be delivered?
Equally, there are the specific details that must be addressed. Consider the all-important mark of your brand, your logo. What will your logo look like:
- In color?
- In black and white?
- On the outside of an envelope?
- Shrunk down on a business card?
- Enlarged on a billboard over the expressway?
- On the side of your building?
- On the home page of your website?
The real branding question
So, in regards to branding, the question is never 鈥淲hy bother?鈥 Instead, ask yourself: 鈥淲hat do I need to do to ensure that my company鈥檚 branding reflects the identity that I聽want聽my company to have?鈥
That identity would include the attributes that will persuade others to act accordingly and buy your products and services, so that your branding brings your business the success you desire.
Does branding take work, time, and money? Assuredly. But that affects and permeates everything you do and create, while it drives and maintains customers for your services and products.
Remember that what you are doing with your branding is an investment for the long run of your business. In an interview with Oprah Winfrey, it was Starbucks鈥 CEO Howard Shultz who said, 鈥淪hort-term success is not going to build long-term value for anyone.鈥
Making the effort to 鈥渂other to brand鈥 by integrating your branding efforts into everything you do for your business can create consistency and build that long-term value that will pay off in perpetual success.