Understanding what branding truly means can affect your business’s success a lot more than you may think. It can have a dramatic affect on how customers see and feel about your business.
In the crowded market of today, effective branding can help you thrive and stand out. But what exactly is branding? Why does it matter for businesses big and small? And how does it differ from marketing or advertising? Let’s break it down and understand, what is branding?
Understanding the Basics of Branding
Defining Branding
Branding is a unique and recognizable identity for your product or company. It is not just your logo but rather your entire business image, think of it as the personality of your business. Unlike marketing, which often focuses on promoting products, branding shapes how people feel and think about your product and business. It’s about forming an emotional connection with the customer and turning one time purchases into loyal happy customers.
Why Branding Matters
Branding can have a large impact on a customer's thought process in deciding which product to buy. As an example, if your product and business is considered to be trustworthy, reliable and premium it will make your customers feel valued, proud and important when they buy your product. Thus turning a one time purchase into a recurrent customer. Why? Because of how it made the customer feel to interact with you, your business and product.
Consider an excellent example of good branding, Dyson. Their vacuum cleaners are bought by millions around the world, but it would seem against all odds that they do. The market average for a ‘decent’ vacuum cleaner is around £100-£300 and yet Dyson's prices start at £300. So what’s the deal? Good...branding...
When you buy a Dyson you not only buy the product - you buy an experience and a lifestyle. They have branded themselves as not just a vacuum cleaner company, but as a premium brand that will vastly improve your life making you feel more elegant, luxurious and efficient. What components make up their good branding and instills this confidence in their customers? Let’s break it down.
Key Components of Branding
Visual Identity
Your visual identity is what people see first, it taps into the subconscious of the brain. It includes your logo, colors, fonts, and overall style. Looking to Dyson, they use the colour purple as their main brand colour. Since ancient times the colour purple has been associated with status, royalty and excellence. This colour has now become synonymous with Dyson because they have kept it consistent across everything they have produced and because of this, if i showed you one of their vacuum cleaners you would instantly recognise it.
To find out more about visual identity, what it looks like and what it can do for your business, we have the article: What Is Visual Identity? It's Not Just What They See, It's What They Feel
Brand Voice and Messaging
Your brand voice is the personality expressed through your words. It determines if your message feels friendly, serious, fun, or professional. Looking to Dyson’s wordmark, notice how the logo seems to flow elegantly from one letter to another, it almost looks like it has been written with a vacuum cleaner. This is not an accident. The wordmark communicates the flow and elegance of using one of their products speaking to the customer and influencing your decision subconsciously.
Brand Positioning and Value Proposition
Positioning refers to how you want people to see your brand compared to your competitors. Your value proposition explains what makes you different and why customers should choose you.
Dyson not only sells vacuum cleaners but air purifiers too. With the messaging they have used, in conjunction with the other branding techniques, they make you feel like if you buy their fans/purifiers that you will have premium air, unparalleled by even the crispest mountain breeze. With more and more people living in cities now, with poorer and poorer air quality, this seems like a very viable option to remediate this problem. If you were to buy a purifier from a competitor of Dyson, Shark as an example, it wouldn’t feel the same. You may feel like you are breathing budget air - and nobody wants budget air.
Customer Experience and Brand Touchpoints
Every interaction a customer has with your brand shapes their overall view, these are called touchpoints. Your website, packaging, customer service, and social media are all examples of this. Creating a smooth, positive experience at each point builds loyalty. For example, quick responses to questions or easy-to-navigate websites show you care about customers.
Developing and Managing Your Brand
Building Your Brand Strategy
Start by knowing who your target audience is, then define your goals and how you want your brand to be seen. You get to choose how customers feel about your products and brand. Conduct market research and see what competitors are doing. Set realistic goals like increasing brand awareness or improving customer loyalty. A clear and well constructed plan that you refer back to regularly guides your branding efforts and leads to markable results.
Implementing Your Brand
Once you have a plan, it’s time to launch. Use your visual identity and messaging consistently across all channels just as we looked at with Dyson. Also, encourage your employees to live the brand’s values. Internal branding is just as important and helps you all to make decisions more in line with your brand values by default.
Monitoring and Evolving Your Brand
Keep track of how your brand is doing through reviews and performance metrics. Actively manage your reputation and address any issues quickly. Listen to customer feedback and make changes inline with your brand values when pain points are inevitably identified.
Ready to Build a Brand That Stands Out?
At Cloud Creators, we specialize in helping businesses like yours develop strong and memorable brands like we’ve looked at, that connect with customers and have real results. Whether you're starting from scratch or looking to refine your current brand, we can guide and help you through every step to get you taking advantage of great branding.
Let’s build a brand that people remember, trust, and come back to. Get in touch with us today and discover what effective branding can do for your business.
The sky’s the limit.