Branding in India is way more interesting than in any other nation.
In India, a product that has been in use for decades, the face value that sports stars and actors add to it, the value for money concept, the ingredients that go into the product, and the difference it makes in the life of the end-user, altogether is an inevitable part of branding.
What is successful branding?
Well, it is when not the name of the product but the brand name becomes the product’s identity.
Xerox- the brand has led people to forget the product’s actual name. So, now pause and think, what do you say when you need a photocopy? You don’t say I need a photocopy, you say, I need a Xerox instead. It is an example of branding done par excellence.
But in a world where new startups are striving to make a name for themselves every day by creating a successful online presence, Branding has numerous functions to perform.
A logo or a trademark that carries your brand name not only has the power to stay on the minds of the customers but goes synonymous with the quality, quantity, and price of the product is one of the oldest yet most attractive ways of getting your brand to the customer.
Here are some ways to help your organization’s brand better:
1. Know your rivals
Knowing where you stand against your competitors comes in very handy in business. What does your and your rival’s product have in common, what do you bring that is difficult to copy or replace, or simply how to identify your unique selling point? All these time-demanding branding questions can become easy when you know your rivals.
2. Know your target audience
Solving an existing problem of your customer with a product or its features is an essential part of making a profit in business.
We need to know about our target audience to get a better idea about their needs.
And we get to think of different ways to meet their need effectively.
3. Precise mission statement
What you do and how you do it must be clear and best communicated, as this helps build the authenticity of both your business and your brand.
4. Build a unique brand strategy.
Be clear of what you do differently than your rivals and build your competitive advantage around that uniqueness.
Being original is one quality that makes you stand out when building your brand.
5. Ensure mindful branding.
Your brand is communicated as a logo or image/ slogan of which background, typography, and visuals have different functions to make the brand unforgettable in the minds of the target customers.
6. Make an online presence.
Today, both branding and promotions go hand in hand when marketing through different social media channels.
The content repurposed to fit across the various social media channels, blogs, business websites, and word of mouth spread by influencers altogether help build the brand.
Pointers to keep in mind while building your brand.
1. Grab the attention of your target audience almost immediately through your branding techniques.
2. Focus on being clever, clear, and creative while communicating your brand message to your customers.
3. Speak aloud so that the brand, slogan, product, and business reach a maximum number of people.
4. Make use of colors that make it easy for people to associate with your product in their minds.
It is vital how your customers remember your brand.
Brands and their products say it may be burgers, chips, face wash, or any durables the packaging is a silent yet salient salesperson.
5. Think of ways to communicate the product in the most memorable, informative, and appealing way by using various visual aids.
6. To reach different target audiences, one needs to use one or more of these branding and promotion strategies separately or collectively to get people talking about your brand.
A well-known brand is when almost everyone is aware of it.
A brand gets to this place only when it satisfies 4ps most appropriately.
When a business serves consistently with all 4Ps in the forefront undoubtedly is a business that makes long-term profits.
The vision and mission statements, action plans, profits, and social responsibility are part of the business strategy.
Branding, sales, and promotions are part of an effective marketing strategy.
Brands reach a place where nothing but the brand name alone speaks for the product.
For a brand to be known for decades, it is not only the brand name but the product, quality, quantity, and price that the business offers consistently without any compromise that makes it a powerful brand.
Establishing a brand for one’s business is one of the main functions of business even today.
But the process of content creation for branding may vary with the product we sell, the demographics, the attention span of the audience, the time they spend on reading, and the CTA they respond to have a role to play in online branding that forms a basis for the online business model.
Discounts, bonuses, special offers, and free home delivery are the most famous power words to brand online businesses.
Timely e-mailers, contest alerts, and giveaways are simple yet effective ways that can be formative stepping stones for the effective branding of your business across the globe.
The brand value that comes with a logo, slogan, or trademark not only ensures a profitable business, it also speaks of the brand for a longer time for the impression that it leaves on the minds of the customer