Why it’s Important to Have a Strong Brand Identity
A well-designed brand identity rolls your company forward, increasing momentum in recognition.
There aren’t any missing parts in a sturdily-built brand identity. Like a unified puzzle, all of the pieces fit firmly into place. Fonts, color schemes, your tagline, and logo are vital components of your brand identity. Common mediums for displaying your brand identity are business cards, stationery, website, and marketing materials. Solid, well-organized branding lays a foundation for long-term business success.
Consistency Strengthens Industry Position
Strong brand identities visually communicate reliability and trust. By contrast, weak, inconsistent branding leads to confusion and distrust. Be on the winning side. Make sure your branding is consistent and extends to all your marketing materials. It helps your customers and prospects identify your company regardless of its campaign. Soon, they’ll associate your brand identity with stability and dependability.
Makes Business More Profitable
Science Direct published a research paper about the impact of “brand identity.” The paper stated that having a brand identity could lead to “great financial rewards.” This is especially true when the perceived brand image and a company’s goals for its brand identity match or closely align. When this happens, the company’s brand identity policies become more streamlined. The result is positive monetary outcomes in less time. The bottom line: Brand identities designed using guidelines and then tested, measured, and improved, lead to economic gains.
Conveys Company Personality
Brand personality is a perception within the mind of the consumer. Because of this, you’ll want to convey your company’s personality in a certain way. Accomplish this by defining the heart or mission of your business. It may show ruggedness, sincerity, sophistication, or excitement, for example. Know how you want your customers to feel about your brand. Get assistance by turning to an experienced professional. Be ready to describe your company’s core values and desired perception.
Increases Brand Equity
Brand equity is the extra value a company receives from being a recognizable brand. High brand equity is always a positive thing. For instance, if a consumer recognizes your brand by its logo and then shortly afterward buys a product or service from your company, you’ve increased your brand equity.
Your brand equity continues to grow if a consumer refers someone to your company and that referral makes a purchase. We know that when consumers select one brand over another, it’s because of the superior quality of the products, services, and the customer experience. However, it’s the identifiable branding of elements such as your logo and other things that make your company easy to recall in a consumer’s mind. When they’re ready to buy, they think of your company first. Great branding keeps your company in the forefront of their minds and this boost your brand equity.
When companies ignore the process of branding, they lose out on sales. The emotional connection between their audience and their company gets lost. In the minds of many consumers, generic brands are inferior and referred to as low quality. That perception is so strong that some consumers won’t even consider generic brands when making a purchasing decision. If your company lacks a brand identity that’s uniform across all your marketing materials, it may be unrecognizable and perceived as “generic” to your prospects. It’s too risky to leave it to chance.
MAXBURST can help your company develop a strong brand identity, one that’s memorable and unique. Just like DNA, no brand is like yours. We’re here to help you convey that fact to your target audience. Call us toll us toll-free at 888-MAXWEB (888-962-9932) today or fill out our streamlined Request a Quote now.