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Branding Essentials And A Brand Strategy

Branding Essentials And A Brand Strategy

WHAT MAKES A BRAND?
A brand is an idea. It’s the way your customers feel when they think about your company or see your name on a billboard. ‘Branding’ on the other hand, is a strategic pattern used to develop that all-important perception. A well-defined and carefully executed brand strategy bridges the gap between your business and the people you most want to reach.

Your brand isn’t your logo, your product, your website, or even your painstakingly chosen company name. It’s the combined aspects of your company’s identity that make it so recognizable.

While many of the elements of a brand strategy can seem intangible, the good news is that there is a way to simplify the process. All you need to do is get to know your brand essentials.

Today, we’ll be brushing up your skills in the art and science of brand strategy, with a complete introduction to your must-have branding essentials.

WHAT MAKES A BRAND BULLETPROOF?
Since a brand is, in basic terms, how your customers perceive you, it’s essential to make an excellent first impression.

A robust brand strategy is the easiest way to give your team the guidance they need to make a positive connection with your target audience. Here, we’re going to cover all the major brand essentials included in a standard brand strategy. However, before we get started, make sure that you have the following foundation elements in place:

Now that those starting points are out of the way to take a closer look at the most critical branding essentials for any brand strategy.

BRANDING ESSENTIALS
Brand Purpose/Promise: Every brand makes a promise, whether it means to or not. McDonald’s promises to deliver delicious fast food to customers in a hurry. Harley Davidson pledges the thrill and excitement of the open road. While knowing your brand promise is essential, in a world where customer loyalty is limited, you need more than just a promise – you also need a purpose.

Your brand promise will help you to figure out important things like your USP, and your brand position. However, you also need to know why your business exists in the first place. For instance, while every company wants to make money, the best brands go beyond that concept to accomplish something incredible.

By clarifying their purpose as “to create a better everyday life,” IKEA gives greater depth and meaning to their brand promise. They show their customers that they have value beyond merely offering another product.

Of course, a promise is only good if it’s kept. If you don’t deliver on your promise or show that your purpose truly matters to you, then your reputation will suffer. Make sure that everything you do links back to the claims you make as a company, and the image you’re trying to create.

Brand Positioning: There are plenty of brands companies around the world today, all striving to get ahead. Thanks to the digital world and the low entry barrier to entrepreneurship, today’s organizations are facing more competition than ever before. If you want to make people sit up and take notice, then you need something unique. You need brand positioning.

As one of the critical brand essentials for any business strategy, successful positioning is all about elevating your organization to a point where people can’t help but take notice. It’s about finding where you fit in the world, alongside other businesses inside your niche. To excel in brand positioning, you’ll need to:

Brand Image: Often, when people are asked to imagine or identify a brand, the first thing they think of is a brand image. After all, what’s more, iconic than the bright red of a Coca-Cola can, or the golden arches of the McDonalds logo?

Of course, your brand is more than just a pretty face. Branding goes beyond the visuals, to the emotional experience that you can deliver to your customers. It’s a story that you tell to connect with your audience. Of course, to tell that story well, you also need a few illustrations along the way.

Here are just some of the brand essentials that make up that all-important brand image.

In certain circumstances, a logo can even become a status symbol. Just think of how proud people feel when they drive a high-class car like a Porsche or wear a Rolex watch. The logo you choose not only identifies your company, but it also acts as a visual culmination of everything you stand for as a brand. For instance, the Nike ‘Swoosh’ is now so recognizable that we no longer need the brand name ‘Nike’ to identify it.

Remember, typography isn’t just important for your logo. Consider your options carefully when publishing content on your website, sending out newsletters, or handing out brand communications too.

Choosing a color palette isn’t easy. Think about the kind of impact you want to have on your customers and remember to take the trends of your marketplace into account.

Your visual assets need to have the same underlying atmosphere to them so that people can associate them with your brand. This means that stock photography might be a no-go area. There’s nothing unique about a stock image unless it’s manipulated to reflect your own distinct identity.

Brand Personality & Values: Now that we’ve covered the face of your brand identity, it’s time to dive a little deeper into your brand essentials.

Sometimes, the best way to start your brand strategy is to think of your company as a person. If you could describe your organization as a ‘someone’ instead of a something, which characteristics would you choose? Are you innovative? Fun? Sophisticated?

At the same time, what kind of values set your brand apart as something special? What are the components that drive its behavior, its image, and its online voice?

Your brand personality and core values give your organization a human component that other people can connect with. It’s how you make your campaigns more emotional and create affinity with your target audience.

SO, HOW DO YOU CREATE A PERSONALITY?
Finding Your Identity: First, start by examining your customer personas and figuring out what kind of personality your audience has. It’s much easier for human beings to connect with companies that we feel we share an affinity with. Your personality should blend naturally with the characteristics of your target audience.

Then, get together with your team and brainstorm the words that you feel best to describe your company. Try to stay away from cliché terms like ‘quality’, as those won’t help to differentiate you from your competitors. Instead, look for adjectives that get to the heart of your company. For instance, UPS is ‘dependable’, while Sony is ‘inventive’.

Try to narrow your personality down to no more than three words. This will help to give you focus as you move forward with your marketing and messaging campaigns.

Once you have your personality in mind, there are plenty of ways that you can use it to add depth to your brand strategy. Your character should show through in everything you do as a company. It should appear in your:

For instance, you wouldn’t expect a company like Nationwide to host an annual soapbox racing tournament, because their personality is built on trust and loyalty. On the other hand, high-octane adventures are right on track for a brand like Red Bull. Finding your personality will help you to stay consistent as you work through the rest of your branding essentials.

Brand Message And Voice: One of the critical branding essentials that your personality will help you with is choosing your messaging. Importantly, your brand messaging strategy comes down to more than just finding the right tone of voice. It also means figuring out how you’re going to make that voice heard.

As part of your brand strategy, brand messaging articulates your value as a company, what you can deliver to your customers, and why they should connect with you. Brand messaging tells a story that gets people engaged with your products and services and even convinces them to become a part of your tribe. Components of your brand messaging might include:

The most persuasive brand messaging is concise, compelling, and cohesive. Like the other elements on our list of brand essentials, your brand message is always ‘consistent’ too. No matter how many people are on your marketing team, or where your words end up, your customers should always feel like they’re talking to you.

Your core message helps to shape subsequent brand messages and marketing decisions. For instance, consider Innocent’s strapline: “Tasty little drinks.” It instantly conveys the personality of the company – fun and friendly, and what the business sells. Your core message doesn’t have to be complicated; it just has to give you a direction to work with.

Brand Equity: Finally, we come to the last component on our list of branding essentials. Brand equity is how you measure the value of your brand.

All companies want their brands to be the first to pop to mind for their customers, when they’re facing a specific problem, or looking for a specific resolution. Brand equity is essentially the value, recognition, and awareness – among other things – that keeps your business top of mind for your target audience. Some of the key brand essentials in equity include:

With fantastic brand awareness, you anchor yourself within the subconscious of your consumers and remind them why they should always choose you over your competitors.

You can also build associations by focusing on certain values, like environmental conservation, or sustainability.

Conclusion
Use your brand essentials correctly, and you’ll develop a strategy that helps you to sell more of your products or service, outshine your competition, and even earn the long-term loyalty of your target audience.

Your brand strategy is your guiding light in building a sustainable business. It helps you set expectations with your customers and meet them too.

Just remember that all of the brand essentials we’ve mentioned above have one very crucial thing in common – they thrive on consistency. Your brand should be a clear and compelling beacon to everyone who comes into contact with it. That means that you need to maintain the same strategy and create a cohesive experience all the way from your logo, to your brand messaging and more.

originally posted on fabrikbrands.com by Steve Harvey

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