thegotoguy.co-Why Branding is the Foundation of Any Business

1. Why Branding is the Foundation of Any Business thegotoguy.co/blog/2022/03/09/why-branding-is-the-foundation-of-any-business The Go-To Guy! March 9, 2022 In the past, brick-and-mortar businesses aimed for revenue growth, focusing less on active branding activities. The premise of their operations was built on garnering customer loyalty with the help of stellar products and services. However, with the shift in marketing practices today, branding has turned into a strategic aspect of business, requiring the help of marketing professionals to build powerful content and imagery that can build viewer interest. Businesses are no longer just about the end purchases in 2022 but involve the entire experience of an organization’s lifecycle. Let’s take a look into how branding can help businesses grow exponentially. Your Business’s Identity Counts on Great Branding If you’re aware of how much of an effort it takes to create a brand story, you know why big brands undergo major overhauls from time to time. Staying relevant in the industry means having an identity that can connect with the dominant target audience. As brand that’s starting its business, creating your brand profile acts not only as a passive salesperson but also as a spokesperson. Your branding campaign is not an accessory to your business but an instrument that can be used to create lasting impressions. To impress the modern customer, you need to captivate their attention at the first glimpse. A brand profile that has all the right components can grab eyes all across the industry, be it potential investors, partners, or customers. 1/3

2. Branding Strategies Establish Market Leadership Every organization dream of becoming the market leader or a household name. For instance, postal services and deliveries are referred to as FedEx-ing even if users may subscribe to different carriers across the globe. This is due to the branding campaigns of FedEx being visible across every billboard and service truck, slowly adding up to complement their impeccable service, leading to market leadership. The prospect of industry-wide success leads to a domino effect in many ways, starting with buyer interest, and then contributors. Talented candidates will aspire to work with your “brand” because it gives them a professional boost. The same works for customers who can claim to be loyal to your brand name. Stirs Emotions to Make a Connection Let’s name a few brands to start with: MasterCard, Coca-Cola, and L’Oreal Paris. What do all three brands have in common except for being wildly influential? The connection they have with the global audience, whether these are their targeted ideal customers or not, is undeniable. With powerful branding campaigns, Coca-Cola started launching cans with names of people on them, which evoked an instant feeling of inclusivity. MasterCard is known to be reliable, but what makes people choose this company? You may be familiar with the campaigns that showed customers being worry-free due to their services being backed by the tagline, “For everything else, there’s MasterCard”. And L’Oreal is a mass favorite because they smartly attached a customer’s self-esteem to purchasing their products. Businesses are fleeting, but how they make a customer feel is eternal. And that is the power of brilliant branding. Thought-Provoking Campaigns Require Strong Brand Profiles An inherent quality of human beings is empathy but there’s also a whole plethora of feelings and visceral emotions that bring us close or form strong bonds. Branding experts understand customer psychology and weave powerful and thought-provoking branding campaigns that can create an emotional connection with the target audience – a secret to consumer loyalty. One of the most successful campaigns in India is of the State Bank of India, which brands itself “the banker to every Indian.” The Internet is a Friendlier Place with Good Branding Practices Research shows that having a distinct brand identity can help you get more visibility. The internet can be a brutal place for organizations starting off on their branding journey, especially if they don’t embark on specific practices that can gain them more traffic. 2/3

3. One of the hallmarks of becoming a well-renowned brand online is to become internet friendly in order to experience a friendlier internet. This interesting symbiosis can be formed by combining branding best practices with Google’s User Experience. Wrapping up: Not only does branding help a business in gaining the trust of the customers, but it also brings in opportunities reserved for top-tier organizations. It also is deeper than quick success because building a lasting legacy is one of the core principles of branding. We hope that these insights help put business branding into perspective as a tool to paint the perfect imagery and experience to customers. About The Go-To Guy! The Go-To Guy! is a creative branding and marketing agency that builds memorable brand identities, activates online presence, and brings brand engagement to help companies grow online, offline, and across multiple platforms 3/3