Branding - we all know the word and hear it used all the
time. But what does branding actually mean? We know that it’s important for
Maccas and Coca-Cola to have a good brand image and invest time and money in
building their brand – “but why is branding important for me, just a small
business owner” (you might ask)?
Branding, or more
precisely, good branding is vital for any business, big or small. It’s how you
define your business and connect with your customers. It’s how your customers
remember you and it’s why they keep coming back.
Businessdictionary.com defines branding as “the
process involved in creating a unique name and image … [that] aims to establish
a significant and differentiated presence in the market that attracts and
retains loyal customers”. A bit of a long winded explanation, but put
simply they’re saying that branding lets you stand out from your competition, allows
you to expand your customer reach and make your customers loyal.
Great, so now you know what branding actually means - but
how do you make sure that your business has great branding? In all honesty,
it’s not rocket science and as long as you follow a few essential steps and
stick to it, your business branding is sure to be a success.
The first step to good branding is actually knowing your
business. Sounds too simple, right? Well, it can be as long as you, the
business owner, can in all honesty identify what your business actually is and
what it isn’t. From here, you can establish your starting position and take
your business in the direction that it needs to go. Get comfortable at being
able to critically analyse your business.
As a business owner you’re selling a product or service,
whatever it may be, to customers – who may not think or look at things the same
way you do. You need to remember that you are promoting your business to them,
so it’s not all about you. Put yourself in your customers’ shoes and critically
view your business from their perspective. If you find that difficult, you can
always just ask them!
Make sure that your business branding is consistent. Your
website, logo, posters and any other marketing materials need to reflect the
same brand message that your business is trying to convey. Your customers need
to be able to trust your brand, so this means they need to see it everywhere. If
your branding is all over the place, and if for instance, you have multiple websites, it will confuse and annoy your
customers & dilute your branding – then there’ll be no trust. And needless
to say, no customers.
While, we’re talking consistency – make sure your business
is consistent at connecting with your customers. This will not only further
your brand message, but will also build your customer loyalty. There are
multiple ways you can do this, and email as well as SMS marketing are
two that you should definitely stay on top
of.
Having consistent branding means that your customers will
come to rely on your brand. If something goes wrong, and a customer has
a negative experience at your business – don’t waste time! Apologise and
provide a satisfactory resolution and preserve your brand message in your
customer’s mind. Customer
loyalty is king.
Lastly, monitor your brand and always stay on top of your
brand message. Listen to what the customers
are saying – their opinions are your gold mine. Treat social media and review
sites as your friends, not foes.
Know your business inside and out, define your message, remain
consistent, always be proactive and listen – and your brand will begin to
resonate in your customers’ minds!