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01.06.2014
How to Brand a Small Business : 5 Things you Should Know
It’s just as important to brand your small business as it is for the big ones. For some time now, larger corporate brands have been looking at smaller successful brands to study how they appeal to customers. Most small businesses don’t really understand why branding is imperative to their business and think it is something that only the big brands do. Many of them however, do recognize the link between employing a strong branding strategy and a successful business, and want to do that for their own small business. They also understand that branding is not just about having a great logo and how the outside world views their business. Branding is a way to define your business, to yourself, your internal teams as well as to your outside customers. It’s about identity, what your business stands for and what are your business’ key values. It’s not just about having a catchy name and cool logo. Consumers are becoming more and more savvy. They can see right through a business’ attempts to spin their way into making a sale.
Consumers become loyal to your brand, they advocate for you and in essence become your biggest promoters. When your competitors offer deep discounts on the same items you have, consumers still flock to you because loyalty trumps price. Your customers wouldn’t think of buying from anyone else. Developing a strong brand identify is not so tough, providing you follow some simple steps. Below we list 5 things you should know about branding your small business. 1. Brand DefinitionStart by reviewing the service(s) or product(s) that your business offers, highlighting the exact area in the market it stands. Do some research about the needs and emotions of your target audience. The character of your brand should not only be used to connect with your consumer base, but also should set you apart from your competitors in the market.
2. Think of your Brand as a Human BeingEach and every human being on the planet is a character who is comprised of their own collection of values, beliefs and stories. This is what defines them as people and guides them as far as who they connect with,. People are products of their environment and their upbringing. Their unique personalities dictate how they behave in various situations, everything from what they eat to how they dress to what they say. When building a brand you must understand who your customer is. 3. Stay On Your MessageKeep a consistent tone of voice when promoting your brand to your target audience. This will accentuate and reinforce what your business is all about and will make it clearer to your customers exactly what your business is offering, whether it be a product or service.
4. Build Relationships for the Long TermThis point can be defined by three words: Clarity, Trust and Value. There is no need to dress up what you are offering. Be real. Be clear about what you are offering. You only have have one shot to make a first impression. Establish trust with our audience. Show them others who have used your product. Display testimonials and prominent entities in your community on your website. Communicate the value that your product or service will add to the lives of your audience. How it will change their day, how it make their lives easier.
5. Be UniqueMany small businesses try to copy the look and feel of the big brands. This will not bring you their level of success. Be original and authentic. The larger brands are looking at the smaller ones for tips on how to connect better with consumers. So, why look at them. Become the branding model!! The future of branding your business is all about fluidity and engagement. Respect your targeted consumer’s intelligence by not giving it all away from the get go. Create some sort of intrigue and let them do some work in digging into your brand and see the reasons they should use your service or buy your product. People like sharing, so let them share what they learned and watch your brand grow. David FridmanChief Marketing Officer & Founder at BrandShield LTD. Co-founder of BrandShield Ltd - "The Future of Online Brand Protection is Here". Our robust, patent pending technology helps you fight infringements and makes brand protection affordable for organizations of all sizes. Latest posts by David Fridman (see all)
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