Unveiling Top 5 Branding Strategies: KPI’s for branding success

Unveiling Top 5 Branding Strategies: KPI’s for branding success

Whenever we think of any popular brand like Apple, Nike, and Amazon etc., we always look at the front picture, we look at its logos, its name, its products but we never think of what specific things went behind the doors to make them reach the current level. Branding strategies play an important role in the success of brands.

Branding strategies dictate how customers feel about your business and, when done right, can elicit an emotional response at every touch point. Businesses with strong brands reap the benefits of brand loyalty and have an easier time appealing to new audiences because they already know what those companies stand for.

Branding strategies can help companies fix any facet they might be struggling with, whether they need to create a brand identity from scratch or simply find a better way to communicate their core messaging and company values through compelling graphic design.

What is Branding?

When we talk about branding, the first thing we think about is logo design, but branding is much more than just a logo aur graphics.

Definition of Branding

If the explanation of branding was simple, there would not be so much ambiguity and dissonance regarding the concept, and there wouldn’t be need of numerous branding strategies. Still, for the most part, a strong understanding of branding requires a decent grasp of business, marketing, and even (human) relational basics. Branding is such a vast concept that a correct definition that truly encompasses everything that it represents would not bring too much clarity to the subject just by itself. But, for the sake of lowering the propagation of obsolete, incorrect, and incomplete information about branding, we offer a more complete definition:

“Branding is the perpetual process of identifying, creating, and managing the cumulative assets and actions that shape the perception of a brand in stakeholders’ minds.”

Importance of Effective Branding

Branding is critical to a business because of the overall impact it makes on your company. Branding strategies can change how people perceive your brand, it can drive new business, and increase brand value – but it can also do the opposite if done wrongly or not at all.

“A good definition of brand strategy is the considered intent for the positive role a company wants to play in the lives of the people it serves and the communities around it.” — Neil Parker

Let’s set something straight: Reputation builds up whether the business does something about it or not. The result can be a good or bad reputation. Understanding and using branding only means that you take the reins and try to control what that reputation looks like. This is why it is recommended to consider branding from the very beginning of your business.

Top 5 Branding Strategies

Successful branding strategies require a deep understanding of your target market, careful consideration of your brand positioning, effective execution, as well as trending business ideas across all communication channels. A strong brand strategy needs to include certain universal elements. When defining these, tailor the messaging of each one to the needs and preferences of your target audience or end customer. Branding strategies include purpose, brand values, voice and tone, design and visual identity, and brand story.

   1. Brand Story:

In branding strategies brand story top the line. A brand story recounts the series of events that sparked your company’s inception and expresses how that narrative still drives your mission today. Just like your favorite books and movies characters, if you can craft a compelling brand story, your audience will remember who you are, develop empathy for you, and, ultimately, care about you.

If the values your brand story are not aligned to the values of your brand, no amount of marketing will move them your brand. Customers build an emotional connection with brands whose values align with their own. This alignment separates brands that lead and brands that follow.

There are certain steps to writing a compelling and powerful brand story:

  • Find your why: Finding your why is finding why your brand exists and what it exists for.
  • Know your product: Knowing what your product is, how it works, how it is related to your ‘why?’, how it relates to overall mission and values.
  • Know your audience: Finding your why is finding why your brand exists and what it exists for.
  • Tell your brand’s story, not its highlight reel: Finding your why is finding why your brand exists and what it exists for.

   2. Visual Identity:

This is one of most important branding strategies that when done right can elevate your brand in the best way. Visual identity is at the heart of most human interactions. It comes to mind when we think of certain people or places. Those features and characteristics make our friends, family, and favorite celebrities recognizable, relatable, and memorable to us. Your business’s visual identity functions the same way. Without strong visuals, people won’t value your brand or remember it when it matters. You need distinctive qualities that set you apart from the competition if you want your products or services to be your potential customers’ first choice.

Visual identity refers to the elements used to represent a company, organization, or product, such as its logo, color scheme, web design, illustration style, animation style, typography, icons, photography, and the overall aesthetic representation of the brand.

There are certain ways to creating a strong visual identity: Some of them are,

  • Understand how your Brand should influence your Visuals: For your visual identity to be effective, it must reflect what your brand does, who it is, what it cares about, and how you want to communicate this to your audience. This means you need to carefully think about and plan your brand purpose, personality, voice, tone, and messaging to ensure your visuals hit all the right notes.
  • Consider the basic fundamentals of Design: Although creating a visual identity is primarily a creative and artistic pursuit, there’s still some science to it. You must adhere to certain fundamental principles if you want to design beautiful visuals that appeal to viewers like repetition, contrast, hierarchy, and balance.
  • Define your Color Palette: Different colors symbolize different things and invoke varied emotional responses when people see them. Make sure you choose a color palette that embodies your company, your brand’s overall personality, and the message you want to send to your target audience.
  • Create a distinctive Logo that reflects your Brand: Your logo is the foundation of your brand’s visual identity. It’s one of the first things people will notice, so it needs to accurately communicate the personality and values that define your brand. Your logo can be a symbol, icon, or even your brand name in a stylized format. According to expert designers, at a basic level, your logo should be unique, scalable, simple, and able to work well in monochrome.
  • Choose your Fonts: The font you choose should align with the aesthetic and tone of your brand. For example, a formal or traditional brand might choose a classic serif font, while a modern or tech-savvy brand might choose a sleek sans-serif font.
  • Textures, Shapes, and Elements: Like colors, the textures, shapes, and visual elements you use in your design paint a specific picture in the minds of your audience, so you have to use them wisely. For instance, using animations rather than regular images can add a fun and creative feel to your identity. Round shapes can trigger feelings of unity, love, and community. On the other hand, shapes with sharp edges, like triangles, squares, and rectangles, can inspire a sense of trust and stability. But if you take them too far, they can make your brand seem aloof and impersonal.

   3. Consistent Messaging

Consistent messaging may not seem like one of the most important branding strategies, but with a closer look, it holds a lot of ground. A unified message across all sales and marketing channels reinforces your brand’s identity in the minds of your audience. A consistent message makes it easier for prospects to understand who you are as a company, what problems you solve, and what you offer. Consistency creates credibility and confidence, allowing prospects to feel secure in their purchasing decisions and develop into loyal customers.

Is your messaging consistent across all channels, all the time? With an exploding number of sales and marketing channels, most marketing directors would say “no” to this question. If you fall into this category, the good news is that there are simple strategies that can help build consistent messaging across all your channels.

  • Develop messaging guidelines: Create an online style guide that’s available to everyone who works with your brand. This includes the obvious elements of your mission statement and how to refer to products, services, and other terminology, as well as more specifics, such as unique grammar rules that you follow and when to use trademarks.
  • Don’t forget internal branding: The consistency of your brand doesn’t only include customer-facing messaging. Your brand voice should also resonate with those who create the brand experience. With a brand-centric culture initiative, employees can buy into the brand.
  • Provide employee access to logo and design Elements: There is nothing positive about a logo being stretched out of proportion, pixelated, or modified in a way that’s incongruent with your brand. To prevent these mishaps, create a shared folder with Google Drive or another file-sharing tool that enables employees to access approved visual content and details on how to use it.
  • Create a brand content calendar: With a calendar, you can map out the who, what, how, why, and when to create and curate content that delivers a consistent, drumbeat of brand messaging that also offers expertise and insight that is valuable to your audiences.
  • Stick to platforms and channels that fit with your brand identity: With evolving marketing trends and ongoing development of new marketing platforms, it’s easy to get distracted. However, not every new opportunity is right for your business. Before becoming an early adopter or following the crowd, take the time to evaluate the offering and determine if it makes sense for your brand.

As the opportunities to send your brand message far and wide increase, the chance of missteps grows. The temptation to do more and do it sooner can lead to confusion, distraction, and damaging communications that hurt your brand. However, with a methodical approach to messaging and a few strategies to build consistency, you can create a brand that is strong across every channel.

   4. Building Emotional Connections:

Branding strategies are all about connecting. It is the use of emotions that are provoked by a brand to create a relationship between the brand and its customers. Provoking that emotional reaction is done by appealing to the aspirations, needs, ego, and general emotions of customers. There are many things that most humans want. These include ego, gratification, love, emotional security, and power. All these needs are subconscious but are there and ready to be provoked by the marketing that triggers them. When emotional provocation is used, it has been found to be more than 50% more effective than advertisements that do not tap into the emotions. When emotional advertising isn’t done well, it leaves the audience confused instead of emotional. It’s important to be careful about which emotions you’re trying to tap into and how that is done.

  • Benefits of emotional branding: Three studies have shown that people may forget the specifics of a brand, such as the specific fonts or product pictures, but they remember the feelings evoked by the brand. Emotional branding taps into this, creating attachments between customers and brands. This makes it the perfect way to stay memorable in the minds of consumers and to create relationships with them that can continue long-term. It’s a way of speaking directly to the consumer and having them respond with an emotional connection. When customers are satisfied with a brand, that’s good. However, when they are emotionally connected to the brand, they become more valuable to that brand by 52%. It has been found that TV ads that create an emotional response are three times more likely to result in purchase intentions.
  • How to use emotional branding: Some of the best emotional branding ads transport the viewer to another place where the story is taking place. People remember ads that tell an in-depth story. They remember not only the ad but the emotions they felt while watching it. Those emotions are strongly tied to the brand itself. When a person sees storytelling that sparks emotion, they get a hit of dopamine to their brains. This process is also linked to the person’s memory. It helps people remember the story better. The telling of the story engages many parts of the brain, and this includes the amygdala, which is the brain’s memory center. This is why brands use storytelling — it gets an emotional reaction and is more likely to be remembered. And when the ad is remembered, the brand is remembered. It’s the essence of emotional branding.

   5. Adaptability and Innovation:

Brand innovation and adaptation are essential for staying relevant and competitive in today’s dynamic market. But how do you ensure that your brand evolves in a way that resonates with your customers, employees, and stakeholders? How do you communicate your brand’s value proposition, identity, and personality across different channels and platforms? How do you foster a culture of creativity, collaboration, and continuous improvement within your organization? In this article, we will explore some strategies and best practices for spreading brand innovation and adaptation.

  • Innovation – The catalyst for growth: Innovation is the lifeblood of any successful business. It’s the engine that drives growth, propels us forward, and sets us apart from the competition. But what does it mean to be innovative? Innovation is not just about creating new products or services. It’s about challenging the status quo, thinking differently, and finding new ways to solve problems. It’s about fostering a culture that encourages creativity, experimentation, and risk-taking. Innovation can manifest in various ways, from process improvements and operational efficiencies to breakthrough products and disruptive business models. Companies like Apple, Tesla, and Amazon are often hailed as innovation leaders, but countless other businesses across industries and scales are harnessing the power of innovation to redefine their markets and deliver exceptional value to their customers.
  • Adaptability: The Key to Survival: While innovation propels us forward, adaptability ensures we can navigate the twists and turns along the way. In a rapidly changing business environment, the ability to adapt to new trends, technologies, and market dynamics is crucial. Adaptability is about flexibility and resilience. It’s about being open to change, ready to pivot, and resilient in the face of challenges. It’s about learning from our experiences and using those insights to inform our future actions. Adaptability also involves staying attuned to our customers’ evolving needs and expectations. In an era of heightened customer empowerment, businesses that can adapt their offerings to meet changing customer preferences are more likely to thrive.

The Importance of Branding Strategies:

Managing a brand is hard work, and it’s more challenging when you’re in an oversaturated market where every brand looks the same. One of the crucial steps to growing in an oversaturated market is highlighting what makes your brand unique, which is what strategic branding is all about. With strategic branding, you future-proof your brand and develop it in a way that differentiates you from others. By communicating uniqueness to customers, you strengthen your selling power, brand value, and customer loyalty.

Want the right branding for your brand? Look no further Contact us and get your branding done right.

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