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Is Branding Relevant to Small
Business?
Most small business owners/operators would probably agree that
developing a stand-out brand identity is an essential part of
the marketing package for corporates and large companies.
Many would add that branding is not that important for small
businesses and see it as an additional expense on the P&L.
So they head off to the local printer or graphic designer who
designs a logo (sometimes even for free) that gets used on
stationary, vehicles and other marketing materials.
From our experience in this field, we find that most logos
designed for small businesses are simply graphic devices and
not actually brands in the true sense of the word, and portray
little about the value proposition of the company, its
personality and service promise.
In actual fact, development of a meaningful, representative and
outstanding brand identity is just as critical for small
businesses and if properly executed, can actually be a powerful
competitive advantage.
For corporates, an effective and powerful brand is a
'must-have', simply in order to be in the game.
It may not necessarily differentiate them but it does at least
give them parity with their competitors.
Unfortunately, some corporates still don't understand the value
of a great brand and have cruddy logos that are, in short,
embarrassing and doing nothing for their businesses.
But there is significant value to the small business that has
the vision and commitment to invest in having a professional
marketing agency develop a meaningful and appropriate brand
identity.
A brand identity is more than just a visual symbol or logo
design - it defines your company's unique service promise,
builds lasting brand recognition and invokes positive
recall.
A strong brand enhances your company's credibility by
integrating your brand strategy with consistent graphic
application across all market and customer contact points.
Think about this - if most small businesses have weak branding,
then by developing a compelling and effective branding package
you can position your company ahead of your competitors in the
mind of your target market.
A strong and effective brand can definitely be a competitive
advantage in the cut throat world of small business.
To develop a strong brand identity, your marketing agency needs
to work closely with you to understand the needs of your
customers and prospects.
They need to explore suitable graphic elements and branding
metaphors for the logo device, develop appropriate colour
palettes and provide guidance on how to effectively apply your
branding and logo design in specific applications.
Your goal should be to ensure complete brand integrity. If the
brand development process is executed correctly then your
company will stand out from the mass of small businesses that
simply couldn't be bothered, or more likely, don't know any
better.
Professionally designed brands, usually most visibly
represented by the logo device, tell the market a visual story
about your company.
It speaks of attention to detail, professionalism, pride and
investment in your company, presents your unique value
proposition and helps you to stand out above your mediocre
competitors.
by Wayne Attwell - Dec 12, 2008
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