Nowadays, having a strong brand is key to the success of any company. Creating a brand from scratch and doing so correctly is not an easy task, especially when you must position the brand from both the business and consumer's perspectives.
Thankfully, Brand Marketing is here to help guide companies in creating and managing their brands. Let's dive in!
Brand Marketing (also called branding or brand positioning) consists of promoting both the knowledge and reputation of your company. Although there are many people who think that branding consists simply of coming up with a logo and a name, it actually goes much further; the brand has to be able to generate feelings.
When you are going to start with your branding strategy, our advice is to divide the process into 5 steps:
This first step is the generation of a corporate identity manual, often called a brand book. This book will guide the design elements, values of the company, target audience, etc. In short, this manual will be the visual, verbal and cultural representation of all the attributes that make up your brand.
The name is one of the most important parts of the brand, since it will be the way in which your leads and future buyers get to know your company. The name must be appropriate and be in tune with the values of your company. Currently, considering the importance of SEO, you should look for a name that is easy to position online.
For the creation of the logo, you must choose: colors, background, typography, logo positioning on your website and print materials, etc. It is important that you ask yourself these questions before starting anything in order to avoid going back and making significant changes.
Although it may seem less important, the colors you choose for your branding are essential. In fact, color psychology and color meanings should be taken into consideration for your business. You must decide on the main colors that you'll use; Our advice is to choose one primary color that is directly related to your brand and then some secondary colors to use in company creatives.
It's tough deciding between fonts...there are so many! But it's important to make a good selection because this will communicate your global vision and feeling of the brands to customers.
We can use mbudo as a clear example of all of the above. Our logo is a funnel and this makes sense since it is related to the Inbound Marketing funnel, which is our area of expertise. The lettering we use is always the same, with variations in white and black for different materials and backgrounds. Finally, the main color we selected is orange and if you take a look at any of our channels, you will see that, although we use other secondary colors, orange is always dominant.
Now that we know about brand development and the first five steps, don't forget to take a couple of additional factors into consideration:
Branding offers several different strategies that you should consider. Depending on the competitiveness of your sector and the creative resources at your disposal, follow these strategies to make your brand a success:
Don't forget that you must be continuously measuring the results achieved through your actions, so that you can continue along the same path if you see positive results or switch gears if they turn out negative.
As your company grows, you are likely to start developing new products or services. Depending on their characteristics, there are different alternatives to strengthen your Brand Marketing. This is where brand architecture comes in; it refers to the set of strategies that companies use to organize and build the portfolio of their brands.
If you manage to generate a successful brand architecture, your customers will be able to form both opinions and preferences about your company's products and services. The three most common models for brand architecture are:
Mixed architecture: This usually takes place as a result of mergers, sales, or acquisitions that a company undergoes. In this case, although there is a main brand, the rest are never related to it and it is can be a chaotic style of architecture.
When you start building your brand or rebranding, Inbound Marketing should be a core component of your strategy. By uniting these two branches of Marketing, you will be able to generate valuable content that will awaken the interest of your prospects and customers, leading them little by little through the Marketing funnel until the final sale. The first thing you must do to unite these methodologies is to define your branding strategy. Once you have it, you can apply branding to each of the stages of the Inbound Marketing funnel:
As you can see, Brand Marketing together with Inbound Marketing can help you achieve excellent results. At mbudo we can help you combine branding and inbound, so please don't hesitate to contact us anytime!