{"id":8055,"date":"2020-08-19T00:09:25","date_gmt":"2020-08-18T18:39:25","guid":{"rendered":"https:\/\/rocketium.com\/academy\/?p=8055"},"modified":"2021-10-17T23:26:49","modified_gmt":"2021-10-17T17:56:49","slug":"your-brand-may-not-be-unique-and-recognizable","status":"publish","type":"post","link":"https:\/\/rocketium.com\/academy\/your-brand-may-not-be-unique-and-recognizable\/","title":{"rendered":"Your brand may not be as unique and recognizable as you imagine-Here&#39;s why."},"content":{"rendered":"\n<p>Take a look around you! Do you have any of these: an IKEA furniture, a Parker pen, a FitBit, an iPhone, a Crocin or a BandAid?<\/p>\n\n\n\n<p>It\u2019s surprising that none of these are names of the products but are names of brands instead. BandAid is the best example of a company with a strong brand. The name of their brand replaces the product in itself. However, it\u2019s time that you learn to build a strong brand if you want to prosper and thrive in the marketplace.&nbsp;<\/p>\n\n\n\n<p>Your brand has to<a href=\"https:\/\/hbr.org\/2016\/05\/build-your-brand-as-a-relationship\"> establish a relationship<\/a> with your customers giving them a reason to choose you over the 100 other brands that offer the same product. In today\u2019s world, brands are everything. As a result, every company is striving to set their foot in the marketplace and build a remarkable brand.&nbsp;<\/p>\n\n\n\n<p>You may think that your product is unique and brilliant. However, sooner than later, your product would be commoditized by your competitor brands for a lower price. Hence, if you want to stay in the field, you\u2019ve got to build a strong brand identity. Let\u2019s walk you through how you could build a strong brand for your product or service.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>What is a brand?<\/strong><\/h2>\n\n\n\n<p>Before diving into the process of building a strong brand, let\u2019s get an understanding of what a brand is. A brand is an experience that your customers have and the way they perceive your company and product. However, many believe that a brand is a visual identity or an asset.<\/p>\n\n\n\n<p>Several organizations get caught up in details. They primarily focus on<a href=\"https:\/\/99designs.com\/blog\/logo-branding\/famous-logos\/\"> logos<\/a>, the color palette, etc. But, your logo is only a part of your brand. More often than not, your brand is more emotion-intensive than anything else.<\/p>\n\n\n\n<p>What is the first thought that crosses your mind when you think of Nike or Apple?&nbsp;<\/p>\n\n\n\n<p>Nike ads are heavily goal-driven. It wakes you up to channel the inner strength. On the other hand, Apple portrays itself as a minimalistic and premium brand that evokes a sense of ownership that one could only dream of. <\/p>\n\n\n\n<p>Do you recognize a pattern? They work magic with emotion and reinstate a sense of pride owning what users perceive as priced possession.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-embed-youtube aligncenter wp-block-embed is-type-video is-provider-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe title=\"Coca Cola\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/C_7tMOusVYo?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><figcaption> Elements that contribute to building a brand <\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Why isn&#8217;t your brand unique?<\/h2>\n\n\n\n<p>There is no dearth of companies and expert marketers with fancy degrees defining the USP. However, the age-old question of what sets the brand truly apart lingers to date. <\/p>\n\n\n\n<p>It isn&#8217;t just the creative logo, uber-cool fonts that make up for a differentiating brand; it&#8217;s more about finding the right balance between customer needs and product offering to convey it consistently with recognizable brand elements.<\/p>\n\n\n\n<p>Remember Dollar Shave Club? There isn&#8217;t a better example of a brand that ventured into a business category already controlled by brands with deep pockets. They would get nowhere close to getting sold to a conglomerate for a billion-dollar if they didn&#8217;t get their basics right. Starting from quality product, affordable price, consistent messaging, with differentiating branded humor, and above all staying authentic. This formed the crux to their strategy towards building a multi-million dollar business in no time. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Why does building a brand that is unique and recognizable matters?<\/strong><\/h2>\n\n\n\n<p>Branding is important, yes! But, why does it matter so much? Here are 3 important reasons why.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>1. Simplifies consumer choices<\/strong><\/h3>\n\n\n\n<p>What makes a choice simple?-<strong><em>Put customers first<\/em><\/strong>. <\/p>\n\n\n\n<p>The brand is built on the foundation of trust. If companies deliver on promises every single time then it automatically triggers higher regard for the brand experience among consumers. <\/p>\n\n\n\n<p>In addition to having a strong brand, <a href=\"https:\/\/rocketium.com\/academy\/brand-personality-key-insights-from-the-worlds-best-brands\/\">brand personality<\/a> also matters just as much. Research shows that<a href=\"https:\/\/www.conecomm.com\/research-blog\/2017-csr-study\"> 87% of the consumers <\/a>purchase if their views and interests aligned with the brand.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>2. Gives you an edge<\/strong> over competitors<\/h3>\n\n\n\n<p>Let\u2019s consider a scenario where you walk into a grocery store. Wouldn\u2019t it be relatively easier to spot a coca-cola bottle compared to any other cola brand from afar? That\u2019s the power of a brand. This brand recognition is not only attributed to the logo and the color scheme but mostly consistency; In messaging, emotions, and brand elements. With a strong brand, your product will stand irrespective of the circumstances.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>3. Yes!!! It means everything to be the pride of your customers<\/strong><\/h3>\n\n\n\n<p>There is a difference between owning a Macbook and any other laptop. Owning a Macbook makes a statement about the consumer. They use brands as a medium to express who they are. Therefore, building yourself a strong brand can be the ultimate gateway to leverage your business.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>4. Skyrocket brand equity<\/strong> <\/h3>\n\n\n\n<p>Products with strong branding have observed<a rel=\"nofollow\" href=\"https:\/\/trackmaven.com\/marketing-dictionary\/brand-equity-2\/\"> large cash flows<\/a>. Once your customers are loyal to your brand, they will pay a premium regardless of the availability of products priced far lesser. Earning loyal consumers is easier said than done. It requires a brand strategy with a core focus on consumer needs. For example, people pay a premium for Starbucks coffee due to the strong brand that they\u2019ve created from customer experience to product quality.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">5. <strong>To adopt a thoughtful brand vision<\/strong><\/h3>\n\n\n\n<p>Successful companies always stay ahead in time. They stay resilient as they have a clear brand vision which indicates how they would like to position their brand a few years down the line. As Simon Sinek says, \u201cThe goal is to do business with people who believe what you believe\u201d.&nbsp;<\/p>\n\n\n\n<p>Think about where you would like your brand to be in the next 5 or 10 years. This mental forecast will help you in defining your brand vision. Having a clear brand vision not only helps your brand equity but also keeps your team encouraged and inspired.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>6. Create a legacy<\/strong><\/h3>\n\n\n\n<p>Every brand aspires to be unique and leave a legacy. To attract potential customers, you must showcase your<a href=\"https:\/\/neilpatel.com\/blog\/unique-selling-proposition\/\"> unique selling proposition<\/a> and a reason to think of only one brand when the respective need arises. 61% of consumers are likely to buy from a company that leaves a lasting impression.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>6. Motivates consumers <\/strong>to side with the brand for accelerated growth <\/h3>\n\n\n\n<p>From Facebook to Instagram, consumers are bombarded with several brands. Brands that stayed consistent are 3.5 times more likely to improve their visibility. As a result, they observed more loyalty from their customers.<\/p>\n\n\n\n<p>About<a href=\"https:\/\/econsultancy.com\/82-percent-searchers-choose-familiar-brand-search\/\"> 82% of the consumers<\/a> choose a product that they are familiar with. Hence, staying consistent provides enormous benefits to both your brand visibility and brand equity.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Conclusion<\/h2>\n\n\n\n<p>No matter how strong your brand is, consistency is crucial. So, ensure that your logos, brand palette, and values don\u2019t change across different media.<a href=\"https:\/\/rocketium.com\/academy\/brand-image-for-consistent-branding\/\"> Consistent branding<\/a> enables trust in consumers. So, make sure that you deliver the same core messages to your target customers.<\/p>\n\n\n\n<p>Your brand is ultimately defined by how your consumers perceive it. Building a successful brand begins with a thorough understanding of your customers and then your competitors. You get to have a competitive edge by establishing an emotional factor in your brand. Nonetheless, staying consistent is the final trick to establish a strong brand.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Take a look around you! Do you have any of these: an IKEA furniture, a Parker pen, a FitBit, an iPhone, a Crocin or a BandAid? It\u2019s surprising that none of these are names of the products but are names of brands instead. BandAid is the best example of a company with a strong brand. [&hellip;]<\/p>\n","protected":false},"author":86,"featured_media":8071,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[698],"tags":[],"class_list":["post-8055","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-branding"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.3.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Your brand may not be as unique and recognizable as you imagine-Here&#039;s why. | Academy<\/title>\n<meta name=\"description\" content=\"The brand is built on the foundation of trust. If companies deliver on promises every single time then it automatically triggers a sense of belonging.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/rocketium.com\/academy\/your-brand-may-not-be-unique-and-recognizable\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Cyndhia\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/rocketium.com\/academy\/your-brand-may-not-be-unique-and-recognizable\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/rocketium.com\/academy\/your-brand-may-not-be-unique-and-recognizable\/\"},\"author\":{\"name\":\"Cyndhia\",\"@id\":\"https:\/\/172.31.44.85\/academy\/#\/schema\/person\/1091a483dc6aabad43f8b5c46d88c733\"},\"headline\":\"Your brand may not be as unique and recognizable as you imagine-Here&#39;s why.\",\"datePublished\":\"2020-08-18T18:39:25+00:00\",\"dateModified\":\"2021-10-17T17:56:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/rocketium.com\/academy\/your-brand-may-not-be-unique-and-recognizable\/\"},\"wordCount\":1196,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/172.31.44.85\/academy\/#organization\"},\"image\":{\"@id\":\"https:\/\/rocketium.com\/academy\/your-brand-may-not-be-unique-and-recognizable\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/rocketium.com\/academy\/wp-content\/uploads\/2020\/08\/Untitled-design-9.jpg\",\"articleSection\":[\"Branding\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/rocketium.com\/academy\/your-brand-may-not-be-unique-and-recognizable\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/rocketium.com\/academy\/your-brand-may-not-be-unique-and-recognizable\/\",\"url\":\"https:\/\/rocketium.com\/academy\/your-brand-may-not-be-unique-and-recognizable\/\",\"name\":\"Your brand may not be as unique and recognizable as you imagine-Here&#39;s why. | Academy\",\"isPartOf\":{\"@id\":\"https:\/\/172.31.44.85\/academy\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/rocketium.com\/academy\/your-brand-may-not-be-unique-and-recognizable\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/rocketium.com\/academy\/your-brand-may-not-be-unique-and-recognizable\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/rocketium.com\/academy\/wp-content\/uploads\/2020\/08\/Untitled-design-9.jpg\",\"datePublished\":\"2020-08-18T18:39:25+00:00\",\"dateModified\":\"2021-10-17T17:56:49+00:00\",\"description\":\"The brand is built on the foundation of trust. 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