Branding
Branding, a sub-component of the marketing process, is for all intensive
purposes, a discipline of its own. Developing a brand that will transcend time,
changes in company leadership, mergers and acquisitions and economic turmoil is a difficult and rather
complex problem. Creating, growing and sustaining a brand image requires a tremendous
amount of time, resources and capital. The reason why is relatively simple, to
create or strengthen customer loyalty. When a customer goes
somewhere else to buy a product or service, it is a lost opportunity for the incumbent company. Too many of these lost opportunities can spell certain doom for a company.
A brand is much more than a logo and a color swatch.
A brand is the very essence and personality of your company. A brand is
an ambassador for your company that is designed to convey a specific, pre-determined message to a specific
group of people. This message may denote performance, quality, an expertise,
safety, service or other. As an example, in the automobile industry, safety is
often equated to Volvo and quality is equated to Mercedes. In the home entertainment industry, Sony is considered to be a performance brand while Audiovox is considered to be a value
brand. Would you buy a computer without “Intel Inside” or would you
look at purchasing audio equipment without Dolby NR? Why do we care? Companies care because they can charge more money if their brand is highly-valued. And, customers generally want the best they can buy for their money.
Second, your brand is always “on.” When the doors are closed
and it is the middle of night, your brand continues to speak for your company. Whether
good or bad, a brand is 24/7 advertisement that you want to make sure is delivery the right messages about your company.
Brands often are placed on the scale of perception versus reality. Simply said, branding has more to do with a customer’s perception than anything else. While realty has its place, in a consumer-driven market people rarely buy based on
rational logic, but rather on intuition and coolness factor.
Our experience is in developing specific strategies and methodologies
for the creation of a strong and lasting brand image through the use of multiple communications disciplines.