Branding is an essential business activity regardless of the size of the establishment; as a matter of fact, even online businesses need brand management efforts. Several marketing studies have proved that the decision of a consumer to buy a product or service is largely impacted by the image of the brand that he/she harbors. For instance, how does the red and blue logo of Pepsi make you feel? At least for some people it evokes the desire to take a swig of a cool, refreshing drink; however, the same response may not be experienced when the logo of a rival brand is seen; for example, Coke. Its no wonder than that both soft drink makers have a loyal fan following that rarely budges from its preference. If you are wondering about how you can garner that kind of popularity here is a look at what you can do for branding Toronto businesses and how you can use it to create an image for your small to mid sized business.
Branding Toronto: What is it?
Branding can be defined as the process of creating or changing a brand; to put it simply, branding Toronto businesses entails the creation of an identity of a product or company. Au contraire to popular belief, branding is not restricted to the logo of an establishment; as a matter of fact, any sensory channel can be used to create a lasting impression on the consumers. For instance, the music that you hear when Windows loads is so distinctive that it reminds customers of Microsoft even if they don’t actually see the logo of the product.
Branding Toronto: Why is it so important?
It goes without saying that most businesses are trying to survive in the midst of cut throat competition that intensifies each day and if you want to ensure that your company gets its share of customers, branding should form a vital part of your business initiatives.
Branding Toronto: How to build a brand for your business
If you own a business in Toronto, you already have a brand, what you need to do is work on it to ensure that it gives your customers the right message about your product, company and its goals.
To begin your branding Toronto efforts, start by taking a keen look at what you are trying to offer your customers; for instance, if you are a cobbler, you would obviously be trying to tell your customers that you offer the best and most durable shoes in the market. You don’t have to do this alone; as a matter of fact, the more heads you can get involved in the branding process the better.
Discuss the benefits of your products with your employees and partners; think about what you want different corporate contacts to think and feel about your business. Make sure that notes are being taken at this meeting. Once you have a list of points, you should try to convey the values in a statement and even a logo. For the right visual impact, you will need to approach a professional branding Toronto establishment that can help with logo designing. When deciding on the statement, remember that your customers should be able to link the product with the statement. For instance, McDonalds uses the statement, “I am loving it”.
Make sure that you carefully analyze how your business and products are different from the competitors. Ensure that your branding efforts are visible in all forms of communication that your company uses; for instance, letterheads and emails should have the logo and the tag line of the company.
Finally, it is imperative to understand that branding Toronto businesses is not a one time effort; you will need to continuously work on building your brand image.
As John Stuart of Quaker put it, “I would give you the land and the brick and mortar and I take the brands and trademark and would fare better than you”.