{"id":30708,"date":"2018-07-16T21:10:18","date_gmt":"2018-07-16T15:40:18","guid":{"rendered":"http:\/\/officechai.com\/?p=30708"},"modified":"2018-08-05T22:10:36","modified_gmt":"2018-08-05T16:40:36","slug":"what-is-branding-why-its-important","status":"publish","type":"post","link":"https:\/\/officechai.com\/learn\/what-is-branding-why-its-important\/","title":{"rendered":"What is Branding &#038; Why It\u2019s Important?"},"content":{"rendered":"<p><span style=\"font-size: 12pt; color: #000000;\">You walk into a store and look for a packaged bottle of water. There are two shelves of these, one displaying bottles with a plain white label that reads just \u201cwater\u201d, and another with bottles that are wrapped in a well-designed and attractive blue plastic jacket that has a bold lettering reading <em>AquaDel<\/em>. There is a tagline under it as well that says \u201cfinest you can get in a bottle\u201d.<\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\"><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-30709\" src=\"https:\/\/i0.wp.com\/officechai.com\/wp-content\/uploads\/2018\/07\/what-is-branding.png?resize=640%2C400\" alt=\"what is branding\" width=\"640\" height=\"400\" srcset=\"https:\/\/i0.wp.com\/officechai.com\/wp-content\/uploads\/2018\/07\/what-is-branding.png?resize=487%2C304&amp;ssl=1 487w, https:\/\/i0.wp.com\/officechai.com\/wp-content\/uploads\/2018\/07\/what-is-branding.png?resize=563%2C353&amp;ssl=1 563w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/><\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\">The price difference between these two categories is around 5%, with the second one more expensive. So, the question for you here is- which one would you pick? If you are like most people, then you answer would be <em>AquaDel<\/em>. But why is that? The answer lies in <strong>branding<\/strong>.<\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\"><strong>What is branding?<\/strong><\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\">Branding is a lot of things. However, most of all, it\u2019s what that gives a business a unique identity, a personality. The example above is a case in point.<\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\">You were given two options for purchasing a packaged bottle of water. However, despite the cheaper option available, you went for the expensive one i.e. <em>AquaDel<\/em>.<\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\">The thing is that although the other one was cheap, it was devoid of any identity. It would have done the job just fine as it was packaged water after all. However, it was genetic and did not make any effort in attract the customer. On the other hand, <em>AquaDel<\/em> was visually appealing and had a comforting tagline that helped to build confidence. Although it was costly, it showcased itself as a better product. This brings us to the next question.<\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\"><strong>Why is branding important?<\/strong><\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\"><img data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter size-full wp-image-30710 lazyload\" data-src=\"https:\/\/i0.wp.com\/officechai.com\/wp-content\/uploads\/2018\/07\/what-is-branding-2.png?resize=640%2C400\" alt=\"what is branding 2\" width=\"640\" height=\"400\" data-srcset=\"https:\/\/i0.wp.com\/officechai.com\/wp-content\/uploads\/2018\/07\/what-is-branding-2.png?resize=487%2C304&amp;ssl=1 487w, https:\/\/i0.wp.com\/officechai.com\/wp-content\/uploads\/2018\/07\/what-is-branding-2.png?resize=563%2C353&amp;ssl=1 563w\" data-sizes=\"(max-width: 640px) 100vw, 640px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 640px; --smush-placeholder-aspect-ratio: 640\/400;\" \/><\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\">Your <span style=\"color: #33cccc;\"><a style=\"color: #33cccc;\" href=\"https:\/\/www.forbes.com\/sites\/forbesagencycouncil\/2016\/10\/31\/why-brand-image-matters-more-than-you-think\/\">brand image matters more than you think<\/a><\/span>. It gives your business a personality and character, makes it stand out from the rivals that have generic identities in the market.<\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\">Branding is important because:<\/span><\/p>\n<ul>\n<li><span style=\"font-size: 12pt; color: #000000;\"><strong>It makes your company look professional<\/strong>. It shows that you mean business and want to establish your company as one of the elite and best-in-class.<\/span><\/li>\n<li><span style=\"font-size: 12pt; color: #000000;\"><strong>It helps your customers to trust you easily<\/strong>. A good company logo with an equally good tagline reflect commitment and customer-centricity.<\/span><\/li>\n<li><span style=\"font-size: 12pt; color: #000000;\"><strong>It\u2019s one of the best <\/strong><span style=\"color: #33cccc;\"><a style=\"color: #33cccc;\" href=\"https:\/\/officechai.com\/miscellaneous\/marketing-tips-better-online-visibility\/\"><strong>things you can do for your online visibility<\/strong><\/a><\/span>. When your branding is prevalent and consistent across all the major platforms- websites, blogs, social media accounts, etc., then it starts to create an impact in the subconscious minds of your target demographic.<\/span><\/li>\n<li><span style=\"font-size: 12pt; color: #000000;\"><strong>It helps to justify high-end products<\/strong>. Why do you think premium brands Nike, Apple are able to sell their ridiculously expensive products easily? Hell, the latter was able to able prove <span style=\"color: #33cccc;\"><a style=\"color: #33cccc;\" href=\"https:\/\/www.wired.com\/story\/the-iphone-x-isnt-that-expensive-actually\/\">iPhone X isn\u2019t that expensive actually<\/a><\/span>. The reason is that they invest a huge chunk of their revenue in top-notch marketing. They have established themselves as the \u201cbest\u201d in their respective spaces. More importantly, they have associated themselves as not just \u201cproduct\u201d companies but \u201clifestyle\u201d companies. Thus, the people don\u2019t mind paying a premium price as they are led to believe that they are not buying products but rather a lifestyle.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-size: 12pt; color: #000000;\"><strong>How to create a strong brand?<\/strong><\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\">Before you even take your first step, you must understand that:<\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\"><em>&#8220;Good branding is all about creating a story that pushes a product&#8221;<\/em><\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\">Every brand has a story to tell which helps to attract customers that relate to it. It gives a meaning to the company logo and its mission statement. Thus, that\u2019s the first thing you need to work on first. However, you also need a unique logo that\u2019s appealing and appropriate for your brand.<\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\">There are many online branding platforms such as <span style=\"color: #33cccc;\"><a style=\"color: #33cccc;\" href=\"http:\/\/www.TailorBrands.com\">TailorBrands.com<\/a><\/span> where not only you can just create a company logo effortlessly in no time, but also equip your brand with the other essentials such as business cards, presentation slides, social media banners, etc.<\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\">Once your company logo is ready, you need to associate it with your company\u2019s values and spread the word on social media and blogs, etc. You have to be consistent in your marketing campaigns and create a positive brand image. It will take time, but that\u2019 how it is with every company. That said, if your story is strong enough, it will surely create an impact over time.<\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\"><strong>Conclusion<\/strong><\/span><\/p>\n<p><span style=\"font-size: 12pt; color: #000000;\">In today\u2019s highly competitive market, branding is more important than ever. There is a significant rise in the number of startups that are launched on daily basis. Thus, for a company to survive, it must tell its story to the world, and only branding can give the right tools for that.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>You walk into a store and look for a packaged bottle of water. There are two shelves of these, one displaying bottles with&#8230;<\/p>\n","protected":false},"author":1,"featured_media":30709,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[10],"tags":[],"class_list":["post-30708","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-learn"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What is Branding &amp; Why It\u2019s Important?<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/officechai.com\/learn\/what-is-branding-why-its-important\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What is Branding &amp; Why It\u2019s Important?\" \/>\n<meta property=\"og:description\" content=\"You walk into a store and look for a packaged bottle of water. 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