The terms โbrandโ and โbusinessโ are often used interchangeably. While the dictionary definitions might be similar, I donโt think this is a fair swap.
Anyone can create a business. But building a brand goes far and beyond filing your LLC paperwork and opening a business checking account. A brand is more than just a company logo or slogan. Itโs how people feel when they see your logo or hear your name.
Branding is the most powerful marketing tool in the world. For individuals and businesses alike, establishing your brand can the difference between success, mediocrity, and failure.
Whether youโre launching a startup or rebranding your existing business, this beginnerโs guide to branding will help you establish a successful brand that will stand the test of time.
What is a Brand Identity?
Brand identity is essentially your companyโs reputation. Itโs not what you tell people about yourself; itโs what people tell each other about you.
Brand identity is not one specific aspect of a business. Itโs comprised of multiple factors, such as company values, communication style, product offerings, logos, color palettes, and more. All of these elements help portray your brand to the outside world. But the worldโs perception of those factors ultimately becomes your brand identity.
Hereโs an example of brand identityโMcDonaldโs.
The McDonaldโs identity starts with the golden arches. But itโs much more than that. What do you think of when you see that logo or hear the name? Some of you might think of Ronald McDonald. Others imagine the tastes and smell of a Big Mac and fries.
Regardless of what you think of, specifically, McDonaldโs has established a global brand. Everyone knows exactly what to expect from this company; they are the epitome of a fast food chain.
Why Put Effort Into Building a Brand?
Your brand is essentially the face of your business. Without a face, you canโt stand out from the crowd. Companies need a brand to differentiate themselves in crowded markets.
Branding builds credibility and establishes trust between businesses and consumers. Itโs what entices people to buy from you in the first place, and keeps them coming back for more in the future.
Your brand can even impact your pricing strategy. Consumers are willing to pay a premium for brands they trust. Starbucks is an excellent example of this.
Why are people willing to pay such high prices for a simple cup of coffee? Branding.
Whether youโre in Los Angeles, New York, Paris, or Rome, you know exactly what youโre getting when you walk into a Starbucks. You could get a bigger cup of coffee for a fraction of the cost at a gas station or small local doughnut shop, but those places donโt have the same branding power as Starbucks.
Look at the Starbucks mission statement in the image above. โTo inspire and nurture human spirit – one person, one cup and one neighborhood at a time.โ
Starbucks isnโt selling coffee; they are selling a feelingโthey are selling a brand.
Gucci sells t-shirts for $500. Apple sells phones for $1,000. Nike sells sneakers for $250.
What makes that shirt worth more than a $5 shirt? Why is an iPhone worth so much better than a $100 smartphone? Are Nikes really worth five times more than a generic pair of sneakers?
Thatโs why itโs so important to put effort into building a brand.
10 Steps to Building Your Brand
Now that you understand the basics of brand identity and the importance of establishing a brand, itโs time to build one of your own. This isnโt something that happens overnight. But Iโve simplified this complex idea into an easy ten-step process.
Step #1: Establish the Purpose of Your Brand
Why are you in business?
Yes, Iโm sure youโd like to turn a profit, but thatโs not the type of purpose thatโs going to help you establish a brand identity. This must go beyond the products or services that youโre offering.
For example, letโs say your business delivers pre-made meals online. Whatโs the brandโs purpose? Itโs not selling food; itโs providing nutrition and convenience to health-conscious professionals who are too busy to cook on their own.
Once you dig deep and truly define your brandโs purpose, you can put that purpose into a well-written mission statement.
The โwhyโ part of a mission statement is the most crucial aspect. Thatโs what will be the most important piece of information to the consumer. This is the differentiation factor that separates your company from everyone else out there doing the exact same thing.
Your purpose will ultimately define your brand. It sets the standard for how your team and employees behave and becomes what your customers expect when they buy from your business.
Step #2: Identify Your Brandโs Target Audience
Who wants to buy what youโre selling?
Identifying your target audience is one of the most important aspects of branding. If you overlook this step, the rest of your brand-building strategy will suffer.
Your business isnโt for everyone; donโt try to make it appeal to every single person on the planet. Think about some of the brands weโve talked about so far in this guideโMcDonaldโs, Starbucks, Nike, Gucci, and Apple. Those brands each appeal to specific target markets.
Remember, branding is a component of marketing; donโt lose sight of that. You need to treat your branding strategy like any other marketing campaign.
Would you run a Facebook ad or TV commercial without a target audience? Absolutely not.
As we continue through the remaining steps, youโll have a better understanding of why your target audience is so important to your branding strategy.
Step #3: Create a Unique Voice For Your Brand
Once youโve identified your target market, you must develop a brand voice that speaks to your audience. There are lots of different ways to approach this.
Do you want to be professional? Is your brand voice funny? Are you trying to be casual?
All of your brandโs copy should have a consistent voice across all of your channels. From your homepage to blogs, social media posts, and ads, your voice must resonate with your target audience.
Hereโs an example from the ARRIVE Hotel FAQ page.
The voice is very informal. They say โyeahโ instead of โyes.โ They use other phrases like โsweet wheelsโ and โdude.โ The page even mixes in some humor with the question about borrowing a hoverboard.
This brand voice continues throughout the FAQ page; here are a few more examples.
Again, itโs an informal and humorous way to say that dogs are allowed at the hotel, but no other pets are allowed.
The brand isnโt trying to appeal to everyone. As a boutique and trendy hotel in Palm Springs, California, ARRIVE is targeting young adults who want a hip place to stay. They arenโt targeting families or grandparents.
Businesses selling surfboards wonโt have the same brand voice as a law firm. B2B companies selling enterprise SaaS shouldnโt have the same brand voice as a retailer selling clothes to teenage girls.
Step #4: Tell Your Brandโs Story
The brand story encompasses all of the three steps weโve previously discussed. Treat your brand story as the extended version of the โwhyโ in your mission statement.
This explanation of why youโre in business should appeal to your target market while being expressed in your brand voice. Hereโs an excellent example from TOMS.
TOMS sells shoes. But thatโs not what this brand represents. I highlighted some of the key parts of this brand story that showcase the companyโs purpose.
This brand donates shoes to people in need. The company gives away one-third of its profits to support people across the globe.
What was the inspiration for this? The companyโs founder was traveling internationally when he saw the hardships faced by children without shoes. This inspired him to create a business that put shoes on the feet of underprivileged children.
The tone of this brand story is appropriate for its purpose. Itโs heartwarming and meant to appeal to people who want to help others.
TOMS isnโt trying to compete with sneaker companies like Nike or Adidasโtheir charitable approach puts them in a category of their own. All of this is clearly described in the brandโs story.
Step #5: Design Your Brandโs Visual Elements
Now itโs time to create the visual representation of your brand. How will people identify your company?
Iโm referring to things like your logo, color palette, and typography. These are the starting points for designing a brand.
Think of the McDonaldโs golden arches or the Starbucks siren. When you see those logos, you immediately know what they represent. Something as simple as the font of your company name within the logo tells a lot about your brand identity.
Check out this logo for a tattoo parlor in Las Vegas.
Itโs a powerful image that has a certain stigma attached to it. The logo isnโt very warm and inviting. Instead, Golden Skull Tattoo feels intimidating and almost frightening.
The logo is designed the same way as motorcycle club logosโwith the club name on the top in a half circle, and the city at the bottom. I donโt think this was a coincidence, considering the target audience of this brand.
Now, letโs take a look at another logo for a dog walking business.
This logo gives a completely different impression than the tattoo parlor. It feels safe, friendly, fun, and almost childish. The font alone makes the company feel like a brand you can trust to walk your pet.
If the dog-walking logo was dark and included a skull (like the tattoo shop), people might not trust this service.
As you can see from these two polar opposite examples, the visual elements of your branding strategy carry significant weight in how your brand is perceived.
Step #6: Establish Your Brand Differentiation
What makes your brand unique within your industry? You need to take the time to research your competitors to see what theyโre doing.
By monitoring your competition, youโll be able to discover what branding strategies work and which ones to avoid.
Try not to follow the same exact branding strategy as other businesses in a saturated market. If those businesses have branded themselves well, it will be challenging for a new business to come in and have success. Consumers will already be loyal to the existing brand.
Think back to the examples Iโve used throughout this guide. If you wanted to open up a fast food business, trying to replicate McDonaldโs branding would be a disaster. Youโd need to find another niche and approach.
If youโve ever been to San Diego, youโve probably seen or heard of Better Buzz Coffee. This local chain has a dozen locations throughout the county, and itโs still growing.
Better Buzz isnโt trying to compete with Starbucks. Instead of the locations being identical, they create a unique experience and environment at each coffee shop.
Aside from the name and menu, you wouldnโt know that there is a connection between each location. The atmosphere, colors, and fonts are all different.
This branding strategy helps this business thrive while competing against other local coffee shops and international chains like Starbucks.
Step #7: Build Out Your Brand
Now that youโve established all of the components of your branding strategy, itโs time to put that strategy out for the public to see.
Design your website. Create social media profiles. Establish your presence on as many different marketing channels as possible.
While it might be tempting to do this step first, itโs important to follow the process that Iโve described so far. You canโt write website copy until your brand voice has been established. You wonโt be able to pick an effective color scheme until youโve designed your logo and visual elements. You canโt write an โabout usโ page or mission statement without establishing your brandโs purpose and story.
Iโm sure youโve heard of the age-old idiom or proverbโdonโt put the cart before the horse.
If you complete this step out of order, your entire branding strategy will suffer. But if you complete the steps in the sequence that Iโve explained, everything will come to fruition when you start building out your brand.
Step #8: Promote Your Brand
Once your brand has been built out, itโs time to start promoting it.
These individual marketing campaigns will vary from business to business. It all depends on what type of brand youโre creating. A local dry cleaner wonโt have the same promotional strategy as a national ecommerce brand.
Regardless of how youโre running promotions (social media ads, PPC campaigns, email marketing, radio ads, guerilla marketing, etc.), itโs important that each promotional method mirrors your branding strategy.
Presenting brand consistency across all channels results in higher profits.
What is your brand voice? It should be constant from billboards to digital ads, and everything in between.
Step #9: Get Others to Advocate For Your Brand
Great branding spreads like wildfire. You should create marketing strategies that get your existing customers to become brand advocates for your business.
Encourage customer reviews. Run promotions to incentivize referrals. Create a customer loyalty program. Partner with influencers who can bring your brand to life.ย
Hereโs a basic example. Nike doesnโt get Fortune 500 CEOs to be brand ambassadors for them. That doesnโt make any sense for their product line. Instead, Nike sponsors athletes.
Amazon founder, Jeff Bezos, was famously quoted for saying, โYour brand is what other people say about you when youโre not in the room.โ
By getting other people to advocate and promote your brand for you, itโs much easier to establish your reputation. Just be forewarnedโnot every brand has a positive reputation. Thatโs why itโs so important to follow the steps that Iโve presented in this guide.
Step #10: Evolve As Your Brand Grows
Be prepared to adapt and change with the times. Your branding strategy of today might not be effective tomorrow. Brands change based on market needs or industry trends; even potential company mistakes could force you to rebrand your business.
Some of the most popular brands in the world have famously rebranded themselves for a wide range of reasons.
Burberry, a high-end fashion company, developed a reputation for being popular for gang members. Some pubs in the UK even banned customers from entering the building if they were wearing Burberry clothing. The company partnered with celebrities like Kate Moss and Emma Watson to clean up its reputation as they went through a rebranding period.
Nike never sold basketball sneakers until they signed Michael Jordan. Today, they sell the most basketball shoes in the world.
Even McDonaldโs had a reputation for being unhealthy and making people fat. But today, McDonaldโs offers a wide range of healthy options, including salads and fruit smoothies.
Old Spice struggled to attract younger customers. They had the reputation as being โdeodorant for old people.โ But clever branding, new promotional strategies, and the release of new products like body wash completely changed the public perception of this company.
If you canโt evolve, your brand wonโt survive the test of time.
Final Thoughts
Without branding, your business will just be another nameless and faceless organization. People wonโt be able to pick you out of the crowd, and survival will be a struggle.
But establishing a brand identity can do incredible things for a business.
Branding can allow you to increase your prices, establish trust with your customers, and keep people coming back for more. Your brand is your reputation; thatโs why you need to take the right steps to build a brand from scratch.