Tag Archive for: branding

The Strategic Difference Between Branding and Marketing and How They Work Together

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People often use branding and marketing interchangeably, but the two are distinctly different. Knowing how they differ is crucial to executing specific campaigns with branding or marketing goals.

Neil Patel says that “where marketing ends, branding begins.” The implication is that branding and marketing are crucial to your business’ success. So, don’t emphasize one at the expense of the other. This guide explores how they are distinct and how to leverage both to gain a competitive edge.

What is Branding?

Branding entails shaping your business identity. It gives your business character and provides a complete narrative of what you offer your customers, why you do it, and where it leads. It also entails defining your target audience, how you communicate to them, and the meaning it adds to their experience with your business.

While you can visually represent your brand through visual elements like your color palette, logo, and fonts, your brand is generally the overall experience you deliver to your customers. Think of it this way:

  • Coca-Cola is more than just soda
  • Starbucks is more than just coffee
  • Nike is more than just sportswear
  • Apple is more than just computers

These brands deliver experiences in addition to the products you buy. The brands know the experience their customers want to have when they consider a purchase. So, they continually invest in brand marketing to cultivate their brands.

How to Determine Your Business Brand?

The practice of shaping your brand identity requires that you clearly define the following:

  • Your business’s core values and principles: What matters most to your company? What are you committed to, such as saving the world with eco-friendly strategies or equality for all customers?
  • Your mission statement: Apart from making money, what else do you want to accomplish with your business?
  • Customer experience: What feelings do you want to inspire in your customers when they interact with your business?
  • Your unique selling proposition: How can you deliver something different from your competitors?
  • Your brand personality: What language do you use with your customers? Is the tone fun, intelligent, creative, or casual?
  • How do you highlight the right ideas: What comes to mind when customers hear your business name, and what do they associate it with?

Your brand tells your customers what they can expect from your business. It gives them a glimpse into what to expect when interacting with your services and products. With a clearly defined brand, you gain more clarity and direction for your marketing activities.

What is Marketing?

Marketing is a mix of activities and tactics you undertake to promote your brand, products, or services. The actions communicate your company’s benefits and what it offers, different from your competitors. The primary goal of the activities is to generate interest and influence the audience to buy from you instead of the competition.

The greater focus of marketing is sales rather than branding. The activities have a shorter timeframe, also known as marketing campaigns. Marketing strategies have a call to action to buy or take a step towards a purchase.

Examples of marketing activities include the following:

  • Search engine optimization
  • Social advertising
  • Content promotion
  • Promotional emails
  • Pay-per-click advertising
  • Print campaigns and direct mail

The Difference Between Branding and Marketing

Your brand is your business culture, the message you send to your audience about your business. It also entails the rules that govern your business. On the other hand, marketing is a set of processes and tools to promote your brand. It uses social media, SEO, mobile, traditional marketing, and local search marketing tools. If branding is the author, marketing is the publisher.

Your business needs a brand to differentiate itself from the competition. However, even the strongest brand can only succeed by constantly marketing itself, demonstrating its unique selling proposition to its target audience.

Other highlights of the differences between marketing and branding are:

  • Branding comes before marketing
  • Marketing boosts sales, while branding enhances customer loyalty
  • Marketing is the bait that attracts your audience’s attention, while branding is the glue that keeps it intact
  • Marketing strategies are dynamic and keep changing, but your branding is there to stay
  • Branding impacts your business internally and externally, but marketing is more of an external factor

How Branding and Marketing Work Together

In recent years, there has been an emphasis on the importance of customer experience in branding. It shifts the focus from design elements associated with the brand, such as the company logo, color palette, or messaging.

Once your target audience sees your logo, they may be intrigued or feel a connection to your brand. However, you must do more to generate interest in the customer for them to purchase. That’s where marketing comes in.

While marketing and branding are two distinct components of your business, they rely on each other. Depending on how you apply them together, they can contribute to the success of your business.

Your brand marketing strategies will benefit from having a solid brand at the beginning. The marketing efforts can focus on highlighting what makes your brand unique. As people become familiar with your brand and what it stands for, they can identify with your brand marketing message. A good branding strategy sets up your marketing campaign for success.

Blending Your Branding and Marketing Strategies

Both branding and marketing need your attention to help your business succeed. Creating a solid brand early in business life is beneficial in creating clear and consistent brand characteristics. Then, it becomes less stressful to develop brand marketing strategies to take the business to the next level.

Both branding and marketing are more than one-off events and require ongoing effort. A professional brand marketing agency can work with you to fine-tune your strategies. Steven & Tate is a branding and marketing company that can help you blend your branding and marketing for overall business success. Talk to our experts to learn more.

 

Utilizing PR Tools When Growing Your Company’s Brand Recognition

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Public relation is vital for a successful business marketing campaign. While marketing involves multiple bits and pieces, public relations ensure your target audience is receptive to your marketing messages by establishing higher brand recognition.

Successful public relations strategies can boost customer trust and convert potential customers into loyal followers. However, it’s critical to understand how PR works and how you can execute a successful campaign.

Define Your Value Proposition

Building an irresistible brand requires a unique value proposition that resonates with existing and potential customers. A value proposition defines your business and differentiates it from competitors.

The USP should focus on the target market, solutions to customer problems and overall benefits of your offer compared to the competition. Typically, brainstorming the answers reveals a pattern that helps you fine-tune the value proposition. The process requires diverse input to ensure the USP is unique and appealing.

Also, every business must formalize the offer in a mission and vision statement. While the documents may seem simple, organizations should strive to create a clear picture of their ideal brand. It can be hard to develop and cultivate a positive brand image without formal documents communicating your unique value proposition.

A refined value proposition helps you develop appropriate messages to promote to potential customers. Once you have a unique message, you can earn important media initiatives and boost brand recognition.

Establish Industry Thought Leadership to Gain Trust

Getting involved in your industry is critical for any business. You can start by identifying the media outlets and social media platforms your target audience uses and establish yourself as an industry expert. This way, media outlets, and journalists will want to tell your story.

Regardless of the size of your business, you can build brand recognition by dominating the news in your industry. In addition, it’s important to identify media outlets covering your industry and reach out when you have newsworthy announcements.

Getting your business featured in a popular industry trend can boost brand recognition even when multinational corporates dominate the landscape. For instance, a small financial organization can level the playing ground by securing consistent appearances in the media.

In addition, using public relations strategies to publish featured content can elevate your brand. However, scanty appearances may not be effective, so you may need to partner with a PR company to ensure consistent results.

collaborationCollaborate With Media Outlets

Building brand awareness requires positioning your company in front of your target audience. The digital landscape has made it easier to identify markets and effective media outlets for your campaigns. You can build a list of niche publications and media outlets focusing on your target audience.

And since PR is about relations, ensure your company introduction is attractive. Whether you want to appear in digital media or traditional advertising, ensure your offer is captivating to dominate the media.

Reporters get numerous pitches and story suggestions. Whenever your correspondent is interested in your story, act quickly by scheduling an interview or providing supporting information.

The goal is to establish your reputation as a media-friendly company that embraces reporters. Most media professionals are under enormous pressure to deliver results amidst resource cuts. Therefore, demonstrating your friendliness and collaboration traits can go a long way.

When a story has a high potential of creating brand awareness and benefiting your audience, make it easy and interesting to cover. Besides targeting the pitch to appropriate contacts, establishing great media relationships can help improve your PR strategy outcomes.

Studies show that 76% of journalists prefer brand press releases, and 57% want to get expert sources and data. Also, most journalists will quickly cover a brand story with multimedia.

Ensuring outstanding media collaboration means embracing targeted outreach with concise pitches. In addition, provide data and sources to back up new information.

Use Unique Stories to Highlight Your Brand’s Strengths

Your audience loves current and unique stories. Similarly, media outlets embrace timely stories with a unique twist told to the right audience.

Every business has a positive story about how its offers connect to the consumer and the pain points they serve. Therefore, focus on your brand’s users and find opportunities to craft stories highlighting your business and its solutions.

Regardless of the content, strive to educate your audience by contributing informative content on local press and websites. In addition, you can host a special event and shed light on trends and issues affecting your industry.

Alternatively, community activity sponsorships can be cost-effective opportunities for attracting attention from local media outlets. When you choose your media outlets well, experiential marketing and other events can boost your brand reputation over time.

Bottom Line

Successful PR programs may not be an overnight sensation, but long-term commitment can complement other marketing initiatives and ensure higher brand recognition. Since branding is critical in marketing, incorporating PR in your strategy can help your business establish industry authority and deeper customer connections.