In an attempt to get and often stay ahead in business, companies invest lots of marketing dollars to gain more brand awareness, refine their brand, or even bring their brand to market for brand recognition. With so much information buzzing around on “brand this” and “brand that”, it’s easy to be confused as to what marketers are talking about. This article will help you understand the following topics as they pertain to business:
- What is a brand?
- Decisions around brand elements
- What is brand awareness?
What is a brand?
A brand can be classified as your organizations identification as presented to the public. This can take on the form of one or a combination of the following: name, term, slogan, logo, design, color, sign, sound and quality.
Decisions around brand elements
With the knowledge of how a brand is classified, it is paramount to first decide on what image you would like your organization to portray, “live and breathe” and stand behind, before finalizing any element of your brand. It is important that when you have your decisions solidified, you have internal buy-in from your employees as well. Ask yourself questions such as:
- What personality do I want my company to depict?
- What are the core beliefs of my company?
- What is my company’s purpose or mission?
- What direction do I want to take my company in?
- What will be the internal focus of my company?
- How can I distinguish my company from my competitor’s or another brand?
- What do I want people to take away from my company (perhaps from the look of the logo, visiting the website, etc.)
- How do I want to connect with my audience emotionally?
These questions and your decisions will help you to present your company to the public in the image that you shape and also ground you and your employees in the beliefs of the organization. Seemingly simple decisions such as color choice will become as important as the spokesperson that you will use for your advertisement. For instance, you may use the color blue if you own a spa or pool company as it symbolizes water, peace and tranquility. Whatever decisions you come up with on your company’s brand; ensure that there is synergy among all of the elements.
What is brand awareness?
Brand awareness is the heightened probability that the public will recognize your company, product or service. Quantitatively defined, brand awareness is “a marketing concept that enables marketers to quantify levels and trends in consumer knowledge and awareness of a brand’s existence”, according to Wikipedia. In essence, the greater the brand awareness, the greater the likelihood of more sales. Awareness of a particular brand increases the public’s perceived value of the product/s and/or service/s that the company offers. This perceived value translates to increased sales.




