Branding in the Spotlight – What is Branding?

May 6, 2008

The role of branding in business and marketing has grown significantly in terms of prioritization across the corporate and small business worlds, particularly with the advent of positions such as chief brand officer and chief imagination officer. The question remains: what is branding?

Spotlight on brandingDespite branding’s move to the spotlight, the vast majority of businesspeople still don’t have a firm grasp of what branding truly is. In fact, I dare say that many businesspeople view branding as another funnel of expenditures by the marketing team that does little in terms of generating ROI.

I have to adamantly argue against that line of thinking. While branding might be more subjective and more challenging to quantify when it comes time to evaluate results, it’s no less important than any other tool in your marketing arsenal. I’d venture to say it’s the most important part of your business.

Let’s take a look at what branding is to gain a better understand of its importance to businesses.

  • A brand is an image: A brand is synonymous with the image of the company it stands for. Is your business young and hip, or traditional and reserved? Your brand image should reflect that. A brand image can also be tangibly represented through a logo, color palette, design techniques and more.
  • A brand is a message: A brand is made up of all the messages your business communicates from your advertising to your customer interactions and everything in between.
  • A brand is a promise: A brand is nothing if it doesn’t stand for something and offer some kind of promise to customers. In other words, customers should be able to count on your brand to deliver a consistent experience or value every time they come into contact with it.

As you develop your brand, do so with your stretch goals in mind. Don’t sell your brand short. Take some time to research and strategize and determine what you want your brand’s image, message and promise to be. In other words, where do you want your brand to be positioned in the marketplace and what expectations should your customers have for it?

Once you’ve got your roadmap defined, you can begin building your brand. How? Read my next article, “Branding in the Spotlight – How to Develop a Brand” to learn more.

For more information, read Branding in the Spotlight – How to Develop a Brand.

Related Posts with Thumbnails
stumble this submit to reddit Add to Mixx add to del.icio.us add to Facebook

Send to a Friend





Send to a friend
Want more? Subscribe via RSS

This post was written by Susan Gunelius.

Susan Gunelius

Agree? Disagree?

Do let Susan Gunelius know what you think by commenting below ...

Comments

6 Responses to “Branding in the Spotlight – What is Branding?”

  1. Women’s Words Weekly, May 4-10, 2008 at Women On Business on May 13th, 2008 2:54 am

    [...] like to highlight two posts I wrote for the new blog I’m helping to author – Corporate Eye – Branding in the Spotlight – What is Branding? and Branding in the Spotlight: How to Develop a Brand which give some basic information about what [...]

     
  2. The 6 Hats of a Chief Brand Officer | Corporate Eye on May 14th, 2008 8:50 am

    [...] bring to an organization? Let’s take a closer look. First, if you haven’t already read Branding Spotlight: What is Branding? and Branding Spotlight – How to Develop a Brand, and you’re not clear on the basics of [...]

     
  3. Branding from Corporate-Eye.com at Women On Business on May 15th, 2008 1:06 am

    [...] Branding in the Spotlight: What is Branding? [...]

     
  4. Corporate Branding at Corporate Eye on May 17th, 2008 2:58 am

    [...] Branding in the Spotlight – What is Branding? [...]

     
  5. What Is Branding on September 27th, 2008 12:01 pm

    I love the definition you mention on branding being a promise. Puts the word branding into a very specific meaning :) I also found http://app.businessweek.com/UserComments/combo_review?action=all&style=wide&productId=32138&productCode=spec to have a high user feedback on branding, gives quite a bit of information similar to your post. Should be helpful to your readers :)

     
  6. suhe khan on March 1st, 2009 5:48 pm

    Hey Susan,

    Your article was such a relief from all those boring explanations of branding out there on the web. Good stuff, will come back for more.

     

Got something to say?





Switch to our mobile site