Regardless of the size of your business, the industry you’re in, or the types of products or services you offer, differentiating your company and its offerings from competitors is crucial if you want to grow your business. Having a unique name and logo is a good start, but setting yourself apart from the competition requires a more concentrated effort and focused approach. This is where branding comes in, and it’s what can help you attract and retain more customers for a greater market share and ultimately higher profits. Here’s a look at some basics of branding and how it can guide all of your advertising and marketing, including product labels and stickers.
Know your business.
The first step in developing brand guidelines for your business is to have a clearly defined sense of your company’s personality and values. It may seem obvious, but many businesses undertake branding efforts without totally knowing who they are or what separates them from the competition. Knowing the aim and direction of your business will help you create branding guidelines that accurately convey the right message to the right audience.
Know your target customer.
The second part of the equation is intimately knowing who you’re trying to reach with your branding efforts. Understanding your customer’s wants and needs can help you target your marketing and advertising campaigns in a way that resonates with the people most likely to love your business and the products or services you offer. For example, if your target demographic is comprised of young professionals, you’ll want to create branding guidelines that reflect and capture the interests of young working adults.
Know your competition.
Finally, in order to make your business stand out in the eyes of your customers, it’s important that you know what the competition is doing in terms of branding. This will help you avoid getting lost in the market due to repeating marketing and advertising already in use by the competition, and it will give you clues as to how you can make your business stand out and be more memorable to the audience you are trying to reach.
When you’re ready to put your branding guidelines to work, Miles Label Co. can help bring your products to life with high-quality labels and stickers. We are one of the premier product label and sticker printing companies in the Southwest. Call us toll-free at (800) 331-1897 to learn more about out label printing and design services.