Monday, 23 July 2018

Information and commentary for the small business banking industry

Some branding tips for your small business customers

13 Jul

Understanding the fundamentals behind branding a business is crucial to the success of your small business clients. And yet while not overlooked, business owners sometimes fail to understand what branding really means, and how to successfully achieve it.

It takes elements of marketing, public relations and advertising, and adds in strategy and customer engagement. So there’s a lot more to think about than just a fancy logo or a catchy slogan.

For example, all business owners should have a clear understanding of their target customers. They should know who they are and focus their branding accordingly. It’s really only big business that have generic branding that targets a wide audience. Small businesses should know who they’re selling to and base their brand on those customers.

Branding should always keep the customer in mind. Small business owners need to create business relationships that will keep customers coming back.

This is just one of several common mistakes that small business owners make when it comes to branding. So it’s often a good idea to sit down with them and review their marketing strategy, to make sure they’re on track with their branding, so they’re more effective in boosting brand awareness.

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