What is a Brand and Why Does it Matter? - Team Samrat Singh 13

               

                    What is a Brand and Why Does it Matter?

When you think of any big company, the brand is probably the first thing to come to mind. In fact, there are very few successful businesses that don’t have a prominent brand and it’s hard to imagine how a company could get big without investing in its image and creating an identify for itself.

Despite this, many small businesses and internet businesses don’t take the necessary time to create a strong brand and a strong identity that they can use to drive their organisation forward. Why? Often it comes down a lack of understanding. Not only do many businesses and entrepreneurs not understand how branding works; many also don’t understand just how important branding is.

Companies With No Identity

It’s not hard to find companies that lack brands when you look online – or that haven’t invested the right time or effort into their branding. These are the websites that look horribly bland and generic: probably with dark blue and black writing on a white background. Their company name is something like ‘Johnson and Smith Co’ and their logo is probably some dull blue writing spelling out that company name. Oh and it’s probably a low res JPEG image too.

It doesn’t exactly scream excitement and it calls to mind an image of a couple of burly blokes who put together an uninspired business with no aims of growing. They provide their service, no bells attached and then they move onto the next client.

It’s actually kind of depressing…

Companies With LOTS of Identity

Now think about the companies that have become international house-hold names. These companies have exciting names like ‘Apple’, ‘Adidas’, ‘Coca-Cola’, ‘Nike’, ‘Microsoft’, ‘Disney’, ‘Nintendo’, ‘Red Bull’, ‘Starbucks’ and they have interesting and unique logos. Many of these logos have gone on to become almost cultural symbols and are now emblazoned on t-shirts and scrawled onto homework diaries around the world.

The websites are in-keeping with this, so are the adverts and even the products conform to an identity. People look for these brands now as a sign of quality and because they

know what to expect. Some people even consider themselves ‘fans’ of these brands and get behind them 100%. People just don’t feel that way about companies like ‘Johnson and Smith Co’.

Brands make you recognisable, they make it far easier to monetize and they give your business a cohesive vision that will drive you forward and that will win you fans. This is the power of branding and this is what we’re going to learn how to do for your own business.

Team Samrat Singh

CEO

TEAM SAMRAT MULTI VENTURE 

www.tsm13.com