Monday, March 1, 2021

Branding 101

What is a brand?

A brand is the way an audience experiences and perceives a product or company. It is an identifier. Naturally therefore, branding is the process of creating and managing this identity.

The term originates from the practice of permanently marking the skin of live cattle with unique codes or symbols with the use of hot iron templates. This practice called 'branding' helped cowboys to readily identify each animal. 


The aim of corporate branding is the same; to create an identifier that can be recognized by humans. Since psychological triggers motivate human connection with others, human psychology is used to strategically humanize a brand in ways that appeal to the target market.


Internal Brand & External Brand for Brand Positioning

A well defined brand has internal and external components. As with human identity, a brand has identifiers. As seen from the list below, your internal brand is designed by the leadership to be building blocks that inform your external brand design and all actions by the brand. External identifiers are what the public experiences. A brand has a name, A brand's logo is like a human signature, its corporate colors like a human's style of clothing and so on. A brand even has a personality that can either attract or repel some people. Like humans, your brand may grow and evolve over time. Finally and like a human being, a brand gives the world its products and services which is essentially the culmination of everything it is within.

Some internal brand elements

Some external brand elements (the visible / deliverables)

Do this design process within the context of your industry analysis, especially as it relates to your competition and customers. Where can you position your brand within the market? Specifically, what are the various forms of competition and what gaps can you fill? Gaps or 'opportunities' are unmet customer needs. 

In short, designing your internal and external brand involves defining your target market beforehand and manouevring around competition.   

Prerequisite considerations for internal and external brand design.

  • competitive SWOT analysis
    (Example using the methodology of Porter's '5 competitive forces') 
  • definition of target market (and segments)



CONTENT RELATED TO A BRAND AND BRANDING 101 

  • Brand core values
  • Unique Value Proposition (UVP)
  • Brand Positioning, Strategy
  • LIfestyle branding strategy
  • Brand architecture
  • Brand personality
  • Brand mascot
  • Brand color
  • Brand voice and tone
  • Brand awareness & brand awareness strategy
  • Packaging design strategy
  • Protecting your intellectual property
  • Product branding
  • When is branding not feasible or worthwhile? Usually when prices can not be altered, the product is generic, there is no need to (compete) to increase market share often because there are few or only 1 customer and you are already the market leader or only supplier, no need to build a sense of presitige and authority, your industry is very highly fragrmented to the extent that a brand will be unable to penetrate the market very far. When branding is un-necessary, it is best to simply invest resources otherwise in the business.
  • Other material on branding: branding 101, brand architecture (aka structure), etc
  • More video explanations on Porter's 5 Forces: Business to You 
  • Read about brand strategy ...
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