Have you ever wondered why some brands, no matter how pricey they are, still have some very loyal buyers in the market? When quality and trustworthiness is synonymous with your company name, then it won’t matter if you are a lot more expensive than your competitors. After all, most shoppers willingly pay a premium for their peace of mind, knowing that the product they bought from you is top-notch.
Signs of a Strong Brand
For strong brands, it is enough for consumers to see their company logo to understand their product or service portfolio. Just take a look at famous brand logos like in Nike (a simple checkmark) and McDonald’s (the golden arches). Consumers don’t need to hear a lengthy explanation just to figure out what these companies are offering.
In short, strong brands trigger common recall and understanding among consumers. More than just a name, a slogan, or a company logo, branding is what emotionally connects you to both existing and potential customers, thus motivating them to buy and become loyal to your products or services. Read more from this blog: http://bit.ly/2upgw4q