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Leave a lasting impression by strategically branding your business.
Despite market changes and evolving customer preferences, the world’s most timeless companies remain strong because of their strategic branding. A powerful brand identity goes beyond products, services, and the people creating them. It involves thoughtful planning and adapting nimbly to changing circumstances.
It’s never too late to build a new brand — or revamp an existing one. No matter your approach, building a strong brand establishes a foundation for an evergreen legacy. Read on to learn how strategic branding fosters a lasting impression and keeps your business sustainable in the long run.
What’s strategic branding?
Strategic branding involves creating a unique company identity to distinguish yourself in the industry and achieve a stronger market position than competitors. Building a brand involves more than designing a clever slogan or aesthetic logo — it’s about differentiating your offering and making an impression on consumers. And when you build an effective brand marketing strategy, you’ll encourage people to care about your brand on a deeper level, even beyond product features or price points. This creates loyalty among those who see your brand as more than a mere commodity.
Brand development strategies also guide in-house teams’ image-related activities. For example, when designers are clear on your goals for how you’d like people perceive and experience your company, they can create visuals that reflect this vision. Effective branding ensures consistency across touchpoints, from marketing and SEO to web designs and customer service.
Essential components for a brand strategy
Brand strategies in marketing typically include the following components:
- The brand’s purpose is the underlying reason for its existence beyond profit-making. This is typically expressed in a vision or mission statement. For example, Patagonia’s purpose extends beyond selling outdoor clothing, offering aid and strategies to combat the consequences of global warming.
- Target audiences include the demographics, behaviors, and preferences of your ideal customers. Nike’s target audience includes athletes and individuals who push their limits and strive to achieve greatness. Their campaigns resonate with a never-give-up mindset, supporting their “Just do it” slogan.
- Brand positioning is how you want consumers to perceive your company relative to competitors, based on your brand’s unique value proposition, benefits, and features.
- Brand personality embodies human-like traits that create emotional connections with customers. Consider Coca-Cola’s identity. Their marketing campaigns are optimistic, nostalgic, and colorful with signature taglines like “Open Happiness” and “Taste the Feeling.”
- Visual identity, a way to create a unique and recognizable image for your brand, includes aesthetic design elements like logos, colors, and typography. For example, a retail company may adopt a minimalist approach with a flat-style logo, two-tone color combination, and modern font.
- Awareness goals outline clear objectives for increasing brand awareness among target audiences. For example, a digital marketing agency may target high-profile clients, who are striving to be industry leaders in content marketing and social media engagement services.
- Brand values are core principles and beliefs that guide your company’s actions and decisions, shaping its culture.
How to develop a brand strategy in 6 steps
Regardless of company size and industry, here are six steps to follow for effective strategic branding.
1. Determine a clear purpose
Your company’s brand purpose is its driving force and the reason it exists (beyond financial gain). Think about your organization’s mission and your desired target audience. Your intentions should resonate both with customers and your internal teams, guiding business actions and decisions.
When defining your purpose, it’s best to engage stakeholders during workshops and brainstorming sessions to identify your brand’s core values. You can also consider developing goals and timelines to direct your thinking and stay on track.
2. Define your target audience
Gather information about your target audience segments and ideal buyer personas by researching demographics and behavioral patterns. Use visual heatmaps and data tools to understand how visitors interact with your website, and then refine your site to better suit their needs.
For example, a digital marketing agency may define its audience as small- to medium-sized businesses in the tech industry that are looking to expand their online presence. By understanding their unique goals and challenges, the agency can tailor its services to satisfy these demands.
3. Map the competitive landscape
Analyzing the competition is crucial for identifying gaps and opportunities. Conduct a competitive SWOT analysis to understand what works and what doesn’t. And find ways to differentiate your brand and offer unique value, while capturing a higher market share.
For example, a design company could analyze its competitors’ portfolios, pricing strategies, and customer reviews. Through this process the firm might learn that websites with responsive designs perform better than those without responsive design. The company’s UI/UX team then can fill these gaps in their own interfaces to deliver better user experiences.
4. Humanize your brand with visuals and voice
Give your brand a set of characteristics to represent its identity, tone of voice, and values. Consider how you want consumers and competitors to perceive and react to your company. Your chosen traits will influence their impression and inform your brand’s communication style.
Say you’re in the tech space and want to establish your brand personality as professional, knowledgeable, and results-driven. The messaging across marketing channels should be clear and authoritative, reflecting your commitment to delivering high-quality products and customer service.
Alongside the brand voice, design a visual identity to give the persona a distinguished appearance. Choose imagery, fonts, and design elements for your style guide to create a consistent visual experience across all touchpoints.
After combining visuals and voice, ensure your website is accessible to as many people as possible to maintain a human touch. Using inclusive language and including meaningful alt text with your images can help promote this sense of approachability.
5. Launch your brand
A comprehensive launch plan includes promotional avenues like marketing campaigns, social media activations, and email marketing to grow your brand.
An omnichannel approach helps reach your target audience across multiple platforms, while targeted messaging and storytelling generate awareness and excitement.
As you capture more leads, consider using AI for hyper-personalization to maximize your marketing. Through machine learning and comprehensive data analyses, you can forecast user behavior and preferences to more proactively satisfy customer needs.
6. Analyze and improve
Monitor your brand strategy’s performance post-launch to identify improvement opportunities. Real-time data tools like Google Analytics help visualize metrics, but you can also collect direct customer feedback and track key performance indicators (KPIs). And website audits are a practical, long-term optimization approach that help you periodically track your brand’s standing and improve iteratively.
Build brands and businesses with Webflow
With an effective brand strategy, you can differentiate your company from the competition and build lasting connections with your target audience. You’ll also guide your design and marketing teams with a clear vision to work toward.
A brand isn’t complete without a strong website to anchor your company’s online presence. Your website is a representation of your visual identity and encourages visitors to become loyal customers aligned with your brand values.
Whether launching a new company or scaling an established business, Webflow Enterprise provides collaboration features (like advanced roles and permissions) and customization capabilities to ensure your team effectively expresses your brand.
Ready to get started? Build your brand from the ground up and scale it with Webflow.
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Credit: Original article published here.