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According to Investopedia, your brand identity includes the visible elements of your brand – such as color, design, and logo, which identify and distinguish your brand in your consumers’ minds. Let’s take a look at Apple and Nike, for example – we all know (in the forefront of our minds) what their respective logos look like…am I wrong? Apple is currently valued at $2.08 Trillion; Nike at $30.44 Billion.
…and to think – it all started with an Apple and a checkmark logo, respectively!
However, when we get more into local examples – consider WaWa and The Philadelphia Inquirer brands to paint a “scalable” picture.
Two completely different industries with similarly loyal customer bases. WaWa and The Inquirer are both popular enough to offer loyalty incentives (such as 75% off Sunday newspaper specials, and discount incentives for repeat WaWa customers). I reminisce on how my 2013 October surf sessions at the Jersey Shore were inextricably tied to a morning Pumpkin Spice Coffee from the local WaWa – same thing with 2021 baseball games in the Greater Philadelphia area.
WaWa is tied to the experiential value of my recreational activities – this should similarly resonate with respect to your customers and your company’s appearance.
Brandon Rost, president and CEO of beMarketing in Blue Bell, PA grew his company’s bottom-line revenue by 50% from 2016 to 2018 simply with a consistent, disciplined brand management campaign!
Am I asserting that your logo design will increase your company’s profit margins in two weeks? No. Two months? Probably not. However, what I am advocating is an:
A.) Attractive/Visually Appealing; B.) Disciplined; C.) Consistent approach to your company’s brand identity – as your competitors are undertaking in the City of Brother Love. A strategic, methodical approach to creating a brand image that will resonate with your customers can translate to long-term brand equity, as Kevin Keller’s expert graph depicts below!
The more relevant your brand is to your customers – the greater likelihood you have of acquiring Lifetime Valued Customers (how’s that for Marketing 101?).
Contact us today and schedule your FREE 15-minute Branding Consultation!