How A Memorable & Relevant Brand Means Better Profits

How a Memorable & Relevant Brand Means Better Profits

Written by Dauntless
 April 2019

Are you introducing yourself memorably to your audience?

 

According to a survey by Nielsen, almost 60% of customers would rather buy from brands they already know well. So it follows that your brand needs to be memorable – not just in a one-time campaign, but for the long haul. You need to go beyond ad hoc measures and work at moulding the customer’s perception of your company. This is where a solid brand building exercise comes into play.

American branding expert and author Marty Neumeier defines a brand identity as ‘the outward expression of a brand, including its trademark, name, communications, and visual appearance’.

At Dauntless, our creative team works to craft these elements individually, and then into a cohesive package that you can use to communicate with the world. So that you can keep engaging with people in a way that’s relevant, consistent, likable – and profitable.

One of the best ways to promote customer loyalty and improve profits is through a memorable brand.

The benefits of a memorable brand will out-last your initial investment, saving you money in the long-run.
Long-term Advantages

“A brand registered in your name is like owning a piece of real estate that gives you dividends over time.”

 Forbes

Positive Associations

“A brand results from a set of associations and perceptions in people’s minds… Branding is an attempt to harness, generate, influence and control these associations to help the business perform better.”

– Design Council

Brand Plan before Business Plan

“The more time, effort and resources you spend on your brand plan, the more likely you are to create a sustainable positive brand that resonates with your customer base, grows your influence and impacts your bottom line.”

– Entrepreneur

You might also like to read…

5 Tips for Enhancing Your UX Strategy
5 Tips for Enhancing Your UX Strategy

Customers are your number 1 priority, so naturally you always go above and beyond them.  Everyone in the company loves the brand logo. BUT your website looks like a high school assignment (we’re talking cluttered and messy design, weak navigation and doesn’t work on...

Top 10 Tips From Leading Entrepreneurs On How To Succeed In Business
Top 10 Tips From Leading Entrepreneurs On How To Succeed In Business

Business success isn’t just about having a great idea—it’s about bringing it to life. If you're looking for inspiration for your next venture or maybe need a motivational boost to share with your team, here are ten quotes from the world's most successful entrepreneurs...

Unlock Your Brand’s Potential: How to Create a Winning Strategy
Unlock Your Brand’s Potential: How to Create a Winning Strategy

Customers buy from brands they trust. Right?Moreover, consumers are willing to pay more for their favourite brands. Studies show that 46% of customers would spend more on products from trusted brands.   Today’s customers value authenticity and purpose. Consequently,...