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What is Branding and Why is it important to Business?

Branding, by definition, is a marketing practice in which a company creates a name, symbol or design that is easily identifiable as belonging to the company. This helps to identify a product and distinguish it from other products and services.It is a way of distinguishing yourself from the competitors and clarifying what it is you offer that makes you the better choice. Your brand is built to be a true representation of who you are as a business, and how you wish to be perceived.

Importance of Branding

  • Branding gets recognition

  • Branding increase business value

  • Branding generates new customers

  • Improves employee pride and satisfaction

  • Create Trust within the marketplace

  • Branding supports advertising

  • Increase Brand awareness

  • Making an impression in one glance - LOGO

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