Corporate Branding28 Feb 2018

Why Start-Ups Need Corporate Branding

Priya Mishra

Priya Mishra

CEO, Corporality Global

Startup Team Collaboration

Starting up a business involves so many moving parts. It is really a struggle and you need strong determination to actualise it. You must invest a countless number of hours fuelled by an electric mix of fear, anticipation, anxiety, and excitement.

Time
Energy
Money

Every start-up company should think of going live and start generating returns before they run out of seed capital. Once they have a vision and marketing strategy, most companies go straight to launch their brand, focusing on Voice, Tone, Logos, Social media, and Website design.

What do we mean by brand?

It is simply the experience you deliver to your clients; it is the connection between the customer and the organisation, learning about the customer and understanding why they love your product more. Knowing your real customers will help you set up your brand’s visual identity.

Why do most start-ups fail?

Skip Connection

Entrepreneurs fail even after creating identity because they do not ask for feedback or simply ignore negative responses. Packaging isn't enough.

Ready-Fire-Aim

Launching on the pretext that every customer will love it is a massive risk. If you fail to connect with clients effectively, your start-up is doomed to fail.

Brand Identity Shortcomings

Prioritizing awareness over experience leads to promoting things clients don't care about. No amount of web design can outsmart a flawed product.

How you will nail brand experience

Neither you nor the company you hired to create your identity can evaluate your brand’s experience successfully. You must conduct interviews with your ideal clients.

Essential Questions to Ask:

  • 1If you were unable to use our products again, how would you feel? (Identify the core advantage they gain).
  • 2If our products are out of reach, what would you use as an alternative?
  • 3How would you recommend our products to your friends?
  • 4What type of person do you feel would be interested in using this?
  • 5How can we improve our products to meet your basic needs?

Conclusion

Get in touch with your customers now. Develop a compelling brand today; it is far better than having just a product idea. Below are the core branding elements that guarantee relevance and differentiation:

Your brand essence (what you stand for)
Your defining values
Your target audience
Your key differentiators
Your overarching experience
Your messaging, look, and logo

Brand your start-up organisation today. You won’t regret doing so.