Consistent branding can lead to a significant increase in revenue, with some studies showing potential growth of up to 23%. When brands invest, be it in content, advertising or outreach, they expect a return, which is called ROI or Return on Investment. This does not always mean financial return. It means other types of return, like traffic, brand equity and loyalty.
However, more often than not, they are unable to get this return. That is when a branding agency India steps in to save the day. A branding professional is better able to understand the functions of ROI and come up with several different ways to increase the ROI for your brand.
In fact they can do this in 5 simple ways:
A digital branding company takes the pain of understanding your company before suggesting anything that needs to be done for it. To make sure your brand makes its mark, an agency will first look to position your brand correctly so it reaches the right audience and brings enough traffic.
That is barely step one of the first process. After forming a clearly defined brand position, that is advertising the brand as what it is and not what it could have been or will be, the next step is to add a special ingredient that separately that makes your brand stand apart. The logic is that there are thousands of brands in the same category, so how does yours look unique?
This in itself will drive your brand to a better position so that it is able to make a real-world impact by being the perfect customer fit and thus making conversions that even you couldn’t imagine.
Since 55% of brand first impressions are based on a visual perspective of your brand, a digital branding company’s first motive will be to make sure that the audience's perception of your brand is upheld. The ROI of a great design is consistency, recall and professionalism, and most agencies know this; thus, that is what they try to elevate, not just for the brand to look good but for it to perform.
A good branding team in India will blend creativity with functionality in their designs to make the brand look unique and different.
A brand doesn’t sell anymore, a story does. While most might disagree that is what drives a brand, their story. The audience does not care about how pretty your packaging looks if it's not able to convince them to buy, at least, in the long run. This is because there’s a new brand popping up every day and customers want something that keeps on changing.
A good digital branding company will pick up your brand’s values and messaging and make a story out of it that people want to hear. Most agencies will try to set a brand narrative so that the audience is able to relate to that even as the brand grows.
A brand is no longer limited to its products on a shelf. It is more than that. A brand’s value now also lies in the experience it gives its customers, even when they are experiencing the online presence of the brand.
Indian agencies have understood that, and so when building a brand, they make it a point to create a strong UX/UI experience across all their platforms so that the brand stands out and is able to live up to design metrics like bounce rate and ultimately, conversion.
A brand is made not just on its present positioning but also on how it might be positioned in the future. It becomes important in today’s rapidly changing market for brands to have a solid way out and make sure that their brand stays just as visually appealing and authentic even in the future.
This is best done with brand assets. Almost any and every branding agency India now opts to focus on long-term ROI through brand assets that create consistency and help the brand avoid rework. This does not just help the brand by cutting away a lot of confusion and unnecessary marketing inefficiency.
Branding is not just a cost, as so many people often tend to think. It is an investment that can often have a high return if done correctly. Especially with the help of experts, you can end up making a brand for yourself that sets you apart from everyone else.
This is because nowadays, it is not difficult to get clicks; however, it is difficult to build a brand perception that lasts in this saturated market. So branding is used to set a brand apart from others while still making sure there is a level of authority that the brand holds.
Branding is everything, from the products on the shelf to the way a customer experiences the brand through the digital world. A brand is more than a name, and smart branding makes sure that it becomes a name that’s heard.