What Are Brand Objectives?

August 10, 2021 Guest User

What are Brand Objectives?

Brand Objectives Meaning:

Brand objectives are the long-term goals of your company in terms of strengthening and improving its brand.

It’s important to have clear, measurable brand objectives so you can successfully track progress and make sure that everyone involved in branding initiatives understands how their work helps to achieve these larger goals.

Brand Objectives by Exact Definition:

Branding objectives are intended to be long-term, achievable goals set by the organization’s management team.

Examples of brand objectives include increasing market share, reducing cost efficiency, or improving customer satisfaction.

Having Strong Brand Objectives:

Having clear and specific brand objectives is essential for any successful business.

It allows you to identify the most effective methods for achieving those objectives, measure progress and adjust your strategy accordingly.

Additionally, having strong brand objectives prevent teams from straying off-course and keeps everyone focused on delivering results that will benefit the company’s overall image.

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Brand Objectives in Action:

Once you have clear brand objectives set, it’s important to implement strategies to achieve them.

That includes paying attention to consumer feedback, leveraging social media and online marketing campaigns, and creating a consistent visual identity for your brand. With the help of a solid plan, you’ll be able to turn your brand objectives into reality in no time.

Brand Objectives are often determined by the organization’s management team and communicated throughout the company so that each person working on branding initiatives understands how their work fits into the overall brand strategy.

Other brand goals include boosting sales and/or profits, attracting new consumers and differentiating the brand from competitors.

To meet these branding objectives, companies often rely on various marketing and branding initiatives, such as advertising, public relations, social media marketing, and brand partnerships.

Objectives of brand management usually include creating, developing and maintaining a brand in order to maximize its unique value.

This is often done by effectively managing the tangible and intangible elements of the brand, such as name, logo, slogan and even personality.

Ultimately, your goal should be to create a strong identity that resonates with current consumers while also attracting potential customers.

Additionally, it’s important to continually measure the success of these efforts so that companies can adapt them or implement new strategies when necessary.

As you go through the branding process, your brand objectives could be the milestones you wish to see along your journey for the outcome you aim to achieve at the end of a branding campaign.

Whatever your brand objectives are, strategic planning and branding, PR, or marketing campaigns are often required to achieve them.

The Main Objective of Branding:

The main objective of branding is to strengthen the brand’s position in the market by creating a connection with customers and developing a sense of trust and loyalty.

By creating brand objectives, you can focus on reaching your target audience, gaining their trust and building a lasting relationship with them.

Many of the brand objectives that we’ll be discussing today are going to sound similar to one another and that’s because some overlap exists between them.

Don’t worry, we’ll explore each brand objective separately so that hopefully by the end of this blog you’ll be able to differentiate them from one another and understand why they are all important in their own right.

You’ll notice that many of these brand objectives are extensions of each other and need to work together collectively in order for you to build, develop, and grow your brand into the successful business that it can be.

Here at The Branded, we can help you achieve these brand objectives.

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The brand objectives we’ll explore are focused on building and developing:

Brand Identity
Brand Image
Brand Awareness
Brand Recognition
Brand Engagement
Brand Loyalty
Brand Advocates
Brand Equity

Let’s dive in, shall we?

Brand Identity

Building or developing a brand identity is an important and fundamental brand objective.

Brand identity refers to the various elements that help consumers identify your brand and differentiate you from your competitors.

This can consist of visual components such as your logo, your colour choices, your designs and patterns, product photography, and even your typography. A lot of your brand identity is made up of visual aspects, just like how the clothes you wear and the way you do your hair are part of your personal identity.

As we all know, there’s a lot more that makes up your personal identity than just your outward appearance. This goes the same for your brand identity.

Not to be confused with brand image (which we’ll go over next), brand identity also includes the beliefs that form the foundation of your brand such as your core values and your brand’s mission, vision, and purpose.

Building out your brand identity helps to establish your brand’s look and feel and is a way to share your story with your audience.

When you’ve established your brand identity, it not only helps you attract new customers but also allows existing customers to relate to and connect with your business.

To build or develop a strong brand identity that meets the goals of your branding strategy, you need to take into account what makes up this identity.

This includes your brand’s name, logo, colors, typeface, iconography, and overall visual look.

All of these elements should be consistent throughout your marketing materials and other branded assets so that customers can easily identify your brand.

You also need to ensure that all the information associated with your brand is accurate, as brand identity is more than just the visual elements.

Your mission and/or purpose, core values, and any other key information should also be conveyed in a consistent way throughout all of your branding efforts. This can include things like taglines and slogans that help reinforce your brand’s identity with your audience.

To find out more about the different components of a brand identity and how we can help you create an in-depth guideline, head over to our services page on all things branding, from brand strategy, brand positioning to brand pillars–we can help.

Here are some objectives a good brand should achieve

Bolster loyalty:

A strong brand should foster customer loyalty. Customers should be able to recognize and trust the brand, allowing them to stick with it even when competitors offer similar products or pricing.

Increase sales:

Building a recognizable brand is an effective way to drive more sales for your business. A good brand should have a positive reputation that drives customers through your doors and encourages them to purchase from you again in the future.

Improve visibility:

Working on creating a solid presence online is key for any successful business. Investing in SEO and social media marketing can help create a larger digital footprint, increasing visibility and giving potential customers access to information about your services or products quickly and easily.

Build credibility:

Your brand should be a reflection of the quality and reliability of your products or services. Utilizing customer testimonials, reviews, and case studies can help you to promote your business as an authority in your industry, boosting credibility and trust amongst prospects.

Grow recognition:

Having recognition for your brand is vital for its success. A good branding strategy should include tactics that help customers remember you and make them think positively about your brand. This could range from creating engaging content to participating in relevant events or conferences.

Develop relationships:

Building relationships with existing customers as well as potential buyers helps to strengthen loyalty and create stronger connections between customers and businesses.

Consistently providing useful information or advice to customers can help build relationships and create a positive experience that encourages customers to continue buying from you.

With the right goals in place, your brand can reach new heights of success.

Implementing these objectives into your branding strategy will help create an effective brand identity, allowing you to drive more sales, foster loyalty, build credibility, improve visibility and recognition and develop relationships with customers.

Small business owners should also remember that their brand does not end at just building out a logo or website.

It's important to focus on how each element works together in order to convey the best representation of your company’s values and mission.

This means setting clear objectives for what you want your brand to achieve and creating consistent messaging across all platforms.

Brand Image

As promised, let’s go over what a brand image means next.

While initially, you might think that your brand image and your brand identity are one and the same, they are actually different, equally important, aspects of your brand.

Your brand image refers to how a consumer views or perceives your brand.

Basically, your brand image is your consumer’s impression of you and your business.

Their ideas and beliefs are often influenced by interactions and experiences with your brand, whether personally or through word-of-mouth.

The public perception of your brand can vary greatly from person to person, sometimes making it difficult to maintain a consistent brand image.

Unfortunately, it is possible that people have a negative impression or perception of your brand for no real reason except for misinformation.

In that sense, it can take more effort to develop or improve a brand image than it does to change a brand identity.

You can always just whip up a brand new logo or colour scheme, but changing what people think about you takes time and often requires a carefully thought out strategy.

It requires brand positioning.

Brand Awareness

Brand awareness describes a consumer’s ability to identify a brand just by its name.

The biggest component of brand awareness is familiarity.

Do your consumers know your brand exists and are they familiar with what it is that you do?

If so, congratulations - you’re on the right track! If not, it’s an important first step that’s worth investing your energy into building.

We can help you build brand awareness through our marketing services and creative design!

Having strong brand awareness is crucial to many other aspects of branding and to achieving your brand objectives.

It can be difficult to accomplish your other brand objectives if your target audience doesn’t even know who you are.

As you create brand awareness you can build upon it to eventually increase sales and grow your consumer base.

Feel free to reach out to us to help you grow your business and your presence!

Brand Recognition

Easily and often confused with brand awareness, brand recognition is a consumer’s ability to recognize your brand based on different aspects of your brand identity.

Still not sure what the difference between the two are?

With brand awareness, your consumers know you exist.

Brand recognition tests whether your consumers can recognize your brand when they see it.

Is your brand logo and your colour scheme easily recognizable and strong enough to help you stand out from the crowd?

Take the Golden Arches, the checkmark or Swoosh, or a glass bottle with white font on a red label for example.

Do you know which brands we’re talking about? We’re willing to bet you do.

That’s the power of brand recognition.

For those who need to check their answers, the brands we were referring to above by their logos were McDonald’s, Nike, and Coca-Cola.

As you can see, successful brand recognition works together with your brand identity and is built upon your brand awareness to reach your target audience.

Brand Engagement

You’ve built your brand identity and image and you’ve worked diligently to develop brand awareness and recognition.

Now what? Logically speaking, now you’d want your consumers to do something about it.

That’s where brand engagement comes in.

Brand engagement involves creating some sort of attachment between a consumer and a brand.

Whether this is achieved through an emotional response or a rational one depends on your brand strategy, but both are effective options.

Put simply, brand engagement is all about getting your consumers to interact with you and your brand through various channels of communication.

This could be through means such as visiting your brand’s website, interacting with you on social media, sharing your content, and of course by making a purchase.

The methods you employ to encourage brand engagement can vary, but the easiest way is through social media.

Ensuring that the content you create and publish creates an emotional response from your consumers is an effective way to get them to interact and engage with your brand online.

Brand engagement helps you on your journey to achieve your next brand objective, which is building brand loyalty among your consumers.

Brand Loyalty

Brand loyalty is probably the most straightforward of all the brand objectives we’re discussing today, but no less important.

Brand loyalty describes a consumer’s devotion or attachment to a particular product, service, or brand.

It’s what ensures repeat purchases even if there are countless other competitors online or on the shelves next to you.

A consumer that is loyal to your brand will consistently reach for your product, usually regardless of price.

If you release a new product, a brand loyal consumer is also more likely to purchase it to give it a try.

A few ways to build brand loyalty are to provide excellent customer service, to work with brand advocates, and to offer brand loyalty programs or incentives.

Think about it. Do you have any brands that you’re loyal to? Apple perhaps?

There’s definitely no shortage of other viable options when it comes to smartphones, tablets, or laptops, but thousands of people will line up as soon as a new Apple iPhone is released.

Maybe you’re loyal to a specific soft drink brand. If Coca-Cola and Pepsi were offered side-by-side, which would you reach for?

Most brand loyal consumers are not interested in trying new brands and because they already know and trust yours, they’ll have no need to look elsewhere.

That being said, it’s possible to lose brand loyalty if you’re not careful.

Your loyal customers deserve the same amount of attention and dedication as your potential future customers do.

Not paying attention or adapting to changing consumer trends can cost you brand loyalty.

As will doing something that breaks your consumers’ trust in your product or business practices.

Brand Advocates

The power of word-of-mouth can do wonders for your business and your brand.

Brand advocates play a large role in championing and promoting your brand.

Unlike brand affiliates who receive a commission or a percentage of profits for promoting your product that successfully leads to a sale, brand advocates share their genuine experiences and thoughts about your product or brand.

These are often shared in the form of testimonials that can sometimes be found on social media or as blurbs on your website or product packaging.

Having your product backed and championed by the right people is an effective way to spread brand awareness and build brand loyalty.

It’s all about trust. Can your consumers trust you and does your audience trust your brand advocates?

Having official testimonials that can be attributed to a real consumer helps to create authenticity, credibility, and trust with potential customers.

If your brand advocates are passionate about your product or service and share how it’s truly made a difference in their lives, potential customers are more likely to trust what you have to offer.

Especially if they feel like your brand advocate is a reliable source.

Brand Equity

Another brand objective you may have is to build or compete for brand equity.

Consisting of some of the other components we’ve discussed here today, brand equity is an extension of brand recognition and also factors in your brand image and brand loyalty.

The term brand equity refers to an increased value associated or applied to a product with a recognizable brand name. In other words, it’s the extra cost of purchasing from a brand name.

That’s why you might hear people say that “brand names cost more” or that “brand names are more expensive”. That’s because quite frankly, it’s true.

Customers that trust your product, have a positive perception of your brand, and are loyal to your brand name are willing to ignore the premium that they have to pay to purchase your product.

Oftentimes, the cost to make a product is the same for both a large, widely-recognized company as well as its generic competitor.

This means that because the established company can charge more for its products, it can make more of a profit, which is what brand equity is all about.

It’s clear to see why brands compete for brand equity and how beneficial it can be to the success of a company.

Achieve Your Brand Objectives with The Branded Agency

Now that we’ve gone over eight common brand objectives, where do you go from here? Just because this blog post is nearing its end, doesn’t mean you’re on your own.

Our innovative and experienced team at The Branded are here to help you achieve your brand objectives.

Head on over to our page on branding to take a deeper look at our digital marketing and branding services.

We provide for all of the different branding components.

We’re committed to working with you to determine which brand objectives would be beneficial for your business to focus on as well as how to go about doing it.

Our experience allows us to come up with an effective strategy for a branding or marketing campaign that is unique to you.

If you’re looking for some knowledge or assistance in other areas, don’t hesitate to check out our services pages for a full breakdown of how we can help you and your brand achieve success or feel free to send us a message to grow your business!

We look forward to hearing from you!

Here are some very specific step by step branding guides for: Real Estate, Lawyers, Accounting, Doctors, Dentists, Optometrists, Jewellery, Makeup & Beauty, Skincare, Pet Food, Fashion and Construction.