How to Build a Strong Brand in the Digital World

how to build digital brands

As of March 2019, there are 4.3 billion internet users in the world according to Internet World Statistics. Bird the electrical scooter company reached the valuation of $1 billion in 1. 25 years. It is the fastest startup to reach the valuation of over $1 billion.

There are scores of start-ups which have reached the landmark unicorn status in less than 3 years. Compare this with earlier generations that took decades to touch the reach & valuations that these start-ups enjoy.

The fast growth of several of these start-ups can be attributed to digital technologies. They have been able to reach out to their customers and scale their products and services to customers.

The way businesses operate and transact is undergoing transformation in the internet driven world. People have access to vast networks of friends, information and connections in the digital world.

Here are 8 tips for building your brand in digital world and how you can reach out to more customers:

1. Define your Audience

Define your Audience

The first step in building a brand is knowing your target customers. Identify the ideal customer base for your products and services, what they like, dislike, need etc.

Create a strong messaging to address the core group and customer base for your products and services. Great brands learn to communicate the benefits for the customers in a subtle way. They reach out to the emotions of people and build a strong connect with them. Consistent messaging leads to brand recall and creates a stronger perception of your company.

Here are few examples:

Housewifes with spare time

Tech savvy & young business persons

College students eating out

Executives and busy professionals

2. Determine Goals

Going online without a clear roadmap will lead you nowhere. Don’t copy what others are doing, but build your strategy around your strengths and weaknesses.

Think about what customers need to know and learn about you. How you can market your best products and services to them. Do you want to create an online store or simply want to create a strong branding presence?

Many brands with a successful digital presence start with basic branding and marketing. If you are able to generate a steady stream of users with your digital marketing efforts, these are highly likely to generate business opportunities for you as well.

3. Visual Design and Aesthetics

Visual Design and Aesthetics

How do you differentiate yourself in the marketplace? One of most effective  ways companies can do that is by great designs. The designs are playing an increasingly bigger role in building bigger and better brands.

Companies are employing designs to provide interactive solutions to their customers today. Whether it is their websites or products & services, successful companies are able to use good designs to connect with the customers.  

Good designs are able to help a brand communicate its messaging, build superior products and services, engage and attract customers. The digital world is highly visual and companies need to create compelling experience for their customers today. 

4. Delight Customers

The customer has more options than ever before. If you have to stand out, you need to deliver great experience for the customers. A delighted customer is the best marketing strategy for a business.

The digital tools make it very easy for customers to spread the word about your business. Look at everything from customer’s perspective and reengineer things according to their needs.

Gaps can be harmful, but if you take care of issues proactively for customers they are likely to recommend you to others too.

5. Positive Difference

Positive Difference

Would anyone care if your company were to disappear today? Great brands give customers a reason to bond with them. They create a positive difference in the lives of their customers and stakeholders.

The digital world is full of noise. But when you communicate with purpose, consistency and make a positive difference, your brand will get noticed. It will create its own sphere of influence. It will be able to attract great opportunities and spread hope.

6. Create & Promote Content

Before you go online, your company should create a content strategy. A good content strategy takes care of customer pain points, addresses their concerns and helps them provide valuable information.

Successful brands are able to create a style and voice that suits their target audience. For e.g. brands like Coca-Cola, Virgin etc are able to create a positive and vibrant tone.

Your brand needs to identify its tone, core messaging and create high quality content around it. You can create videos, interactive blogs, GIFs, infographics, white papers for your customers.

Next, you can prepare a content promotion plan. The number of shares and links to your content is a good metric to see the extent of its popularity.

7. Think Digital

Think Digital

Companies need to understand the psychology of digital users. The purchasing behavior of customers has changed today. Any purchase begins after doing a Google search. People tend to research before they buy stuff more than ever.

When brands create high quality content and promote it, they are likely to be higher on searches. Companies need to build their products and services for digital consumption.

How companies use their blogs, social media channels and online presence to reach customers can make a huge difference.  Creating valuable content, promoting it on the right social media channels and attracting the ideal customers is all part of the winning strategy.

8. Find Influencers

We are living in an era of too much noise and little substance. It is easy for companies to get lost in the crowd.

With social media and online platforms playing a bigger role in building brands, it serves well to have a network of influencers. These influencers are known for their expertise, skills and relevant followers.

A social media influencer leads conversations, sets the agenda and shapes opinions about organizations and brands. These major influencers can be identified by their presence on social networks, their organic reach, followers on twitter and LinkedIn, the influence of their networks and how well connected they are.

When your brand is endorsed by key influencers in your field, it builds a favourable image and establishes its credibility.

How Social Media Helps Business Growth

Social media for business

Social media is one of the best ways in terms of business expansion. You can reach your potential buyers and let them explore more about your product or service. Social media has become the quintessential element of branding in the digital world.

Effective use of social media turns out to be cost effective and powerful tool when it comes to business growth.As per the surveys conducted, it has been found that, 92 percent of the marketers believe that social media usage is effective in boosting sales and is a vital part in marketing.

About more than 50 percent of the small business enterprises have seen a major growth and increase in sales by using social media tools. Many brands are employing social media for generating traffic, customer interactions, generating leads, closing deals and even customer service.

Small & medium scale businesses can leverage social media and focus more on generating traffic, creating brand awareness and building a community; rather than trying to beat large companies in terms of money, stamina and time.

Have a walk-through to this article and see how social media helps in business expansion and multiplying opportunities for your company.

1. Decide your Platform

This is a first step towards a successful social media strategy. Decide which social media platform you need to use to reach your potential customers.

For e.g. if your brand targets youngsters in the age group of 18-30, Instagram or Snapchat could be good for you.

LinkedIn is the best for connecting with business and corporate users. Facebook ads can increase your mass reach. Twitter is particularly good for connecting with influencers, creating awareness about your brand.

For sharing videos & creating compelling stories about your business, you can use Youtube.

Know your target audience and see where you can spread more awareness about the product or service you are selling.

Create a platform strategy for social media platform which are most relevant to your business. Post religiously about the company and its products so that people get to know and are well-versed with your offerings.

2. Create Brand Awareness

Create Brand Awareness

Know that you have created a setup for your online marketing, it’s time to create popularity among the prospects. This will help in creating recognition and form an identity. There are certain tracking metrics that you can use to track down your customer.

Reports show that 60 percent of people said that they discover new product through the social media platforms.

a). Mentions: This will help you to know how many times and where your business name has been mentioned or used.

b). Location: This feature enable you to find your customers’ location; hence providing an opportunity to grow.

c). Impressions: Impression means a number of times post have been viewed or popped up in one’s feed. This will help you to know your brand’s progress.

d). Followers growth: Track down the number of followers and the time taken to gain them. If a certain post attracts more people, create more of it.

e). Leads: What is the total number of leads generated from the social media platforms.

f). Conversion rate: Analyse the conversion rates on leads generated from social media platforms for your business

g). Revenue: To calculate the ROI, track the cost per lead and customer acquisition. The overall revenue growth for your business.

This will help in generating tremendous gain and popularity of the brand among the users. Track and generate traffic using analytics tool to procure a large volume of audience.

Social Media can help you attract the right leads and build strong awareness, which can improve revenues for your business.

3. Sharing Visuals

Visual images play an important role in social media marketing. People mostly get attracted by viewing pictures and videos. So, use more pictures whenever required to drive audience towards your marque.

Create content that is hypnotic and visually stunning. It will get you more shares, mentions and ultimately create business opportunities.

4. Quality Matters

Quality Matters

This is an important aspect as quality matters over quantity. Create quality content that will help you in connecting with your audience and expanding your business. Build  honest content that will drive your prospects and build relations.

According to Stackla, 86 percent of consumer like authenticity and not fakeness. Businesses that are creating quality content for their customers and offering them true value derive better ROI from social media platforms.

5. Respond to Conversations

It is crucial part in gaining brand awareness and fame. Responding to the comments or messages on the social media to generate leads. Start a conversation like asking a question or doing poll. This is attract audience and keep them engaged with your brand.

Social media is also helping businesses to gather useful feedback from potential customers, take their inputs for improving products & services, as well as provide support to existing customers instantly.

6. Monitor your Competitors

Monitor your Competitors

It’s important to have a good knowledge about your competitors. See what audience is saying about them on social media. This is one of the best opportunities to grow ahead of them by finding your competitors’ cons. Mention their pain points and tell how your product can provide the solution. This will help you win more trusted prospects.

Monitoring your competitors on social media implies that you are aware about their products, services and fame in the market. Take this as an advantage and try to beat them by constantly engaging with the leads and producing better products.

If you are not taking the advantage of social media platforms, then you surely are missing on the most inexpensive, fast and efficient way of marketing and reaching almost half the population of the world.

So, start using social media platforms wisely to boost sales and grow your business. Good luck!