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Raising Brand Equity Online
Posted: Dec 13, 2022
What is a Brand?
The brand is a name a logo or an entity that identifies a company, its products, and its services. It is at the top of the pyramid under which company products and services reside. The name is enough to instill faith in products and services. However, customers have become cautious about buying products and services from new companies and they still review new entries carefully before committing even if the brand is famous.
Some brands are universally recognized and their products raise fewer queries during the purchase of hire. Some brands are popular at the National Level while some are well-known regionally and even locally.
Brand Equity
Although a brand is just a name, it is a holistic identity, and companies and LLCs leave no stone unturned to promote their brands. Successful brand promotion raises equity or value and products and services sell fast. But promoting a brand is alright as far as awareness is concerned, but real-time equity and identity are raised after a long experience with the products and services. New brands rely on reviews and referrals. These are available on eCommerce sites and trusted review sites as well. Thus, a brand becomes worthy with the time-based trial. Enhanced positive brand perception among the customers is good for achieving companies objectives and vision.
What is brand promotion?
Brand Promotion is creating a reckoning or awareness among the target audience. It is a long-haul exercise using extensive offline and online campaigns. Companies employ strategies for promoting their brand or name. Offline promotion calls for intense advertisement campaigns. The most popular media is the TV nowadays followed by newspapers and magazines, hoardings also play a major role in creating awareness. These campaigns are capital-intensive and are within the capacity of big businesses and LLCs.
Brand promotion is central to business selling products and services. In the case of professionals, it is reputation building but the exercise is similar to the digital media. People usually mix up branding and professional reputation building but there is a thin line drawn between them.
Online Brand Promotion
The other option is an online campaign involving SEO and digital marketing. These campaigns are organic as well as paid. Most of the big companies use a combined approach while some also continue with offline advertisement.
Online organic campaigns are complex time consuming but are the best solutions to creating brand awareness and equity. The components used are digital marketing and search engine optimization. They are not capital-intensive but require teamwork and expertise. Several platforms are utilized that includes social media, internet publishing sites, and blogs to name a few.
Content creation is creating long-form articles, visual contenting, videos, and graphics. Like in content marketing the graphics are spread over several platforms. The process includes email marketing, sending newsletters, and value letters as well.
The concept behind digital marketing is to create awareness among the target audience, engage them to create trust, and then convince them to take the desired action of creating an affinity. The purpose behind the whole campaign is to raise brand equity through enhanced customer perception. These are the practices followed by a brand promotion agency everywhere in the World.
About the Author
A group of writers at Above the Fold Digital Marketing and Web Development Company in Mumbai India
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