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Brand awareness is consumer’s familiarity with your organization and services. This includes brand recognition – the ability of people to recognize your brand logo or name and the associations they have with you. Brand reputation directly impact your sales rates and your organizational success. Your organization marketing doesn’t have to be challenging. It can focus around simple techniques that gain awareness and retention. Research indicates that growth in your share of voice can drive growth in market share. This means that the brands which start to control more of the conversation within the industry space online will see brand awareness and control over a greater percentage of the market.
This type of organization marketing will help build their business and increase their revenue. People’s relationships with brands also drive purchases and their loyalty. Eighty-nine percent of consumers say they will purchase from a brand that they follow on social media. Building brand awareness and loyalty will also be a critical component of increasing revenue. Finding new customers can cost five times more than selling to existing customers. A five percent increase in retention can drive a 25-95% increase in revenue.
Here are three ways to build brand awareness:
Building a brand and brand awareness can be done through a data-driven content calendar. Regularly publishing high-quality material that addresses the needs of your users will help establish you in a position of trust. Do you want to increase awareness and build your reputation? Show that you’re the site to turn to when people have questions about your industry. To accomplish this:Increase brand recognition with BrightEdge
Following these four steps of brand awareness to create quality content will help you bring more readers to your site, encourage backlinks, and grow your following consequently increasing brand recognition. Interestingly, more than 75 percent of consumers purchased from a new brand during the 2020 global pandemic. It is more important now than ever before to have a great digital footprint. Creating the quality content your target audience wants to see will help your awareness and brand growth on multiple levels.
Let’s define brand awareness and brand recognition in terms of social media. In 2020, 80 percent of the people in the US have at least one social media profile. The popularity of these platforms make them an excellent means of connecting with people, exchanging ideas, and communicating. Businesses can use the sites to build relationships and awareness with the target consumer populations by cultivating followers and building engaging profiles. When you create effective social media pages, you provide your customers with a means of connecting with your brand more personally.
Consumers today are very interested in the idea of personal relationships with the organizations they do business with. They do not want to feel as though they are speaking with a nameless entity. Instead, they want to feel connected to a brand and even an actual person who is interested in their unique needs and will help solve their problem.
Social media sites can be the perfect means of creating this type of relationship and increasing brand awareness. Something to remember is there is no need to be on every social media platform out there. If one social platform drives more traffic to your site and creates brand recognition, spend your time focusing on that one. For example, most photo-heavy companies see daily traffic on Instagram and Pinterest and build awareness there. But there are those B2B companies that see plenty of interaction on Twitter. Find what social media platforms work best for your business. Here are some tips for your organization marketing on social media:
Social media provides you with the perfect means of having this daily interaction, which will build your brand recognition and positive brand associations.
Thought leadership will establish you as a leader in your field and increase brand recognition. Brands that are able to demonstrate their authority are looked to as trusted professionals that can help customers resolve their pain points. As you work to build awareness through thought leadership, you will also be interacting with customers on a variety of different platforms. This can be a helpful means to building awareness because you will be demonstrating your expertise in front of new audiences. As you expand your reach, you will increase your share of voice.
Find industry publications where you can offer your insights and knowledge. At BrightEdge, our CEO Jim Yu, for example regularly publishes on Search Engine Watch, Marketing Land, and Search Engine Land. Remember that the chief goal of brand awareness is establishing your authority, although some publications can also serve the dual purpose of cultivating backlinks and traffic back to your website.
To successfully build a brand, you need to pay attention to your reputation and brand awareness. The associations and interactions people have with you will greatly impact sales and growth. Consider using these three means of building awareness to start creating an effective, growth-oriented organization.
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