Monday, 19 September 2016
The importance of your brand name
Hello readers, today I will be telling you about the importance of your brand name. You must have been to a store to pick up an item and you saw different brands on the aisle, I am sure you ended picking up the most popular brand. Individuals pick the popular brands most of the time except in situations when you may decide to pick a particular brand because it is cheaper and it provides value for money.
A good brand name gives your customer assurance. They feel assured that they are buying a product of good quality. It also makes customers know that a company is responsible for the brand, making them feel secure about the product; some of these brands come with warranty. A good brand name helps you promote your products, the product sells itself. Ths brand name serves as a marketing tool.
A good brand name can also help your customers refer family and friends through the word of mouth to buy your product. It also helps customers to remember your product when they have a need or want your product can meet. You will rather buy an item from Amazon.com or Konga.com as opposed to just any website you see online. As such a good brand name will reduce the risks associated with buying items online.
From above, you can tell that a good brand name will help you increase your market share. A new product from a reputable brand will do well in the market, as the brand is already trusted. You should create a good reputation for your brand by always delivering good quality products. A bad reputation will prevent customers from buying your brand, so work on making your brand reputable.
That is all for today, thanks for reading this article. Keep checking out my blog regularly. Cheers!