{"id":1521,"date":"2022-07-31T17:38:41","date_gmt":"2022-07-31T13:08:41","guid":{"rendered":"https:\/\/crenov8.com\/blog\/?p=1521"},"modified":"2022-07-31T17:38:41","modified_gmt":"2022-07-31T13:08:41","slug":"important-branding-facts-you-should-know","status":"publish","type":"post","link":"https:\/\/crenov8.com\/blog\/important-branding-facts-you-should-know\/","title":{"rendered":"Important Branding Facts You Should Know"},"content":{"rendered":"<p>Branding is commonly considered to be one of the most important components in the success of any organization.<\/p>\n<p>Creating a strong brand extends well beyond the logo, font, and products you offer.<\/p>\n<p>Your brand is an opportunity to share a story with your customers.<\/p>\n<p>What distinguishes your company from others is the customer experience you offered, the culture you fostered, and most notably, the way you conduct business.<\/p>\n<p>Customers&#8217; perceptions of a company are shaped by its brand.<\/p>\n<p>What your company believes should be reflected in your brand.<\/p>\n<p>At every stage of your company&#8217;s development, you should focus on building your brand and implementing an effective brand strategy.<\/p>\n<p>When asked to describe their business model, many businesses struggle.<\/p>\n<p>A brand&#8217;s identity must be clear and authentic in order for it to be successful.<\/p>\n<p>Consumers must be emotionally connected to businesses in order\u00a0to be successful.<\/p>\n<p>Your company&#8217;s brand can help it stand out from the crowd.<\/p>\n<p>Customers value businesses with consistent brands.<\/p>\n<p>Brand consistency is ensuring that your brand values, identity, and communication are consistent throughout all channels of your organization&#8217;s communication.<\/p>\n<h4>We&#8217;ve compiled a list of important branding facts for you:<\/h4>\n<p>Authenticity is important to 88% of consumers when choosing brands.<\/p>\n<p>46% of people would pay more for reputable brands.<\/p>\n<p>Brand consistency increases revenue by 33%.<\/p>\n<p>73% of consumers say customer experience influences purchases.<\/p>\n<p>79% of consumers agree that user-generated content influences their purchases.<\/p>\n<p>73% of customers\u00a0love a brand whose customer service is friendly.<\/p>\n<p>74%\u00a0of consumers develop brand loyalty through content.<\/p>\n<p>&nbsp;<\/p>\n<p><b>Read more on Crenov8:<\/b><\/p>\n<p><a href=\"https:\/\/crenov8.com\/blog\/fostering-innovation-through-user-experience-design\/\">Fostering Innovation through User Experience Design<\/a><\/p>\n<p><a href=\"https:\/\/crenov8.com\/blog\/what-is-customer-empowerment-and-how-can-it-be-achieved\/\">What is Customer Empowerment and How Can It Be Achieved?<\/a><\/p>\n<p><a href=\"https:\/\/crenov8.com\/blog\/the-7-steps-of-new-product-development-process\/\">The 7 Steps Of New Product Development Process<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Branding is commonly considered to be one of the most important components in the success of any organization. Creating a strong brand extends well beyond the logo, font, and products you offer. Your brand is an opportunity to share a story with your customers. What distinguishes your company from others is the customer experience you [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1522,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[181,456,180,238,199],"tags":[187,578,576,254,573,186,574,579,208,581,580,371,276,469,228,585,577,229,166,177,439,152,25,584,305,582,583,575,438],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v15.2.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<meta name=\"description\" content=\"Branding is commonly considered to be one of the most important components in the success of any organization.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/crenov8.com\/blog\/important-branding-facts-you-should-know\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" 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