The upsides of branding in an ever-evolving world
Studies have shown that youngsters from age 2 already recognize brands and are loyal to them. Adults too are greatly influenced by publicities and a well-made ad can now make or break a product. Such an impact didn't go unnoticed and we now live in what is arguably the most ad-filled era to date. From newspapers to radio and television, publicities now invade restrooms, schools, internet and numerous other medias and locations. Branding is undisputably effective and beneficial for companies, but it is my opinion that it is in fact, in some effect, profitable for both parties.
First of all, publicities put the spotlight on some new products that would’ve never been known otherwise. Indeed, the best way for an emerging company to put itself on the map and be noticeable is by branding their product in an attractive way, tempting potential buyers to, at least, try their brand. Without this way into the consumers’ head, new companies wouldn’t stand a chance against the big players of the industry and only a few (if not none) of them would make it past the first fiscal year.
This beneficial aspect of branding is also profitable for consumers. As a matter of fact, it is the only way for customers to learn about new products, newer technologies and innovations in a specific field. Without the importance given to branding, consumers would probably stick with what they know and appreciate, and never realize that there is better products out there.
Also, a brand’s name can be a token of quality, effectiveness and durability. This, of course, is really advantageous for the company. Indeed, when a company makes good, durable and convenient products, they become recognized for that. This create brand loyalty among satisfied customers, guaranteeing them an allegiant consumer base, as long as their products represent the qualities they became known for.
This is a positive thing for customers too: when a person must decide between two or numerous different brands, this kind of good reputation for a company can cut the mustard. Consumers can trust certain brands for they are aknowledged for their reliability, or for their environmentally-friendliness, or simply for their effectiveness. The branding of the product, by creating a certain image, makes it easier for customers to identify themselves with a company, therefore facilitating their decision making process.
Although publicity is despised by the majority, these aspects of branding prove themselves beneficial for both the company and the customers. Without branding, new companies would get tossed out by large multinational players. Also, consumers would never get a grip on new products, for those would never be advertised. Likewise, branding generate the image of a company, making it more reliable for some, and it helps establish brand loyalty amongst customers. At the same time, this helps the consumers themselves choosing the right product for them. So, even though publicity is slowly getting everywhere, it is undeniable that it has a good side, even for the population. It has, in fact, grown to become essential in an industrial world getting larger by the minute.
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