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Digital branding is a technique that leverages the power of the Internet and digital mediums to develop a brand – the specific identity or image of a company. It empowers businesses to spread their reach across several platforms and generate a constant flow of leads. The following channels form an integral part of digital branding. Adding a digital branch to your brand is the one thing that can make that happen. Moxtra empowers persistent relationships and stronger customer engagement in an era of constant disruption.
By | March 4, 2019
The digital transformation that has reshaped industry after industry has come to professional services — profoundly impacting how a firm’s brand is shaped and communicated. Digital branding is here to stay.
Digital BrandingDefined
Digital branding is the process of creating and promoting the online identity and brand story of a firm or individual. It typically involves using online channels such as websites, social media, webinars, search engine optimization, online reviews, guest blogging, earned media and digital advertising to build engagement and drive greater exposure.
In the context of professional services, you can think of your brand as the visibility of your reputation. This broad concept includes both digital and traditional offline approaches to brand building. So the obvious question is, “How important is your digital brand?”
The Importance of Digital Branding
In our increasingly connected word, it is safe to say that digital branding is more important than it has ever been. But how important is it?
Two recent studies from the Hinge Research Institute shed some light on this important question. They investigate how professional services buyers’ behavior has changed and what strategies are driving exceptional growth in today’s professional services firms. Together these studies demonstrate the central role of a firm’s digital brand throughout the buying process.
Researching Business Issues. The professional services buying process starts well before a buyer considers specific providers. It starts with a business problem. Business issues and concerns arise all the time, so each must be evaluated and prioritized. Is this issue important enough to focus on? What are my competitors doing about it? What are possible solutions?
How does a busy executive investigate these topics? It usually starts with a simple Google search. But if you aren’t writing on the topics that your prospective clients are searching for — and optimizing your content to appear in their search results — you are invisible to a significant portion of your market. And you aren’t building an online reputation as an authority in your area of expertise.
In fact, when we looked at all the information gathering techniques employed by professional services buyers, we found a 70% probability that today’s buyers will use a digital source in the early stages of their research into business challenges. (See Figure 1).
Figure 1. Probability buyers will use each channel type to research a business challenge
Identifying Service Providers. Once these fact-finding executives conclude that their problem is worth solving — and they realize they can’t fix the problem themselves — they become professional services buyers. They begin looking for providers that are well-qualified to address their issue and start drawing up a list of potential vendors.
Now, if during the Google research phase your content helped these executives understand and diagnose their issue, your firm will make it onto that list. You will have established credibility — and will be perceived as an authority on the very problem they have.
If your firm did not surface during that search, however, you will need to be found some other way to even be considered. Traditionally, this has been where buyers turn to a friend or colleague to ask for referrals. But requests for referrals have decreased by 15% in the past 5 years. In the same time period, the use of online search to identify possible providers has increased by 65%.
Firms with a weak digital brand are at a clear and growing disadvantage when it comes to making that list of possible providers. For the lucky firms that made the list, the next step is surviving the evaluation process.
Evaluating Service Providers. What role does your digital brand play in the final selection process? As it turns out, it’s pretty important.
For starters, 87% of buyers have ruled out a firm before even talking with them. Ouch! So if you are counting on your charm and sales skills to carry the day, you may be in for a big letdown.
For most buyers, their first stop is your website. But that is only the beginning. Across all channels, there is a 72% probability that buyers will evaluate you based on interfacing with your digital brand, compared to a 28% probability of evaluating you based on traditional methods.
Figure 2. Probability buyers will use each channel type to evaluate service providers
Your digital brand impacts your business development process in many ways, and it is a critical factor in driving or limiting growth. A similar case can be made for its impact on talent acquisition.
Examples of Digital Branding
Real-world examples of digital branding aren’t hard to find, if you know what to look for. In this section, we highlight three digital brands at businesses of different sizes: an individual expert and a large professional services firm.
Case Story 1: Seth Godin
At Hinge, we call them Visible Experts®— those individual experts that rise to prominence in their fields. And Seth Godin, the guru of marketing, is a prime example of a Visible Expert who uses digital branding to maximum effect. His blog, which was named one of the top 25 blogs by Time Magazine, is read by more than a million marketers. His Twitter account has 672,000 followers. And he’s delivered multiple TED talks.
Visit his website, blog, Twitter page — or anywhere he dwells in the digital landscape — and his brand is instantly recognizable. From his bald pate and distinctive glasses to the egg-shaped headshot that has become his personal signature to the yellow and orange colors that appear on all of his online platforms, there is no mistaking whom you are dealing with. But his brand is more than visual. Seth’s “voice” — his entertaining, approachable style of writing — is as much a part of who Seth is as his face or his color palette.
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Figure 4. Seth Godin’s blog
Case Story 2: S&ME
S&ME is an ENR Top-100 engineering firm with over 1,100 employees and 36 offices across the US. As part of a comprehensive rebrand, our firm tackled key aspects of their digital brand, including their website, social media platforms and brand voice. Bringing unity and consistency to S&ME’s brand was a tremendous challenge for such a far-flung enterprise. We developed a new website and matching social media branding. And as part of a company-wide brand rollout, we developed a brand book and video to explain their new positioning, brand personality, voice and other features of their new identity.
You can view the full case story here: S&ME Rebranding
Figure 6. S&ME’s new website is the most widely visible component of the firm’s digital brand
Figure 8. We documented key characteristics of the firm’s brand — online and offline — in a brand book
Developing Your Digital BrandingStrategy
Your digital brand and your offline (or traditional) brand are not two different things. Rather, they are components of a unified whole — at least they should be. They are simply two different ways to communicate your reputation and tell your story.
That means the process you would use to brand your firm applies to both components. But it’s not quite that simple. Many firms have neglected or under-resourced their digital branding initiatives. This puts them in a position of having to synchronize their digital strategy with their offline branding and accelerate digital brand building.
Here’s how to get your digital brand strategy up to today’s standards.
- Start with your business goals.
Digital branding should not be done in a vacuum. You need to consider your overall strategy: What business goals are you trying to accomplish? Are you trying to attract new clients? Reposition your firm in a competitive marketplace? Attract top talent?
Knowing your specific business goals will help you set priorities and make the best use of your limited resources. Once you have your end objectives in mind, you can determine which metrics to watch so you have the intel to make course corrections along the way.
For example, if your top goal is to drive new business, you’ll want to monitor the number of new leads you receive and how many proposals you win. If talent acquisition is your goal, you will want to track how many qualified candidates you get.
- Research your target audiences.
Skipping this step is one of the easiest ways to get your strategy wrong. Why is it so important? As we discussed above, buyer behavior is evolving rapidly. A lot of firms have an outdated view of digital branding and have little idea how their clients and referral sources behave in the online world.
You need a good grasp of what issues and topics your target audience is interested in, as well as which digital platforms they use in their business. Potential buyers will visit your website and use online search, but what else? As you increase your understanding of your clients’ top issues (to inform the content you produce) and usage patterns (to inform where you reach out to your audience), your digital brand will become more relevant and powerful.
- Synchronize differentiators and brand positioning.
Differentiators and market positioning are central to a strong brand. At this step, you are trying to ensure that both your digital and traditional brand are in synch. It may seem obvious that they should be aligned, yet at many firms they have drifted apart, sometimes to an alarming degree.
How does this happen? Sometimes, firms ignore key aspects of their digital brand, such as their website or social media. Other times, an individual takes one aspect of the brand in a direction that is at odds with the rest of the brand. Are you serious or fun-loving? What will it actually be like to work with you? Mixed messages are destined to confuse.
- Build a consistent brand identity.
Is your brand visually consistent? Is logo usage the same in the digital and non-digital worlds? Do you look like the same firm when someone visits you online as when they visit your office?
Achieving and sustaining a consistent brand identity is not easy. The natural pattern is to devolve into mismatched chaos. Don’t let that be your fate. One practical tool is to create brand usage guidelines. They should cover not only the visual elements of your brand, such as logo usage and colors, but describe your brand’s tone and style, as well.
- Synchronize your content strategy.
Most firms understand that it’s important to keep their visual brand consistent. But when it comes to delivering a consistent content strategy, well that’s more elusive. What issues will you will write or speak about? What tone and approach will you take? These are the sorts of questions you need to answer up front.
It’s one thing to claim that you have certain types of expertise in your marketing collateral or web copy. But demonstrating that competence on social media or in your blog is quite another. The goal is consistency. You should strive to be consistent in approach and competency, no matter where a prospect interacts with your brand.
- Develop your brand-building plan.
This is the exciting part of your digital brand. Our research on the fastest growing professional services firms has shown that digital brand building is exceptionally efficient and scalable. So it is actually easier and less expensive to increase the visibility of your digital brand than it is to build your brand the traditional way.
Digital Brandingchâ U Thô Ng Phan -
And in many ways, it makes intuitive sense. Consider networking on social media versus attending a live networking event. Or consider the expense of a webinar versus an in-person seminar. Cost and convenience do matter. If you have done your research in Step 2, you will have a good fix on which digital channels are the best fit for your target audiences.
- Monitor and adjust implementation.
There is more good news on this front, as well. Monitoring the impact of digital branding is also easier than its traditional counterparts. Many digital tools have built-in tracking analytics. Want to track website visitors? No problem. How about social media engagement? Clearly a lot easier than tracking engagement at a live networking event.
As with any marketing activities, tracking and adjusting will improve the effectiveness and efficiency of your marketing. Since digital branding is easier to track and control, it is arguably easier to improve than tradition brand building activities. This has certainly been my personal experience.
A Final Thought
Your digital brand is central to the success of a modern professional services firm. It impacts the entire buyer’s journey and can be instrumental in winning new business and securing top talent. Getting it right can make all the difference in the world.
Additional Resources
- Get strategies, tips, and tools for developing your firm’s brand with Hinge’s Rebranding Guide for Professional Services Firms.
- Turn your firm into a high-visibility, high-growth business. Download our free executive guide, The Visible Firm®, in which we lay out an in-depth roadmap of this research-based program.
- Uncover your firm’s true differentiators and give buyers a reason to pick you out of the crowd in the Differentiation, Positioning & Messaging Course available through Hinge University.
How Hinge Can Help
Hinge specializes in all aspects of the branding and brand building for professional services firms. Hinge’s Branding Program can help your firm stand out from the competition and build a distinctive brand that drives sustained growth.
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Digital branding is a brand management technique that uses a combination of internet branding and digital marketing, online marketing to develop a brand over a range of digital venues, including internet-based relationships,[1]device-based applications[2][3] or media content.[4] It has emerged strongly over the last decade along with its roots from direct marketing.
Concept[edit]
As opposed to digital marketing, digital branding aims to create connections between consumers and the products or service being delivered[5][6][7] so that brand recognition is established in the digital world.[8] In short, the goal of digital branding is not necessarily driving sales, but enhancing the awareness, image, and style of the brand. Digital branding in turn drives long-term customer loyalty.
Brand establishment involves four key points:[4]
- Building a digital brand story
- Creativity in digital media and marketing
- Digital channels and content distributed to channels based on consumer data and habits
- Creating digital relationships.
The digital impact on branding[edit]
- Prior to the internet, information about companies and consumers was somewhat limited due to access to information, geographical separation, and lack of interaction.[9] The existence of internet and websites has transformed branding.[10] Websites facilitate online marketing and sales, as well as collecting comprehensive data on customers.[11] The internet has transformed interaction between brands and customers.
- Companies now have a powerful online means to showcase their brand identity and value in an innovative, efficient format. The digitization has provided the brands with new methods of customer engagement and consistent branding promotion. It has heightened the connectivity between brands and consumers.
- Another impact on branding practices is the emergence of value co-creation as an alternative way to long term customer relationships, customer loyalty and eventual profitability. Joint effort is formed between the companies and customers during the various stages of the product. It strengthens the bond and builds loyalty and customer engagement.[12]Coca-Cola is a great example of successful value co-creation.
- In addition to engaging with the customers, there is increasing and active collaboration between the companies and their business intermediaries. This leads to collaborative and healthy promotion, innovative re-designing and a sense of co-existence among competitors in the market. One example of this is how Coca-Cola collaborated with Heinz to develop more sustainable containers.
- Every user of the internet will eventually need a product or service. Digital Branding services positions a brand in such a way that connects to those users, the right audience.. Effective Digital Branding involves a number of methods such as Search Engine Optimisation (SEO), 'online advertising, content marketing, social media, and influencer marketing'.
Digital Brandingchâ U Thô Ng Phan Price
Digital branding channels[edit]
According to Mabbly CEO, Hank Ostholthoff, digital branding is facilitated by multiple channels. As an advertiser one's core objective is to find channels which result in maximum two way communication and a better overall ROI for the brand.[4] There are multiple online marketing channels available, namely:[13]
- Internet branding
- Search marketing[14]
- Social Networking[15]
- Game advertising[16]
- Video advertising[17][18]
Benefits of Digital Branding[edit]
- Many channels available. Digital branding lets companies utilize a multitude of online channels. Channels range from broad to specific, so the digital branding message can reach customers in personalized ways.
- Message can go viral. The internet has allowed brands to be easily promoted, shared and recommended. Consistency of branding is key to building a strong online following.
- Customer interaction. Digital branding allows customers to interact with a brand in real time, and create a unique customer experience. Concerns and problems can be addressed immediately.
- Sets the brand apart. Effective digital branding will distinguish a brand from their competition, and will allow that brand to stay in the forefront of customer's minds.
- Better connections. Digital branding allows companies to better connect with their target customers, no matter what demographic.[19]
Personal digital branding[edit]
As social media platforms have been established and have evolved over the last couple of decades, digital branding has become personal. Individuals have taken to social media to brand and market themselves in building their personal and professional lives. Consequently, boundaries between the personal and professional are fading.
Those who participate in social media sites should be cautious to keep their social media content on a professional-level, or refrain from posting content they would not want colleagues or clients to see. Many universities and workplaces have established social media policies. A well-curated social media presence may be attractive to employers, while poorly representing oneself is an employment liability.[20]
See also[edit]
References[edit]
- ^'What is 'digital branding'? - Smart Insights Digital Marketing Advice'. Smart Insights. Retrieved 2016-03-12.
- ^Kompella, Kartikeya (2014-08-05). The Definitive Book of Branding. SAGE Publications India. ISBN9789351501046.
- ^Chiles, David (2013-05-08). Apps: Everything You Need To Know. David Paul Chiles.
- ^ abcOstholthoff, Hank. '4 Ways to Master the Art of Digital Branding'. The Huffington Post. Retrieved 2016-03-12.
- ^Shamoon, Sumaira, and Saiqa Tehseen. 'Brand Management: What Next?' Interdisciplinary Journal of Contemporary Research in Business 2.12 (2011): 435–441. Business Source Complete. Web. Oct 20, 2012.
- ^Wilson, Chris (21 April 2009). 'Interview with Brand Consultant and Author Marty Neumeier'. Fresh Peel. Retrieved 6 March 2014.
- ^'Branding Definition'. Entrepreneur. Retrieved 4 March 2014.
- ^Edelman, David C. (2010-12-01). 'Branding in the Digital Age'. Harvard Business Review (December 2010). ISSN0017-8012. Retrieved 2020-10-23.
- ^CPBI, Ryan Shelley. 'Then vs Now: How the Internet Continues to Transform Traditional Marketing'. www.smamarketing.net. Retrieved 2020-10-24.
- ^'The Evolution of Digital Marketing: 30 Years in the Past & Future'. digitalmarketinginstitute.com. Retrieved 2020-10-24.
- ^'How Do Big Companies Collect Customer Data?'. ITChronicles. 2019-01-14. Retrieved 2020-10-23.
- ^Wang, Yichuan (2014). Co-Creation in Branding through Social Commerce: The Role of Social Support, Relationship Quality and Privacy Concerns. Twentieth Americas Conference on Information Systems, Savannah.
- ^Pratik Dholakiya (14 April 2015). '3 Digital Marketing Channels That Work for Every Advertiser'. Entrepreneur. Retrieved 17 October 2015.
- ^Jansen, B. J., Sobel, K., and Zhang, M. (2011) The Brand Effect of Key Phrases and Advertisements in Sponsored Search. International Journal of Electronic Commerce. 6(1), 77-106.
- ^'4 Important Digital Marketing Channels You Should Know About'. Digital Doughnut. Retrieved 17 October 2015.
- ^Cocoran, Ian (2010-06-29). The Art of Digital Branding. Simon and Schuster. ISBN978-1-58115-802-1.
- ^Green, R. Kay (25 April 2013). '7 Highly-Effective Ways to Maximize Your Online Brand Presence'. Huffington Post. Retrieved 21 February 2014.
- ^Fallon, Nicole (10 December 2013). '7 Highly-Effective Ways to Maximize Your Online Brand Presence'. Business News Daily. Retrieved 21 February 2014.
- ^Madeleine. 'What is Digital Branding and How Can it Help Your Business in 2019? | Content Refined'. Retrieved 2020-10-24.
- ^Kleppinger, Courtney A.; Cain, Jeff (2015-08-25). 'Personal Digital Branding as a Professional Asset in the Digital Age'. American Journal of Pharmaceutical Education. 79 (6). doi:10.5688/ajpe79679. ISSN0002-9459. PMC4584371.
Further reading[edit]
- Ryan, Damian; Jones, Calvin (2009), Understanding digital marketing: marketing strategies for engaging the digital generation, Kogan Page, ISBN0749453893
- Carter, Ben; Brooks, Gregory; Catalano, Frank; Smith, Bud (2007), Digital Marketing for Dummies, John Wiley & Sons, ISBN9780470057933
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