Strategy+Design

Blog Post

The Digital Business

Does the CEO know about Brand Strategy?

Brand building is a crucial aspect of any successful business. It’s not just about creating a catchy slogan or designing a pretty logo, but rather it’s about creating a meaningful and memorable experience for your customers. As the CEO of your company, it’s your responsibility to understand the importance of brand building and how it can help you grow a stronger, faster-growing business. In our interaction with business leaders, we often run into top executives that either don’t understand or feel comfortable prioritizing the development of a corporate brand when they set up the business goals and strategies to achieve those goals. 

We want to explore why CEO’s need to properly understand brand building and how they can learn more about creating a brand strategy to help grow a stronger, faster-growing company.

To start we believe it’s safe and universally acceptable to state that brand building is essential to the formation of a strong reputation for your company. Your brand is what sets you apart from your competitors and helps you establish a unique identity in the market. When this one element is strong, customers are more likely to trust you, recommend you to others, and remain loyal to your business over time. As a CEO, it’s important to understand how your brand affects your company’s reputation and how you can use it to your advantage.

Another key point, brand building can help you attract new partners, take on lead-generation duties and increase revenue. When you have a strong voice and unique style, you’re more likely to be top-of-mind for potential customers when they’re in the market for a product or service that you offer. Additionally, the company can justify premium pricing when you have a strong position in the marketplace, since customers are willing to pay more for products and services they perceive as high-quality and trustworthy.

So, how can CEO’s learn about branding terms and strategic concepts? Here are some tips:

  1. Read books and articles about brand strategy: There are many great books and blogs written by branding experts that can help you understand the fundamentals of brand development and strategy. Ask us for ideas.
  2. Attend workshops and conferences: Look for workshops, courses and conferences that focus on the key elements of brand building. Attend them to learn from industry experts and network with other business leaders.
  3. Hire a branding consultant: If you’re not confident in your ability to add inputs to the process, hire a  brand strategy team to guide and educate you. 

If the C-level executives understand the value of the marketing process or brand strategy, the development will be a smooth and highly effective process.

So, what role should the CEO play in the development of the corporate brand? How comfortable is your CEO around branding terms and ideas?

Brand Strategy guidance is crucial for the C-Suite. We can help with that.

Leave a Reply