Marketing vs Branding: Touchpoints & Differences
Ana Balova
Strategic Marketing Leader | Business Growth Expert | Transforming B2B Companies Into Success Stories | Author | Advisor | 4 Exits | Follow for posts about Strategic Marketing and Digital Innovation
Marketing vs Branding: What is the Difference?
The aim of marketing is to promote your services or products, while the role of branding is to actively shape your brand, establish its identity and determine what it means to the world.
Branding and marketing have different goals and different results, so your company needs different strategies for each.
Branding comes first, marketing comes second?
Which comes first branding or marketing? Branding always comes before marketing in the process of building a business. Why? An undeveloped brand is hard to market.
Prior to developing a marketing strategy, focus on your brand. What makes you unique? What problem do you solve? How do you define your values? What will you tell your target customers? And how will you do it?
After you build your brand, you'll have a better understanding of who you are, your customers, and how to best connect with them and be able to develop marketing strategies that fit that vision.
You get a customer's attention with marketing. Branding is how you keep it.
In any industry, there are plenty of competitors. Marketing is essential if you want to make waves and get the attention of your customers. But once you’ve got your customer’s attention, you need something to hold it—and branding does just that.
In order to keep your brand in front of the right people," you need to build a brand that people can connect with. Marketing helps you break through the piles of data and reach the right people and if you are doing it right, it connects your brand with your Ideal Customer Profile (ICP).
To sum up, your brand needs the right marketing strategies to stand out from the competition and say to your customers: "Hello! I can solve your problem!" Branding is necessary to cultivate a relationship, create a long-term connection, and keep them coming back long after that first introduction.
Sales are driven by marketing, brand recognition and loyalty are driven by branding.
Content marketing, social media marketing, search engine optimization, banner advertising, affiliate marketing, etc. are all designed to generate results. And, most often than not, those results are revenue from sales.
However, branding is more long-term in nature. If you want to drive sales, branding isn't the best option. But it?is?the best solution if you’re looking to build brand recognition, drive positive brand sentiment, and foster customer loyalty, which is just as if not more important and which, coincidentally, will have a major impact on your ability to drive sales in the long run.
So, when it comes to sales, think of marketing as a sprint—while branding? That’s more like a marathon.
Branding is here to stay, while marketing strategies serve their purpose and end.?
Any interaction or communication with a brand is a touchpoint between the brand and its customers. Brand touchpoints are usually crafted by the brand in order to engage customers and give them the best brand experience possible.
The five consumer touchpoints include:
The consumer will be confused and likely shut out that brand if the brand doesn't send a consistent message.
In order to successfully market your business, you need to use strategies that are temporary, as each has a beginning and end.
Branding is a little bit different. Every step of the way, no matter where you are in your business, you will be working on defining your brand, shaping the perception of your brand with your target audience, and nurturing a deeper, more meaningful relationship with your customers. Your branding will have to grow and evolve as your company grows and evolves.
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Ultimately, marketing strategies will come and go (this is a good thing!). But what about branding? Branding lasts forever.
Branding goes far beyond your customers
It is just as important to brand to all stakeholders as it is to brand to your customers!
Branding can have just as profound an impact on your team, your partners, your investors, influencers and followers as it does on your customers. For your company to succeed, they all must believe in your brand. Any team will be more dedicated to their work when they're building a brand they truly believe in.?
Therefore, your team should develop your marketing strategy, but to get to the next level, you need to create a brand that all involved, both internal and external stakeholders, are passionate about.
Branding, when done right, can go a long way. A great brand speaks for itself.
Great branding books I really loved reading:
4. Building a StoryBrand: Clarify Your Message So Customers Will Listen by?Donald Miller?and?HarperCollins
Great marketing books I really loved reading:
Where to start?
You can create a better understanding of your brand by answering these questions.?
Product Owner @ Learningbank.io
2 年Marketing is what brings customers eyes. Brand is what keeps them with the company