What does branding mean? Why is branding vital to the success of your business?
According to Pew Research, “On a total population basis (accounting for Americans who do not use the internet at all), that means that 68% of all U.S. adults are Facebook users, while 28% use Instagram, 26% use Pinterest, 25% use LinkedIn and 21% use Twitter.”
With 2016 coming to a close, businesses have to start preparing to implement new strategies into their marketing departments. We have learned that the customer now has more power than the business in the purchasing decision. The internet and social media have brought full transparency to the relationship between businesses and their customers. With more options than ever before, it will be important for businesses to stand out. Not only do businesses have to present a good product, but also deliver excellent customer satisfaction. In 2016, we learned that the customer no longer makes their decision on the best product. Other factors now go into the purchasing decision because building mutually beneficial relationships is now the key to keeping your customers coming back.