{"id":3730,"date":"2021-04-20T07:03:56","date_gmt":"2021-04-20T07:03:56","guid":{"rendered":"https:\/\/vendlab.com\/?p=3730"},"modified":"2021-04-21T07:26:28","modified_gmt":"2021-04-21T07:26:28","slug":"branding-what-name-will-you-give-your-business","status":"publish","type":"post","link":"https:\/\/vendlab.com\/branding-what-name-will-you-give-your-business\/","title":{"rendered":"Branding: What name will you give your business?"},"content":{"rendered":"

Branding<\/a><\/h1>

Whether you are selling your own label or branded products, you will need a business identity. While many online businesses, especially marketplace sellers, will trade under a generic name (e.g., XYZ trading), it is best to invest in developing a brand that identifies your business and helps build customer loyalty.<\/p>

Whilst a brand is usually considered to be formed of a name and a visual identity (i.e., a logo), it also more broadly refers to the experience a customer has when dealing with a business as a shopper, customer or social media follower.<\/p>

Why Do I Need a Brand?<\/a><\/h2>

Branding is a factor for consumers when they make a purchase decision. 60% of shoppers actively buy from brands they know, and 21% purchase products because they like the brand (Source: Nielsen<\/a>).<\/p>

Strong brand identity also acts as a unifying factor across all the channels through which a customer could interact with your company online. The same customer might buy from your company through Amazon, eBay or your website, depending on their customer journey. Here is an example of a company using the same identity across multiple platforms:<\/p>