02
Build Customer Loyalty
We often hear people say, “I need a xerox”, and without a second thought, we know they are actually referring to a photocopy. Such is the impact of brand familiarity – in this case, the brand name itself has become a commodity. As consumers, our inclination towards buying services/products from a familiar brand is more when compared to a new brand. A logo is the face of your brand. The way the logo portrays your business can help the brand get etched in the customer’s mind. The consumers’ familiarity with the brand can help your business go a long way.
Establish Brand Identity
Consumers build a sense of trust when they are satisfied with the products/services. Consistency in the quality makes the brand more dependable. A logo is an element that expresses your brand identity. Hence it is imperative to craft a logo that’s here to stay. Keeping this is in mind, it may not be an ideal practice to change logos frequently just to incorporate what’s currently popular/in style – since this can communicate inconsistency in the brand and evoke confusion among the consumers.
04
Facilitate Branding
Most consumers can identify a well-known brand by just glancing at the logo. For example, the yellow letter ‘M’ on a red background reminds most of us of a McDonald’s restaurant. It is also interesting to note the clever combination of colours used in the logo. Psychologists say the colour red can stimulate attraction and appetite, and yellow can trigger happiness. In short, a logo connects people with your brand.
05
Differentiate your business
The footwear market today is flooding with different brands of shoes. Amidst this, the ‘swoosh’ (check mark shape) logo grabs our attention, and we immediately recognise the brand, Nike. A simple logo that is fluid and indicates motion and speed – perfectly fits into the athletic shoe category! It is also said to portray the wing of the Greek Goddess of Victory, Nike. The clarity and simplicity in the logo help a business stand out in the competition.
