The small businesses are in their initial stages and need to rise in order to gain more customers.
As per experts, the need of the logo and that too, a compelling one is most needed for small business.
Always believe in the fact that the first impression is the last impression.
Do you know the human attention span (7-8 seconds) is shorter than a goldfish’s (9 seconds)? You only have 7 seconds to grab a website visitor’s attention.
The Logo is like a small ad for your company. When you begin the process of logo creation make sure you have developed your brand strategy to convey the right message.
If you are successful in creating a good impression of your business in front of the visitors, the chances are very high they will visit again and also provide you with the mouth publicity.
According to Wikipedia,
“A logo is a graphic mark, emblem, or symbol commonly used by commercial enterprises, organizations and even individuals to aid and promote instant public recognition. Logos are either purely graphic (symbols/icons) or are composed of the name of the organization.”
Su Mathews Hale, a senior partner at the New York brand strategy and design firm Lippincott said,
“A company’s logo is its shorthand, a visual cue that tells a story of the brand’s culture, behavior, and values,”
Entrepreneur.com recently published an interesting piece in which Matthews Hale explains Walmart Logo Design
“Mathews and her team decided to keep the color blue, which Mathews said is the world’s favorite color, but go for a brighter hue they believed evoked modernity and trustworthiness. They replaced the sharp angles of the original letters with “a more humanistic font.” Finally, they decided on an asterisk-like symbol they wanted to look like “a lightbulb going off in your head,” a metaphor for Wal-Mart shoppers being smart for taking advantage of affordable, quality products. They chose a hue of yellow that appeared hopeful but didn’t make it too bright because “bright yellow is associated with low-cost items in retail,” said Mathews. She was happy to find that focus groups also interpreted the spark as a sun or flower, both positive associations.”
Unilever is a global consumer goods provider company. See the Unilever Logo.
The “U” in Unilever logo is creatively filled in with a variety of images, but every single icon used actually represents an aspect of the Unilever business.
According to Unilever, “Their logo was designed to include 25 icons, each of which represents something important to Unilever. Each icon has a rich meaning at its core, and represents some aspect of their effort to make sustainable living commonplace.”
In the process of making a small business look like a well-established brand, the logo plays an important role.
There are several reasons why small businesses need a compelling logo:
To look bigger and well established
As discussed, the logos are a way to symbolize your business as well established and bigger. The great logos create a great impression and people most often remember the logos, which are unique and well crafted.
While, many may forget the brand name, but if the product is well suited, people look for the logo in the next purchase. Thus, create a logo which is hard to forget.
Attract new customers
Always remember a fact that your customers see a lot in the market, and thus expecting them to remember you is a bit difficult task.
But, if your logo is a bit appealing, it may send a direct message to your potential customers over making you as a choice over your competitors.
Thus, differentiate yourself from your competitors by the use of a compelling logo associated your brand and give yourself a better chance to gain more footfalls.
Think about how your logo will appear on business cards or stationery. You can also greatly utilize the logos in your T-Shirts, which is a trend of today.
Employees are your first brand ambassador. Design your company T-shirts with your brand’s logo, it’s a powerful and affordable marketing opportunity.
Logos are a sign of professionalism
In fact, logos are a branding way. The logos serve the purpose of giving you a professional look and imbibe a sense of confidence among your customers.
The customers feel safe and proud to connect with you if your presentation is good in the market. The logo is a way to send a message of professionalism.
It infuses a sense that you are stable and build a much-needed trust of your customers in you.
Logos are a sign of your niche
Most of the times, logos serve the purpose of conveying your niche field. The logos are just a symbol, but in most of the cases, it serves more than this.
It serves as an identity of your niche you are dealing with. It also conveys your company name and thus acts as a visual clue for your business.
You don’t need to spend a thousand dollars on a logo to stand out from the crowd. In case, you are looking for a well-reputed logo designer, who can create a great logo for you, there are several brands available in the market.
Get a well-reputed logo designer and start your branding with the perfect logo for your business.
Create Better Business Environment And Experience For Employees With AI And A Mentor
There is no controversy in the fact that AI or Artificial Intelligence creates a better user experience in all aspects. Whether it is in the medical field or real estate business, automobile manufacturing, or any other, the use and dominance of AI in all sectors are hard to ignore.
While for any type of business focusing on the customer experience aspect plays a crucial role, so does the employee benefits and experience.
Both are the backbone of a business playing a significant role in its success. If you neglect any of these aspects, it will inevitably affect the bottom line of your business directly and severely.
Now you may tend to think what really does AI have to do in employee experience. Well, Artificial intelligence or AI has become an essential thing in almost every aspect of modern lives, and it has become so in the most unnoticeable way.
You will see extensive use of AI in:
- Home appliances
- Mobile phones
- Modern cars and
- TVs and a lot of other products.
People of today have really become accustomed to this technology in a comparatively short period of time. The inclusion of AI in different things that you use today has made your life easier, and it guides you through your individual journeys.
Most of the people interact with it every day, and several businesses today use AI for several other reasons, including:
- Streamlining their work processes
- Helping the customers to self-serve
- Reducing the costs and much more.
According to a recent study conducted by Forrester Consulting, it is found that nearly 58% of customer engagement decision-makers of the world have made customer experience or CX the top priority for any organization.
This they have done by implementing a more holistic AI strategy. This strategy has helped the businesses to renovate the customer journey and enjoy significant benefits as a result. According to the same report by Forrester Consulting, more than 63% of the businesses that use AI technology for CX have witnessed a significant increase in their Net Promoter Score or NPS. This is all due to their enhanced and AI-based customer engagement strategies.
Change in the workforce
Just like CX, AI an also help you to transform the employee experience. The modern workforce has changed significantly from that of the past years. Moreover, there is a change in the workplace as well, where now remote offices, work from home, and even roaming are the norm. Add to that the ways of working have also changed dramatically.
Therefore, with such changes, all employees, including those who are not born as a digital native, have definite expectations as to how technology will work for them.
They are now also more focused on well-designed, affordable, and easy to use apps with a hope that it will make their tasks much easier. This will, in turn, enable them to be more productive.
However, even though there is a large number of consumer applications out there, several companies fail to deliver a more user-friendly business system. Well, AI is here to help them out. This will help them in different aspects, such as:
- Keeping their employees happy who in turn will bring in more satisfied customers
- Reimagining and reinventing the workplace of the future and
- Removing the pain points of the employees.
It will now help them to create a modern and more streamlined experience for their employees across all departments and for all roles throughout the organization. This will ensure that the employees put in their best efforts, always and every time. This will result in higher production, more employee satisfaction, and business profit on the whole.
The principle is much similar to the one that you employ in your business marketing strategy to integrate Instagram and other social channels to deliver your users what they exactly want and get more automatic IG likes and organic traffic to your site.
Engage a coach or a mentor
In addition to AI technology playing its role, you may also engage a coach or a mentor to help you to boost the morale of your employees. However, whether you will need a mentor, coach, or advisor will depend on your specific needs. Yes, there is a difference between an advisor, a mentor, and a business coach, with each having a different value to add.
- A business coach is the one who suggests business strategies and monitors the performance, just like a basketball or any other coach do, standing on the sideline. They also keep an eye on what your competitors may be doing or thinking of and suggest counter strategies and techniques. The business coach will not work in your business but will meet you as well as your employees on a regular basis. They are there to change, improve, and correct different aspects of your business. They are more focused on the end goal and suggest accurate and productive strategies accordingly.
- A mentor, on the other hand, plays more of a parental role. They have a wealth of experience in real-life situations and know a lot about business and the ways to grow a business. They have done all these personally. They know that running a business is a long-term and continual effort and will, therefore, be more interested in your personal development. Ideally, the role of the mentor is to transfer skills, sharing of knowledge, and contacts part from their experience. They can be contacted regularly or irregular, and the discussions may be in-depth or in pointers, long or concise.
- An adviser is actually a technical specialist, more like a sharp-shooter. With their in-depth knowledge of a particular subject, they will provide the most accurate and practical solutions. They can give such suggestions on any pressing issue. Their relationship with you is more casual as compared to a business coach or a mentor. It is like, you ask questions and they answer. They listen to a bit and talk a lot to solve a problem quickly.
Therefore, consider the circumstances and hire the best person and use the best technology to have a happy and satisfied set of employees to ensure business success.
7 Reasons Why Its Important to Have a Niche
A niche is a focused, targetable segment of the market. You are a specialist providing a product or service that focuses on the specific needs of an identified client group, which cannot or are not being addressed in such detail by the dominant providers in your industry.
But it is important to understand that there is, in fact, a difference between your identified niche and your target market.
Your target market is a specific identifiable group of people you work with, e.g. women in the city, technology start-ups, creative agency owners, small and medium businesses in a particular revenue range.
Your niche is the service you specialise in offering to your target market.
Here are 7 reasons why it is important to have a niche:
To avoid spreading yourself too thin
Instead of the risk of spreading yourself too thin in saying that ‘everyone’ is your potential client, niche marketing will help you to focus on a specific grouping of people, and particularly on what their needs and wants are.
You will unlikely to be able to serve everybody, so it is important to focus on what you do best and aim it at a specific group of people who will likely buy what you offer.
It is important to find out what is important to them, what blogs they read, their beliefs and attitudes, who the main influencers in that network are.
Having these insights means that you can develop products or services specifically aimed at this group, based on your thorough knowledge and understanding of what they are interested in.
It’s easier to identify and target potential clients and partners to work with
As the pool of people that exists for a niche is smaller than its mainstream equivalent, it will be easier to identify potential clients and partners to work with, as you can be much more targeted and laser-focused with your marketing efforts.
It’s easier to become an expert and well known in your niche
Niching means it will be much easier for others to understand ‘what you do’ and ‘for whom’, which will make it easier to position you as an expert in your field. As this group is more targeted and of a smaller size, you can rapidly become well known within this group of people.
Your profile and overall visibility will increase within this group. It is a small world after all!
More and better referrals
Since it will be easier for others to understand what you do and for whom, it, in turn, becomes much easier for them to refer more and better quality clients to you that fit the profile of your ideal client, as you have built up trust, credibility, visibility, and it is very clear as to what your specialism is.
The more unique you are, the less competition you will have
There will be less competition, as you will provide the specific services or create the specific products for the specific people you are seeking to help in a specific way that meets their needs. The BIG advantage of becoming more unique is that usually it can’t be easily replicated by your competition!
Marketing becomes much easier
Effective niche marketing should really help with your marketing, positioning and branding as you will attract the ‘right people’ much more easily and quickly. People with similar interests tend to behave and are attracted to similar things. This means that many of your clients will do all the hard work for you as they will refer you more and more because your profile, credibility and influence are readily apparent within your tribe.
More repeat business
As you are able to provide an increasingly better service or product, based on your specific client’s needs, it is likely that you will get more repeat business – people will come back for more, and as an added benefit will often start spending more with you as your relationship grows with them.