What does the word “branding” mean in the B2B landscape?
In my line of work, I often see the term get misunderstood and undervalued. Many CEOs and decision-makers see branding as synonymous with costly advertisements and sponsorships—an expense rather than an investment.
However, this perspective limits the enormous potential branding has on overall business growth. When done well, branding efforts can go well beyond just creating more visibility—and it’s a worthwhile endeavor for many companies.
Let me break down some common misconceptions about branding, reframe what branding means and the impact it can have, give you some ideas on how to go about branding effectively, and provide some questions to answer as you consider your own brand.
Misconceptions About Brand Awareness
Many of the companies I’ve worked with have some common ground in how they view branding and brand awareness, and you might believe in the same things yourself. Let’s highlight a few.
First, a lot of companies tend to think it’s difficult to measure ROI in branding efforts. Brand awareness is frequently seen as a “softer” metric compared to tangible revenue indicators like leads and sales. CEOs might question the ROI of brand-building activities, as they often do not offer immediate, quantifiable returns.
Next, there’s the belief that branding only offers long-term benefits rather than quick wins. A lot of companies don’t have the luxury of waiting months and months for their efforts to create results, which leads many to deprioritize branding in favor of quicker wins and immediate gains.
Also, many companies tend to conflate brand awareness with advertising. Some CEOs fall into the trap of equating brand awareness with expensive advertising campaigns, viewing it as an unnecessary expense rather than a strategic investment in reputation and market position.
Similarly, lots of companies believe they just don’t have enough resources to focus on branding. With resource constraints being a common challenge—both in budget, time, and manpower—the idea of investing in branding activities can seem impractical or extravagant.
But here’s the truth: All these misconceptions are working off an outdated definition of what branding means. It’s not a “nice to have” in marketing—it’s a major driver of growth in B2B organizations. Let’s talk about why.
Related: The Importance of Brand and Brand Management
Rethinking Brand as a Growth Driver
I’ve seen just how impactful thoughtful branding can be for an organization—but it takes a perspective shift to get there. Branding has the potential to drive substantial growth in your organization in more ways than one.
First, effective branding creates credibility. In B2B buying journeys, where decisions involve large investments and long-term commitments, a strong brand can convey reliability, expertise, trustworthiness, and other values your company embodies that are relevant to buyers. This reduces perceived risk for potential clients and makes them more inclined to work with you.
Second, branding is a huge point of differentiation. Effective branding communicates what sets your company apart from competitors. It’s not just about what you offer but why you’re the best choice. A compelling brand message helps your company stand out, be memorable, and emotionally connect with decision-makers. That means even if your products and solutions are similar to your competitors, your branding can be that clinching factor that swings a decision in your favor.
Finally, good branding fosters loyalty and affinity. Customers who have a good experience with your brand are more likely to return for additional services or renew contracts, which is crucial in the B2B space where lifetime customer value is significant.
But beyond affinity, customers also have the potential to refer others to you and advocate for your brand. Clients are more likely to refer your brand to others if they have a strong positive association with it, turning them into brand advocates who help generate new leads.
Realizing these benefits in your organization also means moving away from seeing branding as a series of costly advertisements. Let’s talk about the strategies you should prioritize.
Related: Building Your Own Brand: Unleashing Your True Potential
How to Implement Brand Strategies That Drive Growth
To leverage branding effectively, prioritize strategies that drive growth rather than focusing on traditional advertising alone. Here are three strategies that can help.
One way to accomplish this is to narrow in on thought leadership. Position your company as a thought leader by consistently producing valuable content like whitepapers, case studies, blogs, and webinars. This not only builds credibility but also attracts potential leads searching for expertise and solutions. Content creation and education is an exercise in brand management!
With thought leadership messaging and content in hand, focus on demand generation. Root your brand messaging in value-driven communication. Start with value – tie the features of your products or services to the outcomes they deliver. This approach educates us as it generates interest and helps move leads through the sales funnel. Effective demand generation reduces the effort and cost of outbound lead generation by attracting inbound interest.
Lastly, prioritize engagement marketing to build stronger, more meaningful relationships with your customers. Engagement marketing helps nurture these relationships over time, ensuring that your brand remains top-of-mind throughout the buyer’s journey. This approach is especially valuable in B2B scenarios involving multiple stakeholders and complex purchase decisions.
You might be doing some or even all of these strategies already, so your next step will be to evaluate just how well your current approach is serving you and where you have room for improvement.
Related: Driving Brand Growth with the Right Leadership
Are Your Marketing Efforts Aligned for Brand Success?
To ensure that your brand strategies are effective, evaluate your current marketing efforts with these key questions.
1. Are you optimizing your brand for your buyer?
This question is about how well you understand your buyer (tip: If you don’t, buyer interviews are a great place to start) and how to position your product or solution with their unique needs and challenges in mind. It’s a matter of setting up your brand as a solution to their problem—not just a thing that they’ll buy.
2. Are you amplifying your brand?
Assess if your marketing strategy and budget are aligned with the biggest areas of opportunity to make your brand work for you. Are you focusing on tactics, or are you strategically crafting integrated thought leadership, demand generation, sales enablement, and loyalty plans?
3. Are you measuring your brand?
Successful B2B marketing means being ready to pivot when the numbers show something isn’t working. It’s how teams stay accountable. Are your KPIs aligned with the way you’re thinking about your brand?
Instead of chasing difficult-to-measure metrics like brand recognition and sentiment, let client journey metrics tell the story. Can you track the journey of clients through your funnel to demonstrate the impact of a properly utilized brand to drive leads and sales?
Related: Why Your Marketing Strategy is Falling Short: Common Pitfalls in Execution
Need a Helping Hand?
Now that you have a better understanding of the true value of branding, you might have some ideas of areas you can improve in your own organization—and you might be coming up against challenges in the way you’re currently positioning your brand.
I can help you sort out those challenges, brand yourself effectively, and make sure your marketing efforts are serving you the way that they should.
Click here to book a call with me, and I’d be happy to work with you to get your branding efforts moving in the right direction.