New websites today have more competition than ever when it comes to getting their businesses known in this ever-expanding World Wide Web. From the single-paged websites sharing secrets on earthworm farming to the digital conglomerates like eBay and Google becoming household names and even modifying our modern jargon enough to become a digital-aged verb (“looking for something? Just Google it!”); today’s internet newborns have their work cut out for them. At last count there were over 25 billion individual web pages indexed in the major search engines alone; a staggering number that puts things into a little bit of perspective.
So, how important is it to brand your internet business? To answer this question, we’ll take a look at the “offline” world; the brick and mortar businesses that have been around for a while. For instance, when we think of pizza, we think of Pizza Hut or Dominos; when we think of fast-food, likely the first thing that pops into our minds is McDonalds. These are examples of branded names; these companies have established their company names to the point that the mere mention or thought of their name automatically creates an association with what they have to offer.
In a way, these brick and mortar establishments have it easy compared to internet business owners. The biggest reason is that it’s financially prohibitive for the average Joe or Jane to setup shop on the corner and start offering services; thus there is much less competition. Running a brick and mortar business is expensive; whether you’re buying a franchise of an established company (well into the millions) or you’re just looking to setup a “mom and pop” type business catering directly to customers (hundreds of thousands), 999.8 out of 1,000 people simply couldn’t afford to do it.
Now that we’ve looked at the “offline” world, we see that branding has a very positive effect; namely that a branded name is automatically associated with what the company has to offer. Even with less competition, comparatively speaking, brick and mortar business benefit immensely due to name branding.
In our “online world” of the WWW, branding can have the exact same effect, only it is considered even more important to brand your name online because there is the potential for so much more competition. While it may cost hundreds of thousands or even millions of dollars to setup a brick and mortar business, the average Joe or Jane can have their very own internet business for less than $100; talk about a cheap business setup. While it’s at the very least improbable that a small startup business can even hope to compete with eBay, as thousands have tried, there are plenty of everyday people with a bit of internet marketing know-how and a small amount of cash stashed away that could give your business a run for its money, in terms of search engine rankings, at least.
Branding your company name is pretty straightforward when it comes to internet businesses; all you need to do is be sure that you use your companies’ name whenever possible. Be sure that your company name is, first and foremost, prominent within your websites pages; use it in the title tags and use it within the content of the pages. It’s also beneficial when you use your company name as your domain name itself (i.e. companyname.com). When you have press releases written, when you send out email or any loose-paper correspondences, be certain that your company name is mentioned.
Of course, you’ll need to have a bit of promotion and optimization done for your internet business, and all of these services should be performed with preference given to your company name to help with branding.
By continually promoting your business name and backing it with a good reputation, you will be building for yourself a following of dedicated online consumers; something that should be seen as invaluable for your internet business, especially considering the explosive growth of competition in all areas of our new digital world.
So, to answer the question as to whether branding your internet business is important; it’s an emphatic YES. As competition grows in our digital world, the no-named businesses are going to get buried by the conglomerates that carve out their own spot in our virtual society; those who take the time to brand their names and back that name with a solid reputation for quality products and services, for the lack of a better term, win.