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Online business identity importance


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No matter what enterprise you wish to launch, one of the most important things you'll have to determine is the identity of your business. It will indirectly affect your business. 

Adequate online business identity leads to good reputation and so to higher income.

        

How identity affects your business

    

Originality can make you different from your competitors. And: being different from others, more original, unique in a way, can be perceived as having better quality services/products.

If your online business has a solid, comprehendible identity (easy to perceive by clients), then they will remember it and probably select it over competitors.

Companies, products and services are perceived by people as "actors". If a product, company or service has a well-define personality and puts accent on good quality, then people will have strong feelings towards it. Think of brands like: Ferrarri, Mercedes, BMW, Panasonic, Yamaha, Nike, Carlsberg, Nokia, Virgin Atlantic Airways, etc. - they all have well established, solid identities and part of their success is due to their image.

What you need to do is to create an adequate identity for your business. This will affect your business on the long term. Therefore, you'll have to think deep and take a lot of time to create a good identity. The process is difficult, requires a special sense. Remember, you want to create a business personality, which, if you succeed, your enterprise will be associated with for a long time.

If you don't manage to create the identity you'd like or if something bothers you in it, then don't take the risk! An inadequate image can ruin your business. Sometimes mistakes are made but only later noticed. Therefore, careful  planning and analyzing is recommended: you'll need to find out what your potential clients like, what is good to associate your business with and what's not.

  

Creating an adequate identity for your online business

  

What does identity mean? Shortly, this:

    

Names

Find a good enterprise/company name

     

It has to sound well, has to be easy to write down. And if your business affects more than 1 language speaking potential clients (in case you offer your products/services to people who speak different languages), then you'll have to make sure that your company/enterprise name can be read out easily.

Name must sound clear, must not be confusing. Must be very different from anything else well-known to potential clients.

   

Trademarks, brand names , product/service names

  

You can find names to our products, services. Some of the best brand names are not actually the manufacturing company's name (example: Panasonic is the brand of Matsushita Electronics).

Your services, products must be distinguishable between each other. This will help your clients choose the ones they like.

Trademarks, brand names have to be comprehensible too, easy to read out. They are very important, because they too (not only the company name) are perceived as actors by clients.

These names must not sound confusing or similar to services, products or trademarks, brand names of other companies.

  

Visual identity

Create a good company logo

   

A logo, an emblem is always important. There are specialized companies that create logos for businesses. Make sure you choose the right logo, which must be custom-made.  

Logo must not necessarily be an image, it can be a text, written with a special font, in special colours, effects, etc.

The best thing is to turn to specialized companies that create logos.

  

Functional identity

Unique way of functioning

 

The way your business functions, the rules, the policies, the way the clients are treated, etc. also affects your images, reputation.

                            

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