Your brand’s success isn’t just about having a fantastic product—it’s about how it is branded on shelf, in media, and online. If your global brand isn’t leveraging the various types of product branding strategies, you’re missing out on a huge opportunity.
Product branding isn’t just another term—it’s the engine powering today’s market leaders. In this article, we’ll discuss five different types of product branding strategies for boosting brand equity and giving you a critical edge in the market.
From industry giants to nimble startups, conscious branding reshapes how businesses connect with consumers. But here’s the bottom line: if you’re not using these strategies, you’re effectively giving your competitors the upper hand.
Ready to revamp your brand design and stand among global brand leaders? Stay sharp—what you learn next could be the key to redefining your brand’s future.
Product Brand VS Product Category
Before learning about various product branding techniques, one must know the difference between a product brand and a product category. A product brand and category serve different purposes in the market, and understanding these differences is crucial for effective marketing and consumer recognition.
Product Brand
A product brand refers to the identity and reputation of a specific product or a range of products. It includes the unique attributes, values, and emotional connections associated with the product.
For example, Olipop is a well known modern brand in the functional beverage space. The brand focuses on healthier alternatives to traditional sodas. Olipop combines prebiotics, botanicals, and plant fiber to create a drink that supports digestive health while offering a nostalgic soda experience.
Key characteristics of a product brand include:
- Unique Identity: Olipop utilizes vibrant packaging (thanks to a repositioning effort) and a playful brand voice to differentiate itself in the beverage market.
- Emotional Connection: The brand positions itself as a healthier choice without sacrificing taste, appealing to health-conscious consumers looking for better options.
- Reputation: They have quickly gained popularity and recognition, becoming a go-to choice for those seeking functional beverages.
Product Category
Product categories encompass broader groups like snacks, beverages, or personal care items. New product branding often involves launching innovative items within established categories or creating new ones. Take plant-based meats – a relatively new category with explosive growth in recent years.
Here are the key characteristics of a product category:
- Organization: The functional beverages category groups together various drinks that offer health benefits, making it easier for consumers to find options that suit their needs.
- Market Context: Within the functional beverages category, brands like Olipop and Poppi compete by highlighting their unique health benefits and flavors.
- Marketing Strategy: Companies in this category often emphasize health benefits and taste, appealing to consumers’ desire for wellness and enjoyment.
Now that the difference between a product brand and a product category is clear let’s discuss various CPG branding strategies:
Corporate Branding
Corporate branding is a comprehensive brand strategy that extends beyond individual products to encompass the entire company. It’s about creating a cohesive identity that resonates across all product lines, marketing channels, and consumer touchpoints.
This approach unifies online branding, retail branding, and product-specific efforts under one overarching corporate brand. A solid corporate brand offers the following main advantages:
- It boosts the perceived value of all products under one umbrella.
- Promoting the corporate brand can simultaneously benefit multiple product lines, making it cost-effective.
- A distinct corporate identity sets a company apart in crowded marketplaces.
- New products leverage the existing corporate brand recognition, making product launches easier.
For instance, Seventh Generation has built its corporate brand around eco-friendly household products, successfully expanding from laundry detergents to a wide range of cleaning and personal care items.
Individual Product Branding
Individual product branding is the right strategy for companies with diverse product lines. In this strategy, each product or the complete line is given its unique brand identity (also known as product brand).
This approach allows each product to develop its personality, target specific market segments, and build a distinct reputation. It’s highly effective for offline branding and creating luxury brands.
Here are the main pros and cons of using an individual product branding strategy:
Pros
- Each product brand can be tailored to specific audience segments.
- If one product fails, it doesn’t necessarily impact other brands.
- Individual brands can command higher prices, especially in the luxury sector.
- Multiple brands can capture different market segments.
Cons
- Developing and marketing various brand names is expensive.
- Managing numerous individual brands can be challenging.
- Each brand’s success doesn’t necessarily benefit others in the portfolio.
- Different brands might compete for the same customers.
When to Use Individual Branding
Individual branding is effective:
- When targeting diverse market segments.
- For luxury or premium products.
- When entering new product categories.
- To differentiate products with unique features or benefits.
- When aiming to dominate shelf space in retail environments.
For instance, The Prisoner Wine Company, initially a single-product brand, has grown into a collection of individually branded wines with distinct identities and stories.
The flagship “The Prisoner” red blend remains the core product, but other individual brands like “Saldo,” “Blindfold,” and “Cuttings” have been developed, each targeting different wine preferences and price points.
This strategy has allowed The Prisoner Wine Company to appeal to various consumer segments within the premium wine market, showcasing the power of individual branding in the CPG space.
Personal Branding
Personal branding has emerged as one of the most effective product branding and marketing strategies, particularly in industries where individual expertise and authenticity drive consumer trust.
This approach involves cultivating a unique professional identity, effectively turning yourself into a brand name. For instance, Logan Paul’s PRIME, Mr Beast’s Feastables, and Gary Vee’s Empathy Wine.
Personal branding isn’t just reserved for celebrities; it has become increasingly important for professionals across various industries to differentiate themselves in competitive markets.
Developing an impactful personal brand involves:
- Defining your unique value proposition
- Establishing a consistent brand voice across all platforms
- Showcasing your expertise and passion
- Engaging authentically with your audience
Like traditional product branding, a solid personal brand helps shape people’s perceptions and builds trust. For example, Hampton Water’s brand voice reflects Bon Jovi’s laid-back, luxurious lifestyle while appealing to a younger demographic.
The brand name, “Hampton Water,” cleverly combines the allure of the Hamptons with the casual term for rosé, “water,” creating a unique identity in the crowded wine market.
Geographic Branding
We all know about Hawaiian Pizza. Although the Pizza with pineapple on top doesn’t originate from Hawaii, people still know it by its geographical name because of the geographic branding.
Geographic branding leverages the association between a product and a specific location or region. This approach can inspire products with unique characteristics, cultural significance, and perceived quality.
It capitalizes on people’s cultural and emotional connections with particular places. This form of branding can evoke specific qualities, traditions, or expertise associated with a region.
Successful implementation of geographic branding involves:
- Choosing an appropriate geographic association
- Incorporating regional elements into product design and packaging
- Storytelling that emphasizes the connection between product and place
- Ensuring product quality aligns with expectations set by the geographic brand
Cultural branding, a closely related concept, often complements geographic branding. It involves incorporating cultural elements associated with a location into the brand identity.
Geographic branding presents both challenges and opportunities:
Challenges
- Ensuring authenticity and avoiding cultural appropriation.
- Managing consumer expectations about product origin.
- Navigating legal issues related to protected geographical indications.
Opportunities
- Expanding into multi-product branding under a geographic umbrella.
- Collaborating with local artisans or producers to enhance authenticity.
- Leveraging tourism and travel trends to boost brand appeal.
Ingredient Branding
Ingredient branding highlights a product’s value by highlighting a key component or ingredient. It is a form of brand extension in which a specific element or ingredient is given its brand identity. This strategy aims to create additional value for the end product by leveraging the reputation of the ingredient brand.
For instance, take the same example of Hawaiian Pizza; the unique ingredient here is the pineapple slice on the Pizza. Even though some people may not like it, it has become a distinct ingredient brand.
Critical aspects of ingredient branding include:
- Helps distinguish products in crowded markets
- Enhances perceived quality and performance of the end product
- Creates synergy between two brands/products
- Leverages existing brand loyalty to build confidence in new products
Successfully implementing an ingredient branding strategy involves the following steps:
- The ingredient brand must offer a clear, valuable benefit to the end consumer (in the above example, it’s a different taste).
- Invest in marketing to educate consumers about the ingredient’s benefits.
- Choose host brands that align with your values and target market.
- Ensure consistent quality across all products featuring the ingredient brand.
- Develop a robust and recognizable symbol or logo for your ingredient brand, like the Nutrasweet swirl or KFC.
Ingredient branding can be particularly effective for multi-product branding strategies, allowing a single-ingredient brand to add value across various product lines and categories.
Developing an Impactful Brand Voice
A clear and distinct brand voice is necessary regardless of your chosen product branding strategy. A unique brand voice is personality and emotion infused into all communications that differentiate the brand. Crafting an impactful brand voice starts with deeply understanding the brand identity and positioning.
Think of your brand as a person; what kind of personality would they have?
- Are they bold and daring?
- Calm and reassuring?
- Playful or serious?
The brand voice must naturally extend the core values and mission. Therefore, companies must analyze the target audience first and understand:
- What tone and language does their target audience respond to?
- What are the pain points, desires, and aspirations?
The brand voice must speak directly to these elements, creating an emotional connection beyond your product’s features and benefits.
Audit your existing communications. Look for patterns in the language you’re already using and identify what’s working well. Don’t be afraid to push the boundaries and inject some personality.
Create a comprehensive guide that outlines the do’s and don’ts, complete with examples of how to apply your brand voice across different types of content. This ensures consistency and helps everyone in your organization understand how to embody the brand voice in their communications.
Building a Solid Brand Strategy
A well-crafted branding strategy is a roadmap for all marketing strategy decisions and helps you create a consistent, recognizable brand that resonates with your target audience.
Define Your Brand’s Purpose and Values
The first step in building a solid brand strategy is to define your brand’s core purpose and values. Ask yourself, “Why does my brand exist beyond making a profit?” Your brand’s purpose should be a clear, concise statement that encapsulates the value you bring to your customers and the impact you want to make.
Next, identify the values that guide your brand’s actions and decisions. These values should align with your purpose and reflect the beliefs and principles that are most important to your brand. They will help you stay true to your brand identity in all your marketing strategy and brand management efforts.
Identify Your Target Audience
To create a brand that genuinely connects with your customers, you must deeply understand them. Identify your target audience by creating detailed buyer personas that outline their demographics, psychographics, behaviors, and pain points.
Conduct market research to understand your target audience’s preferences, habits, and motivations. Use this information to tailor your brand messaging and offerings to meet their needs and desires.
Conduct Competitor Analysis
To stand out in your industry, you must understand your competitors clearly. Conduct a thorough analysis to identify your direct and indirect competitors, assess their strengths and weaknesses, and determine your unique value proposition.
Look for gaps in the market that your brand can fill and identify opportunities to differentiate yourself from your competitors. Use these insights to inform your brand positioning and messaging.
Develop Your Brand Messaging
Your brand messaging is how you communicate your brand’s purpose, values, and unique value proposition to your target audience. It includes your brand’s tone of voice, key messages, and storytelling approach.
Craft a compelling brand story that showcases your brand’s personality and values. Use this story to create consistent messaging across all your marketing channels, from your website and social media to your advertising and customer service interactions.
Create Visual Brand Elements
Your brand’s visual identity is just as important as your messaging. It includes elements like your logo, color palette, typography, and imagery that work together to create a cohesive, recognizable brand.
Develop a clear set of brand guidelines that outline how your visual elements should be used across different mediums. Ensure your visual assets are high-quality, on-brand, and optimized for various platforms and devices.
Implement and Monitor Your Brand Strategy
Once you have defined your brand strategy, it’s time to implement it. Implement your brand strategy across all your marketing channels and touchpoints, from your website and social media to your packaging and customer service.
Monitor and assess the effectiveness of your brand strategy regularly using metrics like brand awareness, customer engagement, and brand loyalty. Use this data to refine and optimize your branding strategy continuously over time.
Measuring Branding Success
Strong brands are crucial for long-term success. Whether you’re implementing a new product branding strategy or evaluating the effectiveness of your existing brand management approach, measuring success is essential. Here are four key areas to focus on when assessing your brand’s strength and impact.
Brand Awareness Metrics
Brand awareness is the extent to which consumers recognize and recall your brand. It’s a critical component of solid branding, laying the foundation for customer acquisition and loyalty. To measure brand awareness, track metrics such as:
- Website traffic and engagement
- Social media followers and interactions
- Media mentions and press coverage
- Search engine rankings and organic search traffic
By monitoring these metrics over time, you can gauge the effectiveness of your brand awareness efforts and identify areas for improvement.
Customer Loyalty Indicators
Customer loyalty is a crucial indicator of brand success. Loyal customers make repeat purchases and act as brand advocates, spreading positive word-of-mouth and driving referral business. Consider the following metrics:
- Repeat purchase rate
- Customer lifetime value
- Net Promoter Score (NPS)
- Customer retention rate
These metrics provide valuable insights into the strength of your customer relationships and the effectiveness of your brand management efforts.
Brand Recognition Studies
Brand recognition studies measure how well consumers recognize and associate your brand with specific products, services, or attributes. These studies can take various forms, such as surveys, focus groups, or online panels. Some key metrics to consider in brand recognition include:
- Aided and unaided brand recall
- Brand association and perception
- Brand preference and loyalty
- Brand differentiation and uniqueness
By conducting regular brand recognition studies, you can track changes in consumer perceptions over time and identify opportunities to strengthen your brand positioning.
Financial Performance Analysis
The success of your brand is reflected in your financial performance. By analyzing critical financial metrics, you can determine the impact of your product branding strategy on your bottom line. Important financial metrics to consider include:
- Revenue growth
- Market share
- Gross margin and profitability
- Return on investment (ROI) for brand initiatives
By linking your brand efforts to financial outcomes, you can demonstrate the value of your brand management approach and secure support for ongoing brand investment.
Data-Driven Product Branding with SmashBrand
SmashBrand utilizes cutting-edge data analysis to build impactful product branding strategies that connect emotionally with target audiences and actively drive business growth. Our advanced branding techniques based on real-time data deliver proven ROI. Contact SmashBrand today to learn how our branding services can help you actively build competitive advantage and customer loyalty.
Subscribe to
Nice Package.
A monthly newsletter that unpacks a critical topic in the FMCG & CPG industry.