Today, during a meeting, a question was raised by a successful entrepreneur I was speaking with: What comes first, branding or marketing?
The correct order is that branding comes before marketing.
Branding refers to the process of defining and developing a brand’s identity and personality. This involves establishing the brand’s values, promise, vision, and mission, creating a name, logo, and a set of distinctive visual elements. Branding is essential for creating a strong and coherent brand identity that differentiates itself from the competition and conveys the right message to the target audience.
Once the brand identity is defined and implemented, marketing comes into play. Marketing involves applying strategies and tactics to promote and sell the brand’s products or services to the target audience. Marketing activities can include market research, developing market segmentation strategies, planning and implementing communication campaigns, public relations, online marketing, social media promotion, event organization, and more. The goal of marketing is to increase awareness, attract and retain customers, and generate sales and profits for the brand.
However, branding and marketing are interconnected and influence each other. While branding creates the foundation and identity of a brand, marketing uses this identity to build and manage relationships with the target audience. Additionally, marketing activities can provide feedback and information that fuels the brand development process.
In conclusion, branding precedes marketing because it is important to have a clear and strong brand identity before communicating and promoting products or services.