BUSINESS

Maintain Brand Equity through Evolving Packaging Design

Packaging design is by far the most potent identifier of brand identification in a market full of fast-moving packaged consumer goods. Branded packaging, of course, is a critical component of brand equity development.

Few other aspects of the marketing strategy are as crucial as adequately researched, professionally designed, and appealing packaging design. This includes everything from brand logo designing to a color palette to presenting an entire “feel and look.”

Creative packaging grabs new clients’ attention, thus increasing familiarity, raising awareness, and fostering preference.

What does Brand Equity Mean?

Brand equity can best be defined as the actual value of your brand. This value can be measured in a variety of ways, including positive brand associations, brand awareness, brand loyalty, perceived product quality, among others.

Brand equity is generally lacking in global brands. It is, however, a trait that develops with time through brand marketing strategies. Brand equity helps place the brand in its category of products and especially in the shopper’s mind.

The most successful brands sustain between 65 and 90 percent of their clients every year. Successful brands keep nimble and evolve their brand identity, associated brand assets, and strategy to stay relevant throughout the changing trends and varying consumer tastes.

Get a Complete Redesign or Update Your Packaging Design

Even the most cleverly designed packaging can go stale with time. Just like the style and fashion trends change, packaging design for your product should also evolve if there is a pressing need for it.

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The appearance and feel of a brand’s package that looked appealing to the customers and retailers in the early days might not reflect the brand’s intent to today’s consumers.

If you have not yet reviewed your packaging design’s value and significance in five years or more with your potential market, you don’t know what you are missing. You might have missed out on a decent shot to capitalize on untapped brand equity, resulting in higher sales and market share.

Any packaging redesign, be it a minor tweak or a complete makeover, is a design revision and a thoroughly researched and fine-tuned brand strategy. A strategic basis considers the primary consumer identifiers of brand equity while discovering necessary modifications to the critical elements of your brand identity.

The purpose is to maintain your successful brand awareness, safeguard your heart and soul, and improve all the aspects for improved efficacy.

What is Brand Personality?

Brand personality can be defined as the number of attributes linked to your brand name. Usually, your customers identify and refer to these attributes.

The brand tone directs your brand style of communication, therefore influencing your messaging perception.

All you need to do is make a statement with your packaging design by incorporating your brand’s personality and voice.

How to Get Started With Product Packaging Rebranding

Updating worn or outdated packaging can be quite a demanding and time-consuming task. However, with a competent agency team on your side, brand design upgrades can be achieved with efficiency and effectiveness.

More importantly, you need to first consider the key brand attributes, tone of voice, and personality before initiating the brand’s packaging makeover. Also, utilize your knowledge of the current brand equity to match the changing trends and tastes.

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Over to You

The rebranding procedure and eventual repackaging step requires strategic knowledge, creative and technical expertise, and a robust process. As a result, you will enjoy the benefits of a better brand presence, increased brand recognition, and fantastic market share.

Always contact a professional creative design team and print packaging experts to make the process less cumbersome.

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