Can you believe another decade is already over? An old year has passed to a new one, which is sure to bring its own news and trends. While there is no way to tell the future with 100% accuracy, we are predicting that these five trends will be huge in branding over the course of this year.
1. Value is in. Although the United States and the rest of the world show hopeful signs of pulling out of the current economic slump, the recession is far from over. Because the flow of customers is slowing to a trickle as credit card balances inch ever higher, it is easy to predict that businesses will use value more and more to lure in the reluctant consumers. This can be done either by lowering prices or adding more features; either way, you can bet that value will be a key selling point in 2010.
2. Honest is the new black. With 2009 wracked by numerous corporate scandals, much of the public has lost confidence in businesses of all sizes. Creating an image of honesty and transparency will be more important than ever. Many customers will be willing to spend more and drive further just to feel that they are dealing with honest people. If you can convincingly market yourself as the choice with integrity, you may find that 2010 is your best year ever.
3. Philanthropy becomes an essential. The public is more aware than ever about social and environmental issues. While it used to be admirable for a business to contribute either time or money to a charity, it is quickly becoming more mandatory. 2010 will be the year that businesses who don’t make a point of caring about others in a very public way see their competitors surpass them.
4. Online and offline merge. People increasingly rely on digital sources for information and products, but they still need that personal touch. For this reason, we predict that 2010 will be the year that businesses begin marketing hybrid services that offer the best of both worlds. For instance, many spas will switch to online appointment services that allow customers to peruse services and prices without making a commitment. Most people are comfortable enough with the internet to see online conveniences as a benefit; best of all, these often save money for the business as well.
5. There’s no room for failure. …at least not when it comes to branding. More than ever, it will be crucial for businesses of every size to have a cohesive, professionally designed brand with compelling visual details. No longer can you leave your brand at the door, either. Branding will have to be extended to every aspect of the company. More than ever, the quality and extent of branding will affect a small business’s chances of success.
These are mere predictions, but they are based on years of watching trends. While the coming year is likely to bring a whole new set of news and scandal, these trends are strong enough to maintain momentum in almost any economic climate.


Tue, Feb 16, 2010
Branding