{"id":23024,"date":"2023-02-15T12:02:06","date_gmt":"2023-02-15T18:02:06","guid":{"rendered":"https:\/\/blog.crowdspring.com\/?p=23024"},"modified":"2026-02-23T10:34:13","modified_gmt":"2026-02-23T16:34:13","slug":"branding-statistics","status":"publish","type":"post","link":"https:\/\/www.crowdspring.com\/blog\/branding-statistics\/","title":{"rendered":"74 Branding Statistics Every Entrepreneur and Marketer Needs to Know in 2024"},"content":{"rendered":"<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-23025\" src=\"https:\/\/images.crowdspring.com\/blog\/wp-content\/uploads\/2017\/01\/24135741\/accountant-1794122_640.png\" alt=\"\" width=\"700\" height=\"534\" srcset=\"https:\/\/images.crowdspring.com\/blog\/wp-content\/uploads\/2017\/01\/24135741\/accountant-1794122_640.png 700w, https:\/\/images.crowdspring.com\/blog\/wp-content\/uploads\/2017\/01\/24135741\/accountant-1794122_640-300x229.png 300w, https:\/\/images.crowdspring.com\/blog\/wp-content\/uploads\/2017\/01\/24135741\/accountant-1794122_640-400x305.png 400w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/><\/p>\n<p>\n<div class='header-cta' style='display:none'>\n  <span>Discover your brand's unique character.<\/span>\n  <a href='https:\/\/www.crowdspring.com\/brand-archetype-quiz\/' class='btn btn-primary' target='_blank'>Reveal the truth with our free quiz!<\/a>\n<\/div>\n<\/p>\n<p>Successful entrepreneurs know that good <a href=\"https:\/\/www.crowdspring.com\/blog\/branding\/\" target=\"_blank\" rel=\"noopener noreferrer\">branding<\/a> is a vital factor in determining success. Still, with so much advice and many statistics, it&#8217;s not easy to figure out what&#8217;s important.<\/p>\n<p>Branding is how we communicate with consumers, differentiate from our competitors, and create a name for ourselves in a world full of startups and great ideas.<\/p>\n<p>A company&#8217;s <a href=\"https:\/\/www.crowdspring.com\/blog\/brand-identity\/\" target=\"_blank\" rel=\"noopener noreferrer\">brand identity<\/a> is much more than the company&#8217;s logo or the product or service being offered.<\/p>\n<p>A brand is your company in the present, future, and public perceptions. Essentially, branding is about communication.<\/p>\n<p>Startups and small businesses communicate through <a href=\"https:\/\/www.crowdspring.com\/naming-a-business-or-product\/\" target=\"_blank\" rel=\"noopener noreferrer\">company names<\/a>, <a href=\"https:\/\/www.crowdspring.com\/logo-design\/\" target=\"_blank\" rel=\"noopener noreferrer\">logos<\/a>, and messaging.<\/p>\n<p>It&#8217;s becoming increasingly important to have a strong brand, a recognizable name, and a logo that rises above the rest.<\/p>\n<p>This is why many companies develop a <a href=\"https:\/\/www.crowdspring.com\/blog\/brand-strategy\/\" target=\"_blank\" rel=\"noopener\">comprehensive brand strategy<\/a> and regularly <a href=\"https:\/\/www.crowdspring.com\/blog\/how-to-rebrand\/\" target=\"_blank\" rel=\"noopener noreferrer\">rebrand<\/a> their businesses.<\/p>\n<h2>Here are 75 essential branding statistics that every entrepreneur and marketer should know:<\/h2>\n<p><div class=' hide-for-medium hide-for-large'><div style='padding: 10px 32px;text-align: center;background-position: center;background-color: #DA6D5A;background-repeat: no-repeat;background-size: contain;'><h2 style='font-size: 35px;line-height: 1.2; margin-top: 12px;color: white;'>Free Business Startup Kit<\/h2><p style='font-size: 18px;margin: 20px 0 30px;line-height: 1.5;color: white;'>Receive six actionable guides, including a how to start a business checklist, detailed comparisons of LLCs, corporations, sole proprietorships, and partnerships to determine the best fit for your business, plus insights on crafting a compelling pitch deck to attract investors.<\/p><img style='margin-bottom: 32px;' src='https:\/\/crowdspring3-assets.s3.amazonaws.com\/marketing\/inline-business-kit.png' \/><div style='display: flex; justify-content: center;'><ul style='list-style: none;text-align: left;font-size: 15px;color: white;flex: 1;'><li style='margin-bottom: 16px;'><i class='fa fa-check-circle'><\/i> How to Start a Business Checklist<\/li><li style='margin-bottom: 16px;'><i class='fa fa-check-circle'><\/i>Starting a Corporation Guide<\/li><li style='margin-bottom: 16px;'><i class='fa fa-check-circle'><\/i> Is an LLC Right for You?<\/li><\/ul><ul style='list-style: none;text-align: left;font-size: 15px;color: white;flex: 1;'><li style='margin-bottom: 16px;'><i class='fa fa-check-circle'><\/i> Starting a Sole Proprietorship<\/li><li style='margin-bottom: 16px;'><i class='fa fa-check-circle'><\/i> Starting Business Partnerships<\/li><\/li><li style='margin-bottom: 16px;'><i class='fa fa-check-circle'><\/i> Creating a Powerful Pitch Deck<\/li><\/ul><\/div><div style='margin-top: 14px;margin-bottom: 24px;text-align: center;'><a href='\/business-startup-kit\/' target='_blank' style='background: #23b3f1; color: white; padding: 16px 32px; border-radius: 2px; font-weight: 700;font-size:11px;'>Get your free startup kit<i class='fa fa-angle-right' style='font-size: 20px; vertical-align: middle; background: white; border-radius: 50%; padding: 4px 12px 4px 14px; color: black; margin: 0 -18px 0 16px;'><\/i><\/a><\/div><\/div><\/div><div class='show-for-medium hide-for-large'><div style='padding: 10px 32px;text-align: center;background-position: center;background-color: #DA6D5A;background-repeat: no-repeat;background-size: contain;'><h2 style='font-size: 45px;line-height: 1.2; margin-top: 12px;color: white;'>Free Business Startup Kit<\/h2><p style='font-size: 24px;margin: 20px 0 40px;line-height: 1.5;color: white;'>Receive six actionable guides, including a how to start a business checklist, detailed comparisons of LLCs, corporations, sole proprietorships, and partnerships to determine the best fit for your business, plus insights on crafting a compelling pitch deck to attract investors.<\/p><img style='margin-bottom: 32px;' src='https:\/\/crowdspring3-assets.s3.amazonaws.com\/marketing\/inline-business-kit.png' \/><div style='display: flex; justify-content: center;'><ul style='list-style: none;text-align: left;font-size: 18px;color: white;flex: 1;'><li style='margin-bottom: 16px;'><i class='fa fa-check-circle'><\/i> How to Start a Business Checklist<\/li><li style='margin-bottom: 16px;'><i class='fa fa-check-circle'><\/i> Starting a Corporation Guide<\/li><li style='margin-bottom: 16px;'><i class='fa fa-check-circle'><\/i> Is an LLC Right for You?<\/li><\/ul><ul style='list-style: none;text-align: left;font-size: 18px;color: white;flex: 1;'><li style='margin-bottom: 16px;'><i class='fa fa-check-circle'><\/i> Starting a Sole Proprietorship<\/li><li style='margin-bottom: 16px;'><i class='fa fa-check-circle'><\/i> Starting Business Partnerships<\/li><li style='margin-bottom: 16px;'><i class='fa fa-check-circle'><\/i> Creating a Powerful Pitch Deck<\/li><\/ul><\/div><div style='margin-top: 14px;margin-bottom: 24px;text-align: center;'><a href='\/business-startup-kit\/' target='_blank' style='background: #23b3f1; color: white; padding: 16px 32px; border-radius: 2px; font-weight: 700;font-size:19.2px;'>Get your free startup kit<i class='fa fa-angle-right' style='font-size: 27px; vertical-align: middle; background: white; border-radius: 50%; padding: 4px 12px 4px 14px; color: black; margin: 0 -18px 0 16px;'><\/i><\/a><\/div><\/div><\/div><div class='show-for-large'><div style='padding: 10px 32px;text-align: center;background-position: center;background-color: #DA6D5A;background-repeat: no-repeat;background-size: contain;'><h2 style='font-size: 50px;line-height: 1.2; margin-top: 12px;color: white;'>Free Business Startup Kit<\/h2><p style='font-size: 24px;margin: 20px 0 40px;line-height: 1.5;color: white;'>Receive six actionable guides, including a how to start a business checklist, detailed comparisons of LLCs, corporations, sole proprietorships, and partnerships to determine the best fit for your business, plus insights on crafting a compelling pitch deck to attract investors.<\/p><img style='margin-bottom: 32px;' src='https:\/\/crowdspring3-assets.s3.amazonaws.com\/marketing\/inline-business-kit.png' \/><div style='display: flex; justify-content: center;'><ul style='list-style: none;text-align: left;font-size: 16px;color: white;flex: 1;'><li style='margin-bottom: 16px;'><i class='fa fa-check-circle'><\/i> How to Start a Business Checklist<\/li><li style='margin-bottom: 16px;'><i class='fa fa-check-circle'><\/i> Starting a Corporation Guide<\/li><li style='margin-bottom: 16px;'><i class='fa fa-check-circle'><\/i> Is an LLC Right for You?<\/li><\/ul><ul style='list-style: none;text-align: left;font-size: 16px;color: white;flex: 1;'><li style='margin-bottom: 16px;'><i class='fa fa-check-circle'><\/i> Starting a Sole Proprietorship<\/li><li style='margin-bottom: 16px;'><i class='fa fa-check-circle'><\/i> Starting Business Partnerships<\/li><li style='margin-bottom: 16px;'><i class='fa fa-check-circle'><\/i>  Creating a Powerful Pitch Deck<\/li><\/ul><\/div><div style='margin-top: 14px;margin-bottom: 24px;text-align: center;'><a href='\/business-startup-kit\/' target='_blank' style='background: #23b3f1; color: white; padding: 16px 32px; border-radius: 2px; font-weight: 700;font-size:19.2px;'>Get your free startup kit<i class='fa fa-angle-right' style='font-size: 27px; vertical-align: middle; background: white; border-radius: 50%; padding: 4px 12px 4px 14px; color: black; margin: 0 -18px 0 16px;'><\/i><\/a><\/div><\/div><\/div><\/p>\n<ol>\n<li style=\"list-style-type: none;\">\n<ol>\n<li style=\"list-style-type: none;\">\n<ol>\n<li>It only\u00a0<strong>takes people an average of\u00a0<\/strong><strong>7 seconds<\/strong><strong>\u00a0to form an impression of your brand<\/strong>, but it takes 5-7 impressions for consumers to recognize your company logo. <strong>Use designs and colors that align with your brand&#8217;s values<\/strong>. Create a <a href=\"https:\/\/www.crowdspring.com\/website-design\/\" target=\"_blank\" rel=\"noopener\">website design<\/a> that is easy to navigate and provides all the necessary information about your brand. (<a href=\"https:\/\/www.psychologicalscience.org\/observer\/how-many-seconds-to-a-first-impression\" target=\"_blank\" rel=\"noopener\">Psychological Science<\/a>). And be sure to <a href=\"https:\/\/www.crowdspring.com\/blog\/brand-architecture\/\" target=\"_blank\" rel=\"noopener\">pick the proper brand architecture model<\/a> that connects your products, services, and sub-brands.<\/li>\n<li><strong>First impressions<\/strong><strong> are vital to developing loyalty<\/strong>; Nearly half of consumers are likelier to become loyal to a brand during the <a href=\"https:\/\/www.crowdspring.com\/blog\/brand-experience\/\" target=\"_blank\" rel=\"noopener\">first purchase or experience<\/a>. (<a href=\"https:\/\/www.crowdspring.com\/blog\/first-impression\/\" target=\"_blank\" rel=\"noopener\">crowdspring<\/a>)<\/li>\n<li><strong>On average, companies spend <a href=\"https:\/\/desk.thecontentcloud.net\/inspiration\/rebranding-is-it-always-worth-it#.YpgtUBNBx6p\" target=\"_blank\" rel=\"noopener noreferrer\">5-10%<\/a> of their annual marketing budget on rebranding.<\/strong> When considering a brand refresh, research strategies to help achieve your desired brand image and set an appropriate budget and time before rebranding.<\/li>\n<li><strong><a href=\"https:\/\/landor.com\/news\/landor-ma-brand-study-first-quantitative-ma-brand-benchmark\" target=\"_blank\" rel=\"noopener noreferrer\">74% of the S&amp;P 100<\/a> companies have rebranded their business in the first seven years.<\/strong> Some companies, including Gap and <a href=\"https:\/\/www.rebellionresearch.com\/what-is-the-brief-history-of-mastercard\" target=\"_blank\" rel=\"noopener\">Mastercard<\/a>, faced backlash when changing their logo. So, consider whether you need a refresh or a completely new brand identity.<\/li>\n<li><strong><a href=\"https:\/\/www.studyfinds.org\/brand-awareness-survey-ranks-top-30-most-recognizable-logos-in-the-u-s\/\" target=\"_blank\" rel=\"noopener noreferrer\">60% of consumers<\/a> avoid companies with logos that have weird or unappealing designs, even if they have good reviews.<\/strong><\/li>\n<li>If you trademark your logo, pay attention to the details. <strong>In the U.S., a trademark can last forever, but it needs to be renewed <a href=\"https:\/\/patentlawip.com\/blog\/long-trademark-last\/\" target=\"_blank\" rel=\"noopener noreferrer\">every 10 years<\/a>.<\/strong><\/li>\n<li>It&#8217;s vital to keep up with the times and evolve your brand. <strong>Most companies consider rebranding once every<a href=\"https:\/\/www.entrepreneur.com\/article\/312270\" target=\"_blank\" rel=\"noopener noreferrer\"> 7 to 10 years <\/a>with more minor refreshes in between to elevate their visual identity.<\/strong><\/li>\n<li>If you&#8217;re completely overhauling your brand, <strong>the whole rebranding process can take <a href=\"https:\/\/www.forbes.com\/sites\/forbesagencycouncil\/2021\/10\/13\/are-you-rebrand-ready-6-unexpected-things-to-know-about-the-rebranding-process\/?sh=2952fb222b4a\" target=\"_blank\" rel=\"noopener noreferrer\">12 to 18 months<\/a> from start to finish.<\/strong><\/li>\n<li><strong>64% of consumers<\/strong><strong>\u00a0form brand loyalty because of shared values<\/strong>. Your brand values help increase relatability and foster stronger relationships with your audience. (<a href=\"https:\/\/hbr.org\/2012\/05\/three-myths-about-customer-eng\" target=\"_blank\" rel=\"noopener\">Harvard Business Review<\/a>)<\/li>\n<li><strong>Branded content is more effective than pre-roll ads<\/strong>\u00a0(promotional videos before seeing the chosen content).\u00a086% of viewers could recall a brand after viewing branded content than regular pre-roll ads. (<a href=\"https:\/\/www.nielsen.com\/us\/en\/insights\/article\/2016\/quality-branded-content-outperforms-pre-roll-advertising\/\" target=\"_blank\" rel=\"noopener\">Nielsen<\/a>)<\/li>\n<li><strong>Colors can help improve<\/strong><strong>\u00a0brand recognition by 80%<\/strong>. Stay consistent and use the same <a href=\"https:\/\/www.crowdspring.com\/blog\/color-theory\/\" target=\"_blank\" rel=\"noopener\">colors<\/a> across all branding materials. (<a href=\"https:\/\/www.tourolaw.edu\/lawreview\/uploads\/pdfs\/27_2\/9.pdf\" target=\"_blank\" rel=\"noopener\">Touro Law<\/a>)<\/li>\n<li><strong>Color<\/strong><strong>\u00a0impacts the strength of your branding<\/strong>. Color is one of the first things our brains perceive from a brand, so it&#8217;s often the first thing that pulls us in. (<a href=\"https:\/\/www.crowdspring.com\/marketing-psychology\/color-psychology\/\" target=\"_blank\" rel=\"noopener\">crowdspring<\/a>)<\/li>\n<li><a href=\"https:\/\/www.feedough.com\/why-brand-name-choose-a-good-brand-name\/\" target=\"_blank\" rel=\"noopener\"><strong>80% of male and 76% of female<\/strong><\/a><strong>\u00a0customers purchase products from brands they know<\/strong>. You must increase your brand&#8217;s presence in all media to increase brand recognition.<\/li>\n<li><strong>Customized content increases brand positivity<\/strong>. 82% of consumers feel better about a brand after reading customized content. Invest in creating quality content consistently to improve brand visibility, educate your audience, and share your brand&#8217;s values. (<a href=\"https:\/\/www.demandmetric.com\/content\/press-releases-news-coverage\" target=\"_blank\" rel=\"noopener\">Demand Metric<\/a>)<\/li>\n<li><strong>73% of consumers<\/strong><strong>\u00a0prefer a personalized shopping experience<\/strong>. Personalization is critical to standing out. You can start by sending out customized emails or offering special deals. (<a href=\"https:\/\/www.demandmetric.com\/content\/press-releases-news-coverage\" target=\"_blank\" rel=\"noopener\">Demand Metric<\/a>)<\/li>\n<li>Personalization is crucial, as 72% of customers only engage with personalized messaging. (<a href=\"https:\/\/c.smarterhq.com\/resources\/Retail-Personalization-Playbook.pdf\" target=\"_blank\" rel=\"noopener\">SmarterHQ<\/a>)<\/li>\n<li><strong>A consistent presence on all platforms can increase revenue by <\/strong><strong>23%<\/strong>. Brand recognition is essential to earning more. Your brand must communicate consistently across all platforms, from social media to <a href=\"https:\/\/www.crowdspring.com\/packaging-design\/\" target=\"_blank\" rel=\"noopener\">product packaging<\/a>. (<a href=\"https:\/\/www.forbes.com\/sites\/gabrielshaoolian\/2018\/08\/10\/10-marketing-web-design-branding-statistics-to-help-you-prioritize-business-growth-initiatives\/\" target=\"_blank\" rel=\"noopener\">Forbes<\/a>)<\/li>\n<li><strong>54% of consumers<\/strong><strong> prefer to see more video content from brands they trust<\/strong>. Videos get over 1,200% more shares than text and images. Leverage this by creating videos with content that are short and engaging. (<a href=\"https:\/\/blog.hubspot.com\/marketing\/video-marketing-statistics?_ga=2.171887844.510899788.1612468743-111581768.1612468743\" target=\"_blank\" rel=\"noopener\">Hubspot<\/a>)<\/li>\n<li><strong>92% of marketers <\/strong><strong>claim that\u00a0<\/strong><a href=\"https:\/\/www.crowdspring.com\/blog\/brand-authenticity\/\" target=\"_blank\" rel=\"noopener\"><strong>brand authenticity<\/strong><\/a><strong>\u00a0is essential to their brands<\/strong>. Being authentic is critical to separate your brand from competitors. (<a href=\"https:\/\/www.businesswire.com\/news\/home\/20190220005302\/en\/Stackla-Survey-Reveals-Disconnect-Content-Consumers-Marketers\" target=\"_blank\" rel=\"noopener\">Stackla<\/a>)<\/li>\n<li><strong><a href=\"https:\/\/www.crowdspring.com\/blog\/brand-equity\/\" target=\"_blank\" rel=\"noopener\">Brand equity<\/a> is a crucial element in your company&#8217;s branding strategy.<\/strong> To build valuable brand equity, companies must nurture a genuine rapport and develop trust with their target audience. (<a href=\"https:\/\/www.crowdspring.com\/blog\/brand-equity\/\" target=\"_blank\" rel=\"noopener\">crowdspring<\/a>)<\/li>\n<li><strong>46% of consumers will pay more for products and services from trusted brands.<\/strong> The more people recognize and believe your brand, the more they buy from you and the more they&#8217;re willing to spend. (<a href=\"https:\/\/www.salsify.com\/blog\/2022-shopping-research-reveals-consumer-insights\" target=\"_blank\" rel=\"noopener\">Salsify Digital<\/a>).<\/li>\n<li><strong>95% of the top 100<\/strong><strong>\u00a0brands only use one or two colors in their logos<\/strong>. Simple and straightforward\u00a0brand logo designs outlast trends and can last for a long time. (<a href=\"https:\/\/blog.marketo.com\/2018\/05\/brand-colors-can-reveal-business.html#:~:text=What's%20interesting%20is%20that%2095,involved%20it%20in%20their%20logos.\" target=\"_blank\" rel=\"noopener\">Marketo<\/a>)<\/li>\n<li><strong>60% of Fortune 500<\/strong><strong>\u00a0companies use <a href=\"https:\/\/www.crowdspring.com\/blog\/types-of-logo-best-for-business\/\" target=\"_blank\" rel=\"noopener\">combination logos<\/a><\/strong> \u2013 a combination of text and illustrations. It&#8217;s easier for people to recognize your logo when it includes the brand name and the icon that best represents your business. (<a href=\"https:\/\/www.websiteplanet.com\/blog\/logo-design-stats\/\" target=\"_blank\" rel=\"noopener\">Website Planet<\/a>)<\/li>\n<li><strong>60% of companies use nondescriptive logos, and 40% use descriptive logos<\/strong> (that literally communicate the type of product or service the company is marketing). (<a href=\"https:\/\/www.crowdspring.com\/blog\/descriptive-vs-non-descriptive-logos\/\" target=\"_blank\" rel=\"noopener\">crowdspring<\/a>)<\/li>\n<li><strong>Consumers generally prefer descriptive logos<\/strong>. Descriptive logos reflect a more authentic brand, and consumers find it easier to remember descriptive logos and understand a brand&#8217;s product or service. (<a href=\"https:\/\/www.crowdspring.com\/blog\/descriptive-vs-non-descriptive-logos\/\" target=\"_blank\" rel=\"noopener\">crowdspring<\/a>)<\/li>\n<li><strong>A descriptive logo<\/strong> (that literally communicates the type of product or service the company is marketing)\u00a0<strong>is more likely to improve brand performance<\/strong>. (<a href=\"https:\/\/www.crowdspring.com\/blog\/descriptive-vs-non-descriptive-logos\/\" target=\"_blank\" rel=\"noopener\">crowdspring<\/a>)<\/li>\n<li><strong>Fully connected customers to your brand are <\/strong><a href=\"https:\/\/hbr.org\/2015\/11\/the-new-science-of-customer-emotions\" target=\"_blank\" rel=\"noopener\"><strong>52% more<\/strong><\/a><strong>\u00a0valuable than satisfied customers<\/strong>, while emotionally connected customers have a\u00a0<strong>staggering <\/strong><strong>306% higher lifetime<\/strong><strong>\u00a0value<\/strong>. (<a href=\"https:\/\/www.prnewswire.com\/news-releases\/new-retail-study-shows-marketers-under-leverage-emotional-connection-300720049.html\" target=\"_blank\" rel=\"noopener\">P.R. Newswire<\/a>)<\/li>\n<li><strong>82% of people<\/strong><strong>\u00a0trust a brand more<\/strong> when high-level executives are active on social media. (<a href=\"https:\/\/davekerpen.com\/uncategorized\/the-social-ceo-is-more-successful\/\" target=\"_blank\" rel=\"noopener\">Dave Kerpen<\/a>)<\/li>\n<li><strong>Content marketing generates\u00a03x more leads than <a href=\"https:\/\/www.crowdspring.com\/blog\/small-business-marketing-guide-types-of-traditional-and-online-marketing\/\" target=\"_blank\" rel=\"noopener\">traditional marketing strategies<\/a>.<\/strong> Create actionable and helpful content that people can learn from. (<a href=\"https:\/\/www.demandmetric.com\/content\/content-marketing-infographic\" target=\"_blank\" rel=\"noopener\">Demand Metric<\/a>)<\/li>\n<li><strong>More than 60% of marketers measure <a href=\"https:\/\/www.crowdspring.com\/blog\/content-marketing-small-business\/\" target=\"_blank\" rel=\"noopener\">content marketing strategy<\/a> success through sales<\/strong>. (<a href=\"https:\/\/www.hubspot.com\/state-of-marketing?_ga=2.20363704.1632863817.1647624595-1286134494.1647624595&amp;hubs_post=blog.hubspot.com\/marketing\/state-of-content-marketing-infographic&amp;hubs_post-cta=60%25\" target=\"_blank\" rel=\"noopener\">Hubspot<\/a>)<\/li>\n<li>The <strong>top three challenges<\/strong> content marketers face are <strong>finding new content ideas, <a href=\"https:\/\/www.crowdspring.com\/blog\/content-marketing-guide\/\" target=\"_blank\" rel=\"noopener\">creating content to drive leads<\/a>, and generating content that will receive lots of engagement<\/strong>. (<a href=\"https:\/\/contentmarketinginstitute.com\/2021\/10\/b2b-power-content-marketing-research\/\" target=\"_blank\" rel=\"noopener\">Content Marketing Institute<\/a>)<\/li>\n<li><strong>Video is the number one content format that marketers will use in 2022.<\/strong> Many businesses have leveraged TikTok&#8217;s large platform dominated by millennials and Gen Z and effective algorithms to market. If <a href=\"https:\/\/www.crowdspring.com\/blog\/marketing-on-tiktok\/\" target=\"_blank\" rel=\"noopener\">marketing on TikTok<\/a>, focus on creating fun and engaging content for your audience. (<a href=\"https:\/\/www.hubspot.com\/state-of-marketing?_ga=2.20363704.1632863817.1647624595-1286134494.1647624595&amp;hubs_post=blog.hubspot.com\/marketing\/state-of-content-marketing-infographic&amp;hubs_post-cta=number%20one%20format\" target=\"_blank\" rel=\"noopener\">Hubspot<\/a> and <a href=\"https:\/\/www.crowdspring.com\/blog\/marketing-on-tiktok\/\" target=\"_blank\" rel=\"noopener\">crowdspring<\/a>)<\/li>\n<li><strong>87% of marketers\u00a0claim that\u00a0<a href=\"https:\/\/www.crowdspring.com\/blog\/video-marketing\/\" target=\"_blank\" rel=\"noopener\">video<\/a> has helped increase site traffic<\/strong>. (<a href=\"https:\/\/www.wyzowl.com\/video-marketing-statistics\/#:~:text=More%20than%2099%25%20of%20people,continue%20using%20video%20in%202021.&amp;text=Two%20thirds%20of%20marketers%20(66,spend%20on%20video%20in%202022.&amp;text=88%25%20of%20people%20would%20like,3%25%20from%20last%20year.)\" target=\"_blank\" rel=\"noopener\">wyzowl<\/a>). According to the <a href=\"https:\/\/animoto.com\/state-of-video\" target=\"_blank\" rel=\"noopener\">2026 Animoto survey<\/a>, 36% of consumers feel that purely AI-generated videos lower their perception of a brand. The fix? Keep it human. 77.9% said they trust videos with real people and brand media.<\/li>\n<li><strong>70% of people prefer to get information from blogs than regular advertisements<\/strong>. (<a href=\"https:\/\/www.demandmetric.com\/content\/content-marketing-infographic\" target=\"_blank\" rel=\"noopener\">Demand Metric<\/a>)<\/li>\n<li><strong>Companies that have blogs generate 67% <\/strong><strong>more monthly leads than those<\/strong><strong> that don&#8217;t have blogs<\/strong> &#8211; and companies have noticed. <strong>Blogs account for 434% more indexed pages on Google<\/strong>. (<a href=\"https:\/\/www.demandmetric.com\/content\/content-marketing-infographic\" target=\"_blank\" rel=\"noopener\">Demand Metric<\/a>)<\/li>\n<li><strong>Virtual events yielded the best B2B marketing channel results in 2021 and 2022<\/strong>. And with people having adjusted to their work-from-home setups, we expect it to continue or grow more this year. (<a href=\"https:\/\/contentmarketinginstitute.com\/2021\/10\/b2b-power-content-marketing-research\/\" target=\"_blank\" rel=\"noopener\">Content Marketing Institute<\/a>)<\/li>\n<li><strong>B2B content assets such as short articles of less than 3,000 words ranked third in best results for the past 12 months<\/strong>. Content that is concise and actionable is easier to absorb. (<a href=\"https:\/\/contentmarketinginstitute.com\/2021\/10\/b2b-power-content-marketing-research\/\" target=\"_blank\" rel=\"noopener\">Content Marketing Institute<\/a>)<\/li>\n<li><strong>56% of marketers say blogging is effective,<\/strong> and 10% state that it generates a significant return on investment. (<a href=\"https:\/\/blog.hubspot.com\/marketing\/marketing-trends\" target=\"_blank\" rel=\"noopener\">Hubspot<\/a>)<\/li>\n<li>It&#8217;s essential to offer your audience more than just products and services. <strong>As many as 81% of marketers actively use content marketing<\/strong>. This speaks volumes of the efficacy of blogging in generating leads and increasing engagement for your brand. (<a href=\"https:\/\/www.hubspot.com\/state-of-marketing?_ga=2.20363704.1632863817.1647624595-1286134494.1647624595&amp;hubs_post=blog.hubspot.com\/marketing\/state-of-content-marketing-infographic&amp;hubs_post-cta=number%20one%20format\" target=\"_blank\" rel=\"noopener\">Hubspot<\/a>)<\/li>\n<li><strong>Up to 70% of consumers feel closer to a brand because of content marketing<\/strong>. Sharing your knowledge and expertise as a brand can strengthen your relationship with your customers. (<a href=\"https:\/\/www.demandmetric.com\/content\/content-marketing-infographic\" target=\"_blank\" rel=\"noopener\">Demand Metric<\/a>)<\/li>\n<li><strong>How-to articles are the most popular form of content at 77%, followed by trends and news at 49% and ebooks and guides at 47%<\/strong>. (<a href=\"https:\/\/www.statista.com\/statistics\/314422\/blogging-format-content\/\" target=\"_blank\" rel=\"noopener\">Statista<\/a>)<\/li>\n<li><strong>When shared by employees, marketing messages reach <\/strong><strong>561% more people<\/strong><strong> than the brand itself.<\/strong> This is because people are more likely to trust others than a faceless company. (<a href=\"https:\/\/www.scribd.com\/doc\/249863818\/Infographic-Social-Employee-Advocacy\" target=\"_blank\" rel=\"noopener\">Scribd<\/a>)<\/li>\n<li><strong>64% of small businesses use email marketing<\/strong>. When leveraging email marketing, avoid appearing spammy and communicate your intentions to people wholesomely. (<a href=\"https:\/\/www.campaignmonitor.com\/resources\/guides\/the-state-of-small-business-marketing\/#one\" target=\"_blank\" rel=\"noopener\">Campaign Monitor<\/a>)<\/li>\n<li><strong>As many as 4 billion people use email daily,<\/strong> and it&#8217;s expected to reach up to 4.6 billion by 2025. (<a href=\"https:\/\/www.statista.com\/statistics\/255080\/number-of-e-mail-users-worldwide\/\" target=\"_blank\" rel=\"noopener\">Statista<\/a>)<\/li>\n<li><strong>29% of marketers believe email marketing is the most effective way to market<\/strong>, followed by content marketing at 25% and social media at 20%. (<a href=\"https:\/\/gr-dms.s3.amazonaws.com\/resources\/sites\/2\/2019\/05\/0645\/email-marketing-and-marketing-automation-excellence-2018.pdf\" target=\"_blank\" rel=\"noopener\">GetResponse and SmartInsights<\/a>)<\/li>\n<li><strong>Email marketing is more effective than\u00a0<a href=\"https:\/\/www.crowdspring.com\/blog\/social-media-marketing\/\" target=\"_blank\" rel=\"noopener\">social media marketing<\/a>\u00a0at driving sales<\/strong>. 60% of consumers claim to have purchased due to email marketing, while 12.5% claim to consider purchasing an item because of social media. (<a href=\"https:\/\/optinmonster.com\/email-marketing-vs-social-media-performance-2016-2019-statistics\/\" target=\"_blank\" rel=\"noopener\">Optin Monster<\/a>)<\/li>\n<li><strong>21% of sent emails are opened within an hour after delivery<\/strong>. You must catch the attention of the people you&#8217;re contacting. Make sure to use curious subject lines. (<a href=\"https:\/\/www.getresponse.com\/resources\/reports\/email-marketing-benchmarks\" target=\"_blank\" rel=\"noopener\">Get Response<\/a>)<\/li>\n<li><strong>61% of subscribers prefer to receive weekly promotional emails,<\/strong> while 38% prefer them more frequently. Sending out promotional emails once a week helps keep your audience interested and engaged without overloading them with information. (<a href=\"https:\/\/marketingsherpa.com\/article\/chart\/how-customers-want-promo-emails\" target=\"_blank\" rel=\"noopener\">Marketing Sherpa<\/a>)<\/li>\n<li><strong>The best days to send emails are Tuesday and Thursday<\/strong>, while the worst are on weekends. So, plan on your email outreaches and aim for the days when people are still in their work modes. (<a href=\"https:\/\/customer.io\/blog\/timing-week-day-email-sending-schedule\/\" target=\"_blank\" rel=\"noopener\">CustomerIO<\/a> and <a href=\"https:\/\/optinmonster.com\/the-best-time-to-send-emails-heres-what-studies-show\/\" target=\"_blank\" rel=\"noopener\">Optin Monster<\/a>)<\/li>\n<li><strong>Email marketing is\u00a040x more effective at gaining customers than Facebook and Twitter combined<\/strong>. So, plan strategically for each of your email campaigns. (<a href=\"https:\/\/www.mckinsey.com\/business-functions\/marketing-and-sales\/our-insights\/why-marketers-should-keep-sending-you-emails\" target=\"_blank\" rel=\"noopener\">Mckinsey<\/a>)<\/li>\n<li><strong>63% of companies that are successful in using automation plan to increase their budget for marketing automation<\/strong>. Hence, you don&#8217;t have to waste time sending emails manually. Take advantage of technology to propel your business to success. (<a href=\"https:\/\/uk.marketo.com\/ebooks\/marketing-automation-strategies-for-sustaining-success-ascend2\/\" target=\"_blank\" rel=\"noopener\">Marketo<\/a>)<\/li>\n<li>According to\u00a0Nielsen, <strong>92% of consumers believe in referrals from people they know<\/strong>. <a href=\"https:\/\/getjobber.com\/academy\/how-to-create-referral-program\/\" target=\"_blank\" rel=\"noopener\">Referral programs<\/a> requiring customers to share with friends and family are the most effective in converting to leads. (<a href=\"https:\/\/www.nielsen.com\/us\/en\/insights\/report\/2012\/global-trust-in-advertising-and-brand-messages-2\/\" target=\"_blank\" rel=\"noopener\">Nielsen<\/a>)<\/li>\n<li>There is a\u00a0\u00a0<strong>37% higher retention rate from people referred by other customers<\/strong>. (<a href=\"https:\/\/www.slideshare.net\/brandonmurphy\/brand-advocacy-and-social-media-2009-gma-conference\" target=\"_blank\" rel=\"noopener\">22squared<\/a>)<\/li>\n<li><strong>86% of customers\u00a0would pay more for\u00a0<a href=\"https:\/\/www.crowdspring.com\/blog\/customer-experience\/\" target=\"_blank\" rel=\"noopener\">excellent customer service<\/a><\/strong>. Ensure to standardize your customer service process and attend to your customers adequately. (<a href=\"https:\/\/walkerinfo.com\/cxleader\/customers-2020-a-progress-report\/\" target=\"_blank\" rel=\"noopener\">Walker Info<\/a>)<\/li>\n<li><span class=\"s1\"><b>73% of consumers<\/b><\/span><b> say they love a brand because of customer service. <\/b>Your customer support team can help provide an excellent <a href=\"https:\/\/www.crowdspring.com\/blog\/customer-experience\/\" target=\"_blank\" rel=\"noopener\">customer experience<\/a> and strengthen your brand. (<a href=\"https:\/\/curatti.com\/branding-facts\/\" target=\"_blank\" rel=\"noopener\">Curatti<\/a>)<\/li>\n<li><strong>Word of mouth<\/strong> is the most effective way to influence people. It <strong>affects 20% to 50% of consumers&#8217; purchase decisions<\/strong>. (<a href=\"https:\/\/www.mckinsey.com\/business-functions\/marketing-and-sales\/our-insights\/a-new-way-to-measure-word-of-mouth-marketing\" target=\"_blank\" rel=\"noopener\">Mckinsey<\/a>)<\/li>\n<li><strong>28% of millennials won&#8217;t try a product if friends disapprove of it<\/strong>. A single bad review could significantly affect your brand&#8217;s name. After receiving a bad review, it&#8217;s best to address and improve products or services ASAP. (<a href=\"https:\/\/www.extole.com\/wp-content\/uploads\/2015\/03\/Extole_Fact_vs_Fiction_ePaper.pdf?mkt_tok=eyJpIjoiTldNeU9UTXpaV0k0TW1GaCIsInQiOiJyYWdMSW9FdnZLeEpyZ01YeXY1XC9RRCtaQWVHQWM0TTNyMkNlcXhGeXJHRDhIUUk2K3BDQnFGakIrSWxvVjhieGFhNnc3SVlCMFJwSEhXazFmU0VcL3FuZzJ4aHdHWjUwS1B5TG9pMFNUVmphSWViN3RjME1FNmdtWjdMU1VIVGlCIn0%3D\" target=\"_blank\" rel=\"noopener\">Extole<\/a>)<\/li>\n<li><strong>78% of marketers believe referral marketing produces excellent results<\/strong>. So, your referral program should have substantial rewards and be tailored to fit your audience. (<a href=\"https:\/\/influitive.com\/blog\/infographic-17-stats-about-b2b-referrals-you-should-know-but-probably-dont\/\" target=\"_blank\" rel=\"noopener\">Influitive<\/a>)<\/li>\n<li><strong>74% of U.S. online shoppers check multiple affiliate websites before purchasing<\/strong>. (<a href=\"https:\/\/cybercashworldwide.com\/affiliate-marketing-industry-statistics\" target=\"_blank\" rel=\"noopener\">Cybercrash Worldwide<\/a>)<\/li>\n<li><strong>Up to 79% of marketers use affiliate marketing<\/strong> to engage with their customers. Engaging with existing customers helps increase conversion rates and improve online purchases. (<a href=\"https:\/\/getcake.com\/blog-digital-marketing-stats\/\" target=\"_blank\" rel=\"noopener\">Cake<\/a>)<\/li>\n<li><strong>People are\u00a04x more likely to buy a product when referred by a friend<\/strong>. (<a href=\"https:\/\/www.ericstownsendmarketing.com\/wp-content\/uploads\/2010\/09\/referral_programs1.pdf\" target=\"_blank\" rel=\"noopener\">Eric Townsend<\/a>)<\/li>\n<li>The search interest for &#8220;affiliate marketing&#8221; has risen over 200% since 2015. <strong>Affiliate marketing<\/strong> <strong>is becoming one of the most <a href=\"https:\/\/www.crowdspring.com\/blog\/marketing-plan\/\" target=\"_blank\" rel=\"noopener\">reliable marketing strategies<\/a> to ensure profit for your business<\/strong>. (<a href=\"https:\/\/trends.google.com\/trends\/explore?date=today%205-y&amp;q=affiliate%20marketing\" target=\"_blank\" rel=\"noopener\">Google<\/a>)<\/li>\n<li><strong>Over 200 million brands use Facebook&#8217;s free marketing tools<\/strong> to connect with their audience. Facebook remains one of the easiest ways small businesses can promote their products and services online and connect with customers. (<a href=\"https:\/\/s21.q4cdn.com\/399680738\/files\/doc_financials\/2020\/q4\/FB-Q4-2020-Conference-Call-Transcript.pdf\" target=\"_blank\" rel=\"noopener\">Facebook<\/a>)<\/li>\n<li><strong>67% of online shoppers bought a product after seeing it advertised on social media<\/strong>. Ensure to craft a comprehensive social media marketing strategy that is targeted to hit your target audience. (<a href=\"https:\/\/internetretailing.net\/mobile-theme\/mobile-theme\/67-of-consumers-purchase-products-they-discover-on-retailers-social-media-channels-research-reveals-17323#:~:text=Home%20%3E%20Themes%20%3E%20Mobile-,67%25%20of%20consumers%20purchase%20products%20they%20discover%20on%20retailers,social%20media%20channels%2C%20research%20reveals&amp;text=More%20than%20two%20thirds%20(67,media%20channels%2C%20new%20research%20reveals.\" target=\"_blank\" rel=\"noopener\">Internet Retailing<\/a>)<\/li>\n<li><strong>54% of people browse social media because they want more information on potential products to buy<\/strong>. Commit to creating fun and engaging content on your social media platforms to boost engagement. (<a href=\"https:\/\/blog.globalwebindex.com\/chart-of-the-day\/social-browsers-brand\/\" target=\"_blank\" rel=\"noopener\">Global Web Index<\/a>)<\/li>\n<li><strong>71% of consumers would recommend a brand if they had an excellent social media experience with them<\/strong>. Use a conversational tone when communicating with your customers through social media. (<a href=\"https:\/\/www.getambassador.com\/blog\/social-customer-service-infographic\" target=\"_blank\" rel=\"noopener\">Ambassador<\/a>)<\/li>\n<li>Instagram is still one of the most effective platforms for increasing brand awareness and reaching wider audiences. <strong>Over 90% of Instagram\u00a0users follow a brand<\/strong>. Leverage this and start <a href=\"https:\/\/www.crowdspring.com\/blog\/instagram-marketing\/\" target=\"_blank\" rel=\"noopener\">marketing on Instagram<\/a> effectively. (<a href=\"https:\/\/business.instagram.com\/\" target=\"_blank\" rel=\"noopener\">Instagram<\/a>)<\/li>\n<li><strong>About\u00a02 in 3 people claim that Instagram helps them connect with businesses<\/strong>. Increase your brand visibility by using Instagram for Business to help reach a larger audience and connect with other companies. (<a href=\"https:\/\/business.instagram.com\/\" target=\"_blank\" rel=\"noopener\">Instagram<\/a>)<\/li>\n<li><strong>90% of social media users have communicated with a brand due to its social media presence<\/strong>. (<a href=\"https:\/\/www.smartinsights.com\/customer-relationship-management\/customer-service-and-support\/rise-social-media-customer-care\/\" target=\"_blank\" rel=\"noopener\">Smart Insights<\/a>)<\/li>\n<li>Twitter is more popular with millennials\u00a0than Gen-Z. While TikTok sits on the opposite end, with\u00a0Gen-Z dominating\u00a0the platform. <strong>To reach younger audiences, consider marketing on <a href=\"https:\/\/www.crowdspring.com\/blog\/twitter-marketing\/\" target=\"_blank\" rel=\"noopener\">Twitter<\/a> or\u00a0<a href=\"https:\/\/www.crowdspring.com\/blog\/marketing-on-tiktok\/\" target=\"_blank\" rel=\"noopener\">TikTok<\/a><\/strong>. (<a href=\"https:\/\/www.statista.com\/statistics\/283119\/age-distribution-of-global-twitter-users\/\" target=\"_blank\" rel=\"noopener\">Statista<\/a> and <a href=\"https:\/\/fanbytes.co.uk\/gen-z-tiktok#:~:text=It's%20not%20just%20that%20TikTok,they%20use%20the%20platform%20daily.\" target=\"_blank\" rel=\"noopener\">Fanbytes<\/a>)<\/li>\n<li><strong>49% of social media users depend on influencers&#8217; opinions for purchasing decisions<\/strong>. Make sure to find the right influencers who fit your brand and target audience to help promote your brand effectively. (<a href=\"https:\/\/www.crowdspring.com\/blog\/influencer-marketing-strategies\/\" target=\"_blank\" rel=\"noopener\">crowdspring<\/a>)<\/li>\n<li>Digital professionals claim that <strong>Instagram is the most crucial channel for influencer marketing (89%), followed by YouTube (70%) and Facebook (45%)<\/strong>. (<a href=\"https:\/\/mediakix.com\/influencer-marketing-resources\/influencer-marketing-industry-statistics-survey-benchmarks\/#instagram\" target=\"_blank\" rel=\"noopener\">Mediakix<\/a>)<\/li>\n<li><strong>Online communities help strengthen brand trust.<\/strong> This is especially true for women (64.3%) and people aged 18-22 (44.9%). (<a href=\"https:\/\/www.tandfonline.com\/doi\/full\/10.1080\/23311975.2022.2149152\" target=\"_blank\" rel=\"noopener\">Taylor &amp; Francis Online<\/a>)<\/li>\n<li><strong>81% of people visit a brand&#8217;s website from social media<\/strong>. Make sure to link your brand&#8217;s website to your social media profiles to increase traffic and make it easier for your audience to find you. (<a href=\"https:\/\/visual.ly\/twitter-follower\/\" target=\"_blank\" rel=\"noopener\">Visual.ly<\/a>)<\/li>\n<\/ol>\n<p><div class=\"subscription-hero-snippet image-on-left\" style=\"background: #3B2B8F\"><div class=\"title centered\">What\u2019s your brand\u2019s true essence?<\/div><div class=\"main-content\"><div class=\"image-wrapper\"><img decoding=\"async\" src=\"https:\/\/assets.crowdspring.com\/marketing\/landing-page\/brand-archetype-hero.png\" alt=\"brand archetype illustration of the magician\"\/><\/div><div class=\"form-wrapper\"><div class=\"subtitle\">Discover your brand's unique character in just 3 minutes & unveil 15 key insights to make your brand stronger.<\/div><a target=\"_blank\" class=\"btn btn-primary\" href=\"https:\/\/www.crowdspring.com\/brand-archetype-quiz\/\">Start the free quiz now!<\/a><\/div><\/div><\/div><\/p>\n<p>Like anything else, branding is a massive investment in your company financially and in sweat equity. By focusing on some of these statistics, entrepreneurs and marketers can be more informed when making critical decisions that will affect the perception of their brand. Understanding consumers&#8217; preferences with colors or their use of social channels can help entrepreneurs focus more on the channels with which their audience interacts.<\/p>\n<p>We hope these insights help you <a href=\"https:\/\/www.crowdspring.com\/blog\/starting-a-business\/\" target=\"_blank\" rel=\"noopener\">start building your brand<\/a> or motivate you to look at how you can <a href=\"https:\/\/www.crowdspring.com\/blog\/how-to-rebrand\/\" target=\"_blank\" rel=\"noopener\">refresh your existing brand<\/a>. It&#8217;s never too late to make an impact!<\/p>\n<p><a href=\"https:\/\/www.crowdspring.com\/how-it-works\/?utm_source=csblog&utm_medium=brandidentity&utm_campaign=cta\" target=\"_blank\"><img decoding=\"async\" class=\"alignnone size-full wp-image-35262\" src=\"https:\/\/images.crowdspring.com\/blog\/wp-content\/uploads\/2022\/05\/06164945\/small-business-blog-master-cta.png\" alt=\"\" width=\"700\" height=\"466\" \/><\/a><\/li>\n<\/ol>\n<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>Help your business stand out. Here are 70+ important insights on branding that every entrepreneur and marketer should know.<\/p>\n","protected":false},"author":25541,"featured_media":23025,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3154],"tags":[1818,3160,2349,2635,659,3159,1399,678],"class_list":["post-23024","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brand-identity","tag-digital-marketing","tag-growing-a-business","tag-marketing-strategy","tag-small-business-marketing","tag-social-media-marketing","tag-starting-a-business","tag-startup-marketing","tag-startups"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>74 Branding Statistics Every Entrepreneur and Marketer Needs to Know in 2024 - crowdspring Blog<\/title>\n<meta name=\"description\" content=\"Help your business stand out. Here are 70+ important insights on branding that every entrepreneur and marketer should know.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"74 Branding Statistics Every Entrepreneur and Marketer Needs to Know in 2024 - crowdspring Blog\" \/>\n<meta property=\"og:description\" content=\"Help your business stand out. 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