Last Updated on December 29, 2023 by DesignerPeople Did you know that the FMCG market industry will grow from USD 121.8 billion in 2023 to USD 230.6 billion by 2032? Being one of the most crowded industries, the competition...
Last Updated on December 29, 2023 by DesignerPeople
Did you know that the FMCG market industry will grow from USD 121.8 billion in 2023 to USD 230.6 billion by 2032?
Being one of the most crowded industries, the competition is a tough nut to crack. Amidst numerous branding and marketing strategies, consumers now have countless options for their requirements. Hence, it’s time to finally level up your strategies this year.
In this guide, we will share a comprehensive guide that can effectively help you create your upcoming FMCG branding for Indian audiences. These strategies will offer enhanced brand visibility and recall to continue your growing sales in 2024. Let’s get started.
What do we mean by FMCG branding?
Starting right from the basics, the term FMCG represents Fast-Moving-Consumer-Goods. Here, you can find personal care items, healthcare products, processed food and beverages, etc.
The only way to thrive in the competitive FMCG market is to create unique branding strategies that will make your brand stand out from the rest.
The best branding strategies can effectively help your brand stay distinctive from the plethora of alternatives present in the Indian market.
The key is choosing the best FMCG branding strategies to elevate your brand name and value among Indian audiences. This will eventually influence many customers’ purchasing decisions, resulting in increased sales over the years.
Why should we build a branding strategy in the FMCG sector?
Being such a demanding industry, you must stay on top of your strategies to increase your annual sales.
FMCG strategies are excellent to increase the visibility of your brand, especially when you are a newcomer in the industry. Your brand will get adequate exposure across various channels and media. Again, this is an excellent way to attract a new segment of audiences for your business. With better strategies, you can effectively make your brand design stay distinctive. This will help filter consumers’ choices and choose your brand over the rest. It creates a sense of trust and reliability for consumers, considering the number of choices rising in the Indian market. Creates a unique and memorable brand personality that your consumers will recognise and remember your brand from over the years. Helps strengthen your brand name and image in the Indian market7 Strategies of Successful FMCG Product Branding
Strategic FMCG branding requires sheer patience, strategising, dedication and the right direction. Here are the top 7 strategies that can effectively help you create a successful FMCG product branding this year.
1. Match Yourself to Your Target Audience
Since your target audiences are mostly Indian, your branding strategies should align with Indian audiences as well. Analyse their demands, interests, requirements and demographics when selecting and customising your branding strategies. This will help you target the right emotions within the customers and convince them to purchase your products over others.
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2. Creating Brand Loyalty
Apart from acquiring new customers, you need returning customers to drive your company sales, especially in the FMCG industry. Since FMCG products are bought and consumed frequently, creating a robust brand strategy that fosters customer loyalty is excellent. The best way to increase brand loyalty is to improve product quality and value at the best prices. These customers will eventually become your brand advocates and further spread the word about your brand. This will ensure long-term success as you will get a consistent flow of customers through your sales funnel.
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3. Keeping your FMCG Brand Consistent Across All Channels
Branding strategies work best when you are consistent with them across every channel. This will help in creating long-lasting relationships with customers, especially in this fast-paced world where attention spans are minimal and options are limitless.
Consider creating a brand style guide outlining every visual and message that will remain consistent across every channel. Use consistent images, tone of voice, theme, etc, that reflect your brand personality.
With consistent branding, you can slowly build the trust and reliability of your customers as they will remember your brand for their future purchases.
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4. Establishing a Strong Brand Voice
A strong brand voice is one of the most crucial things to help you tackle this competitive industry. Your brand voice will vouch for the quality and value of your product to the consumers. Hence, ensure that it is engaging, authentic, and perfectly aligns with your brand goals and vision in the near future.
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5. Telling the Story of Your Brand
Sharing brand stories to highlight and convey product benefits is a killer strategy in this era. Creating stories about your brand journey, brand growth, and message to the audiences helps connect with them and boost your brand sales. Again, you need to be authentic and humorous yet convincing enough to attract the right audience.
For example, Amul is famous for its creative and humorous brand stories, which has been an excellent strategy for the brand for decades.
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6. Maintain Relevance for Future Success
Ensure that you stay updated with the latest branding trends, as this will help you stay ahead of your competitors. Cultivate towards a strong FMCG brand presence and create relevant content and strategies that will expand your brand reach to a new segment of the audience every time.
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7. Regional Considerations
India is famous for its rich heritage. Why not leverage the same in your branding strategies as well? Choose new and innovative strategies that portray the rich Indian culture in your branding. This will help customers connect even better with your brand while giving your marketing strategies a new perspective to succeed!
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The Role of Design and Packaging in FMCG Branding
Design and packaging are the key factors to succeeding in this competitive industry. These aspects contribute to the initial interaction with the consumers. Hence. It is essential to understand the role of design and packaging in Indian FMCG branding.
1. Importance of High-Quality Packaging in FMCG
The best packaging design can effectively attract customers from the retail shelves across millions of options. Your fmcg product packaging design must be professional and trustworthy to your brand identity, values, product essence, and message. You must ensure that your packaging design solutions are convincing enough to make a difference in your product sales.
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2. Design Elements That Captivate Consumers
The right design elements hold the utmost power to captivate customer attention at ease. Considering the vibe of your products, choose a certain colour palette and visual elements such as images, patterns, etc. This will help to convey the product quality and value to the customers by evoking the right emotions. Ultimately, this one key factor can greatly contribute to increased brand recognition and recall for your brand over the years.
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3. Sustainable Packaging and Its Influence on Brand Image
Sustainable packaging is a clear winner in this era. Pair your excellent FMCG products with sustainable packaging and witness the hike in sales in your business this year. Not only does it make your environment safe and secure, but it also contributes to increased social responsibility as a brand owner. This will prove extremely beneficial to convince your growing segment of environmentally conscious customers!
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Conclusion:
The world of FMCG is extremely dynamic and competitive. If you have a clear strategy in place, your brand may be able to stay on par with the increasing competition, and you can reach it!
These marketing strategies will ensure your product remains visible to every targeted customer. Your brand will remain their top priority whenever they want to shop for their staples.
Need help in creating your first FMCG branding strategy? No worries. Connect with our branding experts at DesignerPeople today, and we will cover all your branding strategies with the best talents across the globe.
Feel free to continue this conversation in the comments further. Share with our readers some of your favourite strategies that have worked for your FMCG brands this year.
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Author: Anush Malik
Being a strategist’s head and a long term visionary personality aims to achieve excellence in branding, packaging and digital marketing field. My 15 years of design experience and masters degree ais my strength which keeps me motivated and keep me going positively. I have participated in extensive branding design conquests in India, USA, Australia and New Zealand with winning zeal. My objective is to encourage start-ups and hence involves actively in the articles which will act as a productive intake of knowledge for them. Do connect me personally via my LinkedIn and I love to share my expertise with you.