Personal Brand vs. Business Brand: Why You Need Both (Or Risk Becoming a Corporate Hermit)
Ah, branding. That mystical art of making people remember you exist. Attention spans today are shorter than a goldfish's (literally–humans now have an attention span of 8 seconds compared to a goldfish's 9 seconds), branding has become more crucial than ever.
But here's the kicker: you may not need just one brand. Oh no, you greedy little marketing mogul, you need two: A personal brand and a business brand.
The Personal Brand: Your Professional Alter Ego
Picture this: You're at a networking event, sipping on a watered-down punch and listening to a watered-down pitch, when someone asks, "So, what do you do?"
Do you:
Mumble something about spreadsheets and run away
Launch into a 20-minute monologue about your cat's Instagram following
Confidently deliver your personal brand elevator pitch
If you chose C, congratulations, you're not a social disaster. Although I, personally, would be very keen on hearing about your cat. Your personal brand is essentially you, but shinier. It's the professional version of you that doesn't have spinach in its teeth or forget to wear pants to Zoom meetings.
According to a 2022 study by LinkedIn, 82% of consumers are more likely to trust a company when its senior executives are active on social media. That's right: Your personal brand isn't just a vanity project–it's actually a trust-building machine.
But why focus on your personal brand? You've already got a business to run, after all. Here’s why:
70% of employers use social media to screen candidates during the hiring process. So, yes, they might see those embarrassing–I mean, amazing–karaoke videos from 2009.
77% of B2B purchasers won't even speak to a salesperson until they've done their own research. Guess where they're doing that research? Hint: It rhymes with "Googling your name".
92% of people trust recommendations from individuals (even if they don't know them) over brands. People just aren’t as into faceless corporations these days.
The Business Brand: Your Corporate Doppelganger
Now, let's talk about your business brand. This is the Clark Kent to your Superman, the Bruce Wayne to your Batman, the Michael Scott to your Office. Your business brand is what represents your company when you're not there to dazzle clients with your witty banter, impeccable fashion sense, and stunning karaoke skills.
A strong business brand is like a well-trained dog - it sits, stays, and fetches customers even when you're not around. And in today's market, where 59% of consumers prefer to buy new products from brands they trust, having a recognizable and reputable business brand is more important than ever.
But why, you ask, do you need both? Can't you just slap your face on all your marketing materials and call it a day? You could, but you'd be missing out on some serious branding synergy. It's like trying to clap with one hand–it's just not as effective.
The Dynamic Duo: When Personal and Business Brands Collide
Here's where things get interesting. When you combine the power of your personal brand with your business brand, you create a branding Voltron that's greater than the sum of its parts. It's like peanut butter and jelly, but for marketing.
Consider these stats:
Companies with a strong employer brand see a 43% decrease in cost per hire.
64% of consumers say that shared values are the primary reason they have a relationship with a brand. (And guess who can best communicate those values? You, with your charming personal brand!)
Businesses that prioritize branding consistently see a 23% increase in revenue.
By leveraging both your personal and business brands, you double your marketing firepower. It's like having a secret weapon, except it's not-so-secret, since that's kind of the point of branding.
The Branding Balancing Act: Tips for Juggling Two Brands Without Dropping the Ball
Now that we've established why you need both a personal and business brand, let's talk about how to maintain them without losing your mind (or your social life). Here are some tips:
Be authentic, but not too authentic. Your personal brand should be genuine, but maybe leave out the details of your latest colonoscopy.
Consistency is key. Your personal and business brands should complement each other, not contradict. If your business brand is all about professionalism and your personal brand is all about your tequila shot records, you might want to rethink your strategy.
Leverage social media, but don't become a slave to it. According to Hootsuite, the average person spends 2 hours and 25 minutes on social media daily. Don't let your branding efforts turn you into a statistic.
Tell stories, not sales pitches. People remember stories 22 times more than facts alone. So instead of bombarding your audience with product features, tell them the story of why you started your business. Preferably while sitting in a leather armchair in front of a roaring fire.
Keep learning and evolving. The branding landscape changes faster than fashion trends in the 90s. Stay updated and clued-in on trends, even if you’re not trying to break TikTok with your dance moves.
The Bottom Line: Two Brands, One Success Story
If you want to succeed in today's cutthroat business world, consider having both a personal brand and a business brand. It's like having a belt and suspenders–it may seem like overkill, but you'll never have to worry about your pants falling down in public.
And if all else fails, just remember: At least you're not trying to brand a pet rock. Although that actually worked out pretty well for someone. With that in mind, I need to go update my LinkedIn profile and practice my elevator pitch in the mirror. After all, branding never sleeps, and neither do I. (Just kidding, I definitely sleep. Beauty rest is part of my personal brand.)