Branding Your Business and Crafting Your Story in the Cannabis Industry

Branding Your Business and Crafting Your Story in the Cannabis Industry

“Most customers in the cannabis industry won’t have a deep knowledge of the qualitative difference between brands. So the way to differentiate yourself is to craft a strong story around your brand and show the consumer how your product is going to fit into his or her life. “Good branding, instead, is a little more patient; it creates curiosity and invites people to explore more and understand more.” Below is a list of the top priorities when you create a brand, regardless of what you sell: A strong, compelling story A name that resonates with your target customers A name you can trademark on a federal level and that will help you get strong search results A logo, along with variations (e.g. black and white, single-color, reverse-color for dark backgrounds, etc.) “Don’t just think about what you like, what you buy. Crafting your story The cannabis business is all about storytelling, which means you need to tell your cannabis story in a way that shows customers and investors you’re personally invested in your product or service. “What most business owners don’t realize is that when going through the branding process, there are little macro steps that need to be taken in order to ensure that the message and tone of the brand moving forward really make the most sense,” he says. .” We get it: Your company is all about marijuana. The same applies to cannabis businesses: The most successful companies have easily identifiable names like Eaze, MassRoots, Leafly, Aphria, Organigram, Copperstate Farms, iAnthus, etc. This connects to what Mirsky sees as step two in the branding process: creating the brand’s personality. Crafting a good story in the cannabis industry is even harder than normal.

Using the Power of Influence to Build Your Global Cannabis Brand
6 Questions to Ask Before Naming Your Cannabis Company
Spike Jonze Directed a MedMen Commercial About Cannabis. And It’s Pretty Epic.
Branding Your Business and Crafting Your Story in the Cannabis Industry

Opinions expressed by Entrepreneur contributors are their own.

The following excerpt is from The Staff of Entrepreneur Media, Inc. and Amazon | Barnes & Noble | iTunes | IndieBound

Until a few years ago, most cannabis brands weren’t especially sophisticated. However, this is no longer the case. If you’ve ever seen legal cannabis products in a store, you must have noticed how cool, modern and beautiful they look. Of course, this is the result of an extensive creative branding process.

“One thing I noticed from the latest cannabis conventions and events is that the branders are finally starting to arrive at cannabis; the quality of trade show materials, logos, packaging, the positioning of these companies is unbelievable,” Civilized’s Derek Riedle points out. “As things continue to evolve, you can tell there’s a lot more careful and professional consideration going into how these brands are positioned and communicated.”

“In such a stigmatized industry, it’s very important to have very clean branding and marketing material,” Avicanna’s Aras Azadian adds.

“I think that one of the hardest things for people to wrap their heads around is that branding isn’t a logo. The logo is like the execution of the brand, but the brand is basically the thought or feeling you want people to have when they think about your product or your name,” J. J. Kaye, cofounder of design consulting firm High Pressure Zone, says. “Most customers in the cannabis industry won’t have a deep knowledge of the qualitative difference between brands. So the way to differentiate yourself is to craft a strong story around your brand and show the consumer how your product is going to fit into his or her life.

“Bad branding is just yelling at the customer: Look at me, look at me!” Kaye adds. “Good branding, instead, is a little more patient; it creates curiosity and invites people to explore more and understand more.”

Below is a list of the top priorities when you create a brand, regardless of what you sell:

COMMENTS

WORDPRESS: 0
DISQUS: 0