Quick Answer: Why Is It Important To Protect Your Brand?

How do you protect your brand?

Protect Your Brand Name in 5 StepsRegister your domain name.

Domain names are an important part of any business brand today.

Trademark your business name and logo.

Use your brand.

Monitor your brand.

Deal with infringement immediately..

What is brand and its importance?

Branding is important because not only is it what makes a memorable impression on consumers but it allows your customers and clients to know what to expect from your company. … There are many areas that are used to develop a brand including advertising, customer service, promotional merchandise, reputation, and logo.

How do you protect your brand reputation?

3 techniques to protect your brand’s reputation during the…1) Clear and consistent lines of communication with colleagues, clients and suppliers.2) Going above and beyond and being helpful.3) Building digital communities and being transparent.Establishing clear lines of communication.Go above and beyond and be helpful.1) Not looking after the welfare of their colleagues.More items…•

By common law, a logo is trademarked as soon as it’s used in commerce. But, according to LegalZoom, this may only protect you in your immediate locale. State registration will provide additional protection, and it’s relatively simple and inexpensive. Federal logo trademark registration is a bit more of a process.

Legal penalties for logo theft can include: Jail or prison sentences. Confiscation of unauthorized products or materials. Cease and desist injunctions.

What does protecting the brand mean?

Brand protection is the process and set of actions that a right holder undertakes to prevent third parties from using its intellectual property without permission, as this may cause loss of revenue and, usually more importantly, destroys brand equity, reputation and trust.

What is the main purpose of branding?

The purpose of branding is knowing and consistently living from a true identity, from a real story, so that executive leadership, sales, marketing, product, support, operations, and corporate culture all align and mature in a compelling manner that is meaningful to anyone who encounters the collection of people who …

What does protecting the brand mean and why is it important?

In today’s business landscape, protecting your brand is essential to growing your business. Having the proper protection of your brand could deter potential infringers from disrupting your business and provide your business with security in the event of infringement.

What makes a strong brand?

Strong brands have clear brand core values, an unequivocal positioning, and a long-term brand strategy. Consistent brand management with the help of brand rules ensures that the brand strategy is consistently applied in operative business. … Strong brands are therefore desirable and highly attractive.

How do I protect my product name?

5 Steps to Trademark a Product Name Come up with a unique brand name for your product. … Hire a trademark attorney. … Perform a trademark search on the selected brand name. … File your trademark application with the USPTO. … Follow through with the USPTO during the application process.

If you want to protect your brand identity you have to register a trademark for your company name, logos, and slogans. By using the trademark symbol, you notify other people that products they use are your property. In order to prevent unauthorized use of your mark by third parties, you have to choose a strong one.

How do I protect my logo and brand?

Brand names or logos Brand names and logos are IP assets (trademarks) worth protecting. Registering your trademark gives you 15 years of exclusive rights to use it, and you can renew it indefinitely, as long as you are still using the trademark.

Can I change a logo and use it?

Logos are protected by trademark and copyright. If you modify someone else’s logo for your own use, the modifications must be significant enough so that no reasonable person could confuse your logo for the original logo. … It might likewise be an infringement on copyright.

Why is it important to have a good brand?

Beyond just a memorable logo, good branding increases the value of a company, provides employees with direction and motivation, and makes acquiring new customers easier. … A brand represents the sum of people’s perception of a company’s customer service, reputation, advertising and logo.

Do brands rule our lives?

Companies just market their products, and the ultimate decision to get influenced by their marketing strategies lies with us, consumers. So, brands do not rule our lives. … Once the brand earns the trust of it’s consumers, they tend to buy from the same companies, and brands build their loyal customer base.

What is branding policy and piracy?

Brand piracy occurs when a company copies a well-known brand in some way and features the same name or logo. Companies use piracy to steal market share from competitors. Brand piracy is illegal because the practice infringes on trademark laws.