Product packaging for many businesses is not an important factor, with much more of a focus being put on the product itself. But what if we told you that your product packaging can actually make or break your business? Not only does product packaging provide an exceptional business marketing tool by ensuring that your brand remains at the forefront of your customer’s purchasing intentions, but even the smallest of details such as colour can impact your business’ gross profit and overall success. Here, we’re taking a closer look at the importance of product packaging for business marketing.
Brand Recognition
Brand recognition is highly important when it comes to ensuring that your business is remembered by your existing customers and that your brand is recognised by potential customers. For example, if you want to promote yourself as a premium service, then ensuring that your brand is recognised as that is important. Every detail of your business should resonate your brand and this includes your product packaging. Adding logos to your packaging or to even the tissue paper inside of a shoe box can help to guarantee that your brand will be acknowledged at every stage of the purchase decision. Your brand should be easily recognisable from the moment your potential customers see one of your ads or visits your website, to when the parcel courier delivers the product to its new home. Product packaging can help to ensure that it is.
Individuality
If you can ensure that your business’ product packaging remains consistent while resonating your brand’s mission and ethos, you will begin to grow your brand’s own individuality. This is particularly important when operating within highly competitive markets, and will provide you with an opportunity to stand out amongst your industry to attract the most customers. Individuality can help to drive sales and ultimately ensure that your business remains at the forefront of the industry.
Colour Psychology
Did you know that the way a product looks, from its overall aesthetic to its colour can have an impact on how and what your customers purchase? This applies to both in-store and online purchases and with colour psychology playing a significant part of this, making sure that you do your research and understand exactly how your customers react to different colours, shapes, smells, sights and sounds is important. The more colour added to a product for example, can depict a less-than-premium feel. The colour itself can also have connotations – for example, a dark navy coloured product feels professional and corporate. Making sure that you take this into consideration at all times when it comes to your product packaging will help to ensure that your products receive the response that you’re looking for from your target audience.
As you can see, there are a broad number of reasons why product packaging is important for business marketing. From helping to ensure that your products remain as likeable as possible, to keeping your brand in front of the right target audience at all times, there’s plenty of ways that your brand’s product packaging can influence your customer’s purchase decisions.
