What comes to mind when you hear the term branding? This is the brand that a retail company offers or a supermarket makes available for you. That is almost correct. Branding is simply the strategy of putting a brand apart from the others for customers to realize its significance.
Due to this, there is an increase of demand for it even if there are other brands of the same purpose. Branding is therefore a very strategic technique in retailing. But did you know that it is already being used by banks due to its success? A good example is the branding strategy at Citibank.
Citibank is one of the top tier banks in the world and though with that reputation, it has already ventured into the branding strategy in its vision of improving and increasing its jurisdiction in the business. Continue reading