Does Your Company Need A Logo?
There is always controversy when it comes to the topic of whether your company should have a "logo" or not. Some people firmly believe that you have to have one, while others say it's not necessary at all. But who's right?
I took this question to a variety of firms that have company logos. I personally conducted a survey by asking presidents, vice presidents and owners of companies using them why a company logo was necessary to their business image.
In summary, it is NOT necessary for your business to have a company logo UNLESS your particular company is in a class that demands one. According to an article in "Income Opportunities," Jay Lander, founder of Lander Design in Metuchen, New Jersey, states: "Logos make sense for real estate firms and others who have lots of competition as well as for those with opportunities to 'show off' a logo -- on lawn signs, print advertisements, stationery and business cards. Restaurants, which typically need to distinguish themselves from the pack, put logos on matchbooks and usually carry the design on their menus."
Lander further states: "The size of an organization is not a good measure by which to decide in favor of a logo. Many businesses prod along fine without any."
What's the Real Purpose For One?
Two "real" reasons: (1) for customer identification, and (2) for prestige. Wendy's restaurant, for example, has a logo of a little red-haired girl in pigtails. If you're driving down Route 66, you normally can recognize a Wendy's restaurant several miles away because of the shape of the company's logo on their sign. Also, you don't have to read the words "McDonald's" to know it's a McDonald's restaurant. Instead, you recognize it by the golden arches.
But does a regular mail order business need one? Probably not. The reason I use the word "probably" is because a company logo is only necessary if your market demands it. Any good business, after they have had time to grow enough to have a customer base of repeat customers, will get to know them on a more personal basis. We do this to learn our customers' needs and wants so we can sell them the proper products and services. When that time comes, as a mail order business you can make the decision whether or not to have a company logo.
How will you know? Because your dedicated customer base of repeat customers will demand it. However, if your customer base is comprised mainly of small businesses on the same level as yourself, it probably won't be necessary to have a logo.
What About Prestige?
If you want to make your company appear like a professional organization because you want to attract business from other professional organizations, it may be necessary to adapt a company logo regardless of whether you need one or not. This is called "prestige." Established multi-level marketing firms use company logos to provide their distributors with company recognition as well as prestige. Other smaller companies use them solely because the owner believes it makes him or her appear more established in business. Whatever the reason, it basically boils down to what you want to do.
Basic Rules Of Starting Your Franchise
An Ecommerce Internet Merchant Account
Small business owners and home based entrepreneurs sometimes reach the point where they realize their company is ready to grow, and then they begin to consider the advantages of an ecommerce Internet merchant account. Those who accept merely cash or check payments may decide to increase the ways in which a customer can pay for goods or services. A merchant account will let business owners accept credit card payments in many different ways. That is why so many business people opt to apply for an Internet merchant account.
If you do not already have an Internet Website to promote your business, this would be a good time to put one in place by opening an Ecommerce Internet Merchant account. More and more, consumers are looking to the Internet to find companies that offer the products and terms they want. Conducting business on the Internet or through technological means is called “ecommerce,” sometimes spelled as “e-commerce,” and it is growing at a tremendously rapid rate. Once your Website is operational, you will want to update it often with your latest product lines and descriptions and price lists. Once customers from any other computer in the world know where to find you, chances are they will return time and again if they like your site; they might even bookmark it. To keep customers coming back, get an Ecommerce Internet merchant account that will let you accept credit card payments. That way, customers can buy things at your store locations, whether online or at a physical site, and pay for them instantly. You won’t have to send out statements or wait for checks to arrive in the mail. Instead, your credit-processing feature will let them pay with a credit card, and your underwriter can facilitate the payment by converting currency and deposit profits in your account, using real time. An ecommerce Internet merchant account can put you leagues ahead of other companies in your industry. While they still take just check or cash payments, you can be busy processing credit card payments that could push your sales volume to new record heights. Naturally, you will want to keep your store looking attractive, and your Website should offer helpful information that will make guests want to return and possibly even bookmark your site for frequent reference. When the word gets out that you are accepting credit payments, more customers may browse your Website to check out your wares and plunk down a credit card in payment. One of the nice things about using credit is its convenience. Customers don’t have to worry about carrying enough cash or making an account deposit before going shopping. They can browse spontaneously, and when they find something they want to buy, they need not be constrained by a lack of cash on hand or forgetting to order new checks for the checkbook. Why not apply for your merchant account services account soon so that you can enjoy the status and benefits of attracting customers who prefer using credit when they hear about your ecommerce Internet merchant account.