A successful brand can benefit your company in the following ways.
It separates you from your competitors, in a unique way, that is relevant and motivating to your customers, prospects and sales channels. It gives you value and makes your product(s) special.
It enhances your perceived value, supporting premium pricing, sheltering you from low-price competition.
It enables you to launch new products more quickly and cost effectively.
Remember, brands happen with or without you. It is up to you to be proactive in shaping the identity and strength of your brand image.