Gregg Greenberg is the co-founder and co-CEO of Everything But The Plant, a B2B ancillary eCommerce marketplace that sells everything you need to build, run, and grow your cannabis business.
As the cannabis market becomes increasingly crowded, it’s more critical than ever that your brand stand out from the competition.
Your product or service may be the next big thing in the cannabis world. But without proper branding, will anyone really know or care?
This article discusses how to brand your cannabis company for success:
Companies like Coca-Cola, Samsung, and Toyota, to name a few, have mastered the art of branding. When people hear these brands, or see their logos, they feel.
Maybe you remember having a cold Coke with your grandpa on the beach. Or perhaps you smile when you see the Toyota symbol because your old Camry was like a member of the family. These companies have transcended normal selling and found their brand.
And you can too. Your brand is the way the world perceives your company.
If you need help finding your cannabis brand, take a look at the following tips:
An effective brand doesn’t just sell a product, it sells an emotion, an experience, a feeling. By finding your cannabis brand, you can gain loyal customers that are excited to buy your product.
Finding your cannabis brand will separate you from the generic companies that only care about selling. With a strong brand, you become a friend to your customers. Your company causes an emotional response — excitement, comfort, nostalgia. Unconsciously, your target audience becomes hooked — they’re willing to pay more for your product because it sparks a human connection.
For your brand to be successful and thrive in the cannabis industry it needs to make an authentic connection with your target audience.
Anybody can sell a product one time. But ideally, you want a loyal customer. To turn a one-time purchaser into the coveted “repeat” customer, you must connect with your audience.
To do this, you need to understand your demographic. Who are they? Where do they work? How does your product fit into their life? These are big questions.
Below are a few ways to make the human connection:
For further inspiration on how to make a human connection with your cannabis brand, look at existing companies.
Take Disney World for example. Think about how excited its customers get. Disney has mastered the art of selling magic, childhood, and adventure.
Or take a look at Apple. Through innovative product design, they’ve set the standard for gadgetry in the modern era. People are willing to wait in the rain for the next iPhone. Now that’s brand loyalty.
Next, you need to communicate your brand to your potential customers through savvy marketing.
Advertising in the cannabis industry is challenging. Even though laws and restrictions are continually changing, mainstream platforms such as Facebook, Instagram, and Google remain largely closed-off to cannabis-related advertising.
So how do you reach your target audience? Consider the marketing strategies below:
To reach your target audience, your marketing strategies do not have to be super-complicated. It’s actually better, if they aren’t. But they *must* be authentic and 100% representative of your brand. Now, let’s discuss the importance of effective product design.
Create a better product design
The industry’s fierce competition has set the bar high when it comes to cannabis branding and product design.
But don’t be discouraged. Instead, focus on providing your customers with care and consideration by producing a quality product/service.
Here are some examples of companies that found success through better product designs:
Punch Edibles — If you have any experience buying or selling in the edibles market, you may have noticed a lack of creative product design when it comes to cannabis packaging. Further, identifying the exact dose for the right “buzz” can be tricky. And to top it off, many edibles lack flavor or have a pungent cannabis taste. Punch Edibles was launched in 2013 with the goal of creating “a sensibly sized, high-dose edible”. Combined with simple, yet informative packaging, it’s easy to see why Punch Bars have become a hit.
Black Mirror — The amount of bingeable TV shows and movies at your fingertips is nothing short of amazing. But it’s all the same — you hit play, you watch, you pause, you rewind, you fast-forward. Netflix’s twisted sci-fi show Black Mirror, however, turned the product design of media on its head by allowing users to interact with the show ala a choose-your-own-adventure-style menu. Whether you love or hate the episode Bandersnatch, you can’t deny that it’s creative.
Dyson — Most people would agree that Dyson products are works of art. And not just visually. The company has successfully set itself apart by creating fans, vacuums and other appliances that have become synonymous with next-level engineering.
Shake Shack — Who says fast-food needs to be cheap and unsophisticated? Shake Shack was created to give customers a chic, user-friendly, awesome-tasting burger alternative to other fast-food chains. But this didn’t happen overnight. In 2001, the company was just a hotdog cart!
Creative product design will compliment your cannabis brand. Yes, there are many, many competitors in the cannabis industry. But just as the companies above found ways to improve on the existing market, so can you.
Look at current products and trends in your space as a customer. What’s lacking? What can be better? What do you want from your product? You can differentiate yourself from other brands by creating an educational blog and answers community questions and provides accurate legal information.
If you’re going to sell in the cannabis industry, you must become an educator. Why? Because cannabis is illegal in many states and on a federal level.
As a result, many social media platforms like Facebook, Instagram, Twitter, and Google limit or restrict cannabis marketing. However, educational content is par for the course.
This means that you can actually advertise your cannabis brand in an indirect and subtle way: through an educational blog.
Some of the topics you may want to cover in your cannabis blog include:
With so many companies, products, and regulations in the industry, an effective strategy for differentiating and promoting your brand is to become a trusted cannabis educator for consumers and retailers alike.
Focus on educating your audience and your brand will develop organically, gaining credibility and exposure with time. Eventually, you may even become a go-to source for authoritative content in the cannabis industry. But remember, don’t overcomplicate things or you risk losing your audience.
Cut the clatter throughout all your communications and default to the simplest message.
Follow these tips to keep your brand message as straightforward as possible:
To consumers, less clutter means more clarity. Your brand should have a clear and precise intent about what you’re offering.
The cannabis field is constantly changing due to new (or relaxed) regulations and rapid market growth.
To help you achieve success with your new cannabis brand, consider the following tips:
Don’t be afraid to find inspiration by reviewing the success of others. And remember, even the mighty oak tree started as a seed in the ground.
The cannabis market is saturated with businesses peddling oil, concentrates, edibles, gummies, topicals — pretty much anything you can think of. But that doesn’t mean there’s no room left for you.
Due to changing laws and social views, there are plenty of opportunities for savvy entrepreneurs to exploit. However, if you want to have sustained success in this space, you must develop more than a good product, you need an effective cannabis brand.
Know your audience. Understand what they want and need. Be sincere and focus on providing trusted information as well as a positive customer experience, and your brand will begin to take form organically.
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