In the competitive landscape of franchising, brand awareness can be a game-changer. Franchise models are often built with a strong focus on lead generation, as converting prospects into customers is crucial for local franchisees. However, to truly maximize growth potential, franchise businesses must prioritize brand awareness. Establishing familiarity with a brand before customers are ready to make a connection with a brand or begin to make purchasing decisions is vital to ensuring that when they are ready to buy, they choose a name they know and trust.
Brand Awareness & The Customer Journey
For franchise businesses, reaching potential customers before they are actively searching for products or services can significantly impact sales. Studies have shown that consumers are more likely to choose a brand they recognize over one they’re unfamiliar with, even when the offerings are comparable. Brand awareness campaigns build recognition and trust at the top of the funnel, catching the eye of potential customers who may not yet have immediate needs but are likely to consider the brand when they do.
This strategy is especially valuable in a franchise model, where individual locations rely on strong, recognizable branding to capture local market share. By establishing familiarity early in the customer journey, brand awareness campaigns lay the groundwork for future sales, making customers more likely to turn to that trusted brand over competitors.
Brand Awareness vs. Lead Generation: Key Differences
While lead generation focuses on attracting customers actively seeking services, brand awareness introduces the business to a broader audience that may not yet have immediate purchasing intentions. In a franchise model, both types of marketing are essential, but brand awareness can be especially impactful as it widens the pool of potential quality leads over time. Lead generation campaigns, often managed at the local level, focus on converting immediate interest into sales by targeting consumers who have already shown intent. However, without brand awareness, the potential for generating leads could be limited, as fewer customers would recognize or feel confident in the brand.
Key Metrics to Measure Campaign Success
To understand the effectiveness of brand awareness campaigns, tracking key performance indicators (KPIs) is essential. Some of the most impactful KPIs include:
- Advertising Clicks: Measuring engagement with ads helps assess how effectively brand messages are reaching new audiences.
- Increase in Brand Searches: A rise in brand-specific searches indicates that awareness campaigns are successfully encouraging potential customers to learn more about the brand.
- New Website Visitors: First-time visitors signal that a brand awareness campaign is successfully introducing new audiences to the franchise’s services and offerings.
- Lead-to-Conversion Rates: As familiarity grows, higher conversion rates show that customers who recognize the brand are more likely to take action, such as booking an appointment or reaching out.
We have experienced this success firsthand. A Client’s franchisees who opted into a brand awareness campaign us saw a 67% increase in brand searches within their respective markets versus those who did not opt in, as well as a 600% increase in their new visitor web traffic. And the quality of these new leads was validated with a lead-to-conversion rate 20% higher than their fellow franchisees not opted into the brand awareness program.
Pair Brand Awareness with Lead Gen For The Best Results
A balanced approach, combining brand awareness with lead generation, supports franchisees by widening the funnel and providing a foundation of trust that enhances local sales. In the end, brand awareness campaigns can be the differentiating factor that empowers franchisees to succeed and grow in their markets.
While we focus on CRM and loyalty at Response Labs, we take the holistic view of those initiatives. That includes every message a consumer may experience from a brand or organization–even when they are unknown and early in the process if at all. Our media division drives our Clients to activate on these key moments through tactics programmatically targeted ads or using look-alike audiences of existing top customers, to name a few. No matter what–at Response Labs it is always data-driven and tested. If you’re interested in learning more contact us here. We’d love to hear from you!
Cover image: © Firn / Adobe Stock
Inset image: © Катерина Євтехова / Adobe Stock
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