5 ways earning an award benefits your company

By Yulia Dianova

46904983_s.jpgAwards are not only for big businesses. In fact, it does not matter if your business is small or big; you can win a business award. There are many kinds of awards to choose from: national, local, even industry-based. Receiving an award is always great. Not only does it feel great, but it is also good for your business.

Here are the top five reasons why you should add industry awards to your marketing program.

 

  1. Brand recognition

Winning an award boosts your brand’s recognition by positively representing your business. Awards are a sign of quality and the recognition you’ve earned from your customers. It also increases your industry credibility by establishing you as an expert in your field.

  1. Employee motivation

Awards recognize the hard work and achievements of your employees. Everybody likes to win. Your employees will be proud to be a part of an award-winning company and will feel like they have contributed toward your company accomplishments. It may also help your company attract new talent.

  1. Business growth

Receiving an award will reinforce your clients’ positive opinions about your company. In other words, your business award will help you keep your current clients and will likely even bring you new prospects to help you grow your business.

  1. New connections and endorsements

New awards come with new connections and networking opportunities. Most companies use awards to their great advantage to develop new business contacts and to get new endorsements from new clients.

  1. Know your competition

Receiving an award helps you understand where you stand among your competition. In order for you to win an award, you need to know your competitors and make your business stand out. Only when you are deeply familiar with your competitors will you be able to come up with an innovative strategy that will allow you to differentiate yourself from your competition and earn more awards.

There are many benefits to receiving an award for your business: It will enhance your reputation, boost your growth, increase your brand recognition and increase your credibility.

At Axia Public Relations, we want to help you make the most of your PR strategies. Download our free e-book Maximizing Your PR Investment to help you extend the reach of your PR dollars. We’re experts on everything from website tactics and social media posts to often-overlooked in-house opportunities and press release syndication services.

New Call-to-action

Yulia.jpgYulia Dianova is a public relations professional who is skilled in building relationships with target audiences. She provides counsel to organizations that seek PR help to further their growth and reach their goals. Yulia earned a master’s degree in public relations management from University of Maryland University College. She is fluent in Russian and English and is always looking for a new challenge.

 

 

Featured image credit: 123rf.com

Topics: Public Relations, Featured, Awards

Liked this blog post? Share it with others!