How to Maximize Your Brand Investment

How to Maximize Your Brand Investment

branding Aug 10, 2023

Starting a business is an exhilarating journey filled with dreams and aspirations, there’s no denying it! But it doesn’t come without its fair share of challenges – and one of the most common ones I see entrepreneurs bump up against is investing in their brands. This goes deeper than just whether to invest in your brand or not… today, we’re delving into how you can make the most of your investment.

As a personal branding strategist, I understand the intricacies of building a brand that not only stands out but also resonates with your ideal audience. If you're committed to living the life you desire through an impactful business, then you’re in the right place. 

This blog is going to dive deep on the most important things to consider when deciding where and how to invest in your brand – and give you exactly what you need to make the most of that investment. 

Long Term Value Over Short Term Savings

Imagine meeting someone for the first time – they’re sharply dressed, have a welcoming demeanor, and are exuding confidence. You start the conversation expecting one thing… and their actions and words deliver the complete opposite. You’re left feeling fooled with little to no trust in them. Not a good feeling, right? Similarly, your brand, as your business's first impression, needs substance behind its aesthetic.

Your brand isn't where you want to scrimp. It's your business's public persona, the first impression you offer potential clients. If within moments they're not feeling a connection or trust, then you've lost them, perhaps for good.

But how can you build an impactful brand without dishing out thousands, while also avoiding the elusive allure of low-cost design solutions like Fiverr? Glad you asked!

Investing in experienced professionals ensures your brand voice is captured aptly from the start. In some cases, working 1-on-1 with a strategist and designer for a completely custom, made-only-for-you brand identity is the right move. But, it’s not always – especially if you’re just starting out, changing directions in your business, or still trying to grow to and past a sustainable income. 

Before investing in your brand, it’s important to consider what is right for you and your business. But I always recommend placing more emphasis on investing in experts rather than one-off designers you may find on Fiverr or similar platforms. Keep reading to find out why. 

Strategic Branding: It's More Than Just Aesthetics

A truly impactful brand is deep-rooted in strategy. 

Let's picture two coffee shops. One has a trendy sign and stylish interiors. The other, although simple, brews coffee sourced from local farmers, hosts community events, and shares stories behind each brew. Which one will you frequent more? I know where I’m going! 

The latter stands out because it’s backed by a strategy, not just aesthetics. This is a clear example of branding in action. 

Your brand (yes, even your visuals) should be able to clearly answer and address questions such as: 

  • Who is my target audience?
  • What values does my brand uphold?
  • What unique experience can customers expect?
  • How do my brand's voice and visuals tell my story?

By answering these, you'll have a blueprint, ensuring your brand thrives in the competitive online world. Remember, without a comprehensive strategy, even the most beautiful designs might fail to resonate with your target audience, causing your brand to fall flat. 

The Logo Myth

Many budding entrepreneurs equate branding with logos. A logo, while essential, is just one part of your brand. Relying solely on it is like trying to paint a masterpiece with one color.

Your brand should be a symphony of elements all working in harmony together - colors, patterns, fonts, graphics, and most importantly, a story that speaks to your audience's hearts. All these elements should emanate from a robust brand foundation. 

Imagine buying a book for its cover, but the pages are blank. A logo without brand depth is similar. While logos are significant, a brand encapsulates colors, fonts, values, narratives, and so much more. Investing solely in a logo, without a holistic brand strategy, is like building a house without a foundation.

Don't stop here, though. I’m here to support you in creating a purposeful, archetypal brand that makes money AND makes a difference. Explore how we can work together here.

 

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