Seriously in Business: Brand + Design, Marketing and Business

136: To Brand or Not to Brand: Should You Invest Now or Later

Episode Summary

Are you a small business owner wondering if it's the right time to invest in your branding? Branding isn't a small (or cheap) task to undertake and it's not always a clear "YES!!" that your visual brand is something you need to work on right now, so let's explore the pros and cons of investing in your branding now or later.

Episode Notes

Are you a small business owner wondering if it's the right time to invest in your branding? Branding isn't a small (or cheap) task to undertake and it's not always a clear "YES!!" that your visual brand is something you need to work on right now, so let's explore the pros and cons of investing in your branding now or later.

As a designer, I may be biased, but I'll try to give you a fair perspective.

 

CONS to investing NOW:

1️⃣ If you're just starting out, you may not know your target audience yet. It's important to understand who you're trying to reach before diving into branding.

2️⃣ You may not have a clear idea of your services and pricing. Your brand may not align with your future goals.

3️⃣ Investing in branding can be costly. For new businesses, budget constraints can make it a tough decision." "But now let's talk about the PROS of investing in your branding now: 🌟

 

PROS to investing NOW:

1️⃣ Building a strong brand from the start can help attract your ideal customers and differentiate you from competitors. 2️⃣ A well-designed brand can give your business credibility and professionalism.

3️⃣ Your brand visuals create a memorable impression and help build brand recognition.

4️⃣ Investing in branding early allows you to establish a consistent visual identity across all platforms.

 

Short-term effects:

1️⃣ Feel confident and proud of your business's appearance.

2️⃣ Increase brand awareness among your target audience.

3️⃣ Stand out in a crowded market.
 

Long-term effects:

1️⃣ Build trust and loyalty among your customers.

2️⃣ Establish a strong brand reputation in your industry.

3️⃣ Boost customer retention and attract new customers consistently