How To Create A Low-Budget Branding For Small Businesses
Branding is about getting people to relate to your company and products. It’s also about trying to make your brand synonymous with a certain product or service. This can be a lengthy and hard project. It can potentially cost you all of your revenue. It’s no wonder that branding is often associated with investing lots of money in marketing and promotion. However, for a lot of small business owners, the investment in branding will have to be made with a relatively small budget — especially during a crisis.
You might be a local business with only you working in it, a business with 10 employees, or a local industrial company employing up to 500 people. These all can be qualified as ‘small business’. All have the same main goal when they start: the need to establish a name in their field of expertise. There are multiple ways to do this, without a huge budget. In this post, I’ll share my thoughts on how to go about your own low-budget branding.
Define And Communicate Brand Values
Branding with a limited budget starts with defining your company’s and your brand’s values. You need to think about what you, as a brand, want to communicate to the world. Doing this yourself won’t cost you, provided you are capable of doing this yourself. In fact, it’s a pretty hard task, when you think of it. It’s about your mission, the things that make your brand into your brand. Brand values relate to Cialdini’s seventh principle, Unity.
My favorite example illustrating unity: outdoor brands like Patagonia and The North Face, which make you feel included in their business ‘family’. “We are all alike, share the same values.” By being able to relate to these brands and their values, we are more enticed to buy their products. It’s a brand for us, outdoor people.
Take some time to define your brand values. That way, you’re able to communicate your main message in a clear and consistent way. It makes your marketing all the easier. You’ll be able to create brand ambassadors, even on a budget.
Come Up With A Proper Tagline
Once you have defined your brand values, it’s time to summarize them all into one single tagline. For example, WordPress’ mission is to “democratize publishing“. In your tagline, you formulate your values and make sure your added value for the customer, user or visitor is also reflected. Again, be consistent. If you set a tagline, your actions and products should relate to that tagline, actually, even be based upon it. It summarizes your business.
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