10 Branding Decisions To Make As A Startup
When launching a startup one of the most important elements to get right from the beginning is your branding.
Your brand is much more than just a logo or colour scheme, it is the entire identity and personality of your company. Making smart branding decisions early on will help you connect with your target audience, differentiate yourself from competitors and lay a strong foundation for future growth.
Here are 10 branding decisions to make as a startup that you should carefully consider…
Branding Decisions To Make As A Startup No. 1
Define your brand purpose and values
Before we begin with your brand visuals, you need to have a good overview of what the main purpose and values are behind your startup. What is the purpose of your company beyond profit? How do you want to help out your customers and the world in which they live? What core beliefs and philosophies will drive your decisions? The answers to these questions will act as a guide to defining your branding collateral, so make sure that you really define what exactly makes your business special.
Branding Decisions To Make As A Startup No. 2
Develop your brand personality
Like people, brands have unique personalities. Is your brand playful and irreverent or serious and official? Is it new and sophisticated or is it classic and reliable? Modern and minimalist or warm and friendly? Your brand personality should align with your goals/values and align with your target audience. It will affect everything from your visual choices to your tone in communication. Don't just choose random personality traits - think carefully about what will set you apart and attract customers.
Branding Decisions To Make As A Startup No. 3
Craft your brand story
People are wired to connect with information, so your brand story should be engaging. What's the starting point for your startup? What problem do you solve, and why are you uniquely positioned to solve it? What is your vision for the future? A strong brand story helps customers understand and connect emotionally with your company. It gives meaning beyond the core functionality of your product or service. Your brand story has to be authentic and memorable and weaved throughout your marketing.
Branding Decisions To Make As A Startup No. 4
Choose your brand name wisely
Your company name is one of the most important branding decisions you'll make. It needs to be distinctive, meaningful, easy to pronounce and remember, and available as a domain name. Avoid names that are too descriptive or generic - you want something ownable that you can build your brand around. Consider how the name will look visually in your logo and marketing materials. Test potential names with your target audience to gauge their reactions. Once you choose a name, protect it legally through trademark registration.
Branding Decisions To Make As A Startup No. 5
Design your visual brand identity
This includes your logo, colours, text, graphic style, and other visual elements that will represent your brand. Your visuals need to match your brand personality and match your target audience. Make it simple, memorable and actionable across different media. If possible, invest in professional design help - your logo and visual identity are too important not to mess around. Develop clear brand guidelines to ensure you use your visuals consistently.
Branding Decisions To Make As A Startup No. 6
Develop your brand voice and messaging
How will your brand speak? What does your voice sound like? What key messages do you want to continue communicating? Your brand voice may be instructive, friendly, humorous, inspirational, or anything else. It needs to feel real and true to your brand personality. Create a messaging framework with your top objective at the highest level, followed by secondary messages that feed into it. Develop guidelines for brand voice to make sure consistency is maintained across authors and channels.
Branding Decisions To Make As A Startup No. 7
Identify your target audience
You can’t do all things for all people, so be clear about who your ideal customers are. Create comprehensive customer personas that go beyond basic demographics to understand their needs, pain points, values and behaviours. Your branding needs to be tailored to this specific audience. At the same time, make sure you have enough flexibility to grow your branding while being able to expand to new audience sectors in the future.
Branding Decisions To Make As A Startup No. 8
Position your brand in the market
How do you want to be perceived in relation to your competition? Are you the innovative disruptor, or are you the trusted authority figure? Premium luxury option or high-end expensive brand? Jot down your clear brand positioning statement that describes how your uniquely different goals and key differentiators will set you apart in the market. Your positioning should focus on what makes you different and provide a reason for customers to choose you over their alternatives.
Branding Decisions To Make As A Startup No. 9
Choose your brand architecture
Will you have one masterbrand (like Apple) or different product sub-brands (like Procter & Gamble)? An integrated master brand strategy can be as easy and inexpensive as it gets, whereas a branded house strategy allows for a lot more flexibility. Think about your long-term growth strategy. You need to make sure the architecture is something that can support new features or capabilities in the future without being overly complicated.
Branding Decisions To Make As A Startup No. 10
Determine your brand touchpoints
Consider each and every touch point where your customer will be interfacing with your brand. This includes the website, social media, packaging, customer service and physical locations. Translate the branding into all of the touch points consistently with good craftsmanship throughout. Focus mostly on the high-impact elements that will drive your business model most effectively. Map out the ideal journey and experience for a branded customer.
Essentially, branding is one of the most crucial steps in having a successfully operating startup. Thoughtful decisions about your brand purpose, personality, story, visuals, voice and other key elements create a strong brand that resonates with your customers and helps drive your business. Design a both considered and authentic brand strategy that aligns with your vision. With proper structuring around the fundamentals of branding, your startup will be in a better position to make an impression in the market ahead of your competition.
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