With the fierce competition in the market, creating a strong business brand is key. This is all the more true for small business owners, who have to compete against larger businesses that have far more resources. With a brand that resonates, small businesses have a fighting chance and can get a share of the market for business growth.
But how do you ensure strong small business branding with a limited budget in the first place? You’ve come to the right place. With this article, you’ll learn tips to create a strong small business brand–even without unlimited resources.
6 Cost-Effective Tips to Develop a Strong Small Business Brand
Follow these six tips and you’ll ensure strong small business branding that can help you reach your business goals:
1. Define Your Brand Identity
Defining your identity is an important first step to developing a strong small business brand. Why? Well, how will you know what image to portray to your target market if you don’t know who you are in the first place? Besides, if you define your brand identity from the get-go, you can ensure you don’t overspend when creating your marketing collateral and other assets. After all, you no longer have to experiment with different types of branding to determine which one best represents your brand and which doesn’t. You already have a clear vision of who you are.
To determine your brand identity, just follow these tips:
Define your mission and vision: These are overarching statements that serve as the foundation of your brand identity. Your company mission articulates the very purpose of your small business. LinkedIn’s mission, for instance, is “to connect the world’s professionals to make them more productive and successful.”
Your vision, meanwhile, defines how you see the future and the role your business plays to get there. For instance, LinkedIn’s vision is “to create economic opportunity for every member of the global workforce.”
Identify your core values: Ask yourself, what are the key principles that guide your business? Examples of core values are Innovation, Diversity, and Integrity.
Create your brand story: This is the compelling narrative users should remember when they see your brand. Your brand story essentially humanizes your small business.
For instance, McDonald’s shares the story of how its founder, Ray Croc, laid the foundations for the fast food chain when he signed a franchise agreement for a restaurant that sold the burgers he loved.
Choose your brand voice and personality: Your brand voice and personality are part of your identity. To determine your personality, just think about what your small business would be like if it were human. Will it be a perky teenager who’s fun and sociable? Or will it be an executive who exudes authority?
From there, you can determine your tone of voice, or the voice you’ll use to communicate with your target audience. So, if you opted for the perky teenager personality, for instance, your voice would be engaging and casual. If it’s the second, your brand voice would be authoritative and formal.
Now that you have your basic brand identity components, it’s time to put everything together into one visual representation.
2. Design a Simple, Memorable Logo
Your logo is one of your brand’s most important visual elements. It’s simply that symbol that represents your company. It should embody all your other brand identity components. When users see your logo, they should understand everything your company stands for.
Create a simple logo that everyone can recognize at a glance to help boost recognition. Overly complex designs are easy to forget, while simple designs are more likely to be remembered. In fact, most iconic logos consist of just a few straight lines and simple shapes. Who doesn’t know that that simple check stands for Nike? Or that that small apple stands for, well, Apple?
You don’t have to hire a designer to create your logo. There are design tools like Canva and Adobe you can use for free.
3. Use Consistent Brand Colors and Fonts
Colors and fonts are just as important components of your small business branding. That’s why once you’ve chosen them, you need to use them consistently. It’s the only way you can ensure brand recognition. Think about it. If you consistently use blue, red and Arial across your marketing channels and collateral, your target audience will end up associating those colors and font with your brand. Creating a cohesive visual identity through consistency is key to brand recognition. The best part? You can do just that at virtually no cost.
To ensure everyone in your team knows what brand colors and fonts to use when you delegate marketing tasks, create a brand style guide and share it with them. These branding guidelines can also define your other brand identity components, like your brand voice and logo.
4. Build a Professional Website on a Budget
A well-designed website doesn’t just help you showcase your products. It also helps you reinforce your small business branding.
So, make sure you build a professional website for your small business. Don’t worry. The good news is, you can create one without breaking the bank.
Instead of hiring a website developer, you can leverage budget-friendly website builders like Wix. They also typically come with nice templates you can leverage for your site. If you don’t want to use set templates, you can always use their drag-and-drop feature and build your site from scratch, without the need for code. Whichever strategy you choose, don’t forget to incorporate your brand identity components into your website design. Find a perfect domain name that reflects your branding, too.
Search Engine Optimization is key to ensuring your website’s visibility in search engine results pages. So, you should follow SEO best practices. Integrate relevant keywords into your website content. Also, compress your images to ensure your pages load quickly. Page speed is a ranking factor. Ensure your site is mobile-friendly as well.
5. Leverage Social Media for Branding
Your website isn’t the only channel you can leverage for your small business branding. Social media is a just-as-powerful branding tool. There are over five billion social media users. That’s a lot of potential customers you can introduce and reinforce your brand image to–at virtually no cost to you.
But to ensure you leverage social media platforms for branding effectively, they should, again, one, incorporate your brand identity elements, and two, be visually cohesive. In other words, your Facebook, X, LinkedIn, and Instagram accounts should have the same look and “feel.” And that look and “feel” should be the same as the look and “feel” of your website and other marketing assets.
These social media channels that carry your small business branding should also reach as many people as possible. What’s the point of having all this visual cohesion for brand recognition if people can’t see it in the first place? So, don’t forget to boost your Facebook, X and Instagram followers. The more people you expose to your social media accounts that embody your brand identity, the more you strengthen your small business branding.
6. Create Value-Driven Content
Branding is all about how you want people to perceive your small business. And who wouldn’t want to be perceived as a brand that’s trustworthy and credible?
That’s why creating value-driven content should be part of your small business branding strategy. When you offer content that educates and informs across your marketing platforms, you build trust in your target audience and establish yourself as an authority in your niche.
But how do you ensure your content is value-driven? You need to take the time to know your target audience. Send them surveys to know their pain points and ensure your content addresses these. Also, look at your analytics tools to know audience preferences when it comes to topics, content formats, and more. Using the data you gather, you can create a buyer persona–a visual representation of your ideal buyers. This shall serve as your guide when crafting pieces for your content marketing.
Fortunately, you don’t have to spend that much to create value-driven content. There are budget-friendly tools that can help you design everything from infographics to tutorial videos. To write informative blog posts, all you need is the Internet for research and yourself. If all the writing seems overwhelming, there are content writer tools you can leverage to help you. Some tools, like ChatGPT, offer a free trial.
Conclusion
Small businesses need to strengthen their brand if they want to compete with larger companies. Fortunately for these businesses that have limited budgets, doing so doesn’t have to cost a fortune.
To ensure effective small business branding, just define your brand identity from the get-go. This will help you prevent overspending when you create your marketing materials later. Design a simple and memorable logo and a professional website using budget-friendly tools as well. Also, leverage social media platforms and create value-driven content to strengthen your branding—you can do these at virtually no cost. To ensure optimal results without spending a penny, just use your brand colors and fonts consistently across your marketing platforms and assets.
Follow these branding tips and you’ll soon have a small business your ideal customers remember and recognize.
Best of luck!