5 Effective Branding Exercises for Startups
Branding is a complex and ambiguous term. It is a distinctive feature of the company that separates it from the competition (it can be a name, logotype, slogan, mascot, or any other design element). Professional marketers consider it a never-ending process with numerous stages that give meaning to the organization, shape the brand in consumers' minds, and assist it in reaching short- and long-term goals.
Whatever explanation you find plausible, one thing remains certain: branding is crucial for every company. Just consider the results of recent studies:
If these stats are not enough to take brand identity seriously, consider what it can do for your business:
If you still do not have a brand identity, you certainly miss many excellent opportunities.
Big players alone spend billions of dollars only on branding every single year. For instance, Netflix spent $1.45 billion, whereas Coca-Cola spent over $4 billion in 2021. These sums are staggering; however, they should not scare you away.
The great thing about branding is that it is available to everyone, even if you are a small startup. With a professional branding agency for startups, you may easily take your small local venture to the next level, build a strong web presence, reinforce your position in the market, expand target audience coverage, and achieve your marketing goals while staying within your budget.
However, there is an obstacle. Building branding is a two-way road. Both participants should take an integral part in this process and devote their time, effort, and resources to the cause.
While a branding agency maps out strategy and improves it along the way to adapt to fluctuations in the market and the ever-changing preferences of the target audience, the company should do its homework. The latter means dutifully following a plan of action, implementing best practices, coming up with ideas and ways for improvement, taking extra measures if necessary, and finally, yet importantly, doing some crucial brand identity exercises.
What Are Brand Identity Exercises?
A branding exercise is a guided activity aiming to improve brand identity and give the company a clear vision of where and how to move forward. It does many vital things:
These exercises come in all shapes and sizes. Some are designed to define a core identity, whereas others help get team members on the same page. Some of them help startups create an actionable mission statement in the early stages, whereas others navigate matured companies through current fluctuations in the market and enhance their working culture despite the vibrant multitalented staff.
Unlike school assignments, these exercises are not dull and monotonous. Many of them are fun and engaging. For instance, you can play a hilarious comparison game to assess a brand's personality or organize a fun day and talk about specific moments your company was at its best to understand what your brand and team members truly care about.
Importance of Doing Brand Identity Exercises
The significance of doing branding exercises is enormous because they provide so much help:
However, to enjoy all those benefits, it is vital to do exercises regularly, take them seriously, and devote your time and effort.
Exercise 1 - Build the Best Brand
We will start with a simple branding exercise designed to build a strong foundation for developing brand identity and strategy. Everything begins with that. It aims to
Answer these questions to complete this exercise:
Along with these questions, make a list of words to define what your company is not. Create pairs of words that team members may confuse to eliminate misunderstandings. For example, state that you want to sound fun but not childish. Share this list with your support team and the department responsible for creating content and delivering the message. They need to understand crucial traits that you are up to.
If you are stuck, pull in some friends and stakeholders into the exercise, ask them these questions, and see what you learn. Every answer is a precious piece of information that comes with value and meaning that can reinforce the foundation of brand identity.
Last but not least, it is crucial to note that you should do this exercise not only at the early stage of the company's development but also during its life. There are three reasons for that.
Exercise 2 - Get Personal
Gone are the days when brands were defined by their logos, mascots, and color schemes. Over the past decade, the situation in the market has changed dramatically. Customers no longer want to deal with faceless, cold organizations. They crave warm human touch and feel, opting in favor of hyper-personalized interactions with the platforms rather than details-obsessed robotic-like approaches.
The time has come to personify your brand, even though it may sound like a true challenge, especially for young and ambitious entrepreneurs. However, it needs to be done. The good thing is that there is an exercise to determine your company's archetype that will resonate with the ideal client and target audience.
The routine has just two steps:
After gathering all the answers, try to illustrate this person. Do this exercise together with your team members. You may be surprised by what you find. Is it a person whom you would ideally like to be? Is it a person who will become a crucial part of your consumer's life?
If so, make sure to manifest all their qualities through content, message, and communication channels.
Exercise 3 - Become Transformative
As many professional marketers and branding coaches agree, people are after transformation, not just a product these days. The desire for transformation that is integral to the beauty and health industry has also migrated into other niches. It is a real thing in the B2B and B2C sectors. If you manage to make your product a tool for improving customers' lives or solving their issues and improving the overall situation, you will be a winner.
This is not an easy task since making a transformative product is a multi-step process that involves the development stage. However, everything starts with a small exercise that defines the essence of how you can make that metamorphosis happen. Do these steps:
Exercise 4 - Determine the Position
Providing an experience tailored to customers' needs, backed by genuine personal interaction, is not enough to survive a cut-throat competition. Your company should stand steadfast and hold for at least a year. It should have a strong position since it makes it unique and delivers the right message to the crowd.
Product is the driver to establishing positioning; therefore, answer these questions, guided by its qualities and attributes.
Using these answers, you may easily create a statement. Start with addressing it to the person with a specific problem. Then reveal the product’s advantage. Compare it with an opponent, and end with a primary differentiation.
Exercise 5 - Create a Motivational Manifesto "We Are" or "We Believe"
Making every member of the organization give their maximum effort and commit to the product and platform is a true challenge. A strong work culture where staff is heard and appreciated is one of the ways to cope with this task. However, it might fall short without good motivation and reminding everyone why you are all here and what your beliefs are.
Creating a motivational manifesto is one of those exercises that reinforce work culture, bring everyone on the same page, and give a much-needed boost to devote yourself to the cause.
So what to do? Compile a list of all the things you believe in, considering all facets of life. Do not make it perfect or brilliant. Make it simple, but reflect your brand's value, personality, and mission. Create an illustration, or infographic, or use a bullet list to visualize it. Print everything and hang the poster in your office.
Developing a Strong Brand
Developing a strong brand identity that surmounts all obstacles and stays stable despite market fluctuations is complicated. However, nothing is impossible. Follow these best practices:
Leadership Presentation Expert | Founder: INKPPT & INKLUSIVE*
4wExcellent points! Branding exercises are a valuable tool for startups to clarify their identity and align their efforts, setting the stage for long-term growth and success.