On average, small and medium sized businesses spend about $400 / month on marketing. During this time, you’re constantly staying up-to-date on the latest market trends and adjusting your SEO, pay-per-click, and retargeting to match. But how much time and thought have you actually put into your logo design, and what it means to your customers?
As you know, your logo is often the first contact your potential customer will have with your business. But did you know that every aspect of your logo (the color, font type, and image) can affect different buyer personas? What may seem enticing to you, may very well be off-putting to your business’s target demographic.
It’s important that as you work with your designer, you’re not thinking about what you find most attractive, but more importantly, what brings in customers. You’re the market leader, so you’ll be best equipped to guide the decisions to make a successful logo. But as you work through the design process keep the following elements in mind:
Times New Roman or Trebuchet? Italicized or bolded? What are your business’s typeface needs? This all relates back to the type of buyer persona you’re trying to attract. And while studies showing how readers react to different font types are scarce, following these guidelines should help guide your decisions:
Color is obviously a key component to your logo, but have you given the color palette thought? It’s not enough to simply pick a color based on your personal preference. According to a study titled “Impact of Color on Marketing,” 62-90% of a customer’s assessment of a brand is based on color alone.
So, what color should you choose? Well, that depends on what your product is and the type of buyer personas you’re trying to reach:
One thing to remember is that no matter what color you decide on, make sure your logo is legible. While working with your designer, think about the message you’re trying to convey through color to attract the right buyer persona.
Whether or not you add an image to your business’s logo is a tricky one, and should be approached as an optional addition — not a “must have”. There are a lot of great examples of businesses that include an image in their businesses logo, whether it’s cleverly included within the text itself, an addition to the text, or included subliminally. On the other hand, many of the largest corporations use only text for their logo.
No matter what you decide, keep in mind that you only have a couple of seconds to capture the attention of potential customers, so it’s important that the image doesn’t confuse them or misrepresent what your business is really about. It’s important to understand the buyer persona that you’re trying to attract when thinking about a logo image.
Ultimately, all of the creative decisions that you’ve made are driven by the buyer persona you’re trying to cater to and the type of business you own. By keeping in mind those design elements, you and your designer can work to create a logo that is both representative of your business and also catches your customer’s eye.