Brand Strategy Consulting: Signs You Need an Agency Now

How Do Brand Strategy Consulting Agencies Operate? Signs It is Time to Hire a Branding Agency

By on Sep 20, 2024 in 30TH FEB

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Imagine you’re training for a marathon. You’ve been running regularly, logging miles, and trying your best to stay on track. You’ve read a few articles about running form and nutrition, but as the race day approaches, you realise something’s missing. Despite all your efforts, you’re not improving your speed, you’re exhausted after every run, and you feel uncertain about whether your current plan will get you across the finish line.

That’s when you decide to hire a professional running coach. The coach doesn’t just tell you to run more. They assess your current regimen, analyse your form, and develop a tailored training plan. They introduce you to interval training, adjust your nutrition, and help you recover better. Over time, you start seeing results—faster times, more energy, and confidence that you’re on the right path.

In the same way, hiring a brand strategy consulting agency is like bringing in a professional coach for your business. You need someone with the expertise, experience, and ability to provide the discipline, direction, and inspiration necessary to achieve your brand’s full potential. While there’s plenty of generic advice available, a brand strategy consultant will help you develop a customised plan—one that’s realistic, attainable, and aligned with your unique business goals. 

Just as the right coach can make all the difference in your marathon success, the right brand strategy consultant can elevate your business, ensuring it stands out in the marketplace and resonates with your audience.

How a  Brand Strategy Consulting Agency can be the perfect growth partner for your business:

1. Brand Audit and Market Analysis

One of the first steps in brand strategy consulting is conducting a comprehensive brand audit to understand who, what, where, and how of your business. This process involves evaluating the current state of the brand, the positioning, and perception of the brand, its voice, and collateral. A brand audit is the first step to identify the gaps in how we think about the business and how it is perceived by our target audience. At 30TH FEB, our team will assess everything from the company’s messaging, visual identity to its market position, customer perceptions, and competitor landscape.

Further in the comprehensive brand audits that businesses prefer before growth leaps and expansion to bigger geographies, we as your strategy consulting agency also conduct customer surveys, and stakeholder interviews to gather insights into how the brand is perceived both internally and externally. We also analyse competitors to identify market gaps and opportunities, setting the stage for a more focused and effective strategy.

2. Defining Brand Identity and Positioning

Once the audit is complete, the next step is to define or refine the brand identity, positioning, and messaging. This involves articulating the brand’s core values, improvising the brand voice in messaging, and incorporating the same in mission, vision, and unique selling proposition (USP). 

The branding agency works with the business team to answer key questions such as:

  • What do you want your brand to stand for?
  • Who is your target audience?
  • What makes you different from your competitors?
  • What is your ideal customer profile? Is your brand messaging apt for them?

To understand the significance of personal branding in enhancing overall brand value, watch this insightful video:

For example, when Apple launched its “Think Different” campaign, the brand strategy was centred on positioning Apple as a super creative, innovative company that challenged the status quo. A brand strategy consulting agency would help a company identify similar opportunities to position their brand in a way that resonates with their target audience.

3. Developing a Brand Messaging Framework

Effective communication strategy is crucial to a strong brand. Brand strategy consulting agencies help businesses develop a well thought of brand messaging framework that aligns with their brand identity and positioning. This framework serves as a guide for all communication efforts, ensuring that the brand’s voice is consistent across all channels—whether it’s brand collateral, social media, advertising, or customer service.

Nike’s “Just Do It” slogan is more than just a tagline; it’s a messaging framework that encapsulates the brand’s identity and resonates with athletes and fitness enthusiasts worldwide. 

A consulting agency would work to create a similar messaging strategy tailored to a company’s specific audience and goals, ensuring clarity and consistency in every interaction.

4. Creating Visual Identity

While a brand is much more than just its visual elements, the visual identity is an essential part of how a brand is perceived. Brand strategy consulting agencies often collaborate with designers to create or refine visual elements such as logos, colour schemes, typography, and overall design language. These elements need to reflect the brand’s identity and appeal directly to its target audience.

Consider the evolution of Pepsi’s logo over the years. Each redesign has been a strategic effort to modernise the brand while maintaining its core identity. A brand strategy consulting agency would guide such a process, ensuring that any changes to visual identity are not only aesthetically pleasing but also strategically sound.

5. Implementing and Monitoring the Brand Strategy

Once the brand strategy is developed, it’s time to implement it. This stage involves launching new campaigns, adjusting existing marketing efforts, and aligning all aspects of the business with the new strategy. Brand strategy consulting agencies often play a role in overseeing the implementation process, ensuring that the strategy is executed effectively.

But the work doesn’t stop there. Continuous monitoring and adjustment are key to maintaining a strong brand. The agency will track the performance of the brand strategy, gather feedback, and make necessary adjustments to ensure that the brand continues to resonate with its audience and adapt to changing market conditions.

Recognizing the right moment to bring in a brand strategy consulting agency can be pivotal to your business’s success. While it might be tempting to navigate branding challenges on your own, certain signs indicate that it’s time to seek expert guidance. 

Now that you have understood how a brand strategy can bring all the difference in the way you brand or market your business, let us have a look at some of the signals that suggest your business needs strategic consultants or its time to onboard an integrated branding agency.

Common Indicators That It’s Time To Enlist The Help Of A Brand Strategy Consulting Agency

1. Stagnant or Declining Sales

If your sales have plateaued or started to decline, it’s often a red flag that your brand isn’t connecting with your target audience as effectively as it should. This might be due to various factors, such as outdated messaging as compared to that of competitors, a shift in market trends, or lower outreach due to lesser offline or digital coverage. 

A brand strategy consulting agency can help you analyse and pinpoint the issues causing the disconnect and needs to be addressed on priority. They’ll help you realign your brand with the current needs and preferences of your customers, ensuring that your marketing efforts are not just reaching people, but truly resonating with them. This often leads to a revitalised brand image and an eventual boost in sales.

2. Weak Brand Messaging or Brand Identity Crisis

When your employees, customers, and even the social media posts struggle to articulate what your brand stands for, it’s a clear sign that your brand messaging needs work. This lack of clarity can lead to mixed messages, making it difficult for your business to be recognised as a brand.

A brand strategy consulting agency can help you refine and solidify your brand identity, ensuring that it clearly communicates your core values, mission, and unique selling points. This process typically involves aligning internal and external perceptions of your brand, so that everyone—from your staff to your customers—has a unified understanding of what your brand represents.

Based on the above, a brand needs to develop the content marketing and social media marketing strategy to powerful branding and greater impact. 

3. Expansion in a new geography or Launching a New Product

Expanding into new markets or launching new products is an exciting yet a challenging endeavour. Without a well-defined brand marketing strategy, there’s a risk that your brand won’t connect with the new audience or will win with credibility and authority. Even the best of marketing offers do not sustain because the marketing campaigns are not able to build trust. A brand strategy consulting agency can help you position your brand effectively in a new market, ensuring that it resonates with the target audience and stands out from competitors. A brand strategist will work with you to develop messaging and positioning strategies that are tailored to the specific needs and expectations of the new market. 

4. Rebranding or Relaunch Brand highlighting the Brand Plans

Even the most successful brands evolve over time. It is the proven strategy to stay relevant with the evolving markets and business ecosystems. It is all about staying relevant with the customer preferences, industry trends and competition. If your brand no longer reflects growth, it might be time to consider relaunch or rebranding. 

A brand strategy consulting agency can help you navigate this complex process by conducting a brand audit, identifying what aspects of your brand need updating, and developing a post audit brand strategy that helps your brand stay relevant without compromising on its core identity. 

Conclusion

A strong well-defined brand is essential to business success. Brand strategy consulting agencies play a critical role in helping businesses build and maintain such brands. Whether you’re struggling with declining sales, entering a new market, or simply in need of a brand refresh,a branding agency can offer the expertise and guidance needed to elevate your brand to the next level.

Recognizing the signs that it’s time to hire a brand strategy consulting agency can make the difference between stagnation and growth. With the right partner who integrates the brand marketing function, you can ensure that your brand not only stands out but also thrives and stays competitive. 

Our team at 30TH FEB, specialises in providing customised, strategic branding solutions that drive results. We work on in-depth analysis by joining the forces as an interim brand strategist or a fractional CMO. Once we have a brand strategy in place and the 12 month tactical plan is ready, our team of content marketers, digital marketers and social media experts join to execute the integrated brand management plans. Team 30TH FEB can help you navigate the complexities of brand strategy, ensuring your brand reaches its full potential and secures a strong position in the market. 

Take the first step toward transforming your brand. Schedule a 30 minute founder-to founder call here.

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