Is it possible for your logo to cause your business to fail? This is a question which most starting entrepreneurs usually have to deal with, especially when they are pressed for funds and so they don’t realize the importance of having a high quality logo for their business. It should be noted that a logo is not just some graphics to make people remember your business. It is a vital marketing and branding tool that has led to the success of some big brands in the world.
Apple, McDonalds, Google, IBM, Nike and many others wouldn’t have attained the staggering levels of success they are currently enjoying if they never invented their time and resources in having great logos. Therefore, note very strongly that it is possible for your logo to cause your business to fail and that can happen in one or a combination of the following ways.
Alienating new clients or prospects
One of the primary reasons of having a logo for you business is to stand out from the crowd and attract new prospect clients. With a poorly designed logo, you lose the competitive edge to be conspicuous amongst the competition and you will be effectively alienating the prospective clients whom would have been interested in doing business with you. Additionally, a poorly designed logo may attract the wrong crowd which is not suitable for your business and this will do nothing but stunt your growth potential. Therefore, be sure that you are not locking out potential customers by having an ill-designed logo.
Sending out the wrong message
When it comes to using business logos for branding, the logo must have the ability to send out the right message to your potential and current clients. The logo should essentially portray what the business firmly believes in and it should tell the potential clients the business has what it takes to meet their specific needs. People will be more confident in engaging your business if they feel they will get value out of doing so.
And since your logo is the first point of contact between you and your clients, if it delivers the wrong message, then this is likely to make your business fail. Therefore, if you don’t want your logo to fail your entire business, it is imperative to ensure to get the messaging right.
A poor logo may suggest poor quality standards
It goes without saying that success in any business is greatly pegged on the ability to deliver quality products or services. It is a must for the clients or customers to believe they are getting their money’s worth by working with you. A poorly designed logo may create an impression that the business does not take quality seriously. If they can’t design a high quality logo, why should a potential client think that they will get quality products or services from the business? This is another way through which a logo can make a business to fail.
Lack of a great first impression
A successful logo must have the ability to standout from the crowd and make a lasting impression when a potential client sees it for the very first time. This ability to be noticed from amongst the competition is what will be responsible for continuous flow of potential clients to the business. In this manner, it will not be possible for the business to win and to retain prospects if the logo can’t make a good and lasting first impression.
Not only this, but the lack of a good first impression will have other implications on the business like making the prospects doubt your values and every other thing you claim to stand for. As a matter of fact, it will be an indication that you never took much time and effort to create the logo. Thus, it will not be possible for your business to realize its ultimate growth potential with such a logo.
Affecting talent acquisition
It is important to have in mind that business logos are not just for attracting new clients, but also attracting the right employees to the business. A bad logo may not only drive away talented and experienced employees, but also it can prevent the business from attracting talented professionals from applying for open positions.
A poorly designed logo will send a message to the potential employees that the business is not keen on connecting with their employees, leave alone the customers. A potential employee will thus be left wondering if the business will have any interests in investing in them. If your business is unable to attract the right talent in the industry, then moving forward will be very difficult and the business may as well fail.
These are some of the ways through which a logo can make a business fail. It is imperative to consider each keenly so that you avoid curtailing the growth of your business due to poor logo design.