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Justifying the Investment in Brand Building

UNLIMITED

Justifying the Investment in Brand Building

FromDesigning Tomorrow: Creative Strategies for Social Impact


UNLIMITED

Justifying the Investment in Brand Building

FromDesigning Tomorrow: Creative Strategies for Social Impact

ratings:
Length:
20 minutes
Released:
Oct 15, 2024
Format:
Podcast episode

Description

Branding/marketing isn’t going to do anything for your org…if you can’t fund it in the first place. Unfortunately, justifying the investment in this work — both money AND capacity — for social impact orgs doesn’t come as easily as it might for other sectors. And right now everyone is still stuck in the “do more with less” mentality. Here’s how to make a solid case for the investment — whether you’re pitching your leadership team, funders, or anyone else that needs buy-in to make it work:1. Empathize with decision-makersUnderstand what decision makers value and what other priorities they are focused on. This work isn’t the only thing on their mind just because it’s important to you. 2. Connect work to financial healthYou have to make a case that this work is not just “feel good” work, but actually leads to better financial sustainability for the org. (Teaser: we’re going deep into this in next week’s episode).3. Tie initiatives to impactConnect the dots between this investment and how it will actually create impact for your community and help you reach your mission more quickly/effectively.4. De-risk the investmentUse a pilot project or a phased approach to de-risk the investment and lower the barrier to entry.5. Propose what to deprioritizeRealize that saying yes to this most likely means saying no to other valid projects. Come prepared with which projects you would recommend deprioritizing.6. Present your project teamThink through WHO on your team will be involved and how this will affect their capacity. This shows that you understand this will take time and energy and make for easier planning.In today’s episode of Designing Tomorrow, Jonathan and I dive deep into each of these points, plus we cover:→ How to appeal to personal motivations→ Making concrete connections to growth or cost savings→ Aligning with your mission and impact→ Balancing risk and reward→Managing internal resources effectivelyBut here's the kicker: There's one unexpected benefit of investing in branding/marketing that most people overlook. It's so powerful, it might just be the most important (but rarely discussed) return on your investment.Curious? You'll have to listen to find out. Whether you're a CEO/ED, marketing lead, or passionate team member trying to drive change, this episode has some road-tested ideas to help you make your case.Resources:Episode inspired by an article in - TheySaid’s 2.0 Magazine Want to Scale Your Social Impact? Your Brand is the Fuel.Beyond Aesthetics: The ROI of Brand BuildingBrand Building: An Authentic Approach to Growing a Fierce, Loyal, and Supportive Community*** If you liked this episode, it really helps a new podcast if you can help spread the word. Share with your friends or co-workers, post it to social media, “follow” or “subscribe” in your podcast app, or write a review on iTunes. We could not do this without you!We love hearing feedback from our community, so please email us with your questions or comments — including topics you’d like us to cover in future episodes — at [email protected], now you can text us your comments or questions by clicking this link.
Released:
Oct 15, 2024
Format:
Podcast episode

Titles in the series (39)

Why do some social impact brands thrive, while so many others fail to get traction, build support for their cause, and make meaningful progress towards their mission?Now imagine, for a second, what kind of impact you could create? With truly sustainable revenue and resources. With deeper engagement and relationships with your community. With more influence in your social impact category.Welcome to Designing Tomorrow, the show for modern social impact leaders and brands, hosted by Eric Ressler, Founder & Creative Director of Cosmic.Eric brings his experience and insights working with social impact organizations across the globe directly to you, navigating our rapidly-changing, digitally-driven world with a new playbook to reach your true impact potential.Each episode, we do a deep dive into the strategies, mindsets, and behaviors top social impact brands use to play and win in the attention economy. And we’re going beyond high-level concepts. We cover the specific tools and tactics you can use, today, to make meaningful progress toward your mission.Join us as we explore how social impact organizations can transform into category leaders, multiply their impact, and propel our sector forward.New episodes of Designing Tomorrow are available each Tuesday wherever you get your favorite podcasts. Or find the video versions on our YouTube channel. Let’s design a better tomorrow, together.Designing Tomorrow is a Cosmic Production. Learn more at https://designbycosmic.com/podcast