How much should a business
spend on branding?
Typical Anchovies project range
$5,000–$50,000
Yes, that’s a wide range. Honestly, pricing in this industry is complicated. There’s a reason so many agencies get a little uncomfortable sharing it. Let’s give it a go.
I used to put everything into neat packages. It made pricing wonderfully simple. Unfortunately, businesses kept being different.
Two companies could ask for a brand identity and need very different things from it. One needs to open its doors. Another needs to bring a whole team, a lot of customers, and years of reputation into its next chapter.
We look at four things: size, stakes, reach, and timing. They help us decide what the project needs and what taking it on involves.
Same ask. Different price.
Three businesses. Same request. See what changes.
A founder opening locally.
One person making things. A few places to show up. A focused identity they can start using.
Focus now
A clear identity and the few applications needed to open.
Could wait
A whole library of templates for a team that doesn’t exist yet.
How much does the identity need to support?
A founder using the brand themselves has a different job ahead of them than a team of ten making things with it every week.
The team might need presentations, social templates, event materials, and guidance that keeps it all looking like the same business. We may need to try the identity in more situations and make sure people can use it without a designer looking over their shoulder.
And yes, we ask about revenue. It helps us understand the scale of the business, the value of getting this right, and the responsibility we’re taking on. A company with an established customer base and a lot of revenue moving through it has more to account for. That context informs our price alongside the work involved. We should be able to explain the connection.
What’s riding on it?
Sometimes a business is doing well and a few things need attention. The logo gets muddy at small sizes. The website feels a little behind the company. Useful problems to solve, with fairly clear boundaries.
Sometimes we’re trying to help a business reach a very different customer, support a higher price, or shake a perception that has followed it around for years. That can be a much harder problem. The obvious answer probably isn’t going to do it.
Some ideas take a lot more brainpower to get to. More directions explored. More perfectly decent ideas thrown out because they won’t get you far enough. You’re paying for the judgment to know when we’ve found something that can carry the ambition.
There’s also a point where more thinking stops being a sensible investment. We have to weigh the problem, what solving it could mean for the business, and how far it’s worth pushing. Every project deserves good work. Knowing where to put the effort is part of that work.
If this is the business’s last shot, that matters to us. It may call for a very focused first move. If you’re trying to triple the business, that matters too. We need to understand how much you’re asking the creative to help accomplish, and what else will need to happen around it.
Where will this go, and who needs to see it?
A new business with thirty website visitors a month may be best served by a strong, focused launch. Spending two more months polishing every possible application could leave it waiting for work it doesn’t need yet.
We want to make something good and get it out doing its job.
Now imagine that identity going onto packaging, advertising, and fifty storefronts. More eyes. More places for a weak spot to show up. More things to replace if we get it wrong. The thinking and testing before launch take on a different level of responsibility.
Audience size is one clue. Who those people are matters too. A small audience of valuable prospective clients can still make the work consequential.
As Chris Do puts it, “Absent context, nothing is too expensive and nothing’s too cheap.” Reach is part of that context. A bigger rollout gives a mistake more places to travel, and fixing it can cost considerably more. The responsibility, experience, and work needed to reduce that risk all affect the price.
How full is our calendar?
This part is also about the studio.
We have a finite amount of time. When the calendar is full, the same project can be priced higher than it would be during a quieter period. If we have an opening, we may have more flexibility.
That’s supply and demand. It’s worth saying plainly.
Your deadline matters too. A fixed launch date can mean reserving capacity or changing the order of work. If you can be flexible about the start, tell us. It may change the options.
So how do you choose a budget?
Your goal and your investment need to have some relationship to each other. If you’re hoping to build a million-dollar business, it’s worth asking how much you’re prepared to put behind getting there. Very few founders tell that story and finish with, “And the whole thing cost me two grand.”
Leave room for the identity, the website, and getting it all in front of people. Start with what you can comfortably invest, then ask the agency what they would prioritize. The calculator below gives you a way to weigh that number against your goal.
What could that ambition ask of your budget?
Tell us where the business is now and where you want to take it. Let’s put an investment range beside that ambition.
Your last 12 months of sales.
How much more you want to earn over the next 12 months.
Choose your main customer group.
Annual marketing investment to explore at your target size
5–10% of your $1,000,000 annual revenue target.
A total marketing budget across creative, website, content, distribution, people, and tools. Branding would be one part of it.
At today’s $500,000 revenue, the same guideline gives $25,000–$50,000 a year. A bigger goal deserves a conversation about what you’re prepared to put behind it.
Where does the range come from?
BDC’s small-business guidance suggests 2–5% of revenue for B2B marketing and 5–10% for B2C. We apply those percentages to your target revenue as a planning scenario. BDC doesn’t claim this spending will produce that growth.
Read BDC’s guidance ↗Use this to start a budget conversation. Check it against your margins, cash, existing marketing spend, and a credible plan for reaching the goal. This is a total annual budget, not extra spend on top of what you already invest, or an Anchovies project quote. A new business or major launch may need a different approach.