08/10/2022
Does your business need a brand refresh? 💥
Rebranding usually involves updating your logo, color palettes, fonts, language style, and overall appearance.
Some of the most notable reasons businesses undergo a rebrand are:
🔎Mergers & Acquisitions: changes in business ownership usually results in an immediate rebranding initiative. M&A’s usually lead to a change in the brand name and subsequently a new brand identity will be created.
🔎New location: if you are expanding into a new market, you may need to update your logo and brand messaging to better identify with the local community.
🔎Market reposition: when a business repositions itself, there are normally many major changes across the organisation such as a new strategy & promise, updated product or service offering, new policies, etc. Rebranding could make these changes visible to all stakeholders and have an extremely positive impact on business success.
🔎New philosophy: your business’s mission statement, vision, and values should guide every decision you make -- if there is a change to any of these, it may be time for a rebrand.
There are many other reasons why businesses decide to rebrand. It could be covering up a crisis, trying to increase brand awareness, or just plain boredom. Whatever the reason is, make sure to follow specific brand guidelines and have a clear strategy outlined for how you will move forward. This will help with consistency as you go through the transition period.
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