DID YOU EVER THINK OF IT?
Have you started to feel like your company brand is looking old and dusty? Your logo, website, storefront – any or all of the above? You are not alone, and for companies that stand the test of time, this is bound to happen after a number of years. In today’s dynamic business landscape, it is vital to continually adapt to stay relevant and competitive.
Rebranding helps a company shed a dated image and align itself with current market trends. Take the worldwide coffee and pastry company, Dunkin’, which first opened in 1950. Originally named Dunkin’ Donuts, the company officially changed their name to Dunkin’ in 2019. Due to the name change, they also updated their logo and signage, but kept the bright orange and pink colors used previously. This was a great way to modernize their branding, but maintain recognition and familiarity with customers.
Companies can also use rebranding as an opportunity to refine their mission and values. Has your company expanded services? Perhaps there are products or services trending that you would like to highlight in branding. In the ever changing world of home design and construction, water-based polyurethane wood floors have gained huge popularity. A flooring company may wish to give this service more of a spotlight in their marketing.
Rebranding requires a deep understanding of customer preferences, market dynamics, and strong communication. Thorough research, planning, and strategy are crucial for success. Rebranding is a powerful tool for revitalizing a company, fostering growth and enthusiasm, and ultimately providing a positive future for your business.