It happens to every company at some point. Maybe your brand feels outdated. Perhaps you’re trying to reach out to a new demographic. Who knows, your products and services may have completely changed recently. Regardless of the reason, every company will go through a rebrand at some point. Some do this gracefully (Read: Old Spice, Apple, UPS) and some flop entirely (Read: Crystal Pepsi). So how can your company be sure to rebrand like champs instead of chumps?
We’ve handled more rebrands than we can count, and we’ve noticed some key traits of successful rebrands. Here are the first things you should do if you’re looking to potentially rebrand your company.
An effective rebrand is going to cost your company a lot of time and money. The last thing you to want to do is make a misstep at the beginning of the process because you didn’t do your due diligence. Question everyone involved in the rebrand to ensure that everyone is on the same page and that you’re not rushing into a rebrand because you’re bored, but rather because a unique opportunity exists for your company if you’re able to rebrand successfully.
Here are some great questions to ask before a potential rebrand:
What can go? What can stay? What worked about your current brand? What definitely didn’t? Auditing your current brand is the single most effective way to choose a direction for your rebrand, but too often companies fail to do this adequately.
If you’re looking for a better way to audit your brand, don’t reinvent the wheel. Download our free DIY Brand Audit guide to ensure that you’re ready to rebrand!
If you’ve done everything above, you’re headed in the right direction, but the real secret to rebranding success is knowing how to implement your new brand. It doesn’t matter how great your new brand is, if your team doesn’t buy in, you don’t have a new brand. Before you commit to rebranding, you should figure out how you’re going to implement your new brand to be successful. Here are a few tips for implementing your new brand:
While the rebrand process is complicated, we’ve seen dozens of companies rebrand successfully. To learn more about the Bold Brands that we’ve built for our clients, check out our work and feel free to reach out for a consultation!