What many savvy marketers have realized is that a brand must often evolve to stay relevant in the market. In the same way, rebranding may benefit your company greatly to reintroduce your products and services to your existing demographic and new customer bases. However, there is more to rebranding than simply creating a new logo.
Here are some of the top mistakes to avoid when rebranding your company:
- Focusing too much on the logo. Rebranding is much more than creating a new logo, and it encompasses the customer’s experience and perception of the company as a whole. This means making changes online, in the retail atmosphere, and in customer service.
- Not having a plan. When you are rebranding your company, you absolutely must have a plan. This will help you to clearly navigate through all of the changes that need to be made in the presentation of the company, including whether or not you need to change your target demographic, budget, website, and marketing campaign.
- Not staying relevant. If you are focusing too much on the history of your company, your rebranding may not be a success. You must analyze your target market and have an eye open for any new demographic that could be interested in your product or service.
- Not understanding your customer base. When rebranding, you need to take a clear look at who is buying your products. This may mean having secret shoppers visit your website or call your customer service to find out how the customer is really treated. This can help you to make relevant changes from that objective point of view to reintroduce your company to the market.
Rebranding could be your saving grace if your company is on a sinking ship. Take these tips into serious consideration to have the best results in the reintroduction of your company to your customers!
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