Re-branding for future success
Could it be time to reinvent yourself? As businesses evolve, it’s sometimes beneficial for them to undergo an image change. Known as re-branding, this may involve anything from a fresh name to a new character, logo or set of key messages.
Does my business need to re-brand?
Nothing stays the same. As companies adapt to meet the needs of a changing market, it may be the case that their old persona no longer suits, or accurately mirrors what they do. Re-branding provides an opportunity to enable the face of the company to better reflect what’s going on inside it. Re-branding may involve a complete re-think of the corporate image, or be delivered piecemeal. A key consideration is whether the company’s image continues to faithfully portray what it’s about. When it’s clear that the corporate image hasn’t kept pace with change, a re-brand is probably necessary. Re-branding is frequently a multi-faceted process that occurs in many different stages, not all of them at the same time. Generally, re-brands are envisaged to last around a decade. Once a company has a clear vision of what it’s aiming to look like in the future, its brand should be gradually updated to reflect corporate evolution. Change within organisations is a normal part of commerce: healthy businesses may undergo several re-brands as they grow and adapt to meet the needs of the market.
Although there are many reasons why a company may choose to re-brand, six of the main drivers for a new image are:
– A change in the product/services delivered
– A takeover or other change in ownership
– Internal cultural changes
– A fresh leadership team
– A change in customer base
– Inferior, cheap initial branding which needs to be re-done
Re-branding may incorporate some, or all, of the following aspects of a company: social media; vehicles; signage; a marketing campaign to inform the public; new uniforms; stationery; and photography.
Why the quality of your brand agency matters
Developing a brand that will grow with you
A project completed in 2019 for Finmec is a perfect example for a re-brand. Changes to the financial climate are often influential to re-branding. EMS (as known previously) has successfully grown and developed over the years. They decided to re-brand their company name as FINMEC to continue to provide appropriate services for their clients and prepare for future development.
How does this happen?
This is a gradual process which occurs over time. We have been working cooperatively with the management team at EMS Port Hedland to ensure a smooth transition.
We worked closely with them during the re-launch of EMS as FINMEC and we continue to oversee their branding in convention for all of their future handling.
Can a design agency re-brand?
Yes! As indicated earlier, almost every successful business that’s been running for some years will find itself in the position of needing a re-brand: we are no exception! Telling Designs underwent a total re-brand. The re-brand was prompted by relocation of the company from a small mining town (Pilbara) to the more cosmopolitan setting of Mandurah. The move prompted corporate introspection, where it became clear that there had been a shift in the way our organisation wished to work, the service we wanted to provide for our customers and the image we wanted to portray. As part of considering how best to communicate these internal changes it became clear that what was needed was a more direct, simple brand focus. This didn’t mean that there was anything wrong with our initial branding: rather, as the organisation had changed, there was a need to re-invent our external persona, in order to more accurately reflect the internal changes which had occurred. Therefore taking the time to explore at a fundamental level what sort of company we wanted to be enabled us to identify a clear set of corporate characteristics and values that formed the basis of our re-branding.
Watch this amazing case-study to understand the true impact of a re-brand. Watch Here
In conclusion, investment in re-branding can really make a difference to you, your customers and ultimately your bottom line. Get in touch to find out more.
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