What Is the Right Time to Rebrand?
Everyone in this world changes over time, so why not brand?
Rebranding
Whenever a company
improves any of its elements, colours, or typography, it is called rebranding. Rebranding
can be done with little change or change everything, including the name.
Therefore, rebranding can be brand refresh, partial rebrand or complete rebrand.
Rebranding is only sometimes necessary because it carries much cost from hiring
a designer to launching a new look, and besides that, it carries much risk;
therefore, companies always try to rebrand when the Time is right.
So, when is it right time
to rebrand?
When you are changing
your products and services or if you are expanding to a new audience
That means something other than the introduction of one or two new products. It is more about introducing a new line of products that can affect the design of your brand or if your brand cannot Describe the new product through the old design or logo. For example, if your brand was selling just plant-based products before and now it's introducing other varieties that are animal-based, then the whole value exchange, so in this case, rebranding is necessary.
When your current brand is not working
When your current branding designs are not
working, they lead your business towards loss and need adjustments. Exploring
more designs and selecting the best that attracts your target audience is
required.
To be different from your
competitors
When you cannot
differentiate and stand out from your competitors with the same goal and target
audience, branding can give you a new way to stand out.
To keep away from a bad reputation
When your company have
had a bad reputation, and you want to stay away from negative size but still do
business.
If your company had
changed
This happens when two
companies merge or introduce new leadership to take the company in a new
direction.
Periodical rebranding
Sometimes, it is best to
rebrand after a specific time, rebrand with a modern touch and do your old logo
or design so that your brand doesn't look outdated.
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