Small business marketing consultants in Melbourne explain the term re-branding
Rebranding is the creation of a new look and feel for an established product or company. Our small business markeging consultants explain that the usual goal of rebranding is to influence a customer's perception about a product or service or the company overall by revitalizing the brand and making it seem more modern and relevant to the customer's needs.
There are many other reasons a business might want to present a different brand image. Possibilities include:
Repositioning the company and vision to reflect a change of focus. This assists in setting the company apart from its competitors, updating the corporate image to appeal to a younger market, expanding the business scope, and reflecting a significant merer or aquisition.
Companies at times may want to present a new image for reputation management, to distance themselves from problems of the past. Re-branding can offer a fresh start without losing the foundations of the company.
Another purpose of rebranding is to exploit the popularity of some current trend. The perfect example is the “Green” trend which is necessary to maintain competitiveness of many companies today.
Our small business marketing consultants in Melbourne explain that when it comes to rebranding efforts, these may include such factors as a name change, a new logo or packaging and updated marketing materials that include the latest industry buzz words.
If you need assistance with your branding or feel it may be time to look at re-branding your business, talk to our small business marketing consultants in Melbourne today.