12 Common Mistakes to Avoid When Rebranding
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Strategic Rebranding Strategy
Brand Development / Marketing / Online Presence Summary Table of Contents I. Summary a. Summary of Key Points Page 2 b. Recommended Timeline Page 4 c. Recommended Approach Page 4 II. Brand Development a. Define / Assess and Strategic Planning Page 7 b. Campaign Development Page 12 c. Implementation Page 12 d. Project Assessment Page 13 e. Logo Concepts Page 14 III. Marketing Strategies a. Branding and Passenger Information Page 18 b. Awareness and Image Building Page 19 c. Community-Based Marketing Programs Page 20 IV. Website Development a. Design Page 23 b. Functionality Page 25 c. Wireframe Development Page 26 V. Social Media Strategies a. Find the Best Fit Page 28 b. Schedule Social Engagement Page 29 c. Create Expert Content Page 30 d. Be Social on Social Media Page 30 1 Brand Development / Marketing / Online Presence Summary This brand development / marketing / online presence strategy document was created as a collaborative effort between the Wake County Transit Planning Advisory Committee, the Capital Area Metropolitan Planning Organization (CAMPO) and the Public Involvement Consultant team. It is presented to the Wake County Transit Planning Advisory Committee (TPAC) for adoption as guidance to GoTriangle for implementation as the lead agency for the Wake County Transit Plan’s public engagement efforts. The document provides strategies for development of Wake County Transit’s branding. It includes an approach for branding, message development and creative direction and suggests the creation of a Branding Steering Committee. Strategies for marketing include incorporating and promoting branding; awareness and image building; and community-based marketing initiatives. Additionally, the document provides guidelines for development of a new website and strategies for implementing and leveraging social media platforms. -
Rebranding Proposal
NORTH MAIN STREET COLUMBIA REBRANDING PROPOSAL wearequeue.com ABOUT US We are a collection of senior level strategists who have spent our entire careers building strong brands and sharing their stories with award-winning work. Our mission is simple — to help you accomplish your marketing objectives, whether they are big or small. We pride ourselves on a client-first approach where every team member gets to thoroughly know each client. This way, we can best utilize our wealth of experience with clients of all sizes in a variety of industries. As a small agency, we can offer a level of personal service not found in larger agencies. We’re accessible and responsive to you with no junior level staff. This helps us develop a close working relationship with you, which leads to more efficient workflows and on target strategies. We approach each client with an open mind. We listen. We ask questions. And we get to know you. Then we use our experience and expertise to develop and execute effective marketing solutions that meet your unique needs. You name it, we do it. Whether you need a logo design, a website or an integrated branding strategy, our capabilities provide Strategy you with almost limitless possibilities. While we have Creative many tools, perhaps our greatest is curiosity. We ask questions. We listen. We ask more questions. We listen some more. We learn about you, your business, your customers and your competitors. We do our homework. And then we get to work. Execution NORTH MAIN STREET REBRANDING Proposal 2 CURRENT SITUATION ANALYSIS The North Main Street corridor is located just several blocks north of Columbia’s city center district and serves as a major artery through Columbia. -
Whether Live, Virtual Or Hybrid, Events Go On
The Business of Brands Digital Edition February 22, 2021 Whether live, virtual or hybrid, events go on A guide to how industry tentpoles like Cannes, SXSW and more are navigating the lingering pandemic In this issue February 22, 2021 Feature GOING FOR THE GLITZ Promotions aimed at influencers become more elaborate in the pandemic News THE WEEK AHEAD: FEBRUARY 22-26, 2021 A look at some of the happenings over the next five days of interest to marketers, agencies and media players. TRENDING At a glance hot topics in the world of marketing, including Target’s new chief marketing officer, Shaquille O’Neal’s Frosted Flakes play and Chevrolet’s new TikTok channel. AFTER REBRANDING AUNT JEMIMA, QUAKER FOODS MUST WALK THE TALK It’s a delicate balance to hold onto brand equity while moving beyond racist roots with a new name. In this issue February 22, 2021 CAN ADVERTISING’S BIGGEST EVENTS REDEEM THEMSELVES IN 2021? A number of marketers’ favorites are planning to use in-person or hybrid live-virtual formats. 5 QUESTIONS WITH YADIRA HARRISON Verb co-founder discusses the value of creating intimate brand events and building an experiential business in a pandemic. HOW MARKETERS CAN MAKE THE MOST OF SXSW ONLINE The festival that was the first to feel the impact from COVID-19 is now a testing ground for virtual brands. EXPERIENTIAL AGENCY NA COLLECTIVE CLOSES AS ‘CASUALTY OF THE PANDEMIC’ Work included live activations for Nike, Tinder, Facebook and more at events including SXSW and Bonnaroo. WHY MARKETERS FLOCK TO CLUBHOUSE TO TOUT THEIR EXPERTISE—AND BRANDS The app merges the professionalism of LinkedIn with the appeal of podcasts. -
THE GUIDE to REBRANDING Contents Introduction
THE GUIDE TO REBRANDING Contents Introduction Introduction 02 Rebrandingisatermthatgenerates confusionandoftengetsthrown More than a logo 03 aroundloosely.Incommon vernacularitcanmeananything What is rebranding? 04 fromachangetoyourbrand’slook andfeelpriortothelaunchofanew Refresh or rebrand? 06 campaign,throughtoacomplete overhaulofyourbrandstrategy Benefitsofsuccessfullyrebrandingyour andthelaunchofthenewcompany financialservicesorganisation 07 nameandlogo. Why rebrand? 08 Therealityisthatatruerebrand isajourneythatinvolves Doesmyorganisationneedtorebrand? 11 comprehensivelyanalysingwhat haschangedwithinyourbusiness How do I rebrand? 12 anditsstrategy,bringingthat changetolifethroughadefined Gettinginternalstakeholdersonboard 14 brandpositioning,andsignalling thechangetothemarket,oftenvia Whatisbrandarchitecture? 15 anewlogoorlookandfeel. Pressure-testingyourbrand 17 Yourbrandisanassetandshould betreatedassuch.Accordingto Apicturetells1000words 19 MillwardBrown,in2013theworld’s mostvaluablebrand,Apple,has Youremployees:yourmostvaluable abrandvalueofover$185billion. brandasset 21 Bycomparison,Australia’sleading companyintermsofbrandvalue In conclusion 22 wasWoolworths,withabrandvalue ofover$8billion. About BrandMatters 22 Brandistheconduit thatconnectsyour organisationtoits clients,itschannels, itsstakeholders anditscommunity. THE GUIDE TO REBRANDING 3 Introduction Yourbrandrepresentswhatis + MORETHANALOGO uniqueandvaluableaboutyour businessthatcannoteasilybe Weshouldalsostateatthe Yourbrandcomestolife replicated.Forexample,manyof outset,brandismuchmore -
Principles of Brand Management
Brand management is the application of marketing techniques to a specific product, product line, or brand. It seeks to increase a product's perceived value to the customer and thereby increase brand franchise and brand equity. Marketers see a brand as an implied promise that the level of quality people have come to expect from a brand will continue with future purchases of the same product. This may increase sales by making a comparison with competing products more favorable. It may also enable the manufacturer to charge more for the product. The value of the brand is determined by the amount of profit it generates for the manufacturer. This can result from a combination of increased sales and increased price, and/or reduced COGS (cost of goods sold), and/or reduced or more efficient marketing investment. All of these enhancements may improve the profitability of a brand, and thus, "Brand Managers" often carry line-management accountability for a brand's P&L (Profit and Loss) profitability, in contrast to marketing staff manager roles, which are allocated budgets from above, to manage and execute. In this regard, Brand Management is often viewed in organizations as a broader and more strategic role than Marketing alone. The annual list of the world’s most valuable brands, published by Interbrand and Business Week, indicates that the market value of companies often consists largely of brand equity. Research by McKinsey & Company, a global consulting firm, in 2000 suggested that strong, well-leveraged brands produce higher returns to shareholders than weaker, narrower brands.[citation needed] Taken together, this means that brands seriously impact shareholder value, which ultimately makes branding a CEO responsibility. -
Aspects Regarding Rebranding Strategies - a Conceptual and Practical Approach
CORE Metadata, citation and similar papers at core.ac.uk Provided by Munich Personal RePEc Archive MPRA Munich Personal RePEc Archive Aspects regarding rebranding strategies - A conceptual and practical approach Ovidiu Ioan Moisescu 2006 Online at http://mpra.ub.uni-muenchen.de/32016/ MPRA Paper No. 32016, posted 4. July 2011 19:23 UTC Ovidiu I. Moisescu Babeş Bolyai University, Faculty of Economics and Business Management, Cluj Napoca, Romania ASPECTS REGARDING REBRANDING STRATEGIES – A CONCEPTUAL AND PRACTICAL APPROACH Key Words: Brand Strategy, Rebranding, Brand Values ABSTRACT: A brand is an extremely valuable intangible asset to any company and it communicates a set of values to its customers, employees, investors, and other stakeholders. Changing that identity or a part of it must be seen as a serious strategic decision, requiring careful planning. A rebranding strategy, which implies often a long-held brand name being discarded, must be profoundly analyzed before implementing it. This paper views rebranding as a permanent process, from revitalizing a current brand to a full name change, involving sometimes alterations in brand values and promises, and outlining some of the main approaches to renaming a corporate brand. It then presents a case history and an assessment of Orange's rebranding strategy during the last years. INTRODUCTION While the number of brands has strongly increased in recent years, brands remain a company’s most valuable assets. Strong brands tend to add both economic and strategic value to their proprietors. The value of this asset is often referred to as brand equity which is the marketing and financial value associated with a brand’s strength in the market. -
Brand Architecture Strategy and Firm Value: How Leveraging, Separating, and Distancing the Corporate Brand Affects Risk and Returns
J. of the Acad. Mark. Sci. (2016) 44:261–280 DOI 10.1007/s11747-014-0422-5 ORIGINAL EMPIRICAL RESEARCH Brand architecture strategy and firm value: how leveraging, separating, and distancing the corporate brand affects risk and returns Liwu Hsu & Susan Fournier & Shuba Srinivasan Received: 27 November 2013 /Accepted: 2 December 2014 /Published online: 20 January 2015 # Academy of Marketing Science 2015 Abstract Despite evidence suggesting a growing inci- implications for practice. Our results show that risk/ dence of brand architecture strategies beyond the branded return tradeoffs for sub-branding, endorsed branding, house (e.g., Boeing and IBM) and house-of-brands (e.g., and the BH-HOB hybrid differ significantly from what P&G with Tide and Cheer), and recognition that in prac- common wisdom suggests. tice these strategies are very different, there is still a need for research on how financial markets value the full range Keywords Branding . Brand architecture . Brand portfolio of brand architecture strategies pursued by firms. We strategy . Firm performance . Shareholder value . Abnormal replicate and extend Rao et al.’s(Journal of Marketing, returns . Risk . Time-series econometrics 68(4), 126-141, 2004) investigation of brand portfolio strategy and firm performance by (1) adding sub- branding and endorsed branding architectures, (2) clarify- ing the “mixed” architecture to constitute a BH-HOB Introduction hybrid and remove sub- and endorsed branding variants, and (3) quantifying the impact of a company’sbrand Previous papers (Bahadir et al. 2008; Bharadwaj et al. 2011; architecture strategy on stock risk in addition to returns. Morgan and Rego 2009;Regoetal.2009; Wiles et al. -
Branding and Extroversion Handbook: a Guide for Smes
IDEA SOCIAL DESIGN ADVERTISING RESEARCH BRANDING BRAND PRODUCT CREATIVITY BRANDING AND EXTROVERSION HANDBOOK: A GUIDE FOR SMES This project has been funded with support from the European Commission. This publication [communication] reflects only the views of the author. Therefore The Commission cannot be held responsible for any eventual use of the information contained therein. Project No. 2015-1-HU01-KA202-013605 This project has been funded with support from the European Commission. This publication [communication] reflects only the views of the author. Therefore The Commission cannot be held responsible for any eventual use of the information contained therein. Project No. 2015-1-HU01-KA202-013605 INDEX 02 I. Introduction: The Aim Behind the Handbook 04 II. Introduction to Branding 05 II.1. What is Branding? 06 II.2. Brand your Business 10 II.3. Brand Building, Branding Process 16 III. Step by Step into the Branding Process 17 III.1. Preparation for the branding process 20 III.2. The choice of the Name 27 III.3. Right Logo for the right Brand 30 III.4. Brand protection, intellectual property, copyright 36 III.5. Successful complex Brand Design 40 III.6. Brand identity, brand equity 43 III.7. Monitoring and Rebranding 48 III.8. Branding through Social Media 50 IV. Branding and Extroversion - connection and relation 51 IV.1. Extroversion in Branding 52 IV.2. Definition of the Extrovert entrepreneurial attitude 53 IV.3. Extroversion Techniques 56 V. Branding and Extroversion complex training 60 V.1. Useful National Contacts 62 VI. Main Branding & Extroversion Literatures and Online Resources 1 I. INTRODUCTION: THE AIM BEHIND THE HANDBOOK 2 Today companies face huge challenges stepping into the market with new products and services. -
The Impacts of Brand Management Practices on Brand Performance and Firm Value
THE IMPACTS OF BRAND MANAGEMENT PRACTICES ON BRAND PERFORMANCE AND FIRM VALUE By Yanhui Zhao A DISSERTATION Submitted to Michigan State University in partial fulfillment of the requirements for the degree of Business Administration—Marketing—Doctor of Philosophy 2016 ABSTRACT THE IMPACTS OF BRAND MANAGEMENT PRACTICES ON BRAND PERFORMANCE AND FIRM VALUE By Yanhui Zhao Brands are among the most important of firm assets, serving as crucial sources of competitive advantage. The realization of such competitive advantage requires effective, robust, and flexible brand management practices that accommodate internal and external contingencies. My dissertation uses two essays to investigate how a selection of brand management practices influences brand performance and firm value. Essay 1 employs two studies to examine cross- category variation in the effect of marketing mix variables on brand sales and brand equity. Empirical evidence from analyzing Information Resources, Inc. scanner data (study 1) and consumer survey data (study 2) suggests that brand relevance in category (BRiC) – a product category characteristic – interacts with marketing mix decisions (e.g., product variety, distribution coverage) to affect brand sales and brand equity. The focus of Essay 2 is rebranding strategies that aim to update a firm’s brand image by changing brand identity or brand strategy. Empirical evidence from analyzing 229 rebranding events shows that, on average, rebranding initiatives are associated with positive abnormal stock returns. More importantly, these financial returns can be predicted by the degree of rebranding and the fit between the degree of rebranding and competitive factors (firm competitive position and industry competition intensity). TABLE OF CONTENTS LIST OF TABLES…………………………………………………………… ………….….…… v LIST OF FIGURES…………………………………………… …………………………….…. -
The Rise of China's Luxury Automotive Industry
Heritage with a High Price Tag: The Rise of China’s Luxury Automotive Industry Sydney Ella Smith AMES 499S Honors Thesis in the Department of Asian and Middle Eastern Studies Duke University Durham, North Carolina April 2018 Guo-Juin Hong Department of Asian and Middle Eastern Studies Supervising Professor Leo Ching Department of Asian and Middle Eastern Studies Committee Member Shai Ginsburg Department of Asian and Middle Eastern Studies Committee Member Heritage with a High Price Tag: The Rise of China’s Luxury Automotive Industry Sydney Ella Smith, B.A. Duke University, 2018 Supervisor: Guo-Juin Hong TABLE OF CONTENTS Author’s Note ...........................................................................................................ii Introduction: For Automobiles, Failure Builds Resiliency ......................................1 Chapter 1: Strategy Perspectives on the Chinese Automotive Industry ...................9 Michael Porter’s “Five-Forces-Model” ........................................................12 Michael Porter’s “Clusters and the New Economics of Competition” ........23 Chapter 2: Luxury Among the Nouveau Riche: The Chinese Tuhao (土豪) .........32 What is Luxury? ...........................................................................................34 Who Buys Luxury? ......................................................................................39 Evolving Trends in Luxury ..........................................................................45 Conclusion: Cars with Chinese Characteristics ......................................................49 -
Describing the Customers' Perception of Unilever's Dualithic Approach
Describing the Customers’ Perception of Unilever’s Dualithic Approach has had on its Sub-Brands’ Brand Equity Student Name: Jayd Twiddy Student Number: 13022033 Vega School of Brand Leadership Supervisor: Sharon Ballack Alec Bozas Course: BA Honours in Strategic Brand Communication Module Name: Research Methodology Module Code: RESM8419 Due Date: 16 October 2017 DECLARATION I, Jayd Lynne Twiddy declare that this dissertation is of my own original work. Any secondary research material that has been used throughout this dissertation is peer reviewed, either a print source or from the Internet. I understand plagiarism is the use of another person’s work, ideas, and words without appropriate acknowledgement and I am aware of the department’s policy in this regard. All sources are acknowledged and referenced using the required Harvard reference style. Student Number: 13 02 20 33 Date: 16 October 2017 ______________________ Signed: J.L Twiddy II ACKNOWLEDGEMENTS I would like to say a special thanks to the following people who made this research paper possible: Sharon Ballack (Supervisor), your knowledge and passion for the subject truly guided me through every stage of this research paper. I would not have been able to do this dissertation without you. Alec Bozas (Supervisor), your dedication and support as a lecturer, ensured I was always on track and prepared for any situation. III GLOSSARY OF TERMS Brand Equity: Brand equity is viewed as the inherent or perceived value of a brand, which depends on the customer's’ interaction over time with the brand and the perception consumers build based on their positive or negative experiences. -
Designing Brand Identity
Designing Brand Identity Cover design: Jon Bjornson This book is printed on acid-free paper. Copyright © 2013 by Alina Wheeler. Published by John Wiley & Sons, Inc., Hoboken, New Jersey. Published simultaneously in Canada. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning, or otherwise, except as permitted under Section 107 or 108 of the 1976 United States Copyright Act, without either the prior written permission of the Publisher, or authorization through payment of the appropriate per-copy fee to the Copyright Clearance Center, Inc., 222 Rosewood Drive, Danvers, MA 01923, 978-750-8400, fax 978-646-8600, or on the web at www.copyright.com. Requests to the Publisher for permission should be addressed to the Permissions Department, John Wiley & Sons, Inc., 111 River Street, Hoboken, NJ 07030, 201-748-6011, fax 201-748-6008, or online at http://www.wiley.com/go/permissions. Limit of Liability/Disclaimer of Warranty: While the publisher and author have used their best efforts in preparing this book, they make no representations or warranties with the respect to the accuracy or completeness of the contents of this book and specifically disclaim any implied warranties of merchantability or fitness for a particular purpose. No warranty may be created or extended by sales representatives or written sales materials. The advice and strategies contained herein may not be suitable for your situation. You should consult with a professional where appropriate. Neither the publisher nor the author shall be liable for damages arising herefrom.