All the questions Iāve got within the last week have been about ārebrandingā this quarter.
Perhaps the back-to-school lure of new shiny pencil cases is making you feel your brand needs an update too?
If so, pause for a moment and read this before you get sign-off on a big ārebrand.ā Ā
āRebrandingā is a very loaded and misunderstood term ā usually interpreted to be all about changing the signals of what you stand for ā primarily your visual identity and verbal identity.Ā Ā
Itās used as the great panacea ā for declining sales and low pricing, lack of customer engagement, or employee motivation.
And, letās be honest, itās also kind of exciting and makes people feel important.
But to avoid, āIām spearheading the rebranding project,ā turning into, āI squandered several thousand dollarsā¦ā, keep reading...
Rebranding can sound confusing but it's really just like home improvement. There are 3 ways to do it: