When is it time for a rebrand?
Your business is merging or expanding
Mergers, acquisitions, or major business expansions often require a refreshed brand identity. A rebrand can create a more cohesive and scalable presence that supports growth and ensures consistency across a new market.
Building a strong brand
If you identify with any of those factors, you’re ready to begin the rebranding process. It’s a big undertaking, but here’s help in getting started.
1. Conduct a brand audit & market research
Before diving into a rebrand, take a step back and analyse where your brand currently stands. A brand audit helps you assess your existing brand sentiment, identity, positioning, and audience perception. This involves reviewing your logo, website, messaging, and overall brand guidelines to determine what’s effective and what needs improvement.
Conducting market research lets you understand industry trends, competitor positioning, and customer expectations. Gathering insights from stakeholders, employees, and loyal customers can also give you valuable perspectives on how your brand is perceived and the changes you need to make. The goal here is to identify gaps, uncover opportunities, and make sure your rebrand is based on data rather than assumptions.
Key takeaways:
- Assess your current brand identity and positioning.
- Identify strengths, weaknesses, and areas for improvement.
- Research competitors and industry trends to find market opportunities.
- Gather insights from customers, employees, and stakeholders.
2. Define your rebranding strategy and goals
Once you have a clear understanding of your brand’s current state, the next step is to define your rebranding strategy and set clear goals. Ask yourself why you’re rebranding—are you trying to update your image, reposition your brand in the market, or appeal to a new demographic?
Your strategy should outline key messaging, brand values, and unique selling points (USPs) that differentiate your business. Establishing measurable objectives, such as increasing brand awareness, improving customer engagement, or gaining a competitive edge, will help guide the process and determine whether the rebrand is successful. Without a well defined strategy, you still won’t be on brand.
Key takeaways:
- Define the main objective of your rebrand, whether it’s updating your image, repositioning in the market, or reaching a new audience.
- Identify and refine your brand’s core mission, values, and key differentiators.
- Set clear, measurable goals to evaluate the effectiveness of your rebrand.
3. Develop your new brand identity
The next step is to create a refreshed brand identity that accurately represents your business. This will involve a new visual identity. You should refine or completely redesign visual elements – rethink your old logo. Think about fonts, your colour palette, and overall design style. You should also adjust your brand’s messaging and tone to better connect with your audience and reflect any updates in positioning. You’ll need to think about a new tagline, for example.
Maintain consistency across all touchpoints— your next ad campaign and press release, your website, social media, packaging, and promotional materials. This is how you develop brand recognition and credibility. Do you have any sub brands you need to also consider?
The point is, a well executed brand identity helps establish a strong and lasting presence in the market.
We urge you to download our free ebook to learn more: Building a strong brand: The key elements of visual identity.
Key takeaways:
- Update or redesign key visual elements, including your logo, font choices, and colour scheme.
- Refine your brand’s voice and messaging to match your new direction.
- Ensure consistency in branding across all touch points and communication channels.
At h2o we live for rebranding projects
We said this was a big undertaking, but for us, it’s easy. It’s what we love to do. Check out our case study for ComplianceOnline/VIXIO – our rebranding work helped them effectively expand into European, Asian and North American markets.
And if you’re thinking about a rebrand yourself, we’re here to help. We invite you to get in touch.