Thursday, May 29, 2014

What Is Rebranding & Why Do All Companies Eventually Need It?


By definition, rebranding is the process of giving a product or an organization a new image, in order to make it more attractive or successful. Branding is a core tenet of marketing, whether you re running a start-up that has only existed for a few months or a well-established corporation. Sharing the essence of what makes your company unique is ultimately what attracts and keeps clients, but it doesn t always work out in real life how you imagine. That s why rebranding is often necessary. How Does Rebranding Drive Marketing Strategy? This nifty Marketing Profs infographic explains the process of branding and how it fits in with other types of marketing: As you can see, developing a brand involves soul searching and sharing your mission through various forms of content. Yet, this mission can change or evolve as your company grows. Craft breweries are the perfect example. Perhaps Boston Beer Company could market itself as a small, local craft beer operation in the face of giant mass-
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