But is rebranding always practical?
I worked with a company that had limited marketing dollars
and was very surprised to see people advocating for a trendy rebrand suggested
by a consultant. Not only were design fees
unaffordable and unbudgeted, but undisclosed costs associated with updating
marketing materials, signage, and other branded items would send costs through
the roof. Worse still, none of that
expense would have helped bring clients in the door.
Rebranding is an investment, and more so than not, the
return on that investment just isn’t there.
Another company I worked with didn’t know when to stop. Every year, color pallets changed, requiring
disposal of old materials and time spent redesigning and printing new ones. First, they asserted color was the
trend. The next year, it was white
space. Then, it was back again to color.
Consistency is key to successful branding. Frequent changes can cause additional expense
and confusion among consumers.
Although an updated look can be refreshing and necessary, sometimes
rebranding projects become an expensive distraction. In such cases, our time could be better spent
developing the reputation and consistency of our brand instead of changing it
altogether.
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