5 Benefits of a Rebrand
2023 is here at last! Although the year on our calendars may have changed, we still live in a world where trends are constantly on the refresh. Because of this, it can be hard to maintain a modern image for your business. Rebranding is an option that business owners often overlook, but keeping the look and feel of your brand fresh and current can be the key to keeping your company at the top of your industry!
We know that undergoing a rebrand for your organization can seem like a daunting task, however, the branding experts at Fox and Forth are here to provide you with a crash course on the 5 benefits that come from undergoing a rebrand.
Create A New Connection.
The biggest advantage to refreshing the look and feel of your brand is the ability to reach a new audience and new customers. When you focus on new aspects of your business and promote them strategically, people will take notice! Rebranding can offer the stimulation your business needs to create new growth and inspire brand loyalty in an ever-evolving market.
As you grow your business, your capabilities may begin to directly contend with those of your industry competitors. Rebranding can be the most effective way to set your company’s offers and approach apart. Differentiating your brand shows potential clients that your services are unique and that you are the experts. Rebranding your company to have its own voice, look, and feel will help establish your business as an industry leader with a personality that appeals to your target audience.
Keep It Current!
Rebranding has one simple goal: To keep your brand current! Design trends play a major role in how potential or current customers view your company and all that it has to offer. Ensuring that your look is always ahead of the curve shows your customers that you pay attention to the trends within your industry.
Massive brands like Apple and Starbucks have gone through many rebrand endeavours throughout their business journeys. Some early renditions of their branding are even unrecognizable today!
Attract Top-Tier Talent and Clients.
It’s not uncommon for young startups to get caught up in the day-to-day grind of starting a new business and view branding as an afterthought. As a result, small business logos, websites, and brand messaging may lack the professionalism necessary to attract top-tier clients and talent. However, young companies can utilize branding to reflect growth and signal movement past the startup phase. Rebranding is a necessary, worthwhile step to take when scaling your company and attracting new, high-paying business and talented employees.
Boost Your Bottom Line.
Ideally, your company will come out of a rebrand with a stronger brand aesthetic and a sharpened identity. If your company doesn’t have clear objectives, values, strategies, or a general long-term vision, a rebrand can force you to consider these important tent poles and you’ll have to restructure accordingly. Not only will this structural clarity help your employees to sell your services and work in a more efficient manner, but it will also help managers improve day-to-day operations, hire the right people, and manage their teams more effectively. When business decisions can be connected to a company's tentpole, the company's integrity can remain intact.
At Fox and Forth, we understand that rebranding can be an overwhelming task, especially if you’re unfamiliar with the ins and outs of how to let people know about your brand changes. That’s why our branding experts are here to help you every step of the way! If your business is ready for a rebrand, get in touch with our team today to get started.