Re-branding – Top 5 Mistakes to Avoid

So your business made it off the ground, you’re generating revenue, but you’ve hit a roadblock with your growth and revenue. Perhaps it’s too niche or misleading, or tied to a geographic location – what to do? Re-branding your company requires careful consideration and planning in order to achieve a successful outcome and take your business to the next level. But this also involves a lot of risks.

Be aware of all the risks of re-branding before you start the process. As a marketer I know how quickly you can get caught up in design and other issues, just don’t let it get you! Re-branding is more than changing a logo or adding bolder images. It is also about researching and understanding the consumer, analyzing changes in target markets when exploring opportunities for brand expansion and repositioning.

Yet, even when forewarned, many still make some common mistakes. Here are the top 5 mistakes to avoid:

  1. Re-branding without research
    Put money and time into researching the consumer’s perspective on the product or service. What do (don’t) they like, what attracts them etc.
  2. Wrong assumption “A brand is just a logo”
    Your brand is more that just a logo. A brand integrates all aspects of your business; everything from look,  feel, culture, tone, voice, product quality, customer care…  leading to consumer perception.
  3. Getting started without a plan
    Make sure you have a plan from start to finish. From research and analysis to setting up time frames,  to identifying metrics for assessing results (ROI).
  4. Not leveraging existing brand equity
    A company with high brand equity may not need to undergo a big transformation… or rather, shouldn’t need to go through a huge transformation. When you have a strong brand equity… tread softly and lightly. However you do it, make sure the current brand equity stays strong!
  5. Getting buy in internally prior to external.
    Getting employees to understand the reason and goal of re-branding is very important because they will have to sell it to the consumers. This is equally more important in lieu of social media. Internal branding is increasingly important as each employee is a brand ambassador. In short, if they don’t believe it, neither will the consumer.

Going through a re-branding is and can be very challenging. It’s not so much setting the goal, but reaching it successfully. Having gone through a major re-branding I can only say that walking the talk is monumentally important. The re-branding that I was involved in failed miserably on convincing internal people that the change was necessary. The bigger the company, the more time is needed to make sure everyone is informed and all understand why there needs to be a change.  If they understand, they will be able to explain it to the consumer. If you believe it, you will show it!

A successful re-branding requires a vision that inspires consumers, investors and others to see the company in a new light. We can learn from other companies who have gone through re-branding. This could be a successful re-brand or even a failure, if we learn from them we will not make the same mistake. Check out the 10 most successful re-branding campaigns ever. This article not only shows how they did it, it also let us know the lesson to be learned. Very interesting!

Building Business Relationships… One Birthday at a Time

I will start this post by saying that this is not a jab at technology nor is it a rant on how business is being conducted today. Promise! Over the last 5 years the way business is being conducted has changed significantly, placing a strain on business relationships. Technology has made business accelerate at warp speed… resulting in many of us being strapped for time,  overwhelmed and at wit’s end on how to meet expectations.  We now have less time available for face-to-face meetings with clients and our vendor/partners.  As emails have become the preferred way of business communications, phone calls are a thing of the past!  I’m sure you’ll agree that calling anyone that actually picks up the phone, let alone a prospective client is like winning the lottery!

However, regardless of how the day-to-day business is being managed, ultimately relationships and the building of them is the key to any successful business. Through the years we at 3H, have noticed that quality time spent with clients is at a premium; it has increasingly become more difficult to get our clients  and potential clients out for lunch, coffee or even a drink after work.  That left  us with the challenge of  how to nurture and cultivate our relationships with our clients and even some potential clients.

Our approach was really a simply one, and one that was very natural – at least for me. You see I love birthdays. Actually, I love celebrating birthdays (I must admit I love celebrating my birthday most of all!).  So every year for the last few years, an annual mandate for the 3H creative and design team is to develop, create and design a birthday card theme that would be carried throughout the year. These cards never go unnoticed. In fact, many who are on the receiving end of our birthday cards are quite touched by the thoughtfulness and are surprised that we remembered them on their birthday.

The irony doesn’t escape me either! A birthday card sent by mail is really a very traditional and low tech approach in business relationship building…. but I must say, it has garnered strong relationships for us. It has been the perfect blend of marketing, design and sales! The cards are all created and designed by the 3H creative team, allowing us to showcase our design and conceptual services. Our  cards, of course, are very branded –  all are purple and titanium. This not only builds the recognition of the 3H brand… it also illustrates to clients that we are effective brand builders.

Some of the concepts we’ve tackled were: Colorology, Destiny Number, Name Letter Profile, Birth Date numerology.   Last year the 3H birthday card featured the Celtic Leaf Profile. The cards we send out are all created and designed by the 3H creative team. Each card is personalized. You can see these on our Pinterest Birthday Board. Feel free to download them and read about your Celtic Leaf Profile. It’s really quite accurate!

I’ll like to end this post by another heartfelt, low-tech message: Happy Holidays to one and all!