Thursday, July 27, 2023

 REASON BEHIND RE-BRANDING


  • In recent months, many brands like Pepsi, Fanta, Yes Bank, Nippo, LG and Twitter have changed their logo to refresh their identity and adapting to stay in modern marketing environment.

  • Re-branding is a marketing tactic that involves changing an existing brand's name , concept or design.

  • The goal of a makeover is to make the brand appear so young and vibrant that it transforms its reputation and helps it to win back investor's and the target market's trust and attention.
  • Generally companies go for change in their logo for:
  1. Company Merger
  2. When the old logo looks outdated
  3. Change in the company's priorities and values
  4. To make it more recognizable

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