When Is The Right Time for a Logo Redesign?

2012 could be seen as The Year of Logo Redesign with some of the world’s largest brands taking a fresh approach to their corporate logos. From simplified updates of existing logos to completely new designs, the last few months has seen brand design success and fails from well-known global brands.

 

The evolution of brand logos is far from a new phenomenon and brands such as Coca Cola can track the transformation of their current logo over nearly 100 years. Latest trends in brand logo strategies however show that logo updates signify far more than an evolution in design-over-time.

 

 Coca Cola Logo Evolution

 

 

4 Reasons Why Your Brand Logo May Need A Redesign or Update?

 

Logos are the corporate face of the brand. The logo in itself is not the brand but it acts as the visual hook reminding customers about what the company stands for, its brand personality and values. It is the glue that binds all the brand information together. With the brand’s visual corporate identity at stake a logo change is no small matter. But how do you know when a logo redesign is necessary?

 

1. Change in Company Structure

There are often obvious reasons behind logo redesigns. Mergers, acquisitions or company spin-offs often necessitate a new logo that symbolizes the new company.

 

2. Audience Misperceptions

Sometimes there may be misperceptions and confusion among key audiences about what the brand represents. Powerful brands are ones that have strong values, with an authentic story, which are clearly understood and lived both internally and externally amongst stakeholders and customers alike. If the brand values and story no longer resonates with the target audience or, customer brand experiences differ from the brand promise, then a logo redesign as part of a complete brand revitalization programme, repositioning and re-launch strategy can help realign the brand with the customer and their brand expectations.

 

 Ebay Logo Old New

 

3. Shift in Corporate Strategy

If your company is expanding its offering, such new products, new features etc. then an updated logo can signal the brands evolution and change in the marketplace. Ebay recently launched their refreshed logo to reflect the company’s plans to shift their corporate strategy away from auctions and move towards full-priced merchandise. The new logo keeps the colours of the original logo but changes the letters and streamlines the design to reflect the new direction of the brand.

 

 Band Aid Logo Old New

  

4. Update of old design

Brands that have been around a long time with a extensive legacy often require a careful evolutionary logo refresh to remain relevant in the market without losing any of the much valued old brand provenance. Johnson & Johnsons’ BAND-AID brand has been in existence since the 1920s and, prior to its latest update, the logo had remained the same since the 1980s. Their latest bolder, more distinctive logo was deemed necessary to create something that feels contemporary and modern yet honours the heritage of the brand.

 

 Budweiser Brand Evolution

 

Budweiser has again refreshed its logo. It is hoped the re-evaluation of their brand strategy together with its visual refreshment, which emphasizes the colour red and reflects their ‘continued commitment to quality’, will reverse reduced consumer interest in the brand. Critically the brand’s updated look incorporates the core brand hallmarks that loyal brand followers will recognize.

 

 Twitter Logo Old New

 

Earlier this year Twitter launched their revitalised logo. While still a relatively young brand, the company saw a need to simplify and streamline the iconic blue bird. The new logo is created from three overlapping circles, which according to Twitter head of design is “similar to how your networks, interests & ideas connect and intersect with peers and friends”. The new logo reinforces the brand identity with the customer and strengthens the consistency of the brand image online.

 

 

  

In contrast Microsoft launched their new logo design, which is the first time the brand has updated their logo in a quarter of a century. The new design was created to attract and embrace a younger broader demographic to the brand.

  

 

 

The Potential Risks

 

While logo updates are often necessary to remain relevant in the market it is critically important not to damage any brand equity developed over previous years. The last thing logo refreshment should do is to alienate or confuse loyal customers.

 

 Jc Penny Logo Confusion

 

American retail brand JCPenney has redesigned their logo three times in as many years. The changes were designed to coincide with the brand’s repositioning strategy but have left many customers confused as to what the brand stands for and its identity.

 

 New Old Gap Logo

  

Retail giant Gap suffered one of the biggest logo redesign disasters in decades when they launched a completely new logo last year. The brand made a fatal flaw when they failed to research and explore the influence of the logo on their customer base. The new logo received major criticism from both loyal customers and design critics alike, who slated the company for changing the brand’s iconic blue square.

 

While the brand’s desire to modernize the logo for the digital world was understandable, they missed an critical opportunity to engage with their customers and the online community in the redesign of the logo.

 Maguire   Paterson Old New Logo 2008

  

Brands need to constantly manage their engagement, reputation and image in the market in order to remain relevant with their customers. Sometimes it is small updates to the logo, as was the case with the old Maguire & Paterson Matches brand, dating from 1882, that can breathe new life into a brand and update it for the current market to keep it relevant and take it into the future.

 

• Is your brand still relevant and resonating effectively with your target audience or in need of revitalization for continued growth?

 

• Does your current logo meet the needs of both your brand and your target market?

 

• Have you undertaken recent research to identify your customer’s perceptions of your brand?

 

If you’d like to find out more about what’s involved in a Brand Revitalisation and Re-launch Programme, and if it’s the right strategy to support your business growth, then feel free to give us a call. We’d love to talk.

 

7 Steps to Branding Your Way Out of Recession and Into Profitable Growth

There are few companies in existence that have not felt the affects of the current recession impacting on their business and profit margins. As many of us know, uneasiness in the market fostered by fears of job losses and reduction in wages has consumer spending at an all time low.

 

Many business leaders feeling the pressure on their profit margins often react by applying cuts to their budgets, with marketing spend often first on the chopping block.

 

Brands Busting Recession

 

However, as history has shown us, savvy business leaders can recognize that cuts to budget spend alone are not the answer and that changes in the market demand adaptation to current marketing practices.

 

Recessions create huge challenges to businesses but why try and weather the storm when the opportunity exists to capitalize on your brand equity to strengthen your market position, and even develop profitable growth.

    

Opportunity Everywhere Crop

  

 

7 Steps to Brand your Way out of Recession

 

1. Adapt Your Brand to Customer Needs and Wants

How have consumers lives been changed by the recession? How have their needs changed? Your brand needs to be managed in a way that adjusts its marketing strategy to meet these changing consumer patterns. Revamp your brand packaging to be more relevant or user friendly, develop and up-sell new service products; analyze the new needs of the market and adjust your brand accordingly.

 

 

2. Brand Your Way to Market Growth

“You can’t save your way out of a recession – you have to invest your way out. You can’t just invest in the good times and then forget about them in the bad times and hope to get any results” Craig Barrett. Chairperson Intel  

 

A reduction in branding investment will have a knock on effect on the entire business. Reduced visibility or weakened brand equity leads to a reduction in demand leading to negative effects on profitability.

 

History has shown us that brands that increased or even maintained their investment in the brand during a recession actually saw an increase in marketing share. If your competitors are making cuts to their marketing budget than by maintaining your spend you are gaining an instant competitive edge.  

  

 

3. Review and Remove

Review and analyze your current brand activity. Cuts to marketing budgets without focused brand strategy have detrimental effects on the overall profitably of a company.

 

However, removing any lower value marketing costs can actually improve efficiency and effectiveness of your brand strategy. Being more selective in where and how you market your brand can actually bolster profitability. Track the ROI of brand investment and re-allocated funds to marketing activities to monitor what results in increased revenue for your business.

 

Brand Power 

  

4. Maintain Consumer Brand Relationships

During a recession remember your current customers. Experts agree there is no better time to focus on clients who are brand advocates. It is far cheaper to keep current customers than to attract new ones. Your current customers understand your brand. They have an affinity with it.

 

 

5. Increase Consumer Confidence

Reduction in sales corresponds to increases in consumer wariness. With cuts to wages and uncertainty in their future, consumers have become increasingly cautious in their spending habits.

  

Now is the time to use the strength of your brand to reassure customers. Convince your customers that they are making the right decision by purchasing your brand. Investing in building strong brand equity can lead to increased sales with customers developing a clear understanding as to the value of your brand. This information gives them the confidence they need to make the decision to purchase.

 

  

6. Remember Your Brand Values

Focusing on brand values can refocus the business itself and reignite the passion that drove the business in its early years. In a time where the negatives of the recession weigh heavy on consumer’s minds, being faced with a brand that is driven by passion, determination, inspiration, with clear values and purpose will stand out in the market and can inspire sales.

  

 

7. Customer Added Value

Consumer needs change in a recession. Purchasing decisions are often based less on convenience and more on price and value. Adding perceived value to a customer is far easier and has less of a direct affect on profitability than changing pricing structures.

Wow your clients at the various brand touch points and they feel they are getting more for their money than competing brands. Contribute good will, service during hard times and develop customer loyalty that will be stronger than ever when recession ends.

  

Brand Growth 

   

Abraham Lincoln once said “Give me six hours to cut down a three and I will spend the first four sharpening the axe”. Business leaders need to start sharpening their marketing practices, not cut them.

 

 

• Have you analyzed the changes to your market?

 

• How have you adapted your brand strategy to changing consumer needs?

 

• Can you streamline your branding to get a better return on investment?

 

What have you been doing to brand your way out of the recession? Leave a comment or drop us a line. We’d love to hear your success stories.

  

Good & Murray Smith Solicitors Relaunch Their Long Established Brand

Good & Murray Smith Solicitors, a long established niche litigation practice based in Dublin have relaunched their brand to market both on and offline.

 

Goodmurraysmith Website

 

Established in 1895, the firm has an enduring reputation, highly regarded for both its expertise and experience. They service clients in both the Irish and overseas markets with acclaimed success. To find out more visit their new web site http://www.goodmurraysmith.ie

15 Reasons Why You Need a Brand Audit to Increase Your Revenue

Fact: Strong brands make more money, are more profitable and increase company value. They enable you to command a premium, ensure customer preference in buying decisions and build customer loyalty which reduces cost of sales and fends off competition

 

If your profits are falling and sales are not performing a “Brand Audit” will help give you insights into your brand’s impact and performance in the marketplace and, most importantly, why it’s not delivering.  

 

Fact: All brands, global or national or regional, need a health check. Brands are like living entities with life cycles. They start with much excitement and promise, grow and then eventually plateau. 

 

It’s at this mature stage of evolvement, when they potentially start to loose relevance as the market evolves and customers move on to the latest hot new thing, that you need to conduct a Brand Audit. 

 

A Brand Audit helps you monitor this cycle so you keep your brand fresh and relevant and know when to reinvigorate or revitalise before sales start to slip.

 

Brand Audit Team

 

Need some more reasons to use a Brand Audit to increase your bottom line ? Here’s 15 more to chew on . . .

 

1. Use it to grow your bottom line, your money’s in your brand. 

    N.B.: Products can be copied, brands can’t.

2. Get clarity with your marketing activities and step up a gear.

3. Know what your core customers think of your brand NOW and re-evaluate.

4. Create sharp focus in your bullseye customers mind.

5. Revitalise with multi-channel emotional connections with your customers.

6. Re-energise what your brand stands for and make it hit home.

7. Leverage it to be seen as an innovative trail blazer and increase your visability.

8. Get distinct and memorable competitive advantage.

9. Attract and develop more effective raving brand advocates.

10. Enhance your brand credibility and generate more buzz.

11. Differentiate your brand more strongly to become a money making magnet.

12. Enhance your internal sense of proud brand ownership with both the board and employees. It massively impacts on how everybody engages and interacts with the brand and your customers.

13. Leverage growth by using external professional validation

14. Discover new ideas, insights, tactics and strategies for your brand.

15. Get an outside experts point of view. You are too close to your brand and invariably can’t see your own brand shortcomings to address the problems objectively.

 

Brand Audit Girl

 

These are just some reasons to engage in a Brand Audit. Do you really know how your brand is performing and where it could be improved ?

 

Is it coasting along but in need of re-evaluation before the competition catches up ? Or is it disconnected, out of touch, caught up in price discounting and endless promotions with a shrinking market and failing sales that will ultimately put you out of business ?


Now is the time for an audit to reinvigorate your brand to stay on top or, more critically, provide a life saver to identify and address the problem areas so you can turn things around and grow your bottom line

 

Phone Icon Purple

 

To find out more about what’s involved in our proprietary brand audit process, and how you can use our Persona Brand Audit to greatly increase your performance, drop us a line or give us call today. 

We’re here to help you address your brand challenges and support you in growing your business/brand.

T: +353 1 8322724

E: [email protected]

 

Brand Audit Magnifyer

New Lash Emporium Launch to Market !

Exciting news for all you beauty aficionados, The Lash Emporium has launched to market with an exclusive range of easy to apply, long lasting, handmade lashes in their newly revamped lash packaging.

 

Lash Emporium New Packs 

 

With true commitment to market research the girls have all tried them out extensively and are now, needless to say, complete brand advocates ! 

 

With over 40 different sorts to choose from they’re selling like hot cakes. You’ll find them in your nearest Avoca Store, beauty salons and select pharmacies !

Tilley’s Confectionery brand revamp award!

Tilley’s Confectionery brand revamp and new packaging won the day with Design&Design.

Tilleys Range 600px

Read the Case Study here

Persona Design Wins for McConnells Gourment Smoked Foods

McConnells Gourment Smoked Foods brand revamp and new packaging won in the IDI Best Packaging Design Awards as a Commended Finalist.

Mcconnells Gourmet Smoked

Read the Case Study here