02 Jun
New Beginnings: 5 Signs Your Company Needs a Rebrand
There are over 30 million small businesses in the United States. With such a heavily saturated market, it is easy for a business to stagnate and lose its direction.
If your business is in this position, it can feel disheartening and confusing, but you should know that help is on hand. That help comes in the form of a rebrand that can help reinvigorate your business instantly.
Here are five signs that your company needs rebranding.
1. Changing Market
Whatever market you're in doesn't exist in a vacuum. It is just as liable and exposed to change as all other facets of modern life. If you feel your industry is changing in ways and that you can't keep up, then it's prime time for a rebrand.
Rebrands can't do all the leg work of catching up to your competitors for you, but it can get you well on the way to getting up to speed.
2. You Want a New Demographic
Sometimes your business just needs a change of direction. If you want to attract bigger clients or find a new type of person to appeal to, then a rebrand can get the job done for you.
If this is your reason for wanting a company rebrand, then it's vital that you take some time to conduct some new market research and see if there's a new niche that you can exploit.
3. Mergers or Aquisitions
If your company is going through a merger or an acquisition, or you know that it's going to be, then it's the perfect time to rebrand. Your business is moving into a new chapter with the merger, and so your brand image should reflect that.
Mergers can bring a lot of potentially conflicting elements together, so a rebrand helps to align them all with each other and create a sense of consistency throughout the business.
4. Your Vision Has Changed
Companies grow and evolve all the time. It may be that the vision or mission that you had at the beginning of your business journey just isn't what you're trying to achieve now.
It's easy to feel lost and confused if the vision for your business has changed, so an effective rebrand can help bring a sense of clarity to proceedings.
5. You're Not Standing Out
There's a chance that your niche is just a bit oversaturated. It can be hard to stand out in this scenario and you might be worried that your business is looking too similar to your competitors.
A rebrand will help you find your own unique identity so that you can begin to rise above the crowd in your market and start making new leads. Standing out can be hard, so there's no shame in admitting that you need a little bit of help to sort your brand out.
Start Your Rebrand Today
If any of the points listed above sound familiar to you, then it could well be time for you to think about a rebrand. Rebranding can be confusing if you don't know what you're doing, so let the experts handle it.
Speak to us today to see how we can help you refresh your brand image and get your business back on track.