Branding 101 tells you to develop your brand through repetition, consistency, and fulfillment. But markets change: New competitors arrive, customer expectations change, your company's strategy can change. So you may want to change your branding at some point, and it is likely that you will have to change your brand eventually.
How do you know when it is appropriate to change your brand? How do you change it without alienating old customers? Why should you change your branding? Why should you keep it the same?
When to Change Your Brand
Your brand represents a message that you craft, with some value proposition that you make to the customer. Consistency is important for several reasons: You want the audience to memorize the message, you want a consistent reputation, and you want to build longevity and market share.
But when your message fails to connect with your audience, it may be time for a change. Typical disconnects include:
There is no recognition.
There is unexpected recognition.
There is a market shift.
When Not to Change Your Brand ?
There is new management.
There is mergers and acquisitions.
It has a dated, aged look.