There comes a time in the lifecycle of any company or organization in which it needs to go through a rebrand in order to evolve. A lot of people think that getting a rebrand is just about getting a new logo or changing your colors but this is a huge misconception and it is the reason why a lot of rebrands fail. Getting a rebrand is more about taking some time to rethink your brand, your industry and where things are heading. It is how your brand is able to evolve and adapt to changes while seizing opportunities. It is about transformation. It is about exploring new markets. It is about re-envisioning your industry and the role that your brand plays in the hearts and lives of consumers.
A well-executed rebrand can completely transform not only your company but your entire industry as a whole. In this article, we will explore 5 of the most successful rebrands from the past along with some lessons that you can learn from them. But first we need to understand what makes a rebrand successful.
What Makes A Rebrand Successful?
- A Clear Objective: In order for a rebrand to be successful it needs to have a clearly defined objective. What is the goal of the rebrand? What are you hoping to accomplish as a company or organization? It needs to align with your business objectives and solve business challenges. Avoid just getting a rebrand for fun or else it will fail.
- In-Depth Research & Strategy: Secondly, a successful rebrand needs to have a well-developed and executed strategy. It has to involve enough research to gain a much deeper understanding of how the world is changing and how your industry is changing. Most importantly, all successful rebrands are done through a much deeper understanding of consumer perceptions and behaviors to understand how they perceive the current brand. Through research into the market, you can avoid traps and identify opportunities. There has to be a new positioning and direction where the brand is heading. Feel free to click here to learn more about brand positioning.
- A New Visual Direction or Messaging: Thirdly, a rebrand needs to lead to a new visual direction, messaging strategy or narrative to reflect the change and how the company is evolving. This is usually what people associate with rebrands but a successful rebrand does not always have to include changing the logo or colors. It can also be a new vision or mission, a new campaign or even a new retail environment to reflect the change.
- Meaningful Impact: A rebrand also needs to have a successful outcome that can be measured. What happened as a result of the rebrand? It shouldn’t just be that people liked the logo. There has to be a meaningful impact. Did it improve performance within your company and align your stakeholders? Did it create buzz and build anticipation on the internet? Did it lead to an increase in marketshare and consumer preference for your offers? All these things need to be measured in order to clarify the impact of your rebrand.
5 Examples of Successful Rebrands to Learn From
1.) CVS Health
Around 2016, CVS partnered with Siegel + Gale to develop and execute a rebranding initiative. Research showed that they were widely perceived to be just a convenience store and they wanted to be perceived as a more innovative pharmacy that is shaping the future of healthcare from an enterprise level.
CVS Caremark Corp. needed to reinvent itself as CVS Health to reflect the new direction and core purpose of helping people on the path to better health. CVS was also becoming the first pharmacy to remove tobacco from its stores and this was a bold move that further reflected the new direction that the company was taking.
CVS worked with Siegel + Gale to develop strategies that align with the new purpose and vision. This also included brand architecture refinement and the development of a new brand narrative of Leading with heart which served as a core theme that would run through all communications. This rebranding initiative led to the simple but memorable new tagline that Health is everything, along with a new visual language that reflects the new direction that the brand is taking.
The new visual identity combines pre-existing brand elements with new elements that reflect the new strategic vision. The new iconic CVS Heart is bold, universally understood, dynamic, and flexible in application. It reflects the brand’s new purpose and helps to position the brand as a leader in a rapidly-changing industry. A set of icons and a library of illustrations were also developed to further enhance the brand’s visual expression.
The Result
As a result, the new brand strategy helped to drive future business initiatives such as the acquisition of Aetna and Target’s pharmacy. The rebrand helped to strengthen the brand image and attract a lot of positive press and media attention. After the rebrand, they also saw a 22% increase in pharmacy sales revenue.
Lessons to Learn: All successful rebrands for well-established businesses must begin with research to understand the current perception of the organization. Rebrands must always be aligned with business initiatives. Also, by being the first to do something, you can position your brand as a leader.
2.) Hootsuite
In the world of SAAS, Hootsuite is the first social media management platform with over a billion users around the globe but over time the niche has expanded and become overcrowded with competition. As the leading provider of social media management, Hootsuite needed to rebrand to reassert its leadership position while expanding into new capabilities and offerings. so they decided to partner with Prophet Consulting on a rebranding initiative.
After a thorough research and analysis, they were able to identify new opportunities for Hootsuite to differentiate its messaging and clarify its positioning. A new purpose for the company was developed that revolves around leveraging the power of social to uplift and ignite both brands and businesses. new value propositions were also developed to communicate their new capabilities and offerings. A new slogan of Your Guide to the Wild was also developed. It communicates how social media can be overwhelming but Hootsuite is your guide through the digital jungle. The fresh new visual direction and verbal identity helped the brand to further stand out in all communications. The new brand character “Owly” was also developed to give the brand a more dynamic identity that is friendlier and more playful.
The Result
As a result, the rebrand helped to align and revive the internal team and stakeholders. It attracted a lot of publicity that resulted in over 94 million impressions and 1.7 million prospects within 60 days of the brand relaunch.
Lessons to Learn: A rebrand is also a cross-functional initiative. It should help to revive internal teams and stakeholders, while creating buzz among external audiences. The rebrand should also amplify the personality traits that consumers love most about the brand.
3.) Uber
Uber was launched in 2009 as just a Silicon Valley ridesharing company but over the years it needed to evolve into a platform for global mobility with a more global outlook. They were also looking to expand into other forms of transportation like food delivery with Uber Eats. Their current brand did not allow them to scale globally. A lot of people did not understand what their old symbol was and it was often ridiculed on the internet. Their toxic corporate culture also contributed to painting a negative image of the brand and their were losing market share to Lyft and other similar competitors.
Uber actually first tried rebranding in 2016 with an in-house team and a more localized visual direction to target diverse cultures in different geographies. After the CEO resigned and was replaced, Uber partnered with Wolff Olins on another rebranding initiative to address the challenges that the brand faced while reflecting the change in leadership that was taking place within the company.
A new strategy was developed that transitioned Uber from a ridesharing app to a global mobility platform with a focus on people. A new mission statement was developed that We ignite opportunity by setting the world in motion. This new statement is bolder, clearer and easier to remember.
A more holistic brand system was developed to allow them to communicate at a global scale to diverse markets without being overly complex. The new direction is simple but universal and flexible but consistent. They replaced their old ambiguous symbol with a more recognizable wordmark. Another successful aspect of their rebrand was the app redesign in which the entire user experience was revamped with a more seamless navigation.
The Result
As a result of this initiative, Uber was well-positioned to expand their geographic footprint and make a greater impact around the globe. Since their 2018 rebrand, Uber’s brand value went up by 51% and they eventually went IPO in 2019 at $82 billion USD.
Lessons to Learn: The most successful rebrands are focused on “the people” instead of “the profits.” Your rebrand should also be done with a long-term perspective to also allow you to easily expand into new offers, categories and niches in the future.
4.) AirBnB
AirBnB is an online marketplace for people to discover, list, and book temporary accommodations around the world. It was founded in 2008 but since then the founders believed that the brand had a lot of potential that wasn’t being tapped into. They wanted AirBnB to mean more than just an alternative to a hotel or motel. It needed to be about more than just a place to stay. It was time to evolve their brand.
Research revealed that what customers loved the most about AirBnB was the sense of global community and belonging that they felt. This was a key differentiator so the rebrand needed to reflect this. The rebrand included a new positioning, visual direction, website revamp and digital experience. At the core of their new brand was the idea of Belong Anywhere and it was now all about “people” rather than just places. This new narrative focuses on people and the sense of belonging that is shared.
The visual direction was developed by DesignStudio, a london based branding and design agency. They got rid of the cold blue tones and replaced it with a warmer and brighter color scheme. The visual direction combines AirBnB with the concepts of people, love, and places and introduced the Bélo symbol that we know and recognize today. It incorporates an abstract location marker with a person, a heart, and the letter “A” for AirBnB.
One key to the success of their new visual identity was the amount of semiotic research that was done to find out how the logo will be perceived across diverse cultures around the globe. Brian Chesky, the founder of AirBnB, hopes that in the future, the logo can be recognized as a universal symbol for sharing. The logo is dynamic, flexible and memorable. They also allow customers to customize the logo to fit their own personal taste. DesignStudio also partnered with AirBnB to further develop their digital experiences to resonate with diverse cultures across the globe.
The Result
As a result, the new strategy helped to further differentiate the brand and AirBnB achieved global recognition. It propelled their company valuation to $29 billion above their competitors in less than 4 years. The new visual identity also went viral on social media and won several awards.
Lessons to Learn: A rebrand should always enhance the attributes and themes that customers already love the most and associate with your brand. Also, If your brand is expanding globally then there needs to be enough research to understand how it will be perceived across diverse cultures.
5.) Starbucks
Last but not least, we have to recognize how the Starbucks brand has evolved over the years. Starbucks was originally founded in 1971 in Seattle as a small retailer for buying cheap coffee beans, equipment and spices. It was just a regular local shop making steady income at that point. The catalyst for the Starbucks rebrand and transformation was Howard Schultz who was a coffee enthusiast with his own company called Il Giornale but he had a bigger vision for Starbucks. This vision will eventually evolve Starbucks from a local shop into the global brand that will transform the coffee industry.
One interesting thing about the Starbucks rebrand was that a lot of people did not believe it will work. At that time, no one believed that Americans will line up to pay $3 or more for a cup of coffee every morning. Howard Schultz also seemed to have a decent understanding of not just business strategy but branding as well. Howard wanted to rebrand Starbucks from a retailer where cheap coffee products are sold to a third-space experience between home and work with a focus on community. At first the founders did not agree with Howard’s vision but he eventually aquired it in 1987 and merged it with Il Giornale, his own coffee brand. This rebrand shifted the focus to the “customer experience” of the store environment and the sense of community that people associate with Starbucks today.
This is the period in which the Starbucks logo that you recognize began to take shape. It was designed around 1971 by a graphic designer named Terry Heckler. They removed the tea and spices from the old logo because the new focus was now on coffee and the experience that is created around it. They also removed the unneccessary details from the old logo and redesigned it to look more modern while preserving brand recognition. The new Starbucks green is much brighter compared to the old vintage logo. Over time it was further developed in 1992 and in 2011 into the logo that is loved and recognized today. They also launched their MyStarbucks App in 2009 with a more seamless and personalized experience which led to a further increase in sales and retention.
The Result
This rebrand(or rebrands) shaped Starbucks into what it is today so that is what makes everything so iconic. After the initial rebrand, Starbucks had won the backing of investors and was now set to rapidly expand across the globe.
Lessons to Learn: Sometimes it is good to go with your gut. Even though it did not seem like it will work, Howard still kept pushing through to bring his vision to life. Secondly, A rebrand should always preserve the attributes and equity that customers already recognize and love. Although, Starbucks completely rebranded, they still preserved the name and brand character that people already recognized and they built their brand off the equity that was already established instead of starting from scratch.
Final thoughts..
In conclusion, A rebrand is not just about changing the logo, it is more about transforming your brand or your industry in a rapidly changing world. It is driven by a combination of strategic objectives and creative ideas but it takes boldness to be willing to explore a new direction for your brand. Some examples of successful rebrands were CVS, Hootsuite, Uber, AirBnB, and Starbucks. These brands have successfully made a meaningful impact and your brand can do so as well. If you found this article informative then you may also be interested in a previous one on 5 rebranding mistakes to learn from. Please don’t forget to share or leave a comment to let us know your thoughts.
