D2 Artikkeli ammatillisessa kokoomateoksessa
Rebranding
Tekijät: Hakala Ulla
Toimittaja: Podnar Klement
Kustantaja: Edward Elgar Publishing
Kustannuspaikka: Cheltenham
Julkaisuvuosi: 2024
Kokoomateoksen nimi: Elgar Encyclopedia of Corporate Communication
Sarjan nimi: Elgar Encyclopedias in Business and Management series
Aloitussivu: 154
Lopetussivu: 159
ISBN: 978-1-80220-086-7
eISBN: 978-1-80220-087-4
DOI: https://doi.org/10.4337/9781802200874.ch24
Verkko-osoite: https://www.elgaronline.com/view/book/9781802200874/ch24.xml
Rebranding - the combination of re and branding - denotes a branding event performed anew, that is, a change between an initially formulated brand and a new formulation. Building a successful brand is a long-term process; hence, any change can invalidate years of effort but can also transfer or create new brand equity. A change of name usually symbolizes a major, identifiable change, and in the literature, the name change variable is used as an identifier for rebranding. The concept is often narrowly used and termed renaming. Successful rebranding involves overhauling a company’s goals, mission, and culture, not just changing the name or logo. A decision to rebrand is often provoked by structural changes, particularly mergers and acquisitions. Other drivers include a change in the corporate strategy, a change in the external environment, and a change in the competitive position. Whatever the cause and scale, rebranding must be managed holistically and supported by all stakeholders, with particular attention given to employees’ reactions.