I. Introduction
Rebranding is omnipresent in branding practice for marketers to accomplish such goals. It has drawn deep attention and interest among the business practitioners together with academic researchers (Gregory, 1999 & Wu, 2010). There are a handful of examples of big corporations rebranding themselves, from luxury brands such as Harley-Davidson which turn from almost went bankrupt to the most reliable motorcycle brand; to Google who hold 68.75 percent of the global search engine pie, which has renamed itself after BackRub in 1996 (Aquino, 2011).
Rebranding also been applied by Uber, taxi hailing app with one tap and a car comes directly to consumers. It began from Travis Kalanick, Uber’s CEO, who came up with brilliant idea; tap
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Uber is aiming to have unique designs for cities as well as countries for their long term goal (Kalanick, 2016).
It did not take long time for experts and online users to criticize new Uber in-house logo which has done by Travis Kalanick and Shalin Amin; one of the designers who is working at Uber. Travis refused to trust the rebranding to anybody else since he argued company logo is a personal matter. Several headings in online presences are filled with confusions and negative statements. News from Daily Mail (Prigg & Liberatore, 2016) mentioned, Twitter users expressed confusion why Uber had made a change ‘for changes sake’. In addition, Financial Times publishes an article which states Uber’s rebranding suggest arrogance and inconsistency (Hill, 2016). More surprisingly, Uber’s head of design decided to leave following this radical rebranding. By modifying visual brand elements as colour and logo, marketers intend to create new brand associations. The results, nevertheless, are vary. In fact, the failure rate is higher contrasted to the successes (Causon, 2004; Stuart & Muzellec, 2004).
While many experts claim that consumer confusion are result of brand similarity (Loken et al., 1986; Foxman, 1990; 1992; Kapferer, 1995), information overload and misleading information (Russo, 1974; Summers, 1974; Wilkie, 1974; Scammon, 1977; Jacoby, 1984; Malhotra, 1984a & b), the concept of rebranding has largely been ignored.
Catherine, W., Tat Pui, L. and Henrik, U. (2011) The Roles of Branding for a Brand Entering
Klein’s last paragraph in the essay continues to provide readers with more information and support. She uses more anecdotal examples to further the audience’s familiarity with the concept of branding. Klein speaks on the issue of the brand being dead and how virtually nothing is left unbranded (Klein 778). This gives readers a nice gateway into exploring more about the concepts of branding and
A brand is an organisation, product or service which has created an emotional connection with their consumers in order for them to favour their brand over their competitors. It is incredibly important for brands to keep up their image and one little thing could change the global perception of a business. It takes a lot to maintain a brand image that has been built up over a long period of time and even more to regain it if that reputation is lost. Brands are created through various different aspects such as their visuals, tone of voice, advertising, actions and reputation. The combination of these will leave their consumers with long lasting emotions and perceptions of a particular brand and will effect whether they support a business or not and whether they would favour or avoid it. When a brand looses their image it can cost a lot of money and time to rebrand to prevent complete failure of the product or service.
The features that this product had are a wide range of bright and dull colours (red, orange, blue, yellow, white, black, grey, purple, green).The benefits this product has are they have strong, long lasting material and the retail price of these shoes is moderately cheap. There is also a wide range of designs you could choose from such as King Dimes, King Player and King MVPs. These shoes could be used for running, walking, cycling also it can be used for lots of sports including Tennis, Basketball (from the basketball collection) The main materials on this product include leather, water proof laces and outside shoe material, metal lace tips so that the laces don’t split this is good for extra durability. Also this product has a wide range of shoe sizes ranging from 3-12 so that all ages groups can buy this shoe and all genders can as well. These shoes have a special material which allows you to clean them much easier than the other shoes on the market. Use can get rid of grass, mud and marks use just a wet towel. This shoe also has 3 different types of quality shoe so it suits everyone’s budgets the lowest quality lasts about 5-8 months and use can them repaired for a cheap price these are usually costing £10-20. The second quality shoe is better than the first because the shoe has better material and water proofing these shoe last about 1-2 years and they cost about £50-80. Lastly the best quality is the leather integrated
Branding is a tool to make the goods of one producer different from another producer (Keller, 2003). Carroll (2008) asserts that branding is a sign of quality, and it is helpful to increase
Published: April 23, 2012 Author: Carmen Nobel Upgrades to existing product lines make up a huge part of corporate research and development activity, and with every upgrade comes the decision of how to brand it. Harvard Business School marketing professors John T. Gourville and Elie Ofek teamed up with London Business School 's Marco Bertini to suss out the best practices for naming next-generation products. Key concepts include: • Companies often take one of two tacks in naming a next-generation product—the sequential naming approach or the complete name change approach. • Experimental research showed that each naming approach affects customer expectations. With a name change,
From small businesses to large corporations, updating your company brand is a big project. Whether you've actively controlled your brand message or it has developed organically – virtually or through consistent consumer interpretation – predicting how your update will be received, and impact sales, can be more mysticism than science. Even companies with the deepest pockets have learned this the hard way. Remember "New Coke"?
Place branding matters today because in a single global marketplace of instant global communications and increasingly widespread democracy, the opinions of populations count as much as the opinions of elites mattered in the past.
This case is about a global car sharing service that lets you rent cars at your convenience. Zipcar started in 1999 when its European founders brought their idea of a car-sharing business to America, and has since partnered and expanded its business in many different countries such as Austria, Canada, France, Spain, the United Kingdom, and the United States. Zipcar’s major marketing strategy focuses on making transportation more convenient to urban life, rather than just making money from its car rental system. The purpose of the case is to show how a company can grow based on its marketing strategies, marketing ethics, and building branding relationships to reach out to urban lifestyle.
Personal Branding is already conflicting with Company Branding outside the work place. A middle school teacher was suspended with pay for making remarks about her students on Face Book (Norwalk, 2010). A woman was fired after criticizing her boss on face book (“Fired over Facebook,” 2011). A young man was rejected for a position at Cisco because he tweeted that he had to weigh the fat paycheck against the drive and work (Popkin, 2009). These examples go on and on. Entire sites have been dedicated to helping employees build their personal brands without conflicting with their company brand (Schawbel, 2009).
In society today, everything has a name for it. If the product doesn’t have a well-known name, it goes by name that a well-known product that is similar goes by. Branding has made its impact on society and it’s never going to go away. In this situation, all we can do from here is analyze more and more until we fully understand its presence in society and its effects. Branding has its biggest effects on consumerism, which makes us question consumerisms power in society. Has our society become one big, replicated consumer or can a consumer or even a person still be unique and individual? Branding creates competition amongst companies throughout the world and creates a competition for the consumers. Not only, it also creates issues, creates
The purpose of this study is to explore and find the growth strategies of Uber. This is also to help understand the perception of the users. More specifically, the question is how these strategies become a threat to its competitors and how are they beneficial and effective for the consumers of the product.
Marketing is a business with the specific product or service in terms of the customer’s needs and their satisfaction. In order to extend the cognitive of the product in consumers’ mind, brand name and logo both are the main elements of a product and enterprise identity as they play a significant role in the communication between the product and consumer; however, name and logo are the first impression given by the product to consumers’ mind, therefore is one of the main reason why they both are a main component of a product. The article of rebranding mergers has stated how attitudes influence consumers’ choices, and this report aims to point out few interest and considerable topics, which basic about the influence of consumers’ buying attitude and typology of
Uber Technologies Inc. is an American online transportation network company based in San Francisco, California and until recently is available worldwide. It develops, markets and operates the Uber mobile app, which allows consumers with smartphones to submit a trip request using the app. The software program then automatically sends the nearest Uber driver the location of the consumer. The Uber app automatically calculates the fare and transfers the payment to the Uber driver. Uber driver’s use their own personal vehicles and work on a part-time need basis by having higher surge charges when drivers are needed. Uber now operates in over 66 countries and 507 cities worldwide. In this paper the basic background of the company, business decisions, different means of transportation they offer, some of the backlash they have encountered, and future technologies they are working on.
In recent times, branding has played a pivotal role in some brands’ success. This has been made possible through the ability of some marketers to capture the essence and minds of people (consumers), and put the trends and characteristics into the personality of a brand. Customers have always found ways to identify themselves with certain products, and on several occasions, branding campaigns