Change of Logo and Its Effect On Branding
Change of Logo and Its Effect On Branding
Change of Logo and Its Effect On Branding
branding
Importance of logo in branding
Logo symbolizes your business and creates an image of your business in the eyes of
your customers. Logo, is one of the many important elements of
business branding
The design of the logo and the process of creating one are similar to creating your
brand. Your logo has to go together with your brand, with the ability to deliver
positive values to your customers. Your logo should also be unique and
meaningful so you will shine your market.
Proper logo design creates similar effect as proper branding; it is essential to have
one for branding purposes and gives your business an identity.
A logo is successful when it allows the immediate recognition of the business and
represents the business' character or attitude. A successful logo is a guaranteed
marker.
A logo will help you significantly in building your image and identify along with
your brand.
Need of logo
• To look bigger and established
• To increase your chance of earning venture capital or of selling a business.
• To attract more clients.
• To convey that you are reputable.
• To brand yourself
• To explain your company name.
• To be more memorable
• To differentiate you from your competition.
• To give clients a sense of stability.
• To endear your company name to your clients.
• To show your commitment
Why companies change their logos?
When do companies need a new logo design?
Stagnant Business
When business starts to stagnate and you keep generating the same amount of
profit, the company may decide that it needs a new company image to generate
some new excitement in the market. When you consider huge companies like
Pepsi waiting to launch their new logo, it generated a lot of excitement among the
consumer groups.
New Product Launch
If a company sells many different products to consumers, they would each have a
different product logo for each different product. So when they want to change the
look of a particular product, they would normally come up with a fresh new design
for it. This usually involves changing the logo and maybe even add in more words
or take out certain words completely. An example would be Gatorade, the well-
known sports drink. They had their logo changed to show a huge, bold 'G' while
minimizing the word 'Gatorade'. Complete new products would require completely
new logos and design to be created specifically for them.
Cont…
New Customers
The main reason why businesses and companies need a new logo design is to try and
capture more market share. Whenever there is a new company logo re-launching,
it would showcase to the general public a change in the company's direction and
identity.
Airtel new logo