Rebranding A Company - Final 1

Download as ppt, pdf, or txt
Download as ppt, pdf, or txt
You are on page 1of 15

Berean Christian Bookstore

Rebranding
Morgan Freeman
Agenda
• What is rebranding?
• What does Berean mean?
• Brand and Product Information
• Current Brand Logo/ Image/Packaging
• New Brand Logo/ Image / Packaging
• Target Customer
– Actual
– Aspirational
– Demographics and Psychographics and picture of customer
• New Positioning Statement
• Why Re-branding is Necessary
• Advertising for New Brand Image
• Works Cited
What is rebranding
 Rebranding can be defined as "a process of giving a product or
an organization a new image, in order to make it more
attractive and successful" (Collins English Dictionary).
 This is done to increase consumer loyalty, improve member
professionalism, enter a new market trend, create a stronger
voice in the industry, increase share holder value or to
reenergize a company .
 The process of rebranding involves essential changes in the
brands name, logo, image, advertising, and marketing
strategies.
 Rebranding aims to reposition the brand or the company, or to
distinguish itself from the negative opinions about the previous
brands or to climb the success ladder by moving the brand still
upwards.
What does Berean Mean?
 A Berean is one who has a balanced viewpoint. We listen to what someone has to say because
we are eager to learn the word of God more perfectly. We realize that we have not learned it
all. But then, we take what we have heard and compare it with the Bible. Then, if both match,
we have learned something and increased our knowledge of God's Word, rightly divided.
 Being called a Berean comes from Acts 17:10-11. In verse 11 it says that those from Berea
(hence, the Bereans) were nobler than the people in Thessalonica because they "received the
word with all readiness of mind, and searched the Scriptures daily, whether those things were
so.“
 So, when we say that someone is a "Berean" we mean that they do two things: (1) They have
an open mind and willingly receive the Word of God when it is taught to them (2) But then,
they check out what they were taught by comparing it with the Scriptures.
 Both aspects are important. Some people are so closed minded that they will not even listen to
anything new or that might threaten what they already know. Others are so gullible that they
accept whatever is told them without ever checking it against what the Bible says. Both
extremes are to be avoided.
Brand Background
 The first Berean store opened in
Los Angeles in 1934 as the Berean
Book Room. During the 1960's,
Standex International purchased the
location and the new owners
opened more than 25 stores under
the Berean moniker. Today, Berean
Christian Stores, which are now
headquartered in Cincinnati, Ohio,
operate some of the finest Christian
retail stores in the country.
Product Background
Videos Cards
Gifts Apparel

Books
Church Supplies
Music
Home Décor
Bibles
Jewelry
Kids

Software Accompaniment
Spanish Home-school
Current Brand Image
The current store image is
very stuffy, right winged and
not diverse in product and
target market

Logo
Book Readings

Target Customer Store Exterior


Customer Details

Actual Market
Target Market
Ethnicity: White Ethnicity: All
Life Cycle: Married with kids Life Cycle: Single & Married
Age: 30 -65 Age: 18 -80
Income: 50- 60K Income: 20K and higher
Party Affiliation: Republican
Party Affiliation: Both Parties
Education: College or higher
Education: High School & up
Spending: Full price
Products: Music, Books, Spending: Specials and sales
Bibles & Novelties Products: Bibles and Books
New Brand Image / Logo / Packaging

New Logo

Books and Wifi


New Target Market

Open Mic Area


New Positioning Statement

• To the spiritual seeker that enjoys great service


and a broad assortment of products, who likes a
good book in an easy to shop environment.
Berean Christian Stores, is a regional chain of
bookstores that focuses on the word of God.
Berean is the store that speaks to the social-
oriented Christian that takes pleasure in books
that are accurate to the person and work of Jesus
Christ. Berean stores offer products to meet the
needs of consumers and churches alike, and take
seriously the commitment to serve all customers
effectively.
Why Rebranding is Necessary
 Rebranding is important for this company so that it can
stay current with the retail trends and learning styles of
today’s Christians. The books, atmosphere and products
need to be up-to-date with what consumers are looking for
in a book store and spiritual source. Also, the store should
reach out to teens and youth groups in order to reach out
to the Christians that will soon be running the church.
Why Target Teens
 According to a new report from Mintel on teen consumers, teen spending was valued at $175
billion in 2003 and is on the rise. The estimated spending power of teens, those age 12 to 17, is
expected to top $190 billion by 2006, a figure that surpasses the gross domestic product of
manycountries in the world. In addition, families with teens spent $100 billion on them with
projected spending for 12 to 17 year olds as $128.5 billion in 2006. Teen spending estimated
to top $190 billion by 2006
 Teens represent the first significant demographic change in the past decade. Not since the Baby
Boom's teenage years has this age group been so large.
Twenty-five million strong in 2004, teens constitute 8.5% of the total US population in 2004.
By 2010, teens are projected to comprise 10% of the US population.
 Today's teens are the most affluent generation of young people to date. Over one-third receive
some kind of allowance from their parents, and nearly three-quarters work around the house to
earn it. Almost one third of teens work while going to school and participating in other teen
activities. Marketers should recognize that a considerable amount of teens work and treat them
accordingly when encouraging them to spend money on their products and services.
New Merchandise
New Advertisement
Works Cited
 http://www.berean.com/
 http://voices.mysanantonio.com/williamhcraig/family.tree.gif
 http://in.88db.com/chennai/Knowledge/Knowledge_Detail.page/Business_
Services/?kid=121
 http://www.t-driver.com/news/recent_stuff/2009/images/teens_grass.jpg
 http://www.jweekly.com/images/gallery/israel/Diller_Teens_4.jpg
 http://keetsa.com/blog/wp-content/uploads/2009/01/teens-for-jeans.jpg
 http://www.youthspecialties.com/blog/wp-content/uploads/2009/01/church-
marketing.gif
 http://www.creationmarketing.com/Merchant2/graphics/00000001/HisWay
GuyLarge.JPG
 http://www.marketresearchworld.net/index.php?
option=com_content&task=view&id=615

You might also like