Question
Topic: Branding
Pros And Cons Of Product Rebrand
I have a product that has been in the market for almost 10 years. We are considering a rebrand (changing the look) to make it more compliant with our company standard and to make it look fresher and newer. However I'm not sure if this sends the right message to the market. There is no innovation or new features and I'm afraid of a 'same shit, new wrapping' reaction. Customers have given feedbadk that they want to see more innovation from us and I don't want them to think that we see changing the look of the the product as innovation. I'd appreciate thoughts on the pros and cons of such a rebrand initiative.
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