Question

Topic: Strategy

New Business, Same Company. New Name & Logo?

Posted by fla on 250 Points
We own a guest house www.terracelodge.com which is going to sell tours to the clients (who book mainly via our web page and booking engines) and other tourist who do not know the guest house but will read about us in two ways:
- printed publicity (tourist map).
- the guest house web page.
My questions are:
- is it better to keep a "connection" of the new activity name and logo with the actual one? For example, the design of the tour company logo, has to be similar to the logo of Terrace Lodge ? Is it better to have a completely new logo?

Both activities will be advertised in a printed map edited by us(owners of the map too); is it better to use the same space for both or separate them?
The tourist who trust Terrace Lodge could be easily attracted by our tours since they realise they are owned by the same company. Isn't?
I think that doing so It will be easier to sell packages, accommodation + tours. Many tourists should also prefer to deal with one company instead of two.

It is also true that some tourists (with a lower budget) could choose a different accommodation but have limited options (in our Region) of tours. In this case the sale of the tour could be a hook to upsell the accommodation too.

What do you think are the pros and cons of the two options?

We are anxious to know you opinions and receive suggestions.
Many thanks.
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RESPONSES

  • Posted by Peter (henna gaijin) on Accepted
    If the guest house business has a name and logo that ads value to selling tours, then use it. If it doesn't, or worse yet, would using it would hurt the sales of tours, the drop it.

    Other direction also - If there is a value to the guest house of using the same name and logo for the tours, then do it. If it hurts the guest house, then don't.
  • Posted by fla on Author
    Thank you Peter for your useful answer.
    I'm thinking of using a different name for the tours even if they will be advertised in Terrace Lodge web site. The two businesses don't suffer if they use the same name but the reason is I don't like "Terrace" as a name for a tour company.
    I am probably going to have two distinct logos but both with the same "graphic frame", so that they refer to the same brand.
    What do you think?

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