The 8 Must-Follow Rules for Rebranding Your Company (Infographic)Rebranding is risky business. Before you take the leap, seriously think over these major do's and don'ts, backed by real examples of rebranding successes and nightmares.

ByKim Lachance Shandrow

Opinions expressed by Entrepreneur contributors are their own.

Rebranding is a slippery slope. Just askHersheyandAirbnb. Talk about disastrous logo revamps. Both companies -- one old dog and one new – recently found out the hard way that there's a lot more to a successful rebrand than merely tweaking your logo and hoping it will go over well.

Before you take the risk of rebranding your company, it's important to seriously think about whether you should retool your brand in the first place. If your target audience is changing with the times (and chances are it is), it's a smart move to change along with them. Not just to maintain their interest, but, more importantly, their business. Or, if your competition is biting off a painful chunk of your market share, a brand makeover could save your neck.

Related:CVS Rebrands Itself With Renewed Committment to Healthcare

Some rebrands are total fails, like Radio Shack's recent rebranding attempt, as pointed out inGetVoIP's helpful rebranding do's and don'ts infographic below. In a failed bid to stay relevant, the slumping consumer electronics chain switched its name to The Shack back in to 2009, but didn't switch up its product offerings or brand philosophy along with it. The result: A rebrand that was widely dismissed as an identity crisis, a flop. Hard lesson: A rebranding that works requires much more than a basic name change.

来帮助你决定是否重塑是一个明智的德cision for your business -- and how to successfully pull a rebrand off -- check out the following informative infographic. It highlights eight key rules you shouldn't break when braving a rebrand, complete with examples of four winning and losing real-life rebranding stories.

Related:5 Tips on Rebranding from a Billion-Dollar Expert

Click to Enlarge+
The 8 Must-Follow Rules for Rebranding Your Company (Infographic)

Related:Need a New Design? 5 Reasons to Crowdsource It.

Kim Lachance Shandrow

Former West Coast Editor

Kim Lachance Shandrow is the former West Coast editor at Entrepreneur.com. Previously, she was a commerce columnist atLos Angeles CityBeat,a news producer at MSNBC and KNBC in Los Angeles and a frequent contributor to theLos Angeles Times. She has also written forGovernment Technologymagazine,LA Yogamagazine, theLowell Sunnewspaper, HealthCentral.com, PsychCentral.com and the former U.S. Surgeon General, Dr. C. Everett Coop. Follow her on Twitter at@Lashandrow. You can also follow her on Facebookhere.

Editor's Pick

Related Topics

Business News

Misinformation is Destroying Businesses — How Do We Finally Tackle Fake News?

When it comes to social media, the lines between truth and falsehood blur further. But how do we even start solving the fake news problem?

Business News

Watch: London Airport Parking Garage Erupts in Flames Leaving Thousands of Passengers Stranded, Delayed

London Luton Airport resumed flight activity late Wednesday following the incident.

Business News

This Restaurant Will Charge You a Hefty $50 Fee If You Have One Too Many Mimosas

Kitchen Story in Oakland, California isn't playing around when it comes to bottomless brunch.

Business News

Meta Is Paying the Celebrity Faces Behind Its AI Chatbots as Much as $5 Million for 6 Hours of Work, Report Says

One unnamed top creator was paid $5 million for six hours of work, according to The Information.

Marketing

This Powerful Marketing Strategy Will Help You Outshine Your Competitors and Make Your Brand More Memorable

Direct mail is stealing the show in the crowded marketing landscape. Here's why.