Brand Refresh: Find Your X

September 21, 2022

Joy Kaufman

A visual communicator and creative problem-solver who specializes in brand communications, Joy Kaufman is senior creative director at Impact XM.

It’s hard to know what to feel when you hear “rebrand” during a company meeting. As marketers, we may feel excited about the opportunity to make changes to reach new audiences, explore new and interesting design concepts and develop a lasting communication system. In any rebrand, there are challenges to maintaining the essential parts of your company and not to stray from who you are. How much do you draw from history? Will your rebrand alienate your current client base? What happens to your internal shared identity? 

It is more essential than ever for a brand to remain flexible to reach audiences of all kinds. When leadership feels the need to recalibrate the way you talk about your brand and how you are perceived in the market, consider a brand refresh rather than immediately recreating your logo or brand identity. By refreshing a brand, you can dress your brand up or down based on the audience or media channel while remaining true to who you are as a company and existing brand.  

Impact XM has been in exhibit and experiential marketing for over 50 years. As our company grew in scale, talent and clientele, and incorporated advancing technologies into our product offerings, we needed to be flexible. As a senior creative director, my team and I had the privilege of spearheading our brand’s refresh. We wanted to preserve the trust we had built in the industry and with our clients over the years while also speaking to our aspirations as a company. Our new story of “X well-crafted.” emerged as a simple phrase that remains true to Impact XM’s history and mission, while highlighting our evolution into a global, full-service experiential marketing agency. 

If you are considering refreshing your brand, we have a few notes to consider as you continue your brand evolution. 

  1. Know when it’s time.

Audit your brand to see if it speaks to your current values and future goals. Have your services changed or clients’ needs shifted? What’s missing from your brand story that sets you apart from your competitors? How do your employees feel about your brand? How do you talk about yourself?  

  1. Know your audience(s). 

Human behavior and emotional engagement are crucial in creating a strong brand. It’s the logic and emotion, left and right brains working together. We surveyed both our internal employees and our external clients and asked, “Who do you think we are and what do you care about when it comes to Impact XM? Why us?”

Brand is not necessarily what we tell our clients, but brand loyalty is based on how they feel about us. Our challenge is to communicate our brand values in what we do, in what we say, as well as to aesthetically appeal to an emotion. Too often we show our solutions and services and hope something resonates with clients. We need to ask ourselves if this is the right message, tone and feeling for this audience. And how do we still look like us if we are appealing to different audiences?

  1. Always answering (three questions).

Any brand communication should ultimately answer these three questions: 

  • Who are you?
  • What do you do? 
  • Why should your audience care?  
  1. Remain authentic to foster trust.

In the age of disinformation, it is extremely important to maintain trust in a brand. Our messages need to be created in a way that is straightforward but compelling. In our excitement to be a flexible brand, it is easy for marketers to appeal to different audiences in inauthentic waysto try to be more than we really are. The beauty in a brand comes from the balance of remaining true to your values but being able to dress for the occasion when the audience calls for us to be flexible.  

We are bombarded with messages of all kinds and through many different mediums. From the moment anyone visits your website, engages with social media or interacts with brand content, they should know who you are, what you do and are at least intrigued enough to find out why they should care. Happy brand refreshing!

Article citation: 2000, Marty Neumeier, The Brand Gap.

 

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MGM Resorts is committed to fostering an inclusive and diverse culture, not just among employees and guests but also within its supply chain. The company prioritizes procuring goods and services from businesses owned by minorities, women, veterans, people with disabilities, LGBTQ individuals and those facing economic disadvantages. This commitment is integral to MGM Resorts' global procurement strategy.    Through its voluntary supplier diversity program, MGM Resorts actively identifies and connects certified diverse-owned suppliers to opportunities within its supply chain. The company is on track to spend at least 15% of its biddable procurement with diverse-owned businesses by 2025, demonstrating that supplier diversity is not only a social responsibility but also a strategic business imperative.    Supplier diversity isn’t just the right thing to do – it’s good for business. A diverse supply chain allows access to a broader range of perspectives and experience, helping to drive innovation, entrepreneurship and resilience, while strengthening communities. At MGM Resorts, engaging diverse suppliers ensures best-in-class experiences for guests and clients. Supplier diversity ensures a more resilient supply chain while supporting economic development in the communities in which it operates.   The impact of MGM Resorts' supplier diversity initiatives is significant. In 2023, these efforts supported over 3,500 jobs across more than 30 states, contributed over $214 million in income for diverse-owned businesses and generated more than $62 million in tax revenue. The story extends beyond the numbers – it reflects the tangible benefits brought to small and diverse-owned businesses, fostering economic empowerment in their communities.    MGM Resorts also supports the development and business skills of diverse-owned businesses through investment, mentorship and education. Through the MGM Resorts Supplier Diversity Mentorship Program, the company identifies, mentors and develops diverse-owned businesses to fill its future pipeline, while providing businesses with tools and resources to empower and uplift. Since 2017, the program has successfully graduated 105 diverse-owned businesses and is on track to achieve its goal of 150 graduates by 2025.     MGM Resorts’ commitment to supplier diversity not only enhances its business operations but also plays a crucial role in uplifting communities and fostering economic development. This approach reinforces the idea that diversity is a powerful driver of innovation and resilience, benefiting both the company and the wider community.