Changing a
company’s name when your services remain fundamentally similar can be a tricky
move, and I wouldn’t necessarily recommend it.
I recently did
this myself anyway, shutting down a six-year-old brand identity. “Sociable
Communications” became “Kazolu” overnight. I didn’t make the change lightly,
and once the decision was done I moved as quickly as possible to switch over
all public brand identity elements to avoid confusion - I wanted to make the conversion as quickly and fully as possible.
“Sociable” began
its life as a virtual full-service marketing agency, and it did pretty well in
that role. In 2009, there was a market for a consultancy that could corral
third-party creative talent to deliver the services that more traditional
full-service agencies provide. It was a good business model for a consultancy,
but it is a very difficult model to “scale” since the core service provided was
fundamentally delivered by one person – me.
Since 2009, the
market for marketing services has continued to fragment, and I found myself
working more closely with a few core competencies that delivered strategic
planning, clear message-writing, and video production.
The good news
(and no big surprise) was that these elements are of greatest interest to me.
This is the stuff that really motivates me – taking really complicated concepts
and making clear, concise communications to support them. Effective video
productions require clear communications at their core – video works best when
it is focused and simple – so that also made sense as an extension of my core
deliverables.
The recognition
that the core offering of “Sociable Communications” had shifted gave me the
opportunity to redefine my professional identity in a manner that better reflected
these services, and reflected myself better too. This brought about “Kazolu” –
a fabricated word that relates to nothing, other than my business. Like my
services, the word is simple, concise, and straightforward. It’s easy to share
verbally, and it’s easy to type into a dot-com URL. And, it is rooted in
something that is central to my personal identity (which I’ll keep a little bit
private), but it is independent enough that it can apply to the business
venture alone.
Taking a leap
into a fundamental business change is daunting, and I didn’t get everything
100% right at launch because I felt that waiting for 100% to arrive might never
happen. There is something to be said for swinging the bat, recognizing that your
swing may not be perfect, but understanding that lessons learned quickly will
allow for relatively quick course-corrections. Also, I’m not a big business, so
few people are watching me anyway – any hiccups in the transition will matter
infinitely more to me than they will to anyone else.
At the end of the
day, my professional identity is now Kazolu. Rather than providing
comprehensive marketing plans that are strategic and tactical, I provide ideas,
writing, and visuals – strategy, communications, and video – which are much
easier for me to deliver, and they are simpler services to scale. There is both
art and science to delivering clarity – and it is a process that can be taught
and shared. This is something I have a proven track record on – a distinct
competitive advantage, and a much greater value to existing and future clients.
Would I recommend
that a company change its name and its entire brand identity? It depends entirely
on its situation – but most importantly it depends on the business owner’s
comfort with the past, vs. their willingness and comfort to embrace change. If
you are comfortable with the change, then chances are your customers will be
too – and you might even gain new ones that respond to the new energy you have
revealed.
No comments:
Post a Comment