What is real
is not external form.”
Over the years, many large corporations have resorted to implementing a major rebranding process, either because they had to update the brand they represent today, or because they no longer identified themselves with their current brand. The brand image is an extremely powerful tool, which can dictate a company’s success or lead to its anonymity. The brand image is also responsible for the developing and promoting of both goods and services under the marketing label. Few are truly aware of the necessity of a legally protected brand and ensure sufficient funds are allocated for it.
Unlike large companies, which legally secure their brands even when they are undergoing a rebranding process, entrepreneurs of small and medium-sized companies are unaware of the need to legally secure their brands, thereby ensuring their brands cannot be used as inspiration for other potential brands.
What are the main steps for a successful rebranding process? The first step in achieving a successful rebranding is to conduct research to ensure that the new logo is not already registered by another entity. Moreover, it is also vital that the new logo is not similar to any other existing logo. This will avoid the possibility of any future conflict, thereby leading to minimal legal or financial losses.
If the topic of the discussion is an international brand, a database search must be performed to guarantee the new chosen brand is not available on the specific target market of any other business. In some cases, when deciding to undertake a rebranding process, submitting a new trademark registration would not be considered essential as the problems that could be faced would only concern minor changes, which do not greatly affect the old trademark.
This aspect, however, is a very subjective one, as any small change of font or colour, can have a cumulative effect and can greatly transform the brand. The consequences of misuse of the logo can have serious repercussions, even leading to the potential of cancelling the trademark.
However, to escape the concerns of possible conflicts that could be born of branding, it is more advisable to seek the help of an intellectual property specialist. This will help you throughout the new brand’s implementation process and avoid the potential for any legal conflicts arising as a consequence of rebranding.
To conclude, even if the rebranding process is considered to be a new future direction for the company, the legal aspects of this marketing process should not be ignored. It can not only lead to loss of image, but it can also result in financial losses for the business in question.
An early part of the brand development process includes researching your competitors and comparing your brand against theirs. It’s possible that your business and its accompanying intellectual property share striking similarities to other brands in your industry, and these are important to consider when it comes to standing out within your field. When you’ve completed ( learn more )
Lately, we have been working on a new case so that both the commercial name of a croissant and a sandwich can coexist without legal implications. In this sense, we witnessed the negotiation and conclusion of a coexistence agreement for the two brands. Our client, from the Bakery and confectionery industry, received a coexistence agreement ( learn more )
Our colleague, Ana Rotariu, is sharing her experience regarding the effects of the COVID-19 pandemic over businesses and their IP. Interested to know how has this outbreak affected companies worldwide? It is safe to say we are all experiencing challenging times, especially when it comes to businesses, either big or small. Even as countries and ( learn more )