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Rebranding & Reimaging: Strategies For Success
February 25, 2015
These slides are part of a free webcast from rd+d magazine.
You will find a link to the webcast on Slide 6.
Today’s Objectives
• Discuss rationale and starting points for significant
restaurant rebranding/reimaging initiatives
• Explore risk assessment and research
• Review process and potential pitfalls
• Discuss roll-out/roll-back strategies
• Answer your questions!
Thanks to Our Sponsor
We are TriMark,
And We Bring It!
Learn more at
www.TriMarkUSA.com
Meet Our Panelists
Richard Lynch
Chief Global Brand
Officer,
Popeyes™
Louisiana Kitchen
Tré Musco
President, Chief
Creative Officer,
Tesser
Nader Masadeh
CEO and
President,
Buffalo Wings &
Rings
Check out the Free Webcast
http://rddmag.com/rebranding
Rebrand/Reimage Drivers?
Fresh
Relevant
Competitive
New Consumer/Millennial
Friendly
Defining the mission – key considerations
Timing
• Franchise agreements
• Customer defection
• Sliding sales
• New competitive threats
Scope/extent of work needed
• Rebranding and/or reimaging? Define.
• Enough to have a real impact on the guest experience
• Not too much to risk brand ID
Tesser – Big Picture Branding
Key Considerations – Current Position
“If the brand is coming from a position of strength then the
reimage is like the icing on the cake and you can dive right
in and reimage. If the brand is coming from a position of
many years of slide, then there’s a lot of operational work to
be done first.”
Buffalo Wings & Rings – Pre-Rebrand/Reimage
Writing on the wall
• Economic slowdown
• Outdated look
• Undifferentiated
• Inconsistent
• Competitors raised
the bar
Buffalo Wings & Rings – Post Rebrand/Reimage
• Discussions about what the brand IS and what it
SHOULD or COULD be
– More contemporary
– More family- and female-friendly w/o alienating
traditional male, sports-loving guests
• Hired branding and marketing firm Interbrand Design
Forum
• Strategic consumer positioning, focus groups, research
Buffalo Wings & Rings
Buffalo Wings & Rings
Objectives
• Create a more engaging, differentiated concept that
would bring the brand to life
• Offer consistent execution
• Be scalable for nationwide growth
Popeyes – Pre-Rebrand/Reimage
• New management team
• Dated look/feel
• Franchise agreements
– refreshes
due/overdue
• Average unit volumes
suffering
Popeyes – Rebranding
Popeyes – Sales Before Signs
• Brought in branding identity expertise — Pentagram
• Brand update
– Name change – Popeyes™ Louisiana Kitchen
– Menu innovation
– Marketing/advertising/packaging
• Conducted extensive consumer research
• THEN approached Tesser with clear vision of the new
brand identity
• Defining the target
– How much change is needed to have an impact?
• Being open to being analyzed
– Positioning
– Strengths/weaknesses
– Willingness to change
• Determining how to involve/utilize research
• Setting realistic timelines
• Determining who the team is on the client side
– The right people
– Not too many
Key Questions/Challenges
1 2
CONSUMER
VALIDATION
CONCEPT
DESIGN
43 5
DESIGN
INTENT
DRAWINGS
TESSER PATH TO SUCCESS
A STRATEGIC, INSIGHT-DRIVEN & PROVEN PROCESS
TO BUILD A BRAND
DISCOVERY
CONCEPT/BRA
ND ASSET
RESEARCH
DESIGN
STRATEGY
DESIGN
REFINEMENTS
6
ARCHITECTU
RAL &
CONSTRUCTI
ON
COORDINATI
ON
Budget/ROI Considerations/Learnings
Buffalo Rings & Wings
– Two costs: project and build – plan carefully for both
– Costs can quickly get out of hand
– Take no shortcuts – it’s a big investment, work with a
reputable company
– Keep focus on creating best value for the consumer
– Keep affordability for franchisees top-of-mind – new
prototype 10% or less in cost increases
Budget/ROI Considerations/Learnings
Popeyes
• ROI not an objective
• What’s the return? That’s not the right question.
• Cost of doing business: Stay fresh, relevant,
contemporary
Rollout/Rollback Strategies & Challenges
• Design side – Value engineering for roll-back through to
older stores
• Supply chain issues – being able to supply franchisees
who want to complete the reimage
• Create story of success at corporate level first and then
let the system buy in
Questions?
Thanks to Our Sponsor
We are TriMark,
And We Bring It!
Learn more at
www.TriMarkUSA.com
Future rd+d Webcasts
April 29, 2015
Finding & Vetting Local Vendors
Comments/suggestions: Contact Dana Tanyeri, dana@zoombagroup.com
A link to the CEU quiz will be sent when the webcast archive goes live.
Thanks for Listening!
Visit us online
www.rddmag.com
Follow us on Twitter
@rddmag
Get bi-monthly rd+d content, project news,
restaurant design digest

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Rebranding and Reimaging Restaurants: Strategies for Success

  • 1. Rebranding & Reimaging: Strategies For Success February 25, 2015 These slides are part of a free webcast from rd+d magazine. You will find a link to the webcast on Slide 6.
  • 2. Today’s Objectives • Discuss rationale and starting points for significant restaurant rebranding/reimaging initiatives • Explore risk assessment and research • Review process and potential pitfalls • Discuss roll-out/roll-back strategies • Answer your questions!
  • 3. Thanks to Our Sponsor
  • 4. We are TriMark, And We Bring It! Learn more at www.TriMarkUSA.com
  • 5. Meet Our Panelists Richard Lynch Chief Global Brand Officer, Popeyes™ Louisiana Kitchen Tré Musco President, Chief Creative Officer, Tesser Nader Masadeh CEO and President, Buffalo Wings & Rings
  • 6. Check out the Free Webcast http://rddmag.com/rebranding
  • 8. Defining the mission – key considerations Timing • Franchise agreements • Customer defection • Sliding sales • New competitive threats Scope/extent of work needed • Rebranding and/or reimaging? Define. • Enough to have a real impact on the guest experience • Not too much to risk brand ID
  • 9. Tesser – Big Picture Branding
  • 10. Key Considerations – Current Position “If the brand is coming from a position of strength then the reimage is like the icing on the cake and you can dive right in and reimage. If the brand is coming from a position of many years of slide, then there’s a lot of operational work to be done first.”
  • 11. Buffalo Wings & Rings – Pre-Rebrand/Reimage Writing on the wall • Economic slowdown • Outdated look • Undifferentiated • Inconsistent • Competitors raised the bar
  • 12. Buffalo Wings & Rings – Post Rebrand/Reimage
  • 13. • Discussions about what the brand IS and what it SHOULD or COULD be – More contemporary – More family- and female-friendly w/o alienating traditional male, sports-loving guests • Hired branding and marketing firm Interbrand Design Forum • Strategic consumer positioning, focus groups, research Buffalo Wings & Rings
  • 14. Buffalo Wings & Rings Objectives • Create a more engaging, differentiated concept that would bring the brand to life • Offer consistent execution • Be scalable for nationwide growth
  • 15. Popeyes – Pre-Rebrand/Reimage • New management team • Dated look/feel • Franchise agreements – refreshes due/overdue • Average unit volumes suffering
  • 17. Popeyes – Sales Before Signs • Brought in branding identity expertise — Pentagram • Brand update – Name change – Popeyes™ Louisiana Kitchen – Menu innovation – Marketing/advertising/packaging • Conducted extensive consumer research • THEN approached Tesser with clear vision of the new brand identity
  • 18. • Defining the target – How much change is needed to have an impact? • Being open to being analyzed – Positioning – Strengths/weaknesses – Willingness to change • Determining how to involve/utilize research • Setting realistic timelines • Determining who the team is on the client side – The right people – Not too many Key Questions/Challenges
  • 19. 1 2 CONSUMER VALIDATION CONCEPT DESIGN 43 5 DESIGN INTENT DRAWINGS TESSER PATH TO SUCCESS A STRATEGIC, INSIGHT-DRIVEN & PROVEN PROCESS TO BUILD A BRAND DISCOVERY CONCEPT/BRA ND ASSET RESEARCH DESIGN STRATEGY DESIGN REFINEMENTS 6 ARCHITECTU RAL & CONSTRUCTI ON COORDINATI ON
  • 20. Budget/ROI Considerations/Learnings Buffalo Rings & Wings – Two costs: project and build – plan carefully for both – Costs can quickly get out of hand – Take no shortcuts – it’s a big investment, work with a reputable company – Keep focus on creating best value for the consumer – Keep affordability for franchisees top-of-mind – new prototype 10% or less in cost increases
  • 21. Budget/ROI Considerations/Learnings Popeyes • ROI not an objective • What’s the return? That’s not the right question. • Cost of doing business: Stay fresh, relevant, contemporary
  • 22. Rollout/Rollback Strategies & Challenges • Design side – Value engineering for roll-back through to older stores • Supply chain issues – being able to supply franchisees who want to complete the reimage • Create story of success at corporate level first and then let the system buy in
  • 24. Thanks to Our Sponsor
  • 25. We are TriMark, And We Bring It! Learn more at www.TriMarkUSA.com
  • 26. Future rd+d Webcasts April 29, 2015 Finding & Vetting Local Vendors Comments/suggestions: Contact Dana Tanyeri, dana@zoombagroup.com A link to the CEU quiz will be sent when the webcast archive goes live.
  • 27. Thanks for Listening! Visit us online www.rddmag.com Follow us on Twitter @rddmag Get bi-monthly rd+d content, project news, restaurant design digest