Brands chase relevance through repositioning and purpose messaging. Both strategies promise to connect with consumers in new ways. This week, Professor Tyler Milfeld of the Villanova School of Business explains why these efforts often backfire and what brands should consider before making major moves.
Brands with established pro-social reputations don't see an immediate lift from purpose advertising.
Research shows that when brands like Patagonia or Ben & Jerry's launch pro-social messages, consumers don't like them more in the short term. These messages reinforce existing perceptions but don't create new affinity. Purpose messaging works differently depending on your brand's history.
The Four Rs Killing Your Rebrand
Professor Milfeld's research identifies four core reasons repositioning efforts fail:
Before repositioning, brands should look at their history. Find anchors that give you credibility in new spaces. Show, don't just tell. Then build thoughtfully.
“What Drives Brand Repositioning and Why Do Those Efforts Fail?”
Professor Milfeld's article for MediaPost examines the underlying forces that push brands to reposition and why those forces are often misunderstood.
Think before you pivot.
“It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently.”
— Warren Buffett, Chairman of Berkshire Hathaway