The Relationship Between Logo Changes and Brand Equity in Creating Brand Awareness

Eurasian Studies in Business and Economics · Ocak 2021

Makale Bilgileri

Dergi Eurasian Studies in Business and Economics

ISSN23645067

Yayın TarihiOcak 2021

Cilt / Sayfa16 · 265-277

DOI10.1007/978-3-030-65085-8_17

Scopus ID2-s2.0-85174313689

Özet The rapid transformation in technology has led to an increase in options and similar products for consumers, and therefore, consumers have the chance to access products faster and easier. For this reason, branding is an important concept for marketing activities that affect consumers’ purchasing decisions. In product and service marketing, brands’ logos are among the main distinguishing features of that product or service. Logos become the brand’s identity and play a role in helping consumers distinguish the brand from other competitors. In this study, the question of how the brands with high brand value applied the logo design change in the context of simplification strategies was started. For this purpose, logo design changes of the most valuable brands in different segments of the world have been investigated in order to obtain data about the role of brand value on brand logo redesign. In order to collect the products of the luxury segments under a single logo, they chose simple, large font, and legible designs, and global brands choose a logo that minimizes the risks that may arise in the global competition, and food businesses use designs consisting of lively, colorful, and brand products.