Corporate Renaming and Their Impact for Products on Brands and Markets: Twitter, Redmi and KFC as Examples
\nFollowing technological development, brand names have become more important in a competitive environment. Some brands try to increase their product’s force of competitive by changing product names. However, if a company changes name, then the company may meet some challenges. Brand needs comprehensive marketing as well as user guide to make up for the loss of user activity [1]. The essay will review literature to discuss the influence of renaming on the company culture as well as user acceptance. In detail, this essay will discuss influence of brand image and sales for renaming through Twitter renamed to X, Hongmi independent as well as changing name to Redmi, Kentucky Fried Chicken simplified to KFC.\n
Institutions
- Shanghai Jinyuan Senior High School (CN)
Publication Details
- Journal
- Springer Link (Chiba Institute of Technology)
- Published
- 2024-10-23
- DOI
- https://doi.org/10.1051/shsconf/202419903018/pdf
- Primary Topic
- Digital Marketing and Social Media
- Type
- article
- Field-Weighted Citation Impact
- 0.00