Business Daily Media

Men's Weekly

.

The evolution of a brand: A time for recalibration and celebration

  • Written by Yesh Munnangi, CEO at Rome2Rio

In a world that is constantly changing and evolving, businesses must keep up with the times to remain relevant, competitive and to showcase their growth. Undergoing a brand refresh can signal to stakeholders that the company is looking to the future and is committed to growth and innovation. It can also help businesses differentiate themselves from their competitors and build stronger brand recognition and loyalty.

In the travel industry, where technology and consumer preferences are constantly changing, businesses must adapt quickly to remain relevant. At Rome2Rio, we recently went through a brand refresh, with an update to our logo. This new logo pays tribute to our heritage while celebrating our community of global travellers, signalling the next phase of growth for us. But what does this transformation mean for our future, and what does it say about the trends in the travel industry?

The state of the travel industry

The travel industry has undergone significant changes in the past few years, with the COVID-19 pandemic causing major disruptions. As countries around the world went into lockdown and travel restrictions were imposed, it ground to a halt. However, as restrictions were lifted, there was a rebound in travel intent with people itching to scratch their wanderlust. Last year, McKinsey & Company predicted that the travel industry will recover to pre-pandemic levels by 2024 and our recently released Mobility Report shows we’re on track to achieving this, with searches on the website having increased by 133% between Q1 2019 and Q1 2023.

With the current global economic downturn affecting many industries, the transportation sector included, we’re bound to see changes to the way people travel. Whilst we don’t see a slowdown in travel, we will see consumers begin to prioritise saving costs, transport providers having to adapt to rising fuel costs and pilot/driver shortages. At the same time, technology is altering travel habits and sustainability as a travel consideration is gaining more weight. It’s up to businesses to now shift their perspectives to stay ahead of the curve and cater to the evolving needs of the industry and its customers.

Why a brand refresh, and why now?

After over a decade of providing travellers with easy and hassle-free planning, we believed now was the right time to make a change and celebrate our milestones at the same time. In 2022 alone, we achieved over 50 million monthly visitors, 200 million monthly page views, and over 475 million yearly visitors. The brand refresh is the catalyst to announce Rome2Rio’s next phase of growth, as we look to launch a range of new features to further enhance the user experience.

Honouring the company’s roots while also celebrating our global community of travellers, the new logo was created to be an instantly recognisable look, associated with the easy travel planning experiences of Rome2Rio.

Maximising the customer experience

The new logo is designed to be simple and effective, using two interlocking pins on a map to reflect the start and endpoint of a traveller’s journey and how Rome2Rio connects them. The tick in the middle provides positive reinforcement and reminds users of the satisfaction of checking off an item on a travel planning to-do list. The logo's geometric shapes mirror the company's ethos of providing a simple, hassle-free travel experience to users.

The move away from the previous cursive script was a deliberate move to maximise the logo's readability for our diverse global user base. As more than 50% of Rome2Rio's users are not native English speakers, the new logo's simplicity and readability are paramount.

The travel industry is rapidly evolving, and companies must adapt quickly to remain relevant. A brand refresh can help companies showcase growth, innovation, and differentiate themselves from their competitors.

With customer expectations continuing to evolve, our brand refresh puts us in a position to adapt and innovate to meet the changing market trends and consumer preferences.

By Yesh Munnangi, CEO at Rome2Rio

 

Minns Labor Government shutting down the Business Connect program

The NSW Opposition is concerned that the Labor government will shut down a support program that has assisted New South Wales businesses. In a media ...

Samsara Eco appoints Dr. Lars Kissau as General Manager for Asia

Australian biotech innovator Samsara Eco has announced the appointment of Dr Lars Kissau as its first General Manager of Asia. Based in Singapore...

From the first bounce to the final siren - small business lessons from the AFL Grand Final

The AFL Grand Final is one of the most anticipated days on the sporting calendar. This Saturday, the Geelong Cats and Brisbane Lions will battle i...

Australia’s top finance leaders recognised as CFO role expands

Amid surging regulatory demands and rapidly evolving industry, Australia’s most influential Chief Financial Officers will be honoured at the inaug...

Why outdated security leaves small businesses exposed to crime

Small and medium businesses in Australia are under increasing pressure to address security gaps that criminals readily exploit. An unlocked door, an...

Why it’s time telcos rethink location and put customer experience first

Maurice Zicman, Vice President - CX Strategy at TP in Australia unpacks why the telco industry must rethink old assumptions and focus on digital-f...