The royal rebrand
The Royal Family is one of Britain’s most distinctive brand assets (arguably as important as the Premiership, which is also famous and worldwide). And, by watching the royal wedding, we have just witnessed a brilliant bit of rebranding – which is tricky as well-known brands are notoriously hard to change. One of the concerns when doing so is: ‘How far should you go whilst remaining credible and true to the core meaning of the brand?’. Megan and Harry understood this perfectly, and despite this, added fresh meaning to the brand.
Some history helps here (as always when trying to analyse a brand).
Twenty years ago, The Economist predicted that the Royal Family was in trouble. They wrote: “The Queen is a virtuous woman in every way – liberal-minded, good-humoured and devoted to her people… she is nevertheless devoid of flair and imagination. Her new prime minister once played in a rock band. It is hard to see Her Majesty on lead guitar. Set in her ways since early childhood, the Queen has always reigned by the book – and the book is now out of date if not yet out of print.”
This was a time when it seemed that the Queen’s stiff upper lip attitude seemed out of touch after the death of Princess Diana. But when it comes to brand management, the Queen had the better long-term vision. She and Prince Philip stuck doggedly to duty – both working way beyond the years when others would seek a quiet retirement. Tony Blair’s hipness came to be seen as shallow and vain.