Saturday, April 19, 2014

Brand Update : Cadbury India to be rebranded as Mondolez India, What it means to brand Cadbury

According to Economic Times report, Cadbury India is going to be rebranded as Mondolez India. This was predicted after the iconic company was taken over by US based Mondolez International. It is interesting for a brand enthusiast as to see how this affect the iconic brand - Cadbury.

Cadbury has a huge equity in India and is consistently rated high in most of the brand ratings in terms of trust and popularity. So what happens to Cadbury after the company is renamed to Mondolez.

Firstly, Cadbury after the re-naming of the company will no longer be a corporate brand. Then what will it be ?
If one looks at the brand architecture of products from Cadbury India, Cadbury acts as the brand endorser for most of the products - whether it is 5 star or Dairy Milk or Shots. Cadbury thus extends its powerful equity to all the chocolate brands from its stable. So powerful is the equity that when Mondolez launched its Oreo biscuits, it chose to endorse the brand with Cadbury .

Cadbury had its equity derived from the rich heritage dating back to 1824 . The brand has grown to an iconic status through the brands like Dairy Milk. So this is one of those family brands which derived its equity through the success of the brands it endorsed and also as a leader in the chocolate category. As a corporate , Cadbury became strongly associated with chocolates and became the world's second largest confectionery company. 

In my opinion, although the Cadbury has lost its status as Corporate brand, it will be retained by Mondolez India as a family brand which endorses the chocolate products from its stable. 
While earlier, Cadbury earned its equity in the capacity of a corporate brand ( being the largest, most respected confectionery company) that source is now lost because it is no longer a corporate brand. So from where will the brand gets its equity from ?  Now since Cadbury is no longer a corporate brand, Mondolez needs to create new sources of equity for this iconic brand. Cadbury needs to be nurtured as a family brand and the company no longer can take the strength of this brand for granted. If it is going to be relegated as logo on the pack of the products, that will be  a sad state for an iconic brand. 

2 comments:

  1. Anonymous12:07 AM

    I cant believe they are trying to replace this iconic brand...fond memories of the brand, i still remember the kya swaad hai campaign with the girl going out on the cricket field.
    It would be sad if Cadbury is just retained as a logo, maybe Mondolez should have a strong rebranding excercise like Binaca is now Cibaca sorts or more recently like the Hutch-Vodafone transition, retaining the essence and all the good campaigns, especially the pug, but slowly change the name.

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  2. Amazing post... Keep up the first-class work… ought to have appreciation for informative post!

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