Growing a
brand is a process. From conception to process improvements, documentation, refinement and then rapid growth. It demands a massive amount of energy, resources, and focus. Once your brand is recognized and you've acquired a loyal customer base, the next significant challenge is managing expansion. Expanding too quickly without a consistent strategy can dilute your brand's image. Expanding with a seasoned team behind you and a solid plan can make you brand iconic. In this month's market profile,
National Sign Team is looking at two brands that have expanded into Florida and have managed to achieve rapid growth while maintaining their core essence.
Huey Magoo’s
transformation over the years is nothing short of remarkable. From a modest count of less than five stores when Howard took over the reins, the
brand witnessed an exponential rise in its footprint. By the end of 2021, the brand had already expanded its presence to 20 stores. But 2022 marked an even more exceptional journey for
Huey Magoo's, as it doubled its footprint to 40 units and celebrated its 50th milestone by September.
The brand's upcoming grand opening on October 3 in Asheville, North Carolina, epitomizes its expansion vigor. Today,
Huey Magoo's flavorful chicken concept can be relished across eight states: from Florida to Ohio, capturing the palates of the Southern and Midwestern states.
When it comes to setting ambitious growth targets,
Portillo's stands out prominently. From an already impressive count of 600 units, the hot dog chain has set its sights on an astounding 920 future units. This vision comprises 800 full-sized restaurants, supplemented by 120 alternative formats offering the convenience of pickups, walk-ups, and more. Their roadmap underscores the brand’s conviction in its product and its strategic approach to growth.
The energy that drives expansion can sometimes blur the brand's essence. Rapid growth demands not just opening new outlets but ensuring that each outlet resonates with the brand's core identity. If managed improperly, it can lead to a fragmented brand image, potentially alienating loyal customers and confusing new ones.
Maintaining brand consistency is paramount during expansion. From the colors, logos, in-store experiences, to the quality of products, every detail matters. Brands must ensure that every new store or unit feels like an integral part of the larger brand family. Signage, in particular, plays a pivotal role. It's often the first interaction customers have with a brand, and it needs to communicate the brand's message consistently, regardless of the location.
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