It's Damn Real!
The undisputed, undefeated TNA &
Brian Alvarez was a guest on JR's Ross Report podcast this past week and spoke at short length (they spoke for like 10 minutes after spending an hour discussing the last WWE PPV) about everything going on at TNA right now the cancellation notice with DA, not wanting companies to go under, etc. The usual suspects, really. He went on and on about how if this were any other company in any other industry they'd have been out of business years ago based on never learning to actually be a business because they were just floated by Panda Energy's savior bucks.
But one of the sort of takeaways from the circular discussions we've heard for a month plus now about the company circling the drain was actually a suggestion/question from JR after Alvarezand I'm paraphrasingregarded TNA/Impact's "brand" as "shattered". The term I've been using is "damaged", but perhaps "shattered" is more á propos considering the state the company is in right now. I'm not sure. Linguistically speaking, I'm not sure it matters, but semantics are semantics. Either way, Ross' response was effectively to suggest or ask Alvarez if he thought that a complete re-brand was something they should be thinking about doing, to which Alvarez responded withagain, I'm paraphrasingsomething like "yeah, maybe".
We've had this discussion a few times around here before, in various degrees and angles, so let me say again that I am not at all opposed to re-branding. I know it may have come off that way in the past because I've spoken about things like how TNA has "built in equity" in their name and their existing brand, but there comes a point where what you have invested in your brand may not actually be worth the actual damage to the structure itself. I'd liken it to owning a crappy old apartment building in an up-and-coming neighborhood. The land itself might actually be worth more than the shitty building, which is probably better served being torn down and having something new built on top of it that can rent for greater numbers with happier tenants, even though it means having to pump a lot more money in up front, today for a brighter future tomorrow.
Is TNA there yet? I'm not sure. I don't know if I'll ever be in a position to know with certainty one way or another. But I do know that when I do simple tasks like click "view more comments" on their Facebook posts, or simply view the barrage of responses they get to their Tweets, or view the comments on articles that mention them, their show, their wrestlers, etc. the overwhelming majority of the feedback is brutally negative. The feedback to the company name itself when it's invoked is brutally negative. So maybe it's time? Or maybe it's too little too late?
Again, I'm not at all opposed to re-branding. Not inherently. I think they did a really poor job of it when they went from "TNA iMPACT!" to "IMPACT Wrestling", becuase even to this day it's not clear, no matter how many times its explained (and if you have to explain it, marketing-wise, you've failed) that the company name never changed. That they're still TNA, and the show is IMPACT Wrestling, because the way it's mentioned on broadcasts, that's not the case. Perception is reality, and the perception is that the show, the company, etc. are called IMPACT Wrestling.
Regardless, these things are often spoken about as if you flip a light switch and, voilà brand new show/company. It's really not that simple at all. It takes a truck load of moneyand this is a company who are rumored to not pay their own employees on time, who have reportedly hemorrhaged money in/out for yearsto successfully pull this off. It's more than a new logo and a few new colors. It costs to hire a PR group to write up the press when it's all said and done and get the new message out there. It costs to hire an agency or group to come up with the new company name, logo and the miles and miles of merchandise and collateral it's stamped on. It costs to re-print all those new wrestlers' t-shirts and posters and other apparel. It costs to come up with all new broadcast graphics to run on your television show... which is apparently being cancelled in Q3 of this year.
All-in-all, at least from an outsiders' perspective, it feels like a re-brand at this point is too little too late. But maybe not.
What do you think?
But one of the sort of takeaways from the circular discussions we've heard for a month plus now about the company circling the drain was actually a suggestion/question from JR after Alvarezand I'm paraphrasingregarded TNA/Impact's "brand" as "shattered". The term I've been using is "damaged", but perhaps "shattered" is more á propos considering the state the company is in right now. I'm not sure. Linguistically speaking, I'm not sure it matters, but semantics are semantics. Either way, Ross' response was effectively to suggest or ask Alvarez if he thought that a complete re-brand was something they should be thinking about doing, to which Alvarez responded withagain, I'm paraphrasingsomething like "yeah, maybe".
We've had this discussion a few times around here before, in various degrees and angles, so let me say again that I am not at all opposed to re-branding. I know it may have come off that way in the past because I've spoken about things like how TNA has "built in equity" in their name and their existing brand, but there comes a point where what you have invested in your brand may not actually be worth the actual damage to the structure itself. I'd liken it to owning a crappy old apartment building in an up-and-coming neighborhood. The land itself might actually be worth more than the shitty building, which is probably better served being torn down and having something new built on top of it that can rent for greater numbers with happier tenants, even though it means having to pump a lot more money in up front, today for a brighter future tomorrow.
Is TNA there yet? I'm not sure. I don't know if I'll ever be in a position to know with certainty one way or another. But I do know that when I do simple tasks like click "view more comments" on their Facebook posts, or simply view the barrage of responses they get to their Tweets, or view the comments on articles that mention them, their show, their wrestlers, etc. the overwhelming majority of the feedback is brutally negative. The feedback to the company name itself when it's invoked is brutally negative. So maybe it's time? Or maybe it's too little too late?
Again, I'm not at all opposed to re-branding. Not inherently. I think they did a really poor job of it when they went from "TNA iMPACT!" to "IMPACT Wrestling", becuase even to this day it's not clear, no matter how many times its explained (and if you have to explain it, marketing-wise, you've failed) that the company name never changed. That they're still TNA, and the show is IMPACT Wrestling, because the way it's mentioned on broadcasts, that's not the case. Perception is reality, and the perception is that the show, the company, etc. are called IMPACT Wrestling.
Regardless, these things are often spoken about as if you flip a light switch and, voilà brand new show/company. It's really not that simple at all. It takes a truck load of moneyand this is a company who are rumored to not pay their own employees on time, who have reportedly hemorrhaged money in/out for yearsto successfully pull this off. It's more than a new logo and a few new colors. It costs to hire a PR group to write up the press when it's all said and done and get the new message out there. It costs to hire an agency or group to come up with the new company name, logo and the miles and miles of merchandise and collateral it's stamped on. It costs to re-print all those new wrestlers' t-shirts and posters and other apparel. It costs to come up with all new broadcast graphics to run on your television show... which is apparently being cancelled in Q3 of this year.
All-in-all, at least from an outsiders' perspective, it feels like a re-brand at this point is too little too late. But maybe not.
What do you think?