Many companies have humble origins. Invoice Gates constructed Microsoft out of an Albuquerque storage, whereas Airbnb started with three air mattresses on the ground of a San Francisco loft.
It’s within the nature of success that it takes you away out of your roots. However when your model id is wrapped up in your origin story, progress presents a strong problem to the elemental values your model is thought for.
That is the state of affairs has Airbnb discovered itself in. Now not an trade disruptor, however an trade large, Airbnb has almost outgrown its origin story. So it’s reintroducing us to Rooms: staying with a number, and reestablishing human connection because the soul of Airbnb.
Rising Pains or Identification Disaster
Airbnb’s astronomic rise gives an enchanting case examine in model id, and to an extent they’ve been a sufferer of their very own success. They began out as a disruptor to the normal lodging trade and their peer-to-peer lodging mannequin seemed set to shake up the lodge trade and make journey extra inventive, inexpensive, and community-based than ever earlier than.
However the platform made it extremely straightforward to lease out your entire dwelling, not only a single room inside it. And slowly, Airbnb grew into the very factor it stood in opposition to at its outset — a platform for self-catered lodging, streamlined and classy, positive, however not so completely different out of your common, faceless vacation lodging supplier.
After all, this has not often impacted their income, and the corporate even posted its first worthwhile Q1 this 12 months. However income is one factor, model is one other. And this transformation posed severe challenges to their model id.
Undoubtedly, Airbnb was outgrowing its model. If not addressed, this might create an id disaster that undermines the entire enterprise. An incoherent id confuses prospects, eradicating the emotional tether to your small business and permitting rivals to vie for his or her loyalty.
That’s why the rebranding of Airbnb Rooms, and emphasizing the connection to host and neighborhood, is a genius transfer. It’s a preemptory rebrand that heads off points of brand name id down the road.
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A Return to Roots: Group and Authenticity
So right here’s what Airbnb has performed: they’ve introduced Rooms to the forefront of their enterprise mannequin, giving it a contemporary rebrand that emphasizes Airbnb’s origin story.
Rooms was Airbnb’s authentic product, supplied lengthy earlier than the positioning’s suppliers might set free their entire dwelling. It by no means left the positioning, however as customers most well-liked the privateness of renting an entire dwelling, its significance light.
And in a video launching the rebrand, they’ve performed all the things proper to emphasise the values of authenticity and neighborhood that have been on the coronary heart of the unique Airbnb.
The video introduces us to CEO Brian Chesky, internet hosting a pair at his dwelling. “I felt like this isn’t the Airbnb CEO’s home, that is our new good friend and host for the weekend,” they inform the digital camera.
Brian’s welcoming and private air is on the coronary heart of this rebrand, and who higher than the CEO to embody the human connection that Airbnb is making an attempt to inject into its platform?
Alongside the rebrand of Rooms, Airbnb has launched the “Host Passport” characteristic, letting friends get to know their hosts earlier than they keep. It’s a sensible transfer, that seeks to undermine the awkwardness of staying in another person’s dwelling.
The Host Passport turns the human interplay of a visitor staying with host from a weak spot right into a power and places neighborhood on the coronary heart of the Rooms product.
Airbnb is not a disruptor, it’s an trade influencer, and with Rooms they’re searching for to reclaim an authenticity that connects with their customers. That is particularly essential because the enterprise leans on a youthful demographic for whom authenticity is a key worth in manufacturers they belief.
Resolving Ache Factors
In addition to being an on-brand transfer that highlights their authenticity and disruptor credentials, pivoting to put internet hosting because the soul of Airbnb additionally solves various buyer ache factors and wider points that the enterprise has confronted lately.
Within the strategy of blurring the road between personal residence and vacation dwelling, Airbnb created a brand new market that they couldn’t fairly management. Cities grew to become more and more Airbnb-ified as conventional housing inventory transitioned into lodging for vacationers. Whereas the true influence of this on lease and inequality is up for debate, it’s definitely been a supply of dangerous publicity for the model.
And prospects are more and more discovering the Airbnb expertise no extra hospitable than the normal self-catering mannequin. Inflated costs, extreme guidelines, and over-the-top cleansing charges have pushed some shoppers again into the welcoming arms of the lodge trade.
Re-emphasizing Rooms is a strong branding transfer for Airbnb, but it surely additionally tackles various challenges the enterprise faces. It evades short-term rental legal guidelines being launched to fight whole-home letting and makes the Airbnb expertise extra inexpensive, personable and hospitable for its customers.
The SuN Takeaway
Given the emphasis on Airbnb’s authentic objective, perhaps rebrand is the mistaken phrase for Rooms. It’s not a brand new branding course a lot as reclaiming an previous one — again branding, moderately than rebranding. There’s an essential lesson in right here for each enterprise proprietor: progress and authenticity can discover themselves at odds, and with no coherent story in your entire business trip, you may find yourself outgrowing your model and alienating your prospects.
That is one motive that companies lean on retro or nostalgic model id, like Burger King’s 2021 brand redesign, emphasizing a return to easier substances and easier occasions. However a rebrand that appears backward needs to be genuine. Inserting CEO Brian Chesky, who’s been round because the very starting, on the coronary heart of the rebrand ensures that prospects can see that this actually is about Airbnb’s roots.
So even whereas your focus is on the place your model goes, don’t lose sight of the place you got here from. Your origin story might be the important thing to a continued connection along with your prospects.