Back in '09, Tropicana unveiled a snazzy new look for their top-selling Tropicana Pure Premium. But uh-oh, consumers weren't feeling it. Sales plummeted by a cool 20%, losing Tropicana a whopping $30 million! 😬
So, what's the deal? Tropicana made folks scratch their heads when they rebranded. Remember, folks, the rule is, 'Don't make people think.' Customers used to spot the brand a mile away, but now they had to pause and wonder, 'Is this still my trusty Tropicana?' Guess what? Competitors pounced on that confusion!
And now, my dear Rishi Tea – once the elegant standout with its fancy texture – decided to join the camouflage party with the cheaper brands. 🍵
How much moolah Rishi loses thanks to this fancy makeover? Time will tell, but remember the golden rule: If you're a brand heavyweight, tinkering with your look can be a costly caper! 💰✨