Published Jul 31, 2023

Prof G Markets: Twitter’s Rebrand to X, Mattel’s IP Playbook, and What’s Next for Snap

Scott Galloway delves into the strategic intricacies behind Mattel's cinematic universe ambitions post-Barbie surge, critiques the pitfalls of Twitter's rebrand to X, and explores Snap's precarious market position and potential acquisition by giants like Disney and Apple.
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  • Twitter Rebrand

    Twitter's rebranding to X has sparked significant debate over its impact on brand equity. argues that this move could be one of the biggest failures for a company of Twitter's size, as it risks losing consumer equity, which is crucial for brand recognition 1. criticizes the new X logo, comparing it unfavorably to a condom wrapper, and highlights the confusion it creates in the digital space 2.

    This will go down as one of the kind of the biggest failures of a company of this size. It just makes absolutely no sense.

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    The rebranding has also led to a loss of familiar terminology, with terms like "tweet" and "thread" becoming obsolete, further complicating user experience 2.

       

    Rebrand Analysis

    The discussion extends to a broader analysis of successful and failed rebrands. notes that while some rebrands like Google to Alphabet were strategic, others, such as Datsun to Nissan, caused confusion and took years to recover from 1. points out that the HBO Max rebrand to Max was initially considered a poor decision, but Twitter's rebranding to X has surpassed it in terms of negative impact 2.

    Oftentimes changes are just for simplification or for M and a reason. So Apple computer has just gone to Apple. That makes sense, right?

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    These examples highlight the delicate balance required in rebranding efforts to maintain consumer trust and brand identity.

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