Pulse January / February 2020 | Page 43

Pulse: Let’s start with a big question: in a nutshell, why did Red Door’s leadership feel that it was time for a rebrand? Todd Walter: Red Door Spa has been operating under separate ownership from the Elizabeth Arden product company since 1992, under an exclusive global license from Elizabeth Arden. We’ve obviously been growing the business since then—there were only two locations open at that time—and we’ve increased the number of locations to 26. Part of the challenge we’ve been facing for the past several years is that, under the terms of that license, we were required to carry all of the Elizabeth Arden products and to run all of our marketing, advertising and messaging through their marketing department for approval. We were wanting to go in a different direction. Over the past several years, we’ve been marketing to a younger consumer, but we’ve been somewhat restrained by Elizabeth Arden and the marketing direction that they wanted to go. And we found that among younger consumers there was a tremendous brand awareness about Red Door and Elizabeth Arden, but there was also a misperception that the brand wasn’t for them: that it was their mother’s brand or even their grand- mother’s brand. We wanted to be appealing to that consumer, but it was difficult to overcome the preconceptions that they had. first place because they recognized the brand name, but what brings them back are the quality of the service and the experience they receive from the individual service providers. So, we felt that given the strength of the relationships between our service providers and our guests, our service providers would continue to take good care of those guests and reassure them that this is a positive change, even though there was some risk associated with our rebrand. We also felt that a rebrand would free us up to be more appealing to other prospective customers and allow us to be more inclusive. As we know from the ISPA research, men are one of the fastest-growing segments of spa-goers, but the Elizabeth Arden and Red Door brands were really thought of first and foremost as feminine brands. So, we were missing out on half of the population. “There was also a misperception that the brand P: So, you decided to rebrand. What came next? How did you land on the core values of what the new brand would be? W: The core values of the new brand are the same core values that we had as the Red Door. Who we are, what we do and what our people believe in hasn’t changed. What we wanted was a brand that better reflected what our core values and beliefs are. As an example, Elizabeth Arden is a product company and first and foremost about beauty. That’s certainly a big part of our business, but over half of our business is also about self-care, wellness and wellbeing. As we were trying to attract prospective customers, they saw Elizabeth Arden as beauty and not about compre- hensive self-care. As for the actual rebranding, we worked with a branding agency who helped us develop the brand name “Mynd Spa & Salon.” The spelling of it was very inten- tional. It was driven by our belief that everybody’s self-care journey is unique. What you’re trying to accom- plish or what I’m trying to accomplish are probably different things. We wanted the name to be reflective of the fact that our spa is really driven by the consumer; our expertise comes into play by listening to what they are looking to accomplish and then helping facilitate that. wasn’t for them: that it was their mother’s brand…. We wanted to be appealing to that [younger] consumer, but it was difficult to overcome the preconceptions that they had.” P: So, it was driven by a desire to move past those preconceptions? W: That was part of the driver. The other big thing is that we believe that having clean beauty products is essential, and we weren’t able to bring in those kinds of products under our license agreement. We’re very focused on offering cruelty-free products with consciously sourced ingredients. We reached the conclusion that—despite the recognition and 109-year heritage—that we would be better off changing our brand name, and that the oppor- tunities outweighed the risks. P: How was Mynd able to minimize those risks? W: We’ve recognized that our guests are just as loyal—or even more loyal—to the individual service provider than the umbrella brand. They may have come to us in the JANUARY/FEBRUARY ■ PULSE 2020 41