If you’ve been catching whiffs of nostalgia on your latest grocery runs, you’re not alone. In recent years, a growing number of companies have been bringing discontinued brands back from the dead.
Other recent revivals include Odwalla smoothies, Diet Cherry Coke, Dunkaroos, and Hydrox.
Why revive a dead brand?
By relaunching familiar old brands, companies are able to bypass the expensive and time-consuming development process of building a brand from scratch, and endowed with built-in name recognition, while both indulging nostalgic consumers and attracting new ones.
But brand revivals come with their own challenges, and not all are successful…
Risk it for the biscuit
… In fact, Mike Kostyo, a food-and-bev industry consultant, told Food Dive the number of successful brand relaunches are few.
Challenges can include recreating a product’s formula and sourcing the tech to make it — but the biggest hurdle, industry experts told Food Dive, is modernizing the product to attract new customers while honoring the way legacy customers love and remember it.
The bottom line: Brand revivals can be tricky to pull off, but with the endless stream of new products launching — and failing — every year, you can trust that companies will continue to shoot their shots.