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1847 Goedeker to Undergo Strategic, Unified Rebranding Process

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1847 Goedeker Inc. (GOED), the largest online retailer of household appliances in the U.S., has engaged Capsule for a strategic rebranding process. This initiative aims to unify its dual brand names, Goedekers and Appliances Connection, into a single brand to enhance customer engagement. CEO Doug Moore emphasized the importance of a coherent brand identity for operational growth and improved consumer recognition. Capsule will assist in reviewing and refining the company's brand and messaging strategy to align with its long-term goals.

Positive
  • Engagement of Capsule for strategic rebranding to unify brand identity.
  • Potential for increased customer awareness and engagement through a single brand.
  • Strengthens Goedekers' position as the largest online retailer of household appliances.
Negative
  • None.

BALLWIN, Mo., July 14, 2021 /PRNewswire/ -- 1847 Goedeker Inc. (NYSE American: GOED) ("Goedekers" or the "Company") and its Appliances Connection Business, the largest pure-play online retailer of household appliances in the U.S., today announced it has engaged Capsule to lead its strategic organizational rebranding process.

Capsule is a boutique firm that has served clients as a faithful editor for over 20 years, assisting with branding, company identity, messaging, and overall marketing strategy to produce tangible outcomes. Goedekers currently operates under two names, Goedekers and Appliances Connection, and is now undergoing the necessary process to transform into a singular brand.

"As our operations continue to grow, we find it paramount to operate under a single brand entity to help engage customers and stakeholders throughout every step of their journey with us," stated Doug Moore, Goedekers' CEO. "Capsule has historically provided clients with step-by-step strategies to better align messaging with long-term goals. We at Goedekers are excited to bring this brand identity expertise to the table alongside their suite of consumer insights and activation strategies to better inform current operations while increasing customer awareness and recognition."

Under this scope, Capsule will work with Goedekers to review the brand name, brand identity, visual identity system, and consumer messaging strategy. This strategic brand review will be aimed at providing a platform that will accelerate the Company's goal to change the way Americans buy appliances across the nation. 

About 1847 Goedeker Inc.
1847 Goedeker Inc. is an industry leading e-commerce destination for appliances, furniture, and home goods. Through its June 2021 acquisition of Appliances Connection, Goedekers created the largest pure-play online retailer of household appliances in the US. With warehouse fulfillment centers in the Northeast and Midwest, as well as showrooms in Brooklyn, New York, and St. Louis, Missouri, Goedekers is a respected nationwide omnichannel retailer that offers one-stop shopping for national and global brands. Goedekers and Appliances Connection carry many household name-brands, including Bosch, Cafe, Frigidaire Pro, Whirlpool, LG, and Samsung, and also carries many major luxury appliance brands such as Miele, Thermador, La Cornue, Dacor, Ilve, Wolf, Jenn-Air, Viking among others and sells furniture, fitness equipment, plumbing fixtures, televisions, outdoor appliances, and patio furniture, as well as commercial appliances for builder and business clients. Learn more at www.Goedekers.com.

About Capsule
For over 20 years Capsule has served as a faithful editor in the stories of legendary brands. Whether it's fleshing out brand narratives that rival the classics, putting a fresh cover on an age old tale or illuminating a brand's voice through reflecting their values. www.capsule.us

Forward Looking Statements

This press release contains "forward-looking statements" that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as "anticipate," "believe," "contemplate," "could," "estimate," "expect," "intend," "seek," "may," "might," "plan," "potential," "predict," "project," "target," "aim," "should," "will" "would," or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on 1847 Goedeker Inc.'s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the section titled "Risk Factors" of the reports that we file with the Securities and Exchange Commission. Forward-looking statements contained in this announcement are made as of this date, and 1847 Goedeker Inc. undertakes no duty to update such information except as required under applicable law.

Contacts:

Mike Houston
Lambert & Co.
646-475-2998
mhouston@lambert.com 

Cision View original content:https://www.prnewswire.com/news-releases/1847-goedeker-to-undergo-strategic-unified-rebranding-process-301333213.html

SOURCE 1847 Goedeker Inc.

FAQ

What is the purpose of Goedekers engaging Capsule for rebranding?

The engagement aims to unify the brand identity of Goedekers and Appliances Connection to enhance customer engagement.

When was the press release about Goedekers' rebranding issued?

The press release was issued on July 14, 2021.

How will the rebranding affect Goedekers' business operations?

The rebranding is expected to improve customer recognition and engagement, potentially leading to operational growth.

What company is leading the rebranding process for Goedekers?

Capsule is leading the strategic rebranding process for Goedekers.

Why does Goedekers want to operate under a single brand?

Operating under a single brand is seen as paramount for enhancing customer and stakeholder engagement.

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