We don't typically dabble in the open markets nor glean our research metrics from it. This past summer, however, as we were embarking on a rebranding initiative for Descartes, I wanted to track their stock price throughout the brand and website launch. So I kept an close eye on the ticker through the fall months as the branding rolled out and through the winter months as the website launch grew near. And I have to admit, I got pretty geeked out and excited as I watched the literal value of branding play out in real time and in the market.
Obviously, with a global company as dynamic as Descartes there are a lot of factors in share price besides branding. Still, what I found was super exciting. After a slow, gradual upward climb filled with incremental changes over the course of a few months, the stock price leaped 10% the week after the new site launched! (That's essentially a $54.4 million increase in market cap!) Coincidence? Maybe. But maybe not, too! The stock price has since leveled off, indicating that something has sustainably added 10% to the value of the company. The image below is a screen grab from my Stocks widget in Dashboard. See that dramatic uptick in the beginning of March? That's the week following the site launch! Seems like a pretty solid ROI, no?











