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Future Branding
Based on Current Trends
by Allen P. Adamson
to have that second helping of apple pie of alliances that any one brand can form Less is often more
because the first was so good. Over-extend- with any other. Most alliances that are Carefully consider the number of brands
ing your brand is not much different. formed are driven more by short-term you introduce under the same product
name……more is not always better, and there
Brands can stretch too far and the result promotional tactics than by long-term
is a lot to be said for the adage,
can be jarring: erosion of brand equity. strategy. All marketing tactics should be "Keep it simple."
Most brands can probably be stretched into undertaken within the context of a brand
a plethora of categories. But often, brands being a long-term asset. We've moved Unlikely mergers may result in
become stronger when their scope is nar- beyond the "buy some cheese and get free successful new product categories
rowed. The objective is not to "fit" your crackers" approach. Partnering with com- Consider forming alliances with non-traditional
brand into as many categories as possible, petitors of non-traditional companies/ partners. But do so cautiously. Know your audi-
ence as well as your potential partner.
but rather only market your brand into cat- products may enhance the brand's value,
Understand the common elements between
egories in which it can have the necessary but choosing the wrong partner can cause yourself and your partner, and only form
leverage (relevent differentiation) to win in substantial damage. Like people, brands alliances that benefit all parties (your brand,
the marketplace. Remember, successful are judged by the company they keep. So your partner's brand, and most importantly, your
brands do not always beget successful off- in choosing your partners, carefully assess consumer).
spring (who can forget New Coke, or rather, the rub-off, both in short term value and
Increased decentralization, less corporate
who can remember it?). long term brand image.
hierarchy, more collaboration, all require a