Learn Strategic Brand Management
Brand Equity In Question
Strategic Implications Of Branding
Brand And Business Building
From Private Labels To Store Brands
Brand Diversity: The Types Of Brands
The New Rules Of Brand Management
Brand Identity And Positioning
Launching The Brand
The Challenge Of Growth In Mature Markets
Sustaining A Brand Long Term
Adapting To The Market: Identity And Change
Growth Through Brand Extensions
Handling Name Changes And Brand Transfers
Brand Turnaround And Rejuvenation
Managing Global Brands
Financial Valuation And Accounting For Brands
The brand must therefore be thought of as a concept, whose meaning unifies the products and distinguishes them from the competition. It is only expressed through its products, communications and activities in stores and other aspects. It is important to understand the overall system set-up, by mapping all the products seen as expressions of the brand, placed according to their distance from the central values of the brand. In Figure below, we have mapped out the current Mars system. This exercise is necessary to avoid a common pitfall: a system that is empty at its centre.
Organisation of Mars masterbrand and products
It is possible, in fact, for everyone to be conscious of the values of the parent brand (also known as the masterbrand) but for no product of the range to assume these values 100 per cent and become the prototype. What is often found is a situation where the brand has three distinctive facets A, B and C; certain products carry value A, others B, and the third group facet C. This situation, however, does nothing to build the brand up with values A, B and C.
The brand is not an average, the sum of disparate discourses. It is built up in image and sales through successive products. These must be bearers of all the core values. Admittedly it is possible to place a stronger emphasis on this or that facet, but all the facets must be well and truly present. Thus the premium line ‘Club de Lacoste’ does indeed emphasise elegance, but also activates the two other central brand values, comfort and naturalness.
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