Marketing

Your structured approach to brand management is killing you

For many years now, academics and agencies have been developing scientific models to measure the strength of the brands we build. This is based on the prevailing wisdom that a good brand is one that grows in equity over time. The result is a (very rewarding) sense that the brands we build have intrinsic value in the world – and on company balance sheets.

Building ‘brand equity’ has served us well to this point. There’s some good logic to it that we’re not about to challenge. However, there is something here that’s worth shaking up. It’s the style of brand management practice that has evolved from this prevailing wisdom.

Growing equity in brands

You’re reading a preview, subscribe to read more.

More from Marketing

Marketing4 min read
As CMOs Morph, Agency Strategists Rise
Providing advice about collection, processing, interpretation and meaningful deployment of data has become a common discussion between clients and agencies. However, more than a real necessity aiming at addressing a specific challenge or embracing an
Marketing5 min read
Good Choices, Bad Choices
Milk and sugar? Soy or almond milk? Lift or stairs? By the time we get to the office, we’ve often had to make several choices. Some choices in life are often done on autopilot, some may seem small but turn out to be significant and some are big and d
Marketing4 min readPsychology
Brain Trust
Loyalty is only a by-product of importance, so if your brand loses importance to your customers, they’re as good as gone. Maybe not straight away, but think of them in the long term; why would they keep buying into what you offer and what will keep t

Related