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The Truth About Creating Brands People Love
book

The Truth About Creating Brands People Love

by Brian D. Till, Donna Heckler
October 2008
Beginner to intermediate
224 pages
3h 33m
English
Pearson
Content preview from The Truth About Creating Brands People Love

Chapter 42. Beware of the allure of brand extensions

The secret to building a great brand is consistency and focus. However, this can be terribly difficult to do. As soon as a brand does well, companies like to take the brand and extend the name to many other products. In theory, it is understandable. Why spend significant dollars building a new brand when there is a perfectly fabulous brand sitting there and waiting to be leveraged? By extending the brand, consistency and focus are typically lost. However, what is the long-term cost of slowly deteriorating a brand versus the immediate savings from not having to create a completely new brand? Is it better in the long run to build a new brand from scratch or develop a brand extension?

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Publisher Resources

ISBN: 9780136064336Purchase book