57 Brand Haikus

Brand Haiku #19: Why Brands Fail


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When the brand fails, the business fails—because customers buy brands not companies.
There is a recognized set of failure-factors for brands:
Customers have more contemporary choices
A discontinuous innovation enters the category and the market
The functional and emotional benefits of ownership have lost their significance
When business declines—invest in the brand.
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57 Brand HaikusBy Joseph Benson