Winning the brand relevance competition requires finding the right “must
have,” bringing it successfully to market and then growing the
resulting business. The problem is that success breeds competitors, and
the benefits of pioneering a new category or subcategory can be
short-lived. A key step is to create barriers such as ongoing
innovation, a large group of satisfied or even passionate customers,
proprietary technology and preempted distribution.
The ultimate barrier
is to become the exemplar of the new category or subcategory, the brand
that represents it in the minds of the customers. The exemplar brand is,
by definition, relevant in that it will always be considered when an
option from that category or subcategory is sought.
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