Branding Strategies for Multi-Product Categories

Fortune 500 companies across the globe utilize brand positioning strategies to protect their numerous brands from external market forces, as well as to unify brands in order to enhance consumer associations and perceptions.

The process of developing brand architecture is a strategic one, based on identifying threats and creating strong corporate bonds amongst brands that work to mitigate the risk of brand failure. These risks can come from not only consumer preferences, but market fragmentation, competitors, and the pressure to extend existing brand recognition across multiple products. With threats like these in an ever-expanding and competitive global marketplace, companies with weak brand infrastructures will struggle to compete.

Here are the four most common brand positioning strategies, shown in the infographic below created by Hanover Research.


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1 comments:

Elena Lynch said...

Waav!! very well said and very well written. I enjoyed reading this article. The sentence "With threats like these in an ever-expanding and competitive global marketplace, companies with weak brand infrastructures will struggle to compete." is exactly correct and I hope brand identity is very very important in terms of business and competition. Cheers....

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