Symptoms of an unhealthy brand
by Dave Dolak
Some warning signs of an unhealthy brand are:
- Your brand's sources of equity have vanished
- Through the course of natural evolution and growth of your organization, certain brands in your portfolio no longer foster the organizational mission or fit in with overall business strategy
- The investments you make in your brand cannot be justified based upon the level of revenue and profit that brand returns to your organization
- Nobody within your organization can seem to succinctly articulate your brand's core values or concisely state its unique selling proposition
- Your brand is promising more than your organization can consistently deliver
- Your brand has gotten a bad reputation and new, unwanted associations have been made by consumers
- Your brand's identity seems dated or old-fashioned
- Competing brands now hold the leadership positions in the category
- Your brand is not reaching out to new, younger consumers and your brand is aging right along with your customers
- The promises of value your brand makes no longer resonate or remain relevant
- Your market has moved beyond your brand
- Your brand managers are at least second or third generation managers who were not in your organization or near the brand when the brand was created
- You do not understand who your brand's most valuable customers are or why they choose your brand
- Sales are slumping and so are profits
If you recognize any of these warning signs, it might be time to take a closer look at your brand or perform a brand audit to help ensure your brand's health and longevity.
Copyright 2006, Dave Dolak. All rights reserved.
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