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Brand Relevance: Making Competitors Irrelevant - always yours

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CREATING BARRIERS 295<br />

In some cases, of course, there is no brand that steps up to the<br />

exemplar role. In that case, the brand needs to be perceived as a<br />

credible option for the emerging category or subcategory and create<br />

a strong link to it. One way to make the connection is simply<br />

by brute force, to use advertising, packaging, or sponsorships<br />

to connect the brand and the new category or subcategory. That<br />

has been done but can be diffi cult and expensive because the<br />

audience may have inadequate reason to process information and<br />

learn connections.<br />

This chapter has discussed examined the four routes to creating<br />

barriers to competition. The next chapter will examine the<br />

threat of losing relevance for an established brand as new categories<br />

or subcategories emerge and the challenge of gaining relevance<br />

into an established category.<br />

Key Takeaways<br />

Creating categories or subcategories is expensive, risky, and<br />

stressful to the organization. The payoff for those that succeed<br />

will depend on the competitive barriers that fi rms can create.<br />

The higher the barrier, the greater the immediate profi t fl ow and<br />

market momentum. Among the barriers:<br />

• Creating investment barriers, such as proprietary technology<br />

or capabilities, superior execution, scale economies, brand<br />

equity, brand networks, and a loyal customer base<br />

• Owning a compelling benefi t or benefi ts by becoming the<br />

most authentic brand, by fostering visible credibility, by<br />

becoming a moving target, or by branding the innovation<br />

with a branded differentiator<br />

• Having a customer relationship going beyond functional<br />

benefi ts that is based on involving the customer with the

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