Harvard Business Review
on Brand Management
This
book brings together a number of articles that have appeared in the Harvard
Business Review on the subject of brand management over the last few years. As
such much of the material may not be new if you already read the HBR. This is
not a definitive guide to brand management but the collection of articles and
case studies address some of the key topics in brand management today such as
reacting to private label growth, management of premium brands and line
extensions.
The
two case studies are fictitious examples that illustrate the problems that may
be faced in the area of premium branding and addressing declining sales and
market share. Both are followed by a series of recommendations from
"branding experts." This shows that for either of the problems there
are series of possible solutions that could be adopted individually or together.
One of the areas discussed is whether one measure alone can solve the problem.
Clearly, there is right or wrong answer but the alternatives help the reader to
identify different ways of solving brand management problems.
"Building
brands without mass media" is a particularly interesting article as the
rapid rise in the costs of traditional media means that many brands are looking
for alternative ways to communicate their message. Furthermore, there are many
well-known brands that have been built without resort to heavyweight television
advertising budgets.
This
is a book that can be read easily and still provokes thought, especially in the
case studies. The areas identified are common issues in brand management today
and will be applicable and relevant to many marketers and, indeed, non-marketers
who are looking for a better understanding of the discipline.
Review
by Martin Payne