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New Branding ChallengesNew Branding Challenges
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Brands are important as everBrands are important as ever
–Consumer need for simplificationConsumer need for simplification–Consumer need for risk reductionConsumer need for risk reduction
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Brand management is as difficult asBrand management is as difficult aseverever
–Savvy consumersSavvy consumers–Increased competitionIncreased competition–Decreased effectiveness of traditionalDecreased effectiveness of traditionalmarketing tools and emergence of newmarketing tools and emergence of newmarketing toolsmarketing tools–Complex brand and product portfoliosComplex brand and product portfolios
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