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Home > Business & Economics > Decision Making & Problem Solving > The Brand Bubble: The Looming Crisis in Brand Value and How to Avoid It
The Brand Bubble: The Looming Crisis in Brand Value and How to Avoid It
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The Brand Bubble: The Looming Crisis in Brand Value and How to Avoid It
How to use brands to gain and sustain competitive advantage

Companies today face a dilemma in marketing. The tried-and-true formulas to create sales and market share behind brands are becoming irrelevant and losing traction with consumers. In this book, Gerzema and LeBar offer credible evidence--drawn from a detailed analysis of a decade's worth of brand and financial data using Y&R's Brand Asset Valuator (BAV), the largest database of brands in the world--that business is riding on yet another bubble that is ready to burst--a brand bubble. While most managers still see metrics like trust and awareness as the backbone of how brands are built, Gerzema asserts they're dead wrong--these metrics do not add to increased asset value. In fact, by following them, they actually hasten the declining value of their brands.

Using a five-stage model, The Brand Bubble reveals how today's successful brands--and tomorrow's--have an insatiable appetite for creativity and change. These brands offer consumers a palpable sense of movement and direction thanks to a powerful ""energized differentiation."" Gerzema reveals how brands with energized differentiation achieve better financial performance than traditional brands have. Plus, Gerzema helps readers develop energized differentiation in their own brands, creating consumer-centric and sustainable organizations.



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Title of ebook: The Brand Bubble: The Looming Crisis in Brand Value and How to Avoid It
ISBN: 9780470449394
parent-ISBN: 9780470183878
Publisher: Jossey-Bass
Published: 11-2008
Released online for download: 11-03-2008
Joint Author: Gerzema, John
Joint Author: Lebar, Edward
Foreword by: Stringham, Peter

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The Brand Bubble

The Looming Crisis in Brand Value and How to Avoid It

Chapter One

TULIPMANIA AND INFLATED BRANDS

Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, and one by one! -Charles Mackay

In 1841, Charles Mackay wrote his famous book Extraordinary Popular Delusions and the Madness of Crowds to describe various marketing phenomena. Of special note was his passage on "Tulipmania," an occurrence that took place in Holland in the early decades of the 1600s. The madness began when tulip bulbs imported from Turkey were found to grow extremely well in Dutch soil. The Dutch aristocracy acquired an immense taste for their beauty, and seeing how much could be made from tulips, thousands of average citizens sold their assets and began buying the bulbs. People from all economic classes began trading in tulip bulbs at exorbitant prices. Speculators even took out futures contracts on unplante ... read full excerpt from: The Brand Bubble: The Looming Crisis in Brand Value and How to Avoid It ebook



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