Abstract
Consistency in a brand position and execution over time provides the potential to own positions and symbols and to achieve significant communication cost efficiencies. In the face of these advantages, why are there so few Marlboros and Maytags? One reason is that pressures on brand strategists to change positions and executions can lead to unwise decisions. These pressures can be caused by managers' mindsets and strategic misconceptions. Managers tend to be action oriented, to have high (sometimes unrealistic) aspirations, and to lack ownership of current strategies. Strategic misconceptions can include the beliefs that a newly developed strategy is ineffective, that a new paradigm has emerged, that a superior position/execution can be found, and that customers are bored.
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1David A. Aaker, the E. T. Grether Professor of Marketing Strategy at the Haas School of Business, University of California, Berkeley, has published over 80 articles and 10 books including ‘Managing Brand Equity’ which has been translated into seven languages. His latest book is titled ‘Building Strong Brands’. Professor Aaker has had best article awards in California Management Review and the Journal of Marketing. David is an active consultant and speaker on brand equity throughout the world.
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Aaker, D. Resisting temptations to change a brand position/execution: The power of consistency over time. J Brand Manag 3, 251–258 (1996). https://doi.org/10.1057/bm.1996.5
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DOI: https://doi.org/10.1057/bm.1996.5