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Avoid brand dilution from "summary" of The 22 Immutable Laws of Branding by Al Ries,Laura Ries
Brand dilution occurs when a brand extends itself too thin, spreading its resources and focus across too many different products or services. This can lead to a weakening of the brand's identity and value in the eyes of consumers. In an attempt to capture more market share or appeal to a wider audience, companies often make the mistake of expanding their brand in multiple directions, ultimately diluting its strength and impact. It is important for a brand to maintain a clear and consistent identity in order to resonate with consumers and build loyalty over time. When a brand becomes too diluted, it can lose its uniqueness and relevance in the marketplace, making it difficult for consumers to differentiate it from competitors. This can result in decreased brand loyalty and market share, as consumers may become confused or indifferent towards the brand. To avoid ...Similar Posts
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