Companies will spend millions to save a dying brand. Sometimes it is better to let
a brand die a natural death. A well-known brand that doesn’t stand for anything
(or represents something obsolete) has no value. VHS is now obsolete because
of digital technology. Kodak is trying to get into the digital photography business
but it may fail. Instead of launching a new brand, Kodak is venturing into a new
field with the Kodak brand name. The inevitable winner in any new category is
always the revolutionary new brand. It isn’t going to be Kodak. What Kodak
needs is to launch a brand-new brand.
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