Four Ways To Grow A Brand
January 30, 20243 min
In theory, there are four ways to grow your brand.
NEW THINKING
In theory, there are four ways to grow your brand.
A theme of recent business press writing is brand-business turnarounds. For example, Barron’s, the financial newspaper, points to the successful turnaround at clothing retailer Abercrombie & Fitch. The Wall Street Journal reports on the underway turnaround at VF’s Vans, the sneaker brand-business.
One of my mentors, Chuck Young, once described brand growth to me using the metaphor of how trees grow.
Today let’s focus on ingredient branding, an effective growth strategy under the right conditions.
Standing still means shrinking. Brands must grow. And not only to grow the business. Brands must grow for the business to remain steady.