Brand Loyalty Management - the new marketing basic

Argues against the old (US) view of marketing, Penetration and Share Maintenance (PSM), in favour of Brand Loyalty Maintenance (BLM).

Brand Loyalty Management - the new marketing basic

Larry Light argues that marketers must focus on creating and reinforcing brand loyalty to build enduring profitable growth

Larry Light

Once upon a time category growth was dramatic. At some point in the past, the mass marketing concept of undifferentiated, unsegmented mass markets was useful. Marketing did not focus on profit; it focused on growing sales and share. It was felt that increasing penetration was the key to success. Then, the mass-market view was appropriate. However, yesterday's marketing models are now simply inadequate to address today's more complex challenges.

The old view...

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