A Stretch Too Far: The Challenge Of The Master Brand
Timothy Munoz Prophet
In the marketing firmament, no star shines brighter than the corporate master brand. General Electric, Disney, Virgin, Mercedes, Coca-Cola, FedEx, Starbucks and Wal-Mart are all among the master brands that seem to have it all: reputational capital, a track record of high performance, respected management teams, a unique culture, and the essential element of all successful brands a clear and distinct promise to the marketplace.
However, as more and more marketers are experiencing, to maintain the value of a corporate master brand, companies must...