Brands and the Challenge of Time

The article is adopted from Jean-Noel Kapferer's book entitled 'Reinventing the Brand' He argues that brands are paradoxical - on the one hand they must be they must be consistent and on the other must be able to adapt to constantly changing market.

Brands and the Challenge of Time1

Jean-Nol Kapferer HEC School of Marketing, Paris

In most companies, brand portfolios consist of some new brands and some longer-established not to say older brands. Although the latter are not generally renowned for eliciting passion from marketing departments and young managers, they still account for significant sales and profits in many cases.

Some very old brands always seem up-to-date, while other more recent brands already seem dated: compare, for example, Coca-Cola with Naf-Naf. How can we explain the difference between these brands? The problem resides in the balance between identity...

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