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Brand Development and Brand Strategy  215

        brand is positioned in the marketplace and what circumstances contributed
        to the achievement of this current position (Arnold 1992). The areas
        analyzed during this step include
          1. The current brand image, i.e., What is the perception of the brand in
             the marketplace? This analysis can be done by using a customer
             survey (Chap. 4). The following types of questions should be included
             in the survey:
             • How is the company’s brand perceived?
             • What associations are linked with the brand?
             • Why do customers like the brand? Why do customers not like the
               brand?
             • How does a company’s brand differ from competing brands?
             • What benefits do customers get from the brand?
             • Has the company’s brand changed over time? If yes, how?
             • For different market segments, does the company’s brand image
               differ? If yes, then how does it differ?
             • Does the company’s brand have a personality? If yes, then what is it?
             • What are the intangible attributes and benefits of the brand?
             In assessing the current brand image, it is important that customer
             research include a study of not only product-related attributes but also
             of nonproduct-related attributes, such as organizational association,
             brand personality, brand-customer relationships, and emotional and
             self-expressive benefits.
          2. The fundamental values of the brand, i.e., What does the brand stand
             for? Is it for fun, luxury, or an active lifestyle? What is the heritage
             of the brand? Besides studying the current image of the brand, it is
             important to understand the heritage of the brand. Any surviving
             brand has some reasons why it survived; it must have done
             something right. Many brands get into trouble because they deviate
             from their heritage. Arbitrary changes in brand identity may hurt a
             brand more than help it. The answers to such questions as, Who were
             the early pioneers of the brand? How did it originate? What was the
             brand image when it first started? can help to understand the brand
             heritage.
          3. Links and associations to other brands. Some companies offer several
             brands of products or services. In this case, a change in one brand position
             may affect other brands offered by the company. So the brand position
             decision should not be made in isolation. Each brand should have well-
             defined roles, and all brands offered by the company should work together
             in a synergistic manner.
          4. The strengths and weaknesses of product and service offerings and the
             capabilities of the organization, i.e., What is the organization good at?
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