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AbsoluteBRAND Newz
View AbsoluteBRAND's
latest news and research regarding Brand-Building Efforts,
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Industry News
Success is only
momentary. To maintain the value of your brand you must know and
understand the underlying drivers of its success. To understand
your brand is to understand that markets constantly change.
Today's successes may be tomorrow's failures.
Consider Arthur Andersen's brand. A few years ago, Arthur
Andersen was one of the top professional service firms in the
world touting itself as "a pioneer in bringing global best
practices to the marketplace." Now the firm is a mere
shadow of its former self in terms of workforce and reputation.
The Arthur Andersen brand value has plummeted.
A brand is a dynamic, ever-changing asset and its dynamics and
drivers of value must be attended to constantly to make the most
of its potential. To create and build your brand, you must identify and understand
the underlying change factors, or drivers, of your brand's
value.



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