Leading Brands And Being First In The Mind
Monday, February 1, 2010
Marketing people spend 95 percent of their time on brand maintenance when the real opportunities lie in brand creation.
Look what the iPod has done for Apple Computer. In the first quarter of 2005, Apple sold 5.3 million iPods. This year alone, iPod sales should reach $5 billion. The iPod brand dominates its market segment, accounting for 91 percent of all MP3 players with disk drives.
How do you create a brand like the iPod? It’s simple and at the same time difficult.
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