Big, Small, & Connected Brands: a new framework
By Filip Lau and Katy Osborn
It’s long been common practice for brands to assess themselves against industry competitors. But what happens when a company asks consumers to assess their brand?
1. The insight
Brands assess themselves against industry rivals – for consumers, the reality is more nuanced. When evaluating the brands in their lives, people instinctively sort them into three cross-industry categories: big brands, small brands, and connected brands – each carrying a distinct set of expectations.
2. The consequence
Too many brand failures are category failures: brands don’t know which type of brand they are in consumers’ eyes and therefore fail to meet the expectations that come with it.
3. The framework
This article presents a diagnostic framework for identifying your primary brand category and a self-assessment for determining whether you are meeting – or falling short of – the expectations that come with it.