Brand Failures

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290 <strong>Brand</strong> failures For the Levi’s brand itself, the solution, as with so many other troubled brands, may involve a recovery of its original values. Indeed, there are signs that this is already happening. In 2001, the company paid out US $46,532 for the oldest pair of the Levi’s blue jeans in existence, named the Nevada Jeans, when they were advertised on eBay. A few months later the company launched a limited edition of 500 replicas, which were sold almost as soon as they appeared in special Levi’s concept stores. Only time will tell if this Vintage collection turns out to be a symbolic gesture of the brand’s new direction. Lessons from Levi’s Intensify, don’t multiply. Instead of accentuating its core brand values, Levi’s has confused jeans buyers with an apparently limitless array of different styles. As brand expert Al Ries has put it: ‘In the long term, expanding your brand will diminish your power and weaken your image.’ Focus on your strengths. If Levi’s stands for anything it stands for ‘the original jean’. In order to fully recover it will need to consolidate and strengthen this identity. Don’t look down on your original brand. When Levi’s launched the Silvertab range it fell into the same trap as Coca-Cola when they launched New Coke. As branding expert and journalist Ian Cocoran has pointed out, ‘Levi’s now seems to have a real problem in convincing the consumer that ownership of the previously indomitable red label still represents sufficient kudos to command exclusivity.’
Tired brands 291 98 Kmart A brand on the brink One of the United States’ largest chain of discount stores, Kmart filed for bankruptcy on 22 January 2002. The action came after poor Christmas sales and the company’s inability to pay its major suppliers. The bankruptcy filing was viewed by the US business media as the culmination of a series of mistakes under Kmart’s CEO Chuck Conaway, who took over in May 2000 and launched a US $2 billion overhaul to clean up dingy stores and improve the company’s outdated distribution systems. These distribution flaws had led to many of Kmart’s most publicized ranges not being found by customers. For instance, when Martha Stewart launched her ‘Keeping’ line of brand merchandise exclusively for Kmart in June 2000 she had to tell customers: ‘If you’re frustrated, keep looking.’ While facing an uphill battle with distribution, Conaway embarked on a price war, challenging rival stores Wal-Mart and Target on price. The tactic failed. Wal-Mart fought back even more aggressively, Target sued, and Kmart sales remained disappointingly stagnant. Conaway was also criticized for drastically cutting Kmart’s advertising spend. Analysts believe he should have used advertising to tell consumers about the expensive clean-up operation. Kurt Barnard, publisher of Barnard’s Retail Trend Report said: I was very apprehensive when Chuck inherited Kmart and its creaky operations. But he did the right thing by diverting hundreds of millions
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Brand Failures
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Brand Failures Matt Haig
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Contents 1. Introduction 1 Why bran
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Contents vii 6. Culture failures 15
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4 Brand failures didn’t matter. A
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6 Brand failures market for which i
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8 Brand failures without trace are
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Some brand failures have proved so
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14 Brand failures competitor. As it
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16 Brand failures In other words, C
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18 Brand failures Lessons from New
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20 Brand failures among employees t
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22 Brand failures years previously
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24 Brand failures Mustang was the s
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26 Brand failures 3 Sony Betamax Ac
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28 Brand failures and retailers, wh
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30 Brand failures 4 McDonald’s Ar
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32 Brand failures Lessons from Arch
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34 Brand failures
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36 Brand failures up with the idea
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38 Brand failures Factor two: cool
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40 Brand failures 6 Sony’s Godzil
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42 Brand failures the possible exce
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44 Brand failures 7 Persil Power On
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46 Brand failures But the advantage
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48 Brand failures easily, Pepsi rem
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50 Brand failures 9 Earring Magic K
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52 Brand failures Lesson from Earri
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54 Brand failures on it,’ wrote B
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56 Brand failures Clearly if Corfam
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58 Brand failures been officially r
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60 Brand failures ‘There are risk
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62 Brand failures 13 Oranjolt The d
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64 Brand failures 14 La Femme Where
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66 Brand failures patronizing. This
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16 Clairol’s ‘Touch of Yoghurt
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18 Maxwell House ready-to-drink cof
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20 Thirsty Cat! and Thirsty Dog! Bo
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Barron’s Dictionary of Business T
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Extension failures 77 21 Harley Dav
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Extension failures 79 making up the
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Extension failures 81 Keep it tigh
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23 Crest Stretching a brand to its
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Extension failures 85 ‘No toothpa
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Extension failures 87 24 Heinz All
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Extension failures 89 Lessons from
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Extension failures 91 the no-nonsen
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Extension failures 93 Have a core
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Extension failures 95 In the mid-19
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Extension failures 97 every brand -
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Extension failures 99 sales rose to
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Extension failures 101 However, amo
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Extension failures 103 29 Chiquita
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Extension failures 105 A brand is
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31 Ben-Gay Aspirin Ben-Gay is anoth
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33 Smith and Wesson mountain bikes
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35 Lynx barbershop Lever Fabergé,
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37 LifeSavers Soda Invented in 1912
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39 Frito-Lay Lemonade Frito-Lay is
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It can be expected that brands will
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PR failures 121 40 Exxon Don’t sa
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PR failures 123 including the clean
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PR failures 125 environmentalists,
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PR failures 127 the public. [. . .]
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PR failures 129 42 Perrier’s benz
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PR failures 131 common purpose thro
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PR failures 133 Lesson from Pan Am
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PR failures 135 In addition, Snow B
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PR failures 137 45 Rely tampons Pro
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PR failures 139 Lessons from Rely
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PR failures 141 As Gerber saw it, a
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PR failures 143 regarding youth mar
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PR failures 145 buying about 40 per
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PR failures 147 Be sensitive. By s
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PR failures 149 Remember that comp
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Brands operate on a global scale. B
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156 Brand failures of the Bombay St
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158 Brand failures Coca-Cola. The
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160 Brand failures Lessons from Kel
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162 Brand failures Translation trou
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53 Schweppes Tonic Water in Italy I
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55 Electrolux in the United States
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57 Coors in Spain Coors beer had eq
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59 Clairol’s Mist Stick in German
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61 American Airlines in Mexico When
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63 Kentucky Fried Chicken in Hong K
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176 Brand failures ment. Pretty soo
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178 Brand failures 65 Quaker Oats
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180 Brand failures Lessons from Sna
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The people behind a brand are its m
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People failures 185 66 Enron Failin
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People failures 187 67 Arthur Ander
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People failures 189 68 Ratner’s W
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People failures 191 met comedians w
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People failures 193 was out, Planet
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People failures 195 is wrong to lea
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People failures 197 had lost the su
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People failures 199 tortilla brand
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Brands, like people, have a fear of
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Rebranding failures 205 73 Consigni
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Rebranding failures 207 of the name
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Rebranding failures 209 74 Tommy Hi
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Rebranding failures 211 style that
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Rebranding failures 213 in the Repu
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Rebranding failures 215 former secr
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Rebranding failures 217 Lessons fro
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Rebranding failures 219 neighbours
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79 British Airways When British Air
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CHAPTER 9 Internet and new technolo
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226 Brand failures now believe bran
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81 Pets.com In the mid-1990s, when
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Internet and new technology failure
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Page 247 and 248: Internet and new technology failure
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Page 270 and 271: 262 Brand failures The $600-million
Page 272 and 273: 264 Brand failures Lessons from Old
Page 274 and 275: 266 Brand failures interview. ‘An
Page 276 and 277: 268 Brand failures 91 Ovaltine When
Page 278 and 279: 270 Brand failures 92 Kodak Failing
Page 280 and 281: 272 Brand failures tive strategy if
Page 282 and 283: 274 Brand failures 93 Polaroid Live
Page 284 and 285: 276 Brand failures launch of its SX
Page 286 and 287: 278 Brand failures ‘was that they
Page 288 and 289: 280 Brand failures 94 Rover A dog o
Page 290 and 291: 282 Brand failures 95 Moulinex Goin
Page 292 and 293: 284 Brand failures 96 Nova magazine
Page 294 and 295: 286 Brand failures The cycle of lau
Page 296 and 297: 288 Brand failures As with most bra
Page 300 and 301: 292 Brand failures to the stores in
Page 302 and 303: 294 Brand failures One argument was
Page 304 and 305: 296 Brand failures market is 18-24
Page 306 and 307: 298 Brand failures 100 Yardley cosm
Page 308 and 309: 300 References
Page 310 and 311: 302 References Malmsten, E, Portang
Page 312 and 313: 304 Index candour see honesty Capit
Page 314 and 315: 306 Index ideas failures 71, 82 hea
Page 316 and 317: 308 Index and extension 93 New Coke
Page 318: 310 Index Taiwan 163 tampons 137-39
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Brand Failures

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