The New Challenges of Brand Management

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The New Challenges of Brand Management

By Marcus Collins | MIT Sloan Management Review Magazine | Spring 2025 Issue

Extractive Summary of the Article | Listen

3 key takeaways from the article

  1. While marketers painstakingly craft brand messages and creative campaigns intended to appeal to their target customers, it’s the customers who actually make meaning and, consequently, shape a brand’s reputation. 
  2. In the social media age, that meaning has become ever more freighted with cultural and political implications, not only for brand image but also for customers’ own identities and reputations. This newly mediated discourse between consumers and brands has created new challenges for contemporary brand managers to not merely steward a brand’s communication and intellectual property but also manage the brand’s meaning as consumers themselves shape the meaning of the brand to relate to their own identities.
  3. It’s not enough to trust that your product performs well or that your customers are emotionally connected to the brand; today, that “love” is conditional. Consumers want to know where the brand stands on social issues; they want it to pick a side to ensure that their consumption is congruent with their representation of self.

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Topics:  Marketing Strategy, Business Model, Social Media, Brand Love, Social Constructionism