Branding Beyond Martha
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Read about this issue on Reuters.com Analysts appear to be predicting a continuation of Martha within the Martha Stewart Living brand. What is interesting about this from a branding perspective is that Martha has paved the way for a revolution in "home/lifestyle" brands that will make her ability to stay connected with the brand more complicated. |
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She has paved the way for a very fiercely competitive marketplace for products and content in this category.
The fact is that when Martha started her pitch more than 20 years ago, people did not have near the hunger for the array of lifestyle content as they do now. Combined with the maturation of specialized media channels such as cable and custom publishing - there are just far more Martha's (and Martins) out there ready to push their way to the top spot. The hard reality is that positioning a brand like Martha Stewart Living away from Martha is costly and risky. The safer choice would be to hang onto the existing equity and ride the storm. However, we can count on a flurry of competitive challenges along the way and don't be surprised if we think of a new face a couple of years from now when asked who you would trust for entertaining advice. |
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