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Metropolitan Corporate Counsel
June 2003
Brand Management Strategies: 10
Key Points
By Mary J. Hildebrand and Jacqueline Klosek
This article is the second part our series on the management of intellectual property assets (“IP Assets”).
The first part of this series focused on the management of IP Assets generally. In this part, we address
the development, maintenance and growth of brands in connection with distinct products and services
– in essence management of a trademark portfolio. Specifically, through this article, we present ten key
points to be considered when developing and implementing a brand management strategy. Of course,
strategic branding programs are highly specific to industries. As such, the following key points should be
adapted as necessary to suit one’s particular product and service line.
1. Establish and Maintain the Brand
As a threshold issue, it will be extremely important to establish and maintain the brand. When
doing so, the adoption of a holistic approach, or an “overall brand strategy” is recommended. Such
overall brand strategy should be implemented with full recognition that the brand may traverse
numerous different product lines and geographic regions. Adopting an overall brand strategy also
requires recognition that brands are significant to both the traditional retail and the online market.
THE BRAND
Various
Geographic Various vertical
regions markets
Accomplishing an overall brand strategy requires close coordination between the licensor and
licen
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