Versuchen GOLD - Frei
The New Challenges of Brand Management
MIT Sloan Management Review
|Spring 2025
In the digital age, brand is signaled by marketers, but meaning is cocreated with consumers.
The image and meaning a brand conveys have never been entirely within the owner’s control; they have always been in dialogue with the world around them. 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. 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.
Historically, brands have been used as a proxy for quality and a basis for differentiation to aid consumption decisions. Merchants used to mark their wares with brands to distinguish them from similar goods offered by others — the origin of the trademark. By the 19th century, European governments had provided businesses with a clear path to legally secure their brand marks and combat imitators. In 1876, the British brewery Bass & Company became the first business to register its mark to become a “legal mark” protected by law; Coca-Cola would follow nine years later. This was the first evolution of brand, from “trademark” to “legal mark.”
As consumers recognized the provenance of products that bore a particular legal mark, they began using these marks as a guide for quality to aid their product selection process. This inspired companies to use suggestive selling techniques to help consumers choose their brands over those of their competitors — what we call
Diese Geschichte stammt aus der Spring 2025-Ausgabe von MIT Sloan Management Review.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON MIT Sloan Management Review
MIT Sloan Management Review
Assess What Is Certain in a Sea of Unknowns
Understanding what won't change clarifies what might — and strengthens decision-making in volatile times.
13 mins
winter 2026
MIT Sloan Management Review
Ask Sanyin: Why Is It So Hard to Pull the Plug on a Project?
We're finding it difficult to wind down projects that no longer serve our priorities.
2 mins
winter 2026
MIT Sloan Management Review
Integrate Sustainability and Innovation to Find New Opportunities
Five common innovation practices can help leaders pursue sustainability as a growth strategy.
12 mins
winter 2026
MIT Sloan Management Review
The Case for Quiet Corporate Activism
Leaders concerned that they will be penalized for championing sustainability and diversity can still sustain their commitments.
11 mins
winter 2026
MIT Sloan Management Review
The Perils of Algorithmic Pricing
Some revenue management systems based on algorithms may lead to unintended collusion and antitrust violations.
9 mins
winter 2026
MIT Sloan Management Review
Broadening Future Perspectives at the Bank of England
Leaders at the U.K’s central bank sought to broaden their thinking about future risks and opportunities. Here’s how they built longer-term horizon-scanning capabilities and what they learned along the way.
9 mins
winter 2026
MIT Sloan Management Review
How Nesting Changes Platform Strategy
Should your platform host another platform — or be hosted by one? Here's how to think through the choices.
14 mins
winter 2026
MIT Sloan Management Review
Are You an Authentic Leader or an Authentic Jerk?
Leaders who are true to their values can inspire trust and respect, but not if \"being yourself\" becomes the problem.
13 mins
winter 2026
MIT Sloan Management Review
How to Make Scenario Planning Stick
Developing future scenarios can deepen leaders’ strategic insights. Establishing scenario planning as an ongoing capability and reaping its full benefits require linking it to other processes.
16 mins
winter 2026
MIT Sloan Management Review
A Faster Way to Build Future Scenarios
This streamlined approach to scenario planning incorporates AI and helps managers navigate future uncertainties more efficiently.
13 mins
winter 2026
Listen
Translate
Change font size
