
Change to grow
The key
criteria for brand consolidation is
growth. Without risk. Or with risk you can
manage.
If you consolidate brands without
unnecessary risk to customers, revenues
and profits, you win.
If you consolidate brands to
generate
resources in order to strengthen
your investment and marketing thrust,
you win.
(Marketers traditionally think of consolidation as a cost-side reduction, and
that's true. But consolidation actually is a better way to liberate your
best brands and generate cash so you can invest and expand aggressively
with brands that win.)
If you grow and expand the new brand to attract prospects you didn't have before, while protecting existing customer franchises and improving channel relationships, you win resolutely.
Organize your consolidation criteria to make success possible:
Look for growth and expansion opportunities
Identify risk you can manage, or eliminate
Protect existing customer relationships
Improve and enhance dealer and channel relationships
Build a platform (and a culture) for on-going growth
and development.
If you
satisfy these criteria, congratulations. You have a consolidation
mandate.
You also have a vigorous new future for your brand.
Or brands.
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Consolidation lets you apply powerful
torque to the brands you select for growth.
And consolidation liberates cash and other resources to help make growth happen