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#24: How Brands Grow (with Jenni Romaniuk, Research Professor at Ehrenberg-Bass Institute)

World's Greatest Business Thinkers

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The Power of Brand Fame

This chapter explores the significance of brand fame, particularly for businesses in niche markets, and how it can lead to growth opportunities. The conversation emphasizes the importance of long-term branding strategies over immediate sales, underscoring the need for continuous advertising and broad reach to enhance brand recognition. Additionally, it examines the balance between differentiation and distinctiveness, arguing that distinctiveness is crucial for consumer recall, even in competitive landscapes.

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