The Sears-Kmart merger hopes to fabricate some sort of silver lining for both retailers but instead seems to embody the inevitable philosophy of "going down together." Kmart, an already sinking ship, certainly worsens conditions for Sears, and Sears does not have a strong enough current to keep Kmart afloat when there are enterprises like Wal*Mart and Target constantly blasting holes in the stern with brand messages of "smart and classy."
On the opposite end of the branding spectrum, Nike sits at the top of the todem and watches the plethora of other brands struggling beneath. Nike is the only brand of shoe for which people are willing to pay two to three times more just to bear the swoosh emblem in the gym. Nike is the only athletic brand creating new and original advertising (i.e. the Nike Pro Apparel "Warriors" campaign) while Adidas, Reebok, Puma, New Balance, and countless others attempt to "be like Mike" and copycat concepts to boost their market share. In reality, Nike only becomes more powerful and valued despite the efforts of brand emulation.
Before Sears merged with Kmart, Sears carried several Nike products, shoes, clothing, a few sporting goods...etc. However, when Sears announced the agreement with Kmart, Nike announced to Sears that they would no longer be needing their shelves. If Sears was opening up to Kmart, Nike was closing off to Sears. There is a simple equation and contingency of Nike's brand conservation.
Kmart is known for "lower quality, but dirt cheap," and Nike is a premium, high quality brand that can inflate prices based on brand equity and reputation.
What can brands like Sears and Kmart learn from brands like Nike?
Unfortunately not much can be accomplished at this point because when it comes to brand, this market does not allow much time and space for second chances let alone acts of desperation. Nike "got it" from the beginning, and continues to grow their market share by being the father ship. Consumers can see themselves inside the Nike brand and feel a sense of pride and confidence. Sears and Kmart cannot even even make consumers feel like consumers. Being loyal to these brands feels more like a public service.
Molly Sunderdick
Brand Strategist
Stealing Share, Inc.





Develop an effective benefit message and you're well on your... Read More
This week I spent a few hours with a highly... Read More
Building a product into a brand leader is not easy,... Read More
Mascots are the unique dolls or puppets that help identify... Read More
Big and Yellow 'M' reminds you McDonalds... 'DELL' with oblique... Read More
7 Qualities Of A Strong Brand:1. Commands premium pricing while... Read More
I was chatting with a couple of friends, all of... Read More
Ever see an amazing band perform and wonder why you've... Read More
To begin, let's define "Brand Identity," which is the combination... Read More
My first year as a Cyberpreneur was a steeplearning-curve. I... Read More
Pressure washing companies often miss what we call 'super niche'... Read More
"Just do it." "We try harder." "The Ultimate Driving Machine."... Read More
Conjure up in your mind broad rolling meadows with runs... Read More
Ever had one of those conversations where you wondered what... Read More
If you own a web-based business, you're probably aware of... Read More
Branding is one hot topic, although it is wildly misunderstood.... Read More
Successful Guru marketers have a secret weapon that they use... Read More
The absolute foundation of your small business is your image.... Read More
The one thing that everyone has in common is that... Read More
What's in a brand name? Everything! Think of these brands:... Read More
A list of customers who have previously bought from you... Read More
Move over pop star "Posh Spice" Adams and English soccer... Read More
As many people know Industry Trade Journals in America have... Read More
There have always been trademark issues and lawsuits in the... Read More
What's Your Brand?A brand is a product/company personality that helps... Read More
Many businesses of today are often driven to compete striclty... Read More
Branding Services is a tactic that marketing executives and managers... Read More
The so called 'globalisation' has cluttered the world markets with... Read More
Make A Bold Promise Then Back It Up With An... Read More
I love Pepsi. It's that slightly sweeter taste and the... Read More
Propose success, demand performance, and brand your market with appeal.... Read More
Feel that? The crisp tingle in the air? It's fall.... Read More
Conjure up in your mind broad rolling meadows with runs... Read More
What's Your Brand?A brand is a product/company personality that helps... Read More
One of the critical drivers of business success is having... Read More
You bet a name is important. Many small business owners... Read More
Americans have always liked their coffee hot. But then Starbucks... Read More
...or Is My Brand Working?To measure the impact and effectiveness... Read More
Do you have the architecture in place to make sure... Read More
Over regulation of our free markets is stifling our growth... Read More
Branding is one hot topic, although it is wildly misunderstood.... Read More
Today, in many organizations around the world, branding is treated... Read More
Colour is essential to building a strong brand.Many of you... Read More
What's in a brand name? Everything! Think of these brands:... Read More
What does it mean to be remarkable?Brian Scudamore, CEO and... Read More
Branding is perhaps the most important facet of any business--beyond... Read More
Last issue, I talked about increasing your Brand Love-- meaning... Read More
Adored, respected and coveted by customers and organisations alike, corporate... Read More
After more than a decade since the last attempt to... Read More
The Sears-Kmart merger hopes to fabricate some sort of silver... Read More
|
|