The Customer Trap and Brand Destruction
Andrew R. Thomas and
Timothy J. Wilkinson
Chapter Chapter 2 in The Customer Trap, 2015, pp 13-26 from Springer
Abstract:
Abstract The Customer Trap can lead to the destruction of many vital parts of a business. The power that a Mega-Customer is able to wield simply overwhelms the strategic toolkit of its supplier. As the Mega-Customer gains leverage, the producing firm loses control over its destiny and is soon nothing more than a colony serving the needs and wants of its colonial master. Once this happens, it is almost impossible to regain control. This is probably nowhere more easily seen than in the area of branding. The scope and magnitude of a deal with a Mega-Customer can quickly erode the brand equity of individual products and services. Ultimately, it will ruin the overall brand image of a company.
Keywords: Wall Street Journal; Brand Equity; Brand Image; Private Label; Mass Market (search for similar items in EconPapers)
Date: 2015
References: Add references at CitEc
Citations:
There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-1-4842-0385-9_2
Ordering information: This item can be ordered from
http://www.springer.com/9781484203859
DOI: 10.1007/978-1-4842-0385-9_2
Access Statistics for this chapter
More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().