{"id":32445,"date":"2020-12-22T03:52:27","date_gmt":"2020-12-21T20:52:27","guid":{"rendered":"https:\/\/adsmo.vn\/giai-phap\/chien-luoc-quan-ly-rui-ro-thuong-hieu\/"},"modified":"2025-02-21T10:55:28","modified_gmt":"2025-02-21T03:55:28","slug":"brand-risk-management-strategy","status":"publish","type":"page","link":"https:\/\/adsmo.vn\/en\/giai-phap\/brand-risk-management-strategy\/","title":{"rendered":"Brand Risk Management Strategy"},"content":{"rendered":"\t\t
In the process of building and developing a brand, businesses cannot avoid risks that can potentially cause damage to the brand, whether they come from subjective or objective factors. <\/span><\/p>\n Brand risks are understood as incidents and uncertain factors beyond the control of brand managers. These risks can hinder brand management activities, leading to certain losses for the brand and the business.<\/span><\/p>\n In building & developing a brand, brand managers only focus on performing activities pure brand building strategy <\/a> will easily encounter risks during the implementation process due to uncertain factors from inside and outside. This is a mistake that many businesses in Vietnam often make in the process of brand management and have to pay a very high price with the reputation of the brand.<\/span><\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t The business’s brand does not convey the right message, or is misleading to the target customers, causing unnecessary confusion. The brand identity is not unified when developed, and is not registered for protection in the market.<\/span><\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t Anyone familiar with economic, financial, and brand risk management understands that political, cultural, and social change factors are a macroeconomic factor that directly affects markets in general, and brands in particular. Whether unintended or intended, political, legal, cultural, and social associations have a clear effect of diluting and risking a brand’s reputation. <\/span><\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t Businesses that are not capable of managing brand characteristics cause inconsistent elements that harm the business and conflict in conveying messages to the community and society.<\/span><\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t Businesses lose their own distinct values \u200b\u200band have no advantage over competitors in the market. In the long run, brand assets will be worn out and degraded.<\/span><\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t With the development of digital advertising, brand managers have less and less control over the advertising landscape, but instead consumers. Businesses face the risk of media crises, image tarnishing, loss of reputation in the market, negatively affecting the brand, which can directly push the company to the brink of bankruptcy.<\/span><\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t Under pressure to drive revenue, companies have become addicted to opportunities to expand their brand portfolios through mergers and acquisitions, new product introductions, and product line extensions. How new brands are integrated into existing ecosystems\u2014what is known as brand architecture strategy\u2014is often more ad hoc than strategic and planned. These ad hoc architectures can be high-risk, and managers often underestimate them. But many miscalculations result in both the existing brand being weakened, the inherent characteristics of the business being fragmented, and the new brand architecture failing.<\/span><\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\tBRAND RISKS THAT BUSINESSES MAY ENCOUNTER<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/i><\/span>\n\t\t\t\t\t\t\t\t<\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\tRisks in the Brand Design Process<\/a>\n\t\t\t\t\t<\/h3>\n\t\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/i><\/span>\n\t\t\t\t\t\t\t\t<\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\tRisks due to cultural, political, legal and social factors<\/a>\n\t\t\t\t\t<\/h3>\n\t\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/i><\/span>\n\t\t\t\t\t\t\t\t<\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\tRisks in Brand Identity Management<\/a>\n\t\t\t\t\t<\/h3>\n\t\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/i><\/span>\n\t\t\t\t\t\t\t\t<\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\tRisks in Brand Asset Management<\/a>\n\t\t\t\t\t<\/h3>\n\t\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/i><\/span>\n\t\t\t\t\t\t\t\t<\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\tRisks in brand promotion activities<\/a>\n\t\t\t\t\t<\/h3>\n\t\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/i><\/span>\n\t\t\t\t\t\t\t\t<\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\tRisks in brand extension activities<\/a>\n\t\t\t\t\t<\/h3>\n\t\t\t\t\t