A house of brands is a company that markets and sells products under various brand names, each with its own distinct brand identity. A branded house, on the other hand, is a company that markets and sells products under a single unified brand name, with all products sharing a common brand identity. Both approaches have their own pros and cons, which will be discussed in this essay.
One of the main advantages of a house of brands is that it allows a company to appeal to a wider range of customers. By offering a variety of brands, each with its own unique identity and target market, a company can cater to a more diverse set of consumer needs and preferences. This can be particularly beneficial for companies that operate in industries with multiple segments, such as the consumer packaged goods industry.
Another benefit of a house of brands is that it can reduce the impact of individual product failures on the overall company. If one brand experiences a downturn in sales, it can be offset by the success of other brands within the company. This can provide a measure of stability for the company and reduce the risk of financial losses.
On the other hand, one of the main drawbacks of a house of brands is that it can be more expensive to maintain multiple separate brand identities. This can include costs associated with marketing and promoting each brand individually, as well as the development of unique packaging and branding materials.
A branded house, on the other hand, has the advantage of being able to leverage the strength and reputation of a single unified brand. This can lead to increased brand recognition and loyalty among customers, as they can easily identify and associate all products under the brand with the same values and qualities.
Another advantage of a branded house is that it can be more cost-effective, as all products can share a common brand identity and marketing efforts can be focused on a single brand rather than multiple separate ones.
However, a branded house approach also has its drawbacks. If one product within the brand fails, it can have a negative impact on the reputation and sales of all other products within the brand. This can lead to a decline in overall brand equity and financial losses for the company.
In conclusion, both a house of brands and a branded house approach have their own pros and cons, and the best approach for a company will depend on its specific goals, target market, and industry. Companies should carefully consider their options and choose the approach that best aligns with their overall business strategy.
Choosing the right Brand Architecture Type & Strategy (with Examples)
All companies with a portfolio of brands have a Brand Architecture, but the question is do they have a Brand Architecture Strategy? When this happens, businesses may choose to market their different brands by using a brand architecture strategy, which defines the relationships between their various products. In addition, it can create confusion as to who the leading company is, its true identity, and what they stand for. Perhaps the most important factor is the market or markets in which your company operates. In some markets, it might be beneficial for you to retain an existing brand instead of incorporating it under a branded house. The question is, which house should your business reside in, the House of Brands or the Branded House? A company that markets as a Branded House is expressing its value proposition in a single, unified voice. In fact, selling the brand will more than likely require the sale of your entire portfolio of products since they all share the same brand name.
House of Brands vs. Branded House: What's the Difference?
Often cited examples of the Branded House model include John Deere, Harley Davidson and Virgin. For example, a technology company that sells laptops and desktop computers may choose to brand these products under the parent company because they have many similarities and consumer trust translates between products. With consistent naming, positioning, and messaging strategy, you can understand how all the elements of your brand link together, and in turn, your customer can better understand you. The clearer your messaging, the stronger your customer connection. Most established alcohol beverage companies have historically operated as a house of brands.
Healthcare Marketing Strategies: Branded House vs. House of Brands
What your content strategy looks like will differ based on the brand strategy you choose. Branded House: The Pros There are many benefits of using a branded house strategy in terms of creating brand management strategies, building brand awareness, and Enjoy More Efficient Brand Management Strategies Since a branded house involves one leading brand, creating and executing a marketing strategy will be a much more streamlined process. Private Label: Pros When you purchase your products from a manufacturer and then put your logo on them before you sell, you have a private label. Undoubtedly, one of the largest drawbacks of private labeling is that your success depends mostly on A lot of businesses trip up when their manufacturer becomes unreliable or fails to create products with consistent specs. A rule of thumb is that the more farfetched the category is from the parent, the closer to Endorsed Brands you should go. In many cases, patients will feel like this is more transactional and are searching for some form of an established relationship. In addition to an organization brand and many sub-brands and endorsed brands, they may also have some stand-alone brands.
The Advantages and Disadvantages of Using Each Brand Architecture
Brand architecture is so aptly named. As time passes, established brands can also become boring. Who will judge the quality and success of your efforts? You have to analyze your portfolio and choose the type that fits you best. This strategy is not without pitfalls. If you want to learn more about building a scalable digital marketing framework, read our guide, Private Equity Digital Marketing Playbook for High-Growth Multi-Location Businesses. Who will be involved in the decisions? Virgin is the overarching brand and consists of numerous sub-brands, including Virgin Airlines, Virgin Mobile, Virgin Records, and recently Virgin Galactic, etc. House of Brands Pros There are many benefits to having a house of brands rather than a branded house.