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Introduction
Brand extension, co-branding and other associative techniques together with an increasingly communicative environment are resulting in an increasingly complex set of networks and relationships between brands, with singular and multiple relationship forms. There are two key perspectives on these complex relationships, that of the customer and that of the brand owner, i.e. what is seen at the point of transaction and what is expressed by the various brand constructors. Two key perspectives on brand relationships are used that of the customer and that of the brand owner, to describe and discuss an analytical classication of these relationships
We commence by reviewing the sources of brand meaning and how brand meaning is understood before investigating how recent developments in networks and communications affect these concepts and the managerial issues that arise, and then develop a matrix to classify and better understand brand relationships.
In order to fully understand the meaning of a brand relationship, one must assess the total set of associations that are perceived by customers, and the total set of relationships between the brands. Further, that these associations must be considered together to assess their collective or aggregate effect on brand meaning.
Business Network
Consistency in brand communications is important in building and maintaining a strong brand image, but often a brands ultimate presentation to customers at the point of purchase is in the control of a retailer rather than the manufacturer or brand owner that context (such as retail) could create conditions in which customers relied more on external cues and less on previously formed attitudes the service brand acted as a relationship lever or fulcrum on which trust was built between consumer and service provider
The nature and management have been considerably changed in recent years through the adoption of new communications technologies. The interactions between customer and customer, and between business and business, are represented as network associations in Figure 2, and the distance between customer and brand is represented as interaction.
Conclusion
conceptual synthesis of work on the dynamics of brand networks and the dynamics of business relationships with particular attention to new business environments, and has proposed a framework for better understanding the networks and associations between brands.