It all started with the announcement that the price of Marlboro would be lowered twenty cents per pack to contend with cheaper brands who were cutting into their business. Wall street declared that the Marlboro brand was on its way down, along with all other brands. The baby boomer generation also contributed to the lull in the brand business. This generation opted for the better priced products on the shelf rather than the name on the product. The businesses that came out of this lull strong on the other side, and weren’t effecting during, were the businesses that chose advertising over worth every time. In the nineties, the brand became even bigger. A new kind of marketing arose. Now the brand isn’t just attached to a feeling but the name they sell you has a prestige attached to it. Now the brand is a lifestyle, a choice to be included, to belong. The brand no longer means quality, but
It all started with the announcement that the price of Marlboro would be lowered twenty cents per pack to contend with cheaper brands who were cutting into their business. Wall street declared that the Marlboro brand was on its way down, along with all other brands. The baby boomer generation also contributed to the lull in the brand business. This generation opted for the better priced products on the shelf rather than the name on the product. The businesses that came out of this lull strong on the other side, and weren’t effecting during, were the businesses that chose advertising over worth every time. In the nineties, the brand became even bigger. A new kind of marketing arose. Now the brand isn’t just attached to a feeling but the name they sell you has a prestige attached to it. Now the brand is a lifestyle, a choice to be included, to belong. The brand no longer means quality, but