The 2020 Mid-Year Economic Update_long

Mitigating the Risks of Private Label

This article looks at the most common mistakes distributors make in private label and how they can protect their brand in the marketplace with successful branding.
 
It does not really matter what you call it -private label, private branding, store brand, white label, proprietary brand -coming through on the implied promise of quality or experience that comes with the product line should be front and center. Unfortunately, many distributors who have ventured into private label have not kept a sharp focus on a branding strategy and the risks if not done right.
 
Brand management, says Evergreen Consulting's Brent Grover, involves creating, growing and protecting a product or group of products sold under a particular name. Here are keys to successful branding, ...

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