A strong brand will audaciously pave the way into new territories.  

Could your brand box above its weight?
Or does it struggle to pull its weight in one market, let alone others?

A potent brand has the propensity to extend into new business domains, where lesser-known brands will fail. It can be the multiplier that a business needs to grow disproportionately at a faster rate.

Many small companies couldn't globalise. However, if there is demand for their brand, there is the potential to license that brand to offshore manufacturers. A company can leverage a brand to stretch across the world.

Look at franchises. Since 1948, McDonald's has grown the Golden Arches brand to 24,500 McDonald's restaurants in 115 countries.* The McDonald's brand has paved the way for a profitable multiplicity.

Despite fighting a reputation for super-sizing kids, McDonald's is ranked the eighth most valuable global brand. The McDonald's brand accounts for more than 70% of shareholder value.**

*Source: "The Tears of a Clown", Sunday Star-Times (13 April 2003).
**Source: "Best Global Brands" Interbrand 2008.

BRRanson's Audacity