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There are exceptions to every law including the laws of marketing. The law of exceptions. What about General Electric?. GE is 112 years old. GE got rid of all businesses where it wasn’t No. 1 or No. 2. GE competes with other conglomerates: ABB, GM, Siemens, United Technologies.
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There are exceptionsto every law includingthe laws of marketing. The law of exceptions.
What about General Electric? • GE is 112 years old. • GE got rid of all businesses where it wasn’t No. 1 or No. 2. • GE competes with other conglomerates:ABB, GM, Siemens, United Technologies. • GE uses other brands. NBC, for example. • GE failed in tomorrow-type products. Computers, for example.
When you expand a brand,you weaken the brand. The law of expansion.
Volkswagen’s downhill drive. Percentage of U.S.import market
Volkswagen went upmarket. Automotive News, January 14, 2002.