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4201 Lien Rd., Madison WI 53704 PH: 18005337533 FAX: 16082221447 accounts receivable thermastor.com www.Thermastor.comCREDIT APPLICATION Trade ReferencesCompanyNameAddress CityStatePhoneAddressZipFaxPhoneEmailFaxPrincipal(s)Contact
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01
Define your main brand: Start by identifying your main brand, the brand that will serve as the foundation for the family of brands.
02
Determine brand hierarchy: Decide on the hierarchy of your family of brands. This could be a parent brand with multiple sub-brands or a combination of sibling brands.
03
Develop brand guidelines: Create clear and comprehensive brand guidelines that outline the visual identity, messaging, tone, and other elements for each brand within the family.
04
Differentiate the brands: Ensure that each brand within the family has a distinct identity and value proposition. Differentiation can be achieved through unique positioning, target audience, product offerings, or brand personality.
05
Communicate the brand relationship: Clearly communicate the relationship between the main brand and the sub-brands, highlighting any parent-child or sibling relationships. This can be done through branding elements such as logos, naming conventions, or messaging.
06
Implement consistent branding: Maintain consistency across all brands within the family, ensuring that visual elements, messaging, and brand personality align with the defined brand guidelines.
07
Monitor and adapt: Regularly evaluate the effectiveness and performance of each brand within the family. Make necessary adjustments and adapt the brand strategy as needed to maximize brand equity and achieve business goals.

Who needs a family of brands?

01
Companies with diverse product lines: A family of brands is beneficial for companies that offer multiple product lines or categories. It allows them to create distinct brand identities for each line, catering to different target audiences and market segments.
02
Companies with brand extensions: If a company wants to extend its brand into new categories or markets, a family of brands can help maintain brand coherence while allowing for brand differentiation.
03
Companies targeting multiple customer segments: A family of brands helps companies reach and engage with different customer segments more effectively. Each brand can be tailored to resonate with a specific target audience, increasing customer loyalty and market share.
04
Companies with merger and acquisition strategies: When companies merge or acquire other brands, a family of brands can help consolidate disparate brands under a unified brand architecture. It provides a framework for managing and leveraging brand assets.
05
Companies aiming for brand diversification: For companies looking to expand their brand portfolio and enter new markets, a family of brands provides a strategic approach to diversification while maintaining brand consistency and equity.
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A family of brands is a marketing strategy where a company offers multiple related products or services under a single overarching brand.
Companies or organizations that have multiple related products or services under a single brand are required to file a family of brands.
To fill out a family of brands, companies need to provide information about each related product or service, their relation to the overarching brand, and any unique selling points.
The purpose of a family of brands is to create a unified identity for related products or services, capitalize on brand recognition, and increase market share.
Companies must report details about each product or service, their target audience, marketing strategies, and any partnerships or collaborations within the family of brands.
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