in the last few years, a number of companies have engaged in brand pruning efforts with the aim of reducing brand portfolios to manageable sizes.Preference has naturally been give to global brands given their prominent positions.(for example,according to unilever executives,three-fourths of the company's business comes from 20 global brands.)many local brands are being evaluated according to their potential as global candidates or as examples of best practice that could be applied elsewhere. The bottom line for global companies is that there aren't enough resources to go around to manage scores of local brands that are not truly different.
global brands,like any facet of global marketing, are supposed to benefit from the scale and the scope that having a presence in multiple markets brings. As global retailers gain more power,marketers may feel more pressure to have brands that can travel with their customer.Another justification for a global presence is fueled by the increasing similarity that consumers are displaying in terms of their consumption habits and preferences.it has also been argued that global brands are perceived to be more value added for the consumer, either throught better quality(as a function of worldwide acceptance)or by enhancing the consumer's self-perception as being cosmopolitan, sophisticated, and modern.