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Monetizing Luxury Online
by Kate Benson, Founding managing partner Martens & Heads!
Given to research, it is still not clear whether social media is the direct reason that someone goes into a store and buys a product. But if you’re a savvy CMO, you need to be able to explain to your CEO, why an investment in social is necessary.
Aflac the Clever Duck Adds Significantly to the Company’s Valuation
by
James R. Gregory, CEO, CoreBrand
The Aflac brand, headquartered in Columbus, GA, has more than doubled in brand equity, from 6.4% in 2002 to 12.8% in 2010, as a percentage of its market cap. The value translates from just under $1 billion in 2002 to $3.4 billion in 2010, according to CoreBrand’s Brand Equity data. It is pretty clear that as much fun as the Aflac Duck is to watch, it is doing some pretty significant business.
Look, Listen and Connect
by Cheryl Swanson
It is our philosophy as brand experts to look, listen and connect. We fully immerse ourselves in the brand culture and evaluate the brand from a consumer perspective. We explore the trends around us, then develop a brand essence and visual positioning, including a visual language to better communicate and connect with the consumer.
Retail, Fashion – Time to Let Consumers
Join the Brand Community
by Kate Benson,
Founding, managing partner Martens & Heads!
In today’s hyper-paced, sound bitten world, digital marketing allows a brand to become multidimensional. Not only can a brand be broadened to represent a company and its lines, it is now capable of becoming almost a “living organism.” By becoming digitally inclusive, a brand can give its audience the chance to gain access past the gates – and join the exclusive brand “community.”
Social Tribes Are More Potent Than Social Networks
by Dr. Bob Deutsch
To build a social brand, marketers should not waste time asking what consumers like, need or want; they should discover who these people really are. This requires research techniques that can elicit stories about how people feel about their world and the larger world. The subtext of stories define people’s identities, not their interests. This modification in perspective will help marketers have a hand in sculpting the changes that are shifting the ground under their feet.
Wikibranding
by Julie Cucchi
Wiki is the “it” word of the moment. (Toss a few “wikis” around and mix in a “crowd sourcing” or two for good measure and you’re all set for the holiday parties). From Wikiversity to Lyricwiki to Shopwiki to Foodwiki, there is apparently nothing you can learn, do, buy or play that isn’t wikified. And Wikileaks are spilling all over us.
Infusing Trends into Your Brand
by Meg Asaro,
Cultural Curator,
Toniq
Brands are built on cultural DNA and therefore, must evolve with the
times and shifting consumer desires. To successfully navigate such
turbulent waters, we recommend for marketers to steward brands through a "trend process", recognizing that the brand essence resides in
quintessential equities - visual, sensorial, experiential and
personality - that create truly emotional bonds with consumers.
Slouching Toward Brand Accountability
by
James R. Gregory, CEO, CoreBrand
Theoretically, the CEO is responsible for the value of the corporate
brand. Unfortunately, it is a rare CEO who understands how brand equity
value is created. CEOs would love to see their company prosper but few
understand how to take command or utilize the tools available to make it so.
Brand Keys 11 for 11:
Brand and Marketing
Trends for 2011
by
Dr. Robert Passikoff
Predictive loyalty metrics allow marketers to decipher consumers'
emotions, expectations, and imminent behaviors in the marketplace.
Happily, Brand Keys is an authority on customer loyalty. And, as real
loyalty metrics measure the direction and velocity of consumer values 12
to 18 months in advance of the marketplace, they allow us to identify
future trends with uncanny accuracy.
It's Time to Put "Brand" On the Balance Sheet
by
James R. Gregory, CEO, CoreBrand
The idea of putting the corporate brand on the balance sheet is an
audacious proposition, one that can revolutionize marketing, change the
role of everyone responsible for the health of brands, and make the US
more competitive in the world.
The Importance of Finding Your “Brand Voice”
by Len Stein,
President,
Visibility Public Relations
Today, as the triple-screen universe converges with the next web, brand voice has emerged as the key to successfully engaging consumers whose light-speed social media networks can determine a brand’s fate virtually overnight.
HP Brand Was Slipping Before Hurd Slipped
by
James R. Gregory, CEO, CoreBrand
Mark Hurd served as the CEO of HP since 2005. He was known on Wall
Street as a cost-cutter. Cost cutters tend to be loved for their short-term financial gains, but there is a flaw to their management style in
that they typically find it difficult to build the long-term value of
their corporate brand.
Beyond Gen Y:
Discovering the Truth About"Post-1988" Females
by
Dr. Bob Deutsch and Heidi Dangelmaier
Count the Post-88s at the head of the pack when it comes to seeking to
discover and express more of their true identity. For them to approve a
product, it must reflect and expand these young women's sense of
authenticity. Everything else is simply lost in translation.
A Brief History of Brand Crises,
Can BP Survive as a Brand?
by
James R. Gregory, CEO, CoreBrand
A brand crisis can take many forms, which can linger differing lengths
of time depending on the survivability of the brand. Every corporate
brand crisis is unique; each has a starting point when the CEO becomes
responsible for the survival of the company. BP's bumbling management of
its Gulf crisis, its seemingly endless decision making process, not to
mention post-crisis effects that will last decades, make this crisis
unprecedented.
BP - When Alignment Between Brand, Business and Culture Fails
by
James R. Gregory, CEO, CoreBrand
Branding is all about creating alignment of your companies' business
processes with its corporate culture. British Petroleum (BP) provides a
case in point of a brand that got way out front of its business process
and culture to produce tremendous exposure to risk.
Viva la difference,
How Brands Should Appeal to Women
by Dr. Bob Deutsch
In my work as a cognitive anthropologist I study how the mind works, how people “make meaning,” how people form attachments to things, how people make decisions. In that search I have inadvertently uncovered something about viva la difference. Marketers need to understand the implications of this difference.
The End of Branding
by Julie Cucchi
I recently read an interview with a designer of several iconic, youth-targeted brands, announcing that beginning Spring 2010 he would give up all efforts to brand any of his, well, his brands. 'No more logos!' What alarms me is that someone who has created and marketed several successful brands could be so clueless about what ‘branding’ is. And isn’t.
Lessons Learned from Second Life
by Dr. Tracy Tuten
Second Life and other virtual worlds have enormous branding opportunities. In terms of social media, virtual worlds really are communities in the most literal sense, and it is the level of interaction and engagement that creates such a strong platform for branding. Here's how to capitalize on it.
The Worst of Times Demand the Best of Brands
by Julie Cucchi
The brands that make the tough choices from messaging to design, from headlines to packaging, focusing like a laser on who they are and how they fit into their consumers’ lives will be rewarded. The others will suffer.
Branding, in times like these, is not a luxury. It is a survival tool.
Designing Sticky Packaging at Retail
by Ted Mininni
Packaging makes both brand and product tangible to the consumer. We could argue that it is the singularly most important touch point because it delivers both into consumers’ hands. Not only should brands be sticky; packaging should be, as well.
Brand Image, Brand Action and User Experience
by Kathryn Tector, User Experience Expert at T4G
The unprecedented pace of technology growth, adoption, and application particularly over the last five years, has led to a customer experience tipping
point. The consumer is now in the driver’s seat with the power to “demand” more than ever
before. Brands need to channel this consumer power and influence the direction that is
favourable to the brand, yet allows consumers to create their own path. At T4G we view this as delivering on both brand image and
brand action, and the user experience is the key.
The
8 Biggest Branding Mistakes Organizations Make
by Sam Horn
In helping individuals and organizations develop one-of-a-kind
identities I've met a lot of people
who have spent a lot of money developing brands and slogans that didn't work.
In fact, bad brands can cost you customers, income, momentum and market-share.
I've kept track of the 8 biggest branding mistakes business make. I share
them here so you can do the opposite of these errors and develop a Purposeful, Original and Profitable brand that gets you
noticed . . . for all the right reasons.
Your Brand Is Everything
by Joe Calloway
Nothing is more important than your brand, because it’s what defines you, regardless of the work you do. It should be your top priority to build, protect, and represent your brand to the best of your ability in every interaction you have with others. The essence of building a strong brand is simply this: keeping your promises and creating great experiences for others.
Beyond
Functionality: Communicating What Your Product Does and More!
by Lynn Altman
Creating the story, the emotion, and the unique promise
behind a product is the difference between having and idea and successfully
selling a product - which is what the game is all about.
Establishing
Meaningful Packaging Communications: Across Multiple Retail Channels and Over
the White Noise
by Ted Mininni
Packaging is our last and most formidable communication
to the customer as they stand in front of the retail shelf - it had better
be our most meaningful and our best.
The
Solution to Brand Dilution
by Joseph Benson,
Rob Levinson, and Drew Allison
How a company can grow through acquisition without losing
its identity.
The
Eternal Principles for Creating Luxury Brands
by Dan Herman,
Ph.D.
This article is about the time proven principles for
creating luxury brands in order to attract affluents. Some of these are truly
counter-intuitive and surprising.
The
Surprising Secret of Successful Differentiation
by Dan Herman,
Ph.D.
A successful differentiation is not imitated by your
competitors, even though it brings you unmistakable success with consumers.
It seems impossible, but true.
True
Brand Differentiation - Not New or Improved
by Ted Mininni
True brand differentiation is about one simple, and
often overlooked thing: consistently meeting, and exceeding, the basic needs
and desires of the consumer.
Use
Market Research to Understand Your Markets. Use Brand Research to Understand
Your Customers
by Joseph Benson
Brand and market research are not mutually exclusive.
Sometimes, by simultaneously employing both brand and market research, you
can develop a multi-dimensional perspective of your business and your customers.
Competitive
Branding Strategies
by Linda Fisher
In this presentation, we will examine several key points
that businesses must implement if they are to succeed in this new global world
of business. There are five keys that will unlock your firm's potential.
Heritage:
A Master Brand Builder
by Joseph Benson
If there is any one single characteristic and attribute
of a brand that provides sustainable competitive advantage, it is heritage.
Al
Ries Might be Dangerous to Your Brand
by Dan Herman,
Ph.D.
In the business world's hall of fame a special place
is reserved for Al Ries. He is without any doubt one of the most prominent
gurus of strategic thinking. Regretfully, Ries's continued influence is becoming
today a considerable danger to successful brand building and brand management.
Super
Advertising Slogans and Super Costs
by Naseem Javed
Advertising slogans or taglines pushing sales are great
for getting a customer’s attention as they often tangle and hold them hostage
for a second or two. Some taglines catch the user’s attention, but most are
simply confusing, causing them to “escape the trap” and run away.
Creating
Brand Instrumentality Beyond the Product
by Dr. Dan Herman
The understanding of the different kinds of added value,
the ways these values are instrumental to the consumer and the methods by
which brands can be means for the consumer for achieving his goals, makes
the difference between masterful creations of brands and amateur imitation.
The
Black Hole of Corporate Branding
by Naseem Javed
Is this the dawning of the age of branding or just another
black hole? The sooner you come out of the bondage of the old fashioned marketing
and branding campaigns, the sooner you will see a new dawn. There is certainly
light on the other side of this black hole.
Is
Your Brand Going to Graduate or Be Stuck in Adolescence?
by Joseph Benson
and Bret Kinsella
Brands have a lifecycle that is best understood in stages.
Each stage has both a short and longterm impact on how customers view your
brand. The five stages of your brand’s lifecycle begin with the brand definition
and then progresses through four distinct customer experiences.
Why
is ENRON Now Called PRISMA?
by Naseem Javed
Should we be amused by PRISMA’s name identity as an
imaginary, environmentally friendly rainbow that is now arching from their
HQ all the way to the big house?
The
'Marketing Scenario' - A Reality Check on Your Marketing Strategy
by Dan Herman,
Ph.D.
The 'Marketing Scenario' is a practical tool designed
to help you make sure that you have a winning marketing strategy to support
your brand.
Great
Brands Just Say “No”
by Claude Singer
Achieving brand differentiation is, to a large degree,
a daily exercise in saying no. No to fads and conformity; no to temptations
to wander from a brand’s core; no to departures from what makes a brand great.
The
Impact of Cultural Transformation on Brand Marketing
by Cheryl Swanson
Brands can remain relevant only when they remind us of our humanity. Brands
need empathy, sensory, simplicity and optimism to make a solid human connection.
The
Brand Called You
by Steven Van
Yoder
Get Slightly Famous! Building a slightly famous brand
is not just about what you do; it's about what you do differently from everyone
else.
Branding
for Integrity – Going Beyond Ethics
by Larry
Ackerman
There are other aspects of this thing we call “integrity” that we don’t normally
think about – ideas which are even more basic than ethics and that inform
the true meaning of brand.
What
your Human Resources Department Can Learn from Fedex: The Power of a Strong
Brand
by Joe Benson
and Bret Kinsella
Great brands provide a source of identification and an assurance of quality.
They simplify decision-making and crisply communicate the value they create
for their customers. And great brands make and keep their promises. How does
this apply to an HR department?
Brand
Loyalty Starts and Ends with the Consumer
by Pam Danziger
Brands are far more than just a marketing concept or an asset on the company’s
financial statement. The brand is the contract between the company and the
consumer with the terms of the contract written in emotions.
Hitting
the “Red” Target - The Role of Color in Establishing Brand Identity
by Cheryl Swanson
Color and brand identity are inextricably linked. A brand’s identity is a
symbolic representation of it’s reason for being in our lives; a visual distillation
of its core marketing message.
Deeper
Than Skin: Why Brand Expression Matters
by Julie Newton-Cucchi
Brand expression - how your brand expresses itself from its name, logo, corporate
ID, packaging design and copy, web design and copy and all the annoying rules
that fill its style guide - is the most tangible manifestation of your brand's
essence; intimations before purchase of the brand's soul, validation and reminder
of its promise after trial.
Brands
and the Importance of Being Visual
by Cheryl Swanson
and Kyla Lang
Only
in the past decade, has the visual brand presence, what we consider “brand
essence,” been approached in anything resembling a strategic, holistic, creative
manner.
The
Masquerade Ball During the Typing Revolution ...
by Naseem Javed
Corporations, dressed up like Charlatans and Harlequins, have done enough
dancing; shareholders are no longer fooled by fancy images, fake identities
with silly names, making fun of their investments. Everyone demands honesty
from every aspect of the business empire.
What's
Your EQ? How the Retail Business Became the Emotion Business … Are you Ready?
by Wendy Liebmann
As in all of our lives today, even our shopping lives, we search for an emotional
connection that will allow us to differentiate the same from the unrivalled,
the ordinary from the extraordinary.
Why
Corporate Images Die a Slow Death
by Naseem Javed
When sleek world class corporate images go up in flames like ENRON, WorldCom,
GlobalCrossing, and start looking badly charred like ENWRONG, WorldCon, DoubleCrossing
or when names become obvious liabilities like, Consignia, Thus, Thales, Xansa,
or Uniq ... then it’s time to call the gate-keepers of Corporate Identity
on a red carpet.
Color-blind
Customers of Today
by Naseem Javed
Think of Blue and what comes to mind is a blue ocean. A blue sky? Sometimes
Big Blue, which is IBM. They did truly acquire a secondary meaning and a legendary
position of being recognized as such. But it’s time to leave the pretty rainbows
in the sky, alone.
The
Opportunity of a Movie Title
by
Meredith Muncy & Christine Blake
A dialogue between Meredith Muncy & Christine Blake of Vibrato Naming. (Listen
slowly - it's about 'naming' and 'branding' and we are all now in the 'hits'
business. ed.)
CEO
Profile - What I do, Why it's Important, and How it Makes a Difference
Meredith Muncy,
Vibrato Naming
Brands have recently moved beyond serving solely as marketing assets that
build equity. Today, brands actually interact with audiences, delivering
meaning into our lives on a host of personal and cultural levels.
Facing
a Brand Naming Initiative?
by Meredith
Muncy and Christine Blake
Whether you're naming a new venture or renaming as part of a strategic shift,
there are several options available to business leaders. Meredith Muncy, CEO
of Vibrato Naming provides an excellent analysis of the options and the strategic
steps in the process.
For
a Brand to Pack Punch, the Business had Better Reflect the Brand
by
Mary Lou Zievis
What is most critical is putting the brand
at the heart of the organization - and then live up to the image that it inspires.
The
New Positioning - Minds Can’t Cope!
summarized
by Rick Sidorowicz
The New Positioning by Jack Trout
is no longer new - but fortunately, it still provides the "clearest path."
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