Saturday, August 25, 2012
What's in a name?
Wednesday, August 01, 2012
Viva La Diference! - Global Research finds significant regional differences in consumer choice behaviour
Friday, July 08, 2011
News Internecine
So Farewell then, News of the World
No more News of the Screws
As you were better known.
So a great brand has fallen on its sword – or been thrust upon it by its disgusted parent, Rupert. It reminds one of the ‘honour killings’ of poor girls from third world countries who have been violated and then accused and sacrificed for bringing their families into disrepute.
The Business Editor of the News of the World on breakfast television this morning said that this was because it was felt that “the brand has been so badly damaged that it can’t be saved”. Implying that the closure after 168 years of the largest circulation English-language newspapers in the world was fundamentally not for commercial reasons, nor for moral reasons, but for brand reasons.
This had been the cash-cow of the New International empire. But when the transgressions of the previous management of News of the World became more prominent in the public eye, and the cries of “Shame” that ran along Fleet Street were echoed on television and in the Houses of Parliament, the pressure became to great. And rather than own up and say ‘the buck stops here’, the News Corporation and News International management have endeavoured to limit the damage to their own brand reputations by implicitly blaming the institution and brand of News of the World.
It is an interesting contrast to the response of BP to their tragedy in the Gulf of Mexico, where ultimately the top people did take responsibility and try to make amends.
Here, although top management have clearly either been guilty or negligent in their duty of upholding legal and moral standards throughout their organisations, rather than setting in motion a purge of any immoral or illegal news gathering activity across all of their titles and media assets, and making sure that their management systems would prevent future payments for illegal line tapping or bribing police, they are so far blaming those beneath them and sacrificing what was hard-working, campaigning and yet popular newspaper. The brand is too damaged they say.
The difference between marketing and branding
Marketing is the process of taking products and services to market.
Branding is the process of creating brands.
Simples!
Marketing is therefore a commercial activity, focused on getting customers to buy your products and services, which can involve some or all of the activities of: identifying potential markets; researching customers' and consumers' desires, needs and wants; analysing competitors; creating or developing new products and services; redefining their distinctive qualities and benefits; packaging, positioning, pricing and promoting those products and services; engaging staff, distribution channels, customers and prospective customers though advertising, social media and experiential marketing; monitoring how well all these are doing in growing sales and profits; learning from this and doing it all again to continue to grow.
Branding is the activity of creating distinctive reputations for organisations, products, services, people and places. It is not necessarily a commercial activity. It can be a particularly powerful tool for marketers. It can also be a powerful tool for leaders engaging many different stakeholder groups, not only clients and consumers, but also shareholders and analysts, employees and candidates, suppliers and partners, patrons, patients, voters, viewers, visitors, members and followers.
It is also clear from these definitions that branding is not a sub-set of marketing, for their are many non-commercial brands that are not consciously 'marketed', nor bought or sold - Kate, the Duchess of Cambridge would be one example, and there are many more from many different fields. Similarly marketing is not a sub-set of branding, as there are things, commodities for example, which may have some marketing activity but are not brands.
Friday, April 29, 2011
Brand Kate
So she is now the possessor of a hugely valuable and powerful personal brand. Her brand has grown almost entirely by association with her new husband’s family, but it is now her own. Despite the wealth of her husband’s family, it is probably now her most valuable asset. She could use her brand for good, as her husband’s mother did, or she could weaken her brand by her actions, as her husband’s father has. But whatever she does, she is now the possessor a brand that is a huge national as well as personal asset. We wish her all the best for the future, and hope she uses her brand power well.
Friday, October 15, 2010
Brands and advertising in the context of time
Saturday, January 30, 2010
BA – Break up the brand and Fly BEA
BA has a challenge. In fact it has several. Cabin crew. Money. Competition. Brand image. And there may be more. Cabin crew and cash-flow are issues for the management to solve, though it is obvious that unless the cabin crew’s productivity is similar to the competition then the airline can’t be viable in a competitive market.
More fundamental to long term viability and success is the brand image that drives passenger loyalty and their willingness to pay a premium.
Like many, I very much like the BA long-haul First and business class experience. The new lounges at T5 are both beautiful and comfortable. The in-flight space and flat beds are very good – though the fact that US airlines like United are now fitting similar kit, and Asian airlines like Etihad and SIA are arguably superior means that this is no longer a differentiator.
However, the BA brand experience is critically harmed whenever one flies BA short-haul around Europe. This has been driven by the need to compete with budget airlines like Ryanair - now remarkably the World’s Favourite Airline by the passenger numbers metric that BA used to make that claim. However, it means that there is a dramatic difference in the brand experience. A businessman flying BA from Frankfurt to New York and back will still get a very good trans-Atlantic ride, but his most recent memory of BA when he gets home will be the packet of peanuts thrown at him on the cramped final leg.
One answer would to break up the airline back into two separate organisations, though I am told that getting feeder traffic is important to the economics of long-haul. That could be solved by feeder and scheduling agreements, but a simpler answer is just to break up the brand. Whilst the BA brand still has some positive remaining equity from its long-haul, restrict the BA brand to that. And reintroduce a separate brand for the short-haul, which would have a very different proposition, more like “the reliable cheap regional airline that connects with BA’s long-haul flights”.
Tuesday, January 19, 2010
A full toss at the broadcasters
According to Brand Republic Google/YouTube have bought the rights to broadcast live Indian Premier League Cricket. This takes YouTube into a different category, putting it head to head in the competition for global sports viewers with Sky, ESPN and the BBC as a live event/sports broadcaster.