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Why are
corporate brands becoming more important than ever?
Corporate branding
is a top-of-mind issue for executives everywhere for at least six reasons: 1)
increasing communications costs; 2) fragmenting channels; 3) emerging technology,
including Web 2.0 tools; 4) collapsing product development cycles; 5) liberalization;
and, 6) globalization.
The first driver of corporate branding - increasing
costs - is easy to understand. It's getting increasingly expensive to regularly
and effectively communicate using traditional channels. A strong corporate brand
reduces the required frequency of communications, and therefore cost. Fragmenting
is much harder to understand. The number of media and communication channels has
dramatically increased. A few years ago, media fragmentation was the result of
the introduction of cable television, a jump in radio broadcasters, the proliferation
of lifestyle and niche-market publications, and the mainstream emergence of new
non-traditional channels, such as events, public relations, and early online branding
initiatives. Determining which one or what mix would work for you was becoming
a complex challenge.
As it turns out, the complexity has multiplied exponentially.
Today, brand managers have even more choices, thanks to the relentless march of
technology. Blogs, Podcasts, online video, and social networks are competing for
bigger slices of communications budgets.
Technology and the rapid growth
of Web 2.0 tolls have had three principal effects on brand building. First, they
have empowered consumers because they can quickly compare prices and notes and
seek out alternative suppliers over the Internet. But second, they have also made
it much easier to stay in touch with customers and to measure their satisfaction
with products and services.
Third, technology and Web 2.0 have also increased
pressure to engage customers interactively, frequently, and meaningfully because
they make it easier for everyone to communicate. As a result, brands must work
smarter and harder at distinguishing themselves from competitors.
Cycle
times are getting easier and easier to benchmark, and shorter and shorter at the
same time. Incrementally improved products like digital cameras are introduced
in as little as every six weeks. Which means there's simply no time to develop
product brands. The success of these products depends, therefore, substantially
on the manufacturer's capacity to leverage a strong corporate brand known for
such things as quality, innovation - and excitement.
Then we have liberalization
and globalization. Liberalization means more competition everywhere, putting pressure
on margins and raising the specter of commoditization, whether you sell air conditioners
or advertising. Globalization forces us to compete at standards dictated by global
market leaders, not just the local competition. At the same time liberalization
is exerting that margin pressure, limiting resources that can be allocated to
developing world-class products and communicating their value.
Strong corporate
brands are a principal longevity tool for companies that want to avoid the trap
of commoditization and competition based on price. And companies that want to
differentiate their products and services from their fast-benchmarking competition.
Research shows that companies that build and sustain strong corporate brands by
leveraging non-traditional communication channels - and increasingly Web 2.0 tools
- are clearly the most successful in achieving recall in their principal markets.
TeamAsia
will present international corporate brand and strategic marketing communications
authority Michael Alan Hamlin in a one-day strategic branding workshop. The workshop
will focus on developing, building, and communicating a strategic corporate brand
with special emphasis on non-traditional communication channels and Web 2.0, including
events, public relations, and digital marketing communications. What will
you gain? See how industry leaders leverage strong corporate
brands to dominate industries characterized by strong competitors Acquire
an understanding of how building a strong brand can insulate your company from
cost pressures leading to commoditization Learn how to maximize return
on resources devoted to corporate brand building Learn how to distinguish
your brand from the competition in a meaningful, relevant way Examine
how the world's leading brands evolve their corporate brands to provide consistency
and relevance despite shifting values, practices, and needs Adopt the
mindset of a strategic brand expert with a limited budget, a successful brand,
and severe competitive pressure Examine how industry leaders are leverage
Web 2.0 tools to increase their visibility, interact with customers, and build
recall
Who should attend:
Senior Brand Managers, Sales and
Marketing Executives, Marketing VP's and AVP's, and other C-Level Executives
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