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Feb172012

01:40:41 pm
Creating Strong Brands In The Information Age
Brand visibility is a reason why some dot. coms failed to take off. If you are selling a consumer's product, you may still place your products within a supermarket, a petrol kiosk or even at bus stands. You can still create substantial equality. In the online world, it's either you login, or log off.

To create visibility, many dot. coms considered heavy advertising, which successively burned up much on their capital until they went belly up eventually.

To complement the lack of visibility online, you are able to enhance your brand setting. Positioning is the battle for any mind, according to marketing gurus, Al Ries and Jack Trout. It is a reflection of your products' strengths and weaknesses in the customers' minds. It is about how people perceive that you be, what you can do, and how you do it.

Like that Panadol example earlier, it's possible you'll perceive that it treatments headaches, is low-cost, and easily available. If it fails to work, you'll simply perceive that you are very ill and ought to see a doctor. Somehow, Panadol has achieved this kind of cult status in this minds of its customers community . has few advertisements. It relies on good positioning.

According to Ries, brands are produced with publicity, not advertising. With no advertising, The Body Shop has become a powerful global brand.

Brands are not confined to products. McDonald's is a good brand, although not many people will admit it serves great food. It's positioning is all about being fast and thoroughly clean. Its crew is constantly cheerful and says this also things from the period you enter the restaurant, to the time the user gets your order.

May functionality aspect to printing. Brands convey a certain message that describes their functionality. This is not to be confused with positioning. While both Chrysler and Mercedes Benz have the same functionality as car brands; they have very different brand positioning, even though they fit in with the same company.

All over again, it is the perceived functionality in the brand that matters. Hush Puppy can be a popular brand of footwear, but if they create Hush Puppy clothing, I don't think they will achieve much success. Not many will warm up to the idea of wearing shoes on their health!

My speculate is that Courts is going to be stronger with its furniture sales, but weaker within its electrical goods since its brand functionality is actually furniture. That means customers might shop at Courts when may be buy furniture, and may perhaps add on a few electrical items before checking out.

The same principle relates to brand positioning as properly. Courts is generally perceived as a low price, usual quality furniture retailer. As soon as it ventures into upmarket home furnishings at Orchard Courts, it didn't perform as well as it expected.

To get around the perception problem, NTUC Fair Price released Liberty, an American-style supermarket that caters to people with more up-market taste. Even though Liberty provides NTUC's house brand products additionally, its brand position is usually more western, more upmarket and hip. The statue of Liberty is situated in America's fashion capital, The big apple. http://www.diigo.com/user/ellisbaxter511?domain=www.globalprojects.com.sg, http://www.tusul.com/story.php?title=logistics-companies-in-singapore-21, http://www.folkd.com/detail/www.globalprojects.com.sg

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