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WHAT THE PROS SAY LMD asked the leading thinkers in Marketing and advertising to speak out on branding. Was it relevant? Were there new models? And who, in their opinion was setting the agenda? Is the business of advertising still the business of building Brand Image? Ryan Jayatunga, MINDS ADVERTISING: Yet today, as features, benefits and performance, and even delivery systems, increasingly become identical, it is only 'brand Image, identity and perceived value' that truly differentiates between parity products and services. It is imperative therefore that the primary business of 'Advertising' must be to build and nurture the 'Brand'. However, As we move into the digital /cyber age of the 3rd millennium, where 'Customerization' is the order of the day, building and nurturing the Brand must be seen in the context of relationship management on virtually a one-to-one basis .'Brand Image' no longer should mean the identical thing to large numbers of people. Today's 'Brand Image' must have the ability to mean different things to different people at the same time, while retaining the ability to mean the same thing to the same person over a long period of time. And that's a whole new ball game."
What's a brand in today's context? When the brand delivers functionally and emotionally, the relationship is strengthened. If it fails, divorce is likely. The desire and concept of brands are now extending beyond just products and services. TV Soaps etc, are like brands. They're are an essential part of a consumer's life and their aspirations. The attachments are high and the relationship is very strong."
Neelanie Gunatillake,
J. Walter Thompson The coping strategy for stress is simplification. In consumer terms, this translates to brand loyalty. Its not just easier to buy a brand you know and trust it also saves you time. We think of growing a brand as an ongoing conversation. Without conversation, there is no involvement. Without involvement there is no trust. Without trust, there is no conviction. And without conviction, there is no brand."
Why is Branding neglected today? Sandya Salgdo, OGILVY RURAL But There are those who look at the market with a long term
perspective who continuously invest more - both financially and strategically to own the
mind share rather than the wallet share of the emerging consumer!
Where is Branding headed? Vijith Kannangara, founder of BrandLabs, and MD of Q&E
ADVERTISING Is the role of the Ad agency to Nurture Brand Image? Lilamani Dias Benson, Lintas Amarati-Puris Nurturing the brand is not a placid gentle academic
exercise. It's about being |