TheThinLineBetween & PROTECTION PROMOTION brand. Some of the world’s most valuable companies...
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Transcript of TheThinLineBetween & PROTECTION PROMOTION brand. Some of the world’s most valuable companies...
The
Thin
Line
Between&PROTECTION
PROMOTIONbrand
Some of the world’s most valuable companies (Market Cap.)…
469
409256
318
Source: PWC global top 100. All figures in $bn
... Also own the most valued brands
98.3
93.3
79.2
59.5
46.9
Source : Interbrand All figures in $bn
Closer home, India’s most valued brands ...
2576
10907
32273797
383862206247
2571
Source : Interbrand All figures in $mn
... Are also creating disproportionate wealth for share-holders
All figures in Rs.Cr
478448
200527237084
315883351117 273952
191230 186810
If Businesses Build Brands... ...Brands Can Bill Balance Sheets!
Because...
Brand is a monetizable asset...
An Asset... …which you cannot touch, but can definitely feel !…that – over time - becomes a valuation multiplier
What does this mean?...
Brand is not just the Face of the business……It is the backbone
Promoting Protecting & brands
is crucial for making the entire business more valuable.
How do you Walk on this thin line?...
Let’s Face the truth…
Brand Building is an investment not an Expenditure
TRUTH 1
Philosophically, brand- building helps in asset creation for the business, hence is a balance-sheet item, not an expense item in your P & L statement!
Brand-building is a strategic process, not a tactical activity.
TRUTH 2
Brand Building needs to be continuously worked upon, to help shape the course of your business; it should not be viewed as a series of smart tactics to merely meet sales numbers!
Urge to protect and build brands must be a fundamental mind-set, not an administrative imperative !
TRUTH 3
If brands were truly considered as assets ( like your home, car or valuables) , then you would automatically obsess about protecting them, maintaining them and upgrading them ‘holistically’ on a continuous basis, instead of just trade-marking the name/logo etc.
Brand-building is a rigorous science, not just an art.
TRUTH 4
If we really want to build brands scientifically , then we need to carefully engineer the process, by design. The process involves significant perspiration, not just moments of creative inspiration!
Branding is not about a unique name or symbol…it is a unique way of connecting to your customer.
TRUTH 5
This unique connect can be engineered by following a scientific process that is• Logical• Measurable• Has a 360o perspective
Brand Protection is not just about the protection of the visible and sensorial elements of your brand
TRUTH 6
NameLogo Identity
Colours
But about protecting that sacred relationship between your brand and your customers Forever…
To sum it up…
Develop a comprehensive process that forces brand owners to continuously update theirknowledge about . . .
Realistic Market Potential Changing Customer Expectations
The Dynamic Environment The Business’ Internal Strengths
Resulting in A Unique Brand IPThat is…
Vivid
Long Lasting
Flexible
Different Forever
Hence…
Only a differentiated value proposition will truly make a different brand
A different brand will necessarily create a differentiated customer experience
A differentiated brand experience will mean that the consumer will be given a genuinely different choice
And the right choice by design, means that the consumer is likely to stay married to her choice
The best form of Brand promotion and protection is therefore…
Somehow entering and occupying the most fortified and valuable real-estate in the world
A corner of the consumer's mind !