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Posts Tagged ‘IBM’

BEST GLOBAL BRANDS 2010

Posted Thursday, September 16th, 2010

Apple‘s brand value has increased by 37% but it has only charted at 17th place in this year’s annual Best Global Brands survey from Interbrand, way behind IBM, Google and Microsoft.

The company, boosted its brand through controlled messaging and an endless wave of buzz surrounding new product launches, but still failed to make the top 10.

It has recently come under heavy criticism in public perception due to problems with the iPhone 4 reception handset, leading to the offer of a free rubber casing for those who were dissatisfied with their purchase.

The brand barometer placed Coca-Cola as its top global brand, with technology brand IBM taking second place, Microsoft third and Google fourth.
BlackBerry made great gains with a 32% increase in brand value. At 54th place it is the most popular smartphone for business users, despite pressure from Apple as it edges into the corporate world.

The annual survey from the consultancy said that a number of brands had faced extraordinary crises in 2010 resulting in stalled growth and loss of value.

BP fell out of the ranking this year, on the back of the Gulf of Mexico disaster and its poorly received response.
BP‘s disaster and inability to produce results on its brand promise of “Beyond Petroleum” led to it falling off of the list. Worse, it saw competitor Shell emerge as the leading oil industry brand, now ranked number 81, up from number 92 in 2009.
Toyota still ranked a surprising 11th place despite the biggest product recall in its history, which caused the brand to lose 16% of its brand value as its long-standing reputation for reliability, efficiency and innovation took a serious knock.

During a difficult year for the auto industry, Mercedes Benz (12th place) and BMW (15th place) were able to sustain and build their value “through innovative design and a focus on delivering premium value vehicles with luxury features”.

Using customer feedback, largely drawn from YouTube, Flickr, Twitter and Facebook to launch the 2009 Fiesta, Ford at 50th place stood out as one of the best example of how to use social media. Award-winning products like the Q5 and rich heritage helped Audi to 63rd place with a 9% increase in its brand value.

In the financial sector, Citi (40th place) and UBS (86th place) lost double-digits in brand value, while Santander (68th place), Barclays (74th place) and Credit Suisse (80th place) made their debut on the list for the first time.

Their ability to stay true to brand promises in unsure times, and avoidance of the subprime mortgage crisis, helped them stay the course.

“2010 was the beginning of a long road back towards economic recovery,” said Jez Frampton, group chief executive at Interbrand.

“From real-time customer feedback through social media to increased transparency about corporate citizenship, brands were faced with a profound change in the way they relate to customers and demonstrate their relevance and value.

Despite this new paradigm of brand management, the advantages of building a solid brand remain the same.”

Despite the economic downturn, luxury brands Cartier (77th place), Armani (95th place), Louis Vuitton (16th place), Gucci (44th place), Tiffany & Co (76th place) and Hermes (69th place) all saw the value of their brands increase in 2010 by “continuing to invest in their heritage and legendary status.”

Last year’s survey saw financial brands take a hammering due to the global downturn, with internationally famous names such as Citi and UBS seeing the value of their brand slashed in half.


Twitter to replace email marketing

Posted Tuesday, September 22nd, 2009

The Retail Bulletin, Wednesday September 16th 2009

Despite the lowering costs and accessibility of email marketing, many businesses are now looking at Twitter as an economical substitute, according to Deborah Collier Chief Strategist at e-business consultancy Echo E-Business.

Collier explains “Email marketing offers a channel to directly target subscribers, however the return on investment, particularly for smaller businesses is still fairly low in comparison to other media channels. The biggest email marketing value for many businesses, particularly in the B2B markets, is in relationship and brand building over a period of time, supporting the overall sales process – Now we have Twitter to do that, and its free”

“From restaurant bookings to product launches, Twitter has now become a de facto tool, not only for relationship building, but also sales” says Collier

However, it is not just the small companies that are cashing in to the potential of Twitter. According to June reports from from Dell Computers, they generated $3m in sales from Twitter (Internet Retailing Magazine)

“Its important to remember, however, that it’s not what tool you use, but also why, how and when to use it. With any strategy it’s important to ensure that you are in the right place at the right time, and that your message if communicated effectively”, adds Collier

Echo E-Business recently posted a recent Customer Engagement workshop alert on Ecademy. Within one hour, a member of IBM advocated the workshop in a Tweet to his network. An IBM Twitter follower subsequently contacted Echo E-Business. “This is the power of Twitter’, says Collier “the ability to advocate others, and have them advocate you – And it costs nothing, just time and know-how”.

“Online strategies are now an absolute necessity, even for the smallest or most traditional of traders and for e-businesses looking for levels of engagement unmatched by traditional media. The problem is that most businesses are still struggling to get to grips with Twitter, and understand it’s real value” explains Collier.


 
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