The Brand Bubble
The Looming Crisis in Brand Value and How to Avoid It
(Sprache: Englisch)
How to use brands to gain and sustain competitive advantageCompanies today face a dilemma in marketing. The tried-and-true formulas to create sales and market share behind brands are becoming irrelevant and losing traction with consumers. In this book,...
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How to use brands to gain and sustain competitive advantageCompanies today face a dilemma in marketing. The tried-and-true formulas to create sales and market share behind brands are becoming irrelevant and losing traction with consumers. In this book, Gerzema and LeBar offer credible evidence--drawn from a detailed analysis of a decade's worth of brand and financial data using Y&R's Brand Asset Valuator (BAV), the largest database of brands in the world--that business is riding on yet another bubble that is ready to burst--a brand bubble. While most managers still see metrics like trust and awareness as the backbone of how brands are built, Gerzema asserts they're dead wrong--these metrics do not add to increased asset value. In fact, by following them, they actually hasten the declining value of their brands.Using a five-stage model, The Brand Bubble reveals how today's successful brands--and tomorrow's--have an insatiable appetite for creativity and change. These brands offer consumers a palpable sense of movement and direction thanks to a powerful "energized differentiation." Gerzema reveals how brands with energized differentiation achieve better financial performance than traditional brands have. Plus, Gerzema helps readers develop energized differentiation in their own brands, creating consumer-centric and sustainable organizations.John Gerzema (New York, NY) is Chief Strategy Officer for Young&Rubicam Brands. He joined Y&R from Fallon Worldwide, where he created that firm's global expansion strategy. A member of The Council of Foreign Relations, he is the recipient of more than a half-dozen industry awards and has appeared frequently on/in CNBC, Newsweek, the New York Times, the Wall Street Journal, and various industry publications. Ed Lebar (New York, NY) is the CEO of BrandAsset(r) Consulting Group for Young&Rubicam Brands. He oversees the implementation of BrandAsset(r) Valuator, consulting across all lines of business, global accounts, and joint
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ventures. He founded StrategiConnections Inc., a firm specializing in brand positioning. He began his career at Y&R 32 years ago and has held the position of professor of economics at CCNY and Finch College.
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Inhaltsverzeichnis zu „The Brand Bubble “
Foreword By Peter Stringham, CEO, Young & Rubicam Group.PART ONE: INTRODUCTION.
1 Tulipmania and Infl ated Brands.
2 Can You Say "Irresistible"?
3 Wall Street, Meet Main Street.
4 The Postmodern Craving for Creativity.
5 Welcome to ConsumerLand.
PART TWO: APPLICATION.
6 Stage One--Exploration: Performing an Energy Audit.
Case study: LEGO--Play Well.
7 Stage Two--Distillation: Identifying the Energy Core.
Case study: Virgin Atlantic--Brilliant Basics, Magic Touches.
8 Stage Three--Ignition: Creating an Energized Value Chain.
Case study: Xerox--The Energy Inside.
9 Stage Four--Fusion: Becoming an Energy-Driven Enterprise.
Case study: Mumbai Tiffi n Box Suppliers--Human Energy.
10 Stage Five--Renewal: Active Listening and Constant Refreshing of Brand Meaning.
Case study: UNIQLO--Seeing Farther.
Epilogue: A Brand May Be Famous, But Is It Creating Return for Shareholders?
Notes.
Acknowledgments.
The Authors.
Index.
Autoren-Porträt von John Gerzema, Edward Lebar
John Gerzema is Chief Insights Officer for Young & Rubicam Group. One of the earliest founders of account planning in American advertising agencies, John has designed brand strategies for clients for almost twenty--fi ve years, guiding campaigns to international strategic and creative recognition that resulted in The One Show Best of Show award, numerous EFFIE's and several gold lions from The Cannes Advertising Festival. Prior to joining Y & R, Gerzema oversaw the international network for Fallon, and founded offices in Tokyo, Singapore, Hong Kong, and Sâo Paulo. He holds a master's degree in integrated marketing from the Medill School of Journalism at Northwestern University and a B.S. in marketing from The Ohio State University.Ed Lebar is CEO of BrandAsset Consulting Group. Ed manages BrandAsset Consulting around the world. He has helped grow BrandAsset Valuator into the largest brand model and database in the world, which now includes input from over 500,000 customers on 38,000 brands across 48 countries through 250 studies.
Before his career in marketing and advertising, Lebar was a professor of economics at CCNY and Finch College. He holds advanced degrees in economics from NYU and the University of Denver, and a B.A. from Syracuse University.
Bibliographische Angaben
- Autoren: John Gerzema , Edward Lebar
- 2008, 1. Auflage., 272 Seiten, Maße: 23 cm, Gebunden, Englisch
- Mitarbeit: Stringham, Peter
- Verlag: Wiley & Sons
- ISBN-10: 047018387X
- ISBN-13: 9780470183878
Sprache:
Englisch
Rezension zu „The Brand Bubble “
"These authors both hold senior positions at Young & Rubicam (Y&R), part of the largest ad agency holding company in the world, WPP Group. Their book sounds an alarm based on a gap in value between how consumers and investors perceive brands. The authors have a proprietary research tool that they use to measure value, and they've found that investors reward companies with greater brand awareness, even if consumers don't see much utility. The book presents recommendations on how to close the gap between consumer and company perceptions. Many other books present theories about branding. Al and Laura Ries's The 22 Immutable Laws of Branding offers a hands-on approach to branding, focusing on what works and not necessarily why, while Janelle Barlow and Paul Stewart's Branded Customer Service attacks the problem of branding from the view of the customer experience. David A. Aaker and Erich Joachimsthaler's Brand Leadership's more quantitative approach and academic perspective can be compared most closely to this new book. The Brand Bubble is appropriate for a business school or corporate library and will be useful to marketers as well as investors."--Stephen E. Turner, Turner Devaughn Network, Abington, PA (Library Journal, September 15, 2008)
"...worth reading" (Financial Times, October 23rd 2008)
"The authors have access to one of the richest longitudinal marketing databases in the world...If consumer and investor perceptions of brand value have indeed been diverging, a huge reassessment of the value of brand-owning companies may still be ahead." --Alan Mitchell, Financial Times (October 23, 2008)
"The book is a wake-up call for marketers who think more branding per se will save them." --John T. Landry, Harvard Business Review(November 2008)
"Through extensive consumer research and analysis, the authors propose a startling fact: that despite rising valuations, consumers are falling out of love with many of the brands they buy. Use this book to learn how
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to safeguard one of your most cherished assets, your brand." --Ram Charan, co-author of The Game Changer, Execution, and Confronting Reality
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