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Global Brand
Management
Why Managing Your Brand is
More Important than Ever
B
randing is everything, says author Matt Haig. Companies
live or die on the strength of their brand. In this paper,
we look at the threats to a companys brand, which are
especially acute in a world of globalization, multinational
corporations, Internet commerce, social media, and electronic
file sharing. And we discuss how technology from OpenText,
with its Global Brand Management solution, can help companies
protect and strengthen their brands in the age of the Internet.
by john price
Contents
Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
1
What is a Brand? from Brands and Branding (Interbrand, April 2004). This book was published in hardback by Bloomberg Press (February 2004).
2
http://www.brandchannel.com/papers_review.asp?sp_id=357
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3
The ROI of Smart Brand Management: Harnessing the power of digital systems for a stronger brand, by Simon Ward (Interbrand, July 2011)
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within a single office. Today, teams are distributed across countries and theyre often
virtual, involving external partners, agencies, and freelancers. and managing
Mobile. Mobile devices present a whole new set of requirements for brand management.
creative and
n
Brand images must appear correctly and consistently on mobile phones and tablets.
And people who work on branding often need access to assets from those devices. messaging across
Information governance. Meeting legal and regulatory guidelines for branding is vitally
multichannel
n
important in some industries, such as pharmaceuticals and financial services. But all
companies are or should be sensitive to their own corporate guidelines, even as
branding becomes more complex.
marketing has
n Rights management. Protecting a brand means keeping a watchful eye out for become more
misappropriation of brand assets (whether willful or not). In some industries, such as
music and entertainment, misuse of brand assets can have a significant financial impact.
complex than ever.5
12% FIGURE 1
More Channels =
C H A N G E
Better Results
10%
1 Channel
2 Channels
P E R C E N T A G E
8%
3 Channels
6% 4 Channels
( S O U R C E : A B E R D E E N G R O U P,
Y E A R - O V E R - Y E A R
NOVEMBER 2011)
4%
2%
4
Ibid. Multi-Channel Digital Marketing (Aberdeen Group).
5
Gleansight: Marketing Asset Management (Gleanster, March 2011)
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6
Marketing Asset Management: Its More Than Just Your Image (Aberdeen Group, November 2010)
7
Multi-Channel Digital Marketing: Addressing the Whys and Hows to Achieve Success in the New Era of Customer Engagement (Aberdeen Group, January 2012). Aber-
deen Group also says: While this doesnt indicate that the use of these tools alone drive these results, it reveals a clear correlations between the use of these technologies and
better performance accomplishments.
8
The State of Multi-Channel Retail Marketing: A Paradigm Shift for Reaching New Customers (Aberdeen Group, June 2011)
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because marketing personnel are not able to easily locate the purchased version.
RE S O NATE
In many cases, the cost benefits of improving marketing productivity are enough to justify Creat strong brand appeal
the investment in a global brand management solution. For large global organizations, adding
searchable access to digital content could save millions of dollars each year in employee D IS TRIBUT E
productivity and asset reuse.9 But of course, increased productivity is not the only benefit and Amplify and asess brand equity
perhaps not the most important for your company. Below are the seven benefits of marketing
GLOB AL B R AND MA N AG E ME N T
asset management that Gleanster identified in a 2011 report, along with the corresponding
capabilities provided by the solution that OpenText offers for Global Brand Management.
Global Brand Management is one
of five interrelated solutions that
comprise the OpenText Customer
Experience Management suite.
9
Gleansight: Marketing Asset Management (Gleanster, March 2011).
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[Branding] is everything.
Companies live or die on the
strength of their brand.10
10
Brand Failures: The Truth about the 100 Biggest Branding Mistakes of All Time (Second Edition) by Matt Haig, published by Kogan Page (2011).