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Wednesday, March 20, 2019

student :: essays research papers

1Taking A send world(a) Ten Steps To SuccessI. Introduction The Importance of Being GlobalA strong orbiculate brand is a powerful weapon. These days, however, it may also be anindispensable 1, even as the economy challenges our combine in brands to deliver a profit.According to Interbrands Worlds Most Valuable Brands 2000 study, for example, althoughAmazons bundle price has declined, its brand nurture has increased by 233%. On the oppositehand, international power player Coca-Cola, although still the worlds 1 brand, saw its valuedrop by 13%. And technology brands did quite well&8212 Microsoft, IBM, Intel, and Nokia locatedsecond through fifth&8212not at all portend the precipitous crash in their stock prices abouthalf a year after the study findings were released. Overall, notes marketing writer JaneBainbridge in market 20 July 2000, Interbrands second annual study of this kind revealsnot only that global brands are stable assets, but also that the most valuable brands ar eglobal. In fact, she argues, to have a billion-dollar brand, a company has to be global.II. Branding As The New Universal LanguageBased on a recent survey of to a greater extent than forty-five thousand people across nineteen countries,Young & Rubicam makes a rather startling claim. In its newest Brand Asset Valuator report,issued in shew 2001, the firm asserts that brands have taken on a godlike status consumersfind greater meaning in them and the values they drag in than in religion. As Conor Dignamreports in Ad Age Global 12 March 2001, the study claims that superbrands like Calvin Klein,Gatorade, IKEA, Microsoft, MTV, Nike, Virgin, Sony PlayStation, and Yahoo can thereforealso be called belief brands. Although Dignam argues against the idea that consumers wouldtreat brands as gods (because they will not be dictated to by them), he does accept theimplications of the argument and make a contrary analogy. Brands, he says, are more likebest friends, in that they are an pregna nt part of peoples lives, do carry specific meaningsfor the consumer, and they are respected or rejected based on how well they keep theirpromises.Yet whether one calls them gods or best friends, brands have clearly started to take ongreater greatness in consumers lives. In fact, they have gone from objects with identity toidentities in the pretense of objects.The trend has gone so far, in fact, that people are radical to speak the language of brandsand even to market themselves as brands in their accept right. There is more than one book inprint on the lines of Brand Yourself Ballantine, 2000 devoted strictly to the notion that the

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