DURHAM, NC - The world's
best brand management companies give their corporate images and reputations
the same consideration as other major corporate assets, according to a new
report from business research firm Cutting Edge Information. The recently released
report reveals how top companies adopt formal brand management strategies to
maximize the value of their reputations and build enduring customer loyalty.
BE A BRAND LEADER
"Maximizing Your Brand Value" looks at how companies including
Budweiser, Southwest Airlines, Siemens, Rolls-Royce, Gillette, Swatch and
Calvin Klein increase the value their brands deliver to shareholders. These
companies recognize that brand value extends beyond day-to-day marketing
- they achieve long-term competitive advantage based on customer loyalty
to a brand's image and reputation.
Information about "Maximizing Your Brand Value" is available online
at http://www.cuttingedgeinfo.com/Reports/FL51_BrandMgmt.htm. The report
features innovative practices from 45 top companies in 14 industries.
SUCCESS EXAMPLES
For example, most major automotive companies now closely track the difference
in dollars paid for their vehicles against what strict supply vs. demand
predicts the market will bear. That difference is directly related to the
perceived value of a brand in buyers' eyes. This data shows automakers how
brands influence customers' willingness to pay premiums based on historical
vehicle performance and subjective, emotional perceptions about makes and
models.
Features that contribute to (or negate) premium pricing include:
* Product Features
* Product Quality
* Purchasing Experience
* Service Experience
* Advertising-Driven Sense of Style and Sensibility
"These companies create billions of dollars in shareholder value with
smart branding," says Cutting Edge Information CEO Jason Richardson. "This
is the knowledge and service economy in action: your reputation is more valuable
than your factory or your lab. Customers want reliability and quality - your
brand reminds them that you have both."
MORE INFORMATION
To view the online summary of this report and our Five Principles for Brand
Management Success, visit http://www.cuttingedgeinfo.com/Reports/FL51_BrandMgmt.htm.
Writers and editors who want more information about outsourcing or Cutting
Edge Information can visit http://www.cuttingedgeinfo.com/media/.
Cutting Edge Information is your one-stop shop for real-company business
research. Our reports will help every team execute strategy, understand key
business issues, and prepare for meetings and presentations with key executives.
Move ahead of your competition with Information from the Cutting Edge. For
more information, call 919-433-0219 or visit http://www.CuttingEdgeInfo.com/.
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