Decoding Branding explains the evolution of branding and how the disrupting factors like digital revolution, technological advancement, changing consumer behavior, and the COVID-19 pandemic have reshaped the marketing landscape. Fundamental principles of fostering strong brands are distilled with illustrations of case studies from various industries. A structured and holistic framework to building and revamping brands is clearly presented for corporations to remain competitive in this constantly changing operating environment. Interviews with branding experts and corporate leaders are featured at the end of each chapter to allow readers to obtain a complete appreciation of brand development from different perspectives.
Foreword
In his career, Dr. Royce Yuen has been a distinguished practitioner of marketing and advertising, a profound academic interpreter, and a much-in-demand consultant. He has experienced first-hand all the great waves of disruption which have broken over the communications landscape as a result of the digital revolution.
Now, 20 years or so into that revolution, it is timely to ask whether branding – one of the pillars of business since the nineteenth century – is still a necessary or potent strategy for a business. Some zealots have argued that in a digital world, branding has become less relevant, even superfluous. I have always found that an extreme view, which conflates two very different points: the role of mass media and the role of media. We have, indeed, seen the end of the supremacy of mass media. But it does not follow that we have seen the end of branding. In fact, I would argue exactly the reverse. The de-massification which Dr. Yuen describes actually makes branding more important. The more fragmented the world of content and the multiplicity of messages that characterize any digital eco-system are, the more you need some principle of editing, and it has always seemed to me that one of the purposes of brands is to act as editors.
In the past it was easier (not better) when one had simply to create a 30-second television commercial. Now it is much, much more difficult. Consumers remain fundamentally unchanged; they just have many more messages to decode, and brands make it easier for them to do that. Nor have they become merely functional end users who depend simply on the provision of information in order to make a purchasing decision.
In one of the most important insights in this book, Dr. Yuen points out that “Brands provide rational reasons for consumers to behave irrationally.” That was the case, is the case, and always will be the case.
Decoding Branding is an important contribution to business literature today. As Dr. Yuen writes, “A good brand radiates positive energy.” I think exactly the same can be said of a good business.
Miles Young
Warden, New College Oxford
Table of Content
2. A Brand Builder’s Perspective – Terence Ling, TBWA HK
3. Case Study – UCO: Finding a Strategic Position in the New Ecosystem
3. Case Study – Chow Tai Fook Jewellery Group: Multi-Brand Strategy for Offensive and Defensive Marketing
3. A Brand Builder’s Perspective – Kanie Siu, Plan International (HK)
4. A Brand Builder’s Perspective – Chong Got, Dah Chong Hong Holdings
5. Case Study – Memorigin Tourbillon Watch: Taking a Local Brand to a Global Stage
3. Case Study – Hotel Madera: Why Check Into a Hotel Room When You Can Check Out the Local Community?
2. A Brand Builder’s Perspective – Eliza Wong and David Qing, MaLogic
3. Case Study – Canon: Experience or Quality – What Matters More?
2. A Brand Builder’s Perspective – Wilson Chan, MaddTech Consortium
3. Case Study – Carlsberg: Probably the Best Case of Beer Marketing in the World
3. Case Study – Lee Kum Kee: A Brand That Never Ages
3. Case Study – FANCL: Total Marketing Strategy for a Beauty Brand
3. Case Study – Pizza Hut: Pursuit of Excellence, Not Technology
3. Case Study – Green Monday: Starting a Movement with Global Impact
3. Case Study – SmarTone: Be Smart When Serving Customers
2. A Brand Builder’s Perspective – Terence Ling, TBWA HK
3. Case Study – UCO: Finding a Strategic Position in the New Ecosystem
2. A Brand Builder’s Perspective – Prof. David Tse, The University of Hong Kong
3. Case Study – Chow Tai Fook Jewellery Group: Multi-Brand Strategy for Offensive and Defensive Marketing
2. Insights on Branding from Global Leaders
3. A Brand Builder’s Perspective – Kanie Siu, Plan International (HK)
4. A Brand Builder’s Perspective – Chong Got, Dah Chong Hong Holdings
5. Case Study – Memorigin Tourbillon Watch: Taking a Local Brand to a Global Stage
2. A Brand Builder’s Perspective – Kent Wertime, Ogilvy & Mather Asia Pacific
3. Case Study – Hotel Madera: Why Check Into a Hotel Room When You Can Check Out the Local Community?
2. A Brand Builder’s Perspective – Eliza Wong and David Qing, MaLogic
3. Case Study – Canon: Experience or Quality – What Matters More?
2. A Brand Builder’s Perspective – Wilson Chan, MaddTech Consortium
3. Case Study – Carlsberg: Probably the Best Case of Beer Marketing in the World
2. A Brand Builder’s Perspective – TK Wong, TKMW Creative
3. Case Study – Lee Kum Kee: A Brand That Never Ages
2. A Brand Builder’s Perspective – Edward Bell, Cathay Pacific Airways
3. Case Study – FANCL: Total Marketing Strategy for a Beauty Brand
2. A Brand Builder’s Perspective – Ruthia Wong, Mead Johnson, RB
3. Case Study – Pizza Hut: Pursuit of Excellence, Not Technology
2. A Brand Builder’s Perspective – Michael Chan, Hong Kong Institute of Marketing
3. Case Study – Green Monday: Starting a Movement with Global Impact
2. A Brand Builder’s Perspective – William Leung, Legal Aid Services Council
3. Case Study – SmarTone: Be Smart When Serving Customers
The Magic and Logic of Branding
List of Key Branding Principles
Abstracts
Welcome to the Age of “Disruption”
Connecting a disconnected world
Essence of branding
The rise of disruptive brands
Branding redefined
The 10 Cs of Sustainable Branding
From micro to macro analysis
From staying in tune to staying in touch
From customer to competitive analysis
From role to customer to role to society
The 4E Brand Management Process
Conclusion –
The magic and logic of branding
The “magical” and the “logical” sides of brands conclude our journey of Decoding Branding
and reveal the harmonious fusion of its seemingly paradoxical interpretations.
A brand has to stand for a set of values that appeals to our conscience and provides added values to improve the quality of our lives.
A brand has an intangible nature and yet is so dynamic that it cannot be contained by any physical boundaries.
A brand must provide proof to justify any consumer action and build an emotional connection beyond reasoning.
A brand must stay competitive when technologies substantially narrow the gap among different players.
A brand can delight customers by adding real value to their lives and also contributing to a more sustainable world.
As data becomes more accessible, brands that deploy a genuine understanding of consumer psychology to engage consumers creatively will gain a competitive advantage.
A wholesome brand can add magic to people’s lives instantly. As long as brands can stay relevant to consumers, they can be enduring icons.
Branding is a combination of science and art; business owners must assemble a team that consists of both the logical “left brain” and the creative “right brain.”
This book aims to form the basis for further academic research and trigger business owners and operators to pay more attention to branding.
Interviews
At the end of each chapter, the book will present an interview with a renowned brand-builder alongside a case study in branding. These interviews and case studies are arranged based on their relevance to the content of the respective chapters. Their purpose is to examine the topics covered in each chapter from the perspective of an experienced practitioner. The case studies depict real-life applications of market observations and show how some marketers have successfully weathered the storm to emerge as winners. We have listed out all the interviewees plus a sample of the Q&A in the section.
Interview with Terence Ling, Head of Strategy, TBWA Hong Kong
Mr. Terence Ling has over 20 years of marketing and agency experience, and is a chief architect of customer and marketing strategy for brands across diverse industries and regions. He is currently the Head of Strategy of TBWA in Hong Kong, overseeing a team of brand, social, PR, integrated, data, and media strategists.
Is the agency world being disrupted as well?
Absolutely. The shrinking of the entire market in recent years has been quite apparent.Some agencies have been slow in realizing that there are so many different types solution-providers today, such as online platforms, content providers, networks of key opinion leaders (KOL), and bloggers. These disruptors can be your best ally or worst enemy.
I think most traditional creative agencies do not see this change coming, which is why most of them have suffered drastically. They are slowly waking up …. no one sees integration as a luxury anymore. But at the same time, frankly, if you’re not good at one thing, linking all the good things together doesn’t mean you’re good at anything.
For too long, creative agencies have claimed to be the master of the business and relationship and promised to deliver effective communications to solve business problems. Ironically, these agencies have not held onto reliable business data, and many of this valuable information has been with the media side. This is probably due to the departure of media from the ad creation process, which leads to the lack of sharing brainpower for the good of the client.
Reviews
Embracing the digital economy, the book, full of real-life events describing the rise and fall of brands, is a wondrous eye-opener for any marketing executives who wish to understand and innovate brands for generations to come.
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