Page 33 - Strategic Marketing Complete
P. 33

BUILDING BRANDS

                                  the brand has kept steve Jobs ‘alive’,

                                showing an authentic person with a
                               strong, uncompromising vision.



           Fourthly, the brand has kept      influence our lives in the most   units in the hope of reducing their
           Steve Jobs ‘alive’, showing an    intimate manner. The FAANGs today   influence.
           authentic person with a strong    have a market equivalent of 19%
           uncompromising vision, and        of US GDP: As Toby Shapshack,     To reflect on the world of the mobile
           through this, note the researchers,   Publisher of Stuff magazine   phone, a decade ago Nokia and
           ‘historically Apple has made users   puts it, “it’s ongoing confirmation   Blackberry, the pride of Finland
           feel that they are different or stand   of how digital has become the   and Canada respectively, were in
           out from the crowd; [that] we’re in it   centre of our lives that these tech   rude health, whilst Motorola was
           together”.                        behemoths are the most valuable   hanging in there. No more. One
                                             – and dangerously most powerful   has to wonder, then, what the scene
           And finally, Apple always starts with   – firms in the world.” These firms   will look like in 2027, when Apple
           the customer and works backwards.   not only have fantastic brands (and   reaches its half century. The Chinese
           “People often respond to Apple    remember these brands have the    and Koreans are intent on chasing
           products because they seem to     sort of influence and power that is   the Americans down, but arguably
           be built with an understanding of   changing the world and our lives)   the biggest threat to these tech
           what the user wants to get done –   but in addition, are financially   giants comes not from potential
           sometimes even before the user    engineered to pay as little tax as   competitors, but rather from the
           does,” say the researchers. Today   possible. There is even talk of the   various regulators who have been
           Apple has over 1.3-billion active   need to break them into smaller   caught napping.
           devices.

           Giants today, gone tomorrow?                                         eremy Sampson started his
           We have known for some time that                                     design company in 1973. It grew
           the so-called FAANGs (Facebook,                                      to be one of the top design
           Apple, Amazon, Netflix and Google)                                 companies at that time. In 1992 he
           are the standout brands in this                                    established and built the Africa arm
           new world. They are agile, quick to                                of global brand and design group
           respond to the needs of consumers,                                 Interbrand, stepping down in 2014.
           and are causing disruption on a
           massive scale. They have GDPs                                      Today he is doing for London-based
           greater than many countries, taking                                Brand Finance what he did for
           advantage of the lack of legislation                               Interbrand, building its presence in
           and inability of regional global                                   Africa. (Brand Finance was formed
           bodies to work together in concert.                                by ex-Interbrander David Haigh
           Their power and influence are                                      some 22 years ago, and today has a
           immense, as they touch and                                         presence in over 25 countries).





                                                       Marketing the Future is a means through which the IMM Graduate
                                                       School reconnects with past and present students. Moreover, it
                                                       provides a platform to stimulate thought and discussion around
                                                       some of the critical challenges and opportunities emerging from
                                                       the marketing industry today.

                                                       The  first  event  featured  trend  analyst  Dion  Chang,  advertising
                                                       and brand expert Pepe Marais and communicator Jay Badza.


                                                       For further details: www.immgsm.ac.za






           The IMM Graduate School of Marketing is registered with the Department of Higher Education and Training as a
           Private Higher Education Institution under the Higher Education Act, 1997. Registration Certificate number 2000/HE07/013.  Strategic Marketing - p31
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