Posts Tagged ‘Thank You Mum’

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Of Brand Equities and Sponsorships

In Campaigns,Strategy,Views and Reviews on April 21, 2012 by Jox Tagged: , , , , , , , , , , ,

Recently, this massively touching Procter & Gamble global ad featuring dedicated mothers as driving forces behind Olympic winners reached into viral mode. The “Thank You, Mum” campaign is simple as it is genuine but what makes it successful is its relevance with the upcoming 2012 Summer Olympics in London and all the emotions attached to the anticipation of knowing the medalists and their stories. True enough, the underdogs often rise in the world arena.

It is no doubt a strategic move for P&G in communicating to their consumers worldwide. Their products may have been household staples but the brands should strive to remain significant through time. By becoming a major sponsor of the Olympic Games, the company shares the spotlight even if it doesn’t need much push for consumer preference due to its brands’ competitive edge. However,it still pays to have a strategic undertaking when it comes to sponsorships.

Brand Equity is a pillar of Brand Identity. It is basically the strength of a brand and its ability to transmit the same strength to other products and conditions under it or associated with it. Below is an extensive explanation by Investopedia.

With big companies such as P&G, sponsorships can be very common from the smallest village projects to worldwide events such as the Olympics. The greater the brand equity, the more sponsorships get attracted.

When this happens, people in the company must be aligned with the marketing strategies of the brands such that anyone who may say yes to a sponsorship, enriches the brand rather than dents it. Moreover, sponsorship partners must be properly oriented about the brand so they are aligned. I have seen several brand violations unintentionally done by partners just because they were not aware.

The brand must be consistent across communication points especially if it has a strong equity. Any deviation from how it is recognized and admired by consumers can be damaging. Sure, some might claim that brand manager can be exaggerated but that’s because they are custodians of the brand.
Brand managers should not be alone in maintaining the brand’s integrity in any event. There must be a solid and updates brand book that explains the brand from its visual treatment to emotional associations. This brand book is the single consistent guide of any one who wishes to deal with a brand as soon as allowed by the brand manager and/or communications director.
Brand books are not just for big brands who can afford strategic agencies but for budding ones as well. So for any business owner who wishes to make their products distinct, it is time to get started.#
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