Gem’s I tell you…… Gem’s !!!!

August 30, 2007

I was at a convention of my branding and marketing peers this week.  I paid fortunes of money to listen to the following GEM’s.  These were taken from the speeches of the presenters. 

 I am new to blogging and due to my lack of knowledge regarding defamation and other legalities, I will not name any of the parties.

Suffice to say some were marketing directors, others top in their field of marketing.

“Green, is only important if customers think it is”

“As we all know the consumer is not very stupid and they woke up to the fact that there was little value”

“We gotta hijack events”

“Get me into the ASA!”

“What we strive for is a situation where people have an unreasonable love for a brand”

 ”Most ad creative people want to work on Nando’s otherwise they have not contributed creatively to South Africa”

Where do I begin to tear apart such comments.  All made by industry leaders in our South African economy.  If some of these comments resonate with you and you hold such statements as true then please help me here.

In my world its a little different.

Green is important.  Fuck what the consumer thinks

If you know the consumer is not very stupid then why don’t you acknowledge it in the first place.  Treat her with respect.

 Hijacking is for terrorists

 The Advertising Standards Authority has become an ad award  generating body

 An unreasonable love for anything leads to psychopathic behaviour

Call me old fashioned, but to contribute to the creativity of the land some may argue that commerce is only one arena.

Or perhaps I am just an astute Gemologist!

branding convention

August 29, 2007

What is this branding all about actually.  This perception management of our lives.  I have studied it and worked in it all my life.  But what is it all about?

I heard some things today that scared me.

It is widely understood that brands are no longer merely products and services.  They are the vessels of value, or what we think they are in our minds.  I have known this for a while. 

So brands are what we think they are and are effectively the connection we have with them.  They are no longer the hard bricks and mortar assets of old.  Most of Coca-cola’s market cap is made up of BRAND EQUITY.

Branding agencies are selling us more brands to take up our headspace and companies around the world are  growing their brand asset.  Basically value around the world is increasing not in buildings and factories but in our minds.  The balance sheets of this world are representing what is going on in our minds.  We are creating value out of brain matter.

Look for it on the balance sheet……

Dangerous !  We are creating a world where the intangible is king.  When we change our minds we will change a companies brand value and most of that companies value.   With a change in our minds we can sink General Electric. 

Classicaly I have been told that i can vote in this democratised world of branding with my wallet.  I can also revolt by not buying something.  But now i have a new way.  I can shut out a brand from my mind.  I can erase it from my lobal software along with all its perceptions associations and other branding jargon.  That way i can affect a companies balance sheet.

 Aren’t we creating a bubble?

Time to buy GOLD!


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