Abstract
This paper presents an understanding of the Brand Flux Model via case studies of service organizations that after numerous attempts to deal with environmental pressures by various forms of rebranding or repositioning made the decision to radically rename. Given the importance of a corporate brand, and the significance of the name to the brand, the study specifically explores why these organizations decided to change their names. As technology increasingly generates vast amounts of marketing data from scanners, Facebook, Twitter, etc. the inability to synthesize this data stream has the potential to become a disruptive factor to an organization’s strategic plans, and puts a premium on the ability to rapidly adapt to today’s dynamic business environment. This paper describes the Brand Flux Model, which illustrates brand management actions an organization can pursue in response to the pressures brought on by this wave of marketing information. To the extent an organization can successfully manage the brand within the Brand Flux Model, the extremes of renaming or retirement of the organization brand is not necessary. But this recent wave of instantaneous marketing information flow and nearly instantaneous consumer awareness of issues affecting the organization brand has reduced the luxury of brand management deliberation.
Original language | English |
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Title of host publication | Proceedings of Academy of Marketing – Catching the Technology wave |
Publisher | Academy of Marketing |
Number of pages | 7 |
ISBN (Print) | 9780854329472 |
Publication status | Published - 2 Jul 2012 |
Externally published | Yes |
Event | Academy of Marketing Conference 2012: Marketing: catching the technology wave - Southampton, United Kingdom Duration: 2 Jul 2012 → 5 Jul 2012 https://www.academyofmarketing.org/conference/conference-history/conference-2012/ |
Conference
Conference | Academy of Marketing Conference 2012 |
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Country/Territory | United Kingdom |
City | Southampton |
Period | 2/07/12 → 5/07/12 |
Internet address |