News Update :

Creating Brands Online

Tuesday, December 11, 2007

I’ve been writing about online branding for quite awhile, in my textbook and some marketing encyclopedia articles. The chief point has been that we have a whole new set of interactive tools to use on the web, whether we are creating new brands or strengthening existing ones. The tools are:

•Personalization
•Co-Creation of Content
•Purchase-Process Streamlining
•Customization
•Dynamic-Pricing
•Brand Community

Many online marketers use several of these tools well. Amazon has pioneered some of them and uses most of them well; I’m not sure they engage in dynamic pricing. What I am sure of though, is that when you do it well it can become an information product. When I ordered Christmas gifts from Target online I was given a choice to use their checkout process or Amazon’s. That was a surprise, but no big decision. I have my account set up on Amazon, I trust that they take care of my data, and I’d use them whenever given the chance. Seeing Amazon in that context didn’t do any harm to their brand image either!

There are new branding opportunities inherent in Web 2.0, as the description of Verizon’s recent branding activities in today’s iMedia Connection suggests. And that article doesn’t include Verizon’s My Home 2.0 promotion I discussed earlier—different agency I think.

Having suggested a new media model that reflects that new reality, I’ve been thinking about branding. I posted my thoughts on the eBrandMarketing site. Hope you’ll take a look and tell me whether you think this is the way it can work in the Web 2.0 world.
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