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By Claudie Clot
- CEO of advancis.com
Our obsession with traffic has been so intense during the past 5 years that it has impeded our ability to understand the dynamics of doing business on the Internet. As thousands of companies focused their efforts on inflating log files, a select few (Apple, Google, Yahoo!, Amazon, etc...) have made investments in building strong brands. Today, these companies are stronger than ever, growing each day as the Internet population booms.
Notice that the list includes
only Internet or Technology companies. This illustrates the inherent
problem with branding. Too often, companies shy away from developing
brands, thinking it remains the exclusive domain of technology
companies that have the means, staff, and time to develop clever
corporate communications programs. The fact is that all companies
should invest their efforts in building strong brands because
the interest they pay over time can make a business successful,
very successful.
Empires have been created on powerful brands. Take the Virgin Group for example. The Virgin brand name is so powerful that the company can easily grab 15 percent of most markets it enters. That is powerful equity. | more
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