Each year I highlight a few brands to watch. Let’s take a look at how things worked out for some of my 2017 selections. Amazon My question about Amazon: could the company keep the momentum going despite the lack of significant profits? The answer is pretty clear—absolutely. When I wrote my post last year the stock […]
BMW is one of the world’s top German brands. For many years, however, the company has intentionally downplayed its German roots, striving to be both German and local. It was only somewhat German. This strategy was perfectly brought to life in BMW’s 2014 Super Bowl ad, called “Built in America.” The spot featured an earnest […]
Building a great brand today requires a delicate balance: You have to be consistent while also constantly being new and different. Consistency and Change Consistency is the foundation of branding. A strong brand should stand for something and repeatedly reinforce that message. Apple, BMW, Rolex, Emirates and Wal-Mart all have very distinct associations. BMW is […]
People love to question the power of brands. “With Amazon dominating the world, brands are done for,” some proclaim. “In a digital world, you don’t need brands,” others note. Another group insists, “Social media trumps everything! A referral from a friend is far more important than a brand.” These are all interesting thoughts, and not without […]
The Coca-Cola Company has come out with a new advertising campaign. You can watch the ad here and read more about it here. My overall assessment? Things aren’t going well at Coke. The new campaign is clearly designed to improve perceptions of Coke. The ad features two employees, Jon and Willie. Jon is a hydrologist, and […]
This is a new addition to my blog. Every month I will highlight one notable brand, an example of branding best practices. Expect to see a wide range of brands over the coming year. If you have a nomination, send me an email at t-calkins@northwestern.edu Perhaps the most important marketing lesson is this: you can’t […]
It is back to school time! All around the world, students are organizing school supplies, looking forward to seeing old friends and becoming sleepless with the excitement of a new academic year. It is a universal experience shared by pupils of all ages. My daughter Anna started school yesterday, and my MBA students at Northwestern […]
Strong businesses are built on great customer service. When people are happy, they come back and provide endorsements. They may even be willing to pay more when they can anticipate superior treatment. Poor customer service, on the other hand, does enormous damage; it can destroy a business. Customers don’t return, forcing a company to constantly attract new customers, an expensive and […]
A few thoughts while flying back from a quick trip across the pond. I spent a few days with my family in three wonderful and historic cities: Prague, Paris and Florence. Macron and the Power of Hope Things feel upbeat in Paris. We had dinner with several different French families, and all expressed excitement and […]
Last week Disney fired the voice of Kermit the Frog. Steve Whitmire had played the famous green frog for the past 27 years. As he said in an interview, “Playing Kermit is my life.” While details are a bit sketchy, it appears that Whitmire was a difficult employee. He refused to perform at certain events and […]
We are near the end of annual report season. If you own many individual stocks, by now you have received a flood of reports and proxy statements. Some people get excited about spring because of baseball and flowers; I look forward to reading about different companies. It is interesting to see how firms approach this annual […]
It is graduation time, an exciting and festive part of the year. Here at the Northwestern University’s Kellogg School of Management, students are trying on robes and getting ready for the commencement ceremonies later this week. Recently I provided some financial advice for graduates. This article is to offer advice on building a strong personal brand. It is […]