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Year In Review for
Brands: 2008 Winners and Losers |
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Tim Halloran
of Brand Illumination presents his firm's take on the best and
worst brands of the year 2008. |
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"Brand
Winners" |
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Wal-Mart |
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Tough economic times served as a brutal reminder of how linked to low
prices the Wal-Mart brand is. As retailer after retailer announced Chapter
11, Wal-Mart announced that it was posting gains. Throughout the
years, Wal-Mart has stayed true to the most important branding principle -
having a consistent, compelling message - quality items at low prices.
During this economic crisis, American consumers are looking to save money
- and everyone knows you save money at Wal-mart. |
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Wii (and Wii
Fit) |
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Nintendo's Wii continued its torrent sales pace in 2008 and took its
"active game playing" to the next level with the introduction of the Wii
Fit, a virtual exercise program with balance board included. The
workout program is expected to generate over three million sales this
year and its parent system proved recession proof, selling over two million
consoles in November alone, twice the amount in November 2007. Wii has
been successful because it is based on a core, fundamental idea - active
game play. Given the overall consumer trend of health and wellness,
this core proposition should continue to reap substantial rewards
for Nintendo. |
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Everything that
starts with "i" |
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iPod, iTouch, iPhone, iTunes, iTalk, iLounge, iStation... the list keeps
growing of Apple's brand that is now distinguishable by a single letter.
The "is" have created a revolution in handheld and entertainment devices
that has radically changed consumer relationships. Even the iMac has
enjoyed a renewed resurgence as a result of the innovative, open-minded
halo that surrounds Apple, accurately portrayed by the PC guy vs. Mac
guy campaign.
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"Green" |
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Not so much a brand, but a revolution, "green" has found its way into
multiple product sectors. Four dollar gas prices this summer didn't hurt,
and as a result, the American consumer bought "green" products like
crazy. The Toyota Prius was selling for thousands of dollars over its
asking price, Clorox "Greenworks" natural cleaning products sold over
$14 million within 6 months (not counting Wal-mart), and the green
initiative caused almost all major package goods firms to dramatically
rethink how they packaged their products. "Green" is a compelling trend
that will only continue to expand in scope and importance.
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Barack Obama |
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And the obvious award goes to Team Obama, who created a brand that
generated unparalleled passion by its core consumers through innovative
tactics within the political arena. Obama communicated with his target
where they already were. He established an on-line community of supporters
and created a dialog with consumers through almost daily e-mail blasts.
Obama's brand stayed true to his brand message, and more importantly,
true to his image. Obama's "Change" message resonated. Unlike his
opponents, he stayed consistent. He communicated a calm, cool demeanor.
In short, he convinced the American people that he is a leader. For all
these reasons, he will become the 44th president of the United States.
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Tim Halloran is
President of Brand Illumination, a branding firm that works
with products and people. Tim provides brand "illumination" for numerous
leading traditional and non traditional brands. He can be contacted via
e-mail (tim@brandillumination.com)
or telephone (+1-404-218-4117). |
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