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
Losers" |
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Microsoft |
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Apple continuing to de-position Microsoft (and PCs) as out of date and out
of touch, the glitch filled Vista product launch, and the horrendous Jerry
Seinfeld ads - it just wasn't a good year for Microsoft. Trying to out-cute
Apple, the Microsoft Seinfeld-Gates campaign came off as disjointed,
inconsistent, and just plain weird. But don't forget, it is Microsoft -
something tells me they will re-emerge stronger in 2009.
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The World Series |
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Baseball's crown jewel has quickly become an afterthought mostly due to its
own actions. How long has it been since there has been a good World Series?
We haven't had a relatively "close" World Series since 2003 when the
Marlins beat the Yankees in 6 games and in 2002 when the Angels beat the
Giants in 7. Add to that the elimination of all World Series day games,
the average ending time of a World Series game happening way past midnight
in the east and you have an entire generation of kids (and parents) that
completely miss baseball's crowning event every year. Compare what the
World Series has become versus the NFL's Superbowl and you will see that the
World Series brand is in major trouble.
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Sirius XM |
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Neither satellite radio station ever came close to getting the number of
subscribers needed to actually put together a profitable business. So what
do they do? Merge two unprofitable companies together in the hopes that
together they can do better than one unprofitable company. Let's start
with the marketing geniuses who decided that the best way to name this
new entity was to combine two immensely disappointing brands and voila,
you have Sirius XM. Now that is innovation!
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Starbucks |
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What happens in a bad economy? Housing prices plummet, companies file
bankruptcy, and consumers stop spending $4 on lattes. If Wal-Mart is a
beneficiary of bad economic news, then Starbucks is one of many victims.
The brand will either have to ride the storm out or find products that
their cash strapped consumers can actually afford.
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Bailout Brands |
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AIG, Bear Stearns, Fannie Mae, Freddy Mac, Goldman Sachs, Morgan Stanley,
and Citigroup - most of us knew these "brands" in passing and knew that
they did something in the financial arena. But we all know them now as
the beneficiaries of billions of dollars as a result of the 2008
financial crisis. Not exactly the type of "brand awareness" a firm
desires. And with the auto companies still looking for a handout and
rumors of others stepping up for a handout, we hardly have seen the end.
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The Republican Party |
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Ask 74% of the American people, and they will tell you the current
President is an absolute disaster. They lost scores of seats in Congress
and now are clearly the minority party today. They managed to take the
blame for the current economic crisis, when clearly it was equal
incompetence from both sides. The Republican brand doesn't know what it
stands for and it has numerous splits trying to move it into their preferred
direction. It's time for a brand repositioning.
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