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Words: | Submitted: Mon Jun 19 2006
... cost reduction, a sense of brand community, a seal of approval, and robust symbolism. Even though corporate branding seems to be the right answer for most companies, it is not applicable for some companies. Examples of such companies are those with a number of strong product brands, and each brand represents its line and market, such as the Gap, Banana Republic, and Old Navy. Discussion For the past years, the business world has enthusiastically experienced the occurrence of strategic branding transformations. It has seen a shift from product branding to corporate branding as a new marketing strategy and a company's valuable asset. Corporate branding does not explicitly advocate a company's products and their features, but rather present significant corporate values to both internal and external entities. The goal of corporate branding strategy is to establish a lucid direction and coherent relationship among various stakeholders, as well as illustrating a strong image to ...
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