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Moral Brands
Communicate and reflect moral and ethical issues and concerns in society
May operate within a corporate brand
May influence the organisational culture and identity
Moral Branding
Brands must stand for something, and get involved in addressing societal, political or environmental issues
They must actively work to protect the values of their customers
Companies that align with a worthwhile cause may help bolster reputation and create a lasting impact as well as can breed loyalty in customers, staff and the business
Brand must be authentically aligned with the cause
Corporate Social Responsibility (CSR) as Brand Strategy
CSR focuses on different responsibilities: PESTLE, philanthropic, ethical
CSR programmes need to be more than just well-intentioned: they need to be effective
Corporate Reputation
refers to an individual’s reflection of the historical & accumulated impacts of previous identity cues
corporate reputation is built by the actions of a company as perceived by those it affects (transparency, trust, feedback)
companies need to communicate their corporate values so that stakeholders can see it is living out its mission and values
it is something that is cultivated over time
Difference Between Product and Corporate Brands
Corporate Branding
when a company markets itself
the corporate brand defines the organisation that will deliver and stand behind the offering
Corporate (Re)Branding
changing markets may force organisations to engage in corporate rebranding to ensure that the organisation identity and external image are balanced and affiliated.
Sense of Belonging Structure
Anti-Brand Movement
actions against brands
most actions are organised from third sector organisation
types: boycott, activism, humour
Brand Responses to Anti-Brand Movement
Avoidance Strategies Include:
pre-emptive registration of brand names and sub-brands
use of social media and genial media monitoring tools to seek evidence of infringement
staying vigilant
legal action against those seen as responsible for infringement
Action can draw more attention to the problem