Update: After going through the presentation I kind of had a few random thoughts that I needed to put down, please excuse me if my ramblings don’t make sense.
The part of this presentation that really stood out for me was collaboration. The presentation illustrates three methods of collaboration:
- One Stop Shop
- The Brand Agency
- Intergrated Marketing Team
I have no idea which is the best one to use, all I know is that neither of them control the ownership of you brand. Your customers own your brand. Like the presentation says, “..brands are defined by individuals, not companies, markets, or publics”. So here is where Social Media comes into play. How about individuals building your brand?
It’s already happening, those who are brand enthusiasts will talk about a brand all the time. Blogs are one of the many mediums that brand enthusiasts use to talk about brands they love. A company that has millions of bloggers talking about it world wide is Apple. They hardly needed to advertise the iPhone online because thousands upon thousands of bloggers did it for them.
So whats the best way to build a great brand? Build a truly great product and listen to your customers. The rest will take care of itself.