Marketing Magnified

IN THIS ISSUE

Social Media: The Smart Choice
Now is the time for marketing leaders to embrace social media

Engagement as the New Business Battleground
True engagement goes beyond customer satisfaction and loyalty

On Marketing in South Africa
An interview with SAB Miller Marketing Director Ian Penhale

The Marketing Mega Opportunities of 2009
From no-logo branding to real-time-societies, this year's big marketing opportunities.

SURVEY

Marketing Outlook 2009

CMO Council Survey:
Marketing Outlook 2009

The 2009 Marketing Outlook Survey, the largest independent assessment of senior marketing executives today, is an annual global benchmarking initiative undertaken by the Chief Marketing Officer (CMO) Council. Given the economic challenges and market pressures worldwide, this year's review of '08 performance and '09 challenges and intentions is far deeper and wider than before. The results of this study will be extremely valuable to all participants seeking peer-level input and consensus on critical issues and priorities in the year ahead.

Take the Survey »

FEATURED PROGRAM

Redefine the Design: Help Reinvent Mobile

Reinvent Mobile How can millions of digitally dependent mobile computer users help the PC industry design better, more functional and satisfying products?

An ambitious, first-of-its-kind program called Reinvent Mobile aims to facilitate just that by aggregating a vibrant new channel of co-innovation, collaboration and customer engagement.

Developed by Phoenix Technologies (Nasdaq: PTEC) and the Forum to Advance the Mobile Experience (FAME), an industry ecosystem group led by the Chief Marketing Officer (CMO) Council, Reinvent Mobile will engage end-users in the design of next-generation mobile computers. The initiative includes a new, global online community, www.ReinventMobile.com, where users, experts and thought leaders can meet to exchange ideas and share experiences.

Learn more »

DOWNLOAD

Slam the Online ScamSlam the Online Scam

Nearly 60 percent of people who reported being victims of cyber crime experienced malware and "malicious intent," according to an analysis of data collected from the "Take a Byte Out of Cyber Crime" campaign initiated by the CMO Council and its public sector partners. The CMO Council has launched a new initiative with AVG Technologies, called Slam the Online Scam, to give away security software to identify fraudulent eCards and eGreetings that contain malware or send recipients to bogus or contaminated Internet sites to collect personal identity information.

Download the software »

TALENT SOURCING CENTER

CMO Council Talent Sourcing Center: Latest Postings

The CMO Council’s Talent Sourcing Center helps members identify, recruit and evaluate new resources and opportunities worldwide in a discrete and trusted environment. Some of our newest positions include...

Senior Marketing Communications Specialist
Motorola | Schaumburg, IL

Senior Sales and Marketing Director
LA Convention Center | Los Angeles, CA

Senior Product Marketing Manager
Honeywell | Maple Grove, MN

View All Jobs

READING

Answering the Ultimate Question: How Net Promoter Can Transform Your Business

Answering the Ultimate QuestionFred Reichheld’s 2006 book The Ultimate Question (that question being, “How likely is it that you would recommend this company to a friend or colleague?”) challenged the conventional wisdom of customer satisfaction programs. It coined the terms ‘bad profits’ and ‘good profits’ and pointed to a faster, much more accurate way of gauging customers’ real loyalty to a company, introducing a quantitative measure (the Net Promoter Score) for establishing a baseline and effectively tracking changes going forward. Richard Owen and Laura Brooks are co-developers, along with Reichheld, of the methodology behind answering the question. In this book, Owen and Brooks tell how—based on a variety of real case studies—to actually embed Net Promoter discipline in organizations of all types. Available from Amazon »

Engagement: Winning the Battle for Customer Hearts and Minds

EngagementLeading loyalty experts from Allegiance, J.D. Power & Associates, Peppers & Rogers Group, CustomerThink, and others have compiled a book examining the critical nature of engagement as the new business battleground. The book is aimed at marketing and business executives who are looking for innovative approaches to increasing customer and employee loyalty. Chapters provide insights and guidance on how to use engagement as a competitive advantage, the economics of engagement, how to increase customer loyalty, the link between employee and customer engagement, and more. Free eBook »

UPCOMING EVENTS

11th Annual Customer Experience Conference
Date: February 2 - 4, 2009
Location: Henderson, NV

Companies will share their experiences across critical integrated customer strategies ranging from customer segmentation, employing customer lifetime value analysis, and refined call center and internet strategies to the use of next-generation customer retention programs and new social networking technologies to innovate and reach customers directly. More »

Business Gain From How You Retain Dinner Dialog
Date: February 5, 2009
Location: Palo Alto, CA

An evening of networking and collaboration around how to develop and maintain customer loyalty to maximize bottom line growth. For information or to RSVP, contact Kim Korupp »

10th Annual Sales & Marketing, 2009: A Frost & Sullivan Executive MindXchange
Date: February 8 - 11
Location: Anaheim, CA

The discussions are interactive and incredibly candid. The powerful agenda, including three tracks, 17 interactive sessions, industry trailblazing speakers, nonstop networking, speed meetings with solution providers, and an exhibition, is designed to help you to drive revenue growth. It's a smart investment of your time and resources, with a guaranteed ROI. More »

Business Gain From How You Retain Dinner Dialog
Date: February 17
Location: Rathbun's - Atlanta, GA

An evening of networking and collaboration around how to develop and maintain customer loyalty to maximize bottom line growth. For information or to RSVP, contact Kim Korupp »

DMA Leaders Forum
Date: February 23 - 25
Location: Naples, FL

The Direct Marketing Association's Leaders' Forum 2009 will convene CEOs, CMOs, thought leaders and academics representing direct marketing's diverse, multichannel community. More »

B2B Online's NetMarketing Breakfast Series
Date: February 26
Location: San Francisco, CA

From video and mobile marketing to social media and widgets, a panel of experts will reveal the tools and technologies that have and have not worked for them. More »

FEATURED REPORTS

Giving Customer Voice More Volume: Turning Customer Pain into Competitive Gain

The research initiative examines the adoption and use of customer listening, feedback, engagement and advocacy systems across all markets and industry sectors, evaluating how well senior marketing executives are leveraging their contact center, help desk, telemarketing, consulting and agency partners to integrate Voice of Customer (VOC) capabilities into mainstream operations and organizational fabrics. The report takes a fresh look at marketing's ownership of the customer experience to provide perspective on the role of marketing executives in ensuring that all operational areas and organizational processes are harmonized and optimized to deliver on brand promises and drive customer advocacy, satisfaction and loyalty.

Download »

JOIN THE CONVERSATION

If you would like to submit an article or recommend one, please follow these guidelines:

  • Maximum 1,000 words
  • Microsoft Word format
  • Use Arial typeface
  • Appropriate Content for Executive Level Audience
  • Marketing-Related Content

Send your submission as an email attachment to:
Liz Miller
VP, Programs & Operations
CMO Council
mm_content@cmocouncil.org

01.26.09 Companies Missing Big Opportunity to Turn Customer Pain into Competitive Gain A new CMO Council study implores marketers to drive major changes in how companies measure and optimize customer experience and advocacy. More » 01.19.09 Marketing Outlook 2009 Survey Underway Given the economic challenges and market pressures worldwide, the CMO Council's third annual Marketing Outlook review of '08 performance and '09 challenges and intentions is far deeper and wider than before. Participate »

EDITOR'S CUT

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Don't you hate it when you send in a complaint and NOTHING HAPPENS? Even more, don't you hate it when you find out that irate customers are talking about a negative customer experience online, splashed across blogs everywhere? And isn't it even worse when you read that people AGREE? What you see, in plain, cyber black-and-white, is the worst of the detractor versus advocate pendulum. As is rightly pointed out through the NetPromoter score, what we want—in simple terms—is MORE advocates and recommenders. But what we REALLY want is to take detractors gently by the hand and turn them into loud, can't-be-stopped, no-matter-what, shout-it-from-the-rooftop advocates.

Here is the problem: according to our latest research, most of us would be hard pressed to know where to start. Worse, many of us aren't even listening.

Now, don't get mad at me...it's what you, our CMO Council community, told us:

  • Only 38 percent of companies gather customer insight from customer engagement situations.
  • Just 32 percent look for ways to turn problems into new sales opportunities, and only 15 percent introduce new products or services to further monetize the relationship.
  • Merely 17 percent use customer interaction to identify and cultivate potential customer champions and advocates.
  • 27% of marketers rate their company's commitment to customer listening as needing improvement.
  • Only 8% of companies are monitoring voice of the customer on social media sites; 11% monitor blogs; and only 3% monitor "grudge" sites on the internet. However, 58% claim that the internet and social media has changed customer experience and expectation around the brand.

We all get it: we are in tough times that call for marketers to focus on loyalty, retention and engaging in programs that elevate the advocates and revive and recalibrate the detractors. So why isn't anybody listening to the customer in every way possible?

These issues and more are explored in our new research, Giving Customer Voice More Volume. We were very lucky to work with customer experience experts, Satmetrix, to unearth the trends specific to customer listening, customer experience and marketing's role in building and redefining the "customer-centric culture."

It isn't as easy as putting your ear to the wall and listening. We must wrap that customer voice with real programs and solutions that build and grow customer centric behaviors. We have to measure, monitor and improve on experience as a constantly evolving and growing project.

The report is now available to download, and if you are at all interested in listening to your customers—actually hearing them and acting on their needs and expectations—we have a fantastic group of peer-experts who have shared their best practices in developing customer experience.

Until Next Month!

Liz Miller
VP, Programs & Operations
CMO Council

FEATURED ARTICLE

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Social Media: The Smart Choice

By Sandy Carter, IBM, author of The New Language of Marketing 2.0

With the current economic situation, now is the time for the best marketers and sales leaders to embrace Social Media. Why? The market has shifted its expectations. No longer are people leveraging the web to just access information, but they are sharing, participating and co-creating in greater numbers. And to advance leads in the sales cycle, social media has the tools to make it happen! Following are some concepts I researched and wrote about within my new book on Marketing 2.0, as well as ones I've experienced first-hand as a marketing executive at IBM.

For Marketers, Lightly Branding is Key!
For marketers, social media has shown how to drive opportunities in greater volumes into the pipeline. "Lightly branding", which is having your customers and communities drive your brand, is happening all around us. Companies today are custodians of their brand, not the owners. In a global world, consumers are taking that brand equity and building their own stories. It is these stories that are now at the heart of trust and relevance.

Social media is the toolset to allow pre-existing social networks to produce exponential increases in brand awareness and new customer leads. It is more powerful than third-party advertising because it conveys an implied endorsement from a friend. And it provides you with a way to personalize your brand.

As an example, one area of business at IBM, Business Process Management, enables companies to continuously optimize their business processes and adapt them to rapidly changing needs. IBM has a section of the ibm.com website dedicated to this product group, but in addition, has contributed to a third-party micro site on this topic. Therein the IBM team leveraged some fun video problems and other tools to better serve those customers who prefer to educate themselves in that community environment.

Differentiation is no longer about product/service but rather is based on the concept of engagement and long-term relationship. For instance, in one of the book's exclusive Online chapters, a small company in San Antonio, Texas called RackSpace, is highlighted because of their virtually 100% referral business. Driven by viral reference videos, and what they call "Fanatical Support", they have actually co-branded their stellar service as a competitive advantage. Full Article: http://www.ibmpressbooks.com/articles/article.asp?p=1273853

Lightly branding is one way to start that long-term relationship and to drive new leads. It works both ways though! Just recently, due to Twitter comments, Johnson & Johnson's Motrin brand took a lightly branded approach by removing their new ad due to tweets about the ad's impact on their "brand".

Guiding principles:

  • Businesses no longer hold absolute sway over the decisions and behavior of consumers
  • The longer companies refuse to accept the influence of consumer-to-consumer communication a-nd perpetuate old ways of doing business, the more they will alienate and drive away their customers
  • To succeed in a world where consumers now control the conversation, and w-here satisfied customers tell three friends, while angry customers tell 3000, companies must achieve credibility on every front

For Sales, Social Media is a Word of Mouth Channel!
Social media is a new channel. Through real time social media techniques, like blogging, Twitter or online chat, a channel of support or assistance can be focused on a particular topic. It offers an opportunity to interact with a person in a non-threatening manner moving from B2B to P2P - person to person.

As an example, using its social chat capability, IBM increased its leads, improved customer satisfaction, and drove up sales productivity. From their ibm.com/soa web site (for IT architects), IBM leverages a set of pre-determined "qualifications" to pop up an online chat. In just the first 3 months of operation, IBM has seen over 2,845 chats with new customers, resulting in 182 validated leads and is now extending the online chat to Germany, China and Japan.

The social media channel provides a way to respond "just in time", not waiting in a reactive mode. In fact, it allows a pre-qualification process for new customers. It gives you the ability to have a conversation with your prospects when they're most receptive -- while they are on your website or on your Twitter Channel actively gathering information.

Guiding principles:

  • Skills matter. The presence in front of prospects is very important, so you want your best and brightest reps doing the real time chats. They need to be very knowledgeable about the products and services, not simply communicating at a high level.
  • Your mom taught you etiquette! Use it online! There is online etiquette for inviting people to chats, and for chatting with them once they accept. For example, don't immediately pop up an invitation within the first 30 seconds that a person is on your site.

Sandy Carter is author of the new book, The New Language of Marketing 2.0, www.ibmpressbooks.com/angels and IBM's Vice President, SOA and WebSphere Marketing, Strategy, and Channels. She is known for her outstanding innovative Marketing 2.0; she has led the brand to win 14 industry marketing awards in the past year. She'd love your comments! Please blog her at http://socialmediasandy.wordpress.com/ or follow her on Twitter at http://twitter.com/sandy_carter

FEATURED ARTICLE

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Engagement as the New Business Battleground

By Adam Edmunds, CEO of Allegiance, Inc.

Traditionally, businesses have competed in the battlegrounds of price, service and quality. However, with the increasing speed of change, companies are having difficulty maintaining a lead based on these elements alone. Engagement presents a new way for companies to surpass their competition. Engagement, which involves making an emotional connection with customers, provides a competitive edge that can make the difference in a company's success or failure.

True engagement goes beyond customer satisfaction and loyalty. Customers become engaged with a company or brand through the repeated and ongoing positive interactions with it. When customers are engaged with an organization, they are passionate about its products and services, as well as aligned with the purpose and direction of the organization.

Engagement is needed more than ever during tough times because it has a powerful impact on retention, growth and profits. Engaged customers demonstrate behaviors such as referring other people, buying more products more often, staying longer in a business relationship, and remaining loyal even when faced with poor customer service or a bad product experience. Customers who increase these desirable behaviors are more economically valuable. By measuring the impact of these behaviors, business managers can show how engagement activities increase revenues.

To capitalize on engagement, businesses first need to understand what drives engagement so that it can be measured. Allegiance loyalty experts have identified four primary drivers of engagement. They include Feeling Protected, Feeling Confident and Informed, Feeling Valued, and Helpful Service. These drivers are the foundation of how customers rate their emotional bond with a business. They also provide a basis for measuring and evaluating levels of customer engagement over time.

For example, customers begin to form a strong emotional bond with an organization after they experience multiple episodes of helpful and enjoyable service. Over time, exceptional service and learning experiences engender a belief and feeling that a company cares about the overall wellbeing of its customers. When this happens, customers "buy in" and "relate to" the vision and direction of the company. They gain a sense of protection and security. The result is totally engaged customers who identify and express themselves by the company's products and services they purchase and use.

Historically engagement has been elusive and hard to measure. However, there are four outcomes of customer engagement that can be measured in actual dollars:

  1. Share of Wallet - Engaged customers buy more products/services, more often
  2. Positive Referral - Engaged customers persuade potential customers to switch brands
  3. Customer Churn - Engaged customers remain loyal and stay longer
  4. Feedback Response - Engaged customers give more feedback, which allows companies the opportunity to address concerns and save potentially lost revenue

The ability to identify, measure and manage engagement cost-effectively across the enterprise is now possible with new technology, thus opening up a new opportunity for businesses. What used to be available only to companies with a culture built around the concept of engagement is now available to a much broader spectrum of organizations. To make engagement a practical reality, businesses needs to be able to collect both solicited and unsolicited feedback through a centralized system. Solicited feedback is collected through customer surveys, while unsolicited feedback is gathered from customer comments and suggestions. By managing both in a centralized system, companies can monitor engagement trends and determine further actions to increase engagement.

Even using conservative numbers, the financial benefits of engagement are substantial. Our research shows that it can be measured, and it is not as difficult as companies think. In fact, we found that improving customer engagement by a small amount, as little as one percent, can have a dramatic impact on financial results. The economics of engagement are real, and they can have a major impact on any business willing to invest the time, energy and resources in a plan of action. While most companies continue to compete on the traditional battlegrounds of price, service and quality, those that capitalize on engagement will create an unbeatable advantage.

Adam Edmunds is CEO of Allegiance Inc. Allegiance offers feedback management software to help organizations grow customer and employee loyalty and engagement. www.allegiance.com.

FEATURE ARTICLE

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On Marketing in South Africa
An interview with SAB Miller Marketing Director Ian Penhale

Tell us a little about your background and your current role at SAB.
I suppose I have a rather "classical" FMCG background having worked for Unilever on the detergents side (in South Africa and Belgium) and with SABMiller (In South Africa (latterly as Marketing Director), Czech Republic & Slovakia (as marketing Director) and in Hungary (as European Marketing Director).

What types of marketing initiatives and programs are you currently working on?
We are working on fully integrating the market-facing efforts of the business to ensure that we are completely aligned as a business in terms of how we plan and allocate marketing resources. We are developing systems that are enabling us to better assess the effectiveness of the plans we implement and hence improve both the transparency of our investment as well as improving returns on that investment. We are focusing especially on ensuring outstanding in-market execution i.e. moving great plans to a great reality. In so doing we are moving to a "less-is-more" approach to ensure that we do not over-clutter our activity calendars. We are also working particularly hard at developing the appropriate resourcing and capability development strategies to ensure that we have sustainable people/talent skills in a market where there has been a significant skills shortage.

How do you think marketing to South African consumers and businesses differs from marketing to a U.S. audience?
I think that there are more similarities than differences especially as the global world shrinks and there is greater presence of the same multi-national companies across the worlds markets. Although we obviously have different cultural, political, economic and social challenges the marketing of goods and services follows a very similar pattern to the approach taken in other markets.

What types of marketing initiatives and programs do you feel are most effective in engaging a South African audience?
That clearly depends upon the problem that you are trying to solve and the objectives you are trying to achieve. We have a relatively low level of media clutter which means that "traditional" media types are still effective in reaching a mass audience, especially when compared to the very cluttered first world markets. The importance of brands and branding as a means of establishing an offer's value is extremely important as we find that consumers in developing markets in general place a greater store on the importance of brands - perhaps both a result of relatively lower levels of sophistication as well as by way of demonstrating social status to others (depending on the category).

What is important for marketing executives to understand when designing strategies to reach South African audiences?
Local opportunities very frequently require locally tailored solutions. It is not obvious that global solutions can be adopted without cognisance of local cultural and social nuances being considered. This varies significantly across categories of course - however as a general rule it is very important that strategies accommodate the need for South Africans to see themselves in the context of the offer - rather than the offer being simply presented in a global community context. South Africa is small but complex country with many socio-political challenges relating to its past that require handling with a significant degree of sensitivity.

What marketing challenges and situations do you think are unique to South Africa?
Understanding the socio-political landscape mentioned above is critical, as well as recognising that there are serious talent shortages both as a result of the talent flight from the country as well as the growth in importance of "Marketing" as a functional competence and increased demand from non-traditional marketers (e.g. the banking sector) as a result.

Have South African audiences and/or marketing changed during the course of your career, and how?
South Africa has changed remarkably during the course of my career and hence all marketing challenges have changed dramatically too! The entry into the market of so many new players post the fall of the apartheid regime has meant greatly increased competition on many fronts. Competition not just for goods and services but for internal talent, for supplier talent, for technical resources, for distribution channels, for media time and of course for consumer share of mind. The market has always had an urban/rural polarity, a rich/poor polarity, as well as a racial polarity (black/white/asian/coloured) and the socio-economic changes we have enjoyed have meant a redefining of some of these dimensions and their relative importance to markets/marketers. Specifically we have seen the emergence of a wealthy and influential black upper class, and the beginnings of a more stable black middle class that should lay the foundation for long term prosperity of the nation - however we still have a massive employment problem that requires sustained growth to address.

What marketing and/or consumer trends do you think will be key for South Africa in the near future?
As an emerging economy we will absorb/adopt many of the global trends towards health consciousness, leisure, feminisation, premiunisation etc. We are more likely to look typical of Western developing nations and have an infrastructure that supports that. As an economy we are small and commodity dependent and hence subject to significant impact from global economic swings.

FEATURE ARTICLE

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The Marketing Mega Opportunities of 2009
By Naseem Javed, author of Naming for Power

The daily cinema living
The hunger for moving pictures, like a global conspiracy or an underground movement, has almost killed the flat and still imagery. Every marketing or propaganda message now has to move in dimensions or it will be considered boring or dead. This change has already made a very positive impact on screen-based mediums, from hand held devices, wall size TVs to building size electronic billboards. The streets and shopping malls will eventually look like the insides of cinemas. As long as these new mediums can project and show things live and in color the world will keep on moving. The entire interiors, walls, corridors, hallways floors and ceilings would be nothing but screens with projected moving images. The dramatic reductions of the cost of projection, availability of dynamic animated contents will keep customers enticed and ring the cash registers. The more available surface the better, tackle the new shape and style of imagery, create new business models and watch the show.

The real-time-societies
Think, feel, produce and deliver all info in real time. The financial meltdown demands real-time and not yesterday's numbers. There is a constant need to see the portfolio swings in real time all over the world. The recession has become depression and depression has turned into compression of data into online streams of global news delivered via new medium. Some 100 major newspapers in the West are on sale now and majority may not make it. The newspaper cemetery will keep on getting larger. A quick jump from Newspaper-to-web-portal is one of the last ways left to survive. Asia has extra-ordinary customer base and massive distribution to hold on a bit longer. Keep away from old medium and embrace new cyber-opportunities, study the trends and create new services, use global standards and global branding quality even for the smallest venture, like a fire you could be on top, just ignite new ideas.

The new office-less offices
The digitized hyper flow of information after colliding with miniaturization of the hardware has now liberated the people from their offices and linked them to massive sources while opening their eyes for good. The traditional millions of fancy offices around the world are slowly turning into invisible office less teams showing off their magic measured in clicks and instant revenue streaming for their relative projects. The beanbag offices of the hippy past are now empty. while office buildings slowly becoming flee markets. Customers simply will not pay extra for expensive offices and uncomfortable art-deco furniture. Discover hassle free and mobile working and fill the new HR needs based on these changes

The no-logo branding
99% of the logos of today simply evaporate as now it is more to do will name-calling or name-typing and not logo-scanning or logo screaming. Just ask 10 people around if they can recall the logos of any thing major created in the last 10 years. Can you recall the logo of Youtube or Facebook? The logo masters should channel their energies on much broader graphical services and forget about global logo identities, use logo as a playmate like Google changes it daily. The free logo contests via net are becoming very popular among businesses when a single online appeal on a portal or blog gets hundreds of submissions from all over the world and some even better than what Madison Avenue currently produces. Some contest are even asking the entire image and advertising campaign, with copy, theme and the works. Invent large-scale free contests for right customers, award talents and all at no costs. Ride the new shifts of the industry.

The new agencies
Methodologies to create instant surplus cash for clients will be the real measurement and critical test for advertising and branding agencies. These agencies will be expected to deliver a finished building and not just a conceptual drawing. The dying ad industry in this global recession could get dramatically compressed like a bullet and get fired into a brand new state of the art image delivery service not yet expressed in all of the overly flashed websites of the trade...a brand new model will certainly be squeezed out. The old fashioned model of 1000 offices worldwide offering 1000 similar services to the same client will be forced to attempt a globally-dedicated-single-client-agency-model. Graphic and slogan based branding will defuse into same-day-quick-printing-services. Study the click society and rediscover real marketing power, become a leaders under new models.

The new infantries
Websites will be totally re-invented; Brand mangers will be reshuffled and Brands will be dry-cleaned, the message re-distilled and finally end-users once again respected. India will become a hot spot, with a million plus technology experts, an infantry with English fluency and free spirited creative and entrepreneurial mind on hand it would acquire the centrality toward a global ad and design center. Discover Hinglish. The Eastern model is very dynamic and there are far too many new services yet to be created for the entire Asian market.

The new cyberspace
Focusing on global image and cyber-branding trends, the option to purchase exclusive global rights to a name of your choice, now available in May 2009 from ICANN for an $185,000.00 USD fee on a first-come-non-refundable basis is a mega revolution. The price per name is high, but nothing compared to all the other traditional costs that companies pay to create a global imagery or millions fighting trademark and domain battles to secure a global position. It is the best new way to build global brands and hold cyber domination. This revolution may also be the greatest salvation for the entire advertising, branding and PR industry worldwide. The new debates over popular name targets as listed by ABC Namebank are becoming hot marketing topics. This platform is about to cut 95% of the traditional brand building costs and 95% of excessive time it takes to create global visibility. So embrace the facts, approach it correctly and lead the charge.

The new image shift
The sudden worldwide disappearance of major brands, and industrial icons will not only fuel the new creation of branding and imaging in Asia but dramatically increase the level of confidence necessary to take charge of the refined science of global image building strategies, once only reserved for the West. The meltdown of thousand plus monster brands will change the global landscape of world-class name identity holders. Asia will lead and it is time to study the region and plant new ideas. Monumental sea changes on HR training and internal placement issues are pending. Capture the essence and expand.

The new innovative nations
Nations with enforced education on the pragmatic side of life will have a chance to shine, people with new skills will have the new jobs and employers with global vision will lead for the new world, while the rest will stay very dry in very harsh surrounding. Global recession will force innovative thinking all around and to the farthest corners while ecommerce will get even more popular, deeper and powerful. Image and a new advance level of brand image marketing will become increasingly more important. Despite all the problems, there will be resilience and human skills will further sparkle, brighter new ideas will emerge while the world gets somewhat more open and wisely offers a mirror to each nation to correct itself.

Change fast but stay on course, adopt world-class rules but stay very frugal and only go for the best in everything. The world overall has turned itself into a massive junkyard and therefore the true quality will always shine. So know the difference and make the difference, transform today and become an agent of change.

Naseem Javed is a widely recognized a world-authority on corporate nomenclature and global image issues. Author of "Naming for Power," Naseem introduced The Laws of Corporate Naming in 80s and currently is lecturing on global cyber branding and the new ICANN platform.

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