Marketing Magnified

IN THIS ISSUE

Editor's Cut

Get to Know a CMO
Jeff Smith, CMO, Malaria No More

Q&A
Lori Rosen, Executive Director, Custom Publishing Council

Feature Article
A Tale of Two Rebrands
By Denise Lee Yohn

FEATURED PROGRAM

Pause To Support A Cause

Pause To Support A Cause

Pause to Support a Cause, a milestone CMO Council campaign, will enjoin global corporations and public sector partners in a new initiative to “survey the socially beneficial way” by “donating on behalf of those participating” in funded market research programs around the world. This corporate social responsibility campaign will use a portion of the $18.9 billion spent on market research worldwide to create a global community of non-profit champions, boosters, supporters and members willing to take part in online surveys as a way to channel funds to their designated causes, charities, foundations and non-profit organizations of choice.

Learn more »

NEW REPORT

Define Where To Streamline

Define Where To Streamline

The Marketing Supply Chain Institute’s first report, Define Where to Streamline, is a global audit to benchmark the state of marketing supply chain management practices and analyze the business benefits, productivity gains and risk reductions to be achieved. As executives are working to assemble budgets and looking for new ways to fund 2010 programs, many are overlooking an opportunity to uncover significant savings and eliminate waste within their supply chains. This insightful report uncovers best practices and opportunities that can be applied by all marketers.

Download report »

MARKET INSIGHT

Getting a View on What’s Delivered to You

Getting a View on What’s Delivered to You

Consumers are taking control of in-bound communication channels, unsubscribing to irrelevant email, and defecting from brands that continue to deliver uninvited and non-personalized content and random mass mailings, according to a new poll from the Chief Marketing Officer (CMO) Council and InfoPrint Solutions Company.

Download the report »

FEATURED PROGRAM

Getting A Business Lift From Loyalty

For over 100 years, loyalty programs have attempted to secure consumer wallet-share by providing incentives for repeat business and rewards for retained relationships. Getting a Business Lift from Loyalty will audit and assess the operation and innovation in loyalty club programs, the value and utilization of customer data to drive response rates and revenue, and the mobilization of loyalty club members as active agents and advocates for acquiring new or repeat business.

Learn more »

READING

Cause Marketing for Nonprofits: Partner for Purpose, Passion, and Profits
By Jocelyne Daw

Cause Marketing for Nonprofits: Partner for Purpose, Passion, and ProfitsThis book captures the exciting potential for business and nonprofits to partner for mutual benefit and discovery. Cause marketing aligns nonprofits and businesses to combine the power of their individual brands with a company's marketing might to achieve social and shareholder value while communicating their values. Cause Marketing for Nonprofits changes the way nonprofits view and execute cause marketing programs. It provides a wealth of hands-on, practical experience that can benefit any nonprofit organization interested in this innovative and growing form of generating revenue, building profile and achieving mission.

Available from Amazon »

Designing Brand Identity: A Complete Guide to Creating, Building, and Maintaining Strong Brands
By Alina Wheeler

Designing Brand Identity: A Complete Guide to Creating, Building, and Maintaining Strong BrandsFrom translating the vision of a CEO and conducting research, through designing a sustainable identity program and building online branding tools, Designing Brand Identity helps companies create stronger brands by offering real substance. The book offers the tools needed, whether a brand manager, marketer, or designer, when creating or managing a brand. This edition includes a wealth of full-color examples and updated case studies for world-class brands such as BP, Unilever, Citi, Tazo Tea, and Mini Cooper.

Available from Amazon »

FEATURED PROGRAM

Collaborate To Innovate

Collaborate To Innovate

The Business Performance Management (BPM) Forum and the Chief Marketing Officer (CMO) Council's Collaborate to Innovate is set to evaluate the state of multi-enterprise collaboration and innovation among global businesses and leverage insights from leading business and IT executives to explore how companies can better harvest the potential of business collaboration networks to improve customer satisfaction and overall performance.

Learn more »

UPCOMING EVENTS

CMO Council Europe Advisory Board Meeting
November 19, 2009
Frankfurt, Germany

On Thursday, November 19, the CMO Council Europe Advisory Board will convene at the Booz & Co. office in Frankfurt for their second meeting of 2009. Immediately following the board meeting will be an invitation-only dinner at the Booz & Co. CMO of the Year Awards, located at the Orangerie at the Günthersburgpark. At this award ceremony, Booz & Co, together with an internationally renowned jury and sponsoring and media partners, will honor outstanding decision makers for their special merits in the marketing arena. Contact Jessica Choi for more information »

Search Engine Strategies Chicago Conference & Expo – December 7-11
December 7-11, 2009
Chicago, IL

Search Engine Strategies is a pioneer of search engine marketing education. With more than 60 sessions focusing topics ranging from social media to mobile search marketing to local search, discover how each of these online channel is connected and how to use them to achieve your business goals. SES Chicago has a special program designed for marketers at every experience level, and offers an intimate environment to facilitate the exchange of ideas and experience among attendees. CMO Council Members receive 20% off plus $200 on a platinum pass until November 20. Register with CMO20. Learn more »

Telco 2.0TM – 8th Executive Brainstorm
December 9-10, 2009
Orlando, FL

Telco 2.0TM – a research-based Initiative focused on new industry business models - will be holding its 8th Executive Brainstorm, Americas on 9th – 10th December in Orlando. This is a premium invitation-only senior exec strategy event using Telco 2.0's unique interactive format, called "Mindshare", gathering representatives from across the telecoms, media, internet and technology sectors to explore opportunities to exploit telecoms assets and capabilities to grow business in the digital economy. The focus of the large-scale brainstorm is on how the telecoms industry can collaborate more effectively to develop new ‘two-sided’ business models – selling capabilities to third parties as well as end-users. Telco 2.0 analysts estimate this is a $375bn growth opportunity for the telecoms sector in 10 years time. CMO Council Members receive a discounted rate. Enter code: VIP907. Learn more »

CMO Council Global Advisory Board Caucus – The Marketing Race to Project a Multi-Local, Global Face
December 10, 2009
New York, London, Sao Paulo, Dubai, Johannesburg (Session 1)
Silicon Valley, Singapore, Shanghai, Tokyo, Sydney (Session 2)

This Caucus will focus on specific topics, challenges and “of the moment” strategies that today’s marketers are working to embrace as part of new globalization strategies. Speakers and panelists will be drawn from multi-national companies across every region of the world reflecting the multi-local character and global focus of the CMO Council. Learn more »

Think Tank Round Table – Best Practices in Marketing Outsourcing
December 10, 2009
Brussels, Belgium

Outsourcing has become an essential aspect of business strategies in IT or HR for years, and there is now a clear trend in the marketing function to operate specific processes, find additional expertise or handle particular tasks. But outsourcing goes far beyond than just finding specialized skills for a limited period. There are many different sourcing options, each one having to be carefully evaluated to ensure it does fit with your business and organizational objectives while assessing the value it can effectively bring out from a financial and operational perspective. And by nature quite controversial, marketing outsourcing can generate unexpected issues and loss of control if not managed and monitored relevant. Learn more »

NEW REPORT

Keeping a Closer Eye on Content ROI

Keeping a Closer Eye on Content ROI

The Chief Marketing Officer (CMO) Council, together with GlobalFluency, the organization’s international operations partner and architect of the Intelligent Market Engagement and Authority Leadership Marketing models, have developed a comprehensive system for reviewing and evaluating marketing content investments.

This is based on the assumptions that most companies in complex, multi-channel markets like information technology, business solutions, communications, connectivity, security, audio/video, professional services and industrial systems need to assume thought leadership positions and provide meaningful insights, perspectives and commentary on market needs, problems, issues, trends and requirements.

Download report »

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:
Netty Devonshire
CMO Council
mm_content@cmocouncil.org

Define Where To Streamline Report
11.16.09 Marketers Lag In Optimizing Global Supply Chains; Big Opportunities Exist To Reduce Cost, Improve Yield And Increase Accountability Benchmark CMO Council Study Finds Marketers Face Myriad Challenges in Mastering the Management of Supplier, Service and Logistics Partners in a $1.5 Trillion Area of Spend. Read More »

11.09.09 CMO Council Seeks Consumer-Inspired Ad Creative to Power "Pause to support a Cause" Public Service Media Campaign Chief Marketing Officer (CMO) Council to team with Zooppa Social Network to launch global creative advertising contest; winners can document charity work in Africa, meet ad leaders in New York and showcase portfolios to global marketers. Read more »
11.11.09 CMO Council inaugurates New Latin American Advisory Board At Regional Gathering Of Sales And Marketing Leaders Council convenes in San Juan, Puerto Rico for first in a series of meetings with marketers from Puerto Rico, Mexico, Brazil, Argentina, Chile, Peru, Colombia and Uruguay. Read more »

11.05.09 CMO Council Teams With Custom Publishing Council To Create Content ROI Center Thought Leadership Alliance Will study relevance, performance and value of branded content across all channels of delivery. Read more »

EDITOR'S CUT

Back to top

Does Microsoft owe Kylie a pony? For those of you who don’t know, Kylie is an adorable little girl who has rocketed to mild fame for being the 4 ½ year old who could manage a photo of her fish and email it. The brand promise: Windows is so easy, even a 4 ½ year old could use it.  I love you both Apple and Microsoft, but I love Kylie more. And I am lobbying for her to get a pony, she’s earned it!

This little girl with the happy, bubbly face might be the creative bullet that Microsoft needed to get everyone to stop talking about what PC did in front of Mac. Will Kylie get people to buy Windows 7, maybe…the truth will be in the quarterly earnings.  But, she got my hardened Mac-obsessed friends to admit she was cute and even research the reviews of Windows 7!   Search for her on YouTube and you find a video of her at the Windows 7 launch putting Steve Balmer in his place. She upstages Justin Timberlake and Peyton Manning in a Sony ad. She is the right-now face of Windows. I may have a soft spot for her, but I’m not alone.

Soon after Kylie’s Sony ad ran in the JFK Admirals Club, I commented “ugh, she is so cute, bet she is sellin’ a lot of  operating systems” in the middle of the gathered group of road warriors, all feverishly typing on a healthy mix of Mac and PC, conversation instantly started. “I stop the Tivo to watch her, she cracks me up,” said one woman. “Can they get Kylie to work in customer service?” asked a clearly frustrated legacy Windows user. Then there was my favorite comment, “Bet Apple hates her, they can’t mock her because it will look like Jobs is beatin up a little kid.”

As a marketer, I also appreciate Kylie. She will always be associated with the brand promise of easy to use. She’ll get older, and who knows, on an E True Hollywood story moment, someone could catch her using a Mac. But, for now, Kylie delivers the message that we can all trust and invest in this new and improved Windows. My only question is this: The current ads promise user-defined innovation with their “I’m a PC and Windows 7 is my idea”. So what was her idea?

Companies have done lots of things in the name of rebranding, and while Microsoft didn’t rebrand, it took a big leap behind a little girl. It focused on the long ignored, battered and frustrated human-behind-the-PC and it looks like it is paying off.  To keep the thinking going, and in honor of brand transformation, this month we feature an article about the rebranding of Starbucks and Syfy. So enjoy! I especially want to call attention to our interview with Jeff Smith, the CMO of Malaria No More.  This is a great organization with a tremendous mission -- and one of the first non-profit organizations to come on board to Pause to Support a Cause.

Until next month,

Liz Miller
Getting A Business Lift From Loyalty

GET TO KNOW A CMO

Back to top

Jeff Smith is the CMO of Malaria No More, a non-profit, non-governmental organization that aims to speed the progress, unlock resources, mobilize new assets and spur the world toward reaching the goal of eliminating malaria-related deaths in Africa.

Tell us a little about your background in marketing, branding and communication before working in the non-profit sector.

I graduated from Miami University  with a degree in entrepreneurship.  I started my first company straight out of school, providing marketing and registration technology around events and trade shows and conferences.  That was where it began for me – since then, I’ve built about half-a-dozen companies in the marketing space.  Most recently was GRI Media Group, providing marketing and communications solutions to a variety of firms from small businesses to Fortune 500 companies.

What drew you to work in the non-profit sector, firstly for Exhibit Darfur, then for Malaria No More?

In 2008, one of my companies, GRI Studios had the perfect opportunity to capitalize on the Democratic National Convention that was coming to Denver.  We knew we had a prime location, because brands were anxious to wrap our building in advertising, to capture the high-profile audiences of politicians, actors and media all converging on the city of Denver for a week. 

Seeing that opportunity and potential, I decided to pick a global issue that needed attention of these thought leaders.  We chose to build an art exhibit around the genocide in Darfur with notable artists like Mia Farrow, Aaron Cohen and Brian Steidle, to shed a light on the tragedy, slavery, and hope in Darfur.  Our intent was to put on a tremendous one-time awareness event, and it turned into one of the highlights of the week of events around the DNC. Then it stretched into an 8-week show in Denver and a traveling show across college and university campuses, from SMU to Harvard.

Working on that project, I witnessed the power of utilizing marketing principles to advance the message of a cause.  And that turned my attention to Malaria No More.  Its business-minded, innovative, aggressive approach to ending a global health crisis inspired me to dive head first into the non-profit sector.

How important is the role of marketing sponsors in the promotion and awareness campaigns for Malaria No More?

One of the biggest challenges that we face at Malaria No More is raising awareness and educating people about the fact that malaria is killing 3000 children a day, but that it’s entirely preventable.  By teaming up with marketing partners like American Idol and FC Barcelona, we can reach a whole new audience and show them how they can help end malaria deaths.  When we work with strong brands and partners, we can leverage each others’ strengths to amplify the message.

What marketing challenges do you feel are unique to the non-profit sector?

It’s often just as important for us to get people to understand and to care about malaria as it is to inspire them to donate.  The challenge is that we don’t simply want them to buy a product; we need them to embrace the cause and to be an advocate for Malaria No More—to be an active part of the team working to end malaria deaths.

What challenges and opportunities do you feel Malaria No More has within your industry?

There’s always going to be competition for attention – if no one cares or knows about malaria, we’re not going to reach our objective on ending deaths in Africa by 2015.  But Malaria No More is a business-focused organization; we try to bring innovative, new solutions to an ancient, global health issue.  And by remaining flexible and entrepreneurial, we’re able to take advantage of opportunities quickly to ensure that they have the greatest impact, and in the end, save lives.

Do you think marketers have an opportunity to introduce charitable or non-profit elements into their marketing campaigns?

Absolutely.  Marketers have had huge success in incorporating charitable elements into their campaigns.  Over the past several years, consumers have really responded with their wallets to corporate support of causes.  By integrating the charitable aspect into marketing, brands have become more appealing to the consumer because people feel that they’re contributing in a larger sense, not just simply buying a product.

What types of challenges do you encounter in a dual role where you’re focused on a charitable role and maintaining marketing relationships with sponsors, vendors and suppliers?

We have realized that we have a very strong brand that is useful for businesses; consumers respond to charitable partnerships.  There has been a historical assumption that only the charity benefits from a corporate partnership, but that’s not the case. It’s important for charities to realize that they bring something valuable to the table, and that business relationships are good for both parties, and not just the charity.

Looking towards the future for the next year or two, what are your goals?

Malaria No More is working with the wider malaria community to provide every at-risk family in Africa with access to a mosquito net, indoor spraying and effective medicines by December 31, 2010, and to end malaria deaths in Africa by 2015.  It’s a tall order, but we’re determined to do it.

Do you have any key recommendations for marketing executives want to make a move into the charitable sector or incorporate non-profit aspects into their company’s marketing strategy?

Jumping in to a fully-fledged charitable marketing career is, of course, a big step.  Find a cause you believe in, and an organization that is closely aligned with your style and personality.  If changing careers isn’t an option, even aligning with a charity from the corporate world can enhance the success of your brand.  So I encourage marketers to explore causes to align themselves with and set an achievable goal, something that your company can help the charity realize in a real sense. The charity benefits, you build your company’s brand and you can personally make a real impact. It’s a win-win-win situation.
Relevance Report

Q & A

Back to top

Lori Rosen is Executive Director of the Custom Publishing Council and President and Founder of The Rosen Group, a full service public relations firm headquartered in New York City.  

Tell us about your background in public relations and custom publishing.

I have had a public relations firm for 25 years – we’ve always had a specialty in the media business, initially with magazines and then expanding into a wide range of media properties.  In 1998, We started working with the Custom Publishing Council (CPC) as its agency of record when it started as a division of Magazine Publishers of America.  The custom media industry wanted its own voice and larger presence among the MPA.  So a group of industry visionaries in the custom media field approached the MPA and suggested they start their own entity within the MPA, and the CPC was formed.  In 2002, the CPC became independent, and my agency, the Rosen Group, took over the management of the association and it’s been a invigorating growth ride ever since.

How has the CPC grown in recent years?

Previously, custom media always had limited recognition in the New York media world – and the country at large - compared to traditional magazines.   So it was our goal to educate marketers on the overall value proposition of custom media:  the benefits, process, ROI and why marketers should be interested in it as a marketing vehicle.  As we did that, the industry and association began to grow.   Marketers began allocating more resources and the products became more sophisticated and effective.  Today we have close to 100 members, and custom media spend is calculated at about $37 billion annually. We run a prestigious awards program called the Pearl Awards and we host an annual conference in a popular location each year.

Why is custom media so useful and valuable for companies?

If it’s done properly, custom content, in any form, provides valuable information to a designated customer or client base that companies or associations want to reach. It could be targeted to current customers, prospects, dormant customers or a combination of all three. If the information is relevant, customized, dynamic and provocative, then it’s going to be infinitely more effective – which is the overall principle for custom media.

I’ve seen best-practice examples across all industry segments, CPG, travel, healthcare, technology, business services, nonprofit associations.   You name a category and there is custom content targeting it.  There are over 120,000 custom publications on the market right now, and countless other content products delivered through web sites, mobile, blogs and video.  The industry itself is very sophisticated and it’s an exciting time to be in it.  It’s attracting top editorial talent, designers, and program packagers.

What challenges do you think companies face in creating meaningful, relevant content for their customers?

It’s always a challenge to envision the end result of a custom media plan—assessing the resources you have and delivering a product that’s going to move the needle among your audience.  And moving the needle could be upselling to your current distribution list, it could be maintaining customer or client relations, or it could be finding new clients.  So you need to identify your goals and priorities before you can figure out how to achieve them within the resources that you have.  You also want to be sure that you’re delivering your audience content that goes beyond your marketing message to be compelling and useful for them.

Do you think the current economic climate has changed marketer’s attitudes to how they communicate with their customers?

I think that marketed have always have had a discerning eye for how to communicate with customers, and now more than ever as things are evolving so fast in the media marketplace.  And certainly, the current economic market is giving people reason to be even more creative and even more resourceful.

Are there any significant trends you've noticed recently?  Is there a shift towards digital and online custom media or are you seeing equal amounts of print media and direct mail?

We’re seeing both – print is still a very viable custom market component.  It goes back to the old adage of being able to carry your magazine on the train or to the bathroom (!) or reading in bed.  However online, mobile, vLogs, video – they are all critical components of the custom content mix.   Our members are breaking ground and creating content products in all forms, while keeping the “content is king” principal front and center of all custom content programs.

What is the most satisfying part of your work?

For the CPC it’s watching the association grow – we’re now in our adolescence.  When we first started we were 20 members.  Today we have grown to nearly 100 members and we feel that the potential is around three times this size.   We created at annual prestigious awards program and we will be holding our third conference in Nashville in March.  It’s very gratifying to be with an organization where you can create new programs that are successful.   And of course, seeing our members succeed and grow their own companies is also satisfying.

Looking towards the future for the next year or two, what are your goals?

We have just made some significant changes to our organization by opening up membership to all custom marketers, including custom content marketers who work in-house for a corporation or association. Until now, our association only accepted members from companies who provided outsourced services.  As a board, we decided that it’s beneficial for marketers to have access to our research, best practices, membership meetings, networking and all of our other resources so that  are helpful for producing the most effective and cost-effective content.  For the next few years we hope to grow the marketing side of our membership.

Plus, we’ll most likely see a name change of the council in 2010, to reflect content in general beyond print.  We are already beyond print and we have been for a while, so we’d like our name to demonstrate that.

What are the most simple truths you can offer senior level marketers about communication with customers?

The most important thing is not to oversell your audience.  Because if you try to pressure them, you'll lose them.  If you provide them with compelling content, you'll keep them for life, and I think that’s what our members strive to deliver.   House your content in a beautiful design and you’re set for a success custom media future.
Survey For Good Challenge

FEATURE ARTICLE

Back to top

 A Tale of Two Rebrands
By Denise Lee Yohn

To marketers in despair, a rebrand may be like a knight in shining armor. How better to reawaken the passion for a brand than to create a new name and image?!

Despite the promise of a fairy tale ending, more rebrands fail than succeed. Executing a rebrand is fraught with challenges and requires some rather subjective decision-making. The stories of two high profile rebranding efforts currently underway – the Sci-Fi Channel and Starbucks -- prove this point.

First there’s the Sci-Fi Channel, which recently took on the name, Syfy. They also replaced a planetary-inspired logo with a stylized name treatment which has a distinctively more playful feel. The new name and identity was rolled out to the media industry in the network’s upfront presentation and a new Syfy Imagination Park at Rockefeller Center in New York City and to viewers during the launch of its original series "Warehouse 13."

And Starbucks just announced they are opening a series of remodeled Seattle-area stores bearing the names of their neighborhoods -- 15th Avenue Coffee and Tea for example -- instead of Starbucks. In fact, the Starbucks name and logo won’t appear anywhere in the store, with plans for even the bags of the company's coffee and other products bearing the new name. While it’s unlikely that Starbucks is planning a chain-wide rebrand, this move raises questions
about the future of the Starbucks brand identity, and positioning.

A television network running shows with aliens and a struggling national coffeehouse chain may seem to have nothing in common. But comparing and contrasting the two businesses’ recent efforts to rebrand themselves actually makes for an instructive tale of do’s and don’ts when executing a brand makeover.

Rationale of the rebrands.
The two efforts seem to be addressing two different business situations. In the case of Syfy, the change was made because the network’s executives felt the previous name was too limiting, keeping people away because it conveyed too much geek-ness. There was a more practical reason as well – “Sci-Fi” isn’t a trademarkable name.

The move has been a long time coming, as the network has been evolving its programming away from exclusively featuring science fiction shows to a mix of programs including “Extreme Championship Wrestling.” Syfy president Dave Howe explained, "Rather than changing the programming to suit some new brand strategy, we're changing the brand to fit the programming."

Starbucks’ change appears to be part of CEO Howard Schultz’s well-publicized efforts to reinvigorate the stalled business by reviving the "theatre" of Starbucks’ units. Throughout the system, equipment, product, and design changes are being made, including refurbishments to give the stores a locally-themed and less uniform look. Tim Pfeiffer, Starbucks’ senior vice president of global design, explains the new names on the Seattle-stores are meant to give them"a community personality.”

So the Syfy rebrand was undertaken to change the brand image to more accurately reflect the actual brand experience; while Starbucks is rebranding to change the brand image and customer experience to achieve an aspirational position. Extensive research shows a significantly higher success rate for brand repositionings that are achievable, not simply attractive.

Therefore, since it was prompted by the current reality, Syfy’s seems an attainable effort; Starbucks, more like a pipe dream.

Brand targets.
The targets pursued by the two rebrands are also quite different. Syfy is moving from a niche audience to a more mainstream one. Syfy’s Howe explained the rebrand is intended to bring in new viewers with his comment: “We really do think that the [old] name is a barrier to entry for some people.” And the network seems to be well on its way to capturing its broader target audience, with “Warehouse” attracting a solid 3.5 million viewers. It almost seems as if Starbucks is headed in the opposite direction, hoping to trade its mass market appeal for a more niche positioning. With plans to serve wine and beer and to host live music and poetry readings, the new stores are intended to attract an older, more upscale, and perhaps more elite customer.

While the changes may serve to differentiate Starbucks from McDonald’s which recently launched an effort to lure Starbucks’ customers away, alienating a large portion of its existing customer base by introducing a high-brow image doesn’t make sense if the chain’s current challenge is reigniting growth. Rebranding is usually used to grow a brand’s prospect pool, per Syfy’s case. While the direction Starbucks is moving in is so unusual, it’s difficult to cite other brands that have adopted a similar path, much less to find ones that have been successful at doing so.

Name selection.
When it comes to the names deployed in the rebrands, neither effort seems to be on-target. One seems to go too far; the other, not far enough.  By completely eschewing all reference to Starbucks, that company’s rebrand seems to be throwing out all existing brand equity, including its positive associations. The use of a name that references the neighborhood in which the store is located aligns with the overall rebranding strategy; but it doesn’t speak to the heritage and innovation for which the Starbucks brand has become known – not to mention the broad awareness it enjoys.

The approach also seems ripe as a source of potential confusion or backlash, as people try to make sense of a store that appears to be new and independent but is neither. Perhaps a better strategy would have been to employ an endorser brand approach (e.g., Coffee on 15th, by Starbucks).

In Syfy’s case, they seem to be hanging on too tightly to the existing equity of the Sci-Fi name, where a clean break would probably be better. A new name that constantly requires an explanation which refers back to the original one is problematic and limiting for Syfy. And to appeal to a broader, more grown-up audience, a name with more heft and deft would be more effective.

Rebranding lessons.
Syfy’s rebrand has already come under a lot of fire by the network’s fan base, and questions about Starbucks latest move are starting to fill the blogosphere. The criticisms point to the critical nature of decisions in the rebranding process. And the juxtaposition of the two efforts provides some valuable lessons.

But because the ROI on the changes have yet to be calculated, the stories of each rebrand are still unfolding. So perhaps the moral of these two rebranding tales is the same: proceed with caution.

Read more by Denise Lee Yohn at http://www.deniseleeyohn.com/resources.html

Marketing Magnified
  Legal Notice | Privacy Policy | Contact
  © 2009 CMO Council. 4151 Middlefield Rd. Palo Alto, CA 94303
Request Invitation Request Sponsorship Package CMO Council