Winners are not born, they are made

I read many people biography including Warren Buffett,Anthony Robbins, Richard Brandson etc. But the one I  read today was so impressive. It was written by Adam Khoo a young entrepreneur and a millionaire. The ideas, experience mentioned in the document are so good for people those who are continuously failing in life and seeking motivation to succeed.

“You have ALL the resources you need to become the success you deserve to be. And there is really NO EXCUSE for you not to succeed, if that’s what you truly desire”- Adam says.

Adam

It is worth reading it. Click here to download and read

Green out and Red in….

Generally in the real world scenario, each and every brand face hyper growth and when time comes competitors as warmongers( aggressive attackers) always give them big challenges. It is always a challenging task to defend the strong competition even though you are a market leader. People sometimes get annoyed when they see their favorite brand being pulled out from the market. Not only these changes in the market but also changes from the brand side such as repositioning, re-branding etc may also upset customers mind set. Yes I’m talking about Dialog telecom.

As a hard core loyalist to Dialog, my story of adaptation was interesting. My mobile life started with Celltel ( now Tigo), Mobitel and in early part of my University life, I used hutch and then ended up with Dialog. For more than 5 years I am using the same brand and I would say I’m a hard core loyal to Dialog. Although I changed my numbers very often, I stayed with Dialog. The reason was their excellence customer service, CSR, the awards, the corporate colour (green) and innovation kept me as a customer of Dialog. Not only me but also my friends, family members were seemed to be more towards Dialog.

But the situation changed rapidly after the entry of Airtel. In my point of view it was started to capture the market and most of the Dialog users switched to Airtel. My brother and many of my friends also changed accordingly. I was too worried those days but I got a shock when I saw the change in Dialog corporate colour which I couldn’t believe. Earlier Dialog corporate color was totally positioned well in the customers mind set. Where ever people see a green colour outboard they tend to think about Dialog brand ( even I am also the same, if I come across a green board automatically I think about a Dialog outlet) . These days daily I come across complaints and comments about Dialog. What had actually happened to them?

I list below the regular complaints I receive from my friends

1 – Changes of customer care contact and quality

2 – Change of their corporate colour. I doubt very much that the current colour will strongly position in the customers mind set.

3 – Less marketing communication about the rebranding

4 – Unattractive commercials

5 – Recent asset write off issues – see one of a blogger comment and question regarding this ( he is my friend as well)

6 – Share price reduction in the market

Anyway my total worry is about the colour change. As a marketer, I know the psychological impact of color. Color is one tool in our branding toolbox to help express brand attributes and create emotional connections with constituencies, because in the real scenario there are many global brands which created success stories by associating their brand with colour. Although IBM is connected with the most common corporate color, UPS chose one of the least-used colors brown to help it stand out from the pack. The brown uniforms and vans and the tagline “What can brown do for you?” are crucial and effective elements of the company’s brand communications strategy. Global brand very often think on changing their corporate colur because they knew the danger of it.

It is clear colour can do the changes in the following way

  • Color supports differentiation – I cannot see many differences between Airtel colour and Dialog colour. For me both reflect in the same way.
  • Color can have a double effect
  • Color supports a renaissance

Even though there are many problems, I still like to continue my loyalty towards Dialog. I’m sure when times comes the new entrant will be taken out from the market because of their discount driven strategy and 0777 numbers always convey the professionalism. Although most of the people have switched to Airtel as their second usage still Dialog remains in the first position when it comes to professionalism. Let us wait and see the outcome in the future.

As a loyal customer I have given my views and comments and my only desire is to see Dialog in the first position as in the past.

Renovating the brand

Renovating the brand

Global brand heroes create success stories when they transform poorly performing brands. The best examples would be the transformation of Dove as a powerful brand, the shift of McDonald to healthier eating. Good brand renovate the brands before it become too late. But there are brand leaders who wait until the last time to renovate and fail in the market.

Good brands renovate their brands while they are very strong and growing continuously. They try to identify market dynamics and change those as opportunities before the dynamics converts into threat. At last they get a reward of faster profitable growth.

When going through some articles and success stories I came across the following tactics that can be used to renovate the brands across a range of markets.

  1. Develop a holistic understanding of the brand
    A customer driven understanding of the brand and its vision are highly important, organization should consider the holistic view such as brand’s heritage, personality, its functional benefits, emotional benefits and the brand perceived value in the mind set of customers.

    It’s very important to understand how customers view the brand in their daily life, and compare it with other thing in their mind. This understanding will help the brand renovators to see opportunities in the market place.

  2. Look for segment swings
    Proactive renovating brands spot the trends in early by following the segments where the collision of the change will more expected to happen and segment the customers in different ways to fit their business.
  3. Distinguish the underlying issues
    Not only the brands face rivalry from direct competitors, but also from indirect rivals. Proactive brands will always try to set apart the differences between the threats and the issue and respond effectively. Brand Guru David Aaker a brand faces threat from changing customer dynamics , commoditization and  brand lethargy .
  4. Apply the right strategies
    May marketers think that every brand problem can be solved with the help of advertising and promotional campaign. Highly proactive innovators always ensure that their brands communications spotlight and reflect the different strategies to cope with existing brand strategy, relevance and with differentiation

To be successful in the market the brand leaders must understand the brand by keeping them selves in the customer’s shoes. They have to think how these segments are changing, identify the new dynamics in the customer’s life and then link the brand with those.

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