Tuesday, 12 June 2012

History : A Potent Tool for Branding



Aditya Raghavan

I have often wondered what it takes to be a great brand manager. The variety of skills needed to be possessed as a management student pretty much sums up the wide knowledge the students are supposed to have as they enter the corporate jungle.

But getting caught up the rat race and a micro focus on aptitude,quantum and  theoretical skills results in a black hole when it comes to branding. We cannot deny the importance of analytical ability but it cannot be overstated.

Here is where knowledge of History places you in a different league all together. In my own personal experience, active interest in History, symbolism and a passion for archaeology during my younger days helps me look at brands in a different perspective.

History, being perceived as a boring subject which is more of a result of uninspiring teachers rather than the syllabus in itself , can act as an amazing bridge between good brands and great brands.

Knowledge of history and culture of your own region gives you the 3rd eye in terms of marketing insights and creating new brands.

An example would be the art of bargaining in the streets of Istanbul. Istanbul's markets are fascinating wherein the art of bargaining while drinking coffee is a matter of pride for the shopkeepers who treat instant buyers with disdain.

If you do not understand this culture and history of Turkish markets as a marketer or consumer, you are most likely to have forgettable turkish adventure :)


Marketing Insights - Reading between the lines

Rohit Bengani


Today there is lot of dissonance happening in terms of what the consumer actually wants and what is being offered, especially in the case of SMEs. Is it the marketer who is suffering from marketing myopia due to lack of improper MR?Or is he trusting his intution baselessly? The question is open and unanswered. So such an attempt to bridge the gap between the market and businesses is a warranted and amazing initiative.

Here another concept of Marketing Intelligence can be related to as it is a great source of Marketing Research and Marketing Intelligence of sorts for businesses.

So, what do you trust as a marketer? Insights or Instincts?