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CHRIS WIESEN consumers may not be reached effectively via TV, radio or print media –– but they
CRM Solution Principal may be open to Internet advertising, product placement advertising, loyalty offers,
SAP AMERICA
word of mouth or point of sale. On the customer side, trade promotions and other
efforts need to be coordinated and targeted to drive incremental volume and profits.
The key to managing this new complexity is to integrate brand management activities
across your organization.
■ IF I ASKED YOU TO THINK OF SEVERAL CON- brands. Brand marketing managers seek to cre-
SUMER GOODS COMPANIES THAT YOU ADMIRED ate and develop brand value by converting con-
AND RESPECTED, WHO WOULD YOU LIST? Would sumer insights into consumer loyalty. They are
your list include blue-chip companies like challenged to develop effective marketing cam-
Coca-Cola, Pepsi, Colgate-Palmolive, paigns that convert consumer information into
Kimberly-Clark, Unilever, P&G, or Starbucks? revenue and profit. For those companies that
What criteria did you use to make your choic- embrace this reality and understand how to
es? What do those particular companies do bet- leverage their brand value, this becomes a very
ter than other companies that offer similar effective and sustainable business model.
products or services? MARKETING TO TODAY ’S CONSUMERS HAS
PROVEN TO BE MORE DIFFICULT THAN IN PRIOR
BRAND EQUITY AND BRAND VALUE ARE THE
YEARS, and now requires an integrated approach
ESSENCE OF EVERYTHING YOUR COMPANY REPRE-
SENTS TO CONSUMERS. I’m sure it played a big to brand management.
role in determining what companies you listed This effectively means an integrated enterprise
as worthy of your admiration and respect. I approach to the way you strategize, plan, bud-
would speculate that you had a positive experi- get, create, collaborate, communicate, execute,
ence the last time you used their products or settle and evaluate your brands. This includes
services. Perhaps the benefits could reach past identifying the right new consumer promotions
the functional level to your emotional level. such as coupons, contests, product demonstra-
Emotional marketing can be the most powerful tions, trial sizes, special offers or bonus packs.
method of all to make you loyal to one brand Today’s consumers may no longer be reliabiy or
and not another. effectively reached via TV, radio or print media,
CEOs have long realized that the real strength but they may be open to Internet advertising,
of a company can be traced to the value of its product placement advertising, loyalty offers,
THE BENEFITS OF INTEGRATED BRAND MANAGEMENT
SPEAK FOR THEMSELVES.
word of mouth or point of sale. On the cus- harder and harder to identify and reach. The Components
tomer side, trade promotions should be inte- Using marketing data and this technology in of Integrated Brand
grated with these efforts, and targeted to maxi- new ways will be critical to creating a competi- Management
mize incremental volume. tive advantage in the marketplace. ■ Knowledge Management:
Centralized repository of corporate
In short, today arketing mix models must be The key is to integrate brand management knowledge for marketing plans,
more efficient, as today’s complex customer activities across your organization so your mar- templates, guidances, examples, etc.
behavior must be understood before it can be keters can be creators –– not administrators. ■ Insight Management:
Centralized repository of feedback
influenced across all of the above methods. SAP offers solutions to address these issues and and ideas on brands and products
with links to supporting details and
THE EVOLUTION IN CONSUMER MARKETING IS more. Contact us for insights into how this can external documents
CAUSING EVERYONE TO THINK IN NEW WAYS. be accomplished, empowering you to maximize ■ Marketing Planner:
Marketers have numerous new tools available your organization’s potential. Centralized marketing planner and
development tool, coupon develop-
to help identify a consumer that has become You’ll find the results quite rewarding! ■ ment, rules based work-flow and
approvals, marketing calendar, mar-
keting budgets, costs, KPIs, etc.
■ Knowledge Management:
Centralized repository of corporate
SOLUTION BENEFITS OF INTEGRATED BRAND MANAGEMENT knowledge for marketing plans,
templates, guidances, examples, etc.