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UNDER:branding, marketing, social media
June 17th, 2011
In an age of social media, is branding dead?
“The customer is in charge. If you think you own your brand, you’re wrong – the customer does. In fact, forget branding. No one buys that stuff anymore.”
Sound familiar?
Certainly, if you read many of today’s marketing blogs, you’ll be left with the impression that these days there’s virtually nothing you can do to create, improve or sustain a compelling brand. The growth of social media and other peer-to-peer communications has meant that customers don’t need to listen to companies to get their information any more. They are more than happy to form their own opinions thank you very much. As the Cluetrain Manifesto says:
Money is tight. Budgets are squeezed. You simply don’t have the resources to do everything. It’s decision time: do you spend what you have on growing the brand or on generating demand and hitting the numbers? If you are like two-thirds of the attendees at one recent