Title: Branding the entire entity: corporate branding
Abstract: Over the last 20 years or so there has been a noticeable shift in the strategy of brand management
towards the consideration of the whole organization as the brand, as opposed to individual
products or services; that is the corporate brand. The word corporate comes from the Latin,
corpus meaning the body or the whole. The consideration of the company as the brand makes
brand practice appropriate to all manner of organizations, not just profit-making companies but
organizations as diverse as charities, non-governmental organizations, universities, sports teams
and individual sports stars and places. The literature does not properly reflect this change in
emphasis. Open any textbook on branding, for example and you will be regaled by numerous
examples of product brands, often the classic fast moving consumer brands (FMCG) that we
have enjoyed for many decades, such as Kellogg’s Cornflakes or Mars bars. These brands are
still of great importance, of course, and we can all associate with them. However, modern Western
economies are service economies. In the UK the contribution of services to GDP has risen
from 46 per cent in 1948 to 79 per cent in 2014 (Monaghan, 2014), a change reflected in other
major economies. We are no longer manufacturing-led economies so it does seem an anomaly
that the branding literature is still so product brand-oriented. Corporate branding addresses this
by putting the emphasis onto branding the whole corporate entity.
Publication Year: 2016
Publication Date: 2016-07-15
Language: en
Type: book-chapter
Indexed In: ['crossref']
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