AIG is returning to its old name, finally correcting a an ill-considered and ineffective name change.
Here’s what we said back in 2009:
“AIG is trying to outrun its old reputation by adopting a new brand. Will it work? Most people aren’t buying it. The entity, formerly known as AIG, is firmly attached to its reputation of [...]
Transportation Secretary Ray La Hood sent Toyota stock into a nosedive two years ago when he told a congressional House Appropriations subcommittee, “My advice is, if anybody owns one of these vehicles, stop driving it.”
Jay Leno quipped, “Things are not looking good for Toyota. In fact, today, two crash test dummies refused to get in [...]
Alec Baldwin has “apologized” for his boorish behavior on a recent American Airlines flight by slamming the airline’s service, claiming: “Filthy planes, barely edible meals,” making “air travel experience as inelegant as possible,” and making “flying a Greyhound bus experience.”
Predictably, a Greyhound representative has fired back: “I don’t know if he’s ever been [...]
Been There. Done That. Bought The T Shirt.
The “Occupy Wall Street” movement has spawned a brand: the “Occupy” brand. Since the start of demonstrations a month ago, we’ve seen “Occupy Times Square,” “Occupy Atlanta,” and “Occupy San Francisco” spring up. We also have “OccupyTogether.org” as an unofficial hub for other “Occupy” activities, and “OccupyEverything.org” [...]
David Boorstin, a noted expert on brands and society, politics, culture and business, has an interesting take on the rise of Herman Cain and the 9-9-9 brand. We’ve had candidates who have effectively used marketing principles, but this is the first time we have a candidate who is himself a master marketer. Read David’s article [...]
Milton Kotler, the preeminent marketing pioneer in China, updated me on Chinese brands. They may not be taking over the American market, but they are most definitely growing outside of China. Here are Milton’s observations:
“Consumer brand management is making headway in the domestic China market and developing countries,even in Europe, with apparel, appliances, computers, white [...]
Please visit Forbes.com for our article on the demise of the Al Qaeda brand following last week’s drone attack on Al Qaeda’s most visible marketing executive and Inspire magazine publisher/editor.
UPDATE: Found on Jihad Jihad Watch. Seems bin Laden himself was worried about his brand. In documents recovered by the SEALs, he wrote that he was [...]
Lady Gaga has a valuable brand–and she is smart to be as aggressive protecting it as she has been building it. Estimates put the value of the brand at nearly $1 billion, including recording sales, concerts, clothing, fragrances, and more. She now rakes in over $90 million a year and hasn’t even begun to exploit [...]
Last May in a Marketing Daily commentary, Beau Fraser commented on the phenomenon on “marketing tragedy,” companies doing a tie-in with natural and man-made disasters. The danger is coming off as self-serving or, as in the case of Kenneth Cole’s tweet about the revolution in Egypt being all about shoes, downright offensive. On a day [...]
The Hurun Report covers new ground with its release of the Most Valuable Chinese Home-grown Brands List 2011. As we posted earlier this year, creating brands is official Chinese government policy. Chinese leaders recognize that the big profits are in selling brands, not making products. Since opening their markets in 1990, the Chinese have made [...]