Brand Management Fall 2008: Term Project Guidelines Brand Management: Term Project Guidelines and Idea Starter The term project consists of a ten-page single-spaced dissertation on some element of brand equity that interests you or about which you feel a need to know more. Please share ideas with me in advance per the schedule in the syllabus. Basically your paper could be on anything related to branding or brand equity. The many pro forma topics presented below and in the attachment are not intended to limit your choice of a topic. Rather, I’ve just given my thoughts in what might make a good paper; you are free to choose one, or make a combined topic, or extrapolate from there to a totally new topic. A key point to remember: the paper must ultimately relate the content back to the course with a typical final section of analysis being something to the effect of “lessons learned for brand management.” What do we learn about brand management overall? Which principles seem to be particularly useful and borne out in practice? Which brand management concepts were particularly important in the situation described in your paper? What do the findings of your paper possible add to refining the basic theory and taking it down to ground level practice? What should the brand do? A list of topics is attached, as well as a Brand Equity bibliography. Basic Approaches Following is a thumbnail of the basic possible formats for a term project: Case Study – published sources, field sources (contact with company) or combination Can focus on single company or industry group Paper = 80% description + 20% analysis (What enduring principles of brand management are revealed? What do brand managers learn from this?) Examples in the course: cases on Nike, Acushnet and “The Beach” -except these cases do not contain the required case analysis; you must add this. Look at the world’s greatest brands listing in the brand valuation chapter for ideas about company or industry specific projects. For example, an examination of the wireless telephone category (Motorola, Ericsson, Nokia, etc.) would be interesting. Revised January 2005. [ share \ kopp \ syllclas \ Brand Management \ Term Project \ BM Term Project Assign Spring 05.doc] Page 1 of 21 Brand Management Fall 2008: Term Project Guidelines “Topic Paper” – looks like an old-fashioned library-research paper. Examples: Buzz Marketing: It’s Efficient , But Only When It Works Building a Brand in the _____ Market Space (High-tech, services, nonprofit, automobiles, fashion, industrial, B2B, etc.) Co-Branding (or Ingredient Branding): A Modern Way to Leverage Brand Power Brand Valuation Marketing to Kids: Effective? Ethical? See the topic suggestions below; use articles and technical notes in course as models. Theoretical Paper – explore some fundamental theory in marketing, e.g., from domains like psychology, sociology, anthropology, linguistics, economics, quant methods. Examples: Consumption/Brand Choice as Self Expression Techniques of Persuasion Quant topics: “Choice Models”, “New Product Acceptance and Diffusion of Innovations”, “Response Functions (Elasticity) to Allocate Marketing Spend” Buzz Marketing: Theoretical Foundations (e.g., see Tipping Point) Combine library research with primary. For example, if you did a consumer marketing oriented topic, you might conduct a focus group or two among target audience. Models for new product development. Primary Research Paper – do a survey or a focus group or build a model. Examples: Get market share and ad spend data and answer the question: Does share-of-voice predict share-of-market changes? Do a survey, measure customer perceptions and make perceptual maps. Maybe make maps by more than one technique and compare results. Do a market segmentation study – demonstrate “grouping methods”. The beauty of this type of paper is that it generates new knowledge and even may be publishable. The customer survey could be conducted using Internet surveys. An MBA MCFE team did an Internet survey of beer drinking habits and managed to accumulate three hundred respondents. Page 2 of 21 Brand Management Fall 2008: Term Project Guidelines Term Project Style Sheet Term papers should be 10 pages in length plus Exhibits. Please do not exceed the 10 page limit. One required feature of a term paper often overlooked: the paper must ultimately relate the content back to the course with a typical final section of analysis being something to the effect of “lessons learned for brand management.” What do we learn about brand management overall? Which principles seem to be particularly useful and borne out in practice? Which brand management concepts were particularly important in the situation described in your paper? What do the findings of your paper possible add to refining the basic theory and taking it down to ground level practice? For example, how do a company’s successes/missteps in a particular industry serve to prove or refute or modify basic tenets of brand management? For example, the story of Southwest Airlines indicates that it is probably not enough simply to provide high levels of consumer benefits such as great service and convenience, but in airlines you also need to do this very efficiently at a low cost per mile flown basis. This would lead you to conclude, possibly, that it’s important to have “brand equity” based on a foundation of a very attractive value proposition (an old fashion concept) for customers. I encourage you to use some of the concepts in the course in the body of the paper as frameworks for analyzing the particular situation described. In general, term papers must contain description plus analysis. Description of a marketing situation should be clear and crisp and use data where appropriate. For example, avoid generalizations such as: “The Gap hit a bad patch in 2001 and 2002 but now is 18 months into a rebound where it is restoring some lost glory.” Here you need to show relevant numbers (e.g., sales revenue, net income, share price, etc.) in order to provide evidence for the statement. Use data to support broad statements. “Reality TV is big.” (show ratings, audience size, advertising revenue) “Price is low.” (show comparative prices) “SoBe is an increasingly powerful factor in the soft drink market” (show market share or sales.” The paper should have an introduction not only to discuss the situation faced by the company in the case study being reported, but also indicating what specifically about the case study will be of interest and will be focused on in this particular write-up. It is also suggested, but not required, that you upfront signal some of the lessons and conclusions that you will draw throughout the paper and in the final section. A good introduction serves to orient the reader as to where the paper is going—this is always a good thing to do. A few things I have seen in papers that have impressed me: One paper I received on buzz marketing was essentially this – an analysis of two recent books on buzz, adding a little bit from the readings in the course, and then the student related the experience of a buzz marketing agency he had done an internship at. The bottom line—you can use books as a key source and you can also incorporate primary research in terms of your own in-depth experience or even talking to experts. Increasingly I am seeing financial metrics included in papers. Things like the company’s share price track record, condensed income statements, opinions from investment analysts and the like. For Page 3 of 21 Brand Management Fall 2008: Term Project Guidelines example, if you did a paper on online music, and your focus were Apple iTunes, you might want to assess the overall impact of this new product on Apple’s overall financial results. From an investor’s standpoint, even if the business is successful, is it meaningful in terms of adding to Apple’s overall value as a stock you’d want to purchase for your portfolio? (A good source for analyst opinions is Investext on library electronic resource list.) Paper Details / Specs Single spacing, 12 point type preferred. In general, use default margins as follows—right/left = 1.25”; top/bottom = 1”. Footnotes at bottom of page – 10 point type. For footnote examples – see Prof’s Notes/Chapters or case studies -- Acushnet/Titleist, Nike, etc. If footnote 2 is the same source as footnote 1, do this: Ibid./comma/page number/period. Ibid., 38. If footnote 7 is the same as footnote 3, do this: Author’s last name, page number. If you’ve previously cited two sources by the same author(s), add the title to the footnote: Author(s) last name, title, page number. Do a bibliography or references page at the end. Format this just like a footnote except include the entire page range of an article; for a book cite the chapter(s) or pages that were most relevant to the term paper. Use subheads in bold. Your heading/subheading format is your choice. Whatever works. For page numbers do this: View/ header footer/ click to footer / tab to center / click “Insert Auto Text” then “page X of Y” Exhibits/ graphics – where these are not too lengthy, paste into text; placing all Exhibits at paper’s end is passé. All graphics, charts, tables taken from literature should have attribution –i.e., Source: XXXXX. Where a key point, opinion, fact, or quote is from a highly credible or even controversial source, consider citing the source in the text in the text. Sources cited in text or on graphics still need to be included in “Bibliography” or “References”. Typing Rules 101: Period and colon are followed by two spaces Comma and semi-colon followed by one space Page 4 of 21 Brand Management Fall 2008: Term Project Guidelines References The number of sources has exploded with the advent of the World Wide Web and the “search engine.” The problem is that few web-only sources offer the depth of facts and analysis of the major business periodicals. So what? What this implies is that a generalized search engine like “The Big Ten” Google or Yahoo should be employed as an adjunct to—not a 1. Wall Street Journal substitute for—the library search engines: Pro-Quest, Ebscohost, 2. The New York Times Lexis Nexis, RDS Business Suite and First Search. 3. The Boston Globe All of the above is not meant to say that Google won’t uncover some good sources, particularly in off-beat or niche topic areas. But overall, pound-for-pound, day-in and day-out: you can’t beat the “Big 10” for being “in-depth” in facts and analysis—and in tapping into the best “experts” and pundits. Hidden Gem References 4. BusinessWeek 5. Fortune 6. Wired 7. Business 2.0 8. Fast Company 9. Forbes 10. Economist Investext – investment analysts often conduct excellent analyses of marketing programs; often give firm prediction of how successful certain marketing moves will be. Top consultants – like McKinsey, Bain, etc. Other Babson professors also. Choosing a Topic “I’ve got a topic with great potential but….can I find sufficient published material to cover this is sufficient depth?” This dilemma can only be solved by doing a preliminary search and skim-reading some potential sources. One way to add depth is to extend search into academic sources. Use academic journals/books for “theory,” business periodicals for “practice!” Or add non-published data/information by: talking to experts; getting company info from a source inside/company PR office; doing a survey or building a model or getting data from library sources like Competitive Media Reports, or Simmons or Scarborough. Extend academic source search beyond articles to books (like a Consumer Behavior or Brand Equity or Market Research or Quant Methods text.) Some “trade books” have academic depth: e.g., Tipping Point. Cult Branding doesn’t have this depth but you can add this by additional search re: cults, persuasion, tribal marketing, etc. If you have good descriptive information on a brand management situation—find a couple of sources that contain analysis, or do your own analysis. While the only absolute “requirements” are that you submit a topic by a specific date and write a paper (individual or group), the idea is to get additional input from the professor. In turn, to do this you may choose to take the following steps before you begin the actual researching and writing: Submit a 1-2 pager containing: o Paragraph or two about the particular “angle” you will pursue on the topic. Why this topic? What do you expect to find? What do you foresee as important “lessons learned for Brand Management”? Page 5 of 21 Brand Management Fall 2008: Term Project Guidelines Preliminary Bibliography o This will enable you to confirm for yourself that there is enough “stuff” out there in published sources (or consulting experts) to support a solid research paper o Will open the door to getting suggestions from me about additional sources. The above is strictly optional; not doing this will not result in prejudice against your final paper. Example Topics follow – this list keeps getting longer. Not meant to limit you. Just examples, thought starters. Page 6 of 21 Brand Management Fall 2008: Term Project Guidelines Idea Starter – Examples of Term Project Topics¥ When The Buzz Turns Ugly -- Buzz—in the form of word-of-mouth, media publicity, celebrity endorsements, etc.—is touted as an inexpensive and effective way to create brand awareness and favorable attitudes. But what happens when the company experiences bad buzz. The examples from the last few years are legion: Martha Stewart an icon for many, is accused of insider trading, a charge that is later reduced to obstruction of justice. But, Martha Stewart is the brand. How much will the brand be damaged? Will customers defect? Will shareholders lose value? (This topic has evolved since I wrote the above !) Volkswagen of America which is riding high from new products that have fueled strong sales growth over the last fifteen years, experiences a widespread problem with ignition coils in its cars. VW refuses to announce a recall, customers start to protest in various ways, and bad buzz hits the newspapers and other media. Has the brand been damaged? Disney experiences bad buzz due to problems at ABC Network, criticisms of CEO Michael Eisner, and reduced earnings. In January 2003, a Babson College student establishes a travel company which is exposed as nothing but a shell. Business 2.0 anoints the event as one of the “101 Dumbest Moments” in ’03. Many other colleges are experiencing a bad buzz due to problems with student partying, fraternity hazing, and pressurized atmosphere that stresses the students to the point of breaking. But colleges are not big marketing organizations with large PR Departments. How can they be prepared to handle bad publicity? Abercrombie and Fitch has actually grown the brand through promoting an edgy image. The most visible example of this is its quarterly catalogs which have been designed to feature teens and 20 something’s in risqué situations. In the Fall of 2003, protest against this tactic rises to such a level that A&F decides to remove all of the Fall catalogs from its stores. There are many more examples of organizations—and individuals—hitting a patch of very bad publicity. Is all PR good PR because it gets the name out and makes the company top of mind? Or is bad buzz a problem for brand equity? How do you prevent it? Perhaps more important, what’s the proper response once it happens? Why does going to the edge seem to be a sign of the times? Traditional Media Under Attack -- During the dot-com boom the word was that traditional media was dead because marketers would use the Internet to communicate with consumers one-to-one. This prediction doesn’t seem to have played out. Yet, traditional media is still said to be facing problems of audience fragmentation—there are hundreds of TV channels—and the specter of TIVO, Zapping and channel surfing. One of the most visible responses to this is the big push now on for things like sponsorships and product placement in TV shows and movies. Is the threat facing traditional media real? What are the facts? What is happening? How are companies’ responding and is it enough? How will the media landscape change over the next ten years? (Hint: see Vanishing Mass Market article on Blackboard \Course Docs\ Misc. Articles). Marketing Metrics -- Marketing is so expensive and risky that companies are trying to push marketing closer and closer to being a science. Marketer’s are attempting to build models of the marketplace that take data and produce better decisions about all aspects of the marketing mix—who to target, how much to spend, what price to charge, the size of discounts, etc. Marketing is being asked by CFO’s to justify large amounts of marketing spend. The word is that marketing needs to support its spending with solid evidence that there is tangible payback—increased market share, brand equity and shareholder value. ¥ I like this list because it gives you many more thought starters than I could pull out of the air in class. I dislike this list because it may be misinterpreted as all-inclusive (it’s far from that), or as a menu from which you must pick a paper theme (no, non, nyet!) Just examples of the broad scope of topics that fit the course. Page 7 of 21 Brand Management Fall 2008: Term Project Guidelines Consultancies, academics and market research companies are striving to meet this challenge. What is happening? How have they done? What are some of the new data driven models that are really working? Search Engine Optimization: Search and how to manipulate it, is in the news a lot these days. Paid search is also out there. What do brand managers need to know about this? When do SEO tactics veer toward the sleazy and unethical? Will there be a backlash from consumers? Krispy Kreme—why did the bottom drop out of this once-hot brand? Are these guys in trouble? Shareholders are not happy with KK management. What happened? Financial analysis will be required for this topic. Cola Wars Revisited -- Business Week’s December 20, ’04 cover article sounds an ominous tone for Coke. It’s still the biggest global brand in the Interbrand list, but brand value has been declining. Branded Entertainment (BE) —This is the latest term for “product placement” or “branded content” and it’s taking the marketing world by storm. Is this effective and efficient? Aren’t there big risks to this? Don’t marketers lose control? One agent said that Coke’s placement in American Idol could be worth anywhere from $2m to $20m—this says that evaluating the cost-effectiveness of BE is very difficult. Horn Library has a new DVD (“Branded Entertainment”) of a recent BE conference—the presentation by Rich Stoddart of Ford is excellent. Strategic Umbrella of Brand Management—one way to achieve sustainable brand dominance is to take out your competitors by acquisition or even co-marketing alliances. Recently, Sprint buys Nextel, AT&T and Cingular combine, Oracle gobbles up Peoplesoft, Daimler buys Chrysler and the list goes on. What are the theoretical and practical reasons acquire competitors? Is bigger always better? Upheaval in Airlines—the low-cost carriers (LCCs) are winning (Southwest, Jet Blue, Air Tran, American West, etc.) The old majors are responding—e.g., Delta’s new LCC, Song. Look at the industry as a whole or focus on a brand. Reduced Carb Diet/Atkins Theory -- The “low carb prescription” appears to have caught on like wildfire in the United States. From all of the noise being made, low-carb seems to be a big thing across all sectors of the food industry—prepared food makers like Kraft, restaurants and deli’s, breads and pastry’s, and even whole food purveyors like meats and fruits and veggies. My own local no-name fast-casual takeout place devotes a half page of a six page menu to low-carb alternatives. Isn’t the Atkins Diet an old idea that seems to have reached the tipping point of mass adoption? If so, how did this come about? What are the implications for food marketers? Subway has a whole line of sandwiches that are co-branded: “Atkins approved.” How did Subway adapt to the trend so quickly? How much emphasis are they placing on low-carb versus their original positioning as low-fat? Is low-carb a fad or here to stay? Mythmaking -- Advertising imagery is said to have a visceral appeal to the consumer because ads invoke some of our most deeply felt myths. Is understanding more about mythology helpful for building “brand personality?” Don’t attempt this paper unless you’ve studied myths in past education. Finance Jock Topic: Brands on the Balance Sheet Janice Revell, “Goodwill Hunting,” Fortune, 2 April 2001, 172. Refers to FASB Change in mid 2001—what do marketers need to know? Page 8 of 21 Brand Management Fall 2008: Term Project Guidelines Says that the proposed accounting changes which would increase the bottom line will unleash a flurry of merger activity (this affects “brand strategy”!). The books of many companies will get a major makeover. Goodwill is the residual of the price paid for a company over “the value of its net assets, such as factories and inventory.” Goodwill “represents such intangibles as a well-known brand name or a loyal customer base.” The amount can be sizeable because Morgan Stanley estimates that the $10.5b General Mills is paying to acquire Pillsbury 79% or $8.2b is attributable to good will. Two ways to handle this: “Purchase” accounting, the most common, the $8.2b must be amortized over several years which in General Mills case is $200m annually. In “pooling” accounting, companies ignore good will entirely but this rule comes with rules so restrictive that few opt for it. “The proposed changes would eliminate pooling and would change purchase method ‘so that good will amortization becomes a non-issue.’” This will improve the books of companies on both sides of M&A market. Now you can buy a company “without worrying that the goodwill will scare the bottom line for years to come. As for targets, any company that’s writing off good will from past purchases will be able to erase the annual charge to earnings.” But Anthony Ferrugia, an analyst with A.G. Edwards says: “Any good analyst shouldn’t be bothered with amortization. Cash is what’s happening.” The article says that some dismiss the proposed changes as purely cosmetic because amortization is a bookkeeping charge that doesn’t affect the company’s cash flow or “real earnings.” But Gary Posternack, an investment banker at Lehman Brothers says: “This is enormous from a mergers and acquisitions perspective. We are revisiting deals that were disregarded on the basis of their being too dilutive [to earnings].” Mario Gabelli of Gabelli Asset Management says: “CEO’s don’t to get on a conference call and tell the world, ‘Hey, this is a great acquisition we’re going to dilute earnings $.20/share,’ because momentum investors and analysts will just bleep all over their stock.” Fortune went on to identify a few companies that would benefit from the proposed rule changes. Cacheflow (CFLO) stock has dropped from 161 to 5 but tremendous goodwill charges will disappear. Cinergy (CIN) a low cost producer that will be a merger candidate in the next wave of consolidation sweeping the utilities industry. Cambrex (CBM) insert the chart from this article in the valuation file. What a Difference a Rule Makes: How 2000 earnings would look under the proposed changes JDS Uniphase Veritas Software Clear Channel Coca-Cola Enterprises Allied Waste Industries Raytheon Intangibles as percentage of total assets 85% 76% 71% 64% 55% 50% 2000 earnings per share Increase under new rules* $0.41 $0.60 $0.57 $0.50 $0.86 $1.46 99% 102% 183% 495% 50% 69% Source: Janice Revell, “Goodwill Hunting,” Fortune, 4/2/01, 172. What is “cool” And How can/do marketers use this to create brand associations? What makes stuff cool? Page 9 of 21 Brand Management Fall 2008: Term Project Guidelines Are there cool-factories (e.g., Dutch company that invented Big Brother? Producers in music, TV, movie studios? Everyone at MTV.) How do marketers channel cool? Cultural scanning? Vertically integrate? Use ad agency? Take a current example of cool and dig in. After in-depth description – inductively uncover the underlying “principles” Take common elements of “what’s going to be cool” rock bands in Rolling Stone, and track for a number of these the career trajectory. How often is the act a one-hit wonder? Track the latest and greatest movie stars. How many favorites last, how many burn like roman candles? How can marketers tie into cool before the “trend” disappears? What is “coolhunting” (see Malcolm Gladwell “Coolhunting” article on gladwell.com). The Excesses of Branding/ Brands as a Blight on Society -- Naomi Klein’s No Logo and Eric Schlosser’s Fast Food Nation signaled a new wave of social activism, i.e., questioning and criticizing marketing practices. A brand new book – Branded – promises to keep the movement alive (Klein also has a follow-up: No Fences). All of these owe a debt to Vance Packard’s Hidden Persuaders (1957) – and don’t forget Ralph Nader’s Unsafe at Any Speed about the GM Corvair. Shift.com has an excellent diatribe on the topic. But in all of this the question remains: how does business harmonize social consciousness with profits/shareholder value? Do these authors offer solutions? Can you? Do some reading and reflecting and write a good old-fashioned term paper. I believe that a really good one would be publishable. [More books: Culture Jamming (Lasn), Branded (Quart); there are movies too.] Customer Relationship Management -- Is this basically having a huge database and mining this for customer habits and tendencies and behavioral patterns (e.g., do they buy only “on deal”? Are they brand loyal? Are they “heavy users” or only occasional?)? What is CRM? Does it work? Does it pay back the IT and customer service investment? Why do some critics say that overall customer service is still bad? What modeling approaches have been developed to do data-mining/discover patterns? I believe that our own math teachers – Allen and Reilly – know quite a bit about this. Fads and Raves -- Just when we hear that society is in a post-industrial malaise – innovation is down, customers are bored – something new appears that seems novel and catches a buzz. Examples abound like reality TV and the Sopranos and Pokemon and Harry Potter and Lord of the Rings. And the Simpsons keeps going and going after a decade – a phenomenon that has defied predicted wear-out. Analyze one or more of these trends from a sociological standpoint. What societal-cultural undercurrents are being captured and exploited? Pop culture writers will give you a start and may point you to investigating deeper, more fundamental explanations. Marketers and ad agencies are employing trendspotters. What are these trends all about? Is there a reliable way to identify and tap these for the benefit of the brand? The theory of postmodernism talks of the importance of tribes (new name for reference groups) and “tribal marketing.” Another term is “building community.” The most famous example is Harley Davidson’s HOG (Harley Owners Group). Another is LOMO (see Shift.com) and there are many more. What’s the theory, how does this impact on practice? Do tribes just arise serendipitously or do marketers engineer the process? (See me for more references; this is related to “Buzz” – read articles in the course. Bernard Cova is a leading academic source – see “Tribal Marketing” on Blackboard. Page 10 of 21 Brand Management Fall 2008: Term Project Guidelines Saturn – a brand hailed as a huge breakthrough for stodgy General Motors. What’s happened since the glory days of mid-90s? Did GM bureaucracy force the upstart, prodigal division back into the conservative corporate fold? Or was Saturn always a brand with a great idea, but no profits? What are plans for revival? The new Ion? A new SUV? Will the comeback succeed? HP/Compaq: On August 12th 2003, HP’s up-until-recently-embattled CEO, Carly Fiorina, made a presentation in New York unveiling no less than 158 new products. These will be launched in Fall ’03 supported by a $300 million ad budget. Has Ms. Fiorina’s long fight to combine HP and Compaq been won? HP dares to compete with Sony, Dell, Microsoft and Oracle—will it succeed? Is Carly Fiorina in the same league as Bill Gates, Michael Dell and Steve Jobs? What was her “vision”? Reality TV: I have a nasty confession – I have actually turned off PBS and Larry King and NESN to become enthralled with the likes of Survivor, Temptation Island, Joe Millionaire and Queer Eye. And apparently I’m not alone. Why? What do social pundits say? Sociologists? Psychologists? Anthropologists? Why do these shows appeal? This programming is helping one-way TV hold it’s own against interactive media. What’s the story? What’s the marketing significance? Cultural significance? How can marketers identify emerging cultural trends/fads? How can they predict which will take off? Do a similar marketing/ “cultural analysis” of other recent phenoms: Harry Potter, Osborne’s, Pokemon, American Idol, etc Amazon, Yahoo, Google, e-Bay: pick one, write a case study updating to the present and future outlook. Currently in Search there is predicted to be a 3-way battle among Yahoo, Google, and Microsoft. Clementine and Marketing: how does this data-mining technique work? Apply this to a marketing problem. Disney and Pixar: Is Steve Jobs upset that Michael Eisner drove such a hard bargain in the original agreement – e.g., Toy Story sequels don’t count toward Pixar commitment. Should Pixar walk or does Jobs still need Disney’s marketing muscle? What are lessons learned for managing “strategic alliances”? Killer App: See Business Week 8-18-03. Will hi-tech rebound? Must it discover the next Killer App? Is this KA visible yet—waiting in the wings? Microsoft: Does anyone like the company from Redmond, WA? Will the EU be tougher than the US government? If so, will it even matter? Having a worldwide PC platform has advantages for everyone. Still, monopolies are said to hinder small companies with better ideas. Can anyone actually document a better idea that was kept out of the market by Microsoft treachery? Andy Grove said: “Only the paranoid survive,” but have Gates and Ballmer gone too far? Will history conclude that Microsoft dominance was a good or bad thing? Auto Market: Many stories out there – e.g., did Daimler-Benz make a big mistake in acquiring Chrysler? Toyota seems like the big kahuna – can anybody touch them? Those Mini Cooper’s are cute but does this really build the overall BMW brand franchise? Page 11 of 21 Brand Management Fall 2008: Term Project Guidelines Is Nissan a sleeper? Etc. Movie Biz: Why is success so volatile in this business? When star-laden flicks bomb and “Greek Wedding” makes profits, how can anyone make sense of this business? Boston Red Sox: What’s the business model? How do you make money in baseball? Is winning everything? Is the new management strong? Is there a “curse”? Why does the “evil empire” seem to always win? Does the brand depend on winning, or is it deeper than this? Apple iTunes: Great idea? Big success? Will it save the company whose PC market share is 3%? Will iTunes be profitable? Competitors are coming—Roxio will re-launch Napster name—is Apple lead sustainable? Will prosecuting individual file-sharers (like “college kids”) be effective against the Kazaa’s? Is Steve Jobs a genius? Or is iTunes’ good press more hype than substance? Retail Brands in the news: Ikea, H&M, Anthropologie, Kohl’s, etc. What innovative thinking is demonstrated? How do new retailers build an enduring brand? Brand Control: Hackers start a community around Lego Mindstorms. Then they infringe on the trademark. At first Lego loves it but then they have second thoughts. When can you lose control of your brand? What to do? Real Options: How can this be applied to brand marketing? For example, can real options be used to evaluate whether a new product should be launched as a new brand (more unique, more expensive) versus a brand extension? Eminem: Try analyzing Marshall Mathers’ success in a historical context: the role of rebels, bad boys, iconoclasts. Do these folks do more than just generate controversy? Or are they seers whose role is to open eyes to societal injustices and dysfunctions and hypocrisies? Even if they are—what about Eminem? Should he be regarded with the same reverence as past rebels like Allen Ginsberg, Bob Dylan, Jean-Paul Sartre, John Lennon (add to the list!)? Remember, pornography is not pornography if it can be seen as having “socially redeeming” themes and purpose. Does Eminem’s art qualify as “socially redeeming”? If not, what’s the difference between John Lennon and Eminem? What does all this say about society? The changing of generations? Does any of this apply to marketers who are trying to create hip contemporary imagery for their brand? Lucent Technologies: this once-proud spin-off from AT&T has been fighting for survival. The word was that Lucent bet wrong on wireless technology and suffered accordingly. A case study on Lucent could be built around a theme of how precarious hi-tech marketing is given the volatile nature of technology itself. On-Line Groceries: do a case on the failures (Webvan, Streamline, and Kosmo) and the survivors. Blogs, Chatrooms, Networking sites –are these new tools for marketers? Generational Marketing – you probably have taken note that generational tags are being thrown around today in the press. The baby boomers are aging and getting nostalgic. Gen X’ers are cynical and were once called Slackers and led the dot.com revolution; and Gen Y are those 7-25, a larger generation than the X’ers, and potentially extremely important to marketers. The generational theory is that entire generations are stamped with some common attitudes that differ from other generations and that endure over a lifetime. For example, it is said that Nike’s historic emphasis on team sports like basketball, does not have the appeal with the Gen Y crowd that it did with the Boomers. As a result, it is said, Nike is pursuing more involvement in extreme sports like snowboarding and skateboarding and hang-gliding. As Page 12 of 21 Brand Management Fall 2008: Term Project Guidelines you can see, generational marketing would not only make a good term project it would also come in handy in understanding your kids. New Media – in the old days, media was basically TV, radio, newspaper, magazine, and outdoor (billboards). Today there is a plethora of new media available, including the Internet, and additional new promotional methods appear to be popping up almost weekly. The two most recent I can think of are elevator advertising and companies doing product placements in another company’s advertisement. A Toyota Matrix ad features a guy holding a Sony Vaio laptop. New media is said to spring up because the old are becoming less effective. Is this true? Are new media a panacea considering that spreading your bucks over more and more vehicles may lead to fragmentation and inconsistency? In order to better manage the media planning process, what do marketers need to know? Technology brands – brand equity connotes a certain stability of company performance, but most technology companies are anything but stable. Does brand equity even apply to technology marketers? Or is the industry basically driven by technology life cycles, or the risky business of coming up with the latest and greatest? The Interbrand list places Intel with a huge brand value. Does Intel have brand equity or has it simply managed to monopolize a huge, crucial tech market? Or are the two phenomena the same thing? Building a buzz – read the books, Tipping Point and The Anatomy of Buzz and go from there. Maybe do a case study on buzz building in a particular industry like cars or movies. Street marketing (often related to buzz) – what is this, who does it and how is it done? Is it a reliable and dependable marketing tactic? Isn’t this just a risky form of manipulation? Maybe find and talk to an agency or two that does street marketing/ buzz building. Locate some agencies in Street Marketing/Buzz and talk to them. Advertising agency – how does it differentiate itself. Does an agency–as–brand stand for anything? How do ad agencies tangibilize and “package” their “creative philosophy?” Does making great ads (like Nike) necessarily require you take on more risk? How do agency’s hand-hold clients to make them feel more comfortable with such risk? Fault lines in the Marketer-Ad Agency relationship: why don’t clients and agencies get along? Why do they seem to choose divorce or patching-up the relationship? EMC, Cisco, Sun, Intel, Motorola, Nokia – some of the great names in technology. They’ve all taken hits unforeseen three years ago. Has “brand” helped them weather the storms? Are they coming back? How? (Choose one – or more – of these) Apple -- this was an icon brand and still apparently has some diehard customers. Does Apple still have a viable value proposition for the PC user? Will it survive? Has Steve Jobs redeemed himself after getting fired by John Sculley in the 80s? Nike’s origins were totally admirable – a group of runners trying to make products to help fellow runners perform better. Nike’s origins, in the competitive world of track and field, translated into an aggressive inyour-face business style that matched America’s aspirations and was admired for a long while. Now, there are many who feel that Nike needs to exude less raw capitalism and needs to have more concern for the social consequences of what it does. Should Nike listen up and change its ways? Or should it simply follow the capitalistic idea of profits and shareholder value. Could questions about Nike’s role as a “corporate citizen” actually hurt its business? Southwest Airlines has been the most consistent brand in the airline industry over the last twenty years. What’s the secret of success? Now with legendary CEO Herb Kelleher stepping down, will Southwest have a more difficult time of repeating this performance over the next twenty years? How can Southwest Page 13 of 21 Brand Management Fall 2008: Term Project Guidelines keep the brand flying high when competitors have mostly decoded its success formula? Expand the paper to low-cost carriers including Jet Blue and Air Tran. Choose a local brand and write a case study about how it has built and maintained brand equity. The brand could be consumer or technology, product or service, profit or non-profit, etc. You could even choose something artsy like Aerosmith or Fast Company Magazine. Ok, if you really love “this place” so much, I invite you to do a paper on Babson College. Beginning with the ever interesting Roger Babson himself, I understand that the school’s history is fairly engaging (as school histories go). Selected local brands in the Globe 100: Allmerica Financial Corp., Analog Devices, Analogic Corp., Biogen, Inc., BJ’s Wholesale Club, Inc., Boston Acoustics, Inc., Boston Beer Co., (class A), Clean Harbors, Inc., Designs, Inc., Genzyme Corp., General Division, Gillette Co., Haemonetics Corp., J. Jill Group, Kronos Inc., Millipore Corp., Netegrity Inc., Reebok International Ltd., Talbots Inc., Thermo Electron Corp., TJX Cos., Tweeter Home Entertainment Group, Waters Corp., Yankee Candle Co., Staples Inc., State Street Corp., Steinway Musical Instruments Inc., Stride Rite Corp., Amazon – to many consumers, this is an absolutely great brand that offers a tremendous amount of value. For me there is no easier, more reliable way to locate and buy books – even videos and CD’s – than Amazon.com. But, Amazon has lost a tremendous amount of money, its market cap is way down from the glory days, and analysts continue to whisper about the precariousness of its very survival. Using a financial hat, among others, analyze what the truth is behind Amazon. How close is it to complete disaster? What is the company doing to turn this around? Is the idea of being much more than a great bookstore an achievable goal? When will Amazon be able to determine whether success is imminent or impossible? Trendy brands – take for example some of the new cosmetics brands like MAC, Kiehl, Aveda, and so forth. Are these companies designed to make it big on a fad, and then harvest the business and fade away? Or do they aspire to grow into something large and sustainable? Estee Lauder recently bought about four or five of these brands, this apparently to expand the demographics it sells to. Cosmetics is just one example. Trendy hits many categories – toys, cars -- even PDAs? -- What are the unique challenges and rewards in launching a trendy brand? McDonalds – a recent Business Week article “Fallen Arches” sounds a very ominous tone about McDonalds. The word is that Wendy’s and even Burger King are getting much higher consumer satisfaction numbers at the point of purchase. Still, McDonalds is ubiquitous and typically hooks us with emotional advertising and catchy jingles. For months, I walked down the street whistling about how I really deserved a break today. Has McDonald’s reached a point where its problems are not solvable – at least within the current corporate culture? To do a proper job on this paper you will have to interview a McDonald’s store manager or two. e-branding – what did we learn about branding from the Internet bubble’s fast rise and its crash? What basic marketing and business principles were ignored by e-businesses. What new marketing tools and rules were created by these aggressive upstart ventures? What’s the outlook for the future? Staples – a local company that just posted (5-22-02), strong first quarter results, But aren’t office supplies a commodity? Can a rational person see differences between Staples, Office Depot, Office Max – or even the local stationery store? Is Staples comeback for real? Page 14 of 21 Brand Management Fall 2008: Term Project Guidelines An Older List: Possible Term Project Topics Topics Description Snapple Brand history from entrepreneurial to Triarc to Quaker to Cadbury. Lessons learned about branding. Was Snapple a “fad” brand? This connotes: increasing share-of-customer, ongoing communication, customizing offerings, high customer loyalty because switching cost is high. Supported by database, data mining. Internet facilitates eCRM. What is new in all this. Cite at least three case studies. Old CRM = frequent flyer/airline clubs, catalogs, direct mail as reminder or cross-selling device. Comparative analysis of brand companies using shareholder value. DuPont model, economic value added. Who’s winning, who’s losing? What strategies are performing better? E.g., Nike vs. Reebok, Coke vs. Pepsi, P&G vs. Colgate, etc. Do financial models fully value strong brands? Do a brand equity audit among Babson community. Do an Internet survey; analyze data. Theoretical: What is business moral obligation to society? What theories of ethics apply? Practical: can social activists hurt my brand? Examples: Nike (sweatshops), Calvin Klein (sexy, heroine-chic ads), Procter & Gamble (Satanism), Uptown and Dakota cigarettes. What to do? Source: No Logo by Naomi Klein Who is succeeding? Why? Is B2C e-biz a bust? Why? Reference: “Strategy and the Internet” by Mike Porter in Harvard Business Review. MyPoints.com, Iwon.com, etc. Status, update. How do schemes work? What do brand managers need to know. Update Harvard case study on this great, iconic Boston ad agency. Case study. How did Lego adapt to an electronics toy environment. Popularized by HBR article. Means intercepting consumers by wireless very near to when they will buy, e.g., Starbucks coupon when person drives into range of the store. When will this takeoff? What will it mean? Non-traditional media are said to do well at building a buzz: movie placements, sports sponsorship, event sponsorship, street marketing. But how do you do the trade-off with regular media—how do you compare regular and NT on reach, frequency, CPMs? See BMW Z3 case in this course. Building female communities. Is this a good business? What have we learned? “Planners” work for ad agencies. They do market research – usually in-depth, qualitative research – and feedback key consumer insights to advertising creatives. “Planning” originated in Britain where advertising is. Considered to be more artistic and emotional, less hard sell. Apparently the process has been adopted in the U.S. Has it? Why? What’s it all about? “Got Milk” is said to be one of planning’s great successes; what are others? Reference: See Jon Steale. MTV is 20 years old, ever controversial, always innovative. Customer relationship management Financial view of branding Brand Equity measurement Social Context e-Branding e-Promotion Arnold Communications Lego Contextual Marketing NT Media iVillage & Oxygen Account planning MTV Page 15 of 21 Brand Management Fall 2008: Term Project Guidelines Trends, Fads, Fave Raves Nike Reebok Virgin Group Automobile brands Harley Davidson Retailing Brands Nokia Microsoft Does MTV give advertisers “instant buzz?” Is it a “must medium” for teen products? Has MTV gone global? Is it worn out? Do a case study on a “Hot Trend”: drill down into the underlying environmental conditions (social, cultural, demographic, economic, technological) and human psychological needs that provided fertile soil for the trend to grow. Can marketers predict these things in advance? Or are these things inherently unpredictable? Is trend spotting important for all brand marketers or just for those aiming at kids or teens? Examples: Millionaire, Reality TV, Beanie Babies, Harry Potter, Pokemon, Rap Music. The most successful and controversial brand of the past two decades. How does “edgy and risky” equal “relevant?” Does Nike need more brand management basics? Has Nike become what Phil Knight feared: a fashion brand? Are the “seven dwarfs” (Adidas, Reebok, Sketchers, Doc Martins, Vans, LA Gear, etc.) due for a comeback? Has Nike been successful globally? What’s the outlook. Local company, beat down by Nike, is getting buzz. They’ve signed deals with NFL and NBA. Have they solved their problems? Does Reebok have major “traction” and the big mo’? Virgin, headed by the legendary and charismatic Richard Branson, signaled the power of leveraging a brand. Virgin expanded into lots of new market spaces, on the one hand unrelated, and on the other hand bound together by an umbrella brand exuding a strong, contemporary set of brand values. How has this grand experiment worked out? What did we learn from Virgin? Did the company stretch a name successfully? Is it a model for a future where some say corporate brands will rule? There are some in-depth case studies in Harvard and ECCH to mine for “deep background.” Cars offer the perfect balance of rational vs. emotional in branding: Choose an auto brand and trace its path to its current status. How has the marquee built or destroyed brand equity? What are the challenges going forward? Some seed examples: A tremendous turnaround story – and great for America’s ego. How did Harley do it? Have shareholders been rewarded? Is the buzz justified? Sustainable? The problem with fashion retailing is that “fashion” is volatile. What’s in this year may be out, next. And it seems that premium innovators spawn copycat followers who attack from below (meaning similar styles offered cheaper). Do a paper on the category or segment, or a single retailer: e.g., Abercrombie, Gap, Ralph Lauren, Liz Claiborne, Tommy Hilfiger, etc. Choose another retail arena: Home Depot, fast-food, department stores, etc. Big brand out of Finland. How did Nokia beat back Motorola and Ericsson to win the race? Are shareholders happy? Is this brand sustainable? Lots has been written. Take any angle you want. Possible tack: Do primary research (interviews, survey, one-on-ones, and focus group) on MS. Is this a brand where consumer attitudes and behavior diverge, i.e., the “favorite brand you dislike”? Do Page 16 of 21 Brand Management Fall 2008: Term Project Guidelines Branding as depicted in the arts Sony iTV Street marketing, stealth marketing, guerilla marketing, ambush marketing, viral marketing Origins of “Pop Culture” Permission Marketing customers perceive the monopoly? Do they see advantages or disadvantages? Second idea; From the thousands of pages of transcripts from antitrust case, we potentially learn a lot about what makes Microsoft tick. What did we learn? What can other brand marketers take away? (Certainly, there is a lot to learn about marketing warfare and how success here can help and hurt a brand.) How have artists (e.g., literature, film) and philosophers treated brands – as an essential, normal part of life? As a plague on society? As a device to reveal character (e.g., Ian Fleming’s James Bond)? As evidence of greed and materialism? A replacement for religion? The next step prior total moral abdication (American Psycho)? As “familiar friends” that we remember fondly from childhood (e.g., piling into the old Ford Fairlane to go to the lake)? What do we learn from seeing branding through eyes that have been tuned to deeper perceptions? Do brands give meaning to life? Is this ok? This brand has been cited as one of the leading “lifetime” brands among Americans (Harris poll 2002). But has also been cited as being stretched too far across product categories and price/quality tiers. Does Sony have a brand architecture problem – e.g., are sub-brands like PlayStation and Vaio handled well in Sony’s scheme? Does Sony have a strong “brand personality” (like say, Nike)? Does it need one? Interactive TV has held a promise that to date has not been fulfilled. Every marketer’s dream is to have viewers see a commercial, then click on it to buy it or get more info. What are other applications? Is iTV coming? When? What will it mean? Do all these great buzz words mean the same thing? What do they mean? Define and give examples. When Jerome McCarthy coined the idea of 4Ps in the 60s, he never could have anticipated how the “mix” has been expanded today. Pop culture is important to marketers because it signals what symbols, celebrities, ideas, aesthetic styles (e.g., retro, grunge, heroin chic), street language, and lifestyle associations (extreme sports) will give the brand’s communications relevance. Define pop culture. Is it a new concept? Did Andy Warhol invent pop culture? Did Ben Franklin perceive a pop culture? Can it be decoded for exploitation by marketers? How? Are there risks? Seth Godin’s 1998 book is still challenging and relevant. Companies like YesMail.com have made a business of PM. What’s the status? What do brand managers need to know? Page 17 of 21 Brand Management Fall 2008: Term Project Guidelines Brand Management / Brand Equity – Recent Books Last Name Aaker Year 1991 Aaker 1996 Aaker 1998 Aaker 2004 Aaker and Joachimsthaler Bedbury, Fenichell 2000 Blackwell, Stephan Carpenter 2004 Chilton, Simmons 2004 Cowen 1998 Cristol, Sealey 2000 D’Alessandro 2001 Davis 2000 Davis 2001 de Chernatoy, McDonald 2003 Donaton 2004 Dru 2002 Dyer, Dalzell, Olegario 2004 Farrell 1997 Gladwell 2000 Gobé 2001 2002 2000 Full Citation David A. Aaker, Managing Brand Equity, NYC: Free Press, 1991. David A. Aaker, Building Strong Brands, NYC: Free Press, 1996 David A. Aaker, Strategic Market Management; 5th Edition.” NY: John Wiley & Sons, Inc. David A. Aaker, Brand Portfolio Strategy: Creating Relevance, Differentiation, Energy, Leverage and Clarity. NYC: Free Press, 2004. David Aaker and Erich Joachimsthaler, Brand Leadership NYC: Free Press, 2000. Scott Bedbury with Stephen Fenichell, A New Brand World: 8 Principles for Achieving Brand Leadership in the 21st Century. NYC: Viking, 2002. Roger Blackwell and Tina Stephan, Brands That Rock. Hoboken, New Jersey. John Wiley & Sons, 2004. Phil Carpenter, eBrands: Building an Internet Business at Breakneck Speed, Boston: Harvard Business School Press, 2000. Rita Chilton and John Simmons, Brands and Branding. UK: Economist/Profile, 2004. Tyler Cowem, In Praise of Commercial Culture. Cambridge, Ma. Harvard University Press, 1998. Steven Cristol and Peter Sealey, Simplicity Marketing: End Brand Complexity, Clutter, and Confusion. NY: The Free Press, 2000. David F. D’Alessandro, Brand Warfare: 10 Rules for Building the Killer Brand. New York: McGraw-Hill, 2001. Scott M. Davis, Brand Asset Management: Driving Profitable Growth Through Your Brands. San Francisco, CA: JosseyBass (A Wiley Company), 2000. Bob Davis, Speed is Life: Street Smart Lessons from the Front Lines of Business. NYC: Currency/Doubleday, 2001. Leslie de Chernatoy and Malcolm McDonald, Creating Powerful Brands. 3rd Edition, Oxford: Elsevier/Butterworth Heinemann, 2003 (first pub., 1992). Scott Donaton, Madison & Vine: Why the Entertainment and Advertising Industries Must Converge to Survive. New York: McGraw-Hill, 2004. Jean-Marie Dru, Beyond Disruption : Changing the Rules in the Marketplace. New York: John Wiley & Sons, 2002. Davis Dyer, Frederick Dalzell, Rowena Olegario, Rising Tide Lessons from 165 Years of Brand Building at Proctor & Gamble. Boston, Ma: Harvard Business School Press, 2004. Winslow Farrell, How Hits Happen: Forecasting Predictability in a Chaotic Marketplace. Harper Business, 1997. Malcolm Gladwell, The Tipping Point: How Little Things Can Make a Big Difference. NY: Little, Brown and Company, 2000. Marc Gobé, Emotional Branding: The New Paradigm for Brand_eq / Citations /Brand Management Library List.doc; Revised January 2005. Page 18 of 21 Brand Management Fall 2008: Term Project Guidelines Connecting Brands to People. New York, New York. Allworth Press, 2001. Brand Management / Brand Equity – Recent Books, Cont’d Last Name Goldman, Papson Year 1998 Hill, Rifkin 1999 Holt 2004 Ind 1993 Ind 2001 Godin 2003 Gottlieb, Jacobs 2002 Johnson, Learned 2004 Kapferer 1997 Kapferer 2000 Kaplan 2002 Katz 1994 Keller 2002 Keller, Berry 2003 Kilbourne Klein 1999 1999 Koehn 1995 Knapp 2000 Lanham 2002 Lasn 2000 Full Citation Robert Goldman and Stephen Papson, Nike Culture: The Sign of the Swoosh. Thousand Oaks, CA: Sage Publications, 1998. Sam Hill and Glenn Rifkin, Radical Marketing: From Harvard to Harley, Lessons from Ten that Broke the Rules and Made it Big. Harper Business, 1999. Douglas Holt, How Brands become Icons: the Principles of Cultural Branding. Boston: Harvard Business School Publishing, 2004. Nicholas Ind, Great Advertising Campaigns Goals and Accomplishments. Lincolnwood, Illinois. NTC Business Books, 1993. Nicholas Ind, Living The Brand: How to Transform Every Member of Your Organization into a Brand Champion. Dover, NH: Kogan Page, 2001. Seth Godin, Purple Cow Transform Your Business by Being Remarkable. NY: Portfolio, 2003. Lori Gottlieb and Jesse Jacobs, Inside the Cult of Kibu and Other Tales of the Millennial Gold Rush, Perseus Publishing/Perseus Books, 2002 Lisa Johnson and Andrea Learned, Don’t Think Pink: What Really Makes Women Buy. NYC: AMACOM Books, 2004. Jean-Noël Kapferer, Strategic Brand Management. Dover, NH. Kogan Page, 1997 Jean-Noel Kapferer, Reinventing the Brand: Can Top Brands Survive the New Market Realities? London (England)/Milford CT: Kogan Page, 2000. Philip J. Kaplan, F’D Companies: Spectacular Dot-Com Flameouts. NYC: Simon & Schuster, 2002. Donald Katz, Just Do It: the Nike Spirit in the Corporate World, Holbrook MA: Adams Publishing, 1994. Kevin Lane Keller, Strategic Brand Management: Building, Measuring and Managing Brand Equity, (2nd Edition), Upper Saddle River NJ: Prentice Hall, 2002. (1st Edition was 1998) Ed Keller and John Berry, (One American in ten tells the other nine how to vote, where to eat, and what to buy. They are “The Influentials”. New York City: The Free Press, 2003. Jean Kilbourne, Can’t Buy My Love. NYC: Touchstone, 1999. Naomi Klein, No Logo: Taking Aim at the Brand Bullies, NYC: Picador/St. Martin’s Press, 1999. Nancy F. Koehn, Brand New: How Entrepreneurs Earned Consumers’ Trust from Wedgwood to Dell. Boston, MA: Harvard Business School Press. Duane E. Knapp, The Brand Mindset: How Companies Like Starbucks, Whirlpool, and Hallmark Became Genuine Brands and Other Secrets of Branding Success. New York City: McGraw-Hill, 2000. Robert Lanham, The Hipster Handbook. New York: Anchor Books A Division of Random House, Inc., 2002 Kalle Lasn, Culture Jam: How to Revise America’s Suicidal Page 19 of 21 Brand Management Fall 2008: Term Project Guidelines Leland 2004 Consumer Binge – and Why We Must. New York: Quill/Harper Collins, 2000. John Leland, Hip: the history. New York: HarperCollins, 2004. Brand Management / Brand Equity – Recent Books, Cont’d Last Name Levine Year 2003 Lodish, Morgan, Kallianpur 2001 Lopiano-Misdom, De Luca 1997 McConnell, Huba 2003 McKenna 2002 Moser 2003 O’Barr 1994 Pine, Gilmore 1999 Popcorn, Marigold Ragas, Bueno 1997 Ries, Ries 1998 Ries, Ries 2002 Rosen 2000 Salzman, Matathia, O’Reilly 2003 Schmetterer 2003 Schmitt 1999 Schmitt, Simonson 1997 Smith, 1997 2002 Full Citation Michael Levine, A Branded World Adventures in Public Relations and the Creation of Superbrands. Hoboken, New Jersey. John Wiley & Sons, Inc. 2003 Lodish, Leonard M., Howard Lee Morgan, and Amy Kallianpur, Entrepreneurial Marketing: Lessons from Wharton’s Pioneering MBA Course, NY: John Wiley & Sons, Inc., 2001. Janine Lopiano-Misodom and Joanne De Luca, Street Trends: How Today’s Alternative Youth Cultures Are Creating Tomorrow’s Mainstream Markets. Harper Business; Ben McConnell and Jackie Huba, Creating Customer Evangelists: How Loyal Customers Become a Volunteer Sales Force. Chicago: Dearborn Trade Publishing (A Kaplan Company), 2003. Regis McKenna, Total Access: Giving Customers What They Want in an Anytime, Anywhere World. Boston: Harvard Business School Press, 2002. Mike Moser, United We Brand. Boston, Ma. Harvard Business School Press, 2003. William M. O’Barr, Culture and the Ad. Boulder, Colorado. Westview Press, 1994. B. Joseph Pine II and James H. Gilmore, The Experience Economy: Work is Theatre and Every Business a Stage. Boston, MA: Harvard Business School Press, 1999. Faith Popcorn and Lys Marigold, Clicking: 17 trends that drive your business…and Your Life. NYC: Harper Business, 1997. Matthew W. Ragas and Bolivar J. Bueno, The Power of Cult Branding: How: 9 Magnetic Brands Turned Customers into Loyal Followers. Roseville CA: Prima Publishing (Crown/Random House), 2002. Al Ries and Laura Ries, 22 Immutable Laws of Branding: How to Build a Product and Service into a World-Class Brand, NYC: HarperBusiness/, 1998. Al Ries and Laura Ries, The Fall of Advertising and The Rise of PR. New York: Harper Business, 2002. Emanuel Rosen, The Anatomy of Buzz: How to Create Wordof-Mouth Marketing. NYC: Doubleday/Currency, 2000. Marian Salzman, Ira Matathia and Anne O’Reilly, Buzz: Harness the Power of Influence and Create Demand. Hoboken, NJ: John Wiley & Sons (A BrandWeek Book), 2003. Bob Schmetterer, Leap; A Revolution in Creative Business Strategy. Hoboken NJ: John Wiley & Sons (An Adweek Book), 2003. Bernd H. Schmitt, Experiential Marketing: How to get Customers to SENSE, FEEL, ACT, and RELATE to Your Company and Brands. The Free Press, 1999. Bernd Schmitt and Alex Simonson, Marketing Aesthetics: The Strategic Management of Brands, Identity, and Image. NY: The Free Press, 1997. J. Walter Smith and Ann Clurman, Rocking the Ages: Page 20 of 21 Brand Management Fall 2008: Term Project Guidelines Clurman Solomon 1999 Solomon 2003 Steel 1998 Stobart 1994 Trout, Rivkin Upshaw. 1996 Zyman 1999 Zyman, Miller 2000 Zyman, Brott 2002 1995 Yankelovich Report on Generational Marketing. NYC: HarperBusiness, 1997. Michael R Solomon, Consumer Behavior: Buying, Having and Being. NJ: Prentice-Hall, 1999. Michael R. Solomon, Conquering Consumerspace. New York City: Amacom (American Management Association), 2003. Jon Steel, Truth, Lies and Advertising: The Art of Account Planning. NY: John Wiley & Sons, Inc., 1998. Paul Stobart (ed.), Brand Power, NYC: New York University Press, 1994. Jack Trout with Steve Rivkin, The New Positioning The Latest on the World’s # 1 Business Strategy. NY:McGraw-Hill, 1996 Lynn B. Upshaw, Building Brand Identity: A Strategy for Success in a Hostile Marketplace. NY: John Wiley & Sons, Inc., 1995. Sergio Zyman, The End of Marketing As We Know It, NYC: Harper Collins, 1999. Sergio Zyman and Scott Miller, Building Brand Width: Closing the Sale Online. Harper Business, 2000. Sergio Zyman with Armin Brott, The End of Advertising as We Know It, Hoboken NJ: John Wiley & Sons, 2002. H://Share/Kopp/Brand_eq/Citations/Brand Management Library List Page 21 of 21