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Welcome to & Advertising The Business of Brands
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The Media Revolution. n Media Revolution Video Bruce Bendinger - Editor Advertising & The Business of Brands
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n Context Goes Down the Sides How To Read This Book: n Text Goes Down the Middle... s Starts w. How This Chapter is Organized s Ends w. Concepts and Vocabulary Context Goes Down the Sides s Examples s Concepts s Stories s Lists s Facts s Stats
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What you really want to know is…Whats on the Test ? ! ? n If its in the middle, its probably going to be on the test. n On the side, facts, lists, and statistics may be on the test n On the side, ad examples and nice stories are probably not on the test n Concepts and Vocabulary will always be on the test.
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Key Concepts: n The Brand n A Few Revolutions n Four Businesses Hey, whos this guy? n Information, Ideas and Change s Creative Destruction
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The Brand: n Verb - biernan to burn n Noun - a name, term, symbol, or design (that) identifies products. n Concept - a conceptual entity that focuses marketing activities. n A Meaning System - by adding meaning to objects… advertising performs a role historically assoc- iated with religion.. (AdCult)
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Key Concept: Today... The Business World Has Organized Itself Around Brands.
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So… what about all those Revolutions?
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10,000 years ago… n The Agricultural Revolution s Primary Economic Activity s This changed how people lived and worked together. s First beer, then bread. n Early Brands/Icons - symbols of s Religion s Rulership (Flags, etc.)
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10,000 years ago… n The Agricultural Revolution s Primary Economic Activity s This changed how people lived and worked together. s First beer, then bread. n Early Brands/Icons - symbols of s Religion s Rulership (Flags, etc.) s Ownership s Communication
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10,000 years ago… n The Agricultural Revolution s Primary Economic Activity s This changed how people lived and worked together. s First beer, then bread. n Early Brands/Icons - symbols of s Religion s Rulership (Flags, etc.) s Ownership s Communication
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200+ years ago… n The Industrial Revolution s Secondary Economic Activity - Mass Manufacturing, (including books), Distribution, Transportation
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200+ years ago… n The Industrial Revolution s It changed how people lived and worked together. s Secondary Economic Activity - Mass Manufacturing, (including books), Distribution, Transportation n Branded Communications s Identified manufactured goods s Reputation of manufacturer
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100 years ago… n The Beginnings of Modern Advertising: s Mass Manufacturing s Mass Distribution s Mass Communication s Mass Education s And disposable income! n It changed how people lived n Branded Products
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50 years ago… n The Post-Industrial Revolution s Tertiary Economic Activity - Services and Information s It changed how people lived and worked. s Marketing became more important n Branded Services n Brands were becoming an intrinsic part of peoples lives
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Today... n Almost everything is a Brand s Most manufactured goods s Most services s Entertainment brands s In some ways, YOU are a brand! n Brands have become an organizing force of modern business n Brands have become a cultural meaning system.
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Whats more... n The Media Revolution is changing everything! s Our behavior s Business models s Communication models s New Business opportunities s New Career opportunities s and of course… Brands!
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Business Today. n Brands are a cultural and business meaning system. n Marketing has become a major business function n A major part of marketing is marketing communication. n And one of the major ways brands communicate is… n The Media Revolution…
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Advertising! n An important part of American culture. n An increasingly important part of global culture. n The Original Marketing Communication n Still the major type of Brand- Building Communication
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& Advertising The Business of Brands n Marketers (& Advertisers) n Advertising Agencies n Media Companies n Marketing Services Suppliers 4 Types of Businesses:
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Four Examples : n Scott Bedbury (Nike/Starbucks) s A Marketer s A Writer
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(Roy Spence & Friends) Four Examples : n GSD&M n Scott Bedbury (Nike/Starbucks) s A Marketer s A Writer s An Advertising Agency
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Four Examples : n GSD&M n Scott Bedbury (Nike/Starbucks) s A Marketer s A Writer s An Advertising Agency (Roy Spence & Friends)
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Four Examples : n GSD&M (Roy Spence & Friends) s An Advertising Agency n Scott Bedbury (Nike/Starbucks) s A Marketer s A Writer n Robert L. Johnson s A Media Company s An Entertainment Brand
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Four Examples : s Marketing Services n Lisa Fortini-Campbell n Robert L. Johnson n GSD&M (Roy Spence & Friends) s An Advertising Agency n Scott Bedbury (Nike/Starbucks) s A Marketer s A Writer s A Media Company s An Entertainment Brand
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s Marketing Services Four Examples : n Lisa Fortini-Campbell n Robert L. Johnson n GSD&M (Roy Spence & Friends) s An Advertising Agency n Scott Bedbury (Nike/Starbucks) s A Marketer s A Writer s A Media Company s An Entertainment Brand
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Kinds of Brands: n Packaged Goods
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Kinds of Brands: n Packaged Goods n Durable Goods
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Kinds of Brands: n Packaged Goods n Durable Goods n Services American Express
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Kinds of Brands: n Packaged Goods n Durable Goods n Services n Retailers
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Kinds of Brands: n Packaged Goods n Durable Goods n Services n Retailers n Organizations s National Safety Council (& Ad Council)
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Kinds of Brands: n Packaged Goods n Durable Goods n Services n Retailers n Organizations s California Fluid Milk Processor Advisory Board (& Girl Scouts)
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Kinds of Brands: n Packaged Goods n Durable Goods n Services n Retailers n Organizations s California Raisin Advisory Board
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Kinds of Brands: n Packaged Goods n Durable Goods n Services n Retailers n Organizations n Entertainment Brands
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Kinds of Brands: n Packaged Goods n Durable Goods n Services n Retailers n Organizations n Entertainment Brands n Other Examples s Transportation, Music, Retail...
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Three Key Concepts: n Information s A major change in our economy FPowerShift s A major change in how we work. FKnowledge Workers n Ideas s The Economic Power of Ideas s Advertising is about Ideas And...
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n Ideas can change the game s Faster than ever n Ideas can also destroy s Creative Destruction The Challenge of Change s Joseph Schumpeter n Ideas can add value s Paul Romers work in Economics
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The Challenge of n The Speed of Change s Yes, its moving faster n Think what that means for your Education! Change n Think what that means for your Career...
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Brands Manage n Planning Change How n Implementation n Evaluation
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You & Your Career- n Right now, youre job shopping n This book ends with... n A Marketing Plan for The Brand Called You
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You & Your Career- n Right now, youre job shopping n This book ends with... n A Marketing Plan for The Brand Called You s Understand yourself as a Product
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You & Your Career- n Right now, youre job shopping n This book ends with... n A Marketing Plan for The Brand Called You s Understand yourself as a Product s Understand Your Market
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You & Your Career- n Right now, youre job shopping n This book ends with... n A Marketing Plan for The Brand Called You s Understand yourself as a Product s Understand Your Market s Increase Your Market Value
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You & Your Career- n Right now, youre job shopping n This book ends with... n A Marketing Plan for The Brand Called You s Understand yourself as a Product s Understand Your Market s Increase Your Market Value s Bring your product to market
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Next Steps: n Your Next Reading n Your Next Assignment
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Thank You.
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