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August 18th, 2010 by Nick Bishop

The Economist named as one of the world's hottest brands

The Economist might be 167 years old but age, and an unwavering commitment to a philosophy formed back when Queen Victoria was busy ruling an empire, haven’t prevented it from being included in Ad Age‘s annual round-up of the “World’s Hottest Brands”.

Ad Age’s list is limited to just 30 brands, including many of the names people in the marketing industry would expect to see included: Facebook, Ikea, Nike and BMW for example. That The Economist, a brand with a fraction of the number of consumers of these companies, is considered to be of the same calibre says much about both the quality of the product and the rigour of the publication’s marketing.

In both cases, it’s The Economist’s refusal to compromise that has made it so successful. Editorial is always disinterested – unaffected by background forces – and marketing is always true to the essence of the product. That may sound simple to achieve but to not waver over the course of 167 years deserves great praise.

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April 30th, 2010 by Chris Measures

Jimmy Choo goes digital

I find how brands integrate digital with the rest of the marketing mix fascinating. Many still don’t get it, as seen by high profile cock-ups by the likes of Nestle but savvy companies realise it opens new channels to their audiences.

My colleague Chris McCrudden blogged on Nike’s new campaign, and, continuing the shoe theme, Jimmy Choo is getting in on the act. For the launch of its new ultra cool trainer range, the CatchaChoo campaign updates the treasure hunt idea with technology. The trainers appear at a fashionable London hotspot, announced via FourSquare, Facebook and Twitter and first person to get there wins a pair of their very own.

What’s great about CatchaChoo is that it is simple, straightforward and uses the strengths of digital to best advantage. Not being a Jimmy Choo type I’ll leave it to others to chase the trainer but look forward to seeing the impact it has on sales. Maybe then it will encourage more brands to use digital positively in the marketing mix.

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April 19th, 2010 by Chris McCrudden

Nike wants us to reclaim the streets?

Picture the situation. You’re a huge brand with a dominant position in your market. You have enough power and money to make King Solomon blush, but you have a couple of problems. Firstly, by virtue of your size, people think you’re a bit faceless. Secondly, you’ve been the subject of some damaging investigations that have linked your products to exploitative labour in the developing world.

So you make money, but oridinary people hate you. What do you do?

What Nike’s done. That’s what.

Nike started the 21st century as a corporate social responsibility whipping boy. Na0mi Klein’s demolition of its brand in No Logo transformed its public image from being a world-leading manufacturer of posh trainers into the kind of villainous organisation that, had it been around in 1830s London, would have been pushing small children up chimneys armed with toothbrushes.

To its credit, however, Nike has slowly and carefully repaired a lot of its damage to its brand. And not by the kind of defensive top down activity that huge global companies default to, but by initatives designed to build a strong, positive relationship with the people who consume most of its products. Runners.

Nike’s marketing over the past few years has been a textbook example of how to do ‘relationship marketing’. After working out that runners liked listening to their iPods as they ran it teamed up with Apple to develop the hugely successful Nike+.  It picked runner-friendly celebrities for its charity tie-ins, it blogged and offered exclusive content on Facebook. Basically everything you should do to get a constituency of hobbyists who could act as your brand ambassadors on side.

Now this strategy has taken an interesting turn with the Nike Grid campaign. This is a street-running competition devised by Nike that people join via Facebook (through Facebook Connect) and which encourages them to race each other through the streets of London, using the capital’s under-used network of phone boxes as staging points. The more phone boxes you connect, the more points you score. It’s a cute idea, and one that indrectly associates Nike with ‘reclaim the streets’ activism – a subtle kind of activism that puts Nike on the same level as the (running) man in the street.

It’s not something you’ll care about if you’re not a runner, but that’s exactly the point. Nike has done very well out of cultivating niche markets, and this is a brilliant example of how a brand can harness the various tactical methods of keeping in touch with people in today’s connected world, and turn them into an elegant integrated campaign. It makes you feel part of a community, but also reminds you that you need a new pair of running shoes…

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December 8th, 2009 by Speed Budapest (Matt)

Accenture and the roaming eye of the Tiger‎

Finding fulfilment at every step

Tiger Woods - finding fulfillment at every step

Another day, another celebrity makes a fool of themselves. This time Tiger Woods has been a bit of a naughty boy allegedly knocking up at least 10 extramarital notches on his bedpost. Not great news then for Accenture, the global IT services company which has sponsored the professional golfer since 2003, featuring him in much of the company’s print, broadcast and digital adverting.

It’s not the first time that a celebrity has damaged a brand by doing or saying something a bit stupid and it won’t be the last. But sometimes it’s not just the advert that can get companies in hot water; it’s where the ad has been placed. Marks & Spencer discovered this earlier this year when the company quickly decided to pull it’s advertising from the Daily Mail’s website after users spotted it appearing alongside Jan Moir’s homophobic article about Stephen Gateley’s death.

Only time will tell if Accenture, Nike, Electronic Arts and the other brands that Tiger Woods represents will continue to back the star. But what’s clear is that businesses need a contingency plan in place to deal with the transgressions of celebrities.