Brand Leadership in the contemporary economy

The brand leadership as a best practice used by IBM, Sony, P&G, GAP, Nestlé, Smirnoff, Beiersdorf (Nivea) and others was highlighted 10 years ago by professors D.A. Aaker and E. Joachimsthaler who published in 2000 the famous book Brand Leadership. In the last two years, the growing importance o...

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Main Authors: Andreia Andrei, Monica Talaba
Format: Article
Language:English
Published: University of Bacău 2010-12-01
Series:Studies and Scientific Researches: Economics Edition
Subjects:
Online Access:http://sceco.ub.ro/index.php/SCECO/article/view/133
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author Andreia Andrei
Monica Talaba
author_facet Andreia Andrei
Monica Talaba
author_sort Andreia Andrei
collection DOAJ
description The brand leadership as a best practice used by IBM, Sony, P&G, GAP, Nestlé, Smirnoff, Beiersdorf (Nivea) and others was highlighted 10 years ago by professors D.A. Aaker and E. Joachimsthaler who published in 2000 the famous book Brand Leadership. In the last two years, the growing importance of brand’s human interface and increased influence of information sources such as Internet and socialmedia in buying decision led to the proliferation of the brand’s touch points and the emergence of social marketing. Marketing is experiencing a profound paradigm shift, because marketers can not control anymore the conversation with consumers through commissionable media. The paper outlines the importance of brand leadership in the context of changes made by social media. Overcoming the traditional vision of marketing and management and adopting brand leadership become an imperative for business success in the contemporary economy.
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spelling doaj.art-51be0abc264b493dbdb1f8ee609126282022-12-22T00:25:26ZengUniversity of BacăuStudies and Scientific Researches: Economics Edition2066-561X2344-13212010-12-0101510.29358/sceco.v0i15.133133Brand Leadership in the contemporary economyAndreia AndreiMonica TalabaThe brand leadership as a best practice used by IBM, Sony, P&G, GAP, Nestlé, Smirnoff, Beiersdorf (Nivea) and others was highlighted 10 years ago by professors D.A. Aaker and E. Joachimsthaler who published in 2000 the famous book Brand Leadership. In the last two years, the growing importance of brand’s human interface and increased influence of information sources such as Internet and socialmedia in buying decision led to the proliferation of the brand’s touch points and the emergence of social marketing. Marketing is experiencing a profound paradigm shift, because marketers can not control anymore the conversation with consumers through commissionable media. The paper outlines the importance of brand leadership in the context of changes made by social media. Overcoming the traditional vision of marketing and management and adopting brand leadership become an imperative for business success in the contemporary economy.http://sceco.ub.ro/index.php/SCECO/article/view/133brand leadershipbrand managementbrandingsocial marketing
spellingShingle Andreia Andrei
Monica Talaba
Brand Leadership in the contemporary economy
Studies and Scientific Researches: Economics Edition
brand leadership
brand management
branding
social marketing
title Brand Leadership in the contemporary economy
title_full Brand Leadership in the contemporary economy
title_fullStr Brand Leadership in the contemporary economy
title_full_unstemmed Brand Leadership in the contemporary economy
title_short Brand Leadership in the contemporary economy
title_sort brand leadership in the contemporary economy
topic brand leadership
brand management
branding
social marketing
url http://sceco.ub.ro/index.php/SCECO/article/view/133
work_keys_str_mv AT andreiaandrei brandleadershipinthecontemporaryeconomy
AT monicatalaba brandleadershipinthecontemporaryeconomy