How defined is your brand?
“I have always believed that great brands are built on improving the lives of the people they serve; I wanted to prove that maximum profit and high ideals aren’t incompatible but, in fact, inseparable,” said Jim Stengel, former global marketing officer of Proctor & Gamble and author of GROW.
While reading a recent issue of Advertising Age, I came across an interesting article about branding — not from a qualitative state but from an analytical and quantitative approach. The article was based on work done by Stengel (along with Millward Brown) identifying the 50 fastest growing brands in terms of value and consumer preference.
They designed an analytical, rigorous method that tested corporate ideals as the core of an organization’s success. Their findings were called the Stengel 50 — brands that built the deepest relationships with customers and achieved the greatest financial growth from 2001-2011.
Superior growth for businesses built on ideals