Fusion Branding by Nick
Wreden
Nick
Wreden has already written for Pool. His book on Fusion Branding encapsulates
thinking about the future for brands. There has been much talk about how the brand
will have to behave in the future. Cynics may say that this comes from
consultants looking to make money by offering advice. The truth is that is a
major underlying shift in the nature of marketing that comes from rapid and
major changes in areas such as marketing communications infrastructure and, most
importantly, the changing nature of the consumer, especially in developed
markets.
The
most important feature of the new environment is the shift from a producer-led
economy through the customer economy to the demand economy. In short this means
from mass markets to customer-focused products and services to totally
personalised offerings. Mass marketing is in the past, one to one marketing is
today and Fusion Branding represents the way in which manufacturers and service
providers can address this demand economy.
Fusion
Branding is, not surprisingly, a multi-dimensional approach to the management of
brands. The two key elements at its heart are excellence (in product/service
performance as well as two-way communications) and an intense focus on what the
individual's needs and requirements are. Delivery is paramount within this as
consumers have frequently loss trust in and respect for brands that have
over-promised and under-delivered.
Branding
is about relationships where trust and loyalty have to be earned. They cannot be
built on the back of an advertising campaign alone or some positive PR. Like any
relationship they have to be continually worked upon.
The
way in which the book is written enables the reader to use it in a number of
different ways. Reading the whole book through is a major task such is the level
of detail. However, each chapter has a useful summary and this enables the
reader to get to grips with Fusion Branding quickly without reading the whole
text. Each chapter ends with what is called Takeaway, a series of questions to
help you apply Fusion Branding to your own operations. There is also a useful
list of further reading.
There
are many branding books that promise a roadmap to the future for brands. Fusion
Branding is certainly one of the best of these as it recognises all the elements
that make up a brand and how they interact. Many marketers remain stuck in the
mass marketing era where branding is about adding emotional values to a product
or service offering, segmenting your market to find the best target group and
developing a unique (very rare) positioning. Consequently, it is not common to
find brands that achieve a genuine relationship with the consumer. The world is
full of me-toos and overhyped products that fail to deliver. it is time for
marketers to become genuinely customer-focused.
Review
by Martin Payne