From the editor: Advertise with care and restraint
There are myriad ways of building brands today. Fortunately, for those of us who work in what we still call the 'advertising industry' there remains a multitude of brands who communicate with their audience largely through advertising. From FMCG to Ferraris, to fashion, great creative ads still influence choice and shift product.
Yet the digital era has opened up lots of new ways of building brands. Reference to Millward Brown's recently released BrandZ list of 2014's Top 100 Most Valuable Global Brands shows Google in first place and Amazon in tenth, with a combined brand value of $223bn, built almost entirely sans advertising. If you have a desirable product offer and good customer service, word of mouth and social media can spread your message widely and efficiently without recourse to the talents of an ad agency. A noteworthy aside on BrandZ is that the top four places are occupied by technology companies, emphasising how the digital era has revolutionised the world of brands.