Slim Brand Excellence 2007
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  Message from SLIM President to     Awards Ceremony 2008
  Message from Project Chairman to     Awards Ceremony 2008
Message from Chairman of Panel of judges

This year the Brand Excellence Programme has undergone significant changes in terms of its context as well as its process. The Committee has taken into consideration the collective and cumulative feedback of the previous jurors as well as the participants. The positive disposition to feedback and their passion to change and improve is what made me accept this role.

It is my ardent hope that the new format will attract the right level of participation from across the industry to enable the Brand Excellence Programme to be truly representative and truly competitive. For an award of this nature to be relevant, one needs representative participation from the industry. Hitherto, sadly, industry-wide participation has been lacking.

The new format establishes a premium on the performance of the brand in the market and the business. Whether it is, volume growth, profitability impact, share gains or improvements of brand measurements, performance impact is assumed to be the fundamental proof of excellence in branding.

We have also been very selective in the selection of the jury panel to ensure that executives with the right selection are being entrusted with the responsibility of evaluating your submissions. This jury will evaluate the brand based on the context and the hence the strategies that have been adopted.

Today only a handful of brands ascend above commodity status. One reason is that too few marketers attempt to break through the surface of the sea of grey. The fact is that much of our thinking is plainly mediocre. Brand proliferation is running rampant. Most brands follow rather than lead. There is less and less unique or compelling propositions being presented to increasingly demanding consumers. There is a new sense of urgency for both fresh thinking as well as excellence in execution.

Most new products fail and they deserve to. The majority of products in a category look alike. Rather than risk being different or innovative, many products start and end their lives as me-too-brands. They take the safe route and emulate the characteristics of the category leader, actually enhancing rather than displacing the leading brand’s position. This is what Michael Porter refers to when he states “it is striking how many firms that were first movers have remained so for decades”. The arduous task of today’s marketer is explained by Barry Schwartz, “As the number of choices keeps growing, negative aspects of having a multitude of options began to appear. As the number of choices grows further, the negatives escalate until we become overloaded. At this point, choice no longer liberates, but debilitates.” This is the moment of truth for any marketer and his brand. Can you establish real differentiation and build or grow your franchise in this context?

To meet the needs of the new consumer, it takes a new breed of company run by people who believe in brands that are exceptionally differentiated – brands that separate from their competition, and amaze and delight their consumers.

In their classic book, Al Ries and Jack Trout state that success “is how it is positioned in the mind of the prospect, not on the attributes the product may have.” In the modern world, positioning presents a different kind of challenge. At a time when consumer desire and demand drives marketing, brand positioning can determine product adoption and success. One problem is that too many brands are jockeying to position themselves just right. Another is that most categories have leaders so new brands coming into the category must first find a counter position to succeed. The alternatives are to create a subset of the category by appealing to a smaller audience segment, or create an entirely new category. Either way, positioning takes on an entirely new meaning.

May the games begin and the best brands win!

Imal Fonseka
  Chairman
Panel of Judges
 
     
 
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