The most basic principle of strategic management is
flexibility. Management decisions must consider both the internal and the
external environments and the changes that arise from time to time. This means
that management decisions are constantly in danger of being rendered obsolete
if they are not refined in time to accommodate the changes. The digital wave is
one of these changes in the external environment..
Brand building in the digital wave requires a skilful approach
and flexibility. The digital wave is churning out consumers who are used to
being in charge and who demand to have their views and opinions respected. They
want the brands to listen instead of talking at them. They desire meaningful
conversations as opposed to sending impersonal messages. They want the
fulfilment that they have not only been understood but also that their views,
feelings, demands, and preferences have been taken into consideration. This
places consumer engagement among the most effective strategic brand management
tactics.
The digital explosion is an opportunity as well as a threat.
It revolutionises ways in which a brand can express itself. Brand managers can
utilise the digital platforms to enhance interactivity. The increased
interaction between the brand and the consumer can be highly dynamic. It could
even warrant the brand managers changing the brand identity to conform to what
the consumers desire to see. The consumer is increasingly impatient and wants
to see their needs and preferences accommodated with speed. This can be
challenging for brand managers as it at times would warrant them changing their
brand propositions from time to time. The delicate balance therefore needs to
be struck. The organisation cannot be fully dependent on dynamic consumer
perceptions to inform their branding strategy. At the same time, the concept and
the branding decisions are bound to be rendered ineffective if the changes in
the society are not accommodated.
The dynamism described above is what many marketers fail to
adjust to. Most marketers continue to embrace the traditional branding approach
in which the consumer is a passive receiver of marketing communication while
the organisation almost exclusively channels information on the brand identity.
Under this traditional mode, all that is needed is for strategic marketing
message design to be effective and the right messages coined. With effective
communication, the receivers of the messages end up perceiving the brand as the
organisation intends. Marketers who believe that such an approach is still possible
can be said to be hiding their heads in the sand.
The importance of being dynamic in marketing approaches is
what distinguishes bureaucratic organisations from entrepreneurial ones. While
the former focus on control and performance measurement, the latter focus on
accommodating the customer and the changing preferences. The entrepreneurial
approach is what marketers ought to embrace in their brand management
strategies. It is no longer feasible for the traditional marketing approach to
be sustained. The organisation that wishes to survive the highly dynamic and
competitive environment must take not of this and make adjustments as
appropriate.
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