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Corporate Branding Strategy for Blue Team Focus Company - Assignment Example

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This paper "Corporate Branding Strategy for Blue Team Focus Company" identifies the best branding strategies and contingency planning for the company. The Blue Team Focus Company should begin its corporate branding in discovery, strategy, communication, and brand management. …
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Corporate Branding Strategy for Blue Team Focus Company
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Extract of sample "Corporate Branding Strategy for Blue Team Focus Company"

The discovery process entails gathering information about perspectives and experiences about the brand by the internal and external customers of the organization. Additionally, a company can improve its brand dynamics by looking at its historical information on branding as part of the discovery stage. The outcome of the discovery process is referred to as core brand analysis which enables the entity to know what the brand symbolizes and the intended audience (Gregory, 2004).

          The Blue Team Focus Company should as a next step develops a strategy to communicate what the brand intends to achieve and express brand personality and stakeholder expectations about the company. For Blue Team Focus, the brand strategy should emphasize the expected customer experience through interaction with the company by using the Live Face product. After developing the brand strategy, Blue Team Focus should engage in corporate brand communication which involves marketing, promotion, and advertising and creating awareness about the brand through public relations. Given that Blue Team Company has an already established customer base through Sony and Verizon FIOS; it has less job to do in terms of brand communication. Finally, Blue Team should invest in brand management that involves keeping the brand alive and ensuring its growth using the appropriate company resources (Gregory, 2004).     

 Contingency planning

According to Westwood (2002), contingency planning is done through a SWOT analysis when all information and opinions are collected from marketing research. Blue Team Focus Company should evaluate its strengths in relation to its weaknesses considering available opportunities and potential threats in the marketplace. The company shall leverage its strengths from advantages related to proprietary technology mainly from Sony and Verizon FIOS. This will further strengthen the company’s competitiveness in the market in terms of having a well-conceived functional area strategy and cost advantages. The already established marketplace by Sony and Verizon FIOS shall enable the Blue Team Company to achieve its objective of penetrating the international market in terms of its product. But these achievements could be compromised by weaknesses stated by the company such as weak market image, lack of marketing managerial experience, and poor track record in implementing strategy.

The company’s strategy and competitive advantage are key to determining its strength and weakness level, which are internal factors. On the other hand, the level of opportunities and threats that this company may face shall mainly be determined by the market environment and competition (Westwood, 2004). The Blue Team Company has identified certain opportunities such as the possibility to enter new markets, diversify into related products, and faster market growth but noted threats like the entry of lower product cost, changing buyer needs and tastes, and entry of similar products from more established companies. In undertaking a SWOT analysis, Blue Team Focus must look at key products, potential markets, past performance, and its structural organization. The company should monitor the contingency plan for review and update based on changing circumstances in the future.

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