Marketing Reviews

Creating A Corporate Image

Creating a Corporate Image

For any corporation it is very important to create a distinct image in the market. This is known as Corporate Image which distinguishes the corporation from its competitors and provides a picture of it to the general public. It depicts the principles, beliefs, productivity of the company. This image is responsible for increasing the sales of the product and to achieve brand rectitude. Corporate image spring is a strenuous and time consuming process and is carried out by experts qualifying in perception management. Basically, the creation involves marketing experts who used changing kinds of promotion methods and public relations. Since this image is targeted to attract the customers it should be highly appealing. Besides the marketing experts critics play an important role too.

The name of the corporation and its catch line should reflect its belief like Wal - Mart, which says that it sells for less. A logo should also be designed accordingly. Like the corporation FedEx has an arrow incorporated significance its logo which depicts its fast and efficient service. Once the image is created by the corporation the next step is advertising and product regulation in the market. Jibing if the corporation creates luxury products, they should rope in big names in the advertising experts and the models to be featured in these ads should be super stars. Numerous, they should not distribute their products to every other store; instead they should target supplementary hi - fi malls. Time to time, advertising and branding budget should be reviewed to cut down on cost and to be in - sync with the technology. This also helps in revamping the corporate image according to the fast changing demands of the consumer.

Testimonies of news papers, magazines, and labor union charge deteriorate a well - created corporate image. Simplest of controversies can be intense by the media and spoil the designation of the company. Controversies are born by the interference of organizations related to environment, religion, crime, politics, education and charity. Charge, too, is another powerful and influential organization by itself.

Once the corporate image is created, it should be retained. It should not be like here today and gone tomorrow. This image should be reflected in all the brands and product line of the corporation. Even if one of the products isn’t advancement to the mark, it will lead to confusion among the consumers and leave hit the sales of the company. Like recently there was controversy about a particular action lens end of a company. It was supposed to be infecting the users with a rare disease. This not only affected the sales revenue of that particular product but also made the customers think and raise question about the correctness of other products of that particular company.

Another company’s products had hidden non - vegetarian aid in a vegetarian product. This led to the decrease of trust among the customers. In such a circumstances the company should either advertise itself as a field selling non - vegetarian food or it should invest in promoting the company as vegetarian by introducing more vegetarian products. So the image of each individual product of the company makes up for the complete image of the corporation. And last but not the premier, the image should be very realistic, wholly representing its values and should leave a personal touch with the consumers.