Interbrand

Interbrand

Interbrand, a division of Omnicom, is a branding consultancy. Interbrand was founded in 1974 as Novamark by John Murphy, a former employee of Dunlop, in London. Initially focusing on naming consultancy, Interbrand expanded and developed into a full-service branding consultancy with 40 offices in 25 countries. Interbrand has an extensive list of clients, with large corporations spanning many industries. [http://www.ourfishbowl.com/images/press_releases/pressrelease_edinburgh.pdf] [ [http://www.hindu.com/businessline/catalyst/2001/12/20/stories/1920f052.htm `Interbrand's entry will give credibility to brand-building'] , Boby Kurian, "The Hindu", December 20, 2001. Accessed on line November 28, 2007.] Interbrand produces the weekly online magazine "brandchannel"Who|date=January 2008.

Interbrand provides various brand consultancy services, which led to their development of brand valuation.

Marketing success histories

In 1988, Rank Hovis McDougal (RHM) was under threat of a hostile takeover. Their management believed that the market was undervaluing a number of their assets, especially their brand assets. They therefore hired Interbrand to value their stable of brands. Interbrand's consultants developed a rough discounted earnings methodology to put a net present value on the financial benefit of owning the brandvague.

In 2008, Thomson completed its acquisition of Reuters with the roll-out of its new name, logo and identity system, which was created by Interbrand. They also hired Interbrand to develop strategy ensuring that its new brand expresses its business goals. [ [http://www.iht.com/articles/2008/04/17/technology/reuters.php?page=1 A name to herald its merger: Thomson Reuters] , Ian Austen, "International Herald Tribune", April 14, 2008. Accessed on line June 27, 2008.]

Methodology

Interbrand has refined its processing of contracts into a 5-step discounted Economic Value Added methodology. Interbrand releases an annual ranking of the best global brands by value in cooperation with BusinessWeek magazine. [ [http://www.interbrand.com/best_brands_2007.asp Interbrand: Best Global Brands 2007 ] ] [ [http://www.guardian.co.uk/media/2003/nov/01/advertising.business Selling the soft and fizzy stuff: Interview: Rita Clifton, chairman, Interbrand] , Richard Adams, "The Guardian", November 1, 2003. Accessed on line November 28, 2007.]

Well-known brands that belong to clients of Interbrand include AstraZeneca, AT&T, BMW, Deutsche Telekom, 2002 FIFA World Cup, Imation, ING, Lexmark, Microsoft, MINI, Nikon, Nintendo, Nissan, Schindler, Sharp, SONY, Suzuki, Toshiba, TUI, UBS and, Xerox [ [http://www.nytimes.com/2008/01/07/business/07cnd-adco.html Xerox Hopes Its New Logo Doesn’t Say ‘Copier’] , Claudia H. Deutsch, "The New York Times", January 7, 2008. Accessed on line June 27, 2008.] Fact|date=January 2008.

= See also =

* BrandZ
* Superbrands
* CoolBrands (branding initiative)

References

External links

* [http://www.interbrand.com/ Interbrand Corporate Website]
* [http://www.interbrandwood.com/ Website of Interbrand Wood Healthcare]
* [http://www.brandchannel.com/ brandchannel] - online magazine about branding, produced by Interbrand


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