Brand Demise in the Digital Era

Many brands think of themselves as permanent. In fact, the lives of great brands can be quite fleeting, particularly if they don’t fully embrace digital media.

Circuit City, Kodak and Blockbuster all appeared very robust as recently as the 1990s. But now lead a zombie-like existence, not quite dead but not quite alive either, according to Peter Horan, president of Answers Media Group and former About.com CEO.

“I really love disaster movies,” Horan said. “I love ‘Independence Day.’ I watch it every time it is on TV. I tear up at the end of ‘Armageddon,’ when Bruce Willis put Ben Affleck into the chute to go back up into the space ship. The core premise of a good disaster movie is that you wake up every morning going on with your regular life: getting your car washed, buying groceries. And unbeknownst to you, this big-ass meteor is flying through space and is about to blow the earth into a hundred million pieces. And that is in fact, what business in the United States has been like for the last 20 years.”

 

https://digiday.com/?p=16786

More in Marketing

Manchester City uses Fortnite to expand its global audience

As Manchester City rolls out its own Fortnite experience, it will have to contend with the fact that this brand new world does not come with a pre-existing user base. To address this problem, the company plans to leverage its network of players and talent to spread the word across their social feeds.

How Chipotle’s fighting-game-focused esports strategy is paying off at Evo 2024

In 2024, Chipotle’s choice to court the relatively niche fighting game community appears to have paid off. According to a joint study by YouGov and the agency rEvolution, which helped develop Chipotle’s gaming strategy, U.S. esports fans between the ages of 18 and 44 reported a nearly 100% increase in their intent to purchase Chipotle following the brand’s esports campaign last year.

How Revolut’s creator strategy is benefitting from YouTube’s long-form swing

The challenger bank is prioritizing YouTube creators in bid to reach consumers.