No
surprise here: Amazon is ranked as the most desirable brand in the world for
the second year in a row, according to an annual survey that measures how
consumers think about, feel about, and act towards some 250 brands.
Apple
slipped from 8th to 50th in a year. Several large banks ranked towards the
bottom. Reese’s, Disney, Chobani, and
Ben & Jerry’s rounded out the top five.
Brand
recognition and appeal go a long way to helping a company grow its bottom
line. America has spoken and it loves
Amazon. But it used to love Apple, and
it fell to 50th. It used to
love Facebook, but then its stock tanked.
See a pattern?
It’s
hard to sustain a loyal relationship between brand and consumer. But when you do it right, you can own the
world. Amazon is growing its empire,
despite thin profit margins. They still
remain the top player in the book industry, not only by its volume of sales,
but how it impacts price, availability, and service at other retail outlets.
Amazon
can only go down from here, but then again, which brand will rise up to contest
its superiority?
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Brian
Feinblum’s views, opinions, and ideas expressed in this blog are his alone and
not that of his employer, the nation’s largest book promoter. You can follow
him on Twitter @theprexpert and email him at brianfeinblum@gmail.com. He
feels more important when discussed in the third-person. This is copyrighted by
BookMarketingBuzzBlog © 2013
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