In recent years, many online brands
have surfaced along with most traditional or brick and
mortar brands introducing corresponding e-brands, pointing to
a bright future for this promising field. Dr.
Subir Bandyopadhyay, Indiana University Northwest (USA), editor
of the recently released book Contemporary Research in
E-Branding
, discusses several theories on why this emergence is
occurring.
“The future of e-branding looks extremely
bright for several reasons,” says Bandyopadhyay. “First,
the number of potential online customers seems almost
boundless.
Second, it provides a unique opportunity for a
company to reach international markets in a cost-effective
way.”
“For existing brands, the Internet
provides a central organizing platform for integrating
marketing communication functions of a firm. It allows
an existing brand to leverage on its strengths to reach new
customers across the
world.”
Driven by
his fascination with the promise of e-branding to build new
brands and strengthen existing ones,
Dr. Bandyopadhyay is currently working on research projects
to apply e-branding concepts to brand regions and
cities.
“Many regions and cities try to create an
identity or a brand image (e.g., tourism, gambling for Las
Vegas, and investment in high-tech industry for the Silicon
Valley). Other places may want to change a somewhat
negative image (e.g., high pollution rate and lack of economic
opportunity
for the ‘rust-belt’ regions in the Midwest). I
am developing an e-branding strategy template for branding
places.”
In addition, Dr. Bandyopadhyay is working
on a project to develop e-branding strategies for public
non-profit institutes such as universities. For more
information on his extensive research into e-branding, visit
his publication’s Web site at: http://igi-global.com/reference/details.asp?id=8253.