{"id":31,"date":"2008-05-14T05:44:00","date_gmt":"2008-05-14T05:44:00","guid":{"rendered":"http:\/\/mukom.mondragon.edu\/relacionesconclientes\/2008\/05\/14\/leslie-de-chernatony-and-industrial-branding\/"},"modified":"2008-05-14T05:44:00","modified_gmt":"2008-05-14T05:44:00","slug":"leslie-de-chernatony-and-industrial-branding","status":"publish","type":"post","link":"https:\/\/mukom.mondragon.edu\/relacionesconclientes\/2008\/05\/14\/leslie-de-chernatony-and-industrial-branding\/","title":{"rendered":"Leslie de Chernatony and Industrial Branding"},"content":{"rendered":"<div style=\"text-align: justify\">As I wrote in a previous post tomorrow <a href=\"http:\/\/www.eteo.mondragon.edu\">we<\/a> coorganize with <a href=\"http:\/\/www.yellowing.net\">AZK Komunikazioa<\/a> the third edition of <a href=\"http:\/\/www.brandingaquiyahora.com\">Branding  Conference<\/a>. This year we have as a lecturer <a href=\"http:\/\/www.business.bham.ac.uk\/staff\/dechernatonyl.shtml\">Leslie de Chernatony<\/a>, one of the most remarkable expert in branding arena worlwide. Just have a look to his publications.<\/p>\n<p>Today he is coming from London and we will have the pleasure to meet him. These days I have been reading one of his most famous book: <a href=\"http:\/\/www.amazon.com\/Creating-Powerful-Brands-Leslie-Chernatony\/dp\/0750659807\">Creating powerful brands<\/a>. It is a very interesting book, where he and his colleague Malcom MacDonald speak us about the importance of the branding in different areas, like services, industrial markest or internet. I am especially interested in Industrial Branding and professor De Chernatony give us some useful insights. For example, he refers to the variables that predicts <span style=\"font-weight: bold\">the success of a relationship between buyer and seller<\/span>. These are:<\/p>\n<p>&#8211; <span style=\"font-weight: bold\">Commitment<\/span>: The desire and effort of both parties to continue the relationship.<br \/>&#8211; <span style=\"font-weight: bold\">Trust<\/span>: The belief that each partner will act in the best interest of the other,<br \/>&#8211; <span style=\"font-weight: bold\">Cooperation<\/span>: complemetary actions taken to achieve mutual beneficial outcomes<br \/>&#8211; <span style=\"font-weight: bold\">Mutual goals<\/span>: the degree to which partners share goals,<br \/>&#8211; <span style=\"font-weight: bold\">Interdependence and power<\/span>: the degree of power balance between partners, which determines the degree of dependence of one partner on another<br \/>&#8211; <span style=\"font-weight: bold\">Perfomance satisfaction:<\/span> The degree to which firms can meet or exceed the expectations of the partner<br \/>&#8211; <span style=\"font-weight: bold\">Structural bonds<\/span>: systems, such as shared technology, interlinking the two companies so closely that it becomes difficult to end the relationship<br \/>&#8211; <span style=\"font-weight: bold\">Comparison level of the alternatives<\/span>: The number of choices a company has, among available high-quality outcomes.<br \/>&#8211; <span style=\"font-weight: bold\">Adaptation: <\/span>The degree of modifications one company undergoes to accomodate the needs of the partner<br \/>&#8211; <span style=\"font-weight: bold\">Non retrievable investments<\/span>: The amount of resources a company commits specifically to that relationship.<br \/>&#8211; <span style=\"font-weight: bold\">Shared technology<\/span>: the degree to which one partner uses the technology contributed by the other partner to the relationship<br \/>&#8211; <span style=\"font-weight: bold\">Social bonds<\/span>: the degree of personal relationship that develops between firms.<\/p>\n<p>Of course, these factors have different importance depending on the stage in the relationship. These stages are,<\/p>\n<p>1.- Search and selection of an appropiate partner<br \/>2.- Definiton of the purpose of each partner, so that a satisfactory balance of power can be developed,<br \/>3.- Setting boundaries, which consider where each partner\u00b4s organization ends and the hybrid exists and when they can make legitimate claims on each other<br \/>4.- Creating value, which consider the processes which will add greatest value to each partner and the best way to share the value<br \/>5. Maintaning the relationship, when both parties strive for the long-term survival of their bond.<\/p>\n<p>These insights are mainly based on a research done by IMP Group member, D. Wilson, and published in the Journal of the Academy of Marketing Science in 1995. Here the reference:<\/p>\n<p>Wilson, D. (1995): <span style=\"font-style: italic\">An integrated model of buyer-seller relationships<\/span>, Journal of the Academy of Marketing Science, 23, 335-45.<\/p>\n<p>I wonder: Do you have any question for Mr. De Chernatony?<\/div>\n<div class=\"blogger-post-footer\"><img loading=\"lazy\" width=\"1\" height=\"1\" src=\"https:\/\/blogger.googleusercontent.com\/tracker\/9170098098482835922-3735077034924114977?l=relacionesconclientes.blogspot.com\" alt=\"\" \/><\/div>\n","protected":false},"excerpt":{"rendered":"<p>As I wrote in a previous post tomorrow we coorganize with AZK Komunikazioa the third edition of Branding Conference. This year we have as a lecturer Leslie de Chernatony, one of the most remarkable expert in branding arena worlwide. Just have a look to his publications. Today he is coming from London and we will have the pleasure to meet him. These days I have been reading one of his most famous book: Creating powerful brands. It is a very interesting book, where he and his colleague Malcom MacDonald speak us about the importance of the branding in different areas, like services, industrial markest or internet. I am especially interested in Industrial Branding and professor De Chernatony give us some useful insights. For example, he refers to the variables that predicts the success of a relationship between buyer and seller&#8230;<\/p>\n","protected":false},"author":99,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[41,40,45],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/mukom.mondragon.edu\/relacionesconclientes\/wp-json\/wp\/v2\/posts\/31"}],"collection":[{"href":"https:\/\/mukom.mondragon.edu\/relacionesconclientes\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mukom.mondragon.edu\/relacionesconclientes\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mukom.mondragon.edu\/relacionesconclientes\/wp-json\/wp\/v2\/users\/99"}],"replies":[{"embeddable":true,"href":"https:\/\/mukom.mondragon.edu\/relacionesconclientes\/wp-json\/wp\/v2\/comments?post=31"}],"version-history":[{"count":0,"href":"https:\/\/mukom.mondragon.edu\/relacionesconclientes\/wp-json\/wp\/v2\/posts\/31\/revisions"}],"wp:attachment":[{"href":"https:\/\/mukom.mondragon.edu\/relacionesconclientes\/wp-json\/wp\/v2\/media?parent=31"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mukom.mondragon.edu\/relacionesconclientes\/wp-json\/wp\/v2\/categories?post=31"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mukom.mondragon.edu\/relacionesconclientes\/wp-json\/wp\/v2\/tags?post=31"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}