Those Who Cannot Keep Up The Rapid Pace Are Forced To Take The Sidelines And Watch The Rest Of Aggressive Competitors Pit Against Each Other. Companies Are Always Faced With A Number Of Challenges On How To Outdo Their Top Adversaries In The Industry And How To Convince And Maintain Consumer Patronage. This Is Certainly Not An Easy Task. It Takes Years To Build A Strong Reputation But Just A Single Mistake To Topple Off Even The Most Powerful Conglomerate Like A House Of Cards. Marketing And Advertising Are Said To Be The Lifeblood Of Any Business. Even If A Company Offer Impeccable Services Or Presents A Highly Innovative Product, It Would Still Need An Extra Boost In Order To Generate Interest And Attention. And Like Everything Else, Marketing Practices Change Through Time To Better Adapt To The Vacillating Preferences Of Consumers.Among The New Corporate Branding Paradigms Introduces The Concept Of Ingredient Branding. The Said Theory Suggests That Since Most Products Contain Certain Key Parts Or Ingredients That Are Mainly Made By Other Manufacturers, The Parts Or Ingredients Are Utilized In Marketing Promotions. Individual Ingredients Have Its Own Separate Value In The Minds Of Consumers, And By Incorporating It In The Final Products; The End Result Would Be A More Appealing Purchase For Most Consumers. One Of Most Viable Example For This Corporate Branding Paradigm Is The Massive Marketing And Advertising Ploy Used By A Computer Manufacturer Intel. If You Purchase A Computer With An Intel Inside Sticker, You Would Not Mind Paying More Since You Are Sure To Be Getting A Quality Product. This Is Why Most PC Manufacturers Have Shifted To Co-branding Their Products With The Intel Brand Since Consumers Have Perceived This With Performance Benefit Unrivaled In The Computer Industry. This Corporate Branding Paradigm Is Further Stimulated Through Powerful Advertising Campaigns, Thus Profiting Both Intel And The Computer Manufacturer As Well. Intel Has Certainly Maximized This Opportunity And Offered Lucrative Volume Discounts To All Large-scale Manufacturers. Now, Just Imagine Using The Similar Corporate Branding Paradigm In Your Market. It Certainly Presents A Very Appealing Picture Fraught With Boundless Possibilities. But Like Everything Else In Business, Careful Planning, A Good Strategy, And Right Timing Are Still The Name Of The Game. So Before Actually Making Any Major Moves, Or Associating With Other Companies, It Would Be Best To Carefully Way Your Option. Your Every Decision Can Either Be Beneficial Or Detrimental To The Welfare Of Your Company.
