Why Indian Firms Must Strive for Strategic Autonomy in Their Geoeconomic Strategies
February 7, 2025
Bankruptcy is one of the natural states which a company may find itself in. Entrepreneurship is primarily about taking risks. When companies take risks, some of them succeed, whereas others fail. Hence failure is a natural part of the business. However, many critics of bankruptcy laws believe that there isn’t a need for an elaborate […]
What is the Wirecard Scandal all about and Why it is a Wakeup Call for Whistleblowers Anyone who has been following financial and business news over the last couple of years would have heard about Wirecard, the embattled German payments firm that had to file for bankruptcy after serious and humungous frauds were uncovered leading […]
How Modern Decision Makers Have to Confront Present Shock and Information Overload We live in times when Information Overload is getting the better of cognitive abilities to absorb and process the needed data and information to make informed decisions. In addition, the Digital Age has also engendered the Present Shock of Virality and Instant Gratification […]
Geopolitics, Economics, and Geoeconomics In the evolving global trading and economic system, firms and corporates are impacted as much by the economic policies of nations as they are by the geopolitical and foreign policies. In other words, any global firm wishing to do business in the international sphere has to be cognizant of both the […]
In the previous article, we have already come across some of the reasons why the government should not encourage funding of stadiums that are to be used by private franchises. We have already seen that the entire mechanism of government funding ends up being a regressive tax on the citizens of a particular city who […]
Brand Identity | Brand Image | |
1 | Brand identity develops from the source or the company. | Brand image is perceived by the receiver or the consumer. |
2 | Brand message is tied together in terms of brand identity. | Brand message is untied by the consumer in the form of brand image. |
3 | The general meaning of brand identity is “who you really are?” | The general meaning of brand image is “How market perceives you?” |
4 | It’s nature is that it is substance oriented or strategic. | It’s nature is that it is appearance oriented or tactical. |
5 | Brand identity symbolizes firms’ reality. | Brand image symbolizes perception of consumers |
6 | Brand identity represents “your desire”. | Brand image represents “others view” |
7 | It is enduring. | It is superficial. |
8 | Identity is looking ahead. | Image is looking back. |
9 | Identity is active. | Image is passive. |
10 | It signifies “where you want to be”. | It signifies “what you have got”. |
11 | It is total promise that a company makes to consumers. | It is total consumers’ perception about the brand. |
Focus on shaping your brand identity, brand image will follow.
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