I recently attended a conference by the PR Academy on “Markets and Brands – Positioning for the 21st Century”, and was pretty inspired by some of the speakers. One of them was Ho Kwon Ping, Chairman of Banyan Tree Holdings and creator of one of the world’s most highly respected and heavily awarded resort brand.
In his keynote speech “Branding, Marketing and Credibility in a Connected World”, Kwon Ping dispelled the marketing myth that “branding is everything and everything is a brand”. His chief contention is that people are paying far more attention to hype than reality. Advertising after all is largely self praise and this leads consumers to treat them with suspicion.