Journal of Business & Economics Research Volume 2, Number 10 Traditional Brands vs. On-Line Brands: A Comparative Assessment Elizabeth Aderton, (E-mail:
[email protected]), Missouri Western State College Shiva Nandan, (E-mail:
[email protected]), Missouri Western State College Abstract In this paper we compare and contrast the branding strategies of traditional and on-line companies. To illustrate the similarities and differences between the two, we examine four well- established traditional brands and four successful on-line brands. We then offer recommendations for successful branding in the ever-evolving business and technological environment of the future. Introduction he advantages of building strong brands have been extensively documented in marketing literature (Farquhar 1989; Aaker 1991, 1996; Rust, Zethaml and Lemon 2000; Seetharaman, Nadzir and Gunalan 2001; Deagon 2002). Successful companies have used branding as a strategic weapon to Tdominate their competition and develop a loyal customer base. Over the last decade the emergence of internet and its subsequent evolution from a distribution channel to a powerful marketing tool has created new opportunities for marketing managers. Specifically, the internet has given rise to a new breed of companies that owe their existence to this new electronic medium. Amazon, eBay, Ameritrade and TheStreet.com are examples of highly successful companies that conduct their business solely on the web. In this paper we compare and contrast the branding strategies of traditional and online companies. To illustrate the similarities and differences between the two, we examine four well-established traditional brands - Starbucks, Disney, Nike, and Mercedes-Benz. We then explore four web-based companies - Yahoo!, Drugstore.com, eBay, and easyJet.