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INSTITUTE OF SOCIAL SCIENCES
Marketing Management
HISTORY




                                                       In 1970s
                                                  The Administrative
                                                   Services Division
                            In the 1950s         broadened the scope
                                                     of its business
                          Arthur Andersen         beyond “the design
                            began offering       and implementation
       In 1913          consulting services to       of systems” to
                        companies wishing to     include “the conduct
       Age of 28.            implement
     Northwestern                                of studies to produce
                        information systems,        the information
 University economics     and renamed the
    professor Arthur                                   needed by
                               unit the             management to
   Andersen founded        Administrative
  the accounting firm                             direct the activities
                          Services Division       of its organization.”
  Arthur Andersen &
          Co.
ROADMAP

                                                      01. January. 2001



    1989
Independ
  entBU
   form                                   Spending $7 billion
  Arthur
Anderson

               In 2000
              Andersen      License to expire
           Consulting was   Dec 31, 2000
             granted its
           independence
Image Initiative
 Respond to image crisis, MICD decided to embark on an
  «image initiative» in 1987…

         Generate awareness
         To differentiate itself in the IT services
         To distance itself from its accountancy heritage
          image
         Selection of a new name for MICD




             Providing separation from Arthur Andersen
             Benefiting from its brand equity
             Clear positioning in the market space with the
              «consulting»
Marketing in Consulting
  Set a new standard for marketing a professional services
   company
  Marketing in a strategic sense and had the courage to
   create the brand and invest in it.
    Breakthrough –

         • TV ads - New Year’s campaign - stressed
           Andersen Consulting’s technology expertise.

         • Spent approximately $5 million in advertising
           during its first year.

         • Team of media specialists within Andersen
           Consulting partnered with Burson-Marsteller, a
           leading public relations firm to influence
           industry analysts.
Marketing in Consulting
              Known as System Integration Consultancy,
            based on research made in 1988 (5 years).
     Since partners demanding proof that the results of the
     advertising warranted the expenditures.

     Andersen Consulting conducted extensive market
     research, focusing ;
                                        37%
     1-) Marketplace awareness
     2-) Client Satisfaction
     3-) Buyers values
     4-) Advertising copy testing
                6%
     5-) Media monitoring
                1                        2


    Metric Driven Performance
  Annual tracking studies and regular measures of the
   senior executive target audience’s perceptions of the
   brand.
  Advertising investment was drawn directly from the
   partners’ potential profits.
Developing Global Advertising
   Reasoning : Between 1980s – 1990s the consulting business
   growth from $3 billion to $30 billion
From 6 to 75
from 32 to       50 percent percent
79 percent                      increased
                                in 3 years
            -Managemet and technology
-Creative and innovative in
            consulting
developing -Operational strategy consulting
            applications
-Visionary -System integration
-Leader     -Business reenginerring
Arthur Andersen – Conflict period
      Exploring Marketplace Confusion
             Arthur Andersen marketing initiatives
             Brand Confusion
      Arthur Andersen Business Consulting
             Two firms becoming competitors
             Arthur Andersen benefitting from brand
             image
             Loss of brand equity
      Increasing success of Andersen Consulting
             $11 billion by 2001 – financial success
             Personality of the ads still relied on a clever
             tone and manner
             A to C rebranding
      Final Split
             Mid-December 1997, Andersen Consulting
             sought to split from Arthur Andersen
Andersen Consulting versus Arthur
                  Andersen

                      Business       Strategy     System        Organizational
                      Re-engineering Consulting   Integration   Change
Andersen Consulting        %24           %18          %19            %10
Arthur Andersen            %27           %17          %18            %12




                      Business       Strategy     System        Organizational
                      Re-engineering Consulting   Integration   Change
Andersen Consulting        %35            %32         %29            %23
Arthur Andersen            %31            %22         %25            %18
Repositioning ANDERSEN CONSULTING
 • Brand Equity Measurement Initiative, Andersen Consulting
 November, 1999

                                    Consideratio
                Image   Awareness                  Preference   Average
                                         n
Andersen         6.5       10           9.1           5.8         7.9
Consulting
McKinsey         7.2       8.4          9.2           6.4         7.8
IBM              5.3       4.9          3.6           1.2         3.8
Earnst& Young    3.8       3.2          5.3           1.9         3.6
EDS              1.9       0            1.6            0          0.7

 Points of
  Points of
                Insight and Vision
«To help our clients create their
 Difference
   Parity
                Technology capabilities

future»
Rebranding and Repositioning process
       August 7, 2000, the arbitration ruling -released Andersen
        Consulting from any further obligation to Arthur Andersen or
        Andersen Worldwide -- financial, professional…
       The license to use the Andersen Consulting name was to
        expire Dec 31,2000
       Never in history had such a large scale rebranding occurred in
        such a short period.
       Within 147 days, the company had to unveil a name that was
        trademark in 47 countries, over 200 languages.
                        Rebranding Launch Timeline
      August 7-11     Aug 11- Oct         Sept – Oct          Nov- Dec       Jan 1 2001
                         BRAND                              EXECUTE NAME
        PLANNING                           RESEARCH                         BRAND LAUNCH
                       DEVLOPMENT                              CHANGE

      Arbitration   Name Devp.        Market Testing        Logo           Advertising
      Decision      Visual Identity                                        DirectMktg.
                                      Native Speaker        Dialogue       Accenture.com
      Strategy      Brand Line &      Review                Mag.           Media / Analyst
      Devp.         Description                                            Relations
                                      Linguistic Analysis   Prelude Ads    Int / Ext Events
      Creative Brief Launch Plan                                           Outlook Mag.
                     Devp.            Final                 Media          Signage
                                      Recommendation        /Analist
Renamed. Redefined. Reborn. 01.01.01
     $75 million marketing & comm budget and additional $100
     million
     Brandstorming: thousands of name candidates were generated
     Native Speaker review & linguistic: 47 countries and against 200
     languages
     URLs :51 names found to be available globally




     Kim Petersen submission selected: Accenture, it rhymes with
     «adventure» and «an accent on the future»
     -   Logo written in lower case
     -   With greater-than (>) symbol which means pointing forward to the
         future
     -   «T» serving to accent the world
     -   Lower case      «a» to demonstrate that Accenture is approachable
Launch Efforts
INTERNAL LAUNCH
• New brand and New positioning conveyed to employees : 178 offices, 47
   countries, 70.000 employees, 7 million business card.

EXTERNAL LAUNCH
• Television spots , New Year’s Eve celebration, Accenture branded
   airship, sponsorships of other major global sporting events
• High profile advertising program, over 43,000 clients received a launch
   mailing which included creative packaging to announce the new name
   and positioning.

 External Launch Efforts: Phase Two
   Advertisements were innovative and striking
   Super Bowl Ad
   Golf tournaments sponsorship
 RESULTS AND RESEARCH
   • Accenture IPO and Financial Results - Accenture stock was up
       almost 80 percent
   • Need to Update the Positioning – Partnership strategy
   • Refining Positioning –
Ad campaign changes and the way
            forward
     • Bringing “Innovation Delivered” to Life -> I am your Idea
     • Global Growth –
             110 offices in 48 countries
             $13.6 billion in 2004
             Top clients
             Growing market $160 billion in 2008
     • Competition Intensifies
             IBM acquires PWC
             HP – IT consulting
             Bearing Point and Deloitte – Indian companies – TCS
             , WIPRO ,INFOSYS
     • Govt Contracts –
             US govt contracts awarded
     • Ad campaign changes again to – “High Performance.
       Delivered”
Questions

Q1. How would you characterize Andersen
Consulting’s brand equity in the late-
1990s? What factors and decisions
contributed to the building of this equity?
PRODUCT
                    Management Consulting Services
                  Points of Difference
                       1. Unique position compared to competitors in that the company
                       offered valued strategic business services and well regarded IT solutions
                       2. “Because clients viewed IBM as a technology consultant and not a
                       business strategist, Andersen Consulting’s reputation for insight and
                       vision constituted a point of difference”
                       3. Not afraid to advertise to promote its name, image, and position
                            “Most professional services chose not to advertise, feeling it was
                            inappropriate or unprofessional”
                            First to advertise in airports
                       4. Personified as “creative, driven, far-sighted and innovative”
                  Points of Parity
                       1. Offshoot of an accounting unit
                       2. Proficient in information systems/ technology, “ established points of
PRICE                  parity with technology and strategy firms”
 By 1998, Andersen Consulting was the market leader in four major categories in
   consumer rankings of consulting firms (management and technology, operational
   strategy, systems integration, business reengineering)
 From 1993 to 1998, billings increased by 20% annually
PLACE
 Advertising in print, television and airports
 Corporate Sponsorships
PROMOTION
                 Awareness
                        o Between 1990 and 1993, total global awareness was 79%
                        o Advertising: in 1998 had print and airport poster advertising in 30
                        countries
                        o Hired PR firm to influence industry analysts, publications and press
                 Interest
                        o Public Relations : Corporate sponsorships such as Williams Formula
                        One racing team sponsor, title sponsor of Andersen Consulting World
Desire                  Championship of Golf and 1998 Van Gogh exhibit in Washington DC
     o One of the first firms to come to the consumer’s mind when thinking of business
     management consulting firms
     o High “share of mind score”, a measure of brand recognition
                     -Study by Harris Research: Andersen Consulting ranked first in the following
categories: share of                                 mind, value for money, uniqueness, and
momentum
                     -Industry analyst IDC found in 1997 that IBM and Andersen Consulting had
the greatest familiarity                             among technology buyers
Action
     o 1990s were successful, 68% of consumers considered Andersen Consulting as a
        “leader” : Billings reached $8.2 billion in 1998
DISTRIBUTION
Offices/Locations: United States, headquartered in Chicago
By 2004, 110 offices, in 48 countries, 115,000 employees, 2,200 partners
Questions

Q2. Compare the characteristics of
Accenture’s brand equity to those of
Andersen Consulting. Do you think the
rebranding and repositioning of the
company successfully transferred the
equity from the old name to the new one?
Andersen Consulting Brand Elements               Accenture Brand Elements
                  Slogan:                                  Slogan:      Logo:
                  “Bridging     Log                        “High        greater
              Nam
                  Boundaries to o:                         Performa     than
              e                                       Name
                  Create the    Ac                         nce          symbol of
                  Future”                                  Delivered.   the t of
Memorabl       5        4        5                         ”            Accenture
e
                                      Memorable         5       4           5
Meaningful     5        4        5
                                      Meaningful        5       4           5
Likeable       5        4        5    Likeable          5       4           5
Transferabl    5        4        5    Transferable      5       4           5
e
                                      Adaptable         5       4           5
Adaptable      5        4        5
                                      Protectable       5       4           5
Protectable    5        4        5
Effectiveness:

1. The first rebranding of Andersen Consulting in 1999 prepared the
   company for the move to Accenture. Accenture was able to build off
   of Andersen Consulting’s brand image and associations and
   ultimately came out the better for it: Ac rebranding was “a
   rehearsal of a global brand change”
2. “Accenture” provided continuity from the name of Andersen
   Consulting
            o AC, first two letters of Accenture
            o “connoted accent on the future” , similar to previous
               “create the future” mission of Andersen Consulting
            o Consultant created name, helped to reach employee
               acceptance

3. “Accenture” also provided an understandable image of the
company’s new direction and position, with a unique word that could
pass the global trademark tests
a. Accenture came out of the rebranding process at a greater awareness
than it was as Andersen Consulting, mostly in part to two-phase marketing
strategy a. Used creative advertising,         promotion and public relations to create
brand recognition, brand association and brand recall
                   -In 2001, “awareness for Accenture was above or at previous levels
for Andersen                         Consulting in most countries”
          b. Independence from Arthur Andersen finally removes any confusion
between the two entities Perfect timing, due to Enron-Arthur Andersen scandal
          c. Accenture positioned itself carefully among the target market and
considered global changes            in the marketplace
                   - Accenture took advantage of these changes and offered to assist
clients to do the           same and turn them into opportunities with “Now it gets
interesting” advertising                       campaign

5. Accenture did maintain equity globally and therefore the rebranding was worth its
$175 million price tag
          a.Accenture has maintained its position in the consideration set and
actually increased equity
                  -“The advertising effect on purchase consideration on Accenture’s
services increase          350% following the campaign”
Questions

Q3. How much of a competitive threat is
IBM ? How should Accenture best compete
with them.
Competing with IBM
• Accenture is a management and technology consulting firm
• Consulting, technology, outsourcing and alliances are its core
  business
• Accenture is ahead of IBM in strategic management consulting but it
  lacks the technical expertise of IBM
• Accenture should look to improve its technical expertise and move
  ahead in managing innovation, providing clients with creative
  solutions/implementing client’s ideas
• It should also continue partnering with its client by providing not
  only consultancy but delivery and implementation
• Setting incentives that realized only if specific business targets were
  met should be expanded to all contracts to provide credibility to the
  company’s positioning of “High Performance. Delivered”
Marketing Strategy
• First in the industry
• Building image and equity through creative advertising and
  personifying the organization
• Print advertisements to complement the broadcast
  commercials, later presence on internet also
• Flighted media schedules to create the illusion of more ambitious
  advertising program
• Public relations activity, influencing industry analysts, leading
  industry publications and the tier one business press
• Metrics to gauge the effectiveness of marketing
• Target key prospects and clients where they lived & worked
• Rigorous focus groups testing and customer insights
• Sponsoring high performance sport events like F1 racing, Golf etc..
Brand Personality Dimension

                             Tiger Woods
                     Brand Personality Dimensions




                                      Competence
Sincerity down-     Excitement                        Sophistication
                                         reliable
to-earth honest   daring spirited                       upper class
                                       intelligent
  wholesome       imaginative up-                    charming good
                                       successful
    cheerful           to-date                           looking
                                          leader
• Tiger Woods and Accenture
   – Brands take personality of the celebrities who endorse them
   – Tiger Woods was golf’s leading money winner in 2003
   – The campaign used the personality dimension of competence and
     the related facets to assign the human characteristics of Tiger
     Wood’s to the Accenture Brand
   – The world's ultimate symbol of high performance, he serves as a
     metaphor for commitment to helping companies become high-
     performance businesses
• Tiger Woods is an effective spokesman for Accenture
   – 1. Accenture’s objective of hiring Tiger as a spokesperson is to
     humanly represent their High Performance Business Strategy
     sector’s strengths with a person with those same strengths

   – 2. Advertisements showed Tiger in an intense competitive situation
     and winning due to his high performance and aptitude which then
     explained how Accenture too delivers high performance even in the
     most competitive situations and possesses capabilities, expertise
     and technology to aid clients receive superior results

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Accenture

  • 1. INSTITUTE OF SOCIAL SCIENCES Marketing Management
  • 2. HISTORY In 1970s The Administrative Services Division In the 1950s broadened the scope of its business Arthur Andersen beyond “the design began offering and implementation In 1913 consulting services to of systems” to companies wishing to include “the conduct Age of 28. implement Northwestern of studies to produce information systems, the information University economics and renamed the professor Arthur needed by unit the management to Andersen founded Administrative the accounting firm direct the activities Services Division of its organization.” Arthur Andersen & Co.
  • 3. ROADMAP 01. January. 2001 1989 Independ entBU form Spending $7 billion Arthur Anderson In 2000 Andersen License to expire Consulting was Dec 31, 2000 granted its independence
  • 4. Image Initiative  Respond to image crisis, MICD decided to embark on an «image initiative» in 1987…  Generate awareness  To differentiate itself in the IT services  To distance itself from its accountancy heritage image  Selection of a new name for MICD  Providing separation from Arthur Andersen  Benefiting from its brand equity  Clear positioning in the market space with the «consulting»
  • 5. Marketing in Consulting  Set a new standard for marketing a professional services company  Marketing in a strategic sense and had the courage to create the brand and invest in it. Breakthrough – • TV ads - New Year’s campaign - stressed Andersen Consulting’s technology expertise. • Spent approximately $5 million in advertising during its first year. • Team of media specialists within Andersen Consulting partnered with Burson-Marsteller, a leading public relations firm to influence industry analysts.
  • 6. Marketing in Consulting Known as System Integration Consultancy, based on research made in 1988 (5 years). Since partners demanding proof that the results of the advertising warranted the expenditures. Andersen Consulting conducted extensive market research, focusing ; 37% 1-) Marketplace awareness 2-) Client Satisfaction 3-) Buyers values 4-) Advertising copy testing 6% 5-) Media monitoring 1 2 Metric Driven Performance  Annual tracking studies and regular measures of the senior executive target audience’s perceptions of the brand.  Advertising investment was drawn directly from the partners’ potential profits.
  • 7. Developing Global Advertising Reasoning : Between 1980s – 1990s the consulting business growth from $3 billion to $30 billion
  • 8. From 6 to 75 from 32 to 50 percent percent 79 percent increased in 3 years -Managemet and technology -Creative and innovative in consulting developing -Operational strategy consulting applications -Visionary -System integration -Leader -Business reenginerring
  • 9. Arthur Andersen – Conflict period  Exploring Marketplace Confusion Arthur Andersen marketing initiatives Brand Confusion  Arthur Andersen Business Consulting Two firms becoming competitors Arthur Andersen benefitting from brand image Loss of brand equity  Increasing success of Andersen Consulting $11 billion by 2001 – financial success Personality of the ads still relied on a clever tone and manner A to C rebranding  Final Split Mid-December 1997, Andersen Consulting sought to split from Arthur Andersen
  • 10. Andersen Consulting versus Arthur Andersen Business Strategy System Organizational Re-engineering Consulting Integration Change Andersen Consulting %24 %18 %19 %10 Arthur Andersen %27 %17 %18 %12 Business Strategy System Organizational Re-engineering Consulting Integration Change Andersen Consulting %35 %32 %29 %23 Arthur Andersen %31 %22 %25 %18
  • 11. Repositioning ANDERSEN CONSULTING • Brand Equity Measurement Initiative, Andersen Consulting November, 1999 Consideratio Image Awareness Preference Average n Andersen 6.5 10 9.1 5.8 7.9 Consulting McKinsey 7.2 8.4 9.2 6.4 7.8 IBM 5.3 4.9 3.6 1.2 3.8 Earnst& Young 3.8 3.2 5.3 1.9 3.6 EDS 1.9 0 1.6 0 0.7 Points of Points of Insight and Vision «To help our clients create their Difference Parity Technology capabilities future»
  • 12. Rebranding and Repositioning process  August 7, 2000, the arbitration ruling -released Andersen Consulting from any further obligation to Arthur Andersen or Andersen Worldwide -- financial, professional…  The license to use the Andersen Consulting name was to expire Dec 31,2000  Never in history had such a large scale rebranding occurred in such a short period.  Within 147 days, the company had to unveil a name that was trademark in 47 countries, over 200 languages. Rebranding Launch Timeline August 7-11 Aug 11- Oct Sept – Oct Nov- Dec Jan 1 2001 BRAND EXECUTE NAME PLANNING RESEARCH BRAND LAUNCH DEVLOPMENT CHANGE Arbitration Name Devp. Market Testing Logo Advertising Decision Visual Identity DirectMktg. Native Speaker Dialogue Accenture.com Strategy Brand Line & Review Mag. Media / Analyst Devp. Description Relations Linguistic Analysis Prelude Ads Int / Ext Events Creative Brief Launch Plan Outlook Mag. Devp. Final Media Signage Recommendation /Analist
  • 13. Renamed. Redefined. Reborn. 01.01.01 $75 million marketing & comm budget and additional $100 million Brandstorming: thousands of name candidates were generated Native Speaker review & linguistic: 47 countries and against 200 languages URLs :51 names found to be available globally Kim Petersen submission selected: Accenture, it rhymes with «adventure» and «an accent on the future» - Logo written in lower case - With greater-than (>) symbol which means pointing forward to the future - «T» serving to accent the world - Lower case «a» to demonstrate that Accenture is approachable
  • 14. Launch Efforts INTERNAL LAUNCH • New brand and New positioning conveyed to employees : 178 offices, 47 countries, 70.000 employees, 7 million business card. EXTERNAL LAUNCH • Television spots , New Year’s Eve celebration, Accenture branded airship, sponsorships of other major global sporting events • High profile advertising program, over 43,000 clients received a launch mailing which included creative packaging to announce the new name and positioning.  External Launch Efforts: Phase Two Advertisements were innovative and striking Super Bowl Ad Golf tournaments sponsorship  RESULTS AND RESEARCH • Accenture IPO and Financial Results - Accenture stock was up almost 80 percent • Need to Update the Positioning – Partnership strategy • Refining Positioning –
  • 15. Ad campaign changes and the way forward • Bringing “Innovation Delivered” to Life -> I am your Idea • Global Growth – 110 offices in 48 countries $13.6 billion in 2004 Top clients Growing market $160 billion in 2008 • Competition Intensifies IBM acquires PWC HP – IT consulting Bearing Point and Deloitte – Indian companies – TCS , WIPRO ,INFOSYS • Govt Contracts – US govt contracts awarded • Ad campaign changes again to – “High Performance. Delivered”
  • 16.
  • 17. Questions Q1. How would you characterize Andersen Consulting’s brand equity in the late- 1990s? What factors and decisions contributed to the building of this equity?
  • 18. PRODUCT Management Consulting Services Points of Difference 1. Unique position compared to competitors in that the company offered valued strategic business services and well regarded IT solutions 2. “Because clients viewed IBM as a technology consultant and not a business strategist, Andersen Consulting’s reputation for insight and vision constituted a point of difference” 3. Not afraid to advertise to promote its name, image, and position “Most professional services chose not to advertise, feeling it was inappropriate or unprofessional” First to advertise in airports 4. Personified as “creative, driven, far-sighted and innovative” Points of Parity 1. Offshoot of an accounting unit 2. Proficient in information systems/ technology, “ established points of PRICE parity with technology and strategy firms”  By 1998, Andersen Consulting was the market leader in four major categories in consumer rankings of consulting firms (management and technology, operational strategy, systems integration, business reengineering)  From 1993 to 1998, billings increased by 20% annually PLACE  Advertising in print, television and airports  Corporate Sponsorships
  • 19. PROMOTION Awareness o Between 1990 and 1993, total global awareness was 79% o Advertising: in 1998 had print and airport poster advertising in 30 countries o Hired PR firm to influence industry analysts, publications and press Interest o Public Relations : Corporate sponsorships such as Williams Formula One racing team sponsor, title sponsor of Andersen Consulting World Desire Championship of Golf and 1998 Van Gogh exhibit in Washington DC o One of the first firms to come to the consumer’s mind when thinking of business management consulting firms o High “share of mind score”, a measure of brand recognition -Study by Harris Research: Andersen Consulting ranked first in the following categories: share of mind, value for money, uniqueness, and momentum -Industry analyst IDC found in 1997 that IBM and Andersen Consulting had the greatest familiarity among technology buyers Action o 1990s were successful, 68% of consumers considered Andersen Consulting as a “leader” : Billings reached $8.2 billion in 1998 DISTRIBUTION Offices/Locations: United States, headquartered in Chicago By 2004, 110 offices, in 48 countries, 115,000 employees, 2,200 partners
  • 20. Questions Q2. Compare the characteristics of Accenture’s brand equity to those of Andersen Consulting. Do you think the rebranding and repositioning of the company successfully transferred the equity from the old name to the new one?
  • 21. Andersen Consulting Brand Elements Accenture Brand Elements Slogan: Slogan: Logo: “Bridging Log “High greater Nam Boundaries to o: Performa than e Name Create the Ac nce symbol of Future” Delivered. the t of Memorabl 5 4 5 ” Accenture e Memorable 5 4 5 Meaningful 5 4 5 Meaningful 5 4 5 Likeable 5 4 5 Likeable 5 4 5 Transferabl 5 4 5 Transferable 5 4 5 e Adaptable 5 4 5 Adaptable 5 4 5 Protectable 5 4 5 Protectable 5 4 5
  • 22. Effectiveness: 1. The first rebranding of Andersen Consulting in 1999 prepared the company for the move to Accenture. Accenture was able to build off of Andersen Consulting’s brand image and associations and ultimately came out the better for it: Ac rebranding was “a rehearsal of a global brand change” 2. “Accenture” provided continuity from the name of Andersen Consulting o AC, first two letters of Accenture o “connoted accent on the future” , similar to previous “create the future” mission of Andersen Consulting o Consultant created name, helped to reach employee acceptance 3. “Accenture” also provided an understandable image of the company’s new direction and position, with a unique word that could pass the global trademark tests
  • 23. a. Accenture came out of the rebranding process at a greater awareness than it was as Andersen Consulting, mostly in part to two-phase marketing strategy a. Used creative advertising, promotion and public relations to create brand recognition, brand association and brand recall -In 2001, “awareness for Accenture was above or at previous levels for Andersen Consulting in most countries” b. Independence from Arthur Andersen finally removes any confusion between the two entities Perfect timing, due to Enron-Arthur Andersen scandal c. Accenture positioned itself carefully among the target market and considered global changes in the marketplace - Accenture took advantage of these changes and offered to assist clients to do the same and turn them into opportunities with “Now it gets interesting” advertising campaign 5. Accenture did maintain equity globally and therefore the rebranding was worth its $175 million price tag a.Accenture has maintained its position in the consideration set and actually increased equity -“The advertising effect on purchase consideration on Accenture’s services increase 350% following the campaign”
  • 24. Questions Q3. How much of a competitive threat is IBM ? How should Accenture best compete with them.
  • 25. Competing with IBM • Accenture is a management and technology consulting firm • Consulting, technology, outsourcing and alliances are its core business • Accenture is ahead of IBM in strategic management consulting but it lacks the technical expertise of IBM • Accenture should look to improve its technical expertise and move ahead in managing innovation, providing clients with creative solutions/implementing client’s ideas • It should also continue partnering with its client by providing not only consultancy but delivery and implementation • Setting incentives that realized only if specific business targets were met should be expanded to all contracts to provide credibility to the company’s positioning of “High Performance. Delivered”
  • 26. Marketing Strategy • First in the industry • Building image and equity through creative advertising and personifying the organization • Print advertisements to complement the broadcast commercials, later presence on internet also • Flighted media schedules to create the illusion of more ambitious advertising program • Public relations activity, influencing industry analysts, leading industry publications and the tier one business press • Metrics to gauge the effectiveness of marketing • Target key prospects and clients where they lived & worked • Rigorous focus groups testing and customer insights • Sponsoring high performance sport events like F1 racing, Golf etc..
  • 27. Brand Personality Dimension Tiger Woods Brand Personality Dimensions Competence Sincerity down- Excitement Sophistication reliable to-earth honest daring spirited upper class intelligent wholesome imaginative up- charming good successful cheerful to-date looking leader
  • 28. • Tiger Woods and Accenture – Brands take personality of the celebrities who endorse them – Tiger Woods was golf’s leading money winner in 2003 – The campaign used the personality dimension of competence and the related facets to assign the human characteristics of Tiger Wood’s to the Accenture Brand – The world's ultimate symbol of high performance, he serves as a metaphor for commitment to helping companies become high- performance businesses • Tiger Woods is an effective spokesman for Accenture – 1. Accenture’s objective of hiring Tiger as a spokesperson is to humanly represent their High Performance Business Strategy sector’s strengths with a person with those same strengths – 2. Advertisements showed Tiger in an intense competitive situation and winning due to his high performance and aptitude which then explained how Accenture too delivers high performance even in the most competitive situations and possesses capabilities, expertise and technology to aid clients receive superior results

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