Identity & Equity

I read two quotes in a completely unrelated (to this blog) context – Ashwin Sanghi’s “Chanakya’s Chant”, a work of fiction – but was intrigued by the perspective when I saw the ‘brand-social’ domain through this ‘framework’.

The quote to start with is the one by John Wooden “Be more concerned with your character than your reputation, because your character is what you really are, while your reputation is merely what others think you are.

In the days of (only) traditional media, (if given the money) both character and reputation were relatively easier to establish and maintain because the number of publishers with significant reach were limited. Which leads to the second quote – from Winston Churchill “There is no such thing as public opinion. There is only published opinion

And then came the blogs, social networks and the statusphere, which allowed everyone to become a publisher.

The question I’d like to ask is whether this published opinion and the pressures of real time (not to mention limited characters) are making brands focus more on reputation than character. How would you define reputation and character in brand terms? Would it be brand equity and brand identity respectively? If the focus were to be more on creating a strong brand identity through the product itself, customer care, sales process and even marketing communication, among others, would reputation/brand equity be much easier to handle?

until next time, identity scarred

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