Carpenter's basic argument is: "In an environment characterized by extreme choice, perplexed customers will turn to the familiar. They will establish relationships with specific Internet brands and do business with them repeatedly." The book is thoroughly researched. In fact, it's amazing Carpenter got his subjects to share so openly and honestly, not only their learning but also the details of their mistakes. For instance, he writes of online CD retailer CDNow's customer acquisition program, "CDNow is already paying an average of $45 per person for each new customer.... this puts even more pressure on CDNOW to wring greater value from online shoppers".
Carpenter makes much of the point that a brand is far more than a logo or marquee and includes everything the company does, from publicity to answering the phone to order fulfillment. While it's an argument that will be old hat to anybody with a marketing background, it's a point well made for those coming from a more technical or general business environment--as many net entrepreneurs tend to do. This is an excellent marketing primer for anyone who needs to know how to make e-business work. --Alex Benady, Amazon.co.uk
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Most Helpful Customer Reviews
17 of 19 people found the following review helpful:
5.0 out of 5 stars
Helpful eMarketing insights,
This review is from: Ebrands: Building an Internet Business at Breakneck Speed (Hardcover)
Just finished reading Carpenter's book and really enjoyed it. I work for an offline company that is attempting to build brand awareness on the Web, and as a result, I was particularly interested in his chapter on Barnesandnoble.com. I've read story after story about Amazon.com. But this is one of the first detailed accounts I've ever found of how Barnesandnoble.com has worked to build an Internet brand that would complement its brick-and-mortar brand. Most writers take a pretty superficial view of Barnesandnoble.com -- they take the easy way out and write the "david and goliath" story. This book reveals the company's mistakes, alright, but it also highlights the smart choices that Barnesandnoble.com has made.
13 of 14 people found the following review helpful:
5.0 out of 5 stars
An Invaluable Single-Volume Resource,
By
This review is from: Ebrands: Building an Internet Business at Breakneck Speed (Hardcover)
As Carpenter explains, his book "is based on an analysis of the brand-building efforts of six companies. Four of them, which represent the core of the book, are established Internet ventures that rose to the challenge of developing brands distinctly for this new medium." The six are: iVillage, CDNOW, Barnesandnoble.com, Yahoo!, Fogdog Sports, and Onsale. Carpenter does a brilliant job of explaining what each did right...and what each did wrong. In process, he rigorously examines a number of best practices common to all:Focus on Building Brand Awareness Cultivate Customer Commitment Forge Strong Distribution and Content Alliances Move Early, Move Fast Develop an Intimate Knowledge of the Market and the Customer Cultivate a Reputation for Excellence Deliver Outstanding Value Carpenter devotes a separate chapter to each of the six companies. In the Conclusion, he suggests that "the development of an Internet brand is a holistic process. Building awareness -- the activity that many equate with `branding' -- is just one aspect of brand development. Crafting a powerful online brand requires paying just as much attention to developing other facets of brand as well, such as customer loyalty and influential distribution partnerships. There is no silver bullet solution for the development of a substantial Internet brand. Instead, dominant ebrands emerge when companies invest in a rich mixture of marketing and business practices." If there is a better book on this subject, I have not as yet read it.
6 of 6 people found the following review helpful:
4.0 out of 5 stars
A thorough look at brand development,
This review is from: Ebrands: Building an Internet Business at Breakneck Speed (Hardcover)
Liked the "eBrands" perspective on brand development. Forging a brand on the Web is much more than building a flashy site or picking a sharp name. The brand ties back to almost everything you do -- how you treat your customers, the offers you extend them, etc.Found this book to have good parallels with "Customers.com," which I also enjoyed. Much more useful than the new "11 immutable laws of branding" -- at least for someone in Internet land. The Internet is changing too fast for anything to be immutable, in my opinion.
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