fed ex corp. strategy
DESCRIPTION
The Brand of Fed Ex. How they have positioned themselves to stand out among the rest. Marie FlaniganTRANSCRIPT
Introduction
Business SegmentsFedEx ExpressFedEx GroundFedEx FreightFedEx Services
Corporate Strategy“Compete Collectively, Manage Collaboratively”
Brand Planning Assessment
The FedEx Position
Who is the target market?“anyone who needs to send something anywhere in the world. Whether it’s the one and only package you'll ever ship in your life or you have 1000 packages to ship every day.”
Brand Planning AssessmentThe FedEx Position
Who are the main competitors?UPS
Brand Planning Assessment
The FedEx Position
What are the points of parity?-Both companies ship packages-Both online services allow you to track packages, -order supplies and pay bills.
What are the points of difference?-FedEx has 3 times as many planes-Print and ship from anywhere services-FedEx has been known to update technology more frequently than UPS
Brand Planning Assessment
The FedEx Position
•Fast
•Forward Moving
•Precise
Brand Planning Assessment
Key Marketing Activities
•Alliances with NFL, NBA, FedEx cup, FedEx racing, the FedEx orange bowl, and the FedEx field
•Senior Vice President of International Marketing, Rajesh Subramaniam, said, “FedEx sponsors and associates with several sports that share its attributes of speed, reliability, precision, teamwork and flawless execution.”
Brand Valuation Assessment Building Equity
Favorability & Awareness Through Six Elements
•MEMORABLE•MEANINGFUL• LIKEABLE• TRANSFERABLE• ADAPTABLE• PROTECTABLE
Brand Valuation Assessment
Assessing Brand Value
Financial Based Valuation•Can the Brand Generate future cash flows?• 10K FILING – Goodwill and intangible assets - 3.1B
Brand Value Chain
Brand Valuation Assessment
Quantitative ResearchTracking StudiesRecall & Recognition StudiesBrand Response StudiesBrand Relationship Studies
Qualitative StudiesAssociation StudiesComparison StudiesExperiential Research
Brand Growth AnalysisFedEx – One of the Worlds most respected brands
1994 – Rebranding of Federal Express• Formalize the unofficial abbreviation• International Comp. & distinguish
Express Services
1997 – 2000•FedEx acquired a number of companies• Transportation, Freighting, Customs
information, ect. • Created a“branded house” under the FedEx name
Objective: To be credibly perceived as a diversified transportation services provider with global reach.
Brand Growth Analysis
FedEx – A Branded HouseSolution:•FedEx developed a brand architecture and naming system that extended the FedEx brand without compromising its integrity.
•The system uses a different color and descriptor to distinguish each operating company.
•By retaining the well-known wordmark’s letterforms and white space, each operation benefits from identification as part of FedEx.
• Showcases the broad diversity of the product offering while building the core brand.
Brand Growth AnalysisNew Brand Architecture• Made public with a large surge of
advertising • commercials • visible changed appearance of the
FedEx delivery trucks.
FedEx Brand• Easily recognizable and has become a
strong icon in business and everyday living
Brand Growth AnalysisFedEx acquires Kinko’s – 2004•The two brands merged to create “FedEx Kinkos” • leveraging the historical strength of both
companies together
Kinko’s brand = well known resource for everyday small to medium size businesses. FedEx Brand = global, full-service, leadership, customer service, efficiency, reliability and innovation.
FedEx Office •Kinko’s name lost some of its Brand Equity
• Became too generic•FedEx Office’s name better describes the range of services• takes full advantage of the FedEx brand
Brand Growth Analysis2008 – Global Growth•“Behind the Scenes” - Global Advertising Campaign
•“Access, Success, and Growth” - key marketing message behind the ads.
•Brazil, Canada, China, France, Germany, Hong Kong, India, Italy, Japan, and many more.
•Objective is to show how FedEx helps customers realize potential opportunities both in their local communities and around the globe.
•FedEx has successfully established itself as a household name in various markets throughout the world.
Brand Recommendations
Social Marketing Campaigns
Brand Recommendations
Business Twitter CampaignRegister with Twitter to get discounts on services offered at FedEx Office deliver tips for small business owners • Tax tips• SBA Classes or Seminars• Networking Opportunities
Personal Twitter Campaign• Register to win tickets to FedEx sponsored sporting events• Reminders about FedEx Sponsored sporting events• Scores and Highlights of FedEx Sponsored events
Brand Recommendations
Marketing to help reinforce the brand• Viral Video Ads that reinforce image of speed and agility
Ex. Orange Bowl Highlight with images of FedEx• Development of a FedEx Application on people’s pages
Research and Development Efforts • Corporate Page for people to join and provide feedback
and ideas for products or services to improve
Brand Recommendations
Marketing to help reinforce the brand• Banners to help market services for professionals
and small business
Research and Development Efforts• Host a group for small business owners to
share tips and needs • Review the posting to determine potential
marketing opportunities
Brand Recommendations
Alliances: Google
•Google pushes and new products•Google is a global powerhouse on the internet•Co-brand cloud computing and information exchange services
Brand Recommendations
Reinforce the Global BrandReinforce sponsorship program with internationally relevant events
Ex: India’s ICL League
Ex. Olympic 100 meter dash
Brand Recommendations
Reinforce the US BrandFurther develop correlations that reinforce the speed and agility theme
• TV shows that reinforce importance of timely and speedy delivery• EX: “24”
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