2. TOP 10 MOST VALUABLE
GLOBAL BRANDS
Rank Brand Name Brand Value
1 Apple Inc. $182,951M
2 IBM $115,985M
3 Google $107,857M
4 McDonald’s $95,188M
5 Microsoft $76,651M
6 The Coca-Cola Company $74,286M
7 Phillip Morris USA $73,612M
8 AT&T $68,870M
9 Verizon Wireless $49,151M
10 China Mobile $47041M
8. WHY DO BRANDS GO
BANKRUPT?
Failed to Understand Market Conditions
• Failed to innovate
• Ignored competitors
• Didn’t listen to what consumers wanted
• Expanded too quickly
9. THE PROCESS OF
BUYING DEAD BRANDS
Brand
Brand
Design
Name Logo Promise
Assets
Real Estate Marketing
Employees Inventory
Collateral
10. It went bankrupt twice…
1. Inability to adapt the trend of digitalize
photography
2. Stop manufacturing instant cameras
and films, and failed to improve
business model.
Apr. 2009,
$88 M
11. UNDER THE BRAND Pogo
NAME
Manufactured & distributed
by Summit Global Group
Parent Company:
PLR
XS Sports Video Camera
Manufactured & distributed
by C&A Marketing
2010
Wii Gaming Pad
Manufactured &
distributed by JWIN
12. GL20
Instant capture and upload GL30
photos with build-in camera Digital camera +printer+
display
GL10
Portable photobooth
13. LICENSING Pogo, 2008
Manufactured & distributed
by Summit Global Group
Parent Company:
PLR X
2010
XS Sports Video Camera
Manufactured & distributed
by C&A Marketing
THE CLASSICS STILL GO
ON…
2009
Wii Gaming Pad
Manufactured &
distributed by JWIN
14. ANOTHER EXAMPLE
1Million
Trade mark&
Website
• Huge amount of traffic
• 5 million loyal customers’ Email account
15. ANOTHER CREATIVE WAY TO
UTILIZE REVIVING BRAND
17Million
• Domain name
• Trade mark
Cheaper than
18. 1. Do you think consumer are aware of the fact that
these brands had gone bankrupt?
2. If not, do you think this business is kind of deceiving
customers? Do you this is a potential problem once
consumers are aware of the fact that these brands
went bankrupt at one point?
3. Do you agree with using a dead brand to shorten the
time and effort of generating brand awareness is a
good strategy that can be a long run for the brand?
19.
20. 4.How much would you pay for the
brand?
(Back to its peak day in2000, it was
considered to value $15 billion.)
5.How would you utilize the brand?
What kind of product category are
you going to license?
6.Jamie Salter, the CEO of
Authentic Brands, said that people
are very likely to buy paper using
Kodak brand name.
Do you think that is true? Why?
Hinweis der Redaktion
Companies failed to understand market conditions and plan for the future. Polaroid is a prime example of a company that ignored the proliferation of the digital age. Consumers were no longer dependent on the instant camera. Digital photography was the wave of the future and it put Polaroid behind. Research in Motion, failed innovate, listen to their consumers, and ignored the competition. Once they had the best smartphone on the market now they are on the brink of irrelevance. Circuit City ignored the competition Best Buy and Amazon, expanded too quickly (retail space and inventory mismanagement) and failed to listen to consumers.
When a brand files for bankruptcy, the equity can be divided and sold off in many different ways. Liquidators are brought in to sell off physical assets (inventory, real estate, furniture) in order to pay of creditors. Private Equity firms (Hilco Consumer Capital, Gordon Brothers Group) may enter to purchase the brand name, logo in order to re-organize. Once a private equity firm purchases the brand, the goal is to sell it to a Brand Portfolio group such as Iconix Brands or Safilo Brands.
· 2007, sales of around $2.8 billion.· strong e-mail list(5 million) and a very strong customer base that was very loyal
Circuit City liquidated its final American retail store in 2009, following a bankruptcy filing and subsequent failure to find a buyer.The "Circuit City" brand is now owned by Systemax, which uses the brand to sell electronics as an online retailer, CircuitCity.com. On May 11, 2009, Systemax purchased the brand, trademark and e-commerce business at an auction from Circuit City Stores, Inc. Systemax had earlier acquired CompUSA and TigerDirect which now operate as online retailers. keeping the Circuit City brand alive online makes good business sense: “CircuitCity.com was quickly relaunched last week to capitalize on the remaining brand strength and traffic to the website…That traffic is cheaper than AdWords, will pay for itself in less than a year(17M), and since they are a corporation the Google rankings and traffic will stick”
In times past, a bankrupt brand might have been abandoned. But today, bankrupt brands represent a new business opportunity for companies to acquire a well-known brand for below-market value and revive it. With the expense of launching a new brand, it may in fact be cheaper to keep a bankrupt brand going, as long as it can remain viable, fresh and current.
Best known for photographic film productshare the moment, share lifeFilm, Commercial scanners and kiosk divisions.Motion Picture Film will remain Kodak owned.