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Phil Carpenter - eBrands: building an Internet business at breakneck speed

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This book contains essential strategies for building powerful eBrands. At the turn of the millennium, myriad companies have filled the Web with more than 800 million pages of content. Overwhelmed by choice and starved for time, customers are casting their clicks with brands they trust. The companies that win their wallets will be those that invest now in building premier electronic brands, or eBrands. While scores of books have promoted various Internet marketing tactics and Web site design rules, none has provided the necessary strategic context in which true eBrand builders make names for themselves. Through thoughtful analysis of the overall marketing strategies of six Web innovators - Yahoo!, CDNow, iVillage, Onsale, Barnesandnoble.com, and Fogdog Sports - veteran Silicon Valley marketing executive Phil Carpenter takes a hard look at how a core set of companies have pushed to develop powerful Internet brands. Carpenter takes readers backstage in his in-depth interviews with more than forty company executives and industry experts. Recounting the successes, failures, and fears of eBrand pioneers, the author assesses the opportunities and vulnerabilities of his case study companies compared to those of their on- and offline competitors. His analysis shows how several pure play Internet ventures have established brand awareness and credibility, how an offline leader has boldly asserted itself in this new medium, and how a start-up has battled to distinguish its brand among the many deeper-pocketed players. Carpenter argues that Internet contenders must expand their notion of branding far beyond such assets as logotypes, trademarks, and brand names to include programs for building brand awareness, forging alliances, and cultivating customer loyalty, to name a few. Through these bedrock best practices distilled from the experiences of the online elite, even a dot.com nobody can become a cyberbranded star. For anyone with a stake in ebusiness - from CEOs to entrepreneurs, from marketers to customer service and PR specialists, and from venture capitalists to financial analysts - eBrands will prove a thoughtful guide to creating truly durable brands in the electronic marketplace.

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title EBrands Building an Internet Business At Breakneck Speed author - photo 1

title:EBrands : Building an Internet Business At Breakneck Speed
author:Carpenter, Phil.
publisher:Harvard Business School Press
isbn10 | asin:0875849296
print isbn13:9780875849294
ebook isbn13:9780585162201
language:English
subjectBusiness names, Brand name products, Electronic commerce, Internet.
publication date:2000
lcc:HD69.B7C37 2000eb
ddc:658.8/4
subject:Business names, Brand name products, Electronic commerce, Internet.
Page iii
eBrands
Building an Internet Business at Breakneck Speed
Phil Carpenter
HARVARD BUSINESS SCHOOL PRESS
Boston, Massachusetts
Page iv
Some images in the original version of this book are not available for inclusion in the netLibrary eBook.
Copyright 2000 President and Fellows of Harvard College
All rights reserved
Printed in the United States of America
04 03 02 01 00 5 4 3 2 1
Library of Congress Cataloging-in-Publication Data
Carpenter, Phil, 1967
eBrands : building an Internet business at breakneck speed / Phil Carpenter.
p. cm.
Includes index.
ISBN 0-87584-929-6 (alk. paper)
1. Business names 2. Brand name products. 3. Electronic commerce.
4. Internet (Computer network) I. Title.
HD69.B7 C37 2000
658.8'4dc21 99-089360
The paper used in this publication meets the requirements of the American National Standard for Permanence of Paper for Publications and Documents in Libraries and Archives Z39.48-1992.
Page v
To Carol and Jessica
Page vii
Contents
Acknowledgments
ix
Introduction
1
Chapter 1
iVillage
15
Chapter 2
CDNOW
61
Chapter 3
Barnesandnoble.com
109
Chapter 4
Yahoo!
153
Chapter 5
Fogdog Sports
205
Chapter 6
Onsale
231
Conclusion
267
Appendix: Coordinates
269
Notes
273
Index
287
About the Author
301

Page ix
Acknowledgments
I began writing this book in the late fall of 1997. Over the last two years, I have spent numerous mornings here in my study, watching the shorebirds below as I attempt to structure my thoughts on the fluid field of Internet marketing. It is quiet work done solo.
To get to the point of putting thoughts on paper, however, I have relied on the support of many people. Their help goes to show how much the success of a project like this one depends on people beyond the author, and I'd like to take this opportunity to express my thanks.
I'll start with the marketing and executive teams at iVillage, CDNOW, Yahoo!, Barnesandnoble.com, Fogdog Sports, and Onsale. These high-tech professionals opened their "corporate kimonos" for me, enabling me to study their marketing activities in detail. Without their support, this book would not have been possible. I greatly appreciate their willingness to give me an inside look at the way their companies work.
I also drew good insights from conversations with representatives from the ad agencies and PR firms that work with the companies I've featured, as well as the research firms that follow them. Their perspectives as informed outsiders provided valuable input, and I'm thankful for the time they devoted to my background interviews.
A number of my current and former colleagues deserve special
Page x
mention. Sue Barsamian and Lisa Ramirez have been my fellow marketing provocateurs at RemarQ, and I've enjoyed hashing through challenging Web marketing issues with them. While at PointCast, I learned much about both marketing and management from Ann Shepherd, Lisa Gerould, Bob Sofman, Don Albert, Adam Smithline, Stephanie Gnibus, and Jaleh Bisharat. Their intellectual and moral support for this projectas well as their friendshiphas been important to me.
Special thanks should also go to Bill Crandall, Warren Packard, and John Foster. These three friends gave me good advice on my early drafts; I've appreciated their thoughtful counsel.
My agent, Alice Martell, my transcriber, Leslie Dawson, and my editor, Kirsten Sandberg, also offered critical assistance. Alice not only sold the book, but also provided advice on myriad issues along the way to publication. Leslie was patient enough to transcribe the more than forty interviews I taped during my research, providing me with essential raw material. And Kirsten's editorial eye and intellectual guidance were of great help.
Finally, I'd like to say how important the support of my family has been for me during the time it has taken to turn my original ideas into a completed book. My parents, writers themselves, gave me excellent editorial advice. My daughter, Jessica, offered smiles and laughter that were a great spiritual boost. And my wife, Carol, gave me her love, her industry insights, and the gift of time.
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