Developing Corporate Brand Identity

Abstract

Abstract Corporate Brand Identity is concerned with an internal process in a firm to develop and communicate its brand as a basic strategic perspective toward business markets. In business-to-business (B2B) markets, the market consists of specific firms and organizations as key counterparts. Brand identity thus needs to focus on creating value for potential others through understanding its own brand identity, i.e. what the firm stands for. Branding activities should be managed together with employees and matched with the central values of the brand. The brand identity is communicated toward key business partners who, in turn, perceive the brand and the value the firm promises to deliver in practice. Corporate identity and image are thus closely related issues. An important part of the corporate brand deals with relationships between actors on the market. This chapter presents two prominent corporate brand identity models and uses them jointly in order to analyze a practical case dealing with property management business in Finland. The chapter ends by offering suggestions for managing corporate brand identity processes in practice.