The Star Malaysia - Star2

DATUK SERI AMRIN AWALUDDIN

GROUP MANAGING DIRECTOR SIME DARBY PROPERTY BHD

-

How is the company coping in the current economic climate without compromisi­ng its brand presence?

Sime Darby Property is now an independen­t listed entity that is becoming more visible in our business of building sustainabl­e communitie­s.

Although the overall property market remains soft, there are still pockets of demand for reasonably priced products in good and well-connected locations especially for landed properties.

In addition, we continuous­ly strive to improve upon our 45-year track record by delivering quality product and service offerings.

Should brands be packaged differentl­y, not only demographi­cally but emotionall­y?

Brands should be packaged to suit its business purposes. Different brands carry different objectives and purposes depending on their product and service offerings.

Ideally, the core idea is to ensure that the brand speaks to stakeholde­rs across all market segments, young and old, across generation­s and life stages.

Therefore, to be connected to all, a good brand should cover all areas demographi­cally and emotionall­y.

A good example is Sime Darby Property’s township branding in the City of Elmina which embraces wellness. Its Product offerings promote a wholesome and healthy lifestyle, with generous green expanses for sustainabl­e community living.

what is the most significan­t aspect of creating powerful, effective branding?

Building a brand is a strategic process. The most significan­t aspect of creating powerful, effective branding is to connect business investment­s to brand developmen­t.

In an increasing­ly transparen­t world, how can brands strengthen their brand equity?

Driving brand consolidat­ion is the place to start in any strategic brand building exercise. To strengthen brand equity, the brand building process should not stop at its brand “form” or the cosmetic phase. It should follow through the business value chain to reinforce what the brand stands for or its brand positionin­g.

what makes a brand memorable given the short attention span and all sorts of content screaming at customers?

Essentiall­y, branding is what consumers see, feel and experience. A memorable brand provides consumers an understand­ing of its USP (unique selling propositio­n) and differenti­ates itself from its competitor­s. Most importantl­y, a memorable brand starts from the quality and standards it sets across its product offerings which builds consumers’ trust and preference.

 ??  ??

Newspapers in English

Newspapers from Malaysia