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Profit Brand by Nick Wreden - Book Review

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Submitted By mbabarsaeed92
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Book Review | Profit Brand | M Babar Saeed (12968) |

Q.1 Are you proud of this assignment?
Yes, I’m proud of it because it was nerve wrecking to review a 270 page book, yet I still managed to do it on time. Also the book has helped me in gain insight on how to increase profitability and sustainability of brands.
Q.2
Nick Wreden is Managing Director of FusionBrand, a consulting firm that specializes in customer loyalty and metrics-based branding. He has over 20 years’ experience of branding products for Fortune 500 and other companies, including IBM, Cisco and Hitachi. He has written one more book named “FusionBranding: How to Forge Your Brand for the Future”. Nick wreden has given more than 200 seminars on different aspects of branding
Q.3
The concepts presented in the book havedefinitely originated from the authors mind and give a great perspective to brand managers on how theyshould focus on retention branding rather than acquisition branding to have greater profitability and sustainability of brands.
The author has been inspired by his beloved sister, Jeanne, who is also willing to write a book that challenges conventional stasis. Marcus Osborne and Pauline Goodwin were also his inspirations[xiii]
Q.4
Yes, it shows why it is important for brands to have profitability more than market share because what good is a greater market share if it doesn’t generate good profitability and it really changes the perception on why brand managers should work on retention branding rather than acquisition branding.[26] The book tells how the sustainability of a brand derives from the ability to leverage customerknowledge to do business on customer terms[194]

‘I know what branding is all about and how important it is. But I am frustratedbecause my CEO and CFO do not understand branding. What book can Irecommend that will explain branding to them?’If you face a

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