Thursday, 4 March 2010

Logo Evolution - Interesting Information 2

" History of well known logo designs"

Shell Logo Evolution

Since first appearing in the early 1900s, the Shell logo has moved from a realistic rendering of a pecten, or scallop shell, to today’s bold shape with distinctive colors.

Both the word “Shell” and the Pecten symbol may have been suggested to Marcus Samuel and Company (original founders) by another interested party. A certain Mr Graham (of apparent Scottish origins) imported Samuel’s kerosene into India and sold it as ‘Graham’s Oil’. He became a director of The “Shell” Transport and Trading Company, and there is some evidence that the Shell emblem was taken from his family coat of arms.

It was around 1915 when the rendering allowed for easier reproduction, shown in the 1930s symbol above.

Colour first appeared with the construction of Shell’s first service stations in California. Not only did Red and yellow help Shell stand out, but they’re also the colors of Spain, where many early Californian settlers were born. Perhaps by displaying Spanish colors it was hoped an emotional bond would be created.

From the 1950s onwards, the icon became more and more simplified, improving recognition and memorability. The 1971 logo, which is still used today, was designed by the French-born Raymond Loewy, who also created logos for BP and Exxon.

IBM Logo Evolution

The company which became IBM was founded in 1896 as the Tabulating Machine Company by Herman Hollerith, in Broome County, New York (Endicott, New York, where it still maintains very limited operations). It was incorporated as Computing Tabulating Recording Corporation (CTR) on June 16, 1911, and was listed on the New York Stock Exchange in 1916.

IBM adopted its current name in 1924, when it became an international manufacturing company. The logo that was used from 1924 to 1946. The logo is in a form intended to suggest a globe, girdled by the word “International”.

The logo that was used from 1947 to 1956. The familiar “globe” was replaced with the simple letters “IBM” in a typeface called “Beton Bold.”

The logo that was used from 1956 to 1972. The letters “IBM” took on a more solid, grounded and balanced appearance.

In 1972, the horizontal stripes now replaced the solid letters to suggest “speed and dynamism.” This logo (in two versions, 8-bar and 13-bar), as well as the previous one, was designed by graphic designer Paul Rand.

Canon Logo Evolution

The origin of today’s world famous brand Canon can be traced in Precision Optical Instruments Laboratory that was established back in 1933. The first set of cameras was manufactured as a part of business trial and these early birds were named Kwanon after the Buddhist Goddess of Mercy. Now this Goddess was the possessor of thousand arms and spitted flames.

From the very beginning, the company worked with an ambition of reaching out to the outer world and as such the company wanted to adopt a name that will be acceptable globally. With this intention, the company name was changed from Kwanon to Canon and it was registered as the logoA trademark name of the company in the year 1935. (Read more: here)

Nokia Logo Evolution

In 1865, Engineer Fredrik Idestam established a wood pulp mill on the banks of the TammerKoski rapids in the town ofTampere, in southern Finland. Later in 1868, he built second mill by the Nokianvirta River, which gave the Nokia its name. In 1871, Idestam and his friend Leo Mechelin, renamed and transformed the firm into a share company, thereby founding the Nokia Company.

The first logo of Nokia was created in 1966 showing the image of a fish. This image should be inspired by the salmon fish ofNokianvirta River.

In 1898, Eduard Polón founded the Finnish Rubber Works, which later became Nokia’s rubber business. The new company tried producing many products like papers, bicycle, car tires, footwear, communication cables, electricity generation machineries, televisions, aluminum, capacitors, and lot more.

In 1967, three companies, which were jointly owned since 1922 by Nokia, officially merged and created Nokia Corporation. After the merger, Nokia Corporation adopted the logo which was all black rounded shape emblem, in which “Nokia” was written in white.

At the start of its telecommunication equipment manufacturing, Nokia adopted the logo which was quite similar to the current one, but with the light blue color and the arrow like shape pointing upward. Arrow in the logo represents the Nokia’s progress and advancement in telecommunication industry.

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Logo Evolution - Interesting Information 1

" HISTORY OF WELL KNOWN LOGO DESIGNS"

Pepsi Logo Evolution

Manufactured and marketed by PepsiCo, it was first developed and produced in the early 1890’s by Caleb Bradham, a pharmacist in New Bern, North Carolina labeled as “Brad’s drink”. In 1898, Bradham renamed his drink into “Pepsi-Cola”.

In 1898, Bradham used a scribbled logo script as the first Pepsi logo to brand the product. When his business got established and people started enjoying his drink, Bradham decided to modify the Pepsi logo into a more customized version of the previous logo script. Thus, in 1905, a modified script logo was introduced, followed by a second change in Pepsi logo in 1906 with the inclusion of the slogan, “The Original Pure Food Drink”, in it.

By 1943, the Pepsi logo adopted a “bottle cap” look that included the slogan, “Bigger Drink, Better Taste”. Later, in 1962, the Pepsi logo was replaced with two bulls-eye marks encircling “Pepsi”, and then again in 1973, into a boxed Pepsi logo with minor typeface changes.

In 1991, Pepsi commemorated the evolution of its scripted Pepsi logo by featuring a logo design with an italic capital typeface. Later at the company’s 100 years celebration in 1998, Pepsi-Cola unveiled a new logo that symbolized the brand’s innovation and global recognition.

Coca-Cola Logo Evolution

Coca-Cola was first served in 1886 and even then, the first official logo of Coca-Cola was not the script logo. It first appeared in the Atlanta Journal Constitution in 1886 as both a slab serif and chunky sans serif — it wasn’t until mid-1887 that Frank Robinson, Coca-Cola’s bookkeeper, drew the first traces of the Spencerian script logo that we all know.

For the first ten to twenty years you could probably find a dozen different executions of the Coca-Cola script as the logo was probably drawn over and over for different applications. It isn’t until the 1930s and 1940s that a clear interpretation of the logo appears and is used consistently. During the late 1950s and early 1960s the script logo is placed within a shape, referred to as the “fishtail” logo, which is as off-brand as anything that Coca-Cola has ever done.

In 1960’s the wave was introduced, a ubiquitous visual today, when Lippincott Mercer was in charge of making the Coca-Cola identity more consistent.

“New Coke” introduced in 1985 had a new formula marketing and its own set of logos — that completely ignored the script logo — that left a bad taste in their consumers’ mouths. Around the same time, in 1986, Landor began rolling out an even more developed brand identity that modified the wave among other subtle changes.

Today’s Coca-Cola logo is amazingly similar to what it was 124 years ago.

Apple Logo Evolution

The original logo was designed by Ron Wayne, who started Apple with Jobs and Woz in 1976. In 1977 White sold his portion of Apple back to Jobs and Woz when they incorporated. The image is a pen and ink illustration of Sir Issac Newton leaning against an apple tree with a portion of a William Wordsworth poem running around the border: “Newton…A mind forever voyaging through strange seas of thought…alone” (Prelude, Book III, Residence at Cambridge)

Steve Jobs decided to scrap this image because he felt that Wayne’s logo was too cerebral and not easily reproduced at small sizes. In 1977, with Wayne gone from the company, Jobs turned to the Regis McKenna Advertising Agency to produce a new, more iconic logo. After several attempts and variations (and a ton of money spent), the result was the most iconic of all Apple logos. The Rainbow Apple logo.

When Jobs returned to Apple in 1997, the company was bleeding money, and Jobs and Co. realized that the Apple logo could be leveraged to their advantage. Placing a large rainbow Apple logo on top of the original Bondi Blue iMac, for example, would have looked silly, childish, and out of place. Not exactly the direction Jobs wanted to lead Apple in. So instead of placing a somewhat minuscule rainbow colored Apple logo on its products, Apple began placing sizeable and Monochrome styled logos on its products.

Nike Logo Evolution

The Swoosh logo was designed by Carolyn Davidson in 1971 – a graphic design student that Phill Knight met while teaching an accounting class at Portland State University to supplement his then-fledgling business. He paid a grand total of $35! Phill never liked the logo but stuck onto it quoting “I don’t love it, but it’ll grow on me”. 12 years later in 1983, Davidson got an invitation to lunch by Nike where Knight surprised her with a gold Swoosh ring embedded with diamond and an envelope containing Nike stock.

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Sunday, 28 February 2010

Account based Marketing

Account-based marketing is hot and attracting a great deal of attention among forward-thinking marketers in the technology sector. Account-based marketing (ABM), also known as key account marketing, is a strategic approach to business marketing in which an organisation considers and communicates with individual prospect or customer accounts as markets of one.

When implemented well, account-based marketing helps companies establish, nurture, and grow highly collaborative and profitable relationships with key customers by continuously addressing their business and information needs. Many marketers think they can’t afford account-based marketing because it’s so tailored. But as mass marketing quickly moves into more contextual marketing, the question is no longer, “How can I afford to do it?” but rather, “How can I afford not to do it?” The challenge lies in balancing between scalability and relevance.

Key accounts are accounts that are identified within organisations as being a focus for account-based marketing. Not all accounts meet the requirements to be designated as a strategic or key account and organisations need to be careful about which accounts to focus on for their account-based marketing efforts or risk losing a valuable client. When choosing, organisations should look at revenue history, account history, margins and profitability as well as the viability that the client in question would be interested in a long-term relationship. Lastly, ask what the client and your company have in common. This will help solidify the approach that the client cannot find this kind of service anywhere else.

ABM is a strong example of the alignment of sales and marketing teams. In the aligned model, organisations able to unite tactical marketing efforts with defined sales goals and use feedback from sales to identify new potential markets. For ABM to succeed, joint workshops and a close working relationship between sales and marketing are essential.

Recently, several blue-chip consulting services and product companies such as BearingPoint, HP, Progress Software and Xerox are among those who have successfully implemented Account-based marketing as part of their overall marketing strategy.

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Friday, 12 February 2010

Television Rating Points

Television Rating Point (TRP) is a tool provided to judge which programmes are viewed the most. This gives us an index of the choice of the people and also the popularity of a particular channel. It indicates the popularity of a channel or programme and this data is very useful for the advertisers. Example : IPL had 7.5 TRP which means 7.5 viewers out of ten watches IPL. Presently, INTAM (Indian Television Audience Measurement) is the only electronic rating agency functioning in India.

The TRP System reports on the daily viewership of individuals aged 8 years and above residing in TV owning homes in the nine key metropolitan cities of India. All TV channels keep a track of it to find out how many viewers are watching their programme. They can calculate the percentage of viewers who are watching their programme and helps in identifying what the reach of the programme. With that, they decide whether or not to continue a particular programme.

For calculation purpose, a device is attached to the TV set in a few thousand viewers’ houses for judging purpose. These numbers are treated as sample from the overall TV owners in different geographical and demographic sectors. The device is called as People’s Meter.

Two methodologies are used for calculating TRP. First is frequency monitoring, in which 'people meters' are installed in sample homes and these gadgets continuously record data about the channel watched by the family members. It reads the frequencies of channels, which are later, decoded into the name of the channels and the agency prepares a national data on the basis of its sample homes readings. Second technique is picture matching technique, people meter continuously records a small portion of the picture that is being watched on that particular television set. Along with this agency also records all the channels' data in the form of small picture portion. Data collected from the sample homes is later on matched with the main data bank to interpret the channel name. And this way national rating is produced.

Presently, TRP is based upon only a small urban sample of 5500 homes spread all over India. Doordarshan has its own ratings system DART (Doordarshan Audience Ratings). DART is a diary based system of ratings. DD people distribute diaries in sample homes and the viewers are asked to note down each programme as and when watched by family members. In the end of the week a person collects all the diaries and sends them to the head office, where popularity of programmes is calculated.

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Saturday, 23 January 2010

Management Lessons from Movie "3 Idiots"

1. Never try to be Successful

Success is the bye-product. Excellence always creates success. So, never run after the success, let it happen automatically in the life.

2. Freedom to Life

Don’t die before actual death. Live every moment to the fullest as you are going to die today night. Life is gifted to humankind to live and live happily.

3. Passion leads to Excellence

When your hobby becomes your profession and passion becomes your profession. You will be able to lead up to excellence in the life. Satisfaction, pleasure, joy and love will be the outcome of following passion. Following your passion for years, you will surely become something one day.

4. Learning is very simple

Teachers do fail. Learners never fail. Learning is never complicated or Learning is always possible whatever rule you apply.

5. Pressure at Head

Current education system is developing pressures on students’ head. University intelligence is useful and making some impact in the life but it cannot be at the cost of the life.

6. Life is Emotion Management not Intelligence Optimization

Memory and regular study have definite value and it always helps you in leading a life. You are able to survive even if you can make some mark in the path of the life. With artificial intelligence, you can survive and win but you cannot prove yourself genius. Therefore, in this process genius dies in you.

7. Simplicity is Life

Desires have no ends. Simplicity is way of life and Indian culture highly stresses on simple living and high thinking, and this is the way of life: ‘Legs down to earth and eyes looking beyond the sky’.

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Thursday, 14 January 2010

Algorithmic Trading

Thousands of day traders earning a living from arbitrage opportunities in Indian stock markets may become extinct in the next few years, thanks to the accelerating interest in algorithmic trading.

In electronic financial markets, algorithmic trading or automated trading, also known as algo trading, black-box trading or robo trading, is the use of computer programs for entering trading orders with the computer algorithm deciding on aspects of the order such as the timing, price, or quantity of the order, or in many cases initiating the order without human intervention. There could be thousands of codes written to buy or sell a security, currency or commodity at a particular level when one or more factors emerge.

Algorithmic Trading is widely used by pension funds, mutual funds, and other buy side (investor driven) institutional traders, to divide large trades into several smaller trades in order to manage market impact, and risk. These programs are so fast that people, who look at various developments and decide trade, would be left behind because a machine has done it in milliseconds.

Algorithmic trading may be used in any investment strategy, including market making, inter-market spreading, arbitrage, or pure speculation (including trend following). The investment decision and implementation may be augmented at any stage with algorithmic support or may operate completely automatically ("on auto-pilot").

Example of Algorithmic Trading: A program could be to sell the stock fortunes of a particular company and buy the stock, if the fortune price is x% higher than the stock price. Also, it could be to compare a set of variables – if rupee is more than 45 to the dollar and crude oil is less than $60 per barrel, then software would sell Infosys futures and buy HPCL shares.

In 2006 at the London Stock Exchange, over 40% of all orders were entered by algo traders, with 60% predicted for 2007. National Stock Exchange (NSE) has approved applications of about 200 of its members to trade using algorithms.

Reference: http://economictimes.indiatimes.com/markets/stocks/market-news/Algorithms-may-push-day-traders-to-the-brink/articleshow/5438544.cms

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Friday, 8 January 2010

Social Network Marketing

Social media marketing or social network marketing is a term that describes use of social networks, online communities, blogs, wikis or any other online collaborative media for marketing, sales, public relations and customer service. Common social media marketing tools include Twitter, blogs, LinkedIn, Facebook, Flickr and YouTube.

Most successful internet marketers today are using social network marketing as an effective way to prospect and promote. Social networking sites are a hot topic for marketers, as they present a number of opportunities for interacting with customers, including via plug-in applications, groups, and fan pages. Many sites include features where companies can create profiles. For example, on Facebook companies can create "pages" where users can become fans of this company, product, service, individual, etc.

The success in social network marketing comes from successfully targeting and offering the right product to the right market.

You do not want to enter social networking for the sole purpose of selling. Your goal with social network is to develop a brand for yourself. You do this by attraction marketing. The more you share your wealth of knowledge the more you will become known as an expert in your field.

Facebook seems to be the leading social media outlet for businesses by having pages from different companies such as Dots, New York and Company. Twitter comes in 2nd place and Myspace comes in 3rd place.

Social Networks are a valuable meeting place and should always be used to provide value and to build your personal or business brand and following. Social Networks can be a great place to build visibility and awareness and this is important because as consumers we are driven to trust familiarity and repetition.

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