SPEECH BY COUNCILLOR ANNEMARIE SPARG

APPROVED City of TSHWANE FIFA WORLD CUP COMPOSITE LOGOS

24 January 2008 

 

 

Council Meeting 24 January 2008

PART II
Item 12 annexure 4

APPROVED City of TSHWANE FIFA WORLD CUP COMPOSITE LOGOS

It is with regret that we notice that the name PRETORIA was added, very small, to the City of Tshwane 2010 Fifa World cup composite logo and not to the composite logos for local usage.

The BRAND value of the name Pretoria that is 153 years old has been trashed in the process.

There is a huge monetary value that is attached to a name in the marketing world. If a company does not tap into the power of a brand in their branding strategy they are losing money. Plain and simple.

A well developed brand strategy has the power to inspire both the employees to do their jobs better and your customers to be loyal to you the owner of the brand.

We must remember that the concept of brand value and brand equity goes well beyond the legal concept of a trademark or the accounting concept of goodwill.

Brand equity encompasses a gestalt of intrinsic values, or equities that adds to the tangible, measurable benefits delivered by a particular product or service.

These intrinsic equities may include such things as the image imparted to the purchaser, advertising quality, advertising quantity, trust, long term reputation for reliability, customer support, social responsibility, and so forth.

The purchaser in this case is the tourist who will travel to South Africa for the World cup

Are we not in the process of forcing the name change on the residents of this city and the world also loosing brand equity with our services and political attitudes?

I thank you

AnneMarie Sparg
ACDP Councillor Tshwane Metro
079 498 6971