The secrets of their success

"Different organisations use different approaches and there are many measurement tools available in the industry to track their success or failures," says Marcus Sorour, general manager of marketing and communications agency Waggener Edstrom South Africa.

"Marketers are using these tools to listen carefully to how their brand is being perceived. Any brand that is not doing that will not be around in the next five years."

He says that the organisations who listen carefully to their clients and stakeholders will be able to adapt to shifts in perception much better than their competitors.

MTN South Africa
Serame Taukobong, chief marketing officer at MTN South Africa, says the organisation wants to be known as a company that strives to make the lives of its customers brighter, and connect them to the digital world.

"If a company is perceived to be unethical, environmentally unfriendly, inaccessible, and non-philanthropic by its target market then it is more likely to be unsustainable irrespective of how brilliant the marketing strategy, product or service.

"Good reputation informs the buyer's decision to invest their money with a brand that exudes a sound reputation and is well-spoken of," says Taukobong. MTN says it is committed to assisting in developing the country and its people. Part of this is ensuring South Africans have access to quality telephony services.

And what does he think is the secret behind the success of the company? "Customer-centricity, continued investment in our infrastructure, and connecting customers with their passion by making informed decisions on sponsorship properties. Leadership, especially in living brand values to ensure a lasting impact is also important."

He says that MTN has been able to attract great talent that is committed to live its brand values and delivering on its promises.

Edgars
In a statement, Edcon cites several reasons why Edgars has such a strong corporate reputation including having a well-established brand, access to good store locations, offering quality merchandise at competitive prices, and providing efficient service by well-trained and eager employees.

"Key to our success is having an in-depth understanding of our various customer segments and ensuring we have an exciting value proposition and product offering to meet those requirements. We understand that this is an ongoing and evolving effort and we continue to seek new and unique methods and initiatives to enhance the brand," states the company.

South African Breweries (SAB)
Robyn Chalmers, head of media and communications at SAB, says the company recognises that it has an obligation to enhance the communities in which it operates and it does so because it is the right thing to do.

"For more than a century here in the country, we have known that our success as a business depends largely on our ability to deliver superior value to our fellow South Africans, particularly consumers, retailers, and society."

SAB is particularly proud of its various government and civic partners such as the "You Decide" underage programme, the SAB League grassroots football development programme, and the Tavern Intervention Programme which seeks to reduce harm to women and children.

"The company believes that its business is not separate from society. Our success is inextricably linked to the well-being of the wider community. So we focus on doing good, not because it is beneficial to us, but because it is good for all," adds Chalmers.

This is the age where company stakeholders are watching and listening more closely than ever.

Structures need to be put in place that mitigate against negative market perceptions that can impact the share price.

And if the strategies of any of these companies are anything to go by, then an essential component is the importance they place on giving back to the community and being involved with the people of the country.

These are unprecedented times, and the role of media to tell and record the story of South Africa as it develops is more important than ever. But it comes at a cost. Advertisers are cancelling campaigns, and our live events have come to an abrupt halt. Our income has been slashed.

The Mail & Guardian is a proud news publisher with roots stretching back 35 years. We’ve survived thanks to the support of our readers, we will need you to help us get through this.

To help us ensure another 35 future years of fiercely independent journalism, please subscribe.

Advertisting

Nehawu launches urgent court bid over protective gear for health...

The health workers’ union says the government has rebuffed its attempts to meet about mitigating risks to workers

Stay at home, Cyril said. But what about the homeless?

In Tshwane, forcing homeless people off the street resulted in chaos and the abuse of a vulnerable population. In Durban, a smooth, well-planned operation fared far better

Press Releases

New energy mix on the cards

REI4P already has and will continue to yield thousands of employment opportunities

The online value of executive education in a Covid-19 world

Executive education courses further develop the skills of leaders in the workplace

Sisa Ntshona urges everyone to stay home, and consider travelling later

Sisa Ntshona has urged everyone to limit their movements in line with government’s request

SAB Zenzele’s special AGM postponed until further notice

An arrangement has been announced for shareholders and retailers to receive a 77.5% cash payout

20th Edition of the National Teaching Awards

Teachers are seldom recognised but they are indispensable to the country's education system

Awards affirm the vital work that teachers do

Government is committed to empowering South Africa’s teachers with skills, knowledge and techniques for a changing world

SAB Zenzele special AGM rescheduled to March 25 2020

New voting arrangements are being made to safeguard the health of shareholders