|
Businessworld
Tony Joseph, an editor at Businessworld, was responsible
for converting the magazine from a ‘me too’
brand to a frontrunner among business magazines.
He achieved this by re-positioning the magazine
as a ‘magazine for the new economy’,
by charging the journalists to produce insightful
Stories, instead of just information pieces and
by converting it to a weekly with an aggressive
pricing strategy.
The ‘repositioning exercise’, from
the point of view of both intent and output (from
where they were, why they wanted to change, and
how they did it), is a learning in fighting both
gravity and building escape velocity. It is also
an interesting case to study from a ‘reviving
an existing brand’ point of view.
|