Time magazine’s choice of the individuals who are “building community and collaboration on a scale never seen before” (yes, that’s you and me apparently) as its Person Of The Year for 2006 suggests that some traditional notions of branding were turned on their heads during the year just past.
This would seem to be borne out by the lightning-quick move of online brands such as YouTube, Bebo, MySpace and Second Life to the centre of the worldwide stage and the value that another whiz kid, Google, was prepared to put on YouTube when it purchased the company for $1.65 billion during the year. However, despite their impressively-quick ascent to the top of the pile in 2006, we will probably need to wait another while before acclaiming these as great brands rather than precocious players who have simply made the most of their first-mover advantage.
For more on the past twelve months as seen through brand-coloured spectacles, please visit:
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