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The $100 MBA Show

MBA2566 How Richard Branson Built a Global Brand with Virgin and How You Can Too

The $100 MBA Show

Omar Zenhom

Entrepreneurship, Business, Careers, Marketing

4.82.2K Ratings

🗓️ 30 December 2024

⏱️ 13 minutes

🧾️ Download transcript

Summary

What does it take to build a brand that not only stands the test of time but also keeps disrupting industry after industry? After three flights from Sydney to Barcelona, Omar hopped aboard Virgin Voyages to celebrate the brand’s 50th anniversary and uncover exactly what makes Virgin’s magic last. In this episode, Omar breaks down […]

The post MBA2566 How Richard Branson Built a Global Brand with Virgin and How You Can Too appeared first on The $100 MBA.

Transcript

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0:00.0

What does it take to build a brand that lasts 50 years?

0:04.0

A few months ago, I traveled across the globe, three flights, Sydney to Singapore,

0:08.0

to Munich, Munich to finally Barcelona to do one thing.

0:14.0

Find out what it takes.

0:16.0

I got on board Virgin Voyage's 50 year celebration of Virgin on a very special trip on one of their big boats

0:24.1

on Virgin Voyages. They had talks, they had workshops, they had interviews, they had special sessions,

0:29.2

and I brought back all this information to share with you to find out what has made Virgin

0:34.5

so successful for so long. I mean, we're talking about from music to space travel

0:39.4

to airline travel to cruises. Richard Branson has built an empire that challenges the rules,

0:47.5

and he consistently wins in whatever he does. So today, I'm going to just do an information

0:53.1

download and share with you

0:54.5

everything I discovered from branding to risk taking to going above and beyond what anybody

0:59.5

expects and how you can apply those lessons to your business. Let's dive in.

1:10.4

The first lesson I want to share with you is the power of brand identity.

1:15.7

It's undeniable that Virgin has one of the strongest brands in the world, period.

1:20.9

I mean, let's start with the obvious.

1:22.1

Virgin's brand is bold, it's fun, it's unmistakable, right?

1:25.8

It stands out, you can't ignore it. From the moment you step on board this ship, Virgin Voyages, or even one of their airlines or any of their products or any of their experiences, you are immersed in this virgin world. Every touchpoint from the napkins, from the lounge design, screams, this is Virgin.

1:45.1

But it's not just about logos.

1:46.7

It's about creating an emotional connection with their customers.

1:49.3

I mean, they're masters at this.

1:50.8

I mean, Virgin's branding doesn't just sell you a product.

...

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