Arif Durrani
Sep 21, 2010

BP faces 'massive task' to repair brand damage

GLOBAL - BP's group chief sales and marketing officer, Luc Bardin, has admitted that the energy company faces a 'massive task' if it is to salvage its reputation in the wake of the oil spill in the Gulf of Mexico.

BP faces 'massive task' to repair brand damage

Following reports that BP had successfully capped the leaking well in the Gulf of Mexico five months after the explosion on the Deepwater Horizon rig, Bardin admitted at an IAA Business Lunch that the BP brand has been ‘tarnished’.

He referred to Interbrand’s annual league table, published last week, in which BP slipped from 23rd to outside the top 100 for the first time, to highlight the ‘many other challenges’ that lay ahead. Bardin added, ‘I never thought I would see the brand move [down] so deeply.’

Recognising a ‘clear loss of trust in and loss of relationship’ with BP, Bardin spoke positively about its future. He added that BP is a ‘wonderful brand’ that will ‘prove itself’.

During the crisis, BP withdrew most of its international ad campaigns and focused its activity on the affected region, primarily using print media. Bardin confirmed that BP’s brand advertising would be
reinstated in Europe, as and when appropriate.

This article was first published on marketingmagazine.co.uk.

Source:
Campaign Asia

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