Organization:
Virgin Media Limited.
Organization Brief:
Virgin Media Limited is a British company that
offers telephone, television and internet services in the United
Kingdom. Headquartered in the Hampshire United Kingdom. Since 2013,
Virgin Media has been a subsidiary of Liberty Global Plc, an
international television, and telecommunications company
headquartered in London. The company was listed on the NASDAQ and
LSE. Just to clarify Virgin Media is not a sister company of Virgin
Mobile USA of Sprint Corporation.
In November 2006, Sir Richard Branson signed a deal with
NTL-Telewest to license theVirgin brand for the combined business
and the company’s consumer services were rebranded under Virgin
Media in February 2007.
Virgin Media Operates a fibers optic cable network in the UK
along with many other diversified business lines like Virgin Poker,
Virgin Energy shot, Virgin money, Virgin soft drinks, Virgin
Digital and many more.
Background:
- Founded in 1970 in Richard Branson’s bedroom.
- Started as a mail order record shop.
- Expanded into travel, entertainment, lifestyle and beyond
- Incorporated in 1989 as a holding company.
- Revenues of £19.5bn in FY2016.
- Approximately 70000 employees
- The group has grown strongly and consistently in last 10
years
Operating Practices:
- With such a diversity of businesses, operating practices are
varied and complex
- Clear separation of operating companies
- The brand name is often licensed
- A Very small head office team
- Very complex holding structure
As a Public relations professional working for Virgin media, it
becomes very vital to communicate the mission and operating
practices of the group to create a positive brand image in the
competitive market such as:
- Maintaining and updating information on the organization's
website, engaging with users on social media sites such as Twitter
and Facebook; Preparing the content for promotions such as
brochures, handouts, direct mail leaflets, promotional videos,
photographs, films and multimedia programmes.
- Responding to inquiries from media, individuals and other
organizations and managing potential crisis situation which can
damage the brand image.
- Organising events including press conferences, exhibitions,
open days and press tours to foster community relations.
- Planning, developing and implementing PR strategies.
Due to the vivid personality of Sir Richard Branson, Virgin
media has been a hot topic across Forums.
- Promotion: The promotion of Virgin media has
always been supported by vibrant red, depicting enthusiasm and
aggression in the business model which is clear from our financial
results and the industry reputation. Some people call the business
diversity a result of massive diversification while few name it as
a massive ego trip. The other side to this is the entrepreneur
mindset, which at a particular instance made Sir Richard Branson
buy the company back at a very competitive price as he wanted to
operate without the public eye minutely viewing how he ran his
various companies.
- Controversies: Whether it be any controversy
like “Net Neutrality, Crackdown on illegal filesharing of copyright
material, charging extra fees, data pimping; Virgin media has
always distanced themselves from the controversial system and would
continue to do so providing a customer-oriented service across the
diversified portfolio.
- Ad Campaigns: Virgin Media Launched a major
new campaign that brought unparalleled entertainment for its
customers to enjoy through the ultrafast connectivity. The campaign
unveiled the new Virgin fiber brand, run over 14 weeks across TV,
online, print and OOH. To put forth, all the ad campaigns and
marketing for Virgin media is closely monitored to provide a
world-class consumer experience.
- Organising events: Sir Richard Branson does
not ever hesitate to provide world-class service to the market, for
instance, he himself served drinks and food in the aircraft by
dressing up like an air hostess/ crew member. In his opinion, we
work as a big team trying to make consumer experience the best.
This is the message being communicated to all the stakeholders as a
part of public relations that whether we are directly involved or
not at the client-facing interface but it is every one's utmost
responsibility to create a positive environment at workplace,
customer-centric ends.
- Strategies: At Virgin Media, less
diversification is possibly in the future and more concentration on
sustainability and making profits taking more conservative approach
overall to Rationalise the existing loss-making businesses.? Some
Virgin companies continue making large losses and we are working
continuously to turn it into positive by diversifying vertically
and horizontally both to boost the confidence of founder
retires.
Virgin megastores ... “the business was losing a lot of
money. We did not make a speedy exit in part because I resisted
closing the business. I was worried about losing the flagship
stores' presence in Times Square and on Oxford Street since they
were so important to brand recognition and our link with the past.
But the scale of the losses meant that we had to sell the business
to its management and focus our attention on markets where we could
be the disrupter, not the disrupted” Sir Richard Branson’s
words, he never hesitates to speak publicly which is an important
factor to have an impact on target audience.
Thanks.