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Launch! Advertising and Promotion in Real Time, 2009a

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A br<strong>and</strong> logo is a key component of corporate identity. SS+K’s client Delta Airl<strong>in</strong>es relies upon its well-known<br />

triangular logo to <strong>in</strong>spire a feel<strong>in</strong>g of familiarity among consumers.<br />

Develop<strong>in</strong>g a br<strong>and</strong><strong>in</strong>g strategy creates a clear picture of the values your product or service<br />

represents. Why is that so important? The answer is simple, yet profound: People don’t buy th<strong>in</strong>gs<br />

because of what the th<strong>in</strong>gs do. They buy th<strong>in</strong>gs because of what they mean. There are many MP3<br />

players out there that do just as good a job as an iPod, but they don’t convey the same image to<br />

consumers. So, one result of a solid br<strong>and</strong><strong>in</strong>g strategy is to create a barrier to entry so that<br />

competitors will f<strong>in</strong>d it difficult to persuade loyal consumers to ab<strong>and</strong>on their favorite product for a<br />

newcomer.<br />

Characteristics of a Solid Br<strong>and</strong><strong>in</strong>g Strategy<br />

Accountability<br />

Br<strong>and</strong>s impose a sense of accountability on the maker of a product. If you buy an Acme shoe <strong>and</strong> it<br />

performs poorly, you’re unlikely to buy Acme shoes aga<strong>in</strong>. On the other h<strong>and</strong>, if you’ve had a good<br />

experience with Acme, you’re likely to buy its shoes aga<strong>in</strong> <strong>and</strong> perhaps its socks, shirts, or golf clubs as<br />

well. In this way, the br<strong>and</strong> is a shorth<strong>and</strong> way of signal<strong>in</strong>g quality that simplifies decision mak<strong>in</strong>g for<br />

customers. People who know <strong>and</strong> like a given br<strong>and</strong> are more likely to buy it aga<strong>in</strong>.<br />

Consistency<br />

Br<strong>and</strong>s don’t have to be high end to comm<strong>and</strong> loyalty; they just need to communicate a consistent<br />

mean<strong>in</strong>g to consumers. That might mean project<strong>in</strong>g an image of quality, but it can also mean be<strong>in</strong>g<br />

associated with consistently low costs (e.g., Wal-Mart), trendy fashion (e.g., Juicy Couture), or a particular<br />

lifestyle (e.g., Whole Foods Market). A br<strong>and</strong> thus serves to express key properties of the products the<br />

company produces.<br />

Br<strong>and</strong> Personality<br />

Saylor URL: http://www.saylor.org/books<br />

Saylor.org<br />

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