What exactly is a brand? It's a question that has
confounded the academics for decades and eluded the most erudite of
scholars. So, coming from the trenches of the real world of branding,
we've defined the term and given it a comprehensive meaning.
What is a Brand? A Definition:
"A brand is a product or service with a unique mark, symbol or logo
that has a defined set of attributes and characteristics which create a
unique experience for the consumer/user."(c)
Let's break this definition down into pieces that you can use to create
and further develop your own brand.
A brand consists of eight basic building blocks:
- The Name
- The Logo (brand icon)
- The Brand's Colors
- The Slogan and Brand Messaging
- The Sound of the Brand
- The Overall Look and Feel = The Brand's Position
- Packaging the Brand
- The Brand Experience
Is a product the brand? No.
Is a symbol the brand? No.
Does the brand really exist in the slogan? No.
If I don't remember the Brand, but I remember the color; is that the
Brand? No.
Is the brand mostly represented by its packaging? No.
Does every Brand have a unique sound? No.
So, we are left with the real question? What then, is a brand?
"A brand is a product or service with a unique mark, symbol or logo
that has a defined set of attributes and characteristics which create a
unique experience for the consumer/user."(c)
A Brand is the greater sum of its parts. It is always more than just
the nuts and bolts, the pieces; great brands are always the result of
the whole equaling more than the sum of its parts.
Take Nike, for example. As a consumer, I've been a user of their Brand
for a long time. As a marketer, I've been an observer for a long time.
I've studied long and hard to determine why "Just do it" has worked for
consumers for over 20 years. As an academic marketer I couldn't get it.
But as a consumer, the visceral message of getting up in the morning,
rain or shine, want to or not want to, and going out and running - no
matter what - "Just do it" is a slogan that works. I'm not a runner,
but I walk every day and just getting out there or on the treadmill and
"just doing it" is an important part of my lifestyle.
But would Nike be what it is today without Michael Jordan and Tiger
Woods?
Probably not.
And that's where the Brand Experience comes in.
A Brand is beyond the product; it's beyond shoes or clothing or sports
equipment - it's all about being a "member of the club." It's about
belonging. It's about the coolness factor. Tiger made golf cool. He
took it from being an "old white man's sport" to being the coolest,
hottest sport any kid could image.
Branding is about making me, the consumer or buyer, more hip, more in
the "know," more cool than anybody else. We are a generation and a
nation wanting to be special. We want to be richer, more beautiful,
better dressed and more effortlessly gorgeous than any other generation
that we know. (But then, we are a bit narcissist and would discount any
other generation!)
At a time in our economy when everything comes from Wal-Mart, via
China, it seems as though the low price wins. But, au contraire.
Branding is at an all time high and it's precisely because we don't
want to be just low-price buyers. How pedestrian, after all. We want
the world to mean more than price. More than money. We want everything
to mean more. We want everything to have meaning.
That's why we flock to the reality shows. Why we love "The Apprentice"
and "American Idol" and other top realistic shows. We crave
authenticity in this age of fabrication and falsehood. We "just want to
be real."
We want to be able to trust what we buy and whom we buy from. That's
why Coke is still the number one brand in the world. The more we know
about a brand, the more we trust it. The more we trust it, the more we
buy it and continue to experience it. The more we experience it, the
more loyal we become.
Loyalty is the currency that cannot be traded for dollars.
When you have a loyal consumer, you have the world and Branding is the
way to conquer the world.
(c) 2007, Kae Groshong Wagner.
Article Source: http://www.articlesbase.com/
marketing-articles/what-is-a-brand-83978.html About the Author
Kae Groshong Wagner is the CEO of North Star
Marketing, a brand consultant, author and speaker. She can be reached
at kgwagner@northstar-m.com or 717-392-6982 x.105 For free articles,
case studies and marketing tips visit http://www.northstar-m.com |