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22 Aug 10 How to do Branding of a Product?

Branding is an art. But it also has elements of Science. A brand’s success also lies in its name. An effective brand commands high brand recall value and immediate brand recognition. Successful positioning starts with conceptualization of the brand name. Apparently the task of branding may appear quite easy, but it involves in-depth research, understanding of the consumer insight, and brainstorming. Brand name is the most important part of a product, its identity before the world.

Branding exercise starts with understanding of the product category and deep analysis of the target group of customer. The brand name can be fanciful, arbitrary, suggestive, generic or named after people.

A fanciful name evokes sophistication, luxury, status. It’s a combination of word, name, symbol or a combination of all of them, irrespective of any language base. It is fabricated. They may appear abstract. As for example brands like Durian, Marlboro, Zara, Yahoo!, Sony, Olay. Such categories of brand names are distinct and break the clutter of brand shouts.

Arbitrary brand name is a brand name which has significance in life and language. But such brand name has no relevance to the product category. For example brands like Apple, Camel, Mango, Guess. They bear no relation with the products. Such brands names appear strong, distinctive.

A suggestive brand name describes the nature of the product or the service. It becomes an added advantage for the brand. From the brand name itself a person comes to know about offering of the brand. Brands like Ferns & Petals, Discovery, Animal Planet.

A generic brand name uses common words, name, symbol or a combination of all of them generally depicting the good or service. If a book store is called Book Store, if a flower shop is called Flower Shop – it’s a weak branding. Such brands are not protected.

A brand can be unique, when it’s named after a person or bears names of people behind its creation. Brands like – Johnsons & Johnsons, Smith & Jones, Mc. Donald’s bear strong brand identity and recall value. They immediately promote the brand creator’s name as well.

Branding is face of the company, a property the product sits on and cherishes its value lifelong. A brand name is the silent promise that the marketer does not only to its customers but also to the brand itself. Thus a brand name needs to be strong and impactful.

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26 May 10 What is Brand Association?

Anything that connects consumer to the brand is ‘Brand Association’. Such associations can be developed with elements like – imagery (attitudes, beliefs, and perception), product attributes, brand personality, symbols, color, use situations etc. Brand associations reinforce attributes of the brand in consumers’ mind, when the brand is talked about. It can be implicit or explicit. In a word, brand association unveils the ‘feeling’ or ‘perception’ people possess of the brand. That is the degree to which a particular brand is associated with the general product category in the mind of the consumer.

Brand associations are definitely not the reason to buy, but bare the differentiations that are unique and immune to replacement. Such perceived qualities of a brand actually develop brand’s entity, and over the time cultivates brand positioning. For example ‘Nike’ reminds of sports, ‘BMW’ talks of sophistication and superior engineering; ‘Tide’ is synonymous to whiteness. That’s the power of brand association.

Marketer should never underestimate the prowess of brand association. It goes much beyond of what it seems like. Marketer should associate his brand with a positive imagery. Brand association should be strong and explicit so that whenever people come across imagery associated with the brand, they immediately think of it and the brand remains on top of the mind. Association should never be negative and out of the marketer’s control. Marketer cannot always fully exercise his control on brand association, but can surely influence it. Marketer should always strive to make an association stronger, so that the brand receives share of voice in the market. Such positive situation helps brand incur a good positioning in the mind of the audience. So, while choosing the brand name marketer should carefully craft a name which reinforces an important attribute or benefit associated with brand.

A brand seated on a deep positive brand association enjoys the benefits of good image, trustworthiness, brand familiarity, brand acceptance and even brand loyalty. Thus strong brand equity is not a myth for such marketer. Such brands are huge threat for competitors and new entrants in the market. And which brand will not enjoy such benefits?

Brands associations are developed on the basis of elements like –

  • Advertisements
  • Word of mouth publicity
  • Quality of the product
  • Retail price
  • Packaging
  • Customer relations
  • Employee relations
  • Brand ambassador
  • Schemes/offers
  • Promotions

Now as you know what brand association is, are you going to use it to construct one for your product, or may be of your blog? It would be interesting to see how you use this concept for your blog.

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