Marketing is what a company is in business to do. Marketing is a company’s ultimate objective.
AL RIESIt normally takes decades to build a brand… It’s the forgetting of the old truth that allows a person to accept a new truth.
More Al Ries Quotes
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Positioning is how you differentiate yourself in the mind of the prospect.
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The reason is obvious. A well-known name got well-known because it stood for something. It occupies a position in the prospect’s mind. A really well-known name sits on the top rung of a sharply defined ladder.
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The new product, if it’s going to be successful, is going to require a new name. New ladder, new name. It’s as simple as that.
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Changing the direction of a large company is like trying to turn an aircraft carrier.
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Marketing is not selling. Marketing is building a brand in the mind of the prospect.
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That is, you position the product in the mind of the prospect.
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IBM didn’t invent the computer; Sperry Rand did. But IBM was the first to build the computer position in the prospect’s mind.
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If you CAN’T then all the advertising, fancy packaging, sales promotion and public relations in the world won’t help you achieve your objective.
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It is better to have 50% of one market, instead of 10% of five markets.
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A brand should strive to own a word in the mind of the consumer.
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A successful branding program is based on the concept of singularity.
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If you want to build a brand, you must focus your branding efforts on owning a word in the prospect’s mind. A word that nobody else owns.
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THE LAW OF THE CONTRACTION: A brand becomes stronger when you narrow its focus.
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Successful brands get into the mind slowly. A blurb in a magazine. A mention in a newspaper. A comment from a friend. A display in a retail store.
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Branding is simply a more efficient way to sell things.
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