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.
AL RIESYou have to reduce the essence of your brand to a single thought or attribute.
More Al Ries Quotes
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Customers want brands that are narrow in scope and distinguishable by a single word, the shorter the better.
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It creates in the mind of the prospect the perception that there is no product on the market quite like your product.
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Today, communication itself is the problem. We have become the world’s first overcommunicated society.
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Brand leadership, of course. Leadership is the single most important motivating factor in consumer behavior.
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But with a laser, you can drill a hole in a diamond or wipe out cancer.
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If you can build a powerful brand, you will have a powerful marketing program.
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Positioning is how you differentiate yourself in the mind of the prospect.
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Marketing is what a company is in business to do. Marketing is a company’s ultimate objective.
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Everyone is interested in what‘s new. Few people are interested in what‘s better.
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It’s better to be first in the mind than to be first in the marketplace.
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It normally takes decades to build a brand because it takes decades to penetrate the gray matter in between your ears.
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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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The Law of the Generic: One of the fastest routes to failure is giving a brand a generic name.
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A branding program should be designed to differentiate your cow from all the other cattle on the range.
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