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.
AL RIESThe next generation product almost never comes from the previous generation.
More Al Ries Quotes
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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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What should a brand leader advertise?
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War and marketing have many similarities.
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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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An attribute that nobody else already owns in your category.
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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 normally takes decades to build a brand… It’s the forgetting of the old truth that allows a person to accept a new truth.
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It takes a mile before anything happens. And if it was a wrong turn, getting back on course takes even longer.
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A brand should strive to own a word in the mind of the consumer.
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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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Your brand’s power lies in dominance.
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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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Strategy and timing are the Himalayas of marketing. Everything else is the Catskills.
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The real barrier (to building a brand) is the human mind.
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Even if all the cattle on the range look pretty much alike.
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