When a really new product comes along, it’s almost always a mistake to hang a well-known name on it.
AL RIESStrategy and timing are the Himalayas of marketing. Everything else is the Catskills.
More Al Ries Quotes
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A brand should strive to own a word in the mind of the consumer.
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Branding is simply a more efficient way to sell things.
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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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The next generation product almost never comes from the previous generation.
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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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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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A branding program should be designed to differentiate your cow from all the other cattle on the range.
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The crucial ingredient in the success of any brand is its claim to authenticity.
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What’s your brand? If you can’t answer that question about your own brand in two or three words, your brand’s in trouble.
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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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An attribute that nobody else already owns in your category.
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You have to reduce the essence of your brand to a single thought or attribute.
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What should a brand leader advertise?
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It’s the first company to build the mental position that has the upper hand, not the first company to make the product.
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It’s better to be first in the mind than to be first in the marketplace.
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