When a really new product comes along, it’s almost always a mistake to hang a well-known name on it.
AL RIESWhen a really new product comes along, it’s almost always a mistake to hang a well-known name on it.
More Al Ries Quotes
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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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It is better to have 50% of one market, instead of 10% of five markets.
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The crucial ingredient in the success of any brand is its claim to authenticity.
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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 best way to make news is to announce a new category, not a new product.
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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 LAW OF THE CONTRACTION: A brand becomes stronger when you narrow its focus.
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If you can build a powerful brand, you will have a powerful marketing program.
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Brand leadership, of course. Leadership is the single most important motivating factor in consumer behavior.
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You have to reduce the essence of your brand to a single thought or attribute.
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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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Strategy should evolve out of the mud of the marketplace, not in the antiseptic environment of an ivory tower.
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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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The real barrier (to building a brand) is the human mind.
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The Internet is the ultimate in brand-centered buying.
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