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 RIESIf 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.
More Al Ries Quotes
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Each year we send more and receive less.
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But with a laser, you can drill a hole in a diamond or wipe out cancer.
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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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You need to allow enough time for this forgetting to take place
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Even if all the cattle on the range look pretty much alike.
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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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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 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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The next generation product almost never comes from the previous generation.
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The real barrier (to building a brand) is the human mind.
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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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Changing the direction of a large company is like trying to turn an aircraft carrier.
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The Internet is the ultimate in brand-centered buying.
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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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Customers want brands that are narrow in scope and distinguishable by a single word, the shorter the better.
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