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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Positioning is what you do to the mind of the prospect.
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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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You have to reduce the essence of your brand to a single thought or attribute.
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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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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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If you can build a powerful brand, you will have a powerful marketing program.
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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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Strategy and timing are the Himalayas of marketing. Everything else is the Catskills.
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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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A successful branding program is based on the concept of singularity.
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A brand should strive to own a word in the mind of the consumer.
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You need to allow enough time for this forgetting to take place
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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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The crucial ingredient in the success of any brand is its claim to authenticity.
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Brand leadership, of course. Leadership is the single most important motivating factor in consumer behavior.
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