You must be willing to give up something in order to establish that unique position.
AL RIESA brand should strive to own a word in the mind of the consumer.
More Al Ries Quotes
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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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It is better to have 50% of one market, instead of 10% of five markets.
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The most powerful concept in marketing is owning a word in the prospects mind.
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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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The crucial ingredient in the success of any brand is its claim to authenticity.
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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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But with a laser, you can drill a hole in a diamond or wipe out cancer.
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Marketing is not selling. Marketing is building a brand in the mind of the prospect.
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Strategy and timing are the Himalayas of marketing. Everything else is the Catskills.
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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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War and marketing have many similarities.
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After a slow buildup, people become convinced that they have known about the brand forever.
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You need to allow enough time for this forgetting to take place
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To get into the consumer’s mind, you have to sacrifice.
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If you can build a powerful brand, you will have a powerful marketing program.
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