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.
AL RIESThe 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.
More Al Ries Quotes
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You have to reduce the essence of your brand to a single thought or attribute.
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The real barrier (to building a brand) is the human mind.
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Your brand’s power lies in dominance.
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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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A brand should strive to own a word in the mind of the consumer.
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The most powerful concept in marketing is owning a word in the prospects mind.
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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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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 LAW OF THE CONTRACTION: A brand becomes stronger when you narrow its focus.
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After a slow buildup, people become convinced that they have known about the brand forever.
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Good things happen when you narrow your focus.
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It’s better to be first in the mind than to be first in the marketplace.
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The crucial ingredient in the success of any brand is its claim to authenticity.
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It is better to have 50% of one market, instead of 10% of five markets.
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You need to allow enough time for this forgetting to take place
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