The Law of the Generic: One of the fastest routes to failure is giving a brand a generic name.
AL RIESThe 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.
More Al Ries Quotes
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You need to allow enough time for this forgetting to take place
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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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Everyone is interested in what‘s new. Few people are interested in what‘s better.
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The next generation product almost never comes from the previous generation.
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The best way to make news is to announce a new category, not a new product.
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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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Strategy and timing are the Himalayas of marketing. Everything else is the Catskills.
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When a really new product comes along, it’s almost always a mistake to hang a well-known name on it.
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The most powerful concept in marketing is owning a word in the prospects mind.
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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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Good things happen when you narrow your focus.
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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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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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Positioning is what you do to the mind of the prospect.
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