WHAT ARE BRANDS?
The American
Marketing Association (AMA) defines a brand as a "name, term, sign, symbol
or design, or a combination of them intended to identify the goods and services
of one seller or group of sellers and to differentiate them from those of other
sellers.
Therefore it
makes sense to understand that branding is not about getting your target market
to choose you over the competition, but it is about getting your prospects to
see you as the only one that provides a solution to their problem.
What makes
you as a consumer decide on specific brands? Why Colgate toothpaste instead of
Aqua fresh toothpaste? Why Jacobs coffee instead of Ricoffe? Brand name
products have been part of our lives since we were born. Living in the 21st
century means you are faced with numerous brand options. Decisions as simple as
which toothpaste to use becomes significantly more complicated because of the
amount of choices we as consumers have.
Brand names
can give you different emotions and feelings for example Harley Davidson
motorcycles could give you a sense of freedom, Rols Royce gives you a sense of
luxury and superiority, driving a Volvo could give you a sense of safety, etc.
these brands allow for us as consumers to help define the type of person we
want to be perceived as in the public eye through public perception.
In essence a
brand is a promise the business makes to their consumers and essential helps to
govern the thinking of consumers when selecting these brands. So consumers consider
the brands and the promise they offer before selecting them. In my opinion when
selecting which brands to use takes consideration and involves the feelings and
emotions you get when engaging with the brand. Once you know this you will know
which brands suit you the best. #Solomons-TheBrandingBratBlog

Interesting ;)
ReplyDelete