Printer Friendly
The Free Library
4,292,724 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Branding time. (Marketing News).


What makes a brand name? Marketing consultant Jack Sims says the requirements for a memorable brand name can be summed up in three words: "consistency," "difference" and "target."

Consistency. "The biggest mistake I see from companies is the lack of consistency in their marketing communications," he says. "All of your pieces (ads, fliers, etc.) must look as if they come from the same place or person; otherwise, you can't expect consumers to get the essence that your brand really represents."

Difference. Sims says he's talking about the difference between good design and creative and great design and creative. "The production costs of all these pieces will be the same. So the point is that by investing only the difference between poor design and great design and creative is actually minimal. Especially when those costs are amortized over the millions of impressions you'll be making."

Target. This means more than reading the demographics. "You really have got to find out who your real target audience is," he says. "And the only way to do this is to ask them. Call your customers up, make an appointment and go see them face-to-face. Ask them all about themselves and then build a complete profile that you can share with everyone in your company. Ask them how you are looking after them, what you are doing right, what you are doing wrong.

"If you do these few things, you will be well on your way to growing your business into a brand and delivering additional profits to the bottom line for the long haul."

Sims is principal of Brand, to the Bone, based in Miami.

COPYRIGHT 2002 Bank Marketing Assn.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002 Gale, Cengage Learning. All rights reserved.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:requirements for a brand name
Comment:Branding time. (Marketing News).(requirements for a brand name)
Publication:ABA Bank Marketing
Article Type:Brief Article
Geographic Code:1USA
Date:Oct 1, 2002
Words:271
Previous Article:Service before sales. (Marketing News).(customer service tips from John T. Cotton)(Brief Article)
Next Article:More no-cost ways to recognize employees. (Rewarding Employees).(Brief Article)(Column)
Topics:

Terms of use | Copyright © 2008 Farlex, Inc. | Feedback | For webmasters | Submit articles