
Today was a busy old day, a total of four meetings crammed into an afternoon plus a visit from the mum in-law, to be honest I am feeling pooped! Anyway… Glass of wine in hand, MacBook Pro on lap, I am now chilling out and reflecting on the kind of day I’ve had… What better time to write a short blog post on what makes a good brand?
Earlier today I had a conversation about brands, and the question was asked what makes a brand a brand? Ok, you have the company name, its logo, colour scheme and so on, but what makes one brand successful in its sector, and another brand fail? Is it really just down to clever marketing, a big marketing budget, pricing or a quality of service you just can’t find elsewhere?
I believe the challenge for any new or established brand in todays information age is to be unique and stand out from the crowd, we all look for that something special so marketing campaigns must have a positive impact on your business identity. A good brand will have its name (and possibly web address) embedded into your mind when you think of a service or product… So, if you are looking for fresh breath then you may think ‘Wrigley’s gum’, cheap flights ‘Ryan air’, children’s entertainment ‘Disney’, Sports ‘Nike’ and search engines ‘Google’… I think you get my drift; almost every sector in the world today has a strong brand assigned to it… Making new business both difficult and exciting!
If you are looking to start a new business, re-brand or create a company identity then you must first identify what it is you are offering… Make a note of the services and products you offer, what are your unique selling points and can you incorporate these into your name, trademark, slogan or logo?
So come on, what makes a good brand? The company image, its personality, energy or a desire to grow and do better… If you are proud to use a brand, happy to stock a brand on your shelves, and the customer experience and the expectations are always exceeded, then that’s a brand that will grow!
A good brand will be evolving and have its finger on the pulse when it comes to technology, market trends and what society (its target audience) will want yesterday! I personally love the development of brands, assessing how certain brands have achieved what they have achieved, seeing how products / brands are marketed on the web etc.
Remember, good business and good branding tend to go hand in hand; it is not only the customers committed to certain brands but often its creators who live and breathe the brand and ensure its success!
I hope you have enjoyed my ramblings on business and what makes a good brand? As always your comments and thoughts are much appreciated.