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Marketing & Branding

 
Created by : Arvind Shastry, PR & Media Relations Manager, Ogilvy & Mather  | 11 26 2008 12:25:28 +0000
Industry : Advertising/PR/MR/EventsFunctional Area : Branding(Sales & Marketing)
Keywords : Brands Names
Activity:  450 views;  last activity : 07 06 2010 20:18:09 +0000
Is it necessary for a brand to be recalled by its name?
 
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I definitely think Yes in the regard of a brand to be recalled by its name. I don't understand then whats the use of creating a brand if you can not even recall its name. Brands areactually created to have name.

By Arvind Shastry, PR & Media Relations Manager, Ogilvy & Mather  11 26 2008 12:25:28 +0000
 
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What I think is at the end of the day what matters is the revenue. Brands can create revenue and I agree to it but if the same brand can create more revenue but the mass cannot recall its name then I don't think that its incorrect.

By Arnab Sen, Media Planning, Mudra Communications  11 26 2008 12:27:16 +0000
Arguments in: "Brands and their names"
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A brand definitely needs to be known by its name and more the powerful better the recall. I agree with Arvind when he says that there is no use in creating a brand when its name is not to be highlighted. Likewise my friend who gave the example of Lifebouy and red soap forgets that it would become a problem if a similar red soap is introduced into the market and the same was to be publicised. Thats where competition steps in. An example to prove this point would be - Financial papers which the world over are yellow newsprint. In india there are four major financial papers - Economic Times, Financial Express, Business standard and Business Line. Out of the four the first three come in yellow newsprint and business line is in white colour. But what is famous here? It is Economic times by virtue of its better brand image and not the other publications.

Another example of the power of a good name for a brand would be Fevicol. In a cliched segment where the primary target audience are illiterate carpenters and hardware store sales men as the first pushers of a product, Fevicol by virtue of its branding and image has managed to survive and do well. So also with Dettol where it has almost become a generic name for antiseptic liquid. How many people go out and buy Savlon which is a similar antiseptic with same type of packaging and colour. Answer is none because the company behind Savlon hasnt spent much on branding like Dettol has.


By Jaygopal Raghavan, Marketing Manager, Landmark Group  | 03 07 2009 16:05:11 +0000
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Dear friends, the very definition of brand says that a brand could be "a name, symbol, color, logo, symbol, piece of music etc" by which one identifies the product of a particular company. Thus, it is not necessary to recall a particular brand by its name. Brands can also be recalled by its logo (like the logo of TATA cars or Hundai motors etc), color (like Maroon for Axis Bank, Yellow and Green combination for Corporation bank etc), piece of music (like, the sound "tin..tin..ti..tin.." the signature of Britannia biscuits or "Laa..la..la..la..laa" for Liril etc.). The bottom line is that a brand should be identifiable and distinguishable by all means and not only by its name.


By M. Sandeep Kumar, Faculty Member, ICFAI  | 02 26 2010 10:11:15 +0000
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Giving a simple example of what my friend said above, I had once visited a village and there people remember Lifebuoy as red soap and not as Lifebuoy as a branded soap. I don't understand how does it matter to be branded or not to be at the end of the day what matters is the revenue. India being a developing country where 60% of the population lives in rural area and the max. revenue for this brand comes from it.

By Chanakant Chougule, Media Planning, Mudra Communications  | 11 26 2008 12:31:49 +0000
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