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Posted in Community :

Marketing & Branding

 
Started by : Amit Madhav, Senior Consultant, GKC   12 27 2008 10:36:21 +0000
Industry : Management & Strategy ConsultingFunctional Area : Getting Started(Entrepreneurship)
Activity:  26 views;  last activity : 07 06 2010 20:18:09 +0000

What is a brand?

 
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1 Brand is an identity cultivated with lot of passion, innovation, intergrity, commitment and spead.
2 Trademark
3 Perception
4 Color
5 Logo

Brand is an identity cultivated with lot of passion, innovation, intergrity, commitment and spead.

idea posted by Mukul Bhartiya Head-Sales & Marketing(Organic Food Business), Arvind Ltd.

Brand is an identity cultivated with the seed of "best of feature for a segment of consumer" , watered with the "commitment to provide value communicated to them", soil made fertile with "meeting consumers expectation and social aspiration" and quarantined with "continuous feedback, brainstorm, innovate and execute". It is about making consumer believe that the product or service is only meant for them.

Kids know McDonald as their place to eat and enjoy. Pizza Hut is known for their fast Pizza home delivery, Volkswagen is known for safety, Aston Martin is known for speed, Hertz is known for best taxi service in the world, and so on. Every product or service is focussed around a best of features(core competency), with continuous commitment to provide value around that feature to make consumers feel that this is created only for them or it elevates them to next level and continuous effort on the part of the organization to get the feedback, brainstorm on them, innovate to improve and implement. 

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Trademark

idea posted by Ramdas Pawar Sales/BD Manager, Flex

What I have experienced that a brand is a name or trademark connected with a product or producer. It is an important components of culture and the economy, also known as cultural accessories and personal philosophies.

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Perception

idea posted by Amit Madhav Senior Consultant, GKC
From my past experience what I have learnt is that a brand is a perception which is stays in the consumers mind.
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idea posted by Jagbir Singh Senior Consultant, Ernst & Young
People recognize some things because of the color which they had. According to a survey done it was concluded that when certain colors were said people started saying the brand's name, one of the colors which was said was red people started relating it to Radio Mirchi, So I came to the conclusion that a brand can be a color.
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idea posted by amit chaudhry Senior Consultant, IML
Kids in my family recognize Mc Donald by the Ronlado that is made on it, if any of its products does not have Ronaldo on it they hardly believe that it belongs to Mc Donald.
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