Tuesday, 27 September 2011

Branding

Branding is a way of clearly highlighting what makes your product or service different to, and more attractive than, your competitors'. This includes a logo and brand identity as well as associations with other products, brands and programmes. effective branding makes a product stand out as the clear winner, important in competitive markets. a range of methods can be used to make a product stand out, including a particular colour or packaging that competitors dont use, which will create an impression in the customers minds, appealing to their emotional or reasonable judgements. A storng brand will increase value of a product and will apply the same values to each product in a range, making bringing out new products easier, it will also create added value to products. Branding often considers these question -
  • What are we offering?
  • What makes us different?
  • How can our business stand out?
  • What do our consumers want or need?
  • Where is there a gap in the market?
it also includes the companies visions ( whats it wants to do, where its going), values ( the businesses values and ethics, part of Innoecnt Smoothies branding is their strong ethical approach to business ), and personality ( this could be through graphics, colour, language, tone)

Branding for different sectors is very different, but im looking at new business start-ups, start up products often brand themselves to be unique and challenge the conventions of the sector they are starting in, often called "challenger brands"

designing a successful brand -

- graphic design is important in coveying the companys message, like the Nike tick which connotes energy and movement
- brand name - descriptive - the name states what the brand is or what the product or service does, evocative - it suggests associations to the brand without describing the offer precisely, abstract - it makes no reference to the nature of the business
- other design elements - colour, shape, name, sound, typography.

an example of really successful branding is cadburys, their brand identity consists of:
- the deep purple colour - classic cadburys colour, very iconic
- the typography - reflects the creaminess of the chocolate, colour of milk
- british brand - association with coronation street
- slogan - glass and a half full of milk
- shape - unique chocolate shape



 
What have i learnt?
- branding is very important for creating a differentiated product, very important to mke if i look at perceived differentiation and creating a mass product with a brand twist
- branding must be consistent and point to the same values
- branding must consider all the companies values, personlaity and hopes for the product
- my product is likely to be a "challenger brand", challenging the conventions of existing product

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