Brand - The Identity of the Company

Posted: Sep 15, 2009 |Comments: 0 |

In modern term brand means identity of a product, service or company. A brand is a name or trademark connected with a product, service or organisation. In these days brands have become increasingly important components of culture and the economy. A brand is a name, term, design, symbol, or other feature that distinguishes products and services from competitive offerings. A brand represents the consumers' experience with an organization, product, or service. A brand is more than a name, design or symbol. Brand reflects personality of the company which is organizational culture. A brand has also been defined as an identifiable entity that makes a specific value based on promises made and kept either actively or passively.

Types of Brand
The act of associating a product or service with a brand has become part of new culture. Most products have some kind of brand identity, from common table salt to designer jeans. Accounting 24x7

* Descriptive brand names
It assist in describing the distinguishable selling point(s) of the product to the customer (eg Snap, Crackle and Pop or Bitter Lemon).

* Associative brand names
It provide the customer with an associated word for what the product promises to do or be (e.g. Walkman, Sensodyne or Natrel)

* Freestanding brand names
It have no links or ties to either descriptions or associations of use. (eg Mars Bar or Pantene).

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First ever Brand or Trademark of the World
Bass & Company, the British brewery, claims their red triangle brand was the world's first trademark. Lyle's Golden Syrup makes a similar claim, having been named as Britain's oldest brand, with its green and gold packaging having remained almost unchanged since 1885.


Evolution of Brand
Brands in the field of mass-marketing originated in the 19th century with the advent of packaged goods. Industrialization moved the production of many household items, such as soap, from local communities to centralized factories. When shipping their items, the factories would literally brand their logo or insignia on the barrels used, extending the meaning of "brand" to that of trademark.


Factories established during the Industrial Revolution, generating mass-produced goods and needed to sell their products to a wider market, to a customer base familiar only with local goods. The packaged goods manufacturers needed to convince the market that the public could place just as much trust in the non-local product. Campbell soup, Coca-Cola, Juicy Fruit gum, Aunt Jemima, and Quaker Oats were among the first products to be 'branded'.

Around 1900, James Walter Thompson published a house ad explaining trademark advertising. This was an early commercial explanation of what we now know as branding. Companies soon adopted slogans, mascots, and jingles which began to appear on radio and early television.

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