A Brand

August 30, 2010 § Leave a comment

In a recent post i talked about branding, but I didn’t mention the importance of a brand

Here are some quotes and important notes about BRANDS

An interviewer once asked John Stuart (chairman of Quaker Foods) what would he drop in the business were to split up? and he answered:

If this business were split up, I would be glad to take the brands, goodwill and trademarks, and you could have all the bricks and mortar – and I would fare better than you

If you care to analyze this quote, you’ll realize that he is speaking about loosing all the plants, and distribution… does this really make any sense?

There is a case study in Venezuela about a Soda Bottling Company that went from producing one of the cola giants to the other in a couple of weeks. The deal was in August 1996 when Mr. Cisneros went from managing Pepsi (since 1940 and it’s 80% market share) to bottling Coca-Cola. It took almost 5 month for Pepsi to find a new bottling partner (Empresas Polar) but after rebuilding the distribution it manage to recover 35% of market share (now to about 45% SOM).

.

Pepsi didn’t recover the market share it once had (its true) but, only a great brand could have recover 35% share of market against Coca-Cola.

.

But, what is a brand?

A brand is the ‘personification of a product, service, or even entire company’.”

Robert Blanchard

A brand for a company is like a reputation for a person. You earn reputation by trying to do hard things well.

Jeff Bezos

Next to our products, the brand is the second strongest pillar for our success. It delivers the emotional added value that is very important for our customers.

Jan-Christiaan Koenders, BMW

SO, IS COCA-COLA THIS?

NO!!!!! This is the logo, the image, the name…. Coca-Cola’s Brand is VALUE (worth 68,734 $m) and it is the number 1 valued brand of 2009.

According to Interbrand’s methodology, a Brand’s Value is measured by forecasting the brand’s revenue, which is analyzed to value the impact that the brand has in those numbers, obtaining the brand’s earnings, and then applying a “brand strength score” factor (include relevance, leadership, market position, diversification, trends, stability).

A brand’s value is “a financial representation of a business earnings due to the superior demand created for its products and services through the strength of its brand”. A link to the complete report is included at the bottom of this post.

Advertisements

Tagged: , , , , , , , , , , , ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

What’s this?

You are currently reading A Brand at Marketing according to Tavo.

meta

%d bloggers like this: