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A paper discussing brand management.
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Alexis Glears
JAC 230
March 1, 2011
The Management of Brands
Before Justin Beiber became the teenage heartthrob that young girls love today, he was just another kid with a YouTube video and a dream. The catchy songs, a hit new movie, and even his signature haircut has allowed Justin to create this image of a commercial teen idol. Through the use of a successful marketing technique called branding, Beiber has thrived in the competitive music industry. Branding is a marketing technique that allows creativity, produces a relationship with the consumers, and is very persuasive. Because of these reasons, branding is effective and creates successful products.
Creating a brand works so well in a capitalist economic system because it calls for a free market. Sellers are allowed to sell as many of any type of product as they would like and buyers can choose from these options. This makes it a competitive market. A product can be branded in a way, shape, or form by any means necessary for their consumers to believe that it is the right brand to choose. By creating a brand for the company or product, it allows consumers to see their values. It tries to “associate with the brand a set of attributes, emotions, symbols, activities, and behaviors in consumers’ minds.” (O'Barr) For example, a company may reduce the size of their water bottles. Then, they market this as being eco friendly to display their values in the environment. A more specific example would be NASCAR’s alcohol advertising policy. NASCAR is famous for auto racing and the big advertisements that companies place on cars. As people are watching their favorite racer speed around the track, they are constantly watching a company’s logo and possibly remember that company when shopping at their local grocery store. NASCAR has a firm stance on not only drinking and driving but for underage drinking as well. No driver that is under the age of 21 is allowed to drive a car with alcohol advertisements displayed on the car. People will recognize this value and continue to support their brand because of this. With these common values that are shared culturally, companies can bond with consumers over a cause which forms a much needed relationship between the company and the consumer.
A relationship connects two entities together with a similar or related purpose. In the case of companies and consumers, this all changed after the production era of the early 20th century. Before, there was a shortage of goods and products available so consumers were forced to buy what was sold. There wasn’t a lot of competition so they only had the option to buy from that one company. Also, producers were “unknown to consumers.” (O'Barr) As companies started mass producing, competition developed and companies needed a way to separate themselves from all others. Branding was a great strategy for doing this. Companies started to brand themselves as consumer friendly. Burger King said it best with their slogan “Have it your way.” Marketing strategies that attract and keep more consumers were being developed that made it more easy and efficient to choose their brands over others. They positioned themselves as a brand that was for the best interest of the consumer. By doing this, consumers feel as if they are important and have influence in the company. This positive relationship creates brand loyalty and customer retention.”Good name certifies good quality.” (O'Barr) Consumers will remember this great treatment that they received and will return to this company for future
Alexis Glears
JAC 230
March 1, 2011
purchases. Companies make programs like frequent flyer miles, free store-‐to-‐home shipping, and coupons to gain this desired loyalty. It’s all about how the company treats the consumer. Apple is a good example for this brand loyalty. They started with the creation of the first personal computer. They branded themselves as the cool and hip computer company. This brand prospered in comparison to the big, bulky, and older competitor PC. Everyone wants to have the freshest and new technology that is in the market. Apple created their brand around this concept. When they created a green marketing plan of recycling used Apple products, they gave customers money back and a percent off their next Apple purchase. Small initiatives such as these make the customers loyal to the brand. When they see an Apple product they will most likely choose it over a competing brand. They will consequently not even try to explore other options due to their consistent satisfaction with Apple products. They trust Apple will continue to serve their valued customers like they had in the past. Because of this close relationship and brilliant advertising tactics, companies make persuade consumers into believing that their products are the most effective.
The goal of advertising is to make the consumer to purchase, want, or take action on your product. Brand marketing further enhances this sense of need for the product. By marketing their brand as the best in the market, companies must persuade you to believe that the competition doesn’t compare. Fast food companies such as McDonalds, Burger King, and Wendy’s have been rival companies for years. They constantly produce ads that claim they have better quality products and provide faster and better service compared to their competitors. They use slogans like Wendy’s “Fresh never frozen” and “You know when it’s real” campaign. They were claiming that all the other competitors make their food from frozen products and simply warm them up for their customers. Companies will do whatever it takes for customers to choose their product over another. “Manufacturers attempted to differentiate their products from the competition by placing trademarks on them and making claims on packaging and in advertisements about the unique qualities of their brands.” (O'Barr)
In conclusion, brands are an effective marketing tool that altered the way the marketing and advertising world operated. It allowed the market to be creative and differentiate itself. Producers were “unknown to consumers.” (O'Barr). I personally believe brand marketing is the best way to market a product. People like personality. They relate to brands that have the same values and beliefs that they stand for. Unless the generic brand is cheaper, they usually associate brand names with quality. They have substance and brand equity.