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Why A Brand Matters


In one sense, perhaps the most important sense, a brand is a promise. Think of some top brands
and you immediately know what they promise: McDonald’s, Coca Cola, Budweiser,
Ford, Apple AAPL 0.28% , MetLife MET -1.86% .You know what you are going to get with
a well-branded product or service. In another sense, a brand is a specific combination of logo,
words, type font, design, colors, personality, price, service, etc. It is also a bundle of attributes.
Think of Volvo, for instance, and your first thoughts are probably going to be something like
“well built, comfortable, Swedish” and, most of all, “safety.”
The promise, look, personality and attributes can eventually acquire a special, what I call “me”
appeal. Buying a certain brand says something about the person who buys it. Apple has that
attribute. So does Prius. The booze and clothing businesses are filled with products with
specific attributes: Cristal, Guinness, Ralph Lauren, Manolo Blahnik.
Geller,L. (2012, May 23). Why a Brand Matters. Retrieved from
https://www.forbes.com/sites/loisgeller/2012/05/23/a-brand-is-a-specialized/#428527e23938

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