Thursday 13 October 2016

What's in a brand?

Brands generally include a name and (in many cases) a symbol/logo. Branding identifies and communicates what the branded product stands for so customers can recognise it. Ultimately, marketers want consumers to understand the brand's identity and its meaning, respond to it and have an ongoing relationship with it via brand loyalty and repeat purchasing (see Chapter 8 of my Essential Guide to Marketing Planning).

If you've ever walked past a Marks & Spencer store, you know that the brand shown above the door is distinctive. The website shortens the name to M&S, but the typeface is the same as on the name above the door. Over the years, M&S has changed the look of its brand name, but the brand still stands for values like quality, choice and innovation.

Now some brands are trademarking words that they've used over and over in adverts. Specsavers, the well-known eyewear retailer, was able to trademark the word 'should've' which it uses in its adverts, as in the catchphrase 'should've gone to Specsavers'. This legal protection ensures that no one else will be able to use that particular wording for marketing purposes. Essentially, 'should've' becomes part of the brand associations for Specsavers.

Changing a brand symbol or logo is a big deal. BT is reportedly making changes to the look of its brand. Instagram changed its look earlier in 2016, with mixed reactions. Once people become accustomed to a brand or logo, and are loyal to that brand, not all will have a positive reaction to changes.