CONTENT:
WHAT IS BRANDING?
WHAT IS BRANDING?
- HOW IMPORTANT IT IS ? EVEN FOR A TECH GIANT LIKE MICROSOFT !
- WHAT IS AN IDEAL BRANDING & ITS INGREDIENTS?
HOW DID APPLE BECOME ‘THE APPLE’?
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WHAT IS BRANDING?
Now what does ‘branding’ refer to?
Branding is simply the way
you present yourself or your company.
Brands convey a uniform quality, credibility and experience.It is a company's face to the world and the way it is perceived by its customers.
Brands convey a uniform quality, credibility and experience.It is a company's face to the world and the way it is perceived by its customers.
HOW IMPORTANT IT IS?
The best example I can think
of for this is the Microsoft’s nightmare regarding their entry in 'mobile market'. Today, Microsoft , in spite of being the largest Tech Giant, struggles
miserably for a better grasp in the mobile market where iOS and Android are the
leaders. The sole reason was the lack of their branding strategies, the way it
needed to present their ideology to the world.
But, the present scenario is
getting better ever since our Indian technocrat and Business Magnate, Satya Nadella has taken over Steve Ballmer lately. He has completely transformed the
whole ‘Microsoft’ in terms of what it stands for today! The biggest step
being the acquisition of Nokia which now becomes their flagship platform for
all their products and services. What adds to this is the changeover that
they brought with Windows 8 which seamlessly runs in both PCs and mobile/tablets.
Moreover, the very culture in all its corporate environ has also transformed to
boost up positive synergy. All these sounds quite good actually,
and let’s hope it really is, after all it’s also a matter of pride in India as
far as its CEO is concerned.
Well, ‘branding’ can be defined but, its execution and implementation can’t be well defined actually.
What are its ingredients?
--Think analytically. A brand should provide something that audience wants and is not
getting from your competitors.
--Don't try to
appeal to everyone. The best you can do is to focus on the perfect market for your product.
--Know who you
really are. Know your strengths and weaknesses through honest analysis of what
you do best or rather a +SWOT Analysis .
--Fully commit to
branding. Treat all functions of the company, from product development to sales,
as integral aspects of your brand.
Apple's
brand is a great example of what an ‘ideal branding’ is. The Apple logo is
clean and elegant. At a certain point in time, the company
began to use the apple logo mono-chromatically (as opposed to the rainbow
stripes), signaling a new era for Apple. Smart Branding allowed the company to
clearly communicate a change in direction while continuing to build its
reputation. Think about how you've seen the brand in advertising, trade shows,
packaging, and product design. It's distinctive and it all adds up to a
particular promise: Quality
of +Design and ease of use.
Today,
Apple simply stands for perfection, in terms of both hardware and software! Hence
this becomes our perfect example for and Ideal
Branding.
''Simplicity is Sophisticated. The more one tries to simplify, the more sophisticated it becomes.''
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