Vanity Fair Discusses Personal Branding
......................................................................................................................................................................
A recent article in Vanity Fair Magazine by contributing author, James Walcott, titled, What’s a Culture Snob to Do?, discusses the current dilemma facing Culture Snobs caused by the pervasive effects of technology. In our society today, many people personally brand themselves by the material possessions they own. The book you read proudly while riding on the bus; the CD collection waiting to be perused by the next passenger that hops into your car; and the DVD collection that is displayed on the shelves in your home waiting to be fawned over by the next house guest, are all outwards displays of your inner being. Whether or not you would like to admit it, our society is quick to make snap judgments about a person’s character based upon the book titles seen in the arms of their readers. This judgment serves as a bit of a Read more
The Power of a Brand Name
Image from www.taglines.org
......................................................................................................................................................................
What makes a great tagline? Is it longevity; has it endured the test of time? What about influence; has it exercised influence on our culture, media, and language? Or maybe is it originality; has it set new trends or broken through barriers in the advertising industry?
Most likely, it’s a combination of all the above. However, the ten great taglines below follow a different criterion: they each include the company’s name somewhere within the tagline. Take a look at the list below; I’m sure you’ll recognize the power of the brand name.
You’re in good hands with Allstate. (1956) | Allstate Insurance |
There are some things that money can’t buy. For everything else there’s MasterCard. (1997) | MasterCard |
Please don’t squeeze the Charmin. (1964) | Charmin |
Come alive! You’re in the Pepsi generation. (1964) | Pepsi |
Have a coke and smile. (1979) | Coca-Cola |
With a name like Smucker’s, it has to be good. (1962) | Smucker’s |
Nothing comes between me and my Calvins. (1979) | Calvin Klein Jeans |
Yo quiero Taco Bell. (mid-1990s) | Taco Bell |
The few, the proud, the Marines. (1991) | U.S. Marines |
Don’t get mad. Get GLAD. (early 1980s) | Glad |
By Kelley Blakewood
Hospital Branding
Have you ever asked yourself how hospitals in your city seem to be everywhere these days? Here in Charlotte some have commented on how Carolinas Medical Center went from one hospital in the center of the city to a network of centers all across town. There is even a CMC branded facility in a newly built YMCA down by our office. In the last few months hospital administrators have tapped our brand consultancy to provide insights on strategic branding plans.
According to a recent article, there are four ways most hospitals across the country are achieving brand recognition. The first is through specialization. In this scenario focus is placed on building a practice around a very specific niche and all the communications reinforces that area of expertise. If an ailment comes up having to do with that specialty, a properly executed brand message would reinforce how specialization is synonymous with being the best in treating the condition. The Cancer Treatment Centers of America comes to mind in such a scenario.
We have also observed organizations, such as HealthSouth and Kindred, utilizing their master brands across multiple locations. No matter where you go, the same brand seems to remind you who the dominant healthcare player is in the area. Repetition of a brand identity is known to establish high levels of brand recognition under unaided market research. A new building brings with it a new place to expose the name.
Similar to the previous strategy, some medical groups have decided to build a brand in multiple directions. In this method multiple practices across numerous specialty areas are acquired and during the brand transition the previous brand goes away while master brand takes priority. The thought process here is to have your target audience think of you first when they get sick regardless of medical condition.
A fourth option can be illustrated by examining The Mayo Clinic and Cleveland Clinic. The two have extended their brand well beyond the physical territory they serve with the establishment of a technology partnership. Mayo has a venture with Microsoft and Cleveland with Google. In this type of collaboration all parties benefit by providing target audiences with an online tool featuring healthcare resources in what is perceived as trusted brand names.
If we think ahead don't be surprised to hear about future branded partnerships when it comes to the new online personal health records being proposed.
Contributed by Ninh Nguyen
Lowe's Says 'No'
Last year, the Concord, NC street that takes hundreds of thousands of racing fans to Lowe's Motor speedway was re-named Bruton C. Smith Boulevard in honor of the Speedway Motorsports Inc. owner. Next year, the track itself will undergo a name change as well. On Thursday, Lowe's announced that it will not renew its naming rights for the Concord speedway.
Lowe's brokered exclusive naming rights with SMI in 1999, making Lowe's Motor speedway the first major naming-rights deal of a NASCAR track. The partnership has been viewed by many as a success, as the fairly young Lowe's brand has enjoyed exposure to millions of NASCAR fans for nearly a decade. But, but as priorities and budgets shift to survive in the recession, so too will the marketing resources of the company.
According to a NASCAR press release, SMI owner Bruton Smith expects the track to work to find a new title sponsor. If a new sponsor can't be found, the track's name will revert to Charlotte Motor Speedway.
Of course, this is not the only corporate sponsorship to dissolve within the past year. Professional sports across the board are having more trouble holding on to their lucrative deals with companies, specifically those in the financial and automobile industry. With this decline, yet another reflection of a downturned economy, might we see the pendulum swing back to a world of stadiums and fields without corporate monikers?
If so, which sports venues would you like to see returned to their original names?
Contributed by: Maghan Cook
My Bank? Or My Best Friend?
......................................................................................................................................................................
While flipping through a recent magazine, I was caught off guard by a pretty lilac background and the name Ally in elegant cursive writing. After initially dismissing the name as either an oral contraceptive or a weightless supplement, I realized that Ally was neither of the above. Ally was actually a bank (the former GMAC bank rebranded.) The quandary raised two important questions in my mind. When did we start adding emotional attachments to the names of financial institutions? And more importantly, when did my bank become my best friend?
As Steve Martin pointed out in his recent comedy routine, if you are going to name a bank, it’s got to be something big and strong like Security First Trust and Federal Reserve. The comedian went on to explain that, you have to name a bank like that because nobody wants to put their money in ‘Fred’s Bank.’ It feels like Fred can just walk up to you and say “Hi, I’m Fred, I have a bank. You got $1500? ”
I must say, I have to agree with Martin on this one. Typically, I am a fan of emotional branding. However, when it comes to banking and money, let’s leave our friendships out of it.
By Kelley Blakewood
Daddy, May I Borrow Some Money to Buy a New Car?
......................................................................................................................................................................
With so many brands cluttering the marketplace, it can be difficult to stand out. Many marketers have realized that it is much more beneficial to talk to consumers before brand loyalties have formed. It is easier to help form a brand loyalty with a product from scratch rather than try to convert an already brand loyal consumer, hence the emergence of Read more
Brand Your Bugs
As consumers are looking for more natural solutions to implement within their lives and specifically within their healthcare choices, probiotics are emerging as a hot new trend. Probiotics (translated as "for life") refers to the "good" bacteria that are included in dietary supplements or food products.
This "good" bacteria found in our adult bodies has been shown to assist with digestion, produce vitamins, regulate the immune system, and help the body stave off the "bad" bacteria. The dominant population consists of strict anaerobic bacteria: Bacteroides, Bifidobacterium, Eubacterium and Peptostreptoccocus.
Consumer companies are getting into the bug business by branding and marketing specific strains of this good bacteria as an ingredient brand in their yogurts, juices and supplements.
Take a look at some current offerings:
- Align has a new presence in the media by touting its "Bifantis," which is a neologism that truncates the scientific name of the bacteria: Bifidobacterium infantis 35624.
- Activia has been on the market for several years and recently utilized Jamie Lee Curtis as the "Activia Lady." Their primary ingredient is "Bifidus Regularis" from the Bifidobacterium animalis DN-173 010 strain.
- NakedJuice bypasses the direct reference to bacteria altogether and uses simply "Probiotics" on this product within their lineup. It's interesting that they refer to probiotics as the "friendly, live active cultures."
- Attune Foods offers two probiotics bars, and takes it a step further by reinforcing the idea of a daily nutritional value with "daily probiotics."
- Bio-K+ utilizes a strictly scientific approach, through both their core brand name and the product names. CL1285, available in capsule, fermented milk, and dairy free forms, is a bacterial probiotic culture containing the unique and patented formula of L. acidophilus and L. casei.
- Finally, check out GoodBelly Yogurt & Juice. These products use the mark "Lp299v," which refers to Lactobacillus plantarum 299v. No emotional benefits present in this ingredient name; the company uses their core brand to communicate the end result of the product.
What do you think? Does branding bacteria with an emotional name versus a scientific one make you more inclined to try a probiotic product?
Swim at your Own Risk
......................................................................................................................................................................
Shark Week Returns
Summer vacation is drawing to a close, and the start of a new school year is just around the corner. Hopefully you have been able to take a nice, relaxing trip to the beach ... and survive. The time has come again for the annual terrifying, yet thrilling, Shark Week on the Discovery Channel. The 'fear returns' on August 2nd, 2009 with an action packed week filled with informative shark facts, attack stories, myths, shark tracking strategies, and much much more.
Conveniently enough, our family vacations usually fell around the first week in August, the general time for Shark Week to be aired on the Discovery Channel. Nothing says relaxation like curling up with a blanket and popcorn watching shark attack stories, only to fearfully head out on a boogie board the next morning. You know you have seen enough Shark Week when a plastic bottle floating atop the water sends you running out of the ocean shrieking with fear, convinced that the fin of a Great White Shark was lurking in your direction... Especially when Read more
Technology Brands Help Edge Out the Competition
......................................................................................................................................................................
Addison Whitney has two new names and logos to add to its portfolio in the running world: StabilicoreTM, which is a technology brand for New Balance shoes, and Aceba, a Dry Lubricant used in Asics Chafe FreeTM products.
For those who think that Nike is supreme when it comes to athletic footwear, runners will tell you a different story. Runners are very loyal to brands that work, and Asics and New Balance have emerged as trusted names for those who hit the pavement every day.
A quick poll of AW’s running group, “Brand, Sweat and Tears”, revealed the following insights about running brands:
- “I am more loyal to technologies than I am to master brands”
- “I don’t care if it’s popular- I care if it has got the specifics that I need! (e.g. high-arch support)”
- “If I find a technology that works for me, I am more likely to buy other items from that brand (the shoes fit, why not buy the matching shorts and tank!)”
Palm says no to "O"
Just when you thought you had the latest and greatest Smart Phone on the market, along came the new >Palm pre. Available exclusively to Sprint customers (for now), the pre is Palm’s answer to the iphone. The phone rocks a 3.1 inch touch screen, WiFi and 3G connectivity, web browsing, Microsoft Outlook access, GPS, camera, and a QWERTY keyboard that slides beneath the screen—optimal for serious texters looking to avoid the error filled messages spit out by the combination of big fingers and small touch screens. Former iphone owners say the best thing about the pre is the ability to run multiple applications at one time.
But most unique to the pre, perhaps, is the name itself. Palm’s current handset lineup includes the centro, treo and treo pro. The “-o” on the end of each name seems to be an intentional nomenclature strategy. So did Palm ditch the “-o” for good? Probably not. My guess is they went with a standout name for a standout model. The meaning of the word “pre” offers a lot of creative potential in terms of concepts that are relatively transparent. Whereas preo sounds more like a car, and maybe does not differentiate the new phone quite as effectively from its predecessors. So no hard feelings, "O", I'm sure it's only temporary.
Contributed by Laine Beyerl