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  • Derrick Daye
    Managing Partner
    Email Derrick
    Derrick has spent the past 20+ years helping organizations release the full potential of their brands. His experience is as deep as it is diverse encompassing the disciplines of advertising, branding, sales promotion and public relations. Most notably he has worked with the White House Press Corps, Johnson & Johnson and the National Basketball Association.

    Call The Blake Project - here's my cell:
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  • Brad VanAuken
    Chief Brand Strategist
    Email Brad
    Recognized as one of the world’s leading experts on brand management and marketing, Brad wrote the best selling book Brand Aid, the first comprehensive practical, ‘how-to’ guide on building winning brands. A much sought after consultant and speaker, he writes extensively for the business press and academic journals and is regularly quoted in trade publications.

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« Country of Origin as a Branding Statement | Main | Branding Rally: Place Branding »

March 20, 2007

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Comments

Doug Karr

What's interesting about your post (and I agree with it) is that the consumer is who determines the definition of the brand, not the company.

The Marketer can make changes to their brand - but they must check with the consumer to see whether or not those changes had the desired impact.

Would you agree?

So, in this world of blogs, YouTube, piracy, etc... who actually owns the brand? The company or the consumer?

Derrick Daye

Doug,

Thanks for stopping by. Still celebrating the Colt's Super Bowl win?

Let me begin to share by quoting Wal*Mart founder Sam Walton:

"The customer has all of the answers...and all of the money."

When you detect brands loosing sight of this - sell the stock.

What I'm getting at is brands only exist to meet human needs. Customer needs.

Products are made in factories. Brands are made in the minds of consumers. Daily they take the sum of all experiences with a brand and measure it versus other brand experiences and expectations and then classify it somewhere above the neck.

From its very first customer every brand is classified. Successful brands greatly influence this system of touch with their brands. Those that do not are at the mercy of imagination and hearsay.

So who owns the brand? As in most things in life: The one with the (most) money.

Nancy Adams

I agree that brands, like most things we attach ourselves to, evoke some sort of emotional response in us and this it what causes the attachment. If it's a positive reaction, you've found success.
Unfortunately, this also applies to negative emotions/reactions.
Sometimes, the real challenge is in reversing the negative image.

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  • Benefits of Building Strong Brands
    1. Increased revenues and market share
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    3. Increased customer loyalty
    4. Additional leverage with vendors and retailers (for manufacturers)
    5. Increased profitability
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