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  • Derrick Daye
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    Derrick has spent the past 18 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.

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  • Brad VanAuken
    Chief Brand Strategist
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    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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« Bubbly Market is One Big Paradox | Main | What the Google Brand Teaches Us »

September 10, 2008

Branding: Just Ask...

Richard, a Marketing VP in San Diego asks:

"What are your thoughts on when a brand name like Xerox becomes the generic term for photocopying?"

Richard, thanks for asking. That a brand name becomes the category descriptor is a double edged sword. While it is flattering that the brand has such a presence in the market that it becomes the name for the category, this also makes its name much more difficult to protect legally. Also, the brand's points of difference disappear as the category becomes synonymous with the brand. The way to address this is to always say "Kleenex branded facial tissue," "Xerox branded copiers," "Band-Aid branded adhesive bandages," etc. Question 14 in appendix C in Brad's book Brand Aid lists many brands that have become category generic descriptors.

Have a question related to branding? Just Ask…

Sponsored By: Brand Aid

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Having the consumer always link your product/product category with your brand is essentially the ultimate goal of any branding campaign. Though there are drawbacks like the ones listed above, the benefits far outweigh the costs. Often, consumers are willing to pay extra for the more popular brand. Thus, having such a high status entitles a brand to charge more for its products.

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Top Ten

  • Benefits of Building Strong Brands
    1. Increased revenues and market share
    2. Decreased price sensitivity
    3. Increased customer loyalty
    4. Additional leverage with vendors and retailers (for manufacturers)
    5. Increased profitability
    6. Increased stock price, shareholder value and sale value
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