2. First, let us agree that...
...brand — it’s not a name or a logo.
Brand is an overall idea people have [about something].
(in this case — about Lufthansa)
Logo + name = trademark
(it can be patented and sold)
This is
not a brand.
It’s just a trademark.
Brand is what
springs up
in mind
when you see this.
3. Brand = mental concept. It matters because
ideas determine attitudes and actions of people.
While everybody thought that earth is flat
nobody even tried to circumnavigate it!
5. Name is not a brand.
But name helps a brand to come into being.
From associations a name creates
people make their judgements
about the entity it represents.
Company “Integrated Electronics” shortened its
name to much more attractive “Intel”, and then
started to label products with sticker “intel inside”.
This move attracted customers because products
were differentiated in a meaningful way
and seemed more desirable.
As a result sales grew
and competition was beaten.
8. Name Stalin (from russian “stal” = “steel”) impresses
and creates respect many times more efficiently as Jugashvili.
Was born as:
Ioseb Besarionis
Dze Jugashvili
Became:
Stalin
9. Name — it’s like a hook in your mind.
All experiences and emotions
that belong to a brand hang on that hook .
10. If something goes wrong
company can change its
name and thus get rid of
negative reputation.
11. To sell a brand = to sell a name.
The value emerges from the position
brand possesses in peoples minds.
Position in mind = money and value.
12. Name is at heart of any brand.
If you do not know the name of those tasty apples
how can you ever ask for them again?
14. Name should be super informative.
And at the same time — super short.
15. Name can become a first and
best ad for your brand
because repetition and
repetition and repetition again
and again — advertises.
And what if a name could
communicate your value
proposition to client?
16. Lazy names do not work.
If people do not see their
gains or do not understand
what they are being offered
in a seconds glance —
your chances to sell
diminishes dramatically.
17. Beware of meaninglessness.
If a name does not tell anything, does not
create clarity, does not deliver information or
at least — does not sound interesting — it’s
pretty useless.
18. But finding a good name
is not enough.
You still have to prove
you’re worth it!
19. In the world of
branding it’s not
possible to be who
you’re not.
Brand must be true,
because it’s a
promise. And brand
must keep its
promise and deliver
on it everywhere and
always.
20. Branding — that means
finding your unique competency.
And focusing on it always and forever.