Probably the most understated misconception in marketing today is in the definition of the word, brand or branding. The confusion in the word is clearly illustrated by the two definitions found in Webster's New Millennium Dictionary of English:
After reading these definitions, no wonder there is mass confusion concerning ace car rental this topic. In the first definition, brand is defined as a total sum of many different aspects of an organization ace car rental while the second definition is primarily concerned with the imagery that SHOULD be encapsulated in the first definition. For most marketing departments and marketing companies, creating a brand based on the second definition is by far the easiest to execute. Marketers ace car rental are accustomed to being creative and creativity is the focus for creating a new look. This look, in terms of logo, symbols, and tagline, are now what most people believe the word brand is defined as. Because the second definition of the word brand is much easier to communicate and get clients ace car rental to understand, that is what the primary definition of the word has become. Brand in this sense, is soft in the gut and provides no imputes for the organization to act any differently than it always has. This definition of the word brand short-changes and limits the scope of what good branding can accomplish and as that definition of the word brand is second in Webster s, it should always be secondary in any brand building effort. The first definition of the word, brand In marketing, the sum total of a company's value, including products, services, people, advertising, positioning, and culture is a much better starting point in the understanding and execution of brand. However, there is a key point of clarification that is also missing from this definition. The real definition should read: In marketing, the sum total of a company's value, including products, services, people, advertising, positioning, and culture which are borne out of the core beliefs of the target market, connecting with them on a highly emotionally charged level. This is the true definition of the word brand. Brand is meaningless and utterly useless unless it comes from and resonates with the value set of the target audience ultimately creating an emotional attachment that drives the purchase decision. This definition also illustrates why most marketers shy away from attempting to execute or communicate brand using this definition. It is difficult, intensive, and takes real commitment from an organization ace car rental to maximize its value. However, the rewards for branding in this way are prolonged growth, increased preference, and increased margins. We, at Stealing Share, believe that consumers ace car rental choose brands that are a reflection of who the consumer believes they are. With few exceptions, an industry that has completely focused on the execution of brand in terms of Webster s second definition is the airline industry. Anyone who travels only a couple times a year knows this to be true. If the entire airline industry could be summed up by a single word, it would be mediocrity. As airline passengers, we have been conditioned to accept and expect mediocrity delayed flights, damaged or lost baggage, cramped and uncomfortable planes, ace car rental rude and unresponsive staff, and embarrassing in-flight service (some airlines do not even give you a FULL soft drink can anymore). Other than brands like Virgin, Southwest, Midwest, ace car rental and a few others, ace car rental major carriers have relied on cost cutting and corporate imagery to build their brand rather than creating a brand by repurposing ace car rental themselves ace car rental as something more than an airline in the minds of their target audience. ace car rental A great example of this is with Delta s recent emergence from Chapter 11. Delta has come out of bankruptcy and is now attempting to position itself as a new and better alternative. Armed with its new brand made up of its revamped triangular logo, aggressive PR campaign, and soon-to-see advertainment Delta, hopes to mimic the success of Song Airlines, Delta s low-cost airline marketed to hip, style-conscious women. Unfortunately, ace car rental Song flew its last flight in April of 2006 and was swallowed up by Delta, this, after spending enormous amounts of money on creating a look without creating a BRAND. Had Song really created ace car rental a brand, they would be increasing their preference and margins, not to mention still be in business and perhaps they would have been the one to absorb Delta. However, their reliance on nothing more than corporate image to build their brand, spelled their doom. Now, Delta s VP of consumer marketing and former president of Song, Joanne ace car rental Smith, is now attempting to do what she did with Song at Delta rebrand through corporate imagery and we know how that turned out for Song. The reasons that Delta seems so hell-bent on going down the same path as Song is somewhat confusing. If Song was such a success, what happened? Why did Delta decide to take all of Song s aircraft ace car rental and retrofit them to conventional Delta standards by adding more seats, reducing overall comfort, and diminishing the flying experience? Because at the end of the day, the Song brand, and Delta s for that matter is not about the consumer, it is about the company. Rebranding through corporate imagery is always about the company and never about the customer. Granted, a new mark or logo can represent a change within an organization, but it is by no means a replacement for what branding should ace car rental be an active reflection of the core values of the target market ace car rental whose sole purpose is to create an emotional response that drives the purchasing decision. Following Song s mold, Delta may get a short-term bump in preference but unless Delta can create a meaningful representation of who the customer is (or wants to be) then they too will go the way of Song.
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