Friday, February 10, 2012

Choosing a good brand name...


There are several very important factors that marketers must consider when selecting a brand...
1. The name should be easy for customers worldwide to say, spell and remember. Short and simple brands with the same word meaning worldwide usually satisfy this requirement, such as the laundry detergent, Tide.
2. The brand name should indicate the products major benefits and suggest in a positive way the products uses and special characteristics; negative or offensive references should be avoided. Research shows that names that produce a positive benefit are more likely to be bought. Such as Dirt devil, which indicates it, cleans up any dirt, versus a name that has nothing to do with cleaning, like the new vacuum, the Dyson ball.
3. The brand should be distinctive. Without a distinctive brand, it will not stand out from all the other products. Marketers should find a brand name that is compatible with all products within their product line.
4. The brand should be designed so it can be used and recognized in all types of media. Whether through the radio, TV, or conversation the brand should be easily recognizable. Such as the McDonalds, "golden arches."
Brand names are tricky and many companies have special teams that create these names.
What do you think the best brand name or symbol is? Why?

In response to Christine's post...


Question: Do you think showing the ads before the game was a good marketing strategy or not? 
Personally I think that showing the ads before the Super Bowl wasn’t the best marketing strategy, but then again it could of helped promote. Other people could of told their family members or friends about these ads, making them want to watch the Super Bowl just so they could see how good the ads really were. But they could of just looked at the ads on the Internet. I believe that they shouldn’t change how things have been done for years. Changing the tradition messes things up; old ways tend to work better and by changing things causes problems and issues. I think that the commericals and ads should be a surprise just like in the past years. This was one of my favorite ads from the Super Bowl. What was your favorite 2012 Super Bowl Ad? How do you think they came up with the idea in showing the ads before the game fit in the strategic planning process?
http://www.youtube.com/watch?v=2-FCzvq984k&NR=1&feature=endscreen