Discuss on the 7 element for creating a brand identity.
Brand Identity represents how an organization wants to be apparent in the market. An organization communicates its identity to the customers by its marketing and branding strategies. A brand is distinctive because of its identity as it entails brand culture, brand vision, personality, relationships, positioning, and presentations. Brand identity is a collection of functional and mental associations with the brand. Brand identity is considered as the total promise that an organization makes to the customer (Jung and Sung, 2008). It is an attribute linked to a specific company, service, product or individual. It is a way of superficially expressing a brand to the world. This essay will elaborate the 7 elements for creating a brand identity for the purpose of making a better understanding of brand identity.
Memorable
The first element for brand identity is memorable because it is required for the business to focus on increasing awareness as it is necessary means that consumers know about the subsistence of the brand and can also remind what category the brand is in. According to Huang and Sarigöllü, (2014), the lowest level of awareness is increased when the customer has to be reminiscent about the existence of the brand name, and that it is being a component of a specific category (Lucid Press, 2016). It is essential for the company to create the brand after analyzing the understanding and acceptability of the audience so that people can understand the meaning of brand and aware about the brand existence (Wheeler, 2010). The created symbol of the brand should be easy to understand for the audience so that they can easily identify about the brand which can be promoted with the help of advertisement. The script of advertisement should be clear and concise so that customer can attract easily (Tripathi, 2014). For instance, Maggie is more focused towards making a good and innovative script for the customers so that they can attract towards having Maggie. In the context of recall, Samsung is great example because it was engaged in a global recall for the Galaxy Note 7, which the company primarily willingly recalled in early September when a key battery drawback caused a tiny range of the phones to impulsively explode and sometimes burst into flames, leaking dangerous chemicals which were created the bad image of the brand in the view of outsiders.
Meaningful
The second and major component of brand identity is meaningful that defines company need to select good option for the promotion as it is required for the company to attract a number of potential customers. According to the Keller’s brand equity model, after getting aware of the brand, customer get eager to know more about the brand. For instance, Google brings facility of recognizing the voice in every language; this will force the customer to try at once because they know Google and their performance. The meaning of the brand should be cleared and meaningful to the customers (Kuhn, Alpert and Pope, 2008). URL is a contraction for Uniform Resource Locator and it is considered as a resource on internet. It has two components such as Protocol identifier and the resource name. Easier URL shows the brand is rick enough to buy it. Easy readability enhances the chances of more visitors. That is why people randomly open Googl.com just to check in internet is working or not. On the other hand easy URL help people to visit again and again that increase the brand popularity. Yahoo was good brand to build a memorable brand and URL (Keller, Parameswaran and Jacob, 2011). Yahoo name was given by Jerry Yang and David Filo after thumbing by the dictionary for words that began with “ya”, the universal figured contraction for “yet another.”
The vision of the company should be cleared at the time of putting efforts into making the good identity of the brand. It shows that what are vital to the company as the vision of the company are culmination of the goals and the central mission of the company, on the other hand, the features of the brand that will permit those objectives to be met most efficiently. For instance, the vision of the nonprofit organization could be “ending hunger”, and the values could be a focus on community empowerment, education, and personal motivation. The vision of the company can be demonstrated and repeated subtly, at the same time as the values should become apparent through the use of language and the presentation of the ideas. For any kind of personal brand to develop, it should be visible to a crowd of people. That entails it is required for the company to become more advanced for the company and the marketing the brand of the company on the web (Keller, Parameswaran and Jacob, 2011).
Linkable
The human brain is designed to absorb things in various aspects, be it audio, visual, mixed or anything else, but one thing is for sure that anything which needs to be advertised should have the ability to get linked with the feelings and thought the process of the targeted market. And adding some fun in form of humor is a trick that works always. People will recognize brand in a more efficient manner if it is linked with fun and interesting fact. There is an example of McDonald because it makes its brand identity by making joker image which is the sign of fun and interesting thought. KFC is another example in which “The Colonel” is one of the most recognized brand icons of the World. The logo and symbol has huge importance in making good brand. It attracts number of the customer towards the restaurant for experiencing the food quality. A strong symbol or logo is valuable in the entertainment industry of the fervent feelings that names develop as a consequence of pleasurable past experiences in such context Harry Potter’s example can be taken (Craig, Dibrell and Davis, 2008). The brand value of the brand is increased due to the involvement of the rich visual and verbal imagery. It has been found that the Coca-Cola, IBM, Microsoft, Apple, GE, Toyota, McDonald and many more brands have a great value of brand in the market. At the same time, some seemingly invincible brands such as General Motors, Xerox, Montgomery Ward and Polaroid have run into challenges and their difficulties have been seen in their market pre-eminence challenged or even lost. It has been found that the brand image can put positive as well as a negative influence to the people. There is an example of Coca-Cola when people go against for brand and said that Coca-Cola sued for ‘false and misleading marketing’ of sodas. This news has a negative impact over the sales of the company that being the major cause of decreasing sales for the company (Da Silveira, Lages and Simões, 2013).
Transferable
Transferability evaluates the extent to which the brand element includes to the brand equity for new products or in new markets for the brand (Wang and Yang, 2010). In broad, the less specific the name, the more easily it can be transferred across categories. There is an example of Amazon that signifies an enormous South American river and hence in the form of the brand it can be effective for a variety of various kinds of products. In the context of Books “R”, Us would not have handled the similar flexibility if Amazon had chosen that name for the purpose of describing its original line of business. The top marketers have encountered in interpreting their brand names, packages and slogans into other languages and cultures (Ghodeswar, 2008). There is an example of Microsoft that had to face a challenge at the time of launching its Vista operating system in Latvia, because the brand name refers ‘frumpy women’ and ‘chicken’ in the local language.
The brand equity should be created after considering the leverage secondary associations. Brand associations might be connected to another unit that has their own associations, building these secondary associations. For instance, the brand might be connected to specific source factors, such as the company (by branding strategies), other geographical regions (by identification of product origin) and channels of distribution (by channel strategy), along with that other brands (through co-branding), spokespeople (by endorsement) or some other third party resources by reviews and rewards. It has been found that the brand becomes recognized with another entity, even though this entity might not openly regarding the performance of the product or service, customers might deduce that the brand shares associations with that entity, hence producing indirect or secondary associations for the brand. The brand identity should be created by the company with consideration in handling brand equity which is identifying and accounting various kinds of customers in just beginning branding and marketing programs (Cui, Hu and Griffith, 2014). In increasing brand overseas, managers require to create equity by depending on explicit knowledge regarding the experience and behaviors of the market segments. There is an example of some brands such as Converges, Nike, Louis Philippe and many more that make branded clothes as per geographic boundaries.
Adaptable
The major consideration for brand elements is their adaptability over time. Due to changes in the values and opinions of the customer, or simply because of a need to remain contemporary, most brand elements must be updated. It has been analyzed that the brand can be updated in the easiest way if it is more flexible and adaptable. For instance, characters and logos are able to give new design and look to make them more relevant as well as modern. It is hard to manage or evaluate the marketing failure (Balmer, 2008). There are some examples of global branding such as when Braniff translated a slogan flaunting its upholstery, ‘Fly in leather,” which meaning in the Spanish language is “Fly naked.” There is another example in which Coors company put its slogan, “Turn it loose,” into Spanish, where it was interpreted as “Suffer from diarrhea.” Jingles are considered as the musical message written around the brand that helps in increasing the brand awareness. There is an example of Kit Kat candy bars in which the familiar “give me a break” jingle has been sung in advertisement since 1988 which made this brand more popular in US.
Protectable
It is the final consideration is the degree to which the element of the brand is protectable in which both in a competitive and legal sense. It has been analyzed that the marketers must select brand elements that can be legally prevented internationally. In the second term, it can be said that it should be formally registered with an effective legal body and dynamically protect the brand is performed trademarks from not permitted competitive breach. Packaging should be considered by the company in making brand identity and must attain a number of objectives such as identity the brand, facilitate product protection and transportation. It has been found that people associate brand with colors such as Coca-Cola’s red and Amex’s blue.. Along with that, it is essential for the brand to be consistent across the board which would be helpful to maintain the good bonding with the customers for a long time.
The requirement of legally preventing the brand is performed by the billions of dollars in sufferers in the US alone from the illegal employment of patents and copyrights. It has been found that there is another consideration in which the brand is cut-throat preventable (Naik, Prasad and Sethi, 2008). The advantage of it is that the company would not face any issues in case the company is bound with legal terms, on the other hand, the illegal contract may lead the company into adverse situation. It has been found that the name and other kinds of attributes can be easily copied; much of the exclusivity of the brand may evaporate. For instance, regard as the once red-hot ice-beer sort. Even though Molson Ice was one of the untimely entrances in the group, it rapidly lost its original benefit when Miller Ice and what later on develop into Bud Ice were initiated. Marketers are required to reduce the possibility that competitors can produce an unoriginal based on the product’s own basics (Wheeler, 2017).
Conclusion
It can be concluded that the brand identity is necessary for the company to increase the sales in the market. The critical discussion has been made on seven elements in this essay which expressed the effective way of creating an identity for the brand. It has been found that brand awareness is a vital component of the brand identity. There is an example of Apple which is quite simple but well-known word due to its distinctive product category. It has analyzed that the brand name would be remembered, extremely evocative of both the invention class and the exacting settlement that served as the beginning of its positioning, intrinsically fun or attractive, rich with inspired prospective, convertible to a extensive diversity of product and geographic settings, durable in meaning and pertinent over time, and powerfully protectable both legally and competitively
References
Balmer, J.M., 2008. Identity based views of the corporation: Insights from corporate identity, organisational identity, social identity, visual identity, corporate brand identity and corporate image. European Journal of Marketing, 42(9/10), pp.879-906.
Craig, J.B., Dibrell, C. and Davis, P.S., 2008. Leveraging family?based brand identity to enhance firm competitiveness and performance in family businesses. Journal of Small Business Management, 46(3), pp.351-371.
Cui, A.P., Hu, M.Y. and Griffith, D.A., 2014. What makes a brand manager effective?. Journal of Business Research, 67(2), pp.144-150.
Da Silveira, C., Lages, C. and Simões, C., 2013. Reconceptualizing brand identity in a dynamic environment. Journal of Business Research, 66(1), pp.28-36.
Ghodeswar, B.M., 2008. Building brand identity in competitive markets: a conceptual model. Journal of product & brand management, 17(1), pp.4-12.
Huang, R. and Sarigöllü, E., 2014. How brand awareness relates to market outcome, brand equity, and the marketing mix. In Fashion Branding and Consumer Behaviors (pp. 113-132). Springer, New York, NY.
Jung, J. and Sung, E., 2008. Consumer-based brand equity: Comparisons among Americans and South Koreans in the USA and South Koreans in Korea. Journal of Fashion Marketing and Management: An International Journal, 12(1), pp.24-35.
Keller, K.L., Parameswaran, M.G. and Jacob, I., 2011. Strategic brand management: Building, measuring, and managing brand equity. Pearson Education India.
Kuhn, K.A.L., Alpert, F. and Pope, N.K.L., 2008. An application of Keller’s brand equity model in a B2B context. Qualitative Market Research: An International Journal, 11(1), pp.40-58.
Lucid Press, 2016. The 7 key elements of corporate and brand identity design + 10 corporate identity examples. Available [online]: https://www.lucidpress.com/blog/the-7-key-elements-of-brand-identity-design. Accessed on 7th July 2018
Naik, P.A., Prasad, A. and Sethi, S.P., 2008. Building brand awareness in dynamic oligopoly markets. Management Science, 54(1), pp.129-138.
Tripathi, M.N., 2014. Customer Satisfaction and Engagement-Customer Retention strategies for brand manager. Vilakshan: The XIMB Journal of Management, 11(1).
Wang, X. and Yang, Z., 2010. The effect of brand credibility on consumers’ brand purchase intention in emerging economies: The moderating role of brand awareness and brand image. Journal of Global Marketing, 23(3), pp.177-188.
Wheeler, A., 2010. Designing brand identity. Hoboken, NJ: Wiley.
Wheeler, A., 2017. Designing brand identity: an essential guide for the whole branding team. John Wiley & Sons
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