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BOOK SUMMARY AND KEY INSIGHTS:
22 Immutable Laws of
Branding
by Al Ries and Laura Ries
PREPARED BY
Sameer Mathur
Ph.D. (Carnegie Mellon University)
Prof. Sameer Mathur, Ph.D.
“The Power of Brand
is Inversely
Proportional to its
Scope”
1: The Law of Expansion
Prof. Sameer Mathur, Ph.D.
Prof. Sameer Mathur, Ph.D.
If we want to build a powerful
brand, we should contract it,
not expand it.
Consumers want a brand that is
narrow in scope and
distinguishable by a single
word, the shorter the better.
1: The Law of Expansion
Prof. Sameer Mathur, Ph.D.
Prof. Sameer Mathur, Ph.D.
EXAMPLE: American Express
suffered the adverse
consequences of the Law of
Expansion. They had a handful of
cards and ~25% market share in
1988. Their market share plunged
to under ~20% after they
launched a blizzard of new
cards.
1: The Law of Expansion
Prof. Sameer Mathur, Ph.D.
Prof. Sameer Mathur, Ph.D.
2: The Law of Contraction
Prof. Sameer Mathur, Ph.D.
“A Brand Becomes
Stronger When It
Narrows Its Focus.”
Prof. Sameer Mathur, Ph.D.
A brand should narrow its
focus, contracting the
category. Narrowing focus is
not the same as carrying a
limited line. The objective
should be to dominate a
narrower category.
2: The Law of Contraction
Prof. Sameer Mathur, Ph.D.
Prof. Sameer Mathur, Ph.D.
EXAMPLE: Fred De Luca implemented
the Law of Contraction. He
narrowed focus to one type of
sandwich, the submarine sandwich.
He called his restaurant Subway
2: The Law of Contraction
Prof. Sameer Mathur, Ph.D.
Prof. Sameer Mathur, Ph.D.
“The Birth Of A
Brand Is Achieved By
Publicity (Not
Advertising)”
3: The Law of Publicity
Prof. Sameer Mathur, Ph.D.
Prof. Sameer Mathur, Ph.D.
A new brand must be capable of
generating favorable publicity
in the media. A new brand needs
to be “born” not “made”.
The best way of generating
publicity is by being the first
in some important, credible way
for e.g. the first in a new
category.
3: The Law of Publicity
Prof. Sameer Mathur, Ph.D.
Prof. Sameer Mathur, Ph.D.
EXAMPLES:
Band-Aid = first adhesive bandage
Jell-O = first gelatin dessert
3: The Law of Publicity
Prof. Sameer Mathur, Ph.D.
Prof. Sameer Mathur, Ph.D.
“Once Born, A Brand
Needs Advertising To
Stay Healthy”
4: The Law of Advertising
Prof. Sameer Mathur, Ph.D.
Prof. Sameer Mathur, Ph.D.
First Publicity, Then
Advertising should be the
general rule. Advertising
“raises the price of admission”
for competitors. A brand’s
advertising budget serves as
insurance against losses caused
by competitive attacks.
Advertising is useful for
maintaining brand leadership,
but not to obtain it.
4: The Law of Advertising
Prof. Sameer Mathur, Ph.D.
Prof. Sameer Mathur, Ph.D.
EXAMPLE: The first iPad was
released by Apple on April 3,
2010. It received tremendous
publicity and media coverage.
Subsequently, Apple launched its
advertising campaign.
4: The Law of Advertising
Prof. Sameer Mathur, Ph.D.
Prof. Sameer Mathur, Ph.D.
“A Brand Should
Strive To Own A Word
In The Mind Of The
Consumer”
5: The Law of The Word
Prof. Sameer Mathur, Ph.D.
Prof. Sameer Mathur, Ph.D.
A company must focus its
branding efforts on “owning a
word” in the minds of its target
customers. This should be a word
that nobody else owns.
One way this occurs is when the
brand name gets used as a verb.
5: The Law of The Word
Prof. Sameer Mathur, Ph.D.
EXAMPLES:
“To Xerox” = To Make a photocopy
“To Google” = To Search the
Internet
5: The Law of The Word
Prof. Sameer Mathur, Ph.D.
“The Crucial
Ingredient In The
Success Of Any Brand
Is Its Claim To
Authenticity”
6: The Law of Credentials
Prof. Sameer Mathur, Ph.D.
A brand’s credentials in a
category as authentic, real,
original or the leader make it
very powerful. Credentials serve
as collateral put up to
guarantee the performance of a
brand. A product’s perceived
benefits are higher, if they are
structured around the company’s
credentials.
6: The Law of Credentials
Prof. Sameer Mathur, Ph.D.
EXAMPLES:
Volvo = “safety”
FedEx = “overnight”
6: The Law of Credentials
Prof. Sameer Mathur, Ph.D.
“Quality Is
important but brands
are not built by
quality alone”
7: The Law of Quality
Prof. Sameer Mathur, Ph.D.
Perception of quality is in the
mind of the consumer.
Having a high price signals high
quality to consumers.
There is often little
correlation between the
popularity of a product and the
quality of the product.
7: The Law of Quality
Prof. Sameer Mathur, Ph.D.
EXAMPLE: Does a Rolex keep
better time than a Casio
watch? Yet, it is perceived as
a better quality watch.
7: The Law of Quality
Prof. Sameer Mathur, Ph.D.
8: The Law of The Category
“A Leading Brand
Should Promote The
Category, Not The
Brand”
Prof. Sameer Mathur, Ph.D.
A brand should narrow the focus,
create a new category, become
the first and thus the leading
brand in the new category.
Once competition arrives, the
brand should promote the
category and increase the size
of the pie, rather than
increasing their slice of the
pie.
8: The Law of The Category
Prof. Sameer Mathur, Ph.D.
EXAMPLE: Customers care more
about a new category (eating
fresh pizza within 30 minutes)
than a new brand (Domino’s)
8: The Law of The Category
Prof. Sameer Mathur, Ph.D.
“In The Long Run, A
Brand Is Nothing
More Than A Name”
9: The Law of The Name
Prof. Sameer Mathur, Ph.D.
In the long term, the unique
idea or concept behind the brand
goes away, leaving behind just
the name.
Shorter, unique, memorable names
are better than longer, vague,
generic names.
9: The Law of The Name
Prof. Sameer Mathur, Ph.D.
EXAMPLES:
“To Xerox” = To Make a photocopy
“To Google” = To Search the
Internet
9: The Law of The Name
Prof. Sameer Mathur, Ph.D.
“The Easiest Way To
Destroy A Brand Is
To Put Its Name On
Everything”
10: The Law of Extensions
Prof. Sameer Mathur, Ph.D.
Brand extensions destroy brand
value, felt by a reduction in
the market share of the parent
brand; a loss of brand identity.
The company should either
continue to invest in the parent
brand, or launch a new brand.
10: The Law of Extensions
Prof. Sameer Mathur, Ph.D.
EXAMPLE: Does Extra-Strength
Tylenol imply that regular Tylenol
is not good enough?
10: The Law of Extensions
Prof. Sameer Mathur, Ph.D.
“In Order To Build
The Category, A
Brand Should Welcome
Other Brands”
11: The Law of Fellowship
Prof. Sameer Mathur, Ph.D.
Choice stimulates demand!
(although too much choice can
confuse consumers)
Competition broadens the
category, allowing the brands to
focus. Similar businesses
located close together attract
more customers; consumers can
comparison shop; competitors can
keep an eye on each other.
11: The Law of Fellowship
Prof. Sameer Mathur, Ph.D.
EXAMPLE: The competition between
Coke and Pepsi makes consumers
more cola conscious. The best
location for Burger King is often
across the street from McDonalds.
11: The Law of Fellowship
Prof. Sameer Mathur, Ph.D.
“One Of The Fastest
Routes To Failure Is
Giving A Brand A
Generic Name”
12: The Law of The Generic
Prof. Sameer Mathur, Ph.D.
A generic name makes it tough
for a brand to differentiate
from its competitors. It lacks
Brand Identity.
Many brands have transformed
from a generic name (e.g.
General Electric) to a specific
name (GE).
Sometimes cutting a generic name
can create a good specific name.
12: The Law of The Generic
Prof. Sameer Mathur, Ph.D.
EXAMPLE: “Intelligent Chip
Company” is too long and too
generic a name. Everyone knows and
remembers “Intel”.
12: The Law of The Generic
Prof. Sameer Mathur, Ph.D.
“Brands are brands.
Companies are
companies. There is
a difference.”
13: The Law of The Company
Prof. Sameer Mathur, Ph.D.
Customers think about and buy
brands (e.g. Tide), not the
parent company (Proctor &
Gamble). The brand name should
get greater focus than the
company name (unless they are
the same).
Customers use the brand name to
describe the product (e.g. Do
you want to drink Pepsi?)
13: The Law of The Company
Prof. Sameer Mathur, Ph.D.
EXAMPLE: Customers think about and
buy Tide (the brand), not the P&G
(the parent company)
13: The Law of The Company
Prof. Sameer Mathur, Ph.D.
“What Branding
Builds, Sub-Branding
Can Destroy”
14: The Law of Sub brands
Prof. Sameer Mathur, Ph.D.
Sub-brands can erode the power
of the brand by creating
confusion. They can adversely
impact the positioning of the
brand in the minds of the
target consumers.
For example, Waterford is the
leading Irish crystal maker.
Introducing “cheap” Waterford
as “Marquis by Waterford”
dilutes the Waterford brand.
14: The Law of Sub-brands
Prof. Sameer Mathur, Ph.D.
EXAMPLE: Consumers could get
confused about the different
Holiday Inn sub-brands and how
they are positioned.
14: The Law of Sub-brands
Prof. Sameer Mathur, Ph.D.
“There Is A Time And
Place To Launch A
Second Brand”
15: The Law of Siblings
Prof. Sameer Mathur, Ph.D.
Sometimes it is good to create a
family of brands – sibling
brands.
The second brand should not
detract from the parent brand.
It could focus on a new
subcategory within the same
product family. Each sibling
should be different and distinct
in its own right.
15: The Law of Siblings
Prof. Sameer Mathur, Ph.D.
EXAMPLE: Time Inc., the world’s
largest magazine publisher has
many separate, sibling
publications: Time, Life, SI,
Money, People
15: The Law of Siblings
Prof. Sameer Mathur, Ph.D.
“A Brand’s Logo Type
Should Be Designed
To Fit The Eyes.
Both Eyes.”
16: The Law of Shape
Prof. Sameer Mathur, Ph.D.
A logo should be a combination
of a trademark and the name of
the brand, set in distinctive
type.
A logo should be horizontal;
legible; need not be accompanied
by a symbol.
16: The Law of Shape
Prof. Sameer Mathur, Ph.D.
EXAMPLES: Some of the world’s
best logos
16: The Law of Shape
Prof. Sameer Mathur, Ph.D.
“A Brand Should Use
A Color That Is The
Opposite Of Its
Major Competitor”
17: The Law of Color
Prof. Sameer Mathur, Ph.D.
Color can help to make a brand
distinctive. Focus on the
identity and mood that the brand
should create. Accordingly,
choose the best color possible,
but if there is another brand
with that color, choose the
opposite color. Usually, having
one, basic color (red, blue,
green, yellow) is better than a
mixed color or a combination of
colors.
17: The Law of Color
Prof. Sameer Mathur, Ph.D.
17: The Law of Color
EXAMPLE: Coke is primarily
red, while Pepsi is primarily
blue.
Prof. Sameer Mathur, Ph.D.
“There Are No
Barriers To Global
Branding. A Brand
Should Know No
Borders”
18: The Law of Borders
Prof. Sameer Mathur, Ph.D.
A global brand should have a
narrow focus and consistent
message, but account for the
perceptions of its country of
origin.
Regardless of where a brand
originated or is produced, the
name and the associated
connotations determine its
geographic perception.
18: The Law of Borders
Prof. Sameer Mathur, Ph.D.
EXAMPLE: Honda is perceived as
Japanese; Microsoft is perceived
as American; Haagen-Dazs is
perceived as Scandinavian
(although it is American)
18: The Law of Borders
or
Prof. Sameer Mathur, Ph.D.
“A Brand Is Not
Built Over Night.
Success Is Measured
In Decades, Not
Years”
19: The Law of Consistency
Prof. Sameer Mathur, Ph.D.
Being consistent over time and
limiting the scope of the brand
is the key to successful
branding.
A brand cannot get into the mind
unless it stands for something.
Markets may change, but brands
should not be changed.
19: The Law of Consistency
Prof. Sameer Mathur, Ph.D.
EXAMPLE: BMW has been “The
Ultimate Driving Machine” for
30 years.
19: The Law of Consistency
Prof. Sameer Mathur, Ph.D.
“Brands Can Be
Changed, But Only
Infrequently And
Only Very Carefully”
20: The Law of Change
Prof. Sameer Mathur, Ph.D.
Brands should be changed
infrequently and cautiously.
There are three situations in
which brands should be changed:
- When a brand is non-existent
in the minds of consumers
- When a brand needs to be moved
to a lower price and perception
- When a brand is in a category
where change occurs slowly
20: The Law of Change
Prof. Sameer Mathur, Ph.D.
EXAMPLE: Marlboro lowered the
price of its cigarettes over time
to gain market share
20: The Law of Change
Prof. Sameer Mathur, Ph.D.
“No Brand Will Live
Forever. Euthanasia
Is Often The Best
Solution”
21: The Law of Mortality
Prof. Sameer Mathur, Ph.D.
Brands have a life cycle. They
are born, grow up, mature and
eventually die.
Companies sometimes waste
millions trying to save a dying
brand. A well-known brand that
doesn’t stand for anything has
limited value. A brand that
stands for something but is not
well-known has value because
there is the opportunity to
create a powerful brand.
21: The Law of Mortality
Prof. Sameer Mathur, Ph.D.
EXAMPLE: Blockbuster became a
leader in video rentals.
Subsequently, with the rise of
Video on Demand, Netflix and poor
management, its revenues
declined. Finally, it filed for
bankruptsy in Sept 2010 and was
acquired by Dish Network.
21: The Law of Mortality
Prof. Sameer Mathur, Ph.D.
“The Most Important
Aspect Of A Brand Is
Its Single-
Mindedness”
22: The Law of Singularity
Prof. Sameer Mathur, Ph.D.
The most important aspect of a
brand is its singularity. What is
a brand? A singular idea or
concept owned inside the mind of
the prospect. If it is too many
things at once, it is confusing
and can become worthless.
22: The Law of Singularity
Prof. Sameer Mathur, Ph.D.
EXAMPLE: Volvo has stuck to the
singular concept of burning into
the minds of consumers that it is
the safest car on the road.
22: The Law of Singularity

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(MBASkills.IN) Book Summary: 22 Immutable Laws of Branding

  • 1. BOOK SUMMARY AND KEY INSIGHTS: 22 Immutable Laws of Branding by Al Ries and Laura Ries PREPARED BY Sameer Mathur Ph.D. (Carnegie Mellon University)
  • 2. Prof. Sameer Mathur, Ph.D. “The Power of Brand is Inversely Proportional to its Scope” 1: The Law of Expansion Prof. Sameer Mathur, Ph.D.
  • 3. Prof. Sameer Mathur, Ph.D. If we want to build a powerful brand, we should contract it, not expand it. Consumers want a brand that is narrow in scope and distinguishable by a single word, the shorter the better. 1: The Law of Expansion Prof. Sameer Mathur, Ph.D.
  • 4. Prof. Sameer Mathur, Ph.D. EXAMPLE: American Express suffered the adverse consequences of the Law of Expansion. They had a handful of cards and ~25% market share in 1988. Their market share plunged to under ~20% after they launched a blizzard of new cards. 1: The Law of Expansion Prof. Sameer Mathur, Ph.D.
  • 5. Prof. Sameer Mathur, Ph.D. 2: The Law of Contraction Prof. Sameer Mathur, Ph.D. “A Brand Becomes Stronger When It Narrows Its Focus.”
  • 6. Prof. Sameer Mathur, Ph.D. A brand should narrow its focus, contracting the category. Narrowing focus is not the same as carrying a limited line. The objective should be to dominate a narrower category. 2: The Law of Contraction Prof. Sameer Mathur, Ph.D.
  • 7. Prof. Sameer Mathur, Ph.D. EXAMPLE: Fred De Luca implemented the Law of Contraction. He narrowed focus to one type of sandwich, the submarine sandwich. He called his restaurant Subway 2: The Law of Contraction Prof. Sameer Mathur, Ph.D.
  • 8. Prof. Sameer Mathur, Ph.D. “The Birth Of A Brand Is Achieved By Publicity (Not Advertising)” 3: The Law of Publicity Prof. Sameer Mathur, Ph.D.
  • 9. Prof. Sameer Mathur, Ph.D. A new brand must be capable of generating favorable publicity in the media. A new brand needs to be “born” not “made”. The best way of generating publicity is by being the first in some important, credible way for e.g. the first in a new category. 3: The Law of Publicity Prof. Sameer Mathur, Ph.D.
  • 10. Prof. Sameer Mathur, Ph.D. EXAMPLES: Band-Aid = first adhesive bandage Jell-O = first gelatin dessert 3: The Law of Publicity Prof. Sameer Mathur, Ph.D.
  • 11. Prof. Sameer Mathur, Ph.D. “Once Born, A Brand Needs Advertising To Stay Healthy” 4: The Law of Advertising Prof. Sameer Mathur, Ph.D.
  • 12. Prof. Sameer Mathur, Ph.D. First Publicity, Then Advertising should be the general rule. Advertising “raises the price of admission” for competitors. A brand’s advertising budget serves as insurance against losses caused by competitive attacks. Advertising is useful for maintaining brand leadership, but not to obtain it. 4: The Law of Advertising Prof. Sameer Mathur, Ph.D.
  • 13. Prof. Sameer Mathur, Ph.D. EXAMPLE: The first iPad was released by Apple on April 3, 2010. It received tremendous publicity and media coverage. Subsequently, Apple launched its advertising campaign. 4: The Law of Advertising Prof. Sameer Mathur, Ph.D.
  • 14. Prof. Sameer Mathur, Ph.D. “A Brand Should Strive To Own A Word In The Mind Of The Consumer” 5: The Law of The Word Prof. Sameer Mathur, Ph.D.
  • 15. Prof. Sameer Mathur, Ph.D. A company must focus its branding efforts on “owning a word” in the minds of its target customers. This should be a word that nobody else owns. One way this occurs is when the brand name gets used as a verb. 5: The Law of The Word
  • 16. Prof. Sameer Mathur, Ph.D. EXAMPLES: “To Xerox” = To Make a photocopy “To Google” = To Search the Internet 5: The Law of The Word
  • 17. Prof. Sameer Mathur, Ph.D. “The Crucial Ingredient In The Success Of Any Brand Is Its Claim To Authenticity” 6: The Law of Credentials
  • 18. Prof. Sameer Mathur, Ph.D. A brand’s credentials in a category as authentic, real, original or the leader make it very powerful. Credentials serve as collateral put up to guarantee the performance of a brand. A product’s perceived benefits are higher, if they are structured around the company’s credentials. 6: The Law of Credentials
  • 19. Prof. Sameer Mathur, Ph.D. EXAMPLES: Volvo = “safety” FedEx = “overnight” 6: The Law of Credentials
  • 20. Prof. Sameer Mathur, Ph.D. “Quality Is important but brands are not built by quality alone” 7: The Law of Quality
  • 21. Prof. Sameer Mathur, Ph.D. Perception of quality is in the mind of the consumer. Having a high price signals high quality to consumers. There is often little correlation between the popularity of a product and the quality of the product. 7: The Law of Quality
  • 22. Prof. Sameer Mathur, Ph.D. EXAMPLE: Does a Rolex keep better time than a Casio watch? Yet, it is perceived as a better quality watch. 7: The Law of Quality
  • 23. Prof. Sameer Mathur, Ph.D. 8: The Law of The Category “A Leading Brand Should Promote The Category, Not The Brand”
  • 24. Prof. Sameer Mathur, Ph.D. A brand should narrow the focus, create a new category, become the first and thus the leading brand in the new category. Once competition arrives, the brand should promote the category and increase the size of the pie, rather than increasing their slice of the pie. 8: The Law of The Category
  • 25. Prof. Sameer Mathur, Ph.D. EXAMPLE: Customers care more about a new category (eating fresh pizza within 30 minutes) than a new brand (Domino’s) 8: The Law of The Category
  • 26. Prof. Sameer Mathur, Ph.D. “In The Long Run, A Brand Is Nothing More Than A Name” 9: The Law of The Name
  • 27. Prof. Sameer Mathur, Ph.D. In the long term, the unique idea or concept behind the brand goes away, leaving behind just the name. Shorter, unique, memorable names are better than longer, vague, generic names. 9: The Law of The Name
  • 28. Prof. Sameer Mathur, Ph.D. EXAMPLES: “To Xerox” = To Make a photocopy “To Google” = To Search the Internet 9: The Law of The Name
  • 29. Prof. Sameer Mathur, Ph.D. “The Easiest Way To Destroy A Brand Is To Put Its Name On Everything” 10: The Law of Extensions
  • 30. Prof. Sameer Mathur, Ph.D. Brand extensions destroy brand value, felt by a reduction in the market share of the parent brand; a loss of brand identity. The company should either continue to invest in the parent brand, or launch a new brand. 10: The Law of Extensions
  • 31. Prof. Sameer Mathur, Ph.D. EXAMPLE: Does Extra-Strength Tylenol imply that regular Tylenol is not good enough? 10: The Law of Extensions
  • 32. Prof. Sameer Mathur, Ph.D. “In Order To Build The Category, A Brand Should Welcome Other Brands” 11: The Law of Fellowship
  • 33. Prof. Sameer Mathur, Ph.D. Choice stimulates demand! (although too much choice can confuse consumers) Competition broadens the category, allowing the brands to focus. Similar businesses located close together attract more customers; consumers can comparison shop; competitors can keep an eye on each other. 11: The Law of Fellowship
  • 34. Prof. Sameer Mathur, Ph.D. EXAMPLE: The competition between Coke and Pepsi makes consumers more cola conscious. The best location for Burger King is often across the street from McDonalds. 11: The Law of Fellowship
  • 35. Prof. Sameer Mathur, Ph.D. “One Of The Fastest Routes To Failure Is Giving A Brand A Generic Name” 12: The Law of The Generic
  • 36. Prof. Sameer Mathur, Ph.D. A generic name makes it tough for a brand to differentiate from its competitors. It lacks Brand Identity. Many brands have transformed from a generic name (e.g. General Electric) to a specific name (GE). Sometimes cutting a generic name can create a good specific name. 12: The Law of The Generic
  • 37. Prof. Sameer Mathur, Ph.D. EXAMPLE: “Intelligent Chip Company” is too long and too generic a name. Everyone knows and remembers “Intel”. 12: The Law of The Generic
  • 38. Prof. Sameer Mathur, Ph.D. “Brands are brands. Companies are companies. There is a difference.” 13: The Law of The Company
  • 39. Prof. Sameer Mathur, Ph.D. Customers think about and buy brands (e.g. Tide), not the parent company (Proctor & Gamble). The brand name should get greater focus than the company name (unless they are the same). Customers use the brand name to describe the product (e.g. Do you want to drink Pepsi?) 13: The Law of The Company
  • 40. Prof. Sameer Mathur, Ph.D. EXAMPLE: Customers think about and buy Tide (the brand), not the P&G (the parent company) 13: The Law of The Company
  • 41. Prof. Sameer Mathur, Ph.D. “What Branding Builds, Sub-Branding Can Destroy” 14: The Law of Sub brands
  • 42. Prof. Sameer Mathur, Ph.D. Sub-brands can erode the power of the brand by creating confusion. They can adversely impact the positioning of the brand in the minds of the target consumers. For example, Waterford is the leading Irish crystal maker. Introducing “cheap” Waterford as “Marquis by Waterford” dilutes the Waterford brand. 14: The Law of Sub-brands
  • 43. Prof. Sameer Mathur, Ph.D. EXAMPLE: Consumers could get confused about the different Holiday Inn sub-brands and how they are positioned. 14: The Law of Sub-brands
  • 44. Prof. Sameer Mathur, Ph.D. “There Is A Time And Place To Launch A Second Brand” 15: The Law of Siblings
  • 45. Prof. Sameer Mathur, Ph.D. Sometimes it is good to create a family of brands – sibling brands. The second brand should not detract from the parent brand. It could focus on a new subcategory within the same product family. Each sibling should be different and distinct in its own right. 15: The Law of Siblings
  • 46. Prof. Sameer Mathur, Ph.D. EXAMPLE: Time Inc., the world’s largest magazine publisher has many separate, sibling publications: Time, Life, SI, Money, People 15: The Law of Siblings
  • 47. Prof. Sameer Mathur, Ph.D. “A Brand’s Logo Type Should Be Designed To Fit The Eyes. Both Eyes.” 16: The Law of Shape
  • 48. Prof. Sameer Mathur, Ph.D. A logo should be a combination of a trademark and the name of the brand, set in distinctive type. A logo should be horizontal; legible; need not be accompanied by a symbol. 16: The Law of Shape
  • 49. Prof. Sameer Mathur, Ph.D. EXAMPLES: Some of the world’s best logos 16: The Law of Shape
  • 50. Prof. Sameer Mathur, Ph.D. “A Brand Should Use A Color That Is The Opposite Of Its Major Competitor” 17: The Law of Color
  • 51. Prof. Sameer Mathur, Ph.D. Color can help to make a brand distinctive. Focus on the identity and mood that the brand should create. Accordingly, choose the best color possible, but if there is another brand with that color, choose the opposite color. Usually, having one, basic color (red, blue, green, yellow) is better than a mixed color or a combination of colors. 17: The Law of Color
  • 52. Prof. Sameer Mathur, Ph.D. 17: The Law of Color EXAMPLE: Coke is primarily red, while Pepsi is primarily blue.
  • 53. Prof. Sameer Mathur, Ph.D. “There Are No Barriers To Global Branding. A Brand Should Know No Borders” 18: The Law of Borders
  • 54. Prof. Sameer Mathur, Ph.D. A global brand should have a narrow focus and consistent message, but account for the perceptions of its country of origin. Regardless of where a brand originated or is produced, the name and the associated connotations determine its geographic perception. 18: The Law of Borders
  • 55. Prof. Sameer Mathur, Ph.D. EXAMPLE: Honda is perceived as Japanese; Microsoft is perceived as American; Haagen-Dazs is perceived as Scandinavian (although it is American) 18: The Law of Borders or
  • 56. Prof. Sameer Mathur, Ph.D. “A Brand Is Not Built Over Night. Success Is Measured In Decades, Not Years” 19: The Law of Consistency
  • 57. Prof. Sameer Mathur, Ph.D. Being consistent over time and limiting the scope of the brand is the key to successful branding. A brand cannot get into the mind unless it stands for something. Markets may change, but brands should not be changed. 19: The Law of Consistency
  • 58. Prof. Sameer Mathur, Ph.D. EXAMPLE: BMW has been “The Ultimate Driving Machine” for 30 years. 19: The Law of Consistency
  • 59. Prof. Sameer Mathur, Ph.D. “Brands Can Be Changed, But Only Infrequently And Only Very Carefully” 20: The Law of Change
  • 60. Prof. Sameer Mathur, Ph.D. Brands should be changed infrequently and cautiously. There are three situations in which brands should be changed: - When a brand is non-existent in the minds of consumers - When a brand needs to be moved to a lower price and perception - When a brand is in a category where change occurs slowly 20: The Law of Change
  • 61. Prof. Sameer Mathur, Ph.D. EXAMPLE: Marlboro lowered the price of its cigarettes over time to gain market share 20: The Law of Change
  • 62. Prof. Sameer Mathur, Ph.D. “No Brand Will Live Forever. Euthanasia Is Often The Best Solution” 21: The Law of Mortality
  • 63. Prof. Sameer Mathur, Ph.D. Brands have a life cycle. They are born, grow up, mature and eventually die. Companies sometimes waste millions trying to save a dying brand. A well-known brand that doesn’t stand for anything has limited value. A brand that stands for something but is not well-known has value because there is the opportunity to create a powerful brand. 21: The Law of Mortality
  • 64. Prof. Sameer Mathur, Ph.D. EXAMPLE: Blockbuster became a leader in video rentals. Subsequently, with the rise of Video on Demand, Netflix and poor management, its revenues declined. Finally, it filed for bankruptsy in Sept 2010 and was acquired by Dish Network. 21: The Law of Mortality
  • 65. Prof. Sameer Mathur, Ph.D. “The Most Important Aspect Of A Brand Is Its Single- Mindedness” 22: The Law of Singularity
  • 66. Prof. Sameer Mathur, Ph.D. The most important aspect of a brand is its singularity. What is a brand? A singular idea or concept owned inside the mind of the prospect. If it is too many things at once, it is confusing and can become worthless. 22: The Law of Singularity
  • 67. Prof. Sameer Mathur, Ph.D. EXAMPLE: Volvo has stuck to the singular concept of burning into the minds of consumers that it is the safest car on the road. 22: The Law of Singularity