‘A Brand should strive to own a word in the mind of the consumer’ Ries & Ries
The iSnack 2.0 scandal reminds of several lessons about branding which all businesses can apply.
Where did iSnack 2.0 go wrong?
Simply, the name didn’t engage the customer. Initial engagement occurred via Kraft’s naming competition, but the final selection was made without reference to the majority of their customers. Feedback showed the name held little meaning and was irrelevant to the product.
3 Small Business Brand Name Tips
As Ries & Ries say ..’If you to build a brand ..you must focus your branding efforts
on owning a word in the prospect’s mind. A word that nobody else owns.’
1. To ensure you choose a relevant brand name, firstly think about your product/service,
its core benefit, other attributes and where you want it to sit in the market.
2. Look at the other brands in the market place. How can your name represent your
brand’s values, personality and stand out?
3. Consider your customers. Does the name resonate with them? iSnack 2.0 seemed a gratuitous effort to capture Gen Y’s without reference to their other target audiences. This is dangerous as Gen Y’s particularly are wary of marketing messages. Yet some Gen Y comments overheard included:
‘The ‘i’ is so nineties!’ and ‘Web 2.0 .. we’re heading towards 3 now!’
A Brand is so Much More than a Logo
We have previously written that branding is so much more than your logo. A brand is the customer
experience at every touch point with a business. Everything a business does conveys meaning to its brand and values. To reinforce a brand, it is vital to ensure it is consistently
executed across all communication.
The Process of Branding
The iSnack2.0 example shows how getting the name right requires much thought and consideration, and typically results after a thorough consideration process. For businesses, following this process will avoid costly catch up activity and customer confusion which can inhibit sales.
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