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Branding: A Key Marketing Tool PDF

215 Pages·1987·22.275 MB·English
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BRANDING: A KEY MARKETING TOOL BRANDING: A KEY MARKETING TOOL Edited by John M. Murphy Chairman, InterbrandfNovamark Group, London M MACMILLAN © John M. Murphy 1987 Softcover reprint of the hardcover 1st edition 1987 978-0-333-39911-8 All rights reserved. No reproduction, copy or transmission of this publication may be made without written permission. No paragraph of this publication may be reproduced, copied or transmitted save with written permission or in accordance with the provisions of the Copyright Act 1956 (as amended). Any person who does any unauthorised act in relation to this publication may be liable to criminal prosecution and civil claims for damages. First published 1987 Published by THE MACMILLAN PRESS LTD HoundmiJls, Basingstoke, Hampshire RG2l 2XS and London Companies and representatives throughout the world Filmsetting by Vantage Photosetting Co. Ltd Eastleigh and Southampton British Library Cataloguing in Publication Data Branding: a key marketing tool. l. Brand name products-Marketing I. Murphy, John M. 658.8'27 HD69.B7 ISBN 978-1-349-08282-7 ISBN 978-1-349-08280-3 (eBook) DOI 10.10071978-1-349-08280-3 Contents List of Plates vii Notes on the Contributors viii Preface xi 1 What is Branding? John M. Murphy 2 History of Branding 13 Adrian Room 3 The Psychology of Names 22 Leslie Collins 4 The Legal Side of Branding 32 Clarke Graham MarkPeroff 5 Making Your Brands Work Harder 51 Laurence Hefter 6 Commercial Counterfeiting 59 Vincent Carratu 7 Developing New Brands 73 Tom Blackett Graham Denton 8 Developing New Brand Names 86 John M. Murphy 9 Creative Execution 98 Mervyn Kurlansky 10 The Opportunity for World Brands 104 Steve Winram 11 Branding-the Retailer's Viewpoint 116 Terry Leahy 12 The Branding of Services 125 Russell Taylor v Vl Contents 13 Branding in the Pharmaceutical Industry 130 Barbara Sudovar 14 Branding at Austin Rover 138 Terry Nolan 15 The Wide World of Branding 148 Terry Oliver 16 The Corporate Identity as the Brand 156 John Diefenbach 17 Organising for New Product Development 165 Robert Grayson 18 The Future of Branding 176 Klaus M orwind Index 185 List of Plates 2.1 A Roman sign found at Pompeii 2.2 A selection of seventeenth-century English inn signs 2.3 The first advertisment for the telephone 2.4 Early promotion for Camp Coffee 2.5 The punning 'lance' logo of Lancia 2.6 The 'Viking' Rover logo 2. 7 The post-war Volkswagen logo 2.8 The first Coca-Cola ad 6.1 Opium perfume by Yves Saint Laurent 6.2 D-C90 TDK cassette tapes 6.3 Rolls-Royce Motors CD4074 pistons 6.4 Aramis Denim aftershave and cologne 6.5 Colgate toothpaste 6.6 A Parker ballpoint pen 6. 7 Skate-board bearings 6.8 False and genuine Johnnie Walker whisky 9.1 Lion Brand stationery: a literal interpretation 9.2 Lyons coffee: identity based on the product 9.3 Tactics: an upmarket range of men's toiletries 9.4 The common design approach of Lucas 9.5 The ICI symbol used with Dulux 9.6 The woodstain imagery emphasises the function of the product 16.1 Bank of America: a well-organised visual system 16.2 The corporate identity of British Airways 16.3 Red Lobster Inns: a change in corporation 'branding' 16.4 Philip Morris: individual brands and a corporate identity 16.5 US Air: communicating a new identity 16.6 Dole: superbrand status 16.7 Stouffer: the corporate identity as superbrand Vll Notes on the Contributors Tom Blackett is a Director of Novamark International and has extensive experience in marketing consultancy, new product development and market ing research. Vincent Carratu was formerly with The Company Fraud Department at New Scotland Yard but now runs The Carratu Group, a leading investigation agency. Leslie Collins is a psychologist and now has his own marketing research and consultancy practice in London, ICR Ltd. Graham Denton is founder and President ofThe Initiatives Group, one of the largest new product development consultancies in North America. John Diefenbach is Chief Executive Officer of Landor Associates of San Francisco, one of the leading US design firms. Oarke Graham is a trademark lawyer. He was born in Australia and is the Senior Partner in Markforce Associates, a British trademark legal practice. Dr Robert Grayson is a marketing and management consultant and is Adjunct Professor of Marketing at the New York University Graduate School of Business Administration. Laurence Hefter teaches trademark law at George Washington University Law School and is a Senior Partner in the firm of Finnegan, Henderson, Farabow, Garrett & Dunner. Mervyn Kurlansky is a senior partner of Pentagram, one of Britain's leading design consultancies. Terry Leahy is Marketing Director ofTesco, one of Britain's leading and most successful retail groups. Dr Klaus Morwind is a member of the managing board of Henkel KGaA of viii Notes on the Contributors ix Dusseldorf and is particularly responsible for Henkel's worldwide export business in detergents. John M. Murphy (editor) is the founder ofNovamark International, London and Chairman of the worldwide Interbrand/Novamark Group of companies, leading specialists in the development of brand names. Terry Nolan has over thirty years' experience in the motor industry. He is currently responsible for both short-and long-term planning at Austin Rover. Terry Oliver was born in England but has lived in Tokyo for many years. He is Joint Managing Director of Interbrand Japan. Mark Perofl'is a US attorney and is a partner in Bierman, Peroff & Muserlian, a New York firm of trademark lawyers. Adrian Room is Vice-President of The Names Society and a prolific author on the history of brand names. Barbara Sudovar is Executive Director of Aimed Focus, a division of Aimed Inc. She was formerly Manager of New Product Development for Pfizer Roerig in New York. Russell Taylor is Managing Director of Dyno-Rod plc, a company which pioneered specialist plumbing services in the UK. Steve Winram is a member ofSaatchi & Saatchi's corporate finance team and has been particularly involved with the company's strategic development. Preface Coca-Cola's most valuable assets are its brands. The same is true for scores of major corporations around the world. Brands are the invisible assets of corporations. They seldom appear in balance sheets and are frequently guarded less jealously than are property assets, for example. Even when brands are sold, often for enormous sums, the proceeds are hidden under some mystifying heading such as 'goodwill'. When a company is acquired value is attached to real estate (which is frequently sold oft), to management teams (who are frequently sacked), and to plant (which effectively may have no real value whatsoever) yet the brands themselves, the core of the business and the reason it is being acquired, are unacknowledged. In the world of marketing we have generally failed to recognise fully the value of brands. We have failed too to recognise that names are at the heart of a brand's personality. They are the one aspect of a brand which never changes, they are the most readily protected component of a brand and they are the single most potent means of differentiating one product from another. The paradox of the brand name is unconsciously acknowledged by those company chairmen who develop their own brand names. They will leave concept development and market research to their marketing teams, product and packaging design to the designers, origination of advertising and the selection of media to the advertising agency but the name itself, the core of the product's identity and personality and the one component of the product mix which will never be altered, is developed by the Chairman single-handedly and in the shower. Or by the Chairman's wife, niece, downstairs maid or shoe shine boy. Somehow it seems that launching a new product involves paternity. It is also somewhat mystical. A high priest is required for the laying on of hands and who better to do this than the Chairman? Brands, therefore, are important and valuable assets which are frequently underacknowledged and misunderstood. The processes of new brand de velopment and of brand management are similarly mysterious. This is not to say that certain important components of the branding process-for example design, market research, advertising - are inadequately developed or un professional. Rather, that integrating these particular areas of expertise into a systematic and coherent approach to branding frequently relies mainly on intuition. Furthermore, certain key parts of the branding process - for X

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