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  • Digg it UP - What Image Does A Good Brand Name Have On Customers?

    Popular Business Cards
    Business cards are continually in use and never seem to lose their popularity. They are conveniently small and contain no unnecessary information. The essential details of a business are all printed on the card. At one glance the receiver of the card will know what type of business if is and where it is situated.The new business owner can start an advertising campaign with these little cards. The distribution of these ca
    cts at a premium price and cater to a high end clientele.

    Recognition –
    The recognition of a brand name is half the battle for a business. But this can have both positive and negative effects. If a customer has ever had a bad experience, he or she will avoid your brand product or service and convince others to do the same. With a generic product offering, you do not face this recognition problem. On the other hand, in case your business wants to co-brand or sponsor an event, having a recognizable brand name will re-enforce the recall value.

    Loyalty –
    An established brand name inspires loyalty. A customer will tend to pick your brand if he or she r

    Mental Skills in Business: The 7 Key Rules of the Mental Road (Part 1 of 2)
    Why is it that in some situations, our personal performance is so good while in others we struggle and cannot seem to get into the groove where we do our best work? Is it because we forget, from one day to the next, the important details of our profession or what it takes to excel? Of course we all know that this is not the reason we sometimes follow up a great personal performance with one that leaves something to be desired. The
    Almost everything these days is available in a branded version. There are cola brands, electronics brands, clothing brands, car brands – in fact schools and educational institutions are branding themselves and so are people. You will find that independent consultants in any field need to make a brand name out of themselves to succeed. An interesting example is a famous dog behavior psychologist who works for celebrities and is known only by his first name now in Hollywood, on Oprah, throughout the USA. Brands set themselves up to rival other brands in their segment and in a sense ‘take them on’ by retaliating to their every move. This happens in telecom, colas, cars and many other sectors.

    But what they are all fighting for is something called ‘mind share’. It is a similar concept to market share except that it is used to name a brand that becomes almost synonymous with the product or service sold. It is the highest possible recall value in a customer’s mind, which means that he or she will buy only your product or service. Let’s see what effect a good brand name will have on a customer’s behavior.

    Inspires confidence –
    A brand name tends to inspire trust in the product or service because the customer feels that ‘it sounds familiar’. It makes the customer think that this is an established product and this carries connotations of higher quality. Further, it makes people assume that a number of others have trusted and used the company’s products.

    Sets a standard of expectations –
    The customer will buy the product with a higher set of expectations from it. He or she will assume that due to its good brand name, the quality of the product is better and set a higher bar for its performance standard. The customer is more likely to be disappointed and put off the brand for good if the product develops problems early in its life. In addition to this, the customer also knows what to expect since a certain brand will have a particular connotation of high or lower quality attached with it. For instance, a traveler on a budget airline such as South West will know to expect a no-frills service offering.

    Spend more –
    Branding can often convince a customer to spend more. Clothing brands often operate on this principle. A teenager will spend over $50 on a pair of pajamas from Abercrombie and Fitch due to the association of the brand with a certain image and lifestyle that the teenager admires and wishes to emulate. An expensive car such as a Rolls Royce has a premium value due in part to special technology and machinery added to it and in part to its status as a lifestyle product. This type of brand name creation allows the company to sell products at a premium price and cater to a high end clientele.

    Recognition –
    The recognition of a brand name is half the battle for a business. But this can have both positive and negative effects. If a customer has ever had a bad experience, he or she will avoid your brand product or service and convince others to do the same. With a generic product offering, you do not face this recognition problem. On the other hand, in case your business wants to co-brand or sponsor an event, having a recognizable brand name will re-enforce the recall value.

    Loyalty –
    An established brand name inspires loyalty. A customer will tend to pick your brand if he or she re

    When to Establish an In-House Advertising Agency
    In my thirty years as an advertising consultant, I ran into many businesses that could have benefited from an in-house advertising agency. Instead, they spent fortunes on various agencies that were more concerned with making money than helping the client. So perhaps it’s time to set the record straight and offer some advise to anyone that fits the following criteria. There are several types of businesses that could
    many other sectors.

    But what they are all fighting for is something called ‘mind share’. It is a similar concept to market share except that it is used to name a brand that becomes almost synonymous with the product or service sold. It is the highest possible recall value in a customer’s mind, which means that he or she will buy only your product or service. Let’s see what effect a good brand name will have on a customer’s behavior.

    Inspires confidence –
    A brand name tends to inspire trust in the product or service because the customer feels that ‘it sounds familiar’. It makes the customer think that this is an established product and this carries connotations of higher quality. Further, it makes people assume that a number of others have trusted and used the company’s products.

    Sets a standard of expectations –
    The customer will buy the product with a higher set of expectations from it. He or she will assume that due to its good brand name, the quality of the product is better and set a higher bar for its performance standard. The customer is more likely to be disappointed and put off the brand for good if the product develops problems early in its life. In addition to this, the customer also knows what to expect since a certain brand will have a particular connotation of high or lower quality attached with it. For instance, a traveler on a budget airline such as South West will know to expect a no-frills service offering.

    Spend more –
    Branding can often convince a customer to spend more. Clothing brands often operate on this principle. A teenager will spend over $50 on a pair of pajamas from Abercrombie and Fitch due to the association of the brand with a certain image and lifestyle that the teenager admires and wishes to emulate. An expensive car such as a Rolls Royce has a premium value due in part to special technology and machinery added to it and in part to its status as a lifestyle product. This type of brand name creation allows the company to sell products at a premium price and cater to a high end clientele.

    Recognition –
    The recognition of a brand name is half the battle for a business. But this can have both positive and negative effects. If a customer has ever had a bad experience, he or she will avoid your brand product or service and convince others to do the same. With a generic product offering, you do not face this recognition problem. On the other hand, in case your business wants to co-brand or sponsor an event, having a recognizable brand name will re-enforce the recall value.

    Loyalty –
    An established brand name inspires loyalty. A customer will tend to pick your brand if he or she r

    Redundancy - Contradictory New Rulings On Ageism May Lead to Unfair Dismissal
    A call today on our Redundancy Hot-Line started us thinking again about the contradictory implications of old legislation on new rulings on Ageism, due to come into force in the UK in October 2006.At the moment the European Equal Treatment Directive, commits the UK Government to introducing legislation outlawing age discrimination in employment and vocational training, by October 2006, but critics say that so far the governm
    tations of higher quality. Further, it makes people assume that a number of others have trusted and used the company’s products.

    Sets a standard of expectations –
    The customer will buy the product with a higher set of expectations from it. He or she will assume that due to its good brand name, the quality of the product is better and set a higher bar for its performance standard. The customer is more likely to be disappointed and put off the brand for good if the product develops problems early in its life. In addition to this, the customer also knows what to expect since a certain brand will have a particular connotation of high or lower quality attached with it. For instance, a traveler on a budget airline such as South West will know to expect a no-frills service offering.

    Spend more –
    Branding can often convince a customer to spend more. Clothing brands often operate on this principle. A teenager will spend over $50 on a pair of pajamas from Abercrombie and Fitch due to the association of the brand with a certain image and lifestyle that the teenager admires and wishes to emulate. An expensive car such as a Rolls Royce has a premium value due in part to special technology and machinery added to it and in part to its status as a lifestyle product. This type of brand name creation allows the company to sell products at a premium price and cater to a high end clientele.

    Recognition –
    The recognition of a brand name is half the battle for a business. But this can have both positive and negative effects. If a customer has ever had a bad experience, he or she will avoid your brand product or service and convince others to do the same. With a generic product offering, you do not face this recognition problem. On the other hand, in case your business wants to co-brand or sponsor an event, having a recognizable brand name will re-enforce the recall value.

    Loyalty –
    An established brand name inspires loyalty. A customer will tend to pick your brand if he or she r

    Yes - You CAN Compete with Offshore - Part I
    American companies historically are driven to look at the bottom line. This is in contrast to German companies, which tend to focus on technology; or Japanese companies, which tend to focus on geography. While the bottom line focus does show a snapshot of company performance, it reveals nothing of what generated that final number OR what can be done to improve it. BUT we use it anyway to make many decisions, and we can be fool
    it. For instance, a traveler on a budget airline such as South West will know to expect a no-frills service offering.

    Spend more –
    Branding can often convince a customer to spend more. Clothing brands often operate on this principle. A teenager will spend over $50 on a pair of pajamas from Abercrombie and Fitch due to the association of the brand with a certain image and lifestyle that the teenager admires and wishes to emulate. An expensive car such as a Rolls Royce has a premium value due in part to special technology and machinery added to it and in part to its status as a lifestyle product. This type of brand name creation allows the company to sell products at a premium price and cater to a high end clientele.

    Recognition –
    The recognition of a brand name is half the battle for a business. But this can have both positive and negative effects. If a customer has ever had a bad experience, he or she will avoid your brand product or service and convince others to do the same. With a generic product offering, you do not face this recognition problem. On the other hand, in case your business wants to co-brand or sponsor an event, having a recognizable brand name will re-enforce the recall value.

    Loyalty –
    An established brand name inspires loyalty. A customer will tend to pick your brand if he or she r

    Internet Marketing Advertising - How to Make the Most of It
    What is internet marketing advertising? Well, it can come in a variety of forms. The more you are able to get your product name out over the internet, the better. Some of it can be delivered via free information to your visitors, while other forms will require payment.Using internet marketing advertising can be the difference between success and failure in the successful creation of a profitable business. Many who enter the
    cts at a premium price and cater to a high end clientele.

    Recognition –
    The recognition of a brand name is half the battle for a business. But this can have both positive and negative effects. If a customer has ever had a bad experience, he or she will avoid your brand product or service and convince others to do the same. With a generic product offering, you do not face this recognition problem. On the other hand, in case your business wants to co-brand or sponsor an event, having a recognizable brand name will re-enforce the recall value.

    Loyalty –
    An established brand name inspires loyalty. A customer will tend to pick your brand if he or she recognizes the name and will probably stick with it if he or she experiences no problems.

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