{"id":25328,"date":"2016-04-20T10:42:29","date_gmt":"2016-04-20T13:42:29","guid":{"rendered":"http:\/\/www.bannersnack.com\/blog\/?p=25328"},"modified":"2023-07-24T14:16:12","modified_gmt":"2023-07-24T11:16:12","slug":"elements-define-product-brand","status":"publish","type":"post","link":"https:\/\/creatopydevelopmentblog.kinsta.cloud\/blog\/elements-define-product-brand\/","title":{"rendered":"The 3 Elements That Define Your Product As A Brand"},"content":{"rendered":"<p>Having a business that sells a product or a service doesn\u2019t mean that you now have a logo. And if you design a logo, create a Facebook page or launch a website it doesn\u2019t mean you have a brand either.<!--more--><\/p>\n<h2><b>What is a brand?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">If you go to Google and look up the word \u201cbrand\u201d you will notice that the results you get are talking about the symbols, a name or a term that distinguishes a product from the other. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to <a href=\"https:\/\/en.wikipedia.org\/wiki\/Brand\" target=\"_blank\" rel=\"noopener\">Wikipedia<\/a>, a brand is:<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201c\u2026a name, term, design, symbol, or other feature that distinguishes one seller\u2019s product from those of others. Brands are used in business, marketing and advertising\u201d.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Well, it\u2019s somehow similar to what I told you, right?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But that doesn\u2019t mean it is 100% accurate. Why? The funny thing is that nowadays everyone that owns a company thinks they also have a brand. Or that because they do something special for this world, have their own blog, have their own Twitter account, they have a personal brand. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">I found a more specific definition about the brand and maybe you should consider this instead of the Wikipedia or Google first pages search results. <\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">\u201cA brand is a set of expectations, memories, stories and relationships that, taken together, account for a consumer\u2019s decision to choose one product or service over another. If the consumer (whether it\u2019s a business, a buyer, a voter or a donor) doesn\u2019t pay a premium, make a selection or spread the word, then no brand value exists for that consumer\u201d<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">And if you didn\u2019t know you wrote this, let me introduce you to Seth Godin and his <a href=\"https:\/\/sethgodin.typepad.com\" target=\"_blank\" rel=\"noopener\">blog<\/a> where you should go and subscribe. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">But let\u2019s get back to our topic today, why your logo or your business is not a brand?<\/span><\/p>\n<p>Because there are specific elements that define your brand on the market and in the customers\u2019 minds. Which ones are those elements and how can you know if you have a brand or not?<\/p>\n<p><span style=\"font-weight: 400;\">I want to share with you my 3 elements that will help you see if you have a brand or not. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">First and most important element is:<\/span><\/p>\n<h2><b>1. The consumer<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">You don\u2019t have a brand if you don\u2019t have a consumer. <strong>Not a customer, but a consumer.<\/strong> So, what\u2019s the difference between a customer and a consumer:<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Customer is the one who buys the product from a seller. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Consumer is the one who uses the product. <\/span><\/p>\n<p>So, which one do you want? A customer that comes and buys from you or a consumer that uses your product or service?<\/p>\n<p><span style=\"font-weight: 400;\">Think about it like this: the one who buys from you will not necessarily use the product as well but the one who actually uses your product or service got it from either the customer or you. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">More exactly, you can rely on a consumer more than on a customer. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Not only will they tell you if your product is good or bad, but after their experience with your it, they will also try to evangelize it. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">When talking about a consumer they will use your product daily, that meaning they already think about your product as a part of their life so here comes the first element that defines your product as a brand. <\/span><\/p>\n<p>[Tweet &#8220;Make the consumer use your product every day.&#8221;]<\/p>\n<p><span style=\"font-weight: 400;\">Now, when I\u2019m traveling by train, there are people around me that read on Kindle, listen to music and play on the phone. What do they have in common? Maybe nothing. For me, they are complete strangers, but they all have one thing in common &#8211; they use a product while traveling. And what does that mean? That that product is a brand for them. A brand that sets an expectation. <\/span><\/p>\n<p>Now think about this: how many consumers do you have? How often do they use your brand on a regular basis?<\/p>\n<p><span style=\"font-weight: 400;\">And here comes the second element that differentiates your business from a product to a brand.<\/span><\/p>\n<h2><b>2. Time<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Time is an important lesson every marketer should understand. Even if we live in a world where everything is moving too fast and sometimes too furious (I still love this movie). <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Marketers don\u2019t have enough patience to grow their product and let time decide whether it can be a <a href=\"https:\/\/newblog.creatopy.com\/blog\/handbook-for-your-brand\/\" target=\"_blank\" rel=\"noopener\">brand<\/a> or not. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">And when say time I\u2019m referring to the context where we live today. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Do you think that Facebook would have been a big brand 15 years ago? Do you think that Uber would have been a great brand 10 years ago? Do you think that iPhone 6 would have been an awesome brand 20 years ago? No. No. No. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Because you need to figure out if your product fits into today\u2019s world and context and can meet the consumers\u2019 expectations. <\/span><\/p>\n<p>[Tweet &#8220;Your product also needs time to become a brand.&#8221;]<\/p>\n<p><span style=\"font-weight: 400;\">A certain moment when people understand that they need it in their life. A moment when the product grows and becomes mature enough for the market. A time when the community decides \u00a0\u201c<\/span><i><span style=\"font-weight: 400;\">Now we have this brand and we love it\u201d<\/span><\/i><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><strong>Give it the amount of time it needs. <\/strong><\/p>\n<p><span style=\"font-weight: 400;\">Not too early and not too late. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">At the perfect time the market is ready to accept it, use it and tell stories about it. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">And I just mentioned the third element that makes your product a brand:<\/span><\/p>\n<h2><b>3. The market<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Do you have a market for your future brand? <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Isn\u2019t there a market for every product and service? Isn\u2019t there a market for every idea we come up with today? <\/span><\/p>\n<p><span style=\"font-weight: 400;\">No. Because the market is where you can decide your product\u2019s price, your product\u2019s level of trust and most of all, where you are compared to your competition. <\/span><\/p>\n<p>There are 3 elements that defines a full-grown market: a consumer, a competition and a price (I\u2019m not talking about money only. There can be other prices such as data, time, energy and so on).<\/p>\n<p>[Tweet &#8220;There are 3 elements that define the market: consumer, competition and price.&#8221;]<\/p>\n<p><span style=\"font-weight: 400;\">Think about Facebook and the market they live in right now. It is a social media market where people need to stay connected with each other. It is a market where brand want to get to a bigger community by using a simpler, efficient tool. And also, it\u2019s a market where the consumer uses the brand in a much different way than 3 or 5 years ago &#8211; from their mobile phone. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">That means Facebook developed a product that can be present in the consumer\u2019s daily life.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Another example where we can see the importance of the market in a product\u2019s life is Uber. What does Uber sell today? Taxi services? No way. Uber sells time. The thing that everybody wants to have. Time to go to a meeting. Time to work faster. Time to stay with your beloved. Time to do whatever you want, when you want and how you want. Using the mobile app, you can get an Uber in the easiest, fastest way, right where you are. And most of all, you don\u2019t have to think about how much money you need to give to the driver. Simple, easy and time saving. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">And all of this because there is a market for Uber too. But more than that, Uber thought about this market, pushed the limit and created a product that fits that context. Uber solved a problem through the service they offer.<\/span><\/p>\n<h2><b>Conclusion<\/b><\/h2>\n<p><span style=\"font-weight: 400;\"><strong>I gave you 3 simple elements to help you figure out if your product is a brand or not.<\/strong> <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Please, try to understand that you don\u2019t have a brand just because you pay a designer to create your logo or because you have a website. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">You need to see if these 3 elements helps you become a brand or not. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">But that doesn\u2019t mean that you can\u2019t have a brand in the future. You just have to work harder and smarter than before. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Let me know what are your biggest struggles when it comes to turning your product into a brand. Comment in the section below and let\u2019s work on it together! <\/span><\/p>\n<p>\u00a9 <a title=\"Pressureua\" href=\"https:\/\/www.dreamstime.com\/pressureua_info\" target=\"_blank\" rel=\"noopener\">Pressureua<\/a> | Dreamstime.com<\/p>\n<p>&nbsp;<\/p>\n<p><iframe src=\"\/\/cdn.bannersnack.com\/banners\/bxp0xqyau\/embed\/index.html?userId=262561&amp;t=1460097825&amp;env=live\" width=\"680\" height=\"220\" frameborder=\"0\" scrolling=\"no\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Having a business that sells a product or a service doesn\u2019t mean that you now have a logo. And if you design a logo, create a Facebook page or launch a website it doesn\u2019t mean you have a brand either. What is a brand? If you go to Google and<\/p>\n","protected":false},"author":13,"featured_media":44059,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3999],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/creatopydevelopmentblog.kinsta.cloud\/blog\/wp-json\/wp\/v2\/posts\/25328"}],"collection":[{"href":"https:\/\/creatopydevelopmentblog.kinsta.cloud\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/creatopydevelopmentblog.kinsta.cloud\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/creatopydevelopmentblog.kinsta.cloud\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/creatopydevelopmentblog.kinsta.cloud\/blog\/wp-json\/wp\/v2\/comments?post=25328"}],"version-history":[{"count":6,"href":"https:\/\/creatopydevelopmentblog.kinsta.cloud\/blog\/wp-json\/wp\/v2\/posts\/25328\/revisions"}],"predecessor-version":[{"id":82355,"href":"https:\/\/creatopydevelopmentblog.kinsta.cloud\/blog\/wp-json\/wp\/v2\/posts\/25328\/revisions\/82355"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/creatopydevelopmentblog.kinsta.cloud\/blog\/wp-json\/wp\/v2\/media\/44059"}],"wp:attachment":[{"href":"https:\/\/creatopydevelopmentblog.kinsta.cloud\/blog\/wp-json\/wp\/v2\/media?parent=25328"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/creatopydevelopmentblog.kinsta.cloud\/blog\/wp-json\/wp\/v2\/categories?post=25328"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/creatopydevelopmentblog.kinsta.cloud\/blog\/wp-json\/wp\/v2\/tags?post=25328"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}