Friday, December 19, 2008

POWER in the NAME

Shakespeare said “Whats in a name” and signed underneath.

A few brand names which say it all....

When its noodles – its got to be Maggi

When its mineral water – its Bisleri

And the most popular one being XEROX.

 A brand which is widely known in the marketplace acquires brand recognition. When brand recognition builds up to a point where a brand enjoys a critical mass of positive sentiment in the marketplace, it is said to have achieved the ultimate.It has not been a cake walk for these brands though.

Before Parle bought Bisleri in 1969, the company had been unable to market bottled water and wanted to exit the market.They did not have target group and the mighty problem being “How to advertise bottled water that is colourless, tasteless and odourless”?In 2000 , the company saw growth of nearly 400 %.In spite of a lot of brands joining the race , Bisleri is still - BRAND BOTTLED WATER.

XEROX is a name so synonymous with photocopy that the word “Xeroxed” is officially in the English dictionary. XEROX ,STD , ISD , PCO is the most common board anyone sees in India. It is CANONized as the only photocopier brand.

Maggi – This five letter word is what kids call an earthworm also. Jokes apart , this instant noodles brand has become a trustworthy  companion for breakfast ,lunch,dinner ,anytime anywhere.Probably this is the only brand of which you read and you start craving.I think the marketers are yet to come up with a term for such a consumer behavior.

 

6 comments:

Surbhit said...

Really hard to read the blog.. blue font on black background..

Sunitha Kotadia said...

i like the maggie part..so true!!

Sheela said...

Good job Ms. Thinkank! :-)

yogesh patel said...

thats all because of the first mover advantage which all these companies have ,people in tier-II and rural areas dont ask for mineral water instead they say that bhaiya-ek Bisleri Dena.thats the power of Brand Name

Deeptaman Mukherjee said...

The term which is used and was not mentioned in the post is "Iconic Brand". Iconic brands are those brands which become synonymous with their categories and often used interchangeably.

Rin, Surf are more examples of the same.

Cheers,

DeeP.
http://marketingenvironment.blogspot.com

Anirban Dutta said...

A nice post but slightly illegible ... owing to the colour contrast.

The names like 'Xerox', 'Maggi', 'Rin' are meticulously chosen. The underlying reason being these words once pronounced make a typical sound which is easy to remember and recall.

For the last paragraph ... a human tendency to feel hungry on the sight/thought of a food item is called 'smorgasbord syndrome'.