Take cheap fabric (the cheapest)
make pants using a 100 year old design = production cost $7 Why ? PUT THE NAME LEVI’S ON THESE ORDINARY PANTS : AND CHARGE $40 (no problem)
Take a human being and
break him or her down to the smallest components – atoms . Take that stuff to the commodity market and try sell it – you might get $2 US. (R14) Why ? INSTEAD REASSEMBLE THE PERSON – CALL HIM TIGER WOODS AND ASK FOR AN ANNUAL SALARY OF MORE THAN $80 000 000
What is a BRAND ?
“ A brand is more than a name or a logo – it is a promise and a contract with every customer with whom you are dealing. And if people feel that the offering does not live up to what they expect from the brand, they will decide to stop buying” - Richard Branson
“ Apple opposes, IBM solves,
Nike exhorts, Virgin enlightens, Sony dreams, Benetton protests. … Brands are not nouns but verbs . ” Jean-Marie Dru, Disruption What is a BRAND ?
“ We must look upon
ourselves as a company with our own intellectual balance sheet and brand name . We need to invest in ourselves and market ourselves. Rather than employment security funky people go for employability – constantly updating their skills so that they are desirable to potential employers all the time and at any time” - Jonas Ridderstrale & Kjell Nordstom – Funky Business Individuals as BRANDS ?
“ A great brand taps
into emotions …. Emotions drive most, if not all, of our decisions. A brand reaches out with a powerful connecting experience . It’s an emotional connecting point that transcends the product” - Scott Bedbury – Branded NIKE and STARBUCKS
“ Vision is a love
affair with an idea.” — Boyd Clarke & Ron Crossland, The Leader’s Voice
“ There is a very,
very, very fine line between success and failure …. it is about being constantly hammered and coming back from the hard times and low moments.” - Robbie Brozin – Nandos
“ If you can force
your heart and nerve and sinew to serve your turn long after they are gone , and so hold on when there is nothing in you except the will which says to them: ‘Hold on!’” - Rudyard Kipling…… from the poem “IF”