Brands are an integral part of our lives and significantly shape our identity, aspirations, and consumption patterns. Brands are more than a name, a logo, or a product. They represent values, beliefs, and emotions that people associate with them. The meaning of a brand is not determined by the company alone but by the consumers who interact with it. Brands play a crucial role in consumer decision-making, providing a shorthand for quality, trust, and identity. However, brands are not created in a vacuum – various internal and external factors shape them, including marketing, advertising, customer experiences, cultural trends, and consumer feedback.
The term "brand" has evolved and has various meanings and connotations. According to the American Marketing Association, a brand is "a name, term, design, symbol, or any other feature that identifies one seller's good or service as distinct from those of other sellers." This definition emphasizes the functional aspect of branding, which is to differentiate a product or service from its competitors and establish a unique identity. However, this definition needs to capture the full complexity of brands, encompassing intangible factors such as emotions, values, and experiences. In his book "Brand Sense," branding expert Martin Lindstrom defines a brand as "a sensory experience that communicates a set of values." This definition highlights the importance of multisensory cues, such as sound, scent, and touch, in creating a brand experience that resonates with consumers.
Consumers are not passive recipients of brands but active participants who co-create the brand's meaning. Consumers associate brands with their self-identity, values, and lifestyle. Brands often signal one's status, personality, and preferences. People choose brands that align with their self-image and values and help them express their unique identity. For example, a person who values sustainability may prefer to buy products from brands known for their eco-friendly practices. Consumers also use brands as a source of social identity and belongingness. Brands serve as a way to identify with a particular group or community.
People often choose brands associated with their social identities, such as gender, age, culture, or subculture. For example, a person who identifies as a gamer may prefer buying products from popular gaming brands. Brands are not only a source of identity and belongingness but also a way to express emotions and create memorable experiences. Brands often evoke happiness, nostalgia, excitement, or trust. People form emotional bonds with brands that create positive experiences and memories. For example, a person may fondly remember drinking Coca-Cola with their friends during a summer vacation, which creates a positive association with the brand.
While companies are often seen as brands' primary creators and guardians, consumers also play a significant role in shaping and defining brands. Consumers interact with brands through various touchpoints, including advertising, packaging, website design, customer service, and social media. Consumers form impressions and opinions about the brand at each touchpoint based on their experiences and perceptions. These impressions can be positive, negative, or neutral, influencing the consumer's decision to buy, recommend, or avoid the brand. Consumers also contribute to the creation of brands through co-creation and user-generated content. Co-creation involves the active participation of consumers in developing a brand's products, services, or marketing campaigns.
For example, LEGO's Ideas platform invites fans to submit and vote on new LEGO sets, which the company can produce and sell. User-generated content is any content consumers create that promotes or reflects a brand, such as social media posts, reviews, and videos. User-generated content can be a powerful tool for building brand awareness and engagement, as it is often seen as more authentic and trustworthy than traditional advertising.
Brand communities are groups of consumers who share a common interest or passion for a particular brand and interact with each other and the brand in various ways. Brand communities can take many forms, from fan clubs and forums to social media groups and events. Brand communities give consumers a sense of belonging and identity and opportunities for socializing, learning, and self-expression. They also offer valuable insights and feedback to companies, as brand community members are often highly engaged and knowledgeable about the brand.
One example of a thriving brand community is the Harley Owners Group (HOG), which Harley-Davidson founded in 1983. HOG has over one million members worldwide, participating in local and international events, riding together, and sharing their passion for Harley-Davidson motorcycles. HOG has become a crucial part of the Harley-Davidson brand experience, reinforcing the brand's values of freedom, individuality, and adventure.
The phrase 'brand image' represents the differentiation, reputation, and goodwill associated with a brand. Most customers cannot distinguish between labels when removed from products. Nevertheless, when brand names are introduced, they demonstrate definite preferences. This is because consumers identify themselves in terms of the symbolic worth of their things. Generally, brand image is more important in product circumstances when the decision is made based on subjective factors. In other words, 'brand image' is more prominent when customers struggle to judge numerous choices using strictly objective measurements.
As a result, buyers appear to buy the brand's overall symbolic meaning. Image is an abstract notion that incorporates historical advertising, reputation, and peer appraisal of that brand. As a result, the symbolic meaning associated with a brand will vary depending on various criteria. From its customers' perspective, each brand has a distinct blend of identity. In general, any brand's whole appeal is made up of three categories of appeals.
When you buy a specific brand, you may question yourself. For example, if you want to buy a CTV, you may wonder how the brand will perform, how it differs from other brands, what benefits and particular functionalities it provides, and so on. As a result, the first dimension is mainly concerned with the performance component and its assessment.
Continuing with the CTV example, the assessment and evaluation now change your attention to the brand's sensory gratification/appeals: would you be more concerned about how the audio/sound performs? Visual perception, convenience, and other aesthetic delights, etc.
Furthermore, as a customer, you would consider social concerns if you plan to buy a specific Cable brand, bearing in mind how your friends, families, and neighbors, among others, would see the choice. As a result, emotion is another dimension of brand image. Consequently, you would think about the brand's aesthetic, the atmosphere it produces, and the psychological benefits it provides. These characteristics are intangible, yet they have a significant influence and impression on the consumer.
All of the attractions outlined above work together to create the brand image. Finn's advertising function and other marketing initiatives form the foundation of the Brand Image. Finally, the average customer will respond to and filter numerous communications about the brand depending on their economic standing and lifestyle. They will construct an image based on their knowledge, beliefs, perceived biases, and predisposition.
Consumers play a crucial role in shaping the brand's identity and reputation by co-creating the brand's meaning. The meaning of a brand is not fixed or static but continuously evolves based on the consumer's interaction with it. Consumers interpret and give brands meaning based on their experiences, beliefs, and values. These meanings are then shared through social interactions, such as word-of-mouth, online reviews, or social media.
Consumers also create user-generated content, such as videos, photos, or blogs, to influence the brand's identity. User-generated content allows consumers to express their creativity and personal experiences with the brand, which can create a more authentic and relatable image of the brand. For example, many brands encourage their customers to share their photos and experiences with the brand on social media, which creates a more engaging and personalized brand identity.
Authenticity and trust are essential in creating a meaningful and long-lasting relationship between consumers and brands. Consumers are more likely to associate with authentic, transparent, trustworthy brands. Authenticity refers to the degree to which a brand's identity and values are consistent with its actions and behaviors. Brands that practice what they preach and are genuinely committed to their values are more likely to gain consumer trust and loyalty.
Trust is an essential factor in creating a positive brand image and reputation. Trust is built on a foundation of reliability, competence, and integrity. Consumers trust brands that deliver on their promises, provide high-quality products and services and demonstrate ethical behavior. Brands that fail to deliver on these expectations risk losing consumer trust and damaging their reputation.
In conclusion, brands are more than just a name, logo, or product; they represent a set of values, beliefs, and emotions that consumers associate with them. The meaning of a brand is co-created by the consumers who interact with it based on their personal experiences, beliefs, and values. Consumers use brands to signal their self-identity, values, and lifestyle, as well as to express emotions and create memorable experiences.
Brands are constantly evolving and influenced by various internal and external factors, including marketing, advertising, customer experiences, cultural trends, and consumer feedback. Authenticity and trust are essential in creating a meaningful and long-lasting relationship between consumers and brands. While companies are often seen as brands' primary creators and guardians, consumers also play a significant role in shaping and defining brands.