BRANDS AND BRANDING
Submitted By : Saimantik Ray (Department of BBA (Batch : 2019-2022)
University Roll No : 15205017102
So what is brand? Brand is basically a type of product by a particular company under a particular name. A brand is a name , term , design , symbol or any other feature that identifies one seller’s goods or service as distinct from those of other. The practice of branding was started with the ancient Egyptians , who were known to have engaged in livestock branding as early as 2700 BCE . Branding was used to differentiate one person’s cattle from another’s by means of a distinctive symbol burned into the animal’s skin with a hot branding iron . Then there are many types of brand of which some are well known , well established while some are not so .
The symbol of brands also represents something here I give a few examples of it :-
- The U OF Unilever is filled with variety of random images but every single image depicts the range of products Unilever manufactures .
- The three strips of Adidas logo represents a mountain , pointing out towards challenges and goals people need to over come . The full form of Adidas is Adolf Adi Dassler .
- In Greek mythology ,Nike is the Winged Goddess of Victory . The logo is derived from goddess ‘wing’,’swoosh’, which symbolizes the sound of speed , movement , power and motivation.
- The Puma logo has an image of a leaping Puma , which is also called a cougar , a panther that is active both day and night and can jump upto 20 feet high by using this symbol Puma summarizes the feature of its product.
- BMW or Bayerische Motoren Wreke or Bavarian Motor Works dates back to 1917. It emerged from a renaming of the aircraft engine manufacturer Rapp Motorenwreke located in Munich capital state of Bavaria southern Germany. The blue and white coloured quadrant symbolizes the free state of Bavaria.
- The emblem of Audi has four rings which symbolizes the amalgamation of four motor vehicles manufacturer : Audi , DKW , Horch and Wanderer.
- The Amazon logo the arrow at the bottom seems like a smiley which shows the range of products available that is from a to z .
- The H in Hyundai represents a silhouette of two individuals shaking hands which symbolizes the good relationship between the seller and the customer .
- ROLEX is a Swiss luxury watch maker and the word Rolex comes from a French phrase horlogerie exquise meaning ‘hoROLogical EXellence”.
- The ‘3M’ company which produces good from medical and office supplies to electronic circuitry, was formerly known as ‘The Minnesota Mining and Manufacturing company’ later changed to ‘3M’ .
People purchase a good on seeing upon its brand the reason behind is that a brand is not just only a name but a symbol of surety and trust that a customer can have upon on that company . Branding a product means giving it license to capture the market and the hearts of many people and it also allows the seller to hike the price , for example we all use a pen in our daily life there are some pens costing Rs 2 to Rs 20 but there are pens that cost even few lakhs like Montblanc , S.T Dupont , Caran D’Ache .This clearly shows the power of branding .