To us, academicians, it has been taught by eminent professors, having "Rock-Turning Approach", to define the subject. Therefore, to begin this article I thought of defining the term "Branding". But to a layman, it is still a word of mystery.
Whenever the word "Brand" is uttered, somehow people relate it with the reputation of a product in the market. A more realistic approach to understand the brand might be to contrast it with the physiology and psychology of the human beings who are the creators of this oft discussed and highlighted subject in the zone of marketing and advertising.
Reputation
is about everything a company does, wherever and whenever it does it. It is projected
by all messages emanating from that company, its associates and its entire staff.
Reputation is more or less like perception, it might not be exactly real, but
it depends upon the person who perceives it. And as people have their own unique
persona so do the companies. When a company works in different countries, with
different types of people, belonging to different cultures, it becomes imperative
for the company to work as per the expectations and needs of the environment to
have a consistent and successful presence without any lapses. Brand reputation
is to make the product figure in the minds of the customers in a beautiful way
so that the customer develop a love affair with it. |