{"id":697,"date":"2008-07-25T06:00:05","date_gmt":"2008-07-25T05:00:05","guid":{"rendered":"http:\/\/www.corporate-eye.com\/?p=697"},"modified":"2008-07-25T03:45:16","modified_gmt":"2008-07-25T02:45:16","slug":"brand-vs-commodity","status":"publish","type":"post","link":"https:\/\/www.corporate-eye.com\/main\/brand-vs-commodity\/","title":{"rendered":"Brand vs. Commodity"},"content":{"rendered":"<p>The next time someone in your company suggests to you that investing in brand development, positioning and messaging isn&#8217;t important, remind them that without your brand, you&#8217;d have little left to compete with than price.\u00a0 In other words, without your brand, you&#8217;re just another commodity.<\/p>\n<p>Certainly, your products and company offer features and benefits that consumers want and need, but it&#8217;s your brand that makes those features and benefits recognizable and preferred.\u00a0 Those features and benefits are extensions of your brand.\u00a0 Will they function on their own without a brand to support them?\u00a0 Perhaps, but a brand makes those features and benefits much more powerful and helps to further differentiate them from anything else available on the market.\u00a0 The brand makes them special and makes customer loyalty possible.<!--more--><\/p>\n<p>Your brand is your most important asset.\u00a0 Think of it this way, despite all its time in business and all its successes, what is a company like Coca-Cola without its brand?\u00a0 What about a company like Mercedes or even McDonald&#8217;s?\u00a0 Would those companies survive and thrive without their brands?\u00a0 It&#8217;s hard to say, but investing in those brands and building them to what they are today has helped to grow those companies to become leaders in their respective markets.\u00a0<\/p>\n<p>So the next time someone in your company suggests to you that branding isn&#8217;t important, ask them if they think the leaders of companies like Coca-Cola and McDonald&#8217;s would agree.\u00a0 I bet that person will start to see the light.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The next time someone in your company suggests to you that investing in brand development, positioning and messaging isn&#8217;t important, remind them that without your brand, you&#8217;d have little left to compete with than price.\u00a0 In other words, without your brand, you&#8217;re just another commodity. Certainly, your products and company offer features and benefits that [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[95],"tags":[191,100,340,341,96,57,342,343],"class_list":{"0":"post-697","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-brand","7":"tag-brand-position","8":"tag-brand-strategy","9":"tag-brand-value","10":"tag-brand-worth","11":"tag-branding","12":"tag-coca-cola","13":"tag-mcdonalds","14":"tag-mercedes","15":"entry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - 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