Kaled K. Hameide
Hameide, K. (2011). Fashion branding unraveled. New York: Fairchild Books.
Brand Failure
- Branding is neither easy nor cheap
- In reality, more products fail then succeed; some sources estimate that about 90% of all new products die within five years, and of those 85% fail shortly after their launch
- The branding process goes through four major steps which can be summed up as:
1. The brand decision: Customer, Company, Culture
2. The positioning Strategy
3. The communication strategy
4. The brand audit (growth, repositioning, and so on)
- In 1990, Tommy Hilfiger thought that it could compete with chic European brands like Gucci or Prada
- It decided to reduce the size and usage of the very American logo as well as opening up stores in LA hoping to bring in trendy shoppers but this didn't work
- The average shopper's age of the area was much older than the brand's clientele, the move was a big mistake
- The company also decided to introduce Red Label, the short-lived luxury line with no logo attached and for a higher price
- The fact that the line was still attached to the Hilfiger name and image, it never attracted enough new high-end customers
- This strategy was a big failure
- To sum up, the brand was positioned in the wrong markets, at wrong price points, addressing wrong competitors, and targeting wrong customers
Identity Symbols
- Identity symbols include names, logos, typeface and typography, colour, packaging and personality
Names
- Brand name is the first point of contact between product and customer, this makes it an important choice made by the producers
- Need to be memorable and play a role in evoking associations
- Successful branding transforms a name into a trigger by which consumers can recall a brand identity
- Despite this importance, the name alone does not tell us much about a brand, unless it is backed up by a clear personality and meaning
- Criteria for an effective name can be:
> easy to remember
> easy to pronounce
> appropriately significant
> anticipating potential growth
> works well with various media options such as prints, TV, and billboards
> Available to be trademarked and legally protected
Logos and Initials
- Logos come in different shapes and forms that include:
> monograms (LV and YSL)
> Signatures
> Names or abbreviations, such as Dior and Valentino
> Symbols and shapes such as polo figure, Lacoste crocodile, nike swoosh
- The power of the logo lies in the ability to acquire an international appeal easier than a name can
- In addition, some names may be hard to pronounce in different languages
- Logos are visual interpretations of brand that may be much easier to remember
- Logos can be pure, colourful graphics or a combination of graphic, colour and content
- Some research suggests that the brain acknowledges shape first, then colour, then content
- Effective logos follow many of the principles:
> need to be memorable
> are easy to identify and recognise
> provide an appropriate and consistent image of the brand
> communicate the brand's personality
> can be legally protected
> work well across media in terms of their scale, form, colour