Thoughts & Notions

Archive for January, 2010

A Product is NOT a Brand

Monday, January 18th, 2010

product-vs-brand

Having a great product is no longer a guarantee of success. A Bain & Co. survey notes that 80 percent of CEOs believe that their product is differentiated, but only 8 percent of consumers agree. To truly stand out in the market, a product must embody the characteristics of its brand. But, with all the hoopla around branding, it’s no wonder that companies are continually lured into believing that their brand is their product and their product is their brand. (more…)