Although branding is a word often used in marketing, its meaning has changed over time. Initially, it was used by cattle ranchers to identify their cattle.
Later, it was somewhat synonymous with “trademark,” a label to inform a consumer about the manufacturer of a product. For instance, Coca-Cola is a carbonated beverage made by the Coca-Cola Company.
In today’s world, branding has acquired an even more subtle meaning: it’s a way of influencing perception. For instance, Coca-Cola is not just the name of a soda. It’s a carbonated beverage that offers the distinct flavor and taste of a secret formula patented by the Coca-Cola Company. A branded name is now associated with the unique qualities of a product.
Once you understand that branding is linked to consumer perception, one shaped through public relation and advertising campaigns, it becomes clear why maintaining brand consistency, especially for companies just starting out. Click Here to Read Article …