Brand as a status symbol

What is status? According to Wikipedia it is the honor or prestige attached to one's position in society. (one's social position) In consumer societies status can be achieved by owning certain brands. For instance, if you drive a Ferrari, you are considered as a higher status person than an owner of a Sebring because buying goods that others [...]

Indisputable rules of branding

We discussed that a brand is a promise . We also talked about the importance of a brand’s purpose. Defining your promise and purpose are the first steps of branding.  Next, you have to deliver your promise and create a pleasant experience for your customers. A brand for a company is like reputation for a [...]