What Is a Brand in the 21st Century, Anyways?

<p>No, your eyes aren&rsquo;t lying to you. That&rsquo;s The Bee Gees&hellip;advertising&hellip;tape cassettes. That was then. Think about now with me. If I say brand&hellip;today&hellip;can you even define it anymore? In a way that makes sense, for this age, this century, right now? Try. I bet you&rsquo;ll find it harder &mdash; perhaps a lot harder &mdash; than you think. It&rsquo;s not as simple as&hellip;the above. Not anymore.</p> <p>We used to say that a brand was a &ldquo;promise.&rdquo; They&rsquo;ll still teach you that in B-school. But it&rsquo;s not, anymore, at least not in the old sense. The idea back then &mdash; and this originated in the Mad Men days, was that you&rsquo;d buy the product or service to discover if it kept it&rsquo;s promise. You can see exactly this model in the ad above. Even better if someone like The Bee Gees endorse the promise. But now? You can check out if a product or service lives up to it&rsquo;s promise a thousand times a day, in nanoseconds.</p> <p>I&rsquo;ll give you my own example. I make music &mdash; just for fun. I have a little studio at home. I can spend hours on YouTube or countless forums checking out what people think of new products. Guitars, synthesizers, studio gear like EQs and compressors, new plugins for digital audio. There&rsquo;s a whole new career based on all this &mdash; the music influencers, people who are carving out a living doing the&hellip;what I imagine is a pretty fun job&hellip;of reviewing musical instruments and associated stuff. Sure, a brand is a promise, still &mdash; but only in a weak sense anymore. You don&rsquo;t have to interact with the brand ever again to find out if the promise is&nbsp;<em>true</em>.</p> <p><a href="https://eand.co/what-is-a-brand-in-the-21st-century-anyways-fe3e684d2ab4"><strong>Read More</strong></a></p>
Tags: Brand Century