Information is Key in New Brand Paradigm
Topic Product Concepts (Branding, Packaging, and Labeling)
Key Words Brand equity, product development
InfoTrac Reference A103239931
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News Story 

When it comes to communicating the value of a brand, lists of features and benefits only go so far - it is the other aspects of the brand that create stickiness with the consumer, something that the consumer really wants to choose actively. It is the information about a brand that is responsible for connecting features and benefits to consumers in meaningful ways.

People want products not only to do things for them, but also to make them feel something about themselves. Intellectual capital - some intriguing or helpful information about a product - is one means by which a connection can be made with the consumer, far beyond what a product does or how it performs.

In the new brand paradigm, information is key. The real promise of intellectual capital is realized when knowledge becomes so intertwined with the brand that the brand itself becomes "brainy".

Questions
1.

According to the author, when does knowledge become so intertwined with a brand that the brand becomes "brainy"?

2.

In the article, what discount retailer is praised for leveraging its intellectual capital for brands, and why? Can you think of a brand that thrives because of the intellectual connection consumers have with it?

Source Shannon Zastrow, "Your coffee is awful: knowledge is key to peace of mind, brand loyalty," Everett Business Journal, June 2003, v6 i6 pA19(2).
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