Thursday, July 29, 2010
How to Brand Better than McDonalds
Most likely, no.
What does it mean? Cheap hamburgers? Great french fries? Happy Meals? Mick-anythings? If you have a child, that golden M means only one thing: toys. You did realize that the largest distributor of toys in the world is McDonalds? Well it is. And anyone charged with chauffeuring toddlers around in their mini-vans and SUVs knows that if they don't want to go to Mickey-D's for lunch, they better start distracting junior as they race by.
Amazing - a child that does not even know what the alphabet is, can discern what that "m" means. Now that's branding!
The point is, you have an opportunity — right from the start — to recognize what you have in your brand and utilize it in every piece of marketing you create. Do so, and you maximize the profit potential from every marketing dollar you spend. And what if you don't? Well, if you recognize that your brand is greater than your logo, you could well be on your way just the same - just not as smartly or as profitably. McDonalds didn't know what they had, but forged ahead just the same and became one of the world's greatest companies.
So here's your chance to outshine Ronald McDonald and all of his friends. Start by seeing your own golden "m".