I have a new Ford Mondeo – brilliant car – so I was interested in where Ford as a brand was in the tables. Almost in an identical position @ 32 and 33.

Why is this?

Well it goes without saying that the larger the brand footprint the more people will have been exposed to it. But those who have not got a ‘new’ Ford may still have old views of the product and the brand, and need to justify to themselves that the extra £10,000 they paid for the equivalent Audi or BMW was really worth it. So is that really the value of a brand or lack of it?Yet in understanding brands properly, not simple the using of a name and a logo, we have to engage the emotional values.

The best way of understanding the importance of brand and product is to see

PRODUCTS AS PEOPLE and BRANDS AS FRIENDS

Now with friends the reason we like them is often the reason we don’t like some other people.

Marketing Superior thought: You don’t have a brand unless people have an emotional bond to it. But remember human emotions are fickle so be very careful how you play with them. That is why brand development is one of the key elements of marketing but it doesn’t stop it from being the most mis-understood and the most valued prize.

Ask Ford I’m sure they would like to get an extra £10,000 for every Mondeo!

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