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Subject:
How long does it take to build a brand?
Category: Business and Money > Advertising and Marketing Asked by: bbsaint-ga List Price: $4.00 |
Posted:
30 Oct 2003 21:27 PST
Expires: 29 Nov 2003 21:27 PST Question ID: 271348 |
How long does it take to build a national brand, and how much $ does it take to build a brand? I need help with examples. First good answer get $4. And an additional $5 tip per each additional example. Maximum tip is $20 (i.e. 5 answers = $24). If there are additional good answers, please let me know, and I'll post a separate "google question." For instance, how long did it take to build the brand Powerade and how much did that cost? How long did it take to build the brand Special K cereal (part of Kellogg's) and how much did it spend? How long did it take to build the GAP brand and how much was spent? It's best if the brand example provided was not the first brand of its kind. For instance, Amazon is the best of its kind (online book store), and Starbucks is the first of its kind (premium coffee). | |
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There is no answer at this time. |
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Subject:
Re: How long does it take to build a brand?
From: ipfan-ga on 31 Oct 2003 12:07 PST |
There is an analog in federal trademark law that you might find helpful. In general, to prove trademark infringement you must prove that the defendants mark is confusingly similar to yours. An exception to that arises when a mark has become famous. Once a mark has achieved that status, you can circumvent some of the confusingly similar proof requirements. See Avery Dennison v. Sumpton at http://caselaw.lp.findlaw.com/scripts/getcase.pl?navby=search&case=/data2/circs/9th/9855810.html For purposes of your question, you might be able to argue that once a mark has become famous the owner has succeeded in building the brand, to use your phrase. Fame under trademark law is a fact-based inquiry. Some of the things a court will consider are: (A) the degree of inherent or acquired distinctiveness of the mark; (B) the duration and extent of use of the mark in connection with the goods or services with which the mark is used; (C) the duration and extent of advertising and publicity of the mark; (D) the geographical extent of the trading area in which the mark is used; (E) the channels of trade for the goods or services with which the mark is used; (F) the degree of recognition of the mark in the trading areas and channels of trade used by the mark's owner and the person against whom the injunction is sought; (G) the nature and extent of use of the same or similar marks by third parties; and (H) whether the mark was registered . . . on the principal register. See 15 U.S.C. S 1125(c)(1) (http://caselaw.lp.findlaw.com/scripts/ts_search.pl?title=15&sec=1125) The Avery Dennison case gives a good example of how these factors are applied and may be helpful in analyzing how a brand is built. Although the court does not consider actual amounts spent by Avery Dennison, it does discuss how advertising expenditures are an important factor. Note that the court holds that Avery Dennison is NOT famous. Another thing you could do is examine the financial statements of publicly traded companies at EDGAR (see http://www.sec.gov/edgar/searchedgar/companysearch.html) and see how much they spend a year on advertising and marketing. That might give you a rough idea of what they spend to develop and preserve a brand. |
Subject:
Re: How long does it take to build a brand?
From: blurb-ga on 01 Nov 2003 17:35 PST |
the short answer is six months, if you have an unlimited budget, but really this is a question with no answer- there are so many "observable" variables that will affect the outcome: what is the product, how many other products are there in the market, what media are you using to advertise, is the advertising effective, how big is your budget, how big is it compared to other advertisers in the market, are you looking for spontaneous or prompted brand awareness etc. etc. Thats not to mention the various unobservable variables that mean even informed projections that incoporate all of the known facts have generally poor accuracy. |
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