Brand and Branding - A Fundamental Difference
Saturday, May 31st, 2008The common misconception in branding is that your brand and branding your company are the same thing. They are definitely related, but they are definitely not the same thing. We you can grasp the fundamental difference between the two, you can leverage your brand more effectively. Confusion between the two can lead to problems establishing your brand because you might overlook something very important.
First, in their most basic sense, a brand is a concept and branding is communicating a brand concept. Did you catch it? A brand in an idea and branding is implementing that idea. To use an analogy, the brand is the bullet and branding is the gun. Branding applies the brand to your target market just like firing a gun at an intended target.