However, by creating a set of associations in the consumer’s mind and having Distinctive Assets that trigger those associations time after time, a successful brand significantly improves the odds of a purchase.
What are Distinctive Assets? The book series How Brands Grow recognizes 25 types and seven classes of potentially distinctive assets, but most brands are lucky if they have more than one and that’s usually the logo.
As we enter an era in which digital disruption is changing the environment of brands profoundly, increasing, enhancing, and “weaponizing” your Distinctive Assets are essential.
In this 12-minute video, Steve Osborne, principal of Osborne Pike in the UK, explains the conditions and advantages of this approach. Although the video was created specifically for a soft drinks audience, those involved in design for other categories will benefit from his insights.
With more than 30 years’ experience creating, repositioning, and extending brands, Steve Osborne’s focus is on packaging and its unique role in branding: Simultaneously part of the product as well as a communication medium.
Following a career in Marketing at Unilever, Osborne switched sides to join Design Bridge in its early years. After playing a leading role in that agency's development, including 7 years as Founder and Managing Director of the Amsterdam office, Steve established Osborne Pike 17 years ago.