A brand should strive to own a word in the mind of the consumer.
To build a brand, you must focus your branding efforts on owning a word in the prospect’s mind. A word that nobody else owns.
Once a brand owns a word, it’s almost impossible for a competitor to take that word away from the brand. Saab tried to take “safety” from Volvo but failed; Volvo has locked itself in the mind of the consumer.
How do you know when a brand owns its category name? When people use the brand name generically.
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