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HOW TO KEEP YOUR PROMISES
INTA Daily News
Strong brands are all about promises – according to John Ross
of The Home Depot, the Annual Meeting's keynote speaker, on May
4, 2004. In a talk full of illustrations, examples and
commercials, Ross explained his vision of branding and revealed
how The Home Depot has built up one of America’s most
successful retail chains.
“It’s a simple idea,” said
Ross. “The brand is a promise, and you have to work less hard
and less hard and less hard as the promise is fulfilled.” The
Home Depot’s promise is, he said: “We can help consumers to
win.”
Ross cited brands such as
Harley-Davidson, Apple Computer and Intel as examples of
products where the brand promises a value such as empowerment
or freedom. He added: “We are custodians of a brand portfolio
as well as retailers … You’ve got to own an idea and make
sure it’s unique to you – or you’ll wake up and be
undifferentiated.”
Ross added that controlling the brand
experience means not just tackling copiers or competitors but
also ensuring that the products fulfill the promise and
controlling the customer experience in local stores. “As long
as the promise is consistent, the brand can evolve,” he said.
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