Showing posts with label Brand Names. Show all posts
Showing posts with label Brand Names. Show all posts

Thursday, July 9, 2015

All Greek To Me

For a country with a population as much as Bangalore, Greece has indeed piled up a mountain of debt. As per experts, the Greeks owe their creditors nearly 353 billion dollars. To put things in perspective, that’s twice the size of the IT industry in India!

While the Greek tragedy unravels yet again, it might be a good idea to explore what the business world owes the nation that gave us democracy, philosophy, Olympics and more.

Nike, the 25 billion dollar conglomerate, began its journey as Blue Ribbon Sports. A chance decision to rename the company after the Greek Goddess of Victory, made all the difference to its fortunes.

ASUS, the world’s largest PC vendor after Lenovo and HP, is a 13 billion dollar corporation. As per the company’s own admission ASUS is derived from Pegasus, the winged horse of Greek mythology. Only the last four letters were picked from Pegasus as it would help in directory listings.

Olympus, the 7 billion dollar Japanese camera giant, is named after Mount Olympus, the home of the Greek gods. Even Canon Eos, the bestselling autofocus SLR has a mythical connect: Eos happens to be the Greek goddess of dawn.

Two big companies in India – Apollo Tyres (Turnover: $2 billion) and Apollo Hospitals ($750 million), derive their names from the very handsome and strong, god of light, who is also known to be the chief patron of medicine.

Even demigods have been milked to create business propositions. Atlas (the titan who supports the heavens on his shoulders) and Hercules (the son of Zeus synonymous with superhuman strength) are two of our leading cycle brands clocking revenues in hundreds of crores.

Trojan, America’s No.1 condom, is an ode to the virility of Priam, the last king of Troy. Priam is said to have fathered 50 sons and innumerable daughters!

Another colourful character from the past who’s been converted into a money spinner is Milo. The ancient wrestler who was the grand slam champion of the sport in his times was immortalised by Nestle as a chocolate malt beverage.

One can go on recounting. From Eidos (meaning: ‘species’) to Omega (the last letter), there are so many brands that have leeched off the Greek cornucopia. If only the good people of Athens had found some way to demand royalty, they wouldn’t be in such a soup. Or should we say Fasolada?

Thursday, April 18, 2013

The Immortal Daughters

Dads have a history of moving heaven and earth for their daughters. Mike Micka hacked an entire video game to let his daughter play saviour instead of Mario. Tom Cruise blew up 3 million pounds to hire a private jet to see his daughter Suri on her seventh birthday. Apollo 17 astronaut Eugene Cernan actually went all the way to the moon to etch the initials of his little girl (Tracy Dawn Cernan) on the lunar surface!

Entrepreneurs wow their daughters with a simple trick. They name their brands after their favourite child to give them the gift of immortality. When Karsanbhai Patel lost his daughter Nirupama to a car accident, he brought her to life again by christening his detergent as Nirma (her pet name). Just to make sure no one forgets her, he put her illustration on the pack and in the TV commercial. Result: Nirma lives in millions of households today and everyone knows her as the girl in that billowing white frock.

Steve Jobs’ case was slightly different. When he named Apple’s first ever PC as Lisa, it was to overcome his guilt as he had denied paternity in court by disclaiming the physical ability to procreate a child. So he couched it by planting stories that Lisa was an acronym for Local Integrated System Architecture. But later, he admitted that it was a nod to his daughter Lisa Nicole.

The commercial failure of Lisa brought to fore the inherent risks attached in the ‘immortalise my princess’ strategy. But the stupendous success of Barbie (nick name of Barbara, daughter of Mattel’s cofounder) doused the fire of doubt and emboldened Mattel to launch one more doll in the name of Barbara’s brother Ken!

Sara Lee, Wendy’s and Skoda Felicia are three more illustrious examples where daughter names have proved to be veritable blockbusters. The home appliances brand Usha and the fabric whitener company Jyothi Laboratories are some Indian success stories in this ‘beti brand’ genre. But fame for one daughter can cause needless sibling rivalry. The only way out of this logjam is to launch another brand in the other daughter’s name!

Thursday, March 21, 2013

The Red Indian Brand

The problem with young civilizations is that they have very little history and almost no mythology to play with. So one is forced to spin yarns and invent stereotypes to inject a sense of drama into bedtime stories. The American narrative of the Red Indian as a perpetually buckskin-wearing, feather-bonnet-donning, war-paint-sporting noble savage riding a crazy horse, is a rather one dimensional profile of a proud race. It’s as demeaning as reducing every South Indian to a Mehmoodian caricature.

But the good news is that despite the best efforts of Western Dime Novels and Hollywood B-grade movies to pigeonhole the Native American as the anachronistic wild guy, marketers have managed to create an aspirational halo around him, albeit serendipitously.

Pontiac, the automobile brand from General Motors, was the earliest attempt to make the Red Indian cool. Named after the Michigan city (which in turn was named after the legendary Chief Pontiac who was famously brave), the car with the arrowhead emblem, never tried to underplay its moorings. On the contrary, Pontiac celebrated its valiant heritage with a series of tributes. The launch of the ‘Chieftain’, ‘Aztek’, ‘Montana’, and ‘Star Chief’ models just go to underline the company’s macho credentials.

America’s first motorcycle ‘Indian’ (yeah, the real hero of the movie The World’s Fastest Indian) had as many fan boys in its heydays as Harley Davidson. ‘Indian’ was initially baptised as ‘American Indian’. The dropping of the American prefix made it even more saleable in global markets.

The cutesy kiddie brand ‘OshKosh B’Gosh’ is an indirect nod to the Ojibwe Indian Chief Oshkosh who fought alongside the Americans in the Black Hawk war. Likewise, ‘Sequioa Capital’ – the big daddy of venture capitalists – draws its roots from ‘Sequoyah’, the silversmith who made it possible for the Cherokee tribe to read and write.

Talking of Cherokee, who can forget the iconic Jeep Cherokee? The first ever modern-era SUV that conjures up memories of the finest adjectives. Add Kickapoo (the joy juice born out of a comic strip but owes its name to the wanderers of Oklahoma) and our own TVS Apache (inspired by Arizona’s most fierce tribe) and you’ll realise that the ‘redskin’ is no longer a pejorative.

Thursday, August 23, 2012

The Rule of Three

In advertising, a print campaign invariably has three ads. In screenwriting, 99% of movie plots follow a 3-act structure. In arts, just three colours are enough to derive every other colour. In genetics, information is always represented using a system of triplet codes. In yoga, they say, we exist in three bodies. In Ayurveda, good health is all about achieving a balance of three doshas. And in Indian marriages, the symbol of marital union is the mangalsutra with three knots!

So what’s the mystery with number three? Why on earth is the Earth, the third rock from the Sun? Why is the USA (a triple letter nation) the lone super power? Why are the UPA and the NDA, the lead coalitions of India? Why do the Iyengars and Iyers sport three lines on their foreheads?

For the answer, we just have to turn to Pythagoras. He saw three as the perfect number symbolising a universe ruled over by the trinity – Jupiter (heaven), Neptune (sea) and Pluto (underworld).

Brands across the world have harnessed this power of the triad by naming themselves after it. 3M (Minnesota Mining and Manufacturing), Mistubishi (Japanese for ‘three diamonds’), Samsung (‘three stars’ in Korean), and Sanyo (‘three oceans’ in Japanese) are some billion dollar enterprises that have reaped the dividends.

In India, the story is no different. ‘3 Idiots’ is the biggest ever Bollywood blockbuster in our history. Rajiv Rai’s ‘Tridev’, Yash Chopra’s ‘Trishul’, Shyam Benegal’s ‘Trikal’ and Dev Anand’s ‘Teen Deviyan’ didn’t do badly either. Down South in Kollywood, Balachandar’s ‘Moondru Mudichu’, Balu Mahendra’s ‘Moondram Pirai’ and Rajnikanth’s ‘Moondru Mugham’ fared spectacularly. Aishwarya Dhanush perhaps assumed her film ‘3’ will enjoy a similar fate. Unfortunately for her, the flick sank without a trace. But not before delivering Kolaveri, our very own global chartbuster!

To sum up, whether you’re sipping ‘3 Roses’ tea, or wearing jewellery from ‘Tribhuvandas Bhimji Zaveri’ or watching a 3D version of a trilogy in the comfort of your living room in Tripura, or talking on a 3G phone in an ad agency that used to be called ‘Trikaya Grey’ never forget to ask yourself as to why threesome is awesome!